The results of Nordea’s newly released ‘Treasury 2025’ survey show four out of five corporate treasury functions expect to be strongly involved in the strategic decision making process related to digital business transformation by 2025. However, this expectation is not shared by other areas of the business who mainly see the treasury as just another specialist function.
Transaction Banking and Corporates, Institutions & Investment Banking‘s s annual research report into Nordic treasuries focuses this year on the role of finance and treasury departments in driving changing business models through digital transformation. The Treasury 2025 report is a comprehensive study based on around 300 survey results received from people working in both treasury and business functions in large Nordic based companies.
Taru Möller, Head of TxB Propositions at Nordea, says: “Evolving customer requirements and new emerging technology are the most important drivers for business model transformation. We can see significant changes in the way products are being manufactured and delivered to consumers. This is causing a demand for automation and real-time transactional capabilities across all aspects of the supply and delivery value chains.”
“Basically we see that the treasury has two options in how to respond to these changes; either they will evolve and understand how they can enable business model transformation or they will stay as a utility function. This is the key difference the Treasury 2025 report tells us compared to previous research reports we have conducted in this area.”
Download the report and learn more from Insights.nordea.com/treasury2025 where Taru Möller and Johan Trocmé, director, Nordea Thematics share more findings.
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