Treasury Management Internation Logo
Trade Finance
Published 
Please note: this article is over 9 years old. If you feel this article is inaccurate or contains errors get in touch here . Many thanks, TMI

A Fresh Approach to Treasury Optimisation

by Sigrun Fredriksson, Deputy Head of GTS, Norway, SEB and Tom Lea, Global Business Manager, GTS, Norway, SEB

As we saw from Erik Seifert’s article, ‘Meet Today’s Treasurer’, treasurers’ activities have never been so much in the limelight, nor valued so much as they are today. Continuing economic uncertainty and an ongoing focus on risk management, cost control and liquidity have fixed the spotlight on treasury, which in many organisations is leading to treasurers taking on an expanded role, particularly taking oversight of the financial supply chain and enterprise-wide risk management. There are other factors too that are resulting in treasurers’ horizons expanding. Sarbanes-Oxley and similar corporate governance initiatives around the world necessitate end-to-end control and visibility over financial processes. Ongoing pressure on working capital is also a driver. No longer is treasury engaged simply in the outcome of processes that contribute to working capital, but with constrained liquidity and an increased awareness of risk counterparty, liquidity and operational risk, it is becoming more influential in controlling these processes.

Introducing the Corporate Financial Value Chain™

To respond to changing organisational and external demands, and continue to find ways to add value to the organisation, treasurers need a new approach to reviewing and refining their treasury strategy, processes and technology. With such a broad scope of responsibility, it can be difficult to prioritise improvements that would deliver the greatest value. Consequently, to support treasurers in their enhanced role, at SEB we have successfully pioneered a proven new framework to support treasurers, known as the Corporate Financial Value Chain™ (CFVC) which is already delivering substantial value to many of the world’s leading organisations.

Continuing economic uncertainty and an ongoing focus on risk management, cost control and liquidity have fixed the spotlight on treasury.