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A Fitter Treasury Starts with a Strong Digital Backbone, TMI Magazine, TMI 266
As businesses across Europe accelerate their digital transformations, savvy corporate treasurers have a unique opportunity to secure enriched data insights, which could enable treasury functions to become operationally and financially fitter.
In order to monitor how todayís corporate treasury functions are preparing to transform to Treasury 4.0, HSBC commissioned a survey answered by over 200 corporate treasurers from large-scale businesses around the world. The research delved into the extent of change treasury teams expect, as well as the technology, treasury techniques, and team talent they believe will be transformative in the near future.
Thomas Papier, Group Treasurer, Fareva, explains how he teamed up with BNP Paribas to put in place the essential cash management plumbing for his new treasury function, alongside leading-edge cash centralisation and optimisation projects.
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