A Decade in Dialogue
We examine how Journeys to Treasury has become one of the most trusted spaces for shared thinking and for forecasting the future of treasury.
JTT 2025 – Conclusion – THE PILLARS OF JOURNEYS TO TREASURY
Please see all 12 episodes of JTT 2025 below, in this final chapter we say thanks to the contributors. The strength of Journeys to Treasury (JTT) has always extended beyond the report itself. Its unparalleled value lies in harnessing the collective expertise of four leading institutions—BNP Paribas, PwC, SAP, and EACT—and their global networks of specialists. For […]
JTT – Chapter Twelve – REWIRING TREASURY AT ZOETIS
Twelve years after spinning out from Pfizer, Zoetis has built a lean, centralised treasury that is digitally enabled and strategically engaged. Assistant Treasurer Michel Verholen reflects on the tools and tactics behind the transformation and how visibility, automation, and AI are setting the stage for what is ahead.
JTT – Chapter Eleven – AI’S TREASURY MOMENT
AI is no longer a distant promise. Step by step, treasury teams are using it to rethink how they work by combining data, technology, and human judgment. From virtual assistants to predictive models, real-world use cases are beginning to deliver results.
JTT – Chapter Ten – RACING THE CLOCK AND WINNING!
Faced with a product recall and €1bn in excess inventory in quick succession, Accell Group’s treasury team found themselves facing a steep uphill climb. Their response: a full pivot from traditional cash pooling to an integrated in-house bank, all of which was designed, constructed, and implemented in record time.
JTT – Chapter Nine – VIRTUAL ACCOUNTS AND THE RACE FOR REAL-TIME LIQUIDITY
Treasurers are intensifying their efforts to achieve instant cash visibility and control. Virtual accounts, APIs, and real-time data offer the potential for faster decision-making and more streamlined operations, as long as integration, regulation, and cultural change are managed carefully.
JTT – Chapter Eight – VERIFICATION OF PAYEE
As the EU prepares to mandate Verification of Payee across the SEPA region, its implications are already under scrutiny. For corporates, the road may be bumpy, but with stronger identifiers, clearer implementation rules, and deeper collaboration, the destination is still within reach.
JTT – Chapter Seven – TACKLING PRACTICAL QUESTIONS IN VERIFICATION OF PAYEE’S ROLLOUT
Corporates are preparing for the EU’s instant payments regulation, but the path to adopting Verification of Payee is proving complex. Treasury teams are exploring practical ways forward while calling for closer collaboration between banks, regulators and technology providers.
JTT – Chapter Six – BANKING ON CHANGE
At Comcast, what began as an ambitious clean-up of legacy accounts has evolved into a multi-year transformation that continues to reshape how treasury operates and how it’s perceived. The treasury team hasn’t just streamlined systems. It has rebuilt trust, unlocked cash, and earned a seat at the strategic table.
JTT – Chapter Five – THE FUTURE OF PAYMENTS
Incoming and outgoing payments are central to a corporate treasurer’s responsibilities because they directly impact liquidity, risk management, and operational efficiency. Today, treasurers face a wave of changes, from instant payments and ISO 20022 to digital currencies and e-invoicing, each of which hasimplications beyond simple regulatory tick-box exercises.
JTT – Chapter Four – TREASURY AUTOMATION IN ACTION AT EVONIK
Evonik’s treasury team has embedded automation at the core of its operations, from near-total payment straight-through processing to real-time liquidity dashboards. With integration, visibility, and control as guiding principles, the team is redefining how digital tools support risk management, compliance, andstrategic decision-making.
JTT – Chapter One – ASSEMBLING THE BUILDING BLOCKS FOR CHANGE
Treasurers are going back to fundamentals, according to the Treasury Survey 2025 from the European Association of Corporate Treasurers. Cash flow forecasting has returned to the top of the agenda, and while digital transformation is a focus, the work begins with systems, data, and skills rather than quick fixes.
Journeys to Treasury 2025 – Introduction
This year marks the tenth edition of Journeys to Treasury, representing a full decade of collaboration, reflection, andforward-looking insights. Since its launch in 2016, the project has charted treasury’s evolution inaspects such as cash pooling and centralisation, as well as the latest trends in automation, ESG, and AI. Over the years, much has changed. But one constant remains: the need for treasurers to master the […]
Tight Controls and Sharp Strategies are Key to Enhesa’s Swift Growth
TMI’s Ben Poole speaks with Enhesa’s CFO, Laurent Marcelis, about navigating the challenges of rapid global growth. Learn how the team has optimised treasury and finance processes, ensured efficient management of senior debt obligations, and supported financial stability throughout a whirlwind expansion. Laurent describers where treasury can add strategic value in the planning process, providing […]
Into the Eye of the Tiger: Rotork Transforms it’s Asian Treasury Operations
TMI’s Ben Poole sits down with William Potts and Nick Batty to uncover how Rotork, a global leader in flow control and instrumentation solutions, reshaped its treasury operations across APAC. This candid discussion explores the drivers behind the company’s transformation, from streamlining payments and collections with a global e-banking solution to enhancing FX management and […]
Daimler Truck Stars in its own Independence Day Spin-off Success Story
Daimler Truck’s successful spin-off highlights key treasury strategies, tech separation, and efficient decision-making.