Welcome Agent Zero

What 2026 demands, our experts believe, is a deliberate operating model where AI serves to deepen what treasury already does.

Welcome Agent Zero

Agentic AI is already here, but treasury workflows won’t be transformed by novelty features or scattered pilots. Five Truths about Making AI Work in Treasury with Grant Walker of Nestlé, Dr Arif Esa of SAP and Aniket Kulkarni of PwC

Shaping a Credible, Value-driven AI Roadmap

Grant Walker (Nestlé), Aniket Kulkarni (PwC) and Dr. Arif Esa (SAP) reveal what AI adoption really looks like in treasury.

AI in Treasury: A TMI Videocast

Experts reveal what AI adoption really looks like on the ground in today’s treasury functions.

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 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 Two – DIALLING UP CASH FLOW AT VODAFONE

Vodafone is turning cash flow into a companywide mission. From payments to network build-outs, teams weigh the cash impact of everyday choices so the business can fund growth from within.

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 […]

Beyond Blockchain: How Google’s Ledger Is Redefining Payments

Moritz Platt (Google) explores how the Google Cloud Universal Ledger is helping treasurers streamline payments and modernise operations.

From Myth to Reality: The Treasury Tech Wake-Up Call

Eleanor Hill (TMI) catches up with Tinatin Biganashvili (Zalando) to debunk some common misconceptions around leveraging treasury technology.

Rewiring Treasury: From Spreadsheets to Smart Systems

Eleanor Hill (TMI) chats with Luke Carlson (Carlson Cash) about how treasury teams are embracing real-time tools and smarter tech.

Ticking Boxes VS Building Value: Rethinking Treasury Solutions

Join Eleanor Hill as she discusses SAP and modern treasury platforms at the Conference in Rome. Discover future-ready strategies.

ESG and the Case for Transactional Carbon Accounting

Warren Anadachee (SAP) joins TMI to discuss a very particular area of ESG, namely why corporate treasurers should pay attention to carbon accounting.

You Can’t Change What You Can’t Measure

Warren Anadachee (SAP) explains why treasurers need to be getting to grips with carbon accounting.

The Ultimate Passport For Cross-Border Payments

Clare Rowley (GLEIF) and Séverine Le Blévennec (Aliaxis) highlight key use cases for the LEI in payments and share insight into global pilot projects undertaken by GLEIF.

BAT Restructures Debt Portfolio With Bold Bond and Buyback Transaction

Daniel Wong (BAT) talks to Ben Poole (TMI) about the successes gained from BAT’s $5bn bond issuance.

Achieving Full Automation of FX Cash Settlement

Jörg Bermüller discusses how the treasury team at Merck Group fully automated its FX cash settlement.

AI in Treasury

AI in all its forms is already disrupting corporate treasury procedures, training, and the strategic aims of the function.

Podcast – Journeys to Treasury Deep-Dive: Cash Flow Hedge Accounting at JT Group

Listen to this audible case study, which provides a lens over the details of a recent cash flow hedge accounting project undertaking by the JT Group treasury team.