Journeys to Treasury 2018: The Digital Treasury Becomes a Reality

Published 

Now in its third year, the partnership of BNP Paribas, PwC, SAP and the European Association of Corporate Treasurers (EACT) goes from strength to strength with the publication of the latest Journeys to Treasury report. This uniquely collaborative report once again provides expert insights and practical experiences on the key topics that are dominating the treasury agenda today and shaping the treasury of the future.

With so many demands and priorities on treasurers’ agendas, the choice of topics was determined by a careful survey of senior corporate treasurers in connection with the EACT Summit 2018. This survey revealed that optimising liquidity management remains a priority for many treasurers. In particular, new and emerging solutions presenting fresh opportunities to create operational and strategic advantage. Digital technologies remain an enabler of change and competitive advantage. Treasurers are embracing digitalisation to manage liquidity and risk more effectively. They are also facilitating wider digital strategies across the business through innovative payment and collection models.

Amidst the opportunities to enhance treasury processes and decision-making, and forge stronger business partnerships, treasurers face a range of issues. Although addressing regulatory challenges remains an issue, treasurers are also tasked with understanding, anticipating and responding to global tax reforms that are influencing corporate organisational structures. Every organisation, in every industry and country, also faces the growing scale and prevalence of cyberattacks, with the risk of financial and reputational damage and loss of business continuity. Treasurers’ role in protecting the company’s financial assets places them at the forefront of efforts to tackle and mitigate rapidly mutating cybersecurity risks.

This year’s report shares the findings of in-depth workshops attended by experts from the four Journeys to Treasury partners, complemented by practical insights, case studies and interviews from eleven leading corporate treasurers. The partners comment on the new edition of the report as follows:

“The scale of the challenge – but also opportunity – for corporate treasurers to add value to their organisations in new ways is unprecedented, but it can be difficult to know where to start. The Journeys to Treasury report offers a valuable guide to help treasurers navigate through uncertainty to create clarity and drive transformation.”
[BNP Paribas]

“Much of the educational and thought leadership material available to treasurers presents a single point of view. The value of the Journeys to Treasury collaboration is that it provides multi-faceted perspectives that add richness of insight and acknowledge complexity.”
[EACT]

“Corporate treasury continues to evolve to meet the challenges of international growth, emerging digital innovations and a complex, fast-changing market, regulatory and tax environment. The Journeys to Treasury partnership, and this most recent report, helps treasurers to drive and influence change with confidence, enabling them to ask the right questions, and putting the right tools at their disposal.”
[PwC]

“Opportunities for digitalisation to transform treasury processes and decision-making have never been greater, but the focus needs to be on using new capabilities to deliver value to the enterprise. The Journeys to Treasury report helps treasurers to shape priorities and business cases to leverage new and established technologies to deliver operational and strategic benefit.”
[SAP]

To download a copy of the report, please go to the Journeys to Treasury website.

 

 

Most recent episodes

40th Annual New York Cash Exchange: What Can Treasurers Expect?

Ahead of the 40th annual New York Cash Exchange, two of TMANY’s distinguished board members, David Miller and Timothy T. Hesler, CTP, provide TMI CEO, Robin Page, with a quickfire rundown of what attendees can expect from this year’s conference. Our guests share their aspirations for the event,...

00:00

Expectation-Beating Inflation Prints Ratchet Up Pressure on Monetary Policy

Welcome to the third edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 9th May...

04:48

Making the Sustainable Transition: A Roadmap to ESG in Treasury

Over the last 18 months, Societe Generale has experienced a steady increase in requests from their corporate clients to integrate ESG features in treasury management.  Louis-David Rouyer, Philippe Pougeard, and Emmanuelle Petelle (Societe Generale) provide TMI’s Eleanor Hill with a whistlestop run...

22:24

Lift Off for Fed Rate Rises

Welcome to the latest edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 5th of...

04:58

Treasury in 2022 and Beyond

Industry experts Bob Stark (Kyriba) and Sebastian di Paola (PwC) join TMI’s Editor, Eleanor Hill, to explore the very latest treasury trends – and to discuss how smart treasurers can get ahead of the game by ...

43:21

How BearingPoint Harnessed Data-Driven Forecasting with CashAnalytics and SAP

Listen back to our recent forecasting masterclass, where Group Treasurer Eveline Stam, and Conor Deegan (CashAnalytics) provided TMI’s Eleanor Hill with a comprehensive overview of how consultancy firm BearingPoint achieved company-wide cash forecasting nirvana by combining specialist solutions from...

37:14

The 3 T’s of The Future: Tech, Treasury, and Transformation

Over the past two years, an increasingly dynamic environment has not only accelerated technology development – from quantum computing to blockchain technology, and even the metaverse – but also technology adoption, bridging colleagues and breaking down silos in a remote work world. In this podcast,...

44:02

Monetary Policy Continues to Drive Markets as Ukraine Invasion Weighs on March Meetings

Welcome to the second edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 3rd of...

05:25

Tax Spotlight: How the OECD’s Two-Pillar Solution Impacts Treasury

Aaron Lee and Joseph Lee (DBS Bank) join TMI’s Eleanor Hill to discuss how the OECD’s Two-Pillar Solution aims to address the tax challenges arising from the digitalisation of the economy. Ahead of the 2023 implementation date multinational corporates will have much to consider around these reforms....

24:00

FX Connections: Bringing Transparency to Cross-Currency Payments

Cross-border activity is growing at a remarkable rate, making FX payments a hot topic for treasurers across the globe.  In this TreasuryCast episode, Eleanor Hill asks Daniela Eder and Gibran Maqsood (Barclays Corporate Banking) to provide their key action points around FX payments in 2022. Our guests...

21:00