|
The role of the treasury function within an organization is changing. The department
is expected to play a wider role in strategic decision-making, adding value
to the corporation. Treasury managers are expected to not only manage corporation
cash, but also contribute to shareholder value. New technology brings new tools
for treasurers to the table.
Historically, treasury has been mainly responsible for ensuring the liquidity of the organization while limiting risk. This is still part of treasury’s key objectives. However, adding value to the corporation wherever possible has moved to the forefront. Technology has helped treasury personnel do their jobs better – more effectively, more efficiently, and with less chance for error. As a result, technology implementation has been increased in corporate treasury departments in recent years.
Please login below to access
the full text of this paper. If you are not currently an online member or subscriber
sign-up today, it's free. For online membership, click
here.
|
