Next generation treasury functions will work in real-time, with highly integrated, automated systems. Treasury teams will leverage intelligent tools; data will power forward-looking decision-making; and manual legwork will give way to strategic thinking. But how can treasurers deploy innovations associated with the Fourth Industrial Revolution, also known as Industry 4.0, to work towards this vision of Treasury 4.0?
At a time where the consequences of technological weakness have never been greater, treasurers are struggling to prioritise modernising their treasury functions. Treasury technology previously considered inessential, has the potential to soon become the industry standard, creating a plethora of issues for those who fail to invest promptly.
With an overarching theme of ‘resilient treasury’, EuroFinance’s recent International Treasury Management Conference provided insight into how treasurers can achieve operational excellence, through the exploration of themes ranging from sustainability to cybersecurity.
There’s something delicious about an exclusive interview – especially when it involves Ole Matthiessen, Global Head of Cash Management, Deutsche Bank, candidly discussing the eyebrow-raising results of the bank’s latest corporate treasury survey.