A treasury manager is key to the growth and financial success of a business. Steelcase International's Treasury Manager looks at how treasurers can enable businesses to operate with a minimum of idle cash and aggregate its liquid funds around the globe.
Industry 4.0 is changing the way businesses operate and compete, powering a new breed of treasury management solutions and strategies. Without a robust understanding of the challenges and opportunities that Industry 4.0 – and importantly Treasury 4.0 – brings, companies risk losing their competitive edge.
How are treasurers readying themselves for change on the back of new technologies, business models and the emergence of new regulatory initiatives? Read this interview and be one of the first to discover the results of Economist Intelligence Unit's annual corporate treasury survey.
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?
The current trend of increasing automation and data exchange in the commercial world, often referred to as Industry 4.0, promises numerous productivity gains. However, while Industry 4.0 may be taking off in the commercial side of the business, many corporations have yet to emulate it in their treasury operations.