Download our report on the state of treasury during the pandemic
Download our comprehensive report on the state of treasury during the pandemic.
If you work in treasury or cash management, you already know how crucial aspects like cash flow forecasting and cash visibility are. However, in 2020, more of your colleagues likely recognized their importance as well.
In the summer of 2020, right in the middle of the global COVID-19 pandemic, Nomentia partnered with The Global Treasurer to conduct a detailed survey. This survey aimed to identify the top priorities in leading treasury departments and explore the future trends that might emerge. It also delved into how the pandemic is reshaping the daily lives of treasurers, who are now more crucial than ever in ensuring business continuity and success.
- Nearly two-thirds of treasurers identify time and resources as the biggest roadblock to centralization, with many citing internal resistance. Increasing visibility and reducing dependencies on banks are also key aspirations.
- Cash forecasting has become of prime importance for treasurers at this moment.
- Top concerns around payments include operational efficiency and fraud prevention.
- Strategies to make treasury and cash management centralization a priority for organizations.
By reading this report, you can gain valuable insights into how treasurers are navigating these unprecedented challenges and what lies ahead in the evolving treasury landscape.
