Corporate Treasurers Take the Helm in Transaction Banking Relationships
(20 May 2024 – Global) East & Partners' latest Global Insights Report, "Selling Banks to the Corporate Treasurer," uncovers a significant shift in transaction banking dynamics.
The report emphasizes the escalating role of corporate treasurers, who are stepping up to take the helm of decision-making responsibilities traditionally held by CFOs.
The study reveals that corporate treasurers are not just ensuring operational resilience and adjusting the company's balance sheet to fund growth, but are also keeping in step with developments in environmental, social, and governance matters, as well as new business investment priorities like artificial intelligence.
East & Partners’ Global Head of Market Analysis, Martin Smith emphasized “It always helps to align solutions with key goals and deliverables that the Corporate Treasurer has been tasked with. With this in mind, advice and offerings that work to rationalise and improve supply chain efficiencies, release trapped liquidity and achieve 100 percent cash visibility will go a long way in engaging and providing value on areas close to a corporate treasurers’ heart.”
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