You’ve made a promise to yourself: 2019 is the year you’ll take your treasury department and your career to the next level.
You’ve seen what your peers have achieved and you want some of the action. Your goal is to upgrade your treasury and position it as the strategic department you know it should be. You’re ready to say goodbye to manual processes and make digital the default in 2019.
The challenge is figuring out what to tackle first. You need a strategy to achieve your goal. Without a well-thought-out gameplan, you risk taking random actions that create the illusion of progress. And there’s a real risk that this time next year you’ll be in exactly the same position — which in these fast-paced times means you’ve fallen behind. If you’re a treasury professional ready to seize 2019 head on and want some expert tips from leading industry professionals, this book is for you.
It’s time to get digital While all treasury teams recognize the value of technology, few are taking meaningful steps to digitize their department. Recent Nordea research highlights this. They find less than half of treasury teams are prioritizing future-proofing their systems. Instead, many are banking on the technology they already have seeing them through the next few years. This might be a dangerous strategy. The world is changing fast, and businesses are evolving in kind. You must ask yourself if your treasury really has the technology and process in place to keep up with these changes. If it doesn’t, you should consider investing in new technology with a vision to future proof the department.