Written by PYMNTS Intelligence and Citi
Technology industry treasurers face different challenges than their peers in other sectors. For example, only 50% report having strong influence in decision-making, far below other sectors like consumer goods. Their limited involvement affects key financial outcomes, such as cash flow predictability and revenue optimism. “The Impact of Misunderstood Treasurers in Technology,” a PYMNTS Intelligence and Citi collaboration, examines the challenges technology industry treasurers face, including poor interdepartmental collaboration and the lowest cash flow predictability across sectors. It draws on insights from a survey of 500 treasurers and other department heads, providing a comprehensive look at the barriers limiting treasurer influence and that limited influence’s impact on financial outcomes. Explore insight into:
- How treasurer involvement impacts cash flow predictability compared to other financial departments.
- Why tech firms can benefit from greater collaboration between treasurers and finance or business strategy teams.
- Why treasurers believe they can improve cash conversion cycles and reduce debt.
- How tech companies can unlock growth opportunities by increasing treasurer influence in strategic decisions.
