Written by PYMNTS Intelligence and Citi
Treasurers should be on the front lines of keeping their company financially healthy. PYMNTS Intelligence finds that many companies fall short of empowering their treasurers to have maximum impact. Companies with treasurers who have greater influence and integration into business operations reap many benefits. They have more predictable cash flows, expect revenue increases and are agile in responding to market conditions.
"Why Treasurers’ Influence Matters,” a PYMNTS Intelligence and Citi collaboration, explores the relationship between the level of influence a treasurer has and their company’s business outcomes. It draws on a survey of 500 executives, including treasurers and non-treasurers. Explore insight into:
- The relationship between a treasurer’s influence and revenue outlooks and cash flows
- How influential treasurers lead to adaptable responses to changing market conditions
- Non-treasurer executives’ perceptions of the revenue estimates based on their treasurer’s influence
- The share of treasurers and non-treasurers calling for greater interdepartmental collaboration
- What benefits treasurers expect from greater cross-department collaboration
- Insights into non-treasury executives’ misperceptions of the treasurer’s role compared to the CFO’s
- Barriers treasury and non-treasury executives cite that limit collaboration
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