2011 AFP Strategic Role of Treasury Survey
A new report
from AFP’s Corporate Treasurer’s Council (CTC) reaffirms trends observed during the 2011 Strategic Role of Treasury Survey: treasury is growing in importance within the organization, and is transcending its traditional functions.
Treasury continues to take on a more strategic role within organizations. The heightened visibility of Treasury to management comes not only from expanded responsibilities but also from a heightened value attached to traditional Treasury functions—such as cash and liquidity management—resulting from the economic instability over the past several years.
In September 2011, AFP sent a 23-question survey to senior-level financial professionals on the state and role of Treasury in their organizations. The survey asked about the key responsibilities of treasury departments, the resources made available to support Treasury, and the key metrics of departmental success. The 2011 AFP Strategic Role of Treasury Survey is possible in part to the underwriting support from SunTrust.