2014 AFP Strategic Role of Treasury Survey
The role of Treasury continues to expand, and the function
is increasingly playing a more central role in corporate decision-making. The survey findings reveal the role of the
Corporate Treasurer has fundamentally and irrevocably transformed from a
traditionally focused, back-office, intensive function to one that is
significantly more visible and highly strategic.
The Association for Financial Professionals® has been
tracking the evolving role of Treasury for a decade. Previous results from this
survey series revealed that the treasury functions at companies were beginning
to play a more strategic role. Since the
turmoil of the last recession, subsequent editions of this survey have shown a
heightened level of Treasury’s importance driven by its focus on cash
management and liquidity. This report
finds that the expanded role and contribution of Treasury will continue to grow
over the next five years.
The 2014 AFP Strategic
Role of Treasury covers detailed statistics on key reasons for Treasury’s
more strategic role, functions where Treasury plays a lead role, key areas of
focus for Treasury, leadership skills required for treasurers and Treasury’s
access to executive management.
Previous Survey Reports