Treasurers Must Be Well Positioned to Make Prompt and Decisive Judgment Calls, While Dealing With the Pressure of Using Company's Cash To Promote Growth
(PRWEB) July 27, 2016 -- The treasurer of today is operating in a turbulent world. We live in an age of uncertainty, with Brexit, the recent slump in oil prices, and an increasingly fraught geo-political climate meaning that financial market conditions and business requirements can turn quicker than ever. Treasurers must be well positioned to make prompt and decisive judgment calls in the face of any shocks, and ensure that liquidity is sufficient to pay their organization’s expenses, bills, and vendors. They must do all this while also dealing with the added expectation of the last few years to use their company’s cash to promote growth.
To deal with this, treasurers are turning to new technologies and processes. However, it seems that many are being left behind, still reliant on basic spreadsheets when integrated treasury-management systems and enterprise-resource-planning (ERP) modules now widely available and provide far more advantages. Nearly half of companies with less than $10bn in revenue still use spreadsheets as their primary treasury system, and they are losing competitive edge as a result.
The Treasury Management Summit will take place in Boston this September 8-9, where more than 20 experts in the field will take the stage to discuss the challenges facing the treasury function and the strategies they have adopted to overcome them successfully.
Among the speakers will be Eugenia Solache, Director of International Treasury at CBS Corp, who will discuss how anyone can become currency agnostic in a today’s dynamic environment while also minimizing FX exposures. Tim Deloso, VP & Treasurer at Warner Bros, will also present, revealing how to best promote business efficiency through the treasury function, as well as Adrienne Terpak, Treasury Management Services TD Bank, and a range of other treasurers from leading companies across a variety of industries.
Aaron Fraser, curator of the summit, notes that, ‘The challenges within the treasury function are greater than ever, and we’re excited to have a number of award winning speakers this year. There will also be more than 100 experts in attendance, and we’re hopeful that we can follow up on last year’s highly successful event and deliver more innovations and solutions to the problems facing financial leaders.’
For more information about the summit or to secure a pass, please contact Sam at scole(at)theiegroup(dot)com (+1 415 952 9287). Alternatively, you can register online.
Lauren Ravary, Innovation Enterprise, https://theinnovationenterprise.com/?gclid=CMPP16ffuM0CFUeeGwodSCYNKQ, +1 415 952 9730, [email protected]
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