X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
In today’s increasingly complex and competitive marketplace, businesses need to ensure that every dollar flowing through the cash conversion cycle moves as quickly and as efficiently as possible. This need creates an opportunity for treasury teams to elevate their strategic significance, but it also requires them to step back and rethink how their function’s goals, actions, and processes resonate throughout the company.

Such a comprehensive evaluation of the impact of the treasury function creates new opportunities for treasury managers to integrate their activities with those of other key stakeholders within the company, and to ensure that they are collaborating in ways that support the broader organization’s key goals. When it comes to improving cash flow and working capital, the natural partners for treasury to collaborate with are the payments and procurement teams. The integration—both strategic and tactical—of procurement, treasury, and payments can benefit the organization as a whole. But successful integration requires all parties to consider their role within the context of the broader company.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Dig Deeper

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.