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The current business environment is marked by uncertainty, and the demands on all corporate teams, including treasury, continue to grow. As a result, treasury's contribution to the organization has become more holistic than ever before. And as the "2022 AFP Strategic Role of Treasury Survey," supported by Marsh McLennan, reveals, maintaining a high-functioning treasury team that can leverage processes and technologies to effectively execute core areas of responsibility is critical.

"Against a landscape of global supply-chain challenges and record-high inflation, treasury has an opportunity to rise to the occasion and provide sought-after guidance and expertise," says Jim Kaitz, president and CEO of the Association for Financial Professionals (AFP).

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