Towards treasury 4.0/The evolving role of corporate treasury management for 2020
This paper highlights the importance of treasury management in a corporate world. Treasury management is a dynamic phenomenon, and treasurers need to update treasury activities accordingly. This paper aims to provide a future roadmap for treasury management. In the near future, the most important as...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
University of Split, Faculty of Economics
2018-01-01
|
Series: | Management : Journal of Contemporary Management Issues |
Subjects: | |
Online Access: | https://hrcak.srce.hr/file/311180 |
_version_ | 1827282733651460096 |
---|---|
author | Petr Polak Francois Masquelier Grzegorz Michalski |
author_facet | Petr Polak Francois Masquelier Grzegorz Michalski |
author_sort | Petr Polak |
collection | DOAJ |
description | This paper highlights the importance of treasury management in a corporate world. Treasury management is a dynamic phenomenon, and treasurers need to update treasury activities accordingly. This paper aims to provide a future roadmap for treasury management. In the near future, the most important aspects of treasury management will be new financial regulations, developments in information technology, and global approaches toward whole business operations. In this regard, the concept of business intelligence has become a need of the highest importance for every CFO. Treasury management needs to put aside the traditional practice of setting financial targets for one year and think of medium-term treasury planning as a source of significant motivation. Treasury management is a dynamic profession that evolves continuously, seeks maximum effectiveness, and aims for the highest productivity and simplification of all treasury activities. |
first_indexed | 2024-04-24T09:24:12Z |
format | Article |
id | doaj.art-03502c690a9e4ae79edd186043991fe4 |
institution | Directory Open Access Journal |
issn | 1331-0194 1846-3363 |
language | English |
last_indexed | 2024-04-24T09:24:12Z |
publishDate | 2018-01-01 |
publisher | University of Split, Faculty of Economics |
record_format | Article |
series | Management : Journal of Contemporary Management Issues |
spelling | doaj.art-03502c690a9e4ae79edd186043991fe42024-04-15T15:13:52ZengUniversity of Split, Faculty of EconomicsManagement : Journal of Contemporary Management Issues1331-01941846-33632018-01-0123218919710.30924/mjcmi/2018.23.2.189Towards treasury 4.0/The evolving role of corporate treasury management for 2020Petr Polak0Francois Masquelier1Grzegorz Michalski2University of Brunei Darussalam, GadongRTL Group, LuxembourgWroclaw University of Economics, PolandThis paper highlights the importance of treasury management in a corporate world. Treasury management is a dynamic phenomenon, and treasurers need to update treasury activities accordingly. This paper aims to provide a future roadmap for treasury management. In the near future, the most important aspects of treasury management will be new financial regulations, developments in information technology, and global approaches toward whole business operations. In this regard, the concept of business intelligence has become a need of the highest importance for every CFO. Treasury management needs to put aside the traditional practice of setting financial targets for one year and think of medium-term treasury planning as a source of significant motivation. Treasury management is a dynamic profession that evolves continuously, seeks maximum effectiveness, and aims for the highest productivity and simplification of all treasury activities.https://hrcak.srce.hr/file/311180treasury 4.0treasury evolutiondigitizationglobalizationbusiness intelligence |
spellingShingle | Petr Polak Francois Masquelier Grzegorz Michalski Towards treasury 4.0/The evolving role of corporate treasury management for 2020 Management : Journal of Contemporary Management Issues treasury 4.0 treasury evolution digitization globalization business intelligence |
title | Towards treasury 4.0/The evolving role of corporate treasury management for 2020 |
title_full | Towards treasury 4.0/The evolving role of corporate treasury management for 2020 |
title_fullStr | Towards treasury 4.0/The evolving role of corporate treasury management for 2020 |
title_full_unstemmed | Towards treasury 4.0/The evolving role of corporate treasury management for 2020 |
title_short | Towards treasury 4.0/The evolving role of corporate treasury management for 2020 |
title_sort | towards treasury 4 0 the evolving role of corporate treasury management for 2020 |
topic | treasury 4.0 treasury evolution digitization globalization business intelligence |
url | https://hrcak.srce.hr/file/311180 |
work_keys_str_mv | AT petrpolak towardstreasury40theevolvingroleofcorporatetreasurymanagementfor2020 AT francoismasquelier towardstreasury40theevolvingroleofcorporatetreasurymanagementfor2020 AT grzegorzmichalski towardstreasury40theevolvingroleofcorporatetreasurymanagementfor2020 |