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...

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Main Authors: Petr Polak, Francois Masquelier, Grzegorz Michalski
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
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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.
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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