Cash Management in a Digital World: Today’s Landscape and What’s on the Horizon

How are Treasury teams faring with managing cash and sharing related insights with the business? These are some of the central questions asked as part of the Cash Management in a Digital World survey, conducted by Treasury Webinars and Bottomline.

What follows is an analysis of key survey results and benchmarks treasury executives can use to build the case for additional resources that enable cash management success. It also provides actionable insights treasury leaders can use to stay ahead of the curve, maximize the impact of their treasury departments, and inform strategic planning for 2025.

Some key themes that emerged from the survey include:

1. Top cash management challenges are time misallocated on non-value add activities, a lack of cash forecasting speed and accuracy, and lack of collaborating with AP and AR.

2. Treasury teams need to assess and take more control/exert more influence over treasury technology, AP and AR.

3. Treasury teams need to identify and mitigate cash management silos between AP and treasury and AR and treasury to more effectively manage cash.

Download the report for even more findings.