Towards Treasury 4.0/The Evolving Role of Corporate Treasury Management for 2020

Journal of Contemporary Management Issues (University of Split, Croatia), Vol. 23, 2018, No.2, pp. 189-197

9 Pages Posted: 20 Dec 2018

See all articles by Petr Polak

Petr Polak

University of Brunei Darussalam

Francois Masquelier

RTL Group, Luxembourg

Grzegorz Michalski

Uniwersytet Ekonomiczny we Wrocławiu - Faculty of Engineering and Economics

Date Written: May 2018

Abstract

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.

Keywords: Treasury 4.0, treasury evolution, digitization, globalization, business intelligence

JEL Classification: G32

Suggested Citation

Polak, Petr and Masquelier, Francois and Michalski, Grzegorz, Towards Treasury 4.0/The Evolving Role of Corporate Treasury Management for 2020 (May 2018). Journal of Contemporary Management Issues (University of Split, Croatia), Vol. 23, 2018, No.2, pp. 189-197. Available at SSRN: https://ssrn.com/abstract=3303639

Petr Polak (Contact Author)

University of Brunei Darussalam ( email )

Jalan Tungku Link
Gadong
Bandar Seri Begawan, BE1410
Brunei

Francois Masquelier

RTL Group, Luxembourg ( email )

45, boulevard Pierre Frieden
L-1543 Luxembourg
Luxembourg

Grzegorz Michalski

Uniwersytet Ekonomiczny we Wrocławiu - Faculty of Engineering and Economics ( email )

ul. Komandorska 118-120
Wroclaw, 53-345
Poland

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