Treasury Trends

While all treasuries manage different parts of the finance function, there are some common core responsibilities as indicated by the chart below. Also, in a recent pre-meeting survey of the NeuGroup’s Global Cash and Banking Group (GCBG), most members said they have some type of centralized organization, although most have a hybrid structure where responsibilities are somewhat spread out, depending on need. And when responsibilities do expand beyond HQ, that expansion is mainly driven by complexities of local regulations and practices, or international growth and the need to support local business.Other trends: Most members have not experienced FTE reductions lately, but there has been a push to move away from non-value added activities and an increased pressure on resources. Source: The NeuGroup GCBG Benchmarking Fall 2014