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Corporate Treasury's New Role - Strategic Business Advisor
 

Corporate Treasury's New Role - Strategic Business Advisor

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CEOs want corporate treasurers “to aid in corporate decision making, whether the decisions are related to cash flow, funding, or risk considerations. Yet treasury functions lack the standardized ...

CEOs want corporate treasurers “to aid in corporate decision making, whether the decisions are related to cash flow, funding, or risk considerations. Yet treasury functions lack the standardized banking network and universal access to their banking information that would enable them to provide that insight.”

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    Corporate Treasury's New Role - Strategic Business Advisor Corporate Treasury's New Role - Strategic Business Advisor Presentation Transcript

    • Corporate Treasury’sNew Role: StrategicBusiness AdvisorNO. 18E-BookSAP Center for Business Insight |Brief |Q&A |Case Study |Inquiry |E-Book
    • E-Book: Corporate Treasury’s New Role: Strategic Business Advisor2 NO. 18©2013 SAP AG or an SAP affiliate company.All rights reserved.CEOs want corporate treasurers “to aidin corporate decision making, whetherthe decisions are related to cash flow,funding, or risk considerations. Yet treasuryfunctions lack the standardized bankingnetwork and universal access to theirbanking information that would enablethem to provide that insight.”Excerpted from Ascent to Power: Corporate Treasury’s New Role in the BusinessCompanies Want Their Treasury Groups to BecomeStrategic Advisors
    • E-Book: Corporate Treasury’s New Role: Strategic Business Advisor3 NO. 18©2013 SAP AG or an SAP affiliate company.All rights reserved.A Joint SAP/CFO Research Survey Finds That CompaniesAre Demanding Improvements in Treasury Processes,Collaboration, and ConnectivityNote: respondents were allowed to make up to three selections.Source: SAP/CFO Research Global Survey of Corporate, Finance, and Treasury Executives, 2013What are your company’s three most important priorities for improving treasury performance?Optimizetreasuryprocesses44%Work moreclosely withline-of-businessmanagement32%Improvetreasury staffexpertise orcapabilities31%Expand oradd treasuryservices24%Skills, Depth & CollaborationUpgrade treasuryinformationsystems ortechnology38%Improve connectivityof treasury systemswith externalinformation systems33%Integrate betterwith non-treasuryinformation systems29%Information & VisibilityChange theorganizational orreporting structurefor treasury18%Adjust treasurystaffing levels17%Organization & StaffingExcerpted from Ascent to Power: Corporate Treasury’s New Role in the Business
    • E-Book: Corporate Treasury’s New Role: Strategic Business Advisor4 NO. 18©2013 SAP AG or an SAP affiliate company.All rights reserved.Note: multiple responses allowed.Source: SAP/CFO Research Global Survey of Corporate, Finance, and Treasury Executives, 2013“Significant improvement is needed.”CEOs N = 62 CFOs N=105 Treasurers N=815040302010Strengthening liquidity Improving communicationor connection with theinformation systems of thirdparties (e.g., suppliers, fundinginstitutions, customers)Optimizing internal funding acrossdifferent countriesReinvesting cash reservesin the business40%22%18%* 38%19%23%*32%14% 13%* 28%15%12%*CEOs Have Higher Expectations for ImprovementsThan Finance Executives in Some Key AreasCEO-level executivesin the survey are muchmore likely than financeexecutives to see theneed for significantimprovement in treasuryactivities linked togrowth operations.*Excerpted from Ascent to Power: Corporate Treasury’s New Role in the Business
    • E-Book: Corporate Treasury’s New Role: Strategic Business Advisor5 NO. 18©2013 SAP AG or an SAP affiliate company.All rights reserved.Treasury Departments Will Be Looking forBanking Partners That Can Help Them MeetIncreased Demands from the BusinessNote: percentages may not add up to 100 due to rounding.Source: SAP/CFO Research Global Survey of Corporate, Finance, and Treasury Executives, 2013Over the next two years, isyour company likely to seeknew banking partners?29%Yes50%WillConsider17%No5%Don’t KnowExcerpted from Ascent to Power: Corporate Treasury’s New Role in the Business
    • E-Book: Corporate Treasury’s New Role: Strategic Business Advisor6 NO. 18©2013 SAP AG or an SAP affiliate company.All rights reserved.Source: Q&A: Treasurers Want Cloud, But Do Banks?Companies Will Seek a More ConsultativeRelationship with Their Current and FutureBanking PartnersIs your company likely to scrutinize currentor prospective financial services providesmore thoroughly over the next two years? 44%Yes47%WillConsider5%Don’t Know7%NoNote: percentages may not add up to 100 due to rounding.Source: SAP/CFO Research Global Survey of Corporate, Finance, and Treasury Executives, 2013WE HAD A NUMBER OF EXECUTIVES SAY THEYWOULD LIKE TO BE ABLE TO PARTNER WITH THEIRBANKSINAMORECONSULTATIVEWAY.”“David Owens, Director of Research, CFO Research
    • E-Book: Corporate Treasury’s New Role: Strategic Business Advisor7 NO. 18©2013 SAP AG or an SAP affiliate company.All rights reserved.Which of the following statements do you believe best reflects your company’s positionon using cloud computing technology to automate its banking relationships?Note: percentage of respondents may not add up to 100 due to rounding.Source: SAP/CFO Research Global Survey of Corporate, Finance, and Treasury Executives, 2013My company is likely to bean early adopter of cloudcomputing for bankingrelationships.My company is likely to bea fast follower in adoptingcloud computing for bankingrelationships.My company is likely toadopt cloud computing forbanking relationships whenmost of its peers do so.My company is likely toadopt cloud computing forbanking relationships aftermost of its peers.My company is not likely toadopt cloud computing.One of the Ways Banks Can Start to Build a MoreConsultative Relationship Is by Offering Cloud-BasedAnalytical Services9%19%38%27%8%40302010Excerpted from Ascent to Power: Corporate Treasury’s New Role in the Business
    • E-Book: Corporate Treasury’s New Role: Strategic Business Advisor8 NO. 18©2013 SAP AG or an SAP affiliate company.All rights reserved.There’s MoreThe SAP Center for Business Insight is an organization that discovers and develops newresearch-­based thinking to address the challenges of business and technology executives.TO GET THE FULL ANALYSIS OF THE SAP/CFO RESEARCHSURVEY—AND FIND OUT HOW TREASURY AND BANKS SHOULDRESPOND TO THE FINDINGS—READ ASCENT TO POWER:CORPORATE TREASURY’S NEW ROLE IN THE BUSINESS.
    • © 2013 SAPAG or an SAP affiliate company.All rights reserved.No part of this publication may be reproduced or transmitted in any form orfor any purpose without the express permission of SAP AG. The informationcontained herein may be changed without prior notice.Some software products marketed by SAP AG and its distributors containproprietary software components of other software vendors. Nationalproduct specifications may vary.These materials are provided by SAP AG and its affiliated companies (“SAPGroup”) for informational purposes only, without representation or warrantyof any kind, and SAP Group shall not be liable for errors or omissions withrespect to the materials. The only warranties for SAP Group products andservices are those that are set forth in the express warranty statementsaccompanying such products and services, if any. Nothing herein should beconstrued as constituting an additional warranty.SAP and other SAP products and services mentioned herein as well as theirrespective logos are trademarks or registered trademarks of SAP AG inGermany and other countries.Please seehttp://www.sap.com/corporate-en/legal/copyright/index.epx#trademarkfor additional trademark information and notices.SAP Center for Business Insight |Brief |Q&A |Case Study |Inquiry |E-BookNO. 18