Treasurers and chief financial officers may both have their sights set on corporate coffers, but their roles are not one and the same. Still, collaboration is increasingly important between the treasurer and CFO, as each position enters a more strategic stage within the enterprise.
A new report from treasury management technology firm Kyriba and CFO Research Services offered CFOs a chance to lay out their wish lists for their treasurer peers, with chief financial officers pushing the treasury function to embrace a more prominent role. According to CFO Publishing’s Director of Research and Custom Content Christopher Schmidt, the results are surprising, and may act as a wake-up call to treasurers who believe they’re already pushing for progress.
“The results are surprising because treasurers typically set very high standards for themselves and the treasury function,” he stated….