While companies continue to grapple with an uncertain global environment, senior financial executives responding to Treasury & Risk's Strategic Treasury Survey, sponsored by SunTrust for the sixth year, report that treasury continues to grow in stature: 87% say their roles have become more strategic this year over last, compared to 77% in 2010. Executives cite treasury's forward-looking nature as the most significant factor in its increasing growing strategic role. Meanwhile, more companies plan to increase capital spending (48% compared to 40% in 2010), according to the survey, while fewer plan to look for acquisitions, (33% compared to 47% last year). Just 40% say they're not hiring, down from 47% in 2010, and only 25% say they're cutting staff, down from 34% last year. Liquidity management seems to be drawing less concern, with 38% citing it as the area in which they can gain the most efficiencies in the coming year, down from 53% last year.
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