The financial crisis and the recession that followed put considerable strain on U.S. businesses and elevated the strategic role of corporate treasuries.

The sluggish economy continues to underscore the strategic nature of treasury activities. Although the economy seems to be slowly picking up steam, cash and cash-flow forecasting remain critical concerns, according to the senior finance executives who responded to Treasury & Risk's 2012 Strategic Treasury Survey.

Once again this year, the vast majority of respondents attested to the strategic nature of their job.

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Susan Kelly

Susan Kelly is a business journalist who has written for Treasury & Risk, FierceCFO, Global Finance, Financial Week, Bridge News and The Bond Buyer.

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