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Transformation in Treasury Technology Projects

As the role of treasurer becomes higher-profile, the technology infrastructure supporting treasury becomes more closely aligned with the functions true needs.

By Treasury & Risk Staff | Updated on May 19, 2015
Earlier this year, Treasury & Risk reported on the findings of a Deloitte survey which revealed that corporate treasurers are playing an increasingly strategic role in their organizations.

The same survey also provided some interesting insights into the current state of companies’ treasury systems infrastructure. So we sat down with Niklas Bergentoft, a Deloitte director who heads up Deloitte’s treasury technology practice, and Kesavan Thuppil, a Deloitte director who heads up the firm’s SAP treasury practice, to discuss.

Survey respondents were treasury professionals in more than 100 of the world’s top companies. Forty-seven percent came from the United States; 45 percent from Europe, the Middle East, or Africa (EMEA); 4 percent from Latin America; and 4 percent from the Asia-Pacific (APAC) region. Forty-five percent work in companies with more than US$10 billion in annual revenue, while 55 percent work in companies with less than $10 billion in revenue.

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