When teams can step back from the onslaught of day-to-day responsibilities and come together to reflect, brainstorm, and problem-solve as a group, they emerge refocused, excited, and in sync with one another.
Responses to the 2022 AFP Liquidity Survey reflect treasurers battening down the hatches as they prepare for an extended period of unpredictability and likely volatility.
In general, a compliance culture will help you avoid costly pitfalls like having to rebuild a product or service offering due to legal issues or negative publicity; it will also lower the risk of lost trust and lawsuits, which can be game-ending.
As interest rates rise, treasury teams should re-evaluate cash forecasting models to be sure they fully understand the risk associated with a pursuit of higher returns.
