Study Finds Treasurer Role Misunderstood by 53% of C-Suite Peers

Treasurers should be on the front lines of keeping their company financially healthy. But how many are in an organization that allows for that?

PYMNTS Intelligence finds that many companies fall short of empowering their treasurers to have maximum impact. In fact, more than 8 in 10 treasurers say that at least one department in their company would benefit from closer collaboration with them.

Why does this matter? In short, companies with treasurers who have greater influence and integration into business operations reap many benefits. They have more predictable cash flows, expect revenue increases and are agile in responding to market conditions.

These are some of the findings explored in “Why Treasurers’ Influence Matters,” a PYMNTS Intelligence and Citi collaboration. This report explores the relationship between the level of influence a treasurer has and their company’s business outcomes. It draws on a survey of 500 executives, including treasurers and non-treasurers, conducted from April 9 to May 28.

Inside “Why Treasurers’ Influence Matters”:

• The relationship between a treasurer’s influence and revenue outlooks and cash flows
• How influential treasurers lead to adaptable responses to changing market conditions
• Non-treasurer executives’ perceptions of the revenue estimates based on their treasurer’s influence
• The share of treasurers and non-treasurers calling for greater interdepartmental collaboration
• What benefits treasurers expect from greater cross-department collaboration
• Insights into non-treasury executives’ misperceptions of the treasurer’s role compared to the CFO’s
• Barriers treasury and non-treasury executives cite that limit collaboration

Collaboration can empower treasurers to have maximum impact on their organizations. Download the report to learn more about what integrating treasurers can do for your organization.