2024 Treasury Management Trends: A Comprehensive Guide to Thriving in Uncertainty
It’s hardly groundbreaking to say that 2024 has truly kept treasury and finance teams on their toes. There has been a constant stream of high-risk events, and it’s tested the mettle of even the most experienced operators. Rising interest rates, geopolitical conflicts, and supply chain issues require businesses to be more proactive with their finances, particularly regarding liquidity management.
However, there’s good news too. Treasurers now have access to advanced technology like cloud applications, open banking APIs, and AI to predict financial needs and adapt to changing circumstances. Don’t just weather the storm – thrive in it. This guide explores these trends to help businesses optimize cash flow, mitigate risks, and find new opportunities for growth.