A webinar today by the consulting firm supports treasurers’ arguments for retooling their departments.
With the global economy apparently on the road to recovery, many treasurers see this as a good time to retool their departments. Picking up on this, consultants from Treasury Strategies laid out a quick outline to guide treasurers. Though the crisis may be over, the outlook for rates and currency movements will not allow treasurers to drop anchor in calm waters to make repairs. Nor will stretched staffs have the luxury of waiting for needed change. Fortunately, the call for urgent action is likely to be heard by senior management, which is much more likely to see investment in new treasury resources as insurance rather than sunk cost.