Cash, treasury and the modern CFO

Linley Scorgie
May 22
1 min read

Updated: May 23

No escaping-Cash, treasury and the modern CFO

It's been said that many CFO's don't want to touch treasury with a barge pole, too much risk and no reward".

The sad news is that Cash Management is a key part of the role and Treasury is also very much about cash management and optimization.

According to a survey of leading companies by PWC, cash and liquidity consistently appears as the no 2 priority for CFO's and no 1 for Treasurers. So whichever we look, cash, treasury and the modern CFO is intrinsically connected

Apart from the other cash related activities, every business should also:

Maximise interest on cash
Hedge foreign exchange risk
Formalise processes ahead of an audit
Bring structure to cash reporting and cash burn measurement
Take control of spending and give visibility to the business
Anticipate regulatory challenges when dealing with client money and have systems and processes in place
Implement simple cash flow forecasting