{ "docId": "019dd923-5ca1-7489-b636-693fc862ded4", "docSlug": "47fa325d5d76b174", "documentTitle": "Deloitte Global Treasury Survey", "authorId": "Deloitte", "authorName": "Deloitte", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "strategy_consulting", "sourceTypeLabel": "Strategy consulting", "presentationDate": null, "orientation": "landscape", "aspectRatio": 1.778, "pageNumber": 3, "pageCount": 22, "prevPage": 2, "nextPage": 4, "slideType": "executive_summary", "function": "summarize", "density": "dense", "nDataPoints": 0, "notes": "The slide contains two columns of text summarizing survey results, with a small illustration of money bags at the bottom right.", "elementsJson": [ "paragraph" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-5ca1-7489-b636-693fc862ded4/3", "deckHref": "/decks/019dd923-5ca1-7489-b636-693fc862ded4", "deckJsonHref": "/decks/019dd923-5ca1-7489-b636-693fc862ded4.json", "deckAnchorHref": "/decks/019dd923-5ca1-7489-b636-693fc862ded4#slide-3", "components": [ { "bbox": { "h": 0.02, "w": 0.25, "x": 0.07, "y": 0.95 }, "kind": "disclaimer", "text": "Copyright © 2022 Deloitte Development LLC. All rights reserved.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5e37bde8-0af8-4c45-a688-d98b49c83e26", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.15, "x": 0.79, "y": 0.75 }, "kind": "image", "text": null, "attrs": null, "subkind": "illustration", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4c7ed40e-c9f5-402b-9488-067ee4c96276", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.55, "w": 0.42, "x": 0.51, "y": 0.19 }, "kind": "paragraph", "text": "When asking about trends and regulations, more than half of our respondents shared that IBOR transition; Environmental, Social, and Governance; FX regulations; and the emerging trends of API (application programming interface) are top of mind. When it comes to enabling solutions for the treasury priorities discussed above, treasury is front and center. Respondents share how they are using technologies today. Most or our respondents use treasury management technologies. The adoption of treasury management technologies in the cloud has increased since we conducted our survey last in 2019. Respondents also share how they have increased the adoption of APIs, automation and visualization technologies to complement treasury management systems (compared to our last survey in 2019). The conclusion we draw from the survey is that organizations are quickly taking actions to address liquidity management, financial risk, business continuity and operating model priorities, many of which are learnings from what organizations experienced during the pandemic. Getting ahead of regulatory drivers, especially IBOR and ESG are top of mind and many are looking to technology (treasury management systems (TMS), APIs, automation and visualization technologies) to help enable these key priorities, many of which organizations are looking to address over the next year.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "82b92ef0-0e93-4188-909a-80af51c697ac", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.12, "x": 0.81, "y": 0.95 }, "kind": "paragraph", "text": "Deloitte Global Treasury Survey 3", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "85371152-86f8-42bb-b4a6-8a0a1fdddd44", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.68, "w": 0.42, "x": 0.07, "y": 0.19 }, "kind": "paragraph", "text": "Almost unanimously, most of our respondents have selected liquidity risk management and being a steward for financial risk management as critical mandates. Mandates working capital optimization and enhancing governance and control over global treasury operations has gained more focus by treasury groups since the last time we conducted the survey in 2019. Within the next 12 months, most surveyed organizations are planning to take actions to enhance liquidity management, improve cash forecasting activities, improve capital structure, address market risk, and increase operational efficiency to better deliver on mandates and address common challenges that include visibility into global operations, limited digital/treasury systems capabilities, liquidity, and FX volatility. Learning from the experience of navigating the pandemic over the past few years, the survey further revealed that many organizations are looking to take control of their own destiny and increase their readiness for a “next event” by addressing any gaps related to business continuity planning, strengthen FX risk management, and fraud risk management capabilities. The operating model was another big area of focus for our respondents. Many organizations shared that they are looking to right-size their organizations along with evolving their capabilities by adding new skills they believe are required in the future treasury organization. In terms of right-sizing, there was a general trend where larger organizations were looking to streamline its function whereas the smaller to midsize organization was looking to increase the capacity of their teams. Consistent across all company sizes was an increased focus of combining technical treasury experience with data/modelling, digital as well as soft skills. A few of our respondents expressed that they believe that the treasurer of tomorrow will not only need to possess treasury domain expertise, but leadership, risk management, and technology skills to better navigate strategic treasury priorities of tomorrow.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "91268f99-3a30-4c9f-a58c-9f2ffdfd5a55", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.18, "x": 0.07, "y": 0.06 }, "kind": "title", "text": "Executive summary", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "556b807e-e36d-45b7-ad32-fd3784012f96", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Executive summary", "slug": "executive-summary", "agent": null, "layer": "slide", "matchId": "62ebccde-9102-4f76-a28a-9069a124b2ca", "evidence": "This slide is an executive summary, as indicated by its type and content.", "confidence": 0.9 } ], "frameworks": [], "arcBeats": [ { "to": 3, "from": 1, "beatId": "396deff7-a3cb-4479-931f-97e6b69fa04e", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Situation & Context", "beatSlug": "consultants-gambit-situation-context", "evidence": "The document starts with an introductory message and executive summary, providing context for the survey.", "position": 0, "confidence": 0.8, "parentBeatName": "Setup", "parentBeatSlug": "setup" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }