Treasury provides a vital link between the business and the external financial world.
Internally, treasury professionals must stay connected to the business by being proactive in engaging with the business and understanding how the organisation works at an operational level.
Treasury will influence strategic business decisions with the Board and heads of departments.
Treasury also needs to understand how each division is spending its cash and when, so it can advise on risks / opportunities and plan accurate forecasts. This applies to all areas of the business.
Externally (in the financial world), the treasury professional is the main point of contact for banks, investment analysts, lawyers and regulators.
