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KPMG research from 2016 indicated that 63% of treasurers utilize a set of KPIs to gauge the effectiveness of their various treasury activities.
Although treasurers frequently use different KPIs to evaluate the treasury's performance, a different evaluating approach is preferred. It's critical to ensure that the metrics considered are most pertinent to the business and its strategic objective because not all metrics will apply to every treasury. Similarly, treasurers may need to assess the measures employed from time to time to ensure that they still accurately reflect the changing business strategy.
Watch this tutorial by our treasury expert Bruce Lynn, as he walks you through the strategic goals of treasury and how to achieve them. He will also walk you through You will also learn the benefits when the treasury achieves its goal.
Key Takeaways:
- The strategic goals of the company
- Why do these goals matter to the company
- How treasury can define goals for itself
- Who else will benefit when the treasury is successful.
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