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The value of discovery
Read time : 10 mins Added: 30/09/2024
Whitepaper: At a glance
Tim Pyecroft, Head of Sales, Global Transaction Solutions, Lloyds Bank and Matt Burns, Managing Director, Global Transaction Solutions, Lloyds Bank discuss the evolving role of the corporate treasurer and how best to leverage bank expertise.
Global geopolitical and economic events over the past 15 years have had some surprising implications for businesses, creating new opportunities as firms need to be more agile in responding to significant and rapid changes.
This new world has driven the role of the treasurer to evolve markedly. This is due to the renewed expectation that treasury and finance teams adopt an even more strategic and commercial outlook in managing cash flow and working capital, being a centre of excellence around payments technology, and using data insights that power and shape the business.
With their broader remit and perspective, expectations of treasurers as drivers of value-adding initiatives have also increased in tandem. While they have a broader range of tools at their disposal – both technological and financial – they are being tasked with doing more with less.
Ultimately, treasurers can always benefit from an external perspective and, importantly, practical help. As an operational bank, we work alongside our clients to help them discover areas for enhancement rather than focusing on specific products.
A discovery-style session is a practical way to help identify opportunities to augment and enhance the business. In this session, we not only bring together industry themes and best practices, but also spend time understanding the nuances of your treasury function and broader commercial business.
Based on our experience working across an extensive range of sectors and industries, we find this conversational approach is an optimal way to source tried-and-tested, sector-relevant solutions to assist treasurers with operational and commercial optimisation.
Corporate Solutions
Strategic banking services for corporate and institutional clients.