Good morning. Many treasury professionals are still managing cash, liquidity, and financial risks without a technology upgrade.
TD Bank recently surveyed 246 treasury professionals at the Association for Financial Professionals’ 2025 conference in Boston and found that 80% still rely on manual or fragmented systems, which rank at the top of their list of biggest challenges, along with macroeconomic uncertainty and market volatility.
Three-fourths said digital cash flow visibility and liquidity management solutions have revolutionized their growth strategies, but adoption remains low, according to the findings. Reasons include teams’ loyalty to manual processes and the continued difficulty of securing funding for growth. The survey also showed that organizations that invest in treasury capabilities have the greatest impact on managing cash flow in real time.
The treasury function is continuing to evolve. It will be defined not only by operational control but also by its ability to shape financial strategy and proactively guide the company through uncertainty, according to PwC. Treasurers who build digital capabilities, sophisticated risk management, and cross-functional collaboration into their operating model will lead this evolution and become true strategic value creators, the research finds.
