The final report dedicated to digital transformation in treasury department, conducted jointly by the French Association of Corporate Treasurers (AFTE) and Redbridge, is now available.
It presents relevant data on the profiles, resources, and projects of 107 finance-treasury departments of French companies, with a particular focus on the role of digital transformation in treasury via technology within each organization.
In 2024, the digitalization of treasury functions is revolving around major projects such as electronic invoicing, the migration of payments to the ISO 20022 standard, the increased use of APIs and the integration of artificial intelligence into treasury applications.
Embracing this digital revolution requires companies to make some important strategic choices. How are finance and treasury departments approaching all the changes?
To give finance managers an idea of what’s going on in other companies, during the summer of 2023 the French Association of Corporate Treasurers (AFTE) and Redbridge conducted a survey of companies’ treasury organizations. Ten years after our first such survey, this time 107 companies responded to an online questionnaire that focused on the resources they allocate to their treasury department’s main responsibilities.
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Get our new report dedicated to digital transormatio in treasury right away – it’s your go-to guide and practical tool for planning your journey to digital treasury.