In this WEBchat, Bruce Lynn, Managing Partner at The FECG - a financial and treasury consulting firm based in the US, examines the traditional model of corporate treasury, presents his new model and then the seven metrics he believes really measure the success of the corporate treasury department. He finishes with his recommendations on how corporate treasury departments should be remunerated.
- The traditional treasury
- Model for the modern treasury function
- Treasury metrics – a starter kit.
- Key timing points
- 0:49 The traditional treasury
- 2:36 Model for the modern treasury function
- 5:26 Treasury Metrics – A Starter Kit
- 13:54 Closing remarks
CTMfile take: Lynn really challenges the traditional view of the corporate treasury department and the range of functions that the TMS should be covering. While his views on corporate treasury department remuneration are revolutionary.
What does corporate treasury department really do?
Four key areas where corporate treasurer needs to excel
Solve 60%+ of corporate treasury department queries automatically
New ‘answering systems’ now solve queries not just record the question and free up department for strategic work
Do we still need traditional financial metrics?
How is the role of traditional metrics changing with new technologies and are financial metrics used today still relevant?