UK Treasury survey 2010

UK Treasury survey 2010 Adobe PDF Format

The financial crisis has put treasurers in the hot seat as they strive to sustain liquidity in the face of unprecedented funding constraints and safeguard the business against heightened credit, counterparty, commodity and foreign exchange (FX) risks. While credit conditions are now gradually easing, the lessons learned from this period of upheaval will be critical in enabling companies to emerge from the crisis more secure, agile and competitive.

At the beginning of 2010, a team from PricewaterhouseCoopers carried out a survey of more than 40 treasury teams from UK-based companies as part of a wider global study covering over 600 respondents. The questions examined the challenges faced during the crisis; how they responded and how the experience will shape their future priorities.

More than 80% of participants believe that their key role in managing the impact of the crisis has given treasurers virtually unprecedented boardroom attention. More than 70% believe the crisis has highlighted the value they add to the business. This growing recognition opens up a not to be missed opportunity to raise treasurers’ status and influence within the business. However, this window of opportunity is likely to be brief.