PARIS, Oct. 16, 2017 (GLOBE NEWSWIRE) -- BNP Paribas, the European Association of Corporate Treasurers
(EACT), PwC and SAP have launched the second edition of ‘Journeys to Treasury’ (JTT), a collection of hands-on conversations about
treasury today and tomorrow made with and for treasurers.
The second edition of Journeys to Treasury aims to identify the truly transformative and potentially
disruptive changes in the world of treasury. It builds upon a series of surveys, interviews, panel discussions and interactive
sessions which took place throughout 2017 to identify the most pressing topics in the world of corporate treasury. The 2017 edition
of the report presents pertinent corporate case studies that illustrate how treasurers are addressing these topics.
The three key themes of JTT 2017 are data analytics, compliance and regulation, and cybersecurity. In line with
the philosophy of the report, these topics have been developed with the joint perspectives of the bank, the industry association,
the consultant and the software vendor.
On data analytics, the report finds that since treasury-related data is already centrally
organised, data analytics can be used by treasurers for smarter decision-making. JTT 2017 also demonstrates the use of artificial
intelligence as a performance booster, and shows how a global leader in the flavours industry used robotics and AI to its
advantage.
In the second section, JTT examines why compliance and regulation continue to dominate the
treasurer’s agenda with a roadmap that appears to be endless. It addresses the challenges that treasurers face in assessing the
impact of constantly changing rules, to which recent geopolitical changes have added their own layer of complexity. The case study
in this section demonstrates how treasurers can benefit by working hand-in-hand with tax experts and by focusing on
transparency.
Finally, in the third section, the report puts cybersecurity and fraud under the microscope. In
an increasingly digital world with fraudsters becoming more agile every day, treasurers have no choice but to be proactive. Yet
even the best-designed cybersecurity policy offers no guarantees of total protection of corporate data. The report analyses how,
after being a victim of social engineering fraud, a leading agro-industrial group both adapted its internal culture and updated its
agreements with its financial partners.
The first edition of Journeys To Treasury made a lasting impression on the corporate treasury community, with as
many as 1,387 downloads across the world and more than 24,000 visits to the report’s website within the first three months of its
launch.
Journeys to Treasury 2017 has been launched at EuroFinance Barcelona and is available for download at
www.journeystotreasury.com.
ABOUT US
BNP Paribas
About BNP Paribas Cash Management
BNP Paribas provides cash management services to more than 40,000 corporate clients around the world. Through its local presence on
all continents, BNP Paribas is able to accompany corporates across the world. A community of 2,500 experienced and committed Cash
Management professionals operates across BNP Paribas’ international network in 208 business centres in 55 countries, covering more
than 130 currencies. BNP Paribas has been designated No. 1 Trade Finance Bank and No. 1 Cash Management Bank in the European large
corporate sector, in the latest Greenwich Associates research. www.cashmanagement.bnpparibas.com
EACT
The EACT (European Association of Corporate Treasurers) is a grouping of national associations representing treasury and finance
professionals in 20 countries in Europe, bringing together around 13,000 members representing 6,500 groups/companies. The
association submits comments to the European authorities, national governments, regulators and standard-setters on issues faced by
treasury and finance professionals across Europe. The EACT seeks to support the profession of treasury, corporate finance and risk
management, promoting the value of treasury skills through best practice and education. www.eact.eu
PwC
At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 157 countries with more
than 223,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what
matters to you by visiting us at www.pwc.be. PwC refers to the PwC
network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.
SAP
As the market leader in enterprise application software, SAP is at the centre of today’s business and technology revolution. SAP
has a comprehensive suite of solutions for treasury management which helps businesses gain greater insight and control over complex
processes for managing cash, liquidity, and risk, while integrating financial reporting within SAP software. By simplifying working
capital, risk management, and compliance, treasury managers can gain complete transparency into and control over interrelated
activities, and automate critical processes. SAP innovations help 320,000 customers worldwide to work together more efficiently and
use business insight more effectively. For more information, visit www.sap.com and www.sap.com/treasury
For further information, please contact:
BNP Paribas
Carole Djen-Ullmo
Global Head of Communication and Marketing
BNP Paribas Cash Management
Tel: +32 2 312 52 19
Mob: +32 471 59 07 12
Email: carole.djen-ullmo@bnpparibasfortis.com
EACT
Richard Cordero
Chief Operating Officer
Mob: +33 6 72 49 23 20
Email: richard.cordero@eact.eu
SAP:
Uwe Erdtmann
Director, Global Product Marketing Finance
Mob: +49 151 16809955
Email: uwe.erdtmann@sap.com
PWC:
Marco Van Harten
Partner, PwC Belgium
Mob: +32 2 7104172
Email: marco.vanharten@be.pwc.com
