Editor's Note: In 2018, Kyriba was named among the Fintech 250, a list of the fastest growing and most influential financial technology companies in the world, for the second year in a row. The company website explains that they use a data-driven approach to identify the top 250 - a list that investors and analysts should be following.
As we turn the corner on 2018, most CFOs will be focused on the simultaneous tasks of helping their chief executives to exploit the opportunities that come with a booming economy, while also buffering their organizations from the risk of potential economic deceleration, increased FX and interest rate volatility, and an ever growing regulatory and compliance burden. As a result, CFOs will inevitably expect their treasury functions to provide practical and strategic advice to help with all of these elements.
In the final month of 2018, as news of market volatility, losses from fraud, and pressure for accelerated profits from shareholders continues to challenge treasury professionals, it is tempting to look forward at what treasury trends and innovations we can expect to improve outcomes in 2019. The demand for digital transformation is driving new strategic opportunities and tactical challenges for treasury. While there are many possibilities to consider, I predict the following for 2019: