Treasury Priorities Reshape Business Growth For 2024 And Beyond

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SAP is the world’s leading provider of business software – enterprise resource planning, business intelligence, and related applications and services that help companies of all sizes and in more than 25 industries run better. By extending the availability of software across on-premise installations, on-demand deployments and mobile devices, SAP enables people at the office or in the field to work more efficiently and use business insight more effectively. We believe that the power of our people, products and our partners creates significant new value and unleashes sustainable growth – for our customers, SAP, and ultimately, entire industries and the economy at large.

Corporate treasurers may traditionally focus on short-term financial and monetary tools, such as cash flow, liquidity, funding, and banking relationships. But they also hold the keys to even more strategic insights that could optimize fiscal returns, mitigate macroeconomic risks early, and contribute to long-term financial performance.

For example, forecasts still need to be extended beyond foreign exchange rates to provide more comprehensive scenario analyses. Considerations include macroeconomic indicators, geopolitical dynamics, and weather conditions that significantly impact business operations.Instead of focusing on emerging trends, such as cryptocurrencies and AI, treasurers prefer more fundamental approaches to achieve primary goals including risk management, control, and enhanced visibility.

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