Today’s treasurer faces a turbulent reality, they must drive cost containment, become a catalyst for digital transformation and adopt new talent models. In this session we will discuss the impact and opportunities those realities create for treasury departments and explore how treasury can evolve to drive value to the enterprise.

1. Evolving treasury in the digital age
Deloitte Risk and Financial Advisory
March 2019

2. Evolving treasur y in the digital age
Today’s treasurer faces a turbulent reality. They must drive cost containment,
become a catalyst for digital transformation and adopt new talent models. In this
session we will discuss the impact and opportunities those realities create for
treasury departments and explore how treasury can evolve to drive value to the
enterprise.

4. Copyright © 2019 Deloitte Development LLC. All rights reserved. 4
Niklas Bergentoft Matthew Hollander

5. Copyright © 2019 Deloitte Development LLC. All rights reserved. 5
Let’s level set…
1. https://www.cnbc.com/2017/01/17/6-billion-smartphones-will-be-in-circulation-in-2020-ihs-report.html
2. https://www-01.ibm.com/software/data/bigdata/what-is-big-data.html
3. Annual Global Millennial Study, https://www2.Deloitte.com/uk/en/pages/about-Deloitte-uk/articles/millennial-survey.html
4. https://www.newscientist.com/article/mg23130810-800-the-100year-life-how-should-we-fund-our-lengthening-lives/
5. https://www2.deloitte.com/content/dam/Deloitte/il/Documents/human-capital/Thriving_in_times_of_digita_disruption.pdf
6. http://www.oxfordmartin.ox.ac.uk/downloads/reports/Citi_GPS_Technology_Work_2.pdf
7. Intuit 2020 Report: Twenty Trends that will Shape the next Decade https://http-
download.intuit.com/http.intuit/CMO/intuit/futureofsmallbusiness/intuit_2020_report.pdf
8. https://www2.deloitte.com/content/dam/Deloitte/global/Documents/HumanCapital/dttl-hc-english-opentalenteconomy.pdf
9. https://www.information-age.com/65-c-suite-execs-believe-four-ten-fortune-500-firms-wont-exist-10-years-123464546/
AI, Cognitive Computing,
Robotics
$500,000 in 2008
$22,000 today5
Technology is everywhere
6.0 billion+
smartphones in the world by 20201
Tsunami of data
9x more in last 2 years2
Major enabler of machine learning
Jobs vulnerable to automation
35% UK
47% US
77% China6
Diversity and generational change
Millennials 50%3
25% global pop in Africa by 2050 5
Longevity Dividend– 50 year careers4
Explosion in contingent work
US Contingent workers 40% by 20207
Change in nature of a career
2.5 – 5 years: Half-life of skills
4.5 years: Average tenure in a job8
40% of Fortune 500 will be wiped out in
the next 10 years 9
Digital Disruption
Evolving treasury in the digital age – Deloitte Risk and Financial Advisory

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The significance of digital…
• Digital technologies, Big Data,
and analytics are changing the
landscape of business at an
incredible pace
• A revolution that has and
continues to enable new business
models
• Opportunities “in the business”
are re-defining work and the
talent required to respond to the
increased digitization of
businesses
Evolving treasury in the digital age – Deloitte Risk and Financial Advisory

7. Copyright © 2019 Deloitte Development LLC. All rights reserved. 7
On the path to “Business 4.0”…
The Economist CFOs, Fortune 500
Predict and
simulate.
Because we need
better transparency
and visibility into the
performance of our
business models,
we’ve invested a lot
in solutions that allow
us to predict and
simulate our business
performance across
the different
constituents of our
business—and do it in
real-time, interactive
format.
We have to be much more
nimble in how we serve our
businesses. We’ve seen changes in
business models, changes in
revenue recognition, and changes in
control environments that the
finance team has had to not only
keep up with, but hopefully has
been a step ahead of where we’re
going.
A fast-running business is like a
fast-running car.
The primary objective of finance is to
help management make decisions
based on our understanding of how
the future might look. That includes
helping to accelerate the decision-
making process. A fast-running
business is like a fast-running car.
You can’t brake too late, and you
can’t brake too early.
Evolving treasury in the digital age – Deloitte Risk and Financial Advisory

8. Copyright © 2019 Deloitte Development LLC. All rights reserved. 8
Talent disruption is real…
• A new talent economy with an
alternative workforce is here to
stay
• Sourcing and embedding digital
talent within treasury is critical to
meet digital expectations from
the organization, employees and
the street
• Navigating the talent crunch
starts with leadership
SOURCE
FOCUS
WINNING
TEAM
Crowd
Sourcing
Managed
Services
Freelancers
Tech
savvy
Relevance
ofskills
Address
Tenure
Cost
efficient
Re-think
Work
Globalvs.LocalInternal
gigs
Employees
Asst. Treasurer
Financial Risk
Treasury
Operations
Capital Markets
Treasurer
Benefits &
Pension
Insurance
Investor
Relations
Core Treasury
Non-Core Treasury
Global Banking
Treasury
Accounting
Controller
Today*
Next 5 years*
70% 5% 15% 10%
95%
Automated
50%
Automated
50%
Automated
25%
Automated
90%
DTP
25%
DTP
50%
DTP
50%
DTP
*Estimates are representative samples of workforce distribution found in Deloitte client projects
and projected impact of digitization
Evolving treasury in the digital age – Deloitte Risk and Financial Advisory

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Oppor tunities in treasury
Digital
• Drive financial performance
through treasury efficiency and
effectiveness
• Three of seven digital disruptors
primarily drive the value proposition
in treasury
• Cloud
• Advanced analytics
• Automation
Evolving treasury in the digital age – Deloitte Risk and Financial Advisory

10. Copyright © 2019 Deloitte Development LLC. All rights reserved. 10
Oppor tunities in treasury
Talent
• Driving digital leadership
• Transformative leadership
• Digital awareness
• Business insight
• Acquire new talent – blend business
knowledge with tech savvy
professionals
• Treasury talent in the digital age is
tilting more towards data and
technology
• Delivering on the expectation of a
digital workplace
Evolving treasury in the digital age – Deloitte Risk and Financial Advisory

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Digital evangelists are solving business problems
• Early adopters of digital in
treasury have solved for the talent
crunch and pioneered solutions
that augment its digital core
(treasury management systems)
• Benefits delivered across four
domains are allowing these
organizations to re-think work and
the role treasury fills within the
enterprise
Technology
and Digital
Treasury
Operations
Cost
Containment
and Financial
Performance
Capital
Structure
1
3 2
4
Four domains of benefits
Evolving treasury in the digital age – Deloitte Risk and Financial Advisory

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Where to star t or accelerate your path for ward
Immerse Yourself in Innovation Prove it Works (Quickly)
Build Your Ecosystem
THINK BIG
Scaling the Edges
START SMALL ACT FAST
ESTABLISH A DIGITAL LEADERSHIP TEAM
Pick One or Two Plays Market Your Own Success
Evolving treasury in the digital age – Deloitte Risk and Financial Advisory

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Want to discuss more?
Niklas Bergentoft
nbergentoft@deloitte.com
347-371-1604
Matthew Hollander
mhollander@deloitte.com
917-284-1101
Evolving treasury in the digital age – Deloitte Risk and Financial Advisory

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Copyright © 2019 Deloitte Development LLC. All rights reserved.