What is treasury management?

Treasury is a broad term that involves the management of money and financial risks in a business. Treasury management involves functions such as cash forecasting, cash visibility, working capital management and such.

Treasury management is essential to building a strong culture of timely cash visibility, while also managing liquidity and risks associated with foreign currency exposures, working capital and such. The goal of treasury management is to maximize financial liquidity, reduce risk, and generate value. Briefly put, treasury management ensures a company always has enough cash to run its operations and any extra cash is invested wisely.