Insights from a market survey Tietoevry conducted in co-operation with The Global Treasurer, gathering responses from 150 corporate treasurers and financial directors globally.
Findings from the market survey The Global Treasurer and Tietoevry carried out in 2021 can serve as a guide for banks in shaping uniquely differentiated and valuable corporate cash management services.
Have corporates remained loyal to their cash management banks during the pandemic? Which companies have been more active in increasing or decreasing the number of bank relationships?
What are the main reasons for corporates to adopt a multi-bank strategy when catering for their cash management needs?
What would motivate companies to change their banking relationships for cash management services?
What are the major challenges for corporates when working with the banks that provide cash and liquidity management services?
Do companies have real-time visibility of their cash, what cash pooling mechanisms do they use and is in-house bank a popular solution?
What is the demand for virtual account management (VAM)?
Would corporates be ready to centralise their cash management to a single bank?
Read the related whitepaper "The future of corporate cash management" that includes full report of the survey results, including comments from leading global banks.