- Words: 1655
- Length: 5 Pages
- Topic: Business - Management
- Paper #: 86419760
The treasury works with the IT department to develop means of transmitting information to the managers with regards to risk management strategy and the firm's financial position. Thus, the way the treasury prepares and disseminates information can also contribute to better strategic decisions and cost reductions throughout the organization.
While the treasury is a supporting component of the organization, it is one that can add a significant amount of value.