The DACT Treasury Barometer is an independent survey for and by corporate treasurers. It is developed by the Dutch Association of Corporate Treasurers (DACT), Rabobank, and Projective Group’s Enigma Consulting. The 2023 report contains the key results of the 2023 survey and the latest developments. It gives a representative insight into the key items found on treasurers’ agendas. As the Editor Panel 2023, we are grateful for the invaluable contribution of the respondents and would like to thank them for their work.
The 2023 themes are Technology and Applications, Technology and Innovation, Governance, and Uncertainty and Corporate Resilience. Technology and Applications talks about current technologies used by organizations. Within technology and Innovation, we talk about digitalization, Instant Payments, FinTech companies and solutions, and the ISO 20022 migration. The topic of governance covers questions on external governance and sanctions and detections. The final chapter, Uncertainty and Corporate Resilience, covers the impact of recent events on organizations and the war on talent.
Three interviews with experts accompany the results of the survey. In the first interview, we decided to challenge ChatGPT, a commonly used generative pre-trained transformer (GPT) language model launched in November 2022 by OpenAI. We asked this chatbot a set of Treasury questions. The “interview” illustrates the usability of these chatbots in daily Treasury operations.
In the following interview, we asked Richard Fiedler, ISO standards specialist at Rabobank, about the ISO 20022 migration. The ISO 20022 is called the single largest change in banking in decades. The shift to a new XML-based messaging standard will unlock new opportunities for companies, their banks, and other stakeholders. Richard Fiedler told us why corporates should familiarize themselves, how TMS suppliers, banks, and consultants can play a role, and which four steps treasures could take.
The last interview is with Tim de Knegt. As head of strategic Finance & Treasury at the Port of Rotterdam, he talked with us about how he managed challenges facing the recent outbursts of uncertainty. To put it differently, Europe experienced yet another conflict, energy prices spiked, inflation rose quickly, and the supply of key personnel dropped sharply.