Mark Harrison, Founder & CEO, Callisto Grand
Sam Dhingra, Director Solution Engineering, HighRadius
Buying and Implementing Technology for Treasury Professionals
The weekly survey by Strategic Treasurer named ‘Global Crisis Monitor’ is done in association with HighRadius Corporation.
With the ongoing COVID-19 pandemic, the world economy is taking a major hit. Markets are slumping even though central banks are pushing more liquidity into the system to decelerate the economic slowdown as much as possible. Keeping these things in mind, this survey aims to track:
Keep reading to explore the point-of-view of various organizations around the globe, how the pandemic has impacted their industry and key takeaways from what changed in perspective from the past week.
More than 300 organizations (an increase of 50% from last week) from across the globe participated in this week’s survey. Here’s what they feel has had the biggest impact on the Treasury:
Here, the measurements are done on a scale of 1-9, with 1 being a major deterioration, a 9 suggesting a strong improvement, and 5 being neutral, meaning almost no change.
The graph represents the level of concern with regard to the availability of liquidity of an organization. The scale shows the ratio of more concerned versus less concerned, meaning a 2 on the negative side represents 2:1 ratio for more concerned versus less concerned, while a 4 on the positive side means for every organization that is more concerned, 4 organizations are less concerned.
This graph illustrates the time organizations expect normalcy to arrive.
A breakdown of the graph represents the following:
This graph counts the level of optimism for an economic recovery to occur. Here, different color bands show the outlook to be either positive, negative, or neutral, each reflecting the percentage of these responses.
We’ll continue to monitor and report on how the changing dynamics of COVID-19 impacts Treasury and Finance professionals, including the way we work to mitigate the risks.
Insights: Key survey findings of Week 1- March 18-24
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