
The global shift toward remote work has transformed industries across the board, and corporate treasury is no exception. With advanced technology, cloud-based platforms, and virtual collaboration tools at our disposal, the question arises: Is there still value in physical treasury hubs, or should treasury teams go 100% remote?
The Case for Going Fully Remote
- Access to Global Talent: Remote work eliminates geographical barriers, allowing treasury teams to hire the best talent from around the world rather than being confined to a specific location. This can lead to diverse perspectives, improved problem-solving, and greater efficiency.
- Cost Savings: Eliminating the need for physical office space can significantly reduce overhead costs, including rent, utilities, and travel expenses. These savings can be reinvested in technology, training, or other strategic initiatives.
- Technology-Driven Efficiency: Cloud-based treasury management systems (TMS), automated workflows, and AI-driven analytics have made it possible to manage cash, liquidity, and risk effectively from anywhere in the world.
- Work-Life Balance and Retention: Remote work offers employees greater flexibility, leading to improved job satisfaction and retention. With treasury teams often under pressure to manage financial risk around the clock, a flexible work environment can help reduce burnout and improve performance.
Why Physical Treasury Hubs Still Matter
- Collaboration and Communication: Despite advancements in virtual communication, in-person interactions often foster stronger collaboration, quicker decision-making, and deeper relationships with internal stakeholders and banking partners.
- Security and Compliance: Treasury functions involve handling sensitive financial data, and physical offices provide a controlled environment with enhanced cybersecurity measures and regulatory compliance.
- Crisis Management: During financial crises or market disruptions, having a central treasury hub can ensure rapid response, effective coordination, and a unified approach to risk mitigation.
- Relationship Management: Building and maintaining relationships with banks, investors, and internal departments is often more effective when conducted face-to-face rather than over a screen.
The Hybrid Model: A Practical Middle Ground?
Rather than choosing between fully remote or fully centralized models, many organizations are adopting a hybrid approach. This allows for:
- Remote work for routine operations and analysis
- In-person meetings for strategic planning and high-stakes decision-making
- Regional treasury hubs that balance efficiency with localized presence
What Do You Think?
- Is your treasury team considering going fully remote? Why or why not?
- What are the biggest challenges you foresee in a remote treasury setup?
- Do physical treasury hubs still hold strategic value, or are they becoming obsolete?
We’d love to hear your thoughts. To kick off the discussion, we’ll share insights from our board members and content partners who have experience navigating this transition. Join the conversation below!

Jeroen Overmaat, Sales Account Executive, NL, at Kyriba, comments:
Treasury Without Borders is an enticing concept. But like most things in life, extremes tend to miss the sweet spot. Fully remote? Fully centralized? Both have merits, but the real magic lies somewhere in between.
Going fully remote means you can hire that brilliant treasury analyst from Singapore while your cash manager sips coffee in Stockholm. Your overhead costs plummet faster than cryptocurrency on a bad day, and your team gets to dodge rush hour traffic – permanently.
Cloud-based treasury management systems and AI-driven analytics have made it technically possible to manage billions from your backyard.
Remote work undeniably breaks down barriers—geography, time zones, and even talent shortages. The catch is the “people factor”. Remember that time when the market went haywire, and your team had to make split-second decisions about hedging strategies? Try doing that over Zoom with a dodgy internet connection. There’s something about crisis management that makes you appreciate having everyone in the same room, making eye contact over their third espresso of the day.
Sure, remote setups shine for routine operations (because let’s face it, no one needs to commute to update a forecast), but treasury isn’t just about numbers. It’s about judgment calls, nuanced relationship management, and putting out fires when the market goes haywire. Those are moments when face-to-face collaboration isn’t just nice, it’s crucial.
Physical hubs still bring something to the table: the immediacy of communication, the tactile nature of collaboration, and the security blanket of controlled environments. When crises hit or regulations tighten, having a command center isn’t just old-school, it’s smart.
So, why choose sides? A hybrid model lets you have your cake and eat it too. Use remote capabilities to handle the day-to-day but keep those physical hubs for the high-stakes moments. It’s about putting the right tools and people in the right places at the right times.
Treasury without borders doesn’t have to mean treasury without boundaries. The key is finding your organization’s sweet spot between digital efficiency and human connection. It’s not about choosing sides – it’s about choosing smart.

Sebastian Muller-Bosse, Treasury Masterminds board member, comments:
Having worked 100% remotely in treasury for over five years, I can confidently say that modern technology makes this not only feasible but highly effective. From an employee perspective, the flexibility and work-life balance remote work offers are unparalleled, and I personally wouldn’t trade it for a traditional office setup. However, from an employer’s standpoint, the decision to go fully remote is more complex. Treasury teams alone may not justify closing physical offices entirely, but the ongoing talent shortage in treasury presents an opportunity to rethink hiring strategies.
Offering fully remote roles would definitely attract a more diverse pool of candidates, including those from different countries who might otherwise be overlooked. This could lead to more globally diverse teams communicating seamlessly in English, with some members working remotely and others in-office. The challenge lies in how open organizations are to international talent and the administrative complexities of remote hiring, such as managing social insurance and tax compliance across borders.
Interestingly, the IT sector has already embraced this model by hiring developers as individual contractors globally. If treasury teams can leverage similar infrastructure and practices, why shouldn’t they follow suit? The future of treasury could very well be a hybrid model that combines the best of both worlds—remote flexibility and strategic in-person collaboration.

Ricardo Schuh, Treasury Masterminds board member, comments:
Remote work has become a popular option in recent years, offering flexibility and convenience. However, I believe it’s not suitable for everyone. While it works exceptionally well for disciplined, self-motivated individuals, it can present significant challenges for others.
In my experience, I had to let go of two employees who failed to meet expectations while working remotely. Despite clear guidelines and regular check-ins, their lack of commitment and productivity during working hours became apparent. This highlighted the fact that remote work requires a high level of accountability and a structured mindset, which not everyone possesses. One of these “forget” to pay an important vendor an amount of USD 12MM > generating an huge “discomfort” to deal and receive fuel during a busy period of sales.
Office environments provide natural oversight, direct collaboration, and a structured atmosphere that some employees need to thrive. While remote work is undoubtedly a great option for the right people, it’s important to assess if it aligns with an individual’s work style and the nature of the role.
I would add that PERSONALLY, I love the WFH setup. As a people manager, my experience was not that good due to these episodes. Hybrid is the best world. 🙂
Recommended Reading
- Treasury Contrarian View: Why Stop at 100% Hedging?
- Treasury Contrarian View: Banks vs. Fintechs – Should Treasurers Bet on Smaller Players?
- Lessons from 10 Years of Failing to Sell My Dad Treasury Software
- The 12 Myths of Treasury: Debunking Misconceptions and Raising Awareness
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