Boston, MA – A significant majority of treasury professionals continue to manage critical financial operations using outdated, manual, or fragmented systems, according to a recent survey by TD Bank. The survey, conducted at the Association for Financial Professionals' (AFP) 2025 conference in Boston, polled 246 treasury experts and revealed that 80% are not leveraging modern technology for cash, liquidity, and financial risk management.

The findings highlight a potential gap between the evolving needs of treasury departments and the technology currently in place. Managing cash flow, ensuring adequate liquidity, and mitigating financial risks are core responsibilities of treasury professionals, and the survey suggests that many are hampered by inefficient processes.

TD Bank’s research underscores the growing pressure on finance leaders to modernize their treasury technology. As businesses face increasing complexity and volatility in the global financial landscape, the need for automated, integrated solutions becomes even more critical. The reliance on manual methods can lead to errors, delays, and increased operational costs.

The Association for Financial Professionals (AFP) is a professional association for finance professionals, providing resources, education, and networking opportunities. Their annual conference is a major gathering in the industry, making the TD Bank survey a valuable snapshot of current practices among treasury leaders.

The survey’s results suggest that many treasury departments are likely facing challenges in adapting to new regulations, optimizing working capital, and gaining real-time visibility into their financial position. Addressing this technological lag will be crucial for finance leaders looking to enhance efficiency, reduce risk, and drive business growth.