Every company has incoming and outgoing payments, accounts and possibly also credit agreements. In many small and medium-sized companies, the managing director himself or employees from the accounting or controlling departments usually take on the associated administrative tasks. Treasury is usually the last discipline in the finance department to be filled with a full-time position. Our latest podcast episode discusses when it makes sense to have a treasury department.

Prof Dr Martin Büdenbender is CFO at Hey Marly, an e-commerce provider of shoes, handbags and accessories with sales in the double-digit million range, Professor of Corporate Finance at Aachen University of Applied Sciences and Managing Director of Büdenbender Consulting.

Norbert Unterharnscheidt is the managing partner of e.systeme21 GmbH in Ulm. e.systeme21 is a medium-sized company that plans, installs and maintains photovoltaic systems of all sizes throughout Germany.

Sabine Paulus is a treasury specialist in the Equity & Debt and Risk Management departments at VDT e.V.