This document summarizes a panel discussion on the evolving strategic role of treasury. The panel discusses how treasury has moved from a transactional to strategic function by owning risk management, managing working capital, and embracing growth-driving roles. Treasury now plays a key part in areas like M&A due diligence, technology adoption, and relationship management across departments and with banks. The treasury function has expanded from cash processing to strategic planning, integrated risk oversight, and interactive communications across the enterprise.