Amid the uncertainty caused by the pandemic, the top 25 S&P companies boosted investments by $150 billion this year but experienced lacklustre returns.

When the Covid-19 pandemic hit, airlines found themselves hedged against non-existent fuel consumption while oil prices plunged. Escaping from the contracts has been a brutal experience.

The pandemic exerted a variety of pressure on corporate cash forecasting processes. Some firms required a complete forecasting overhaul to cope, while others that were less affected could fine tune their operations.

The top four European banks saw a surge in corporate deposits while at the same time experiencing a drop in outstanding loans for two straight quarters.

Corporates in the US reduced their cash deposits as they repaid emergency loans in Q3 according to the latest disclosures by US banks.

Food retailers and software companies may have fared better than others during the Covid-19 crisis – but firms like Walmart and Citrix have still faced plenty of challenges, from securing liquidity to forecasting future cash flows.

What do you do when millions of dollars in payments made to your company need to be refunded en masse? That was the unprecedented challenge that corporate treasurers in the travel sector faced this year as a result of Covid-19.

Whether their companies escaped default or not, treasurers have had a busy year.