Lessons from a Tech-Obsessed Treasurer: Scaling Treasury Through Systems

What if your treasury function could run smarter, not harder?

David Mazzola, Head of Treasury at Norstella shows how a systems-first mindset turned chaotic spreadsheets into scalable, global treasury operations - and how you can do the same.

David Mazzola is the Head of Treasury at Norstella, a global pharma intelligence solutions provider.

Known for being “tech-obsessed,” David has led treasury transformations across insurance, tech, and pharma by embedding systems thinking into every function he touches.

In this episode, David shares how a deep interest in technology shaped his unconventional path into treasury and helped him drive transformation at companies like QBE, Spotify, and now Norstella.

You’ll hear how he implemented treasury management systems across global teams, why many organizations fail at tech adoption, and how automation tools like RPA can radically reduce manual workloads.

If you’re a treasury professional looking to modernize your function - or just want to understand how to lead with systems thinking - this episode is packed with practical strategies and real-world lessons.

What We Cover in This Episode:

• How David transitioned from banking operations into corporate treasury
• Early lessons from building treasury systems from scratch at QBE
• Why many treasury functions fail at tech adoption - and how to avoid it
• Implementing KYRIBA across global regions and its organizational impact
• What David learned by contrasting organic treasury builds (like Spotify) with post-M&A integrations (like Norstella)
• How robotic process automation (RPA) helped slash 20 hours of work into 45 minutes
• Balancing urgency with control when building treasury infrastructure fast
• Why treasury leaders must keep their eyes on liquidity, risk, and future scaling
• David’s take on the future of treasury - from AI to blockchain to better B2B payment flows

You can connect with David Mazzola on LinkedIn.

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