Cash Management

A distinguished product, a perfect team, a superb reputation – none of it matters if your business has no cash!

The reality is that 4 out of every 5 businesses fail due to poor cash flow management. It would seem logical that following on from this, every business owner would have a clearly defined and well managed strategy to avoid running into cash flow problems and have a plan to improve cash flow when problems do arise, but amazingly this is …

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As treasurers embrace change, can their banks?

The state of the relationship between banks and corporate treasury could be the difference between the survival and death of a company, says Swag Ganguly, head of European debt advisory at Evercore. Ganguly, who was speaking at the recent Irish Association of Corporate Treasurers (IACT) conference in Dublin, said that as an independent investment bank, Evercore has acted as a disruptor …

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Dual role of treasures

The treasurer carries a dual role which is both strategic and operational. While being responsible for many functions, the treasurer also manages the channels (treasury systems, operations and control) through which they are delivered. Currency management, funding management, investement management, bank relationship management, risk management, and cash management are the main roles that treasures play and which varies as a result of company’s size and its …

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The treasurer and cash management

There is no standard approach to treasury and cash management. In continental Europe many companies combine the treasury, risk and liquidity functions with the controller or finance director role. In the US the cash management function is usually managed by the treasurer (who often has a treasury or banking background), who reports to the chief financial officer (who has an …

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International Cash Management

Although the origins of cash management can be tracked back to 1947 when RCA became more of the first companies to use a lockbox in the US, advances over the last 70 years have resulted in profession that has significant impact on a company’s bottom line and on shareholder value. The treasury function has expanded to include not only cash …

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