Treasury Management: A New Focus
Synopsis
Globalization of companies has stimulated demand for cost effective, and efficient means of doing business across the boundaries. The continuous need for improving efficiency, reducing costs and satisfying customers, is forcing treasures to think innovatively. Moreover, the pressure from the top management to reduce treasury staff, simplify operations and reduce overall treasury risk, has made treasurers seek new approaches to encounter old problems. Thus, treasury management has been witnessing a series of significant changes since the last decade. In this backdrop, an attempt is made to encapsulate the latest events related to treasury such as treasury integration, treasury outsourcing, Enterprise Risk Management (ERM), and their implications. This book focuses on the role of automation in the treasury department. The reader gets a valuable insight of the treasury functions through the company experiences cited.
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