Treasury Centralization: An Essential Guide for Corporate Treasurers
Centralization of treasury functions has been a trend amongst the largest North American and European multinational firms for a number of years. Increasingly, the benefits of a centralised treasury are being recognized by companies of all sizes and all regions, from mid-market companies with relatively straightforward cash management, funding and foreign exchange requirements through to large firms with highly sophisticated treasury needs. In today’s uncertain financial environment, with rising costs, volatility of risk and increasingly expensive financing, treasury centralization offers some important advantages.
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