Spotlight: Cash management (TT Apr03 p29)

Cash management is fundamental to most treasury operations and continues to evolve rapidly, and in many different directions. The focus has shifted significantly, from the original challenge of managing inter-company flows, to the current focus on technology and commercial cash flows – especially those denominated in euro. In many ways, a cash management solution resembles a jigsaw, and this Spotlight focuses on some of the more significant pieces of that jigsaw, mainly technology, constraints, design and implementation.