Lessening the workload (TT June03 p35-40)

Over the past 12 months, the increasing acceptance of the benefits of corporate treasury outsourcing by treasurers and finance directors, and the maturing services from suppliers, have led to a continuing steady growth in the market. However, there has not been the big surge in demand that many were expecting. In the current difficult financial environment, outsourcing services that provide medium- to long-term solutions to specific problems are not the quick cost-cutting fix businesses are looking for.