A love affair
Article Abstract:
Firms are beginning to utilize software programs in handling their cash management problems. In the case of German multinational firm Siemens, a decentralized payment execution network was built to efficiently collect data for its international and intra-company disbursements. Local agencies were also utilized to tap into the efficiencies of local payment systems. In the case of salon chain Creative Hairdressers, a simple but effective innovation called e-check is being used to efficiently handle payments from its several location sites.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 1999
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Checking under the hood
Article Abstract:
A survey of 182 treasury managers ranked both local and international cash management banks on a scale comparing these institutions to their favorite automobile models. Wachovia emerged as the top choice for CFOs and cash managers, who compared the bank to a Mercedes. Citibank and Chase Manhattan emerged as the technology-leading banks. The banks were evaluated based on personnel and technology quality, prices and customized systems.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 1999
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The mobility of wireless
Article Abstract:
Developments in wireless cash management in the US in 2000 are described, with focus on the services being offered to corporate customers by banks, and the growing demand for these services.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 2000
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