April 25, 2014
International Treasurer — November 28, 1994
Back in the November 28, 1994 issue of International Treasurer we wrote, “One of the main topics of interest for multinational treasurers always seems to be “managing” cash/treasury for international operations ‘centrally.’” Of course that is still true today and a subject much discussed in The NeuGroup universe. Today corporations still struggle to manage global treasury needs from one location, which is why regional treasury centers have become more prominent overlay structures. These come as either a stand-alone center or as part of a larger SSC. The journey toward centralization is an evolutionary process with the initial focus on transaction efficiencies.