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Cash & Working Capital

Treasury Management: Going PoBo and (Maybe) RoBo

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July 21, 2014

More companies are using pay-on-behalf-of structures while the jury’s still out on receipt-on-behalf-of.

Corporates recognize the benefits of channeling payments and collections through a single legal entity, making and receiving payments on behalf of (PoBo and RoBo). At a recent The NeuGroup GCBG meeting, members discussed ways to leverage these types of structures for increased efficiency with global accounts and cash management structures. Although many in the group like the PoBo and saw its benefits, others weren’t sold on RoBo.
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