April 09, 2015
More than 20 years ago, DuPont was freeing up Asia personnel to do the value added stuff.
In 1994, DuPont’s Singapore-based Asia treasury center was pioneering electronic banking with its local subsidiaries, in an attempt to improve its centralized treasury management. This left local and regional treasury personnel with more time to spend on value-adding services like forecasting cash-flows for cash, FX and liquidity management and less time managing administrative details.