Corporate Treasurers Rule Their World, With Tech
- Sunday, November 20, 2011, 1:11
- Entrepreneurs
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Using SWIFT and a global bank like Citi, a corporate treasury can centralize its accounts around the world, giving the treasurer a real-time view of balances, payments and receivables and also permitting consolidation of funds for overnight or other short-term investing. Citi, for example, offers real-time treasury actions across 90 countries where it has a presence.
http://www.forbes.com/sites/tomgroenfeldt/2011/11/19/corporate-treasurers-rule-their-world-with-tech/