From the September/October 2012 issue of Treasury & Risk magazine

Back to Basics

Building Blocks for Next Generation Treasury

Akbar Poonawala, Deutsche Bank’s Americas Head of Global Transaction Banking, says that the crisis of 2008 and its ongoing aftermath has impacted the way that business is being done.   Today, cash management depends on a variety of sophisticated services designed to enhance efficiency and transaction visibility for companies around the world. Especially now there is increased focus on introducing innovative solutions that help Treasurers add value for their companies.  While many of these new services appear complex at first glance, they are built on the basic stepping stones of efficiency and transparency.

Deutsche Bank Global Transaction Banking’s Shahrokh Moinian, Head of Trade Finance and Cash Management Corporates of the Americas, and Martin Runow, Head of Cash Management Corporates, North America, discuss the region’s latest treasury management trends.

What are the corporate cash trends for North American multinationals?

Cash has always been a challenging aspect for corporates.  Where do you see it heading?

MR: Wringing cash and checks from collections is a major focus.  The Internet and mobile devices serve as cashless collections communication channels for viewing and approving invoice information.  Clients can take advantage of a consolidated hub for transaction matching, reporting and reconciliation. 

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