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Doug Spickler does everything a 21st century domestic cash manager should be doing for his company, United Parcel Service Inc. He has reduced the number of money-center banks with which he deals to five core institutions. He has eliminated more than 100 of the company’s bank accounts, although at 320 he still says he has more work to do. In 1998 he bought a SunGard Resource IQ, a treasury workstation that helped UPS get Y2K compliant and now allows it to communicate automatically with its banks and generate reports

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