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Microsoft's treasurer leads his company in a revolution in cash management

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For much of the past year, the treasury at Microsoft Corp. has been actively pursuing a single global communications platform for its cash management. While the treasury team knew about consolidation services, such as Citigroup’s award-winning TreasuryVision, Microsoft ultimately wanted something it could control in-house. The software giant began the process by joining member-administered closed user groups (MACUGs) at six banks where it did not already enjoy electronic connectivity. But before Microsoft could piece together its vision, international banking network SWIFT opened its doors to corporate members through a new program called SCORE (Standardized Corporate Environment), and Microsoft saw a ready-made solution.

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