Search
 

Better Treasury Through Innovation

Dennis Sweeney, Deputy Treasurer, General Electric

By Susan Kelly | Updated on June 08, 2010

As deputy treasurer at $156.7 billion General Electric, Dennis Sweeney has a string of technology achievements under his belt: He implemented the first Web-enabled treasury workstation, pioneered corporate use of SWIFT and has been a key advocate of the TWIST BSB standard for electronic invoicing of international bank fees.

These days he sees working to improve corporates’ communications with their banks as his best shot at improving productivity. “Having access to information and being able to process that through my bank in a straight-through process is where I’m going to get value,” Sweeney says. “These days, it’s much less ‘can I negotiate a better price to clear a check,’ than ‘can I get out of clearing checks at all, can I move people to e-payments.’”

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

 

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2023 ALM Global, LLC. All Rights Reserved.