Global treasury functions are being brought home. But as treasurers are learning, there is an art to doing it right

Companies try out decision-making software that non-techies can control

GMAC Mortgage Corp.'s treasury is located in Horsham, Pa., at a considerable distance from either New York City or Washington. But on Sept. 11, its cash management operations might as well have been located in lower Manhattan since the bank that handled its transactions was.