European Cash Management: A Guide to Best Practice

The management of cash within a corporation has a direct impact on both the profitability and the shareholder value of that company. Active and efficient management of cash resources will significantly improve both the profitability and the shareholder value of every corporation, whereas passive and inefficient management will have a directly negative impact.
In European Cash Management Marie Dolfe and Anna Koritz, two leading experts in cash management, draw on their considerable international experience of working with banks and major multinational corporations to explain the various techniques for effective cash management and outline best practice within the area. The book shows managers the effect of poor management of cash on their company and offers clear practical guidance on how to formulate an effective strategy that will enable companies to release capital employed that may be put to more effective use.

Spis treści:
What is cash management and why is it important?
Trends in cash management.
The inflow of funds to the corporation.
The outflow of funds from the corporation.
Clearing, payments and receipts.
Introduction to cash pooling.
Efficient international bank account management.
Active liquidity management.
From vision to contract.
Successful implementation.
Index.

Nota biograficzna:
Marie Dolfe is responsible for Ernst Young Management Consulting′s cash management services in Austria. Prior to joining Ernst Young she was responsible for cash management, forex and financing within the IKEA group. She has also worked for ABB Treasury Consulting. Marie has lived and worked in a variety of European and Scandinavian countries as well as the United States and draws on her wide experience of working with multinational corporations in this book.
Anna Koritz is responsible for cash management and corporate treasury services at Ernst Young Management Consultin g in Stockholm. She has considerable experience of advising and assisting multinational corporations as well as banks in projects of a domestic as well as a pan–European nature. She studied in Sweden, France and the USA.

Okładka tylna:
The management of cash within a corporation has a direct impact on both the profitability and the shareholder value of that company. Active and efficient management of cash resources will significantly improve both the profitability and the shareholder value of every corporation, whereas passive and inefficient management will have a directly negative impact.
In European Cash Management Marie Dolfe and Anna Koritz, two leading experts in cash management, draw on their considerable international experience of working with banks and major multinational corporations to explain the various techniques for effective cash management and outline best practice within the area. The book shows managers the effect of poor management of cash on their company and offers clear practical guidance on how to formulate an effective strategy that will enable companies to release capital employed that may be put to more effective use.