“Centralised Treasury”

definition

Centralised Treasury is the system of financial management used by companies in which financial, cash management, investment and foreign exchange decisions, along with other strategic matters are made and controlled by a unique team.

Companies use a centralised treasury system to unify their accounting and reporting criteria and to gain a complete, accurate and up to date overview of the company’s overall cash position and risk exposure. These aspects can be complicated to keep tabs on where there are diverse sources of accounts information.

 

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