Multi-national firms in Africa lack an overall view of their cash positions and movements. Therefore, corporate treasury departments in African markets are seeking solutions for improved control and transparency in their cash and liquidity management. To improve efficiency and decrease operational risk, they are seeking a single, unified approach to allow treasury departments to see their cash positions in real time. Solutions include an effective treasury management system (TMS), a SWIFT service based on exception-based processing and a shared service model.
This article first appeared in the 2013 edition of The South African Treasurer – the Association of Corporate Treasurers of Southern Africa’s official journal which is published in association with TMI International.Download
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