European Cash Management

If you are involved with an organisation that has not undertaken a recent review of its cash management with expert advice there is a high probability that your organisation is not maximising its resources.
In European Cash Management Marie Dolfe and Anna Koritz draw on their extensive international experience in advising multi-national corporations to give clear practical advice on:
* how to formulate an effective cash management strategy
* how to increase profitability
* how to maximise shareholder value
* recent developments and best current practice
* how to conduct a cash management study
* how to implement efficient procedures and support systemsEin Abriß der jüngsten Entwicklungen im Bereich Unternehmensfinanzierung, geschrieben von führenden Consultants mit Unterstützung von Ernst & Young. Mit Hilfe dieses Buches können Manager künftig die Leistungsfähigkeit und den Wertzuwachs für die Aktionäre (Shareholder Value) steigern, kostengünstige Finanzierungsmethoden für Projekte finden und die besten Bank- und Abrechungsmöglichkeiten festlegen. Die Autoren konzentrieren sich auf Europa im Zuge der Euro-Einführung und geben praktische Ratschläge für die Ausrichtung von Unternehmensstrategien nach so wichtigen Kriterien wie Bankbeziehungen, automatische Kontoübertragungsverfahren für Euro, gemeinsame Servicezentren, Internet- und Electronic Banking-Programme, elektronischer Datenaustausch und Outsourcing. "European Cash Management" ist eine unverzichtbare, praktische und verläßliche Informationsquelle zu einem topaktuellen Thema. (11/99) 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 "...it serves as a useful reference guide or as an introduction to newer members of the treasury team." (Corporate Finance) 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 Consulting 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. If you are involved with an organisation that has not undertaken a recent review of its cash management with expert advice there is a high probability that your organisation is not maximising its resources

In European Cash Management Marie Dolfe and Anna Koritz draw on their extensive international experience in advising multi-national corporations to give clear practical advice on:
* how to formulate an effective cash management strategy
* how to increase profitability
* how to maximise shareholder value
* recent developments and best current practice
* how to conduct a cash management study
* how to implement efficient procedures and support systems
The book also includes detailed discussion of active liquidity management, foreign exchange, cash pooling, international bank account management and bank relationships, forecasting, short term funding and investments, and electronic developments. 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.