Toptal

I began my career working in a bank’s treasury team, and it provided a fantastic basis of financial education that has direct influence over all manner of work that I do now. Through reasons that I will explain in this article about treasury management best practices, such teams are pivotal to the success of their organizations, yet are often misunderstood or underestimated. I have regularly had to explain (courteously) that corporate treasury is not centered around wooden chests, nor whip-rounds for group holiday cash.

What Is Treasury Management?

Treasuries are the custodians of cash in a business, they control this through 1) the amount held and 2) its liquidity. The two levers of this are through the sheer size of the balance sheet and the relative stickiness (liquidity) of assets and liabilities held. Their management of this enables the basic fundamentals of an organization: allowing teams to operate and conduct

To read the full article click on the 'post' link at the top.