What are the most difficult obstacles to overcome when maintaining a centralized structure for global cash management?
One of the obstacles is having your accounts with different banks. You should look to one of the global banks such as JPM/Chase, Citibank or B of A who have
I would add that as you acquire companies and move across borders this makes maintaining the same level of control of cash you fought so hard to obtain difficult. When I had this task as a
Also, when you acquire companies, you need to be mindful of the bank relationships that exist at the acquired companies before you "centralize" everything as these banks were most likely key partners in making the company you acquired successful.
Excuse me,I am writing my desertation about Centralized Cash
Tks so much!