Optimizing Operational and Financial Efficiency in Corporate Treasury Management

Polak, P.; Ejaz, A. Optimizing Operational and Financial Efficiency In Corporate Treasury Management. Tenth Annual Conference of the Applied Business and Entrepreneurship Association International, 2013, pp. 69-78.

11 Pages Posted: 30 Apr 2015

See all articles by Petr Polak

Petr Polak

University of Brunei Darussalam

Abdullah Ejaz

University of Brunei Darussalam; Universiti Brunei Darussalam

Date Written: November 2013

Abstract

The paper sheds the light on treasury efficiency. It discusses the definition of treasury efficiency, its importance, benefits and problems. Then it further discusses about improvement in treasury efficiency. It also converses about the treasury efficiency in practice, treasury efficiency surveys. In the last it argues about treasury management model to achieve treasury efficiency.

Optimizing operational and financial efficiency has been among the main objectives for treasurers for some years. Increasing operational efficiency in treasury management is closely connected to risk management. There are wide variety of ways to increase efficiency, which in turn mitigates the risk of human failure and fraud. Furthermore, efficient business processes reduce costs, which reduce pressure on marging, and facilitate better decision-making based on greater visibility over information and transactions. One of the foundations for achieving efficiency is to have full visibility over cash flow in all currencies and countries.

Keywords: treasury management, treasury, efficiency, automation, standardization, risk management.

JEL Classification: G15

Suggested Citation

Polak, Petr and Ejaz, Abdullah and Ejaz, Abdullah, Optimizing Operational and Financial Efficiency in Corporate Treasury Management (November 2013). Polak, P.; Ejaz, A. Optimizing Operational and Financial Efficiency In Corporate Treasury Management. Tenth Annual Conference of the Applied Business and Entrepreneurship Association International, 2013, pp. 69-78., Available at SSRN: https://ssrn.com/abstract=2600834

Petr Polak

University of Brunei Darussalam ( email )

Jalan Tungku Link
Gadong
Bandar Seri Begawan, BE1410
Brunei

Abdullah Ejaz (Contact Author)

University of Brunei Darussalam ( email )

Jalan Tungku Link
Gadong
Bandar Seri Begawan, BE1410
Brunei
+673 2463001 (Phone)

HOME PAGE: http://www.ubd.edu.bn

Universiti Brunei Darussalam ( email )

Jalan Tungku Link
Gadong
Bandar Seri Begawan, BE1410
Brunei
+673 2463001 (Phone)

HOME PAGE: http://www.ubd.edu.bn

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