In a Reval recent poll, 63% of respondents said they were already implementing or planning to introduce in-house banking to reduce costs, increase control and improve visibility. Treasurers in multinational organizations face high complexity. As their teams operate across many countries, currencies, systems and regulatory regimes, it is difficult to keep an overview on enterprise-wide cash flows and risk positions. In recent years, leading companies have started implementing in-house banks. These offer financial services to their various business units that would typically be provided by a commercial bank.
To help treasurers get started, Reval has developed 5 Steps to Successfully Build an In-House Bank:
Are you ready to boost your treasury efficiency? Download our most recent e-book to find out how.