May 18th, 2008
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In financial management, included is treasury management which is all about the efficient management of liquidity and financial risk. Some of the major roles/functions of Treasury management are as follows:
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1
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Cash management
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The efficient collection and repayment of cash to both insiders and to third parties.
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2
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Currency management
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Manages the foreign currency risk, exchange rate risk,etc. Advise on currency to be used for overseas billing,etc
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Funding management
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Planning and sourcing firm’s short, medium and long-ter cash needs. Participates in capital structure, forecasting of future interest and foreign exchange rate’s decision making process
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Banking
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Maintain good relationships with bankers and carry out initial negotiation with them for any short term loan
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Corporate finance
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Advises and Involves in mergers and acquisition, capital structure, rights issue,etc
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Venture Capital Financing
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Involves in new high risk ventures by getting venture capitalists
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