International Cash Management

This fourth edition of the book again provides a fully updated overview of the position and duties of the modern cash manager in an international company. It deals with the most important instruments used in contemporary cash management. And of course, attention is paid to new techniques relevant for cash management, such as blockchain technology. It covers a cash manager’s regular duties, including the daily management of account balances and the conclusion of transactions in the financial markets. Examples are presented of several types of cash flow forecasts and an overview is given of all relevant financial products. Furthermore, extensive attention is devoted to the establishment of a proper cash management infrastructure for the company. This includes setting up an (international) account structure, cash pools (international or otherwise), payment and collection factories and a netting system. Finally, a description is provided of the cash man- ager’s role as a company adviser in relation to the management of its working capital. There is also new content concerning best practices in specific regions.