Treasury Management International
Tax, Accounting & Legal
When Less is More
by Geri Westphal, Vice President/Assistant Treasurer, Oracle Corporation
THREE years ago, Oracle began a global project to centralize, standardize and automate our business. We find many other multinational corporations on a similar journey. What makes us different? What makes this story worth reading? It’s a story of scope. It’s a story of how one large multinational corporation with operations in more than 60 countries acknowledged that in order to continue to be successful in the current business environment, it had to commit to having less – fewer databases, fewer software versions, fewer business relationships, fewer unique processes and fewer manual interventions. This is a story of how less can be more
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Treasury Management International showcases topical, pragmatic solutions and strategic insights on treasury, cash management, foreign exchange and other issues affecting treasury and financial professionals, together with treasury and finance news, education and opinion. With real-life treasury management experiences and case studies at its core, TMI provides valuable material for all practitioners - from experienced treasurers and CFOs to those new to the profession.
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