Next Generation of Cash Management for Corporate
The Centiglobe platform will have a major impact on cash management for corporate treasuries. Centiglobe reduces the need for regional cash pools and improves liquidity management. By enabling instant payments to subsidiaries and suppliers in near real time the improved speed and transparency reduces uncertainty and the necessity to build up liquidity buffers.
Liquidity is concentrated at the head office and re-allocated from foreign subsidiaries and banks. As free cash is generated the cost of capital is reduced. So are many frustrating man hours in tracking lost payments among the correspondent banks.
Centiglobe is changing the treasury cash management landscape.