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  1. Krishna B

    Thanks for posting this document, can you please let me know what are the main benefits of using InHouse Cash.

    Thank you,

    Krishna

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    1. Juan Carlos Consiglieri Post author

      Hi Krishna,

      the main idea behind the IHC is to support the centralization of the payment and cash receipt processes with the objective of reducing operating costs and increasing efficiency, this for external as well as for internal payments. It makes sense when we talk about big international groups. The model in principle works like having a bank inside of your company (In-House Cash Center) in which each of the corresponding subsidiaries holds an account. The advantages comes from the pooling effect which brings I.e netting, bundling, lowers fees, reduction of banking accounts, integrated processes and control.

      best

      Juan C.

      (0) 

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