Cost saving centre: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Expand for Treasury organisation and Response to risk.) |
imported>Doug Williamson (Add heading.) |
||
(One intermediate revision by the same user not shown) | |||
Line 14: | Line 14: | ||
*[[Profit centre]] | *[[Profit centre]] | ||
*[[Response to risk]] | *[[Response to risk]] | ||
* [[Treasury organisation]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
[[Category:Treasury_operations_infrastructure]] |
Latest revision as of 17:00, 14 October 2020
Corporate treasury - treasury organisation - response to risk.
Treasury cost saving centres are a more risk-tolerant variant on a pure cost centre.
A cost saving centre is a treasury which - like a cost centre treasury - acts primarily as a service function, but which is allowed a degree of discretion about when to hedge, with a view to reducing net costs.
They are sometimes also known as value-added centre treasuries.