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 m (Categorise.) |
||
| Line 16: | Line 16: | ||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
[[Category:Treasury_operations_infrastructure]] | |||
Revision as of 10:03, 2 May 2018
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.
