Cost saving centre: Difference between revisions
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imported>Doug Williamson (Expand to mention Value-added centre name.) |
imported>Doug Williamson (Add context.) |
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''Corporate treasury''. | |||
Treasury cost saving centres are a more risk-tolerant variant on a pure cost centre. | Treasury cost saving centres are a more risk-tolerant variant on a pure cost centre. | ||
Revision as of 08:29, 12 February 2016
Corporate treasury.
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.
