Draft and Future-proof: Difference between pages

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imported>P.F.cowdell@shu.ac.uk
m (Categorise the page)
 
imported>Doug Williamson
(Create page. Sources: The Treasurer, Aug 2018, p13 & linked pages.)
 
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''Documentation.''
1. ''Adjective''.


A written order from one party (the drawer) to another (the drawee) to pay a party identified on the order (payee) or the bearer a specified sum, either on demand (sight draft) or on a specified date (time draft).
Relatively unlikely to become obsolete in the near future.


== See also ==
* [[Bank draft]]
* [[Banker's acceptance]]
* [[Cheque]]
* [[Documentary collection]]
* [[Payable through draft ]]
* [[Trade acceptance]]


[[Category:Bank_Lending]]
2. ''Verb''.
[[Category:Trade_Finance]]
 
[[Category:Short-Term_Liquidity]]
To select or adapt systems appropriately to minimise the risk of obsolescence.
 
 
<span style="color:#4B0082">'''''Think ahead'''''</span>
 
:"In such an era of flux, organisations need assurances on efficiency, competitiveness, scalability and future-proofing for investment decisions.
 
:The modern treasury function is expected to be more strategic, to collaborate with the business it serves, and to be comfortable with the use of centres of excellence to support global operations, including the use of in-house banks (IHB) and shared services centres.
 
:However, they are often burdened with poor processes and outdated technology."
 
:''The Treasurer's Handbook, Approaching technology decisions in the treasury function.''
 
 
 
 
==See also==
* [[Approaching technology decisions in the treasury function]]
* [[Enterprise-wide resource planning system]]
* [[Futures]]
* [[In-house bank]]
* [[Shared Service Centre]]
* [[Treasury management information systems]]
* [[Treasury workstation]]
 
[[Category:Technology]]

Revision as of 12:57, 3 August 2018

1. Adjective.

Relatively unlikely to become obsolete in the near future.


2. Verb.

To select or adapt systems appropriately to minimise the risk of obsolescence.


Think ahead

"In such an era of flux, organisations need assurances on efficiency, competitiveness, scalability and future-proofing for investment decisions.
The modern treasury function is expected to be more strategic, to collaborate with the business it serves, and to be comfortable with the use of centres of excellence to support global operations, including the use of in-house banks (IHB) and shared services centres.
However, they are often burdened with poor processes and outdated technology."
The Treasurer's Handbook, Approaching technology decisions in the treasury function.



See also

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