Cost saving centre
From ACT Wiki
Jump to navigationJump to search
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.
