This is the last in the series of posts that describes the ability of TS CMO to support multiple centralized and decentralized cash management and positioning needs of enterprise organizations. Today we will look at how TS CMO can be configured for a case of completely decentralized cash management. (Please read the first post the describes a centralized scenario as well as the second post on a decentralized cash management scenario and a third post on another decentralized treasury scenario)
Decentralized Cash Management - Consider an European corporation with operations in Europe, North America and in ASIA with each subsidiary managing their cash and investments respectively)
The scenario described above can be configured in TS CMO by creating the specific treasury operational entities needed viz. Europe, Asia, US and Canada and by assigning the respective users, user groups and accounts or account groups to it. Another treasury operational entity called "Enterprise" is created for management that needs visibility across all entities. A depiction of the the configuration is shown below.
To summarize this series of posts
Treasury Sciences CMO provides the ability for end users to configure the system based on their specific treasury operational needs- be it centralized, decentralized or a mix of centralized in certain areas and decentralized in others. It also provides the ability to adapt to changes in your organization, be it the acquisition of a subsidiary that you choose to run autonomously or consolidation of cash and investment management across subsidiaries.