Global Cash Management: the Challenges of Multicurrency Operations
Global Cash Management
Johnson Controls Inc. recently completed a spin-off of its automotive division, Adient plc. We take a look at the innovative use of multicurrency notional cash pooling by the company, which is allowing Adient to meet the challenges of multicurrency operations.
- Bank accounts as building blocks
- Local and global cash management
- Global cash concentration and pooling methods
- Funding the global cash pool
- Commercial Paper (CP) as a source of funding