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Treasury Management through Integrating Financial and Operational Flows by Information Technology  

Hahm, Yuk-Kun (Konkuk University, College of Business Administration)
Lee, Seog-Jun (Konkuk University, College of Business Administration)
Kwon, Taek-Keun (Webcash Inc.)
Kim, Jong-Moo (Webcash Inc.)
Publication Information
Information Systems Review / v.13, no.3, 2011 , pp. 27-46 More about this Journal
Abstract
Many business managers claim that treasury management is their leading concern. Managing cash flows is the center of treasury management. However, in reality, companies has experienced the difficulty in monitoring and controling this flow initiated by business transactions. To resolve this problem, Webcash Inc. developed an innovative systems called Branch Solution. Branch Solution stands in between banking systems and a company's ERP system to connect them. This system provides the company with an ability to control the financial flow in accordance with the physical flow of materials. Due to this solution many companies accomplish a high efficiency and visibility in their cash management. This study analyses a treasury management case from the perspective of supply-chain processes integration.
Keywords
Supply Chain; Processes Integration; Cash Management; Treasury Management System; ERP;
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