An analysis of the effects of e-commerce on treasury management.
Written in 2005; 1,820 words; 8 sources; MLA; $ 58.95
Paper Summary:
The purpose of this work is to give an adequate description of how innovation in electronic-commerce, or e-commerce has affected treasury management, specifically "Working Capital Management" and what effect the Internet has had on this area. It also explores the effects that the Internet has and will continue to have in terms of cash cycle management inclusive of sales, credit, delivery, invoicing and payment.
Outline
Statement of Thesis
Introduction
Conclusion
From the Paper:
"Treasury Management via the Internet offers flexibility not known before now and most particularly so in view of management of "Working Capital". The cohesive and interactive aspects of the Internet monitoring and data connecting functions gives a brand new dimension to tracking working capital within a corporation. In the previous processes, where several locations spread across the nation would attempt to reconcile on a periodic basis to render reports reflecting the balancing and accounting of the company finances, there was not, at any point in time, a "real-time" accounting. . This "real-time" accounting in financial management process allows for not only more accuracy but also for the noting of potential cashflow or working capital restrictions or problems long before the chance is given for culmination into larger problems for the business. "
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