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Centralisation: The Rio Tinto vs. the Toyota way

The two major MNCs chose between decentralising or centralising their treasury functions, based on their specific business needs.
Centralisation: The Rio Tinto vs. the Toyota way

No doubt you have heard the phrase ‘treasury best practice’ bandied about, not least at this year’s EuroFinance conference in Singapore where, in one panel on payments, the phrase was uttered no fewer than six times by one banker.

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