No arbitrariness of the central treasury

Customer:

BayWa

The goal:

• Elaboration of professional and clear regulations for treasury functions
• Summary of the fundamental, Group-wide significant regulations for a financial constitution (distribution of tasks between central treasury and decentralized units)
• Preparation of a set of rules on banking policy, cash management and risk management

The way:

• Consideration of the principles of good corporate governance, professional benchmarks and best practices
• Definition of goals, principles, tasks and competencies
• Observance of the minimum requirements with regard to the regularity of procedures (separation of functions, deputization, reporting obligations, authorizations, etc.)