A 1 5 billion Italian multinational manufacturing company has a total
A $1.5 billion Italian multinational manufacturing company has a total of $600 million in intercompany trade flows and settles accounts in 13 currencies. It also has about $400 million in third-party trade flows. Intercompany settlements are all made manually, there are no predefined remittance channels for either intercompany or third party payments and the methods and currencies of payment are determined by each unit independently of the other units. Payment terms for intercompany and third-party accounts are identical. What techniques might help this company better manage its affairs?

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