According to McKinsey & Company, the rapid shift of economic activity from established markets in Europe and North America to developing ones in Africa, Asia, and Latin America has many CFOs asking treasurers to improve their performance. In an effort to help corporate treasurers improve their performance in core activities, 120 treasurers were surveyed and an additional 50 in-person interviews were conducted. Those sources, as well as experience working with treasurers, has led to the conclusion that companies should focus on five moves to improve their global treasury function, as noted by this report that has the following recommendations:

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For companies experiencing temporary cash shortages, asset-based financing may be an alternative that makes sense as a viable way of meeting its cash shortfalls. With this method of financing, a cash-strapped business can use the assets that they have to overcome its cash flow shortages.

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