Zsuzsanna Szabo, DuPont's EMEA Cash Manager and Jennifer Bossuge, BofA Merrill's Global Head of Sales, Global Treasury Solutions in their presentation Eurofinance in Rome on 'What to do with cash visibility when you've got' - DuPont have achieved 95% visibility of EMEA cash - used this memorable phrase:
'See it, grab it, use it'.
to describe the essence of liquidity management. This is so right for both cash rich and cash poor companies, and so neat.
Many corporate treasury departments would really love to be able to say: they can see all their cash, they grab all of it and they really use it effectively.
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