9.10 - Manage international funds/consolidation
PCF ID: 10737 | Elements: 5 | Metrics Available: N | Benchmarkable: 1
Definition
Managing cash collections and disbursements made by operating units across the enterprise. When appropriate, transfer cash from the operating units to parent-level bank accounts managed by the organization's treasury team.
Overview
This process group covers manage international funds/consolidation within the broader context of Manage Financial Resources.
Process Hierarchy
Processes
| ID | Process | PCF ID | Sub-elements | Metrics |
|---|---|---|---|---|
| 9.10.1 | Monitor international rates | 10767 | 0 | N |
| 9.10.2 | Manage transactions | 10768 | 0 | N |
| 9.10.3 | Monitor currency exposure/hedge currency | 10769 | 0 | Y |
| 9.10.4 | Report results | 10770 | 0 | N |
9.10.1 - Monitor international rates
PCF ID: 10767
Definition: Forecasting and monitoring changes in foreign currency value or interest rates around the world that play an important role in the organization.
9.10.2 - Manage transactions
PCF ID: 10768
Definition: Managing any transfer of funds in the course of conducting cross-border trades or investments, including conversion across currencies. Find the most suitable alternative for making payments, while saving taxes and avoiding any unwarranted regulation, with the objective of protecting capital.
9.10.3 - Monitor currency exposure/hedge currency
PCF ID: 10769
Definition: Assessing exposure to potential financial losses as a result of changes in the value of currencies. Forecast the impact of movements in foreign currency values. Enter into financial transactions designed to offset or limit potential exposure to loss.
9.10.4 - Report results
PCF ID: 10770
Definition: Documenting and reporting accounting entries to formally report financial gains or losses experienced as a result of foreign exchange activity.
Change Summary (v7.2.1 vs v6.1.1)
Changes indicated by:
+XXXXX- New element added-XXXXX- Element removedcXXXXX- Element changedNEW- Newly introduced
Complete Element List with Definitions
All 5 elements
| ID | Name | Definition |
|---|---|---|
| 9.10 | Manage international funds/consolidation | Managing cash collections and disbursements made by operating units across the enterprise. When appr... |
| 9.10.1 | Monitor international rates | Forecasting and monitoring changes in foreign currency value or interest rates around the world that... |
| 9.10.2 | Manage transactions | Managing any transfer of funds in the course of conducting cross-border trades or investments, inclu... |
| 9.10.3 | Monitor currency exposure/hedge currency | Assessing exposure to potential financial losses as a result of changes in the value of currencies. ... |
| 9.10.4 | Report results | Documenting and reporting accounting entries to formally report financial gains or losses experience... |
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