Identifying University Treasury Best Practices
The Temple University Treasury Department, reporting to the CFO and Treasurer, is responsible for cash management, bank relationships, borrowing, credit ratings, short-term investments, and institutional liquidity. Fox Management Consulting conducted a study of best practices and organizational structure and design among peer universities and corporations of similar sizes. After the project’s conclusion, the TU Treasury received approval to allocate $200,000 to implement Fox MC’s recommendations. Read more.