Assignment:
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?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.