International
Treasury Management Benchmarking Consortium (ITMBC) is
currently a free association of treasury managers within major
organizations. ITMBC conducts benchmarking studies to identify
practices that improve the overall operations of the members.
ITMBC Mission
To identify "Best
in Class" treasury management processes, which, when implemented,
will lead member companies to exceptional performance.
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ITMBC Objectives
To conduct benchmarking
studies of important treasury management processes.
To create a cooperative
environment where full understanding of the performance and enablers
of "best in class" treasury management processes can
be obtained and shared at reasonable cost.
To use the efficiency
of the association to obtain process performance data and related
best practices from regarding treasury management.
To support the use
of benchmarking to facilitate treasury management process improvement
and the achievement of accuracy, timeliness and efficiency.
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ITMBC Membership
The scope of ITMBC membership
includes treasury managers within major
organizations.
Company membership will be considered with respect to compliance with
ITMBC mission, goals and operating guidelines, as well as, qualification
of
the organization within the scope of membership.
Participation in specific efforts will be optional and open only to members
with costs shared by the participants. Members pay only if they join a specific
study. Currently, membership in ITMBC is free. We reserve the right
to
review membership applications and to make the final decision whether or
not
to accept any application. Consulting firms are ineligible for membership.
Benefits
of Membership
Studies:
ITMBC will identify
and present to members opportunities to participate in
Benchmarking studies on various topics addressing issues of importance to
the
internet service provision functions.
There are two types of Benchmarking studies provided:
- Consortium studies
are offered to the membership as a whole with costs divided.
- Single company sponsored
studies addressing the interest of one member company can be
offered to other selected members for no fee.
The association will
also support Internet service provision benchmarking efforts:
- Research - Access
public and private databases.
- Identify study participants
- Top companies in Internet service provision.
- Collect data - Manage
response collection with the participants as a third party.
- Lead site visits
- Structured with best participants.
Roundtables:
Interest group roundtables
will be organized throughout the year. Members will pay a nominal
fee to join real and virtual roundtable discussions that address
specific treasury management processes.
Cost:
Currently, membership
in ITMBC is FREE! Costs of studies are shared by the participants.
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To
become a member of ITMBC,
click below.
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