Press Releases
Mellon Global Cash Management to Host Free Cyberconference on Questions Treasurers Should be Asking in 2006
PITTSBURGH, November 14, 2005 — Treasury professionals setting priorities for the coming year can find guidance and useful information during "Questions Every Treasury Department Should Ask in 2006," a free cyberconference hosted by Mellon Global Cash Management (GCM) on Wednesday, November 16 from 2-3 p.m. EST. Registration for the event can be done online at www.mellon.com/insight05 or by calling 1-800-424-3004.
As treasury professionals create action plans for 2006, they often have questions regarding current issues that could affect the preparation process. This session will help organizations focus on some of these key issues and answer questions such as whether a company's investment policies and procedures have kept up with the new millennium, what decisions are being made throughout the company in which treasury should be involved, and whether the total, combined costs paid to each bank for all services rendered are being actively assessed. These and other questions will be answered in a session that will give participants access to a panel of Mellon GCM product line representatives who will help attendees in their effort to develop the most beneficial action plan for 2006.
Mellon GCM's final free cyberconference in 2005, "A New Automated Solution for Cash Application Exception Management," is on Wednesday, December 7 from 2-3 p.m. EST. Mellon's remittance processing and finance and accounting business process outsourcing product experts will outline Mellon's new Web-based cash application exception management service. This efficient, automated cash application exception management solution is designed to enable automated tracking, analysis and an electronic workflow to support exception resolution, with real-time abilities to monitor accuracy, pull reports and prioritize critical items. Participants will also learn how this unique solution may enable them to enhance controls, accelerate approvals and improve cash flow by eliminating many of the labor-intensive, manual functions associated with conventional remittance exception processing.
Mellon Global Cash Management, a payments industry leader synonymous with quality performance and known for its innovation and expertise, designs comprehensive solutions through its broad line of cash management services to meet the specialized treasury needs of corporations, nonprofit organizations and financial institutions. Recently, an independently-administered customer satisfaction survey revealed that Mellon GCM continues to distinguish itself from its competition in the areas of operating quality, commitment to cash management and customer service. In addition, Mellon GCM was one of only two providers to achieve an A+ average for product performance in the 2004 Phoenix-Hecht® Quality IndexTM of 33 major cash management providers. Throughout 2005, Mellon GCM is celebrating its 50th anniversary in remittance processing. In addition, Mellon GCM is the only electronic payments services provider in the U.S. to successfully complete both a Level 3 Capability Maturity Model® (CMM®) assessment for its software engineering practices and attain ISO 9001:2000 Registration. More information on Mellon GCM is available at www.mellon.com/gcm.
Mellon Financial Corporation is a global financial services company. Headquartered in Pittsburgh, Mellon is one of the world's leading providers of financial services for institutions, corporations and high net worth individuals, providing institutional asset management, mutual funds, private wealth management, asset servicing, payment solutions and investor services, and treasury services. Mellon has approximately $4.5 trillion in assets under management, administration or custody, including