Comment on the following: The main function of a treasury manager is management of funds efficiently.

Treasury Management is an activity associated with managements of cash and funds in an organisation. While managing the funds the treasury manager seeks to fulfill the objectives like: Availability of funds in right quantity: It is the duty of the treasury manager to ensure that after the funds have been arranged for day to day functioning of the unit; he also has to ensure that the funds are just adequate for the requirements neither more nor less. Availability of funds at right time: Timely availability of funds smoothens the operations of the firm and brings about certainty to the quantum of inflows that would be available at a particular point in time. Deployment of Funds in right quantity: In this regard, the treasury manager ensures that the right quantity of funds is deployed for various expense heads, parking of short-term funds and investing surplus funds. Deployment of funds at right time: Timely deployment ensures that the funds are not left idle for the shortest span of time. Profiting from availability and deployment: Once the funds have been sourced and deployed in correct measure, it results in avoidance of special and extraordinary costs, interests and the like. With costs being in control, surplus funds emerge from the system which is deployed profitably either as long term investments or as short-term parking tools. Both ways, the net result for the firm is an addition to profits.