New senior manager for Barclays cash management service

Saturday 14 June 2014

Barclays Wealth and Investment Management has appointed a new local specialist cash manager.

Sam Johnson has joined the local team and has responsibility for Jersey, Guernsey and the Isle of Man. He has nine years’ banking experience in a variety of cash management roles working predominantly with clients within professional practices, financial institutions and non-bank financial Institution sectors.

Barclays has also introduced a number of improvements to its cash management service to increase the support for business clients and making the way they conduct their transactional banking more efficient.

These include improvements to online payment authorisation processes, the introduction of an online file converter tool with increased flexibility when making a large number of payments. 

“Addressing operational efficiency is high on the priority list for many businesses however this can be difficult to achieve with cash management processes, due to the number of financial transactions and the number of different stages in the processing cycle,” said Mr Johnson.

“Our enhanced service can support our client base in taking complete control of the flow of money through their organisations. This has a number of benefits for clients including peace of mind knowing that all transactions are being managed accurately and efficiently and ensuring that processes are more aligned with the strategic goals of the business.”