For example, large two-wheeler manufacturers in India, such as
Bajaj Auto and TVS Motors, who sell over a million vehicles an-
nually, face the challenge of reducing the float in clearing checks
from their dealers countrywide. ICICI has delivered a cash man-
agement feature connecting dealers of these firms with their cor-
porate offices so that information from a dealer’s check is itself
treated as collection and directly linked to the financial systems of
these manufacturers. This has reduced the collection time from
weeks to a few hours.
This approach is closer to N = 1 and R = G, since the bank’s
corporate customers in the past have had their own unique ...