優點：

1. 地方部門可能更容易發現多樣化的資金來源和匹配當地資產。Local departments may find it easier to diversify sources of finance and match local assets.

2. 不利于鼓舞地方部門的管理層，他們沒有自主權來做現金管理，也很難評估 其表現，尤其重大決定都是由中央來做的時候。 Centralized management means that managers in subsidiaries and divisions are not motivated by being given the autonomy to deal with cash management and it may be difficult to assess their performance if the major decisions are being made centrally.放權給地方部門，可以 激勵他們更努力為公司賺錢。Giving subsidiary companies more autonomy on how they undertake their own fund management may result in increased motivation and effort from the subsidiary’s senior management and thereby increase future income.

3. 但某個運營單位有需求時，分權財政功能可以快速反應。A decentralized treasury function may be more responsive to the needs of individual operating units.

4. 當地方部門有盈余資金，分權的財政功能可以更快更方便的將其投入到短期 項 目 上 來 賺 錢 。 A decentralized operation may find it easier to invest its own balances quickly on a short-term basis than a centralized function would.

5. 如果分部很偏遠，中央集權很難監督，無法獲得相關的信息。A central function may find it difficult to monitor remote sites, it may be difficult to obtain information from those sites.

6. 子公司更清楚當地的法規，習俗和實踐經驗。Each subsidiary company may be better p;aced to take local regulations,custom and practice into consideration.

7. Subsidiary companies which have access to their own funds may be able to respond to opportunities quicker and establish competitive advantage more effectively.子公司有自己來錢的渠道，便于更快抓住機遇，更有效率的建立競爭 優勢。