Cost and process efficiencies remain top priorities for the finance function, but some organizations are passing up the opportunity to gain better control of companywide cash through in-house banking. IHB can help companies of all sizes improve process efficiency, reduce costs, and realize greater control over their cash. Still, there's a great deal of resistance to in-house banking within some organizations, typically stemming from concerns about regulations, controls, and restrictions on intercompany relationships intended to block tax dodging.

It's true that IHBs require extensive supporting documentation, as well as proof that relationships between affiliated entities are appropriately arm's-length (e.g., appropriate interest rates on loans) to achieve regulatory compliance. Essentially, companies must take steps to prove that they aren't using in-house banking to avoid taxes in the jurisdictions where they have operations. When they take these steps, the benefits are typically well worth the effort.