Although in theory the Senate still controlled the Aerarium, the public treasury often proved to be insufficient, and Augustus frequently supplemented the Aerarium with his own personal funds.
7) Later during his rule, Augustus established a special Aerarium Militare specifically to pay all soldiers' wages and pensions (Webber and Wildavsky 1986, 123).
There always were overlapping funds and functions between the Aerarium and the imperial budgets.
Within Bank of America's Aerarium forum, treasurers from some of the world's largest multinational corporations and financial institutions are having more success in opening that door to the boardroom, and they are relying upon new types of metrics to do it.
Some of the treasurers within Aerarium have instituted additional proprietary liquidity measures.
Comparing and contrasting our survey results with our Aerarium feedback is quite revealing.
Aerarium members benefit by being in the forefront of applying best of breed practices to their businesses.
The Bank of America (NYSE: BAC) Global Treasury Services (GTS) division today announced the formation of Aerarium, the Global Forum on Working Capital.
Bank of America GTS created Aerarium so that working capital management leaders would have a unique opportunity to identify, analyze and offer new solutions to the critical issues facing the industry.
Ultimately, the goal for Aerarium is for it to become a catalyst to develop solutions for the future needs of our clients, to influence business changes, and to be a forum for discussion and public policy recommendations," said Dan Riley, president of Global Treasury Services, Bank of America.
The inaugural Aerarium summit took place June 19-21 in Malaysia.
At the Malaysia summit last week, Aerarium members discussed topics such as centralization of data and function, the availability of credit, the impact of innovation, common standards in technology, the value of information, the future relationship between a corporation and its bank, and some of the best practices in working capital management.