Cash Management: A User’s Perspective – The How’s, Why’s and Wherefores


Too often, a bank’s commercial customer has to endure multiple sign-ons; navigate to different Websites to access the various ancillary features in the TM suite; and administer security and end-user rights across the suite from several different locations.

For banks at which any of these situations are true, it is likely the lack of integration is strangling customer utilization of the TM suite. We cannot expect more usage if we only halfway pay attention to all-important integration.


Why should you attend?

Cash is King! You’ve heard that I’m sure. But managing cash can be a pain in the butt. Establishing procedures, maintaining banking relationships, and getting good, reliable information are some of the key elements of good cash management.

The larger the company, the more complex the issues and hence the solutions. No longer a pencil and paper enterprise; managing cash is the Rubik’s Cube of finance.

A bank that is not making its commercial customers’ lives easier cannot expect them to utilize its Cash Management products. Internet cash management is typically the anchor product and ancillary systems such as ACH, positive pay and bill pay are often bolted on as an afterthought.

 Who Will Benefit:

  • Treasurers
  • Cash Managers
  • Assistant Treasurers
  • Operations managers
  • Payments managers
  • Compliance Officers
  • Accountants and CPAs
  • Accounts receivables managers
  • Accounts payables managers
  • Procurement managers


Day 1 Schedule:

Lecture 1: Cash Management Basics

  • Inflows, outflows, and information
  • Bank products and services
  • Where to get data
  • Internal and external information

Lecture 2: Managing daily cash

  • Cash position
  • Budgeting and forecasting
  • Excel versus Treasury workstations
  • Department structure

Lecture 3: Fraud and Security

  • Payments fraud
  • Security Issues
  • Responsibilities and permissions

Lecture 4: Case Study and discussion

Day 2 Schedule:

Lecture 1: Choosing a Bank

  • Banking connections
  • Selecting a bank(s)
  • RFP Process
  • Specific industry requirements
  • Customer service

Lecture 2: Funding sources

  • Credit sources
  • Credit offerings
    • Reasonable cost
    • Reasonable covenants
  • Factoring
  • Cash flow
  • Investments

Lecture 3: Key Success Factors

  • High accuracy
  • Quick error resolution
  • Timely reporting
  • Comprehensive offering
  • Automation
    • Systems integration
    • Customization/configuration
    • Innovation

Lecture 4: Open discussion and summary

Read More :

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