Frequently Asked Questions

Answers to all your questions

General

What services do you offer as a treasury consultanT?
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We offer a wide range of services, including cash and liquidity management, risk management, treasury technology implementation, financial planning, banking relationship management, and working capital optimization.

How can a treasury consultant help us improve cash flow management?
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We help businesses optimize their cash flow by enhancing forecasting accuracy, improving liquidity strategies, streamlining payments and collections, and reducing idle cash, ensuring that funds are available when needed.

What industries do you specialize in for treasury consulting?
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We work with a variety of industries, including manufacturing, retail, financial services, healthcare, and technology. Our consultants have expertise in adapting solutions to fit the unique needs of each sector.

Can you help us implement new treasury software systems?
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Yes, we provide end-to-end support for the selection, implementation, and integration of treasury management systems (TMS) that align with your business needs.

What are the typical challenges you help businesses overcome in treasury operations?
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We assist with challenges such as poor cash visibility, inefficient cash flow, ineffective risk management, fragmented banking relationships, and the need for improved treasury technology.

How do you assist companies with identifying and managing financial risks?
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We conduct risk assessments to identify areas of exposure, such as interest rate fluctuations, currency volatility, and credit risks, then design strategies to mitigate these risks using hedging, diversification, and policy adjustments.

What are the key treasury risks companies face, and how can they be mitigated?
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Key risks include liquidity risk, foreign exchange risk, interest rate risk, and operational risk. We help mitigate these through effective forecasting, hedging strategies, and robust treasury controls.

Can you help us develop a foreign exchange (FX) risk management strategy?
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Yes, we develop tailored FX risk management strategies, including hedging instruments, to help minimize the impact of currency fluctuations on your business

Do you also support Intercompany Netting
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Yes we can support corporates to save unnecessary bank fees by netting internal invoices. This will also allow them to hedge risks from headquarters’ perspective, rather than from a subsidiary point of view. The process will save a lot of time due to automatic creation of netting invoices,  journal entries etc.

Interim Treasurer

What qualifications does your interim 'treasury Analyst' hold?
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Our typical treasury analyst has a Bachelor’s Degree in Finance, Accounting, Business Administration, or a related field and 3-4 years of working experience.

Skills:
-Proficiency in financial analysis and modeling.
-Strong attention to detail and accuracy.
-Good understanding of financial markets and instruments.
-Ability to work with financial systems and software (e.g., ERP systems).
-Strong communication and organisational skills.

What qualifications does your interim 'Cash manager' hold?
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Our typical Cash Manager has a Bachelor’s Degree in Finance, Accounting, Business Administration, or a related field and 4-6 years of working experience.

Skills:
-Strong cash management and liquidity planning skills
-Proficiency in financial software and systems.
-Excellent analytical and problem-solving abilities.
-Effective communication and interpersonal skills.
-Ability to work under pressure and manage multiple tasks

What qualifications does your interim 'treasury manager" hold?
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Our typical Treasury Manager has a Bachelor’s Degree in Finance, Accounting, Business Administration, or a related field and 6-10 years of working experience. They usually are certified (CFA/Registered Treasurer).

Skills:
-Strong leadership and team management skills.
-In-depth knowledge of treasury functions and financial markets.
-Proficiency in treasury management systems and financial modeling.
-Excellent analytical, organizational, and communication skills.
-Experience with regulatory compliance and risk management.

What qualifications does your interim 'Head of treasury' hold?
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Our typical Head of Treasury has a Bachelor’s Degree in Finance, Accounting, Business Administration, or a related field and 10+ years of working experience. They are certified (CFA/Registered Treasurer).

Skills:
-Strong leadership and strategic planning abilities.
-Comprehensive understanding of financial markets, instruments, and risk management.
-Expertise in cash management, debt structuring, and investment strategies.
-Excellent communication, negotiation, and stakeholder management skills.
-Proven track record in managing large teams and complex projects.

What are the typical challenges you help businesses overcome in treasury operations?
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We assist with challenges such as poor cash visibility, inefficient cash flow, ineffective risk management, fragmented banking relationships, and the need for improved treasury technology.

Can you assist with regulatory compliance related to risk management?
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Yes, we ensure your strategies align with relevant regulations.

How long does a typical treasury consultancy project take?
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The duration varies based on the scope of the project, but typical engagements can last from several weeks to a few months. We also offer ongoing support if needed.

Payment Strategy

What is a payment strategy?
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A payment strategy is a comprehensive plan that outlines how a business will handle all aspects of receiving, processing, and managing payments. It includes selecting payment methods, managing cash flow, setting up payment gateways, and ensuring secure transactions.

Why is a payment strategy important for my business?
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A payment strategy is crucial as it helps optimize cash flow, reduce transaction costs, increase customer satisfaction by offering preferred payment methods, and enhance security, ultimately contributing to the financial health and growth of the business.

What payment methods should I include in my strategy?
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Your payment strategy should include methods that align with your customer preferences and business model. Common options include credit/debit cards, bank transfers, mobile payments, e-wallets, and alternative payment methods like PayPal or cryptocurrency.

How do I choose the right payment gateway?
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When selecting a payment gateway, consider factors such as transaction fees, security features, ease of integration, supported payment methods, customer support, and whether it aligns with your business needs and budget.

How can I reduce payment processing fees?
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You can reduce payment processing fees by negotiating rates with payment processors, choosing a gateway with competitive fees, reducing chargebacks, and considering bulk transaction discounts or alternative payment methods with lower fees.

How do I manage international payments in my strategy?
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Managing international payments involves offering multiple currency options, using global payment gateways, understanding international fees and taxes, and ensuring compliance with local regulations to facilitate seamless cross-border transactions.

How can I integrate mobile payments into my strategy?
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To integrate mobile payments, choose a payment gateway that supports mobile transactions, optimize your website or app for mobile use, and offer popular mobile payment options like Apple Pay, Google Pay, or QR code payments.

Treasury Technology

How do you assist with treasury management system (TMS) integration?
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We provide end-to-end support, from system selection to implementation and training.

What TMS platforms do you specialize in?
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We work with leading platforms like Integrity, tm5, Trinity TMS, IT2, Kyriba, Broadridge, Omikron, SAP Treasury, FX ALL, 360T and OFX.

Can you optimize our current TMS setup?
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Yes, we can audit and optimize your existing system to improve efficiency. Since prices of many systems have come down significantly; it sometimes makes sense to migrate to another system. Our consultants can make this analysis.

How do you handle TMS upgrades?
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We manage upgrades with minimal disruption, ensuring all customizations are preserved. Since prices of many systems have come down significantly; it sometimes makes sense to migrate to another system. Our consultants can make this analysis.

Do you offer TMS training for our team?
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Yes, we provide comprehensive training tailored to your team's needs.

Can you integrate TMS with our ERP system?
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Yes, we specialize in seamless integrations with major ERP systems. This can be useful in the area of Liqudity Planning & Payments.

What is the typical timeline for a TMS implementation?
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Implementation timelines vary but generally range from 3 to 6 months. We follow a structured approach with thorough testing and user training.

Treasury Accounting

Do you have experience with Multi currency accounting?
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We provide end-to-end support with the automatic creation of accounting events generated by a local (Transaction) Currency Value and Base (Ledger) Currency Value. These values can be booked with transaction and base currency. All you need is the right system !

Can you help us to define mapping rules?
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Yes, user-defined mapping rules can de set up based on different transaction parameters. We can help you to select the right system that supports this.

Can you help us to set up user-defined accounting periods?
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There are many systems on the market that offer an accounting functionality that support this. Some are more easy and flexible than others. Depending on your needs and budget we can help you to select the system that works best for you.

Is it possible to enrich accounTing records with non treasury data?
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Depending on the system, accounting records can be enrichted with (non-treasury) data. Depending on your needs and budget we can help you to select the system that works best for you.

DO you have experience with FX HEdge accounting?
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There are different methodologies (Dollar Off set / Relative Risk Reduction) to calculate the effectiveness and fair values. Our consultants can help you to implememt this process in a way that it can be maintained with minimal effort.