IS ADVANCED CASH MANAGEMENT RIGHT FOR YOU?
Yes, if you are:
- Managing the treasury or cash management function on a multi-domestic and multi-currency basis, centralising both payments and receivables and providing reconciliation support. This includes optimising liquidity for the investment of surpluses or the funding of deficits on a regional and global basis.
WHAT WILL YOU GAIN FROM THE ADVANCED CASH MANAGEMENT COURSE?
- A course delivered by seasoned practitioners from both banking and corporate treasury, offering the unique ability to see both the demand and supply sides of cash management.
- A comprehensive and detailed online programme, broken down into four modules over four consecutive days. Each module will cover key aspects of Cash Management in order to strengthen understanding
- Live practice on exercises, real case studies with the emphasis on group work
- The course will provide you with valuable practical skills you can instantly use at work.
ADVANCED CASH MANAGEMENT COURSE STRUCTURE
Introductions, objective setting and core definitions
- Objectives: group session to establish key learning objectives for the two days including specific topics of interest
- Core definitions and introducing the “The House of Cash Management”
Cash management in practice
- Introductory presentation by a senior group treasurer
- Importance of Cash Management to a group treasurer
- Enhancing visibility of cash
- Improving the forecasting of cash
- Optimising the use of cash
- Investing surpluses / reducing debt
“The House of Cash Management”
- The foundations of a cash management solution
- The importance of the relationship between the company/institution and the bank
- Credit appetite: in both directions!
- Wallet share against balance sheet usage
- “The House of Client Engagement”
Bank account structures
- Bank accounts and their domicile/locations
- Bank account structures/partner banking
- Matching the cash flows of the company/institution
- Real bank accounts versus virtual bank accounts
- Know Your Customer: compliance
- Regulation and documentation
Payables and receivables
- Domestic clearing systems
- International clearing Systems
- Float/value/ “cleared”/finality
- POBO and ROBO developments
- “All Dollars are in New York”
- The use of multi-lateral netting systems
Liquidity and finance – the management of both surpluses and deficits
- Single currency/multi-currency
- Cash concentration and / or notional pooling
- Interest optimisation and interest enhancement
- Europe: a case study for liquidity
The technical infrastructure of cash management solutions
- Treasury: TMS/ERP/system integration
- Bank: e-channels/internet portals/host to host linkages/reconciliation data
- Both: SWIFT/corporate SWIFT/formatting [XML]
Other impacts around cash management
- Global Trade
- Receivables finance, payables finance/supply chain finance
- Working capital management/optimisation
- Foreign exchange/derivatives
- Asset management solutions [off balance sheet]
- Securities and custody
External Factors affecting cash management solutions
- The treasurer and the bank
- Regulators / Basel III / CRD4
Bringing it all together
- A Case Study: ABC Corporation.
- Judotist Incorporated
Plenary and action planning
- What is the current extent of your knowledge of Cash Management?
- Have you achieved what you set out to learn?
- How will you be applying this at work?
The course will be covered over four highly interactive sessions, each session lasting 3 hours with a 30-minute break after 90 minutes. The sessions will be held on four consecutive days. You will receive pre-course material in advance of the day.
Date: 13-16 October
- Registration 9am
- Session timings each day
All sessions are designed to optimise your learning experience with ample opportunity for you to engage with the trainer and other course participants throughout the virtual classroom. In this environment, the trainer will cover the course content and learning outcomes using different perspectives to reinforce understanding and practical application of knowledge.
Session 1: 3 hours (with a 30-minute break after 90 minutes)
- Introductions, objectives setting and core definitions
- Cash management in practice - this is setting out the goals of cash management for a group treasurer
- Overview of The House of Cash Management
- Bank Account Structures
- On-line multi choice quiz covering the above content.
Session 2: 3 hours (with a 30-minute break after 90 minutes)
- Payables and Receivables
- Start Case study one ‘ABC Company Limited’ in virtual groups - provide case study overview and delegates in their virtual groups to provide collective view on where bank accounts may need structured to incorporate the transaction types in the most efficient manner.
Session 3: 3 hours (with a 30-minute break after 90 minutes)
- Liquidity and Finance - the management and optimisation of both surpluses and deficits
- The technical infrastructure around cash management
- The continuation of case study one by amending after the feedback provided at the end of session 2, plus then including the optimal Liquidity and Finance option in each region and the technical infrastructure required to manage this on a local, regional and global perspective.
Session 4: 3 hours (with a 30-minute break after 90 minutes)
- Reflect on case study one, including an overview of the actual structure in use today
- Other impacts around cash management
- External factors affecting cash management solutions
- Case study 2 - overview provided, again working in virtual groups, now using all the knowledge gained from the previous 3 sessions
- Present the ideal solution as XYZ Corporation moves from a de-centralised treasury process to a centralised treasury process and finally to run through the actual live structure in use today
- End of course reflection, including how each delegate now feels about Cash Management.
A recording of the course and presentation material and more importantly, valuable practical skills you can instantly use at work.
Richard's status within the Corporate Treasury world was recognised in 2012 when, upon his retirement from the HSBC Group, he was made Honarary Fellow of the ACT. Since his retirement, Richard has offered both Consultancy and Training to both corporate and banking employees, in order to pass on his wealth of knowledge in his chosen field.
At Barclays Corporate in 2008, he was tasked with ‘professionalising’ the UK Cash Management Sales Teams and rolling out a specialist National Deposit Sales Team responsible for the conquest of new sources of liquidity for the bank whilst aligning behaviours of the generalist sales force to the banks strategy. In parallel to this, he co-ordinated the formation of the International Sales Teams and in 2012 moved to the US to launch the Barclays Corporate in North America.
Since retiring from banking in 2014, Andy has focused his time offering Consultancy & Training to the next generation of Cash Management professionals. In addition to working with the ACT, Andy has also worked with organisations such as Deutsche, HSBC, JP Morgan, Soc Gen and others as he enjoys passing on his decades of knowledge to those who wish to learn.
Dates and times:
Date: 13-16 October
- Registration 9am
- Session timings each day
From £1275* (15% discount off the standard rate)
*fees are subject to local rate of VAT where applicable
Group discounts - if three or more people from the same organisation book onto any ACT training course, they qualify for 25% off the combined course fee **
We can also deliver this advanced cash management training course to companies with teams that are interested in taking the course, tailoring it to your business needs. Find out more about in-company solutions here.