treasury best practices: improving global cash visibility

Jacob Nygren - Principal, Treasury Strategies

Greg Person - Vice President, Global Presales, Kyriba

Improving Global Cash Visibility – March 10th, 2016

© 2015 Kyriba Corp. All rights reserved. PROPRIETARY & CONFIDENTIAL. 2

Today’s Presenters

Jacob Nygren CTPPrincipal, Treasury [email protected]

Greg Person CTPVice President, Global Presales, [email protected]

mailto:[email protected]

mailto:[email protected]


Importance of global cash visibility

Global considerations

Strategic approach to achieving cash visibility

Benefits

Q&A

Agenda - Improving Global Cash Visibility

Importance of Visibility

‹#›© 2014 Kyriba Corporation. All rights reserved. PROPRIETARY & CONFIDENTIAL.

Importance of Visibility

Visibility is an enabler

Opportunity to make informed, effective decisions Borrowing and re-financing

Investing/cash optimization

Cash flow forecasting/variance analysis

Risk management/hedging

Visibility is more than just bank account balances

Global Considerations for Visibility


Do I understand my current liquidity structure… globally?

Global bank balance visibility

Corporate and local debt obligations (including i/c)

Available local credit lines

Local business and cash flows

Insight to future liquidity demands

– Forecasting objectives and process

– Seat during the planning process

– Internal alignment and buy-in

Comprehensive Global Visibility


What’s my liquidity position today?

1) Connect to all of my banks via:– Banking partner

– SWIFT (MT concentrator or service bureau)

–Direct connections to banks

– Country protocols (e.g. EBICS, Zengin)

– Treasury Management System

Tip: usually a combination is best

Global Visibility Considerations – Bank Connectivity


What’s my liquidity forecast tomorrow, next week / month?

2) Develop liquidity forecast:

– Identify the right people (e.g. regional controllers)

–Determine the right sources (e.g. ERP, credit lines, working capital analysis)

–Understand your company’s business objectives

– Implement the right technology to consolidate & provide feedback (e.g. TMS)

Global Visibility Considerations – Liquidity Forecast


How efficient is my liquidity structure?

3) Analyze effectiveness

–Do I have too few or too many banks?

–Do I have too few or too many bank accounts?

– Am I able to mobilize cash efficiently?

– Am I educated on regional tax implications and local regulations?

– Is my forecast accurate? If not, why?

Global Visibility Considerations – Process Efficiency

Strategic implications of Cash Visibility


Cash visibility is a top strategic challenge

Global Visibility


Challenges in getting global visibility

– Inefficient bank account structure

– Lack of streamlined technology

– Limited support from banking partners

Global Visibility


Overcoming Challenges

– Review and streamline your bank account structure

– Deploy an efficient technology infrastructure

– Leverage partners and relationships

Global Visibility


More effective cash management

Better forecasting

Greater control

More intelligent decision making

Elevation of Treasury

Benefits of Global Visibility


Establish a vision

Review existing practices / structures

Explore technology

Build a business case

Getting Started


Additional Resources

Best Practice Guide on Achieving Maximum Cash VisibilityGet Guide: http://kyri.ba/MaxCashVisibility

Further Reading:“Why cash visibility is critical – and not just if you’re cash-strapped”

http://kyri.ba/MaxCashVisibility

http://www.kyriba.com/blog/tim-wheatcroft/why-cash-visibility-critical-and-not-just-if-youre-cash-strapped


Thanks for attending

facebook.com/kyribacorp

twitter.com/kyribacorp

linkedin.com/company/kyriba-corporation

youtube.com/kyribacorp

slideshare.com/kyriba

kyriba.com/blog

treasury best practices: improving global cash visibility

Technology