Treasury Management

The necessity for a centralized treasury, and subsequent centralized cash flow forecasting, at a prominent global media company operating across more than 150 countries had become critical. With its central treasury team based in the U.K., each of the 150 countries from which the company operates managed its own cash flow forecasting, leading to significant issues starting with funding and market liquidity risks and ending with financial market risk.

A treasury management system (TMS) is an enterprise-wide solution that can oversee a range of financial activities at a global scale, including global liquidity management, FX transactions, financial risk mitigation, derivatives and bank account access.

AFP has teamed up with the International Accreditation Council for Business Education (IACBE) to further the reach of AFP’s University Partners Program (UPP). The IACBE is a leading outcomes-based professional accreditation agency for business and management education in colleges and universities whose primary purpose is excellence in teaching and learning.

Since January 1, 2024, the Corporate Transparency Act (CTA) clock has begun for compliance with the Beneficial Ownership Information (BOI) Reporting Rule.

Liquidity planning takes cash forecasting to the next level by harnessing APIs, AI and data analytics to make the forecasting process more efficient and enable real-time scenario modeling.

The importance of the relationship between treasury professionals and banks cannot be overstated. It’s one that needs to be managed as closely as any other treasury risk, as positive banking relationships create a system of financial stability and resiliency.