Thank you for sending your enquiry! One of our team members will contact you shortly.
Thank you for sending your booking! One of our team members will contact you shortly.
Course Outline
Day 1: Core Principles of Cash Management and Daily Positioning
- Overview of corporate cash management
- Duties and responsibilities in cash management
- The connection between treasury, finance, accounting, procurement, and operations
- Distinguishing profit, cash flow, and liquidity
- Analyzing cash inflows, outflows, and liquidity
- Basics of the cash conversion cycle
- Cash flows from operating, investing, and financing activities
- Assessing bank balances and available cash
- Methods for daily cash positioning
- Challenges in achieving cash visibility
- Reporting on daily liquidity
- Hands-on activity: Preparing daily cash positions
Day 2: Forecasting Cash Flows and Planning Liquidity
- Fundamentals of cash-flow forecasting
- Direct and indirect forecasting techniques
- Defining forecast horizons and planning periods
- Rolling forecasts and liquidity planning strategies
- Predicting customer receipts and operational payments
- Forecasting debt repayments and capital expenditures
- Handling uncertainty in forecasts
- Scenario planning and sensitivity analysis
- Analyzing variances in forecasts
- Enhancing forecast accuracy and governance
- Hands-on activity: Creating a 13-week cash-flow forecast
- Workshop on analyzing forecast variances
Day 3: Working Capital and Internal Cash Optimization
- Essentials of working capital management
- Optimizing receivables, payables, and inventory
- Days Sales Outstanding (DSO)
- Days Payable Outstanding (DPO)
- Inventory Holding Days
- Analyzing the Cash Conversion Cycle
- Enhancing collection and invoicing processes
- Managing overdue receivables
- Strategies for supplier payments
- Evaluating early payment discounts
- Techniques for inventory optimization
- Cross-functional initiatives for working capital
- Practical exercise in working capital analysis
- Group activity: Planning improvements
Day 4: Banking, Payments, Funding, and Cash Concentration
- Managing corporate bank accounts
- Managing banking relationships
- Reviewing bank fees and services
- Domestic and international payment methods
- Controls for payment approval and authorization
- Fraud prevention and payment security
- Segregation of duties and internal controls
- Structures for cash concentration and pooling
- Zero balancing and target balancing
- Intercompany funding arrangements
- Short-term funding possibilities
- Overdrafts, revolving facilities, and loans
- Short-term investments and deposits
- Hands-on activity: Comparing funding options
- Case study on preventing payment fraud
Day 5: Cash Risk, Reporting, Technology, and Improvement Planning
- Managing liquidity and funding risks
- Counterparty and banking risks
- Operational and payment risks
- Interest-rate and foreign exchange risks
- Treasury technology and cash management systems
- Bank portals and treasury management systems
- Automated reconciliation and reporting
- Dashboards and KPIs for cash management
- Developing policies and governance
- Management and liquidity reporting
- Integrated case study on cash management
- Planning for cash management improvements
- Final assessment and participant presentations
Requirements
It is recommended that participants possess:
- A foundational grasp of finance, accounting, or treasury operations.
- Acquaintance with financial statements and cash flow principles.
- Background in finance, accounting, treasury, budgeting, or similar business roles is advantageous, though not essential.
- Competence in basic spreadsheets for forecasting and analytical tasks
35 Hours
Testimonials (2)
Fun to talk
Jihan Fadila - BAF
Course - Root Cause Analysis (RCA) for Internal Audit
Very practical. Trainer was very flexible in ensuring we meet our needs.
