Contents
,Part One: The World of Corporate Treasury
Chapter One: Role of Treasury in a Global Corporation
Introducing Treasury Leadership
Organisation Structure and Responsibilities
Treasury Functions and Responsibilities
A Day at the Office—What Does the Treasurer Do?
Key Elements of Treasury Design
Chapter Three: Treasury Culture
Technical and Work-Related Skills
The Many Hats of the Treasurer
Chapter Four: Importance of Operations and Control Efficiency
Different Offices: Front, Middle, and Back
Part Two: Transactions and Cash Management
Chapter Five: Account Management and Structure
Putting an Account Structure in Place
Account Operation and Approaches
Rationalising Account Structures
Examples of Account Structures Across Sectors
Chapter Six: The Movement of Money
Domestic Clearing and Settlement Systems
Cross-Border Payments and Collections
Benefits and Caveats of a Good Netting Solution
Chapter Eight: Liquidity Management Introduction and Float
Introducing Liquidity Management
Chapter Nine: Cash Pooling and Efficiency
Implementation Aspects of Concentration Structures
Chapter Ten: Cash Flow Forecasting
Forecasting in the Context of Liquidity Management
Part Three: Balance Sheet and Liquidity Management
Chapter Eleven: Liquidity and Working Capital
Working Capital in the Operating Cycle
Financial Supply Chain and Its Potential Pain Points
Chapter Twelve: Financial Strength and Linkages with Liquidity
Importance of Company Financials
Chapter Thirteen: Sources of Capital
Factors in the Capital Decision
Chapter Fourteen: Financing the Supply Chain
Physical and Financial Supply Chains
Chapter Fifteen: Managing Operating Cash and Investments
Considerations and Aspects of Investment Decisions
Chapter Sixteen: Credit Ratings and Bank Credit Assessment
Bank Credit Assessment Process
Important Focus Areas and Discussion Points with Banks During Credit Reviews
Part Four: Markets and Risk Management
Chapter Seventeen: Art and Science of Risk Management
Chapter Eighteen: Markets and Risk Aspects of Each Market
Chapter Nineteen: Risk Management in Practice: Ensuring the Right IMAGE©
Chapter Twenty: Products for Managing Risk
Chapter Twenty One: Combining the Products to Manage Risk: Risk Governance
Devising Risk Strategy Using Products
Liquidity Risk: Balance Sheet and Asset-Liability Management
Operations and Technology Risk
Chapter Twenty Two: Risk Management Governance Strategies
Key Elements of the Governance Strategy
Chapter Twenty Three: Operational Aspects
Chapter Twenty Four: Treasury Policy
Aspects of Policy Implementation that Need Closer Scrutiny
Chapter Twenty Five: Treasury Systems
Treasury Management System Background
Chapter Twenty Six: Centralisation
Chapter Twenty Seven: Key Performance Metrics for a Treasury
Introducing Performance Metrics
Some Criteria for Deciding Performance Metrics
Some Caveats on Metrics and Evaluation
Sample Treasury Performance Metrics
Chapter Twenty Eight: Banks and Service Relationships
Sample Bank Organisation Structure
Banking Services and Products for a Corporate Treasury
Bank Selection and RFP Process
Service and Relationship Management
Chapter Twenty Nine: Operations and Control Checklist
Some Common Causes for Error and Control Lapses
Chapter Thirty One: Building and Sustaining a Treasury Culture
Chapter Thirty Two: Managing Treasury in Uncertain Times
Uncertainty and Its Impact on Treasury Management
Simple Method to Manage Treasury During Times of Uncertainty