treasury team structures and best practices

Treasury Team Structures and Best Practices

Presented by Kyriba CorporationFebruary 21, 2013

© 2013 Kyriba Corporation. All rights reserved. PRIVILEGED & CONFIDENTIAL. 2

Nilly EssaidesDirector, Practitioner Content DevelopmentAssociation for Financial [email protected]

Bob StarkVice President, StrategyKyriba [email protected]

Introductions

Today’s Presenters

mailto:[email protected]



CTC Guide – Global Treasury Structures

Highlights• Introduce treasury

structures

• Reasons to explore treasury structures

• Driver of strategic value

• Enablement by treasury technology

Download the CTC Guide: Global Treasury Structures at

http://www.kyriba.com/resources/library

http://www.kyriba.com/resources/library


“Several new developments are driving treasurers across the organizational and business spectrum to take a closer look at how treasury is organized.”

Key drivers

1) International Growth

2) More Affordable Technology

3) More Strategic, Less Tactical

Why the focus on treasury structures?


“While some companies are still struggling to centralize, more organizations are seeing the value in putting ‘boots on the ground’ closer to operating businesses”

Key questions

1) Why not centralize everything?

2) What are the options?

Centralization vs. Decentralization


“It is a journey…not a destination… for a company and to be successful you should have a vision of the future state’s goals and requirements.”

Key question

1) What are the two phases to the evolution of treasury structures?

Implementing Structures


What kind of treasury structure has your organization implemented?

a) Centralized

b) Decentralized

c) Something in between

d) Not sure

Audience Question


“Leading-edge treasuries are adept at achieving this new balance. Centralizing everything ‘doesn’t necessarily make sense’”.

Key questions

1) What defines a hybrid structure?

2) Does a hybrid structure require regional treasury centers/hubs?

3) How does one define what kind of hybrid structure they want?

Hybrid Structures


“We’re finding that treasury platforms (technology and organization) are much more aligned to the overall strategic objectives of the company.”

Key questions

1) What are examples of business value that were offered as strategic benefits?

2) What is driving this strategic view of treasury?

Strategic Impact


“The next generation of treasury organizations takes treasury outside its usual comfort zone into a collaborative effort with the operations.”

Key questions

1) What are examples of collaboration found in the project?

2) Collaboration more often at HQ or in decentralized offices?

Collaboration


“It is no longer enough just to input data or create a cash forecast. Companies are looking for people who can think about the data and present it in a way that reflects their specific risks associated with operating in a particular region.”

Key questions

1) What are the two most important benefits of technology in this context

2) How is the cloud important in this context?

Technology


“It is no longer enough just to input data or create a cash forecast. Companies are looking for people who can think about the data and present it in a way that reflects their specific risks associated with operating in a particular region.”

Key questions

3) Establishing ROI for treasury technology is imperative. What did companies share about how they built ROI for technology?

Technology


Do you believe that your organization has the right technology solutions in place?

a) Yes

b) No

c) Not sure

Audience Question


“Taking the First Steps”$1.6 Billion Midwest multinationalOperates 11 countriesDecentralized treasury

Key question

1) What would help this organization meet their treasury goals?

Case Studies – Company 1


“Getting Ready for Global Growth”$ Billion CompanyRapidly GrowingReady to roll out internationally

Key question

1) Company proactively participated in design of the organizational structure. What opportunity did this allow them?



“Reengineering the Information Flow”$3 Billion CompanyGoing through transformation –> treasury’s roleHybrid structure

Key question

1) Company used metrics to measure efficiency of their treasury structure. Why wouldn’t everyone do this?



“Dell’s Virtual Treasury”$62B technology companyVery internationalNext generation treasury structures

Key question• Worth the download of the report on its own!



Do you feel that your organization has the optimal treasury structure in place?

a) Yes

b) No

c) I did, but not so sure now

Audience Question


“Don’t buy what you don’t need”

Key question

1) What did you find were the most important lessons that organizations should consider to start them thinking about whether they have the optimal treasury structure?

Key Takeaways


“Treasury experts urge companies to outline business requirements and request a scripted demo/presentation before buying any system”

Key question

1) What did you find in terms of considering treasury technology to support a company’s desired treasury structure?

Key Takeaways


Who Realizes the Benefits?

Key questions

1) Are there benefits to be had for all organization sizes?

2) Are benefits different for smaller companies?

Key Takeaways


Summary

Drivers for ChangeInternational Growth

More Affordable TechnologyMore Strategic, Less Tactical

Choosing StructuresBusiness size

Treasury’s RoleCompany Business Model

Treasury TechnologyDon’t buy what you don’t need

Technology can enableCloud can offer benefits

Variety of StructuresCentralized

DecentralizedHybrid Structure

Creating Business ValueSpecialize people/region

Efficient movement of fundsImprove working capital


CTC Guide: Global Treasury Structures

AFP's CTC Guide to Global Treasury Structure, underwritten by Kyriba, provides insight into how treasury is streamlining its operations, implementing technology and reassessing the tools that are necessary to succeed globally.

You can download the guide at http://info.kyriba.com/CTCGU-SSPPT.html

http://info.kyriba.com/CTCGU-SSPPT.html


Nilly EssaidesDirector, Practitioner Content DevelopmentAssociation for Financial [email protected]

Bob StarkVice President, StrategyKyriba [email protected]

Questions?

Today’s Presenters

Download the recording of the webinar at http://www.kyriba.com/resources/webinars/treasury-team-structures-and-best-practices

http://www.kyriba.com/resources/webinars/treasury-team-structures-and-best-practices-22113-11am-edt-12-ctpccm-credits http://www.kyriba.com/resources/webinars/treasury-team-structures-and-best-practices-22113-11am-edt-12-ctpccm-credits



http://www.kyriba.com/resources/webinars/treasury-team-structures-and-best-practices



http://www.kyriba.com/resources/webinars/treasury-team-structures-and-best-practices-22113-11am-edt-12-ctpccm-credits

http://www.kyriba.com/resources/webinars/treasury-team-structures-and-best-practices-22113-11am-edt-12-ctpccm-credits

treasury team structures and best practices

Documents