Global Liquidity Guide Series

An in-depth look at a specified topic that is developed via interviews with treasury professionals. Presented as quarterly case studies, with practical applications and tools such as models and checklists.

AFP Guide to Global Visibility of Cash
Gaining greater visibility of cash is becoming ever more important for international treasury practitioners. Fundamentally, having a better view of cash and cash flows allows an organization to operate more efficiently and with a better understanding of, and therefore control over, risk. This paper looks at the benefits of achieving global visibility of cash, identifies the main techniques used to do so, and outlines the main barriers to using them. It also provides a guide to the key stages in implementing a solution and concludes with an appendix outlining the tools available to improve cash visibility in key markets around the world.

AFP Guide to Short-term Investment Strategies to Manage Financial Risk
Today’s strategic treasurers understand that all short-term investment decisions are fundamentally about managing risk. In every case, the cash to be invested over the short term must be placed somewhere. Whatever the decision made, the treasurer will need to have a clear understanding of the fundamental objectives of investing: maintaining principal, ensuring liquidity, and maximizing yield. This paper is intended to give the reader the tools to develop an investment strategy for managing global cash and the associated financial risks.

AFP Guide to Mobilizing Global Cash
In today’s volatile and dynamic market environment, global treasury operations are consistently being challenged with optimizing liquidity. For leading, multinational treasuries, deploying optimized cash mobilization structures through notional or physical cash pools proves to be the key to unlock liquidity and mitigate risk. This guide looks at the reasons for mobilizing global cash, identifies the main techniques used to do so, and outlines the main barriers to using these techniques.

AFP Guide to Strategic Global Cash Position Forecasting
There are many organizations which need to develop a global cash position. These include multinational organizations with operations in many countries around the world, as well as domestically focused businesses with sales or production units outside their home markets. All these organizations need to know their cash positions to support their decision-making. This guide assesses the techniques required to develop a series of global cash position forecasts. It focuses on forecasting operating cash positions for short-term liquidity management purposes.