International Cash Management Strategy

Attend all three days of our international suite of cash management seminars with Michele Allman-ward and save!

Day 3: Advanced Liquidity Management

In this final module we examine the different ways in which companies can structure their treasury organization; the many options with regard to banking structure and selecting appropriate banking partners. The final exercise allows participants to practice the skills learned by asking teams to work on a case study to design an efficient banking structure to optimize liquidity management.

Learning objectives:

• Understand the importance of managing liquidity
• Evaluate the different treasury structures and vehicles
• Review the options for liquidity management
• Learn the different banking structures that are currently available
• Put those the learned skills into practice through a case study which requires designing a liquidity structure

Prerequisites:

• This is an advanced course for participants who already have a knowledge of International Cash Management and need to build more hands-on skills in managing cross-border liquidity. It is strongly recommended that both the "International Cash Management Basics" and the "International Cash Management Tools" courses be taken before this one as this course builds on the concepts that are explained in the two previous ones.

Takeaways:

• Centralized versus decentralized treasury
• Treasury structures summary
• Notional pooling versus concentration
• Bank selection guidelines
• Case study, suggested solution
• Useful sources for more information on International Cash Management

Tentative Course Agenda:

8:30am

INTRODUCTION

8:45am

IMPORTANCE OF LIQUIDITY MANAGEMENT

• Why liquidity is important
• Issues with cross-border liquidity

8:45am

TREASURY STRUCTURES

• Evolution of treasury
• Treasury vehicles
  • Centralized versus decentralized
  • Payments and collections factories
  • Shared service center (SSC)
  • Commissionaire structure
  • Application service provider (ASP)
  • Business service provider (BSP)
  • Enterprise resource planning (ERP)
  • In-house bank
  • Treasury centers

Group Exercise

10:15am

BREAK

10:30am

LIQUIDITY MANAGEMENT OPTIONS

• Liquidity management models
• Liquidity management issues

Group Exercise

12:00pm

LUNCH

1:00pm

BANKING STRUCTURES

• Single bank, single location
• Multi-bank structures
• Partnership/Alliance banks
• Managing multi-bank structures
• Network (global/regional banks)
• Overlay structure
• Multi-bank notional pooling
• Pragmatic structure

Group Exercise

1:30pm

BREAK

1:45pm

PRACTICE RUN

2:00pm

CASE STUDY

3:00pm

TEAM PRESENTATIONS

4:00pm

DEBRIEF

4:15pm

CLOSE

Gain Continuing Education Credits

	CTP/CCM Recertification Credits International Cash Management Strategy is approved for up to 7 CTP/CCM recertification credits. Credit is earned at the rate of one credit per 50 minutes of treasury/cash management or finance-related session time, including questions and answers.
	CPE Credit The Association for Financial Professionals is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Eligible for up to 7.5 CPE Credits Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Web site: www.nasba.org

For more information regarding administrative policies, including submitting a complaint, please contact  AFP at 301.907.2862 or by email at AFP@AFPonline.org.