Modernizing Treasury Operations Training Course: Streamlining For Success

Introduction:

Today's treasury function must be agile, efficient, and strategic. This comprehensive training course on Modernizing Treasury Operations equips participants with the knowledge and practical skills to transform their treasury departments through automation, centralization, and optimization. Participants will learn how to streamline processes, improve efficiency, enhance control, and free up valuable time for strategic initiatives. This course empowers treasury professionals to embrace modern technologies and best practices, contributing to a more effective and value-driven treasury function.

Target Audience:

This course is designed for treasury professionals who are seeking to modernize their operations and improve performance, including:

• Treasury Managers and Analysts
• Cash Managers
• Finance Managers
• Controllers
• Anyone seeking to streamline and optimize treasury processes

Course Objectives:

Upon completion of this Modernizing Treasury Operations training course, participants will be able to:

• Identify opportunities for automation within treasury processes.
• Implement automation solutions to streamline routine tasks.
• Understand the benefits of centralization in treasury operations.
• Develop strategies for centralizing treasury functions.
• Optimize cash management practices for improved efficiency.
• Enhance liquidity management and forecasting.
• Improve treasury controls and reduce risk.
• Leverage technology to support modern treasury operations.
• Contribute to a more efficient and strategic treasury function.
• Drive cost savings and improve overall treasury performance.

DURATION

5 Days

COURSE CONTENT

Module 1: Introduction to Modern Treasury Operations

• The evolving role of treasury in modern organizations.
• The need for modernization and transformation in treasury.
• Key drivers for modernizing treasury operations: efficiency, control, and strategy.
• Overview of automation, centralization, and optimization.
• Setting the stage for successful treasury modernization.

Module 2: Automating Treasury Processes

• Identifying opportunities for automation in treasury.
• Robotic Process Automation (RPA) for treasury tasks.
• Automating payments, reconciliations, and reporting.
• Workflow automation and process optimization.
• Benefits and challenges of treasury automation.

Module 3: Centralizing Treasury Functions

• The advantages of centralizing treasury operations.
• Developing a centralization strategy.
• Centralizing cash management, payments, and investments.
• Implementing a treasury management system (TMS).
• Managing the transition to a centralized treasury model.

Module 4: Optimizing Cash Management

• Cash forecasting and liquidity management.
• Bank relationship management.
• Cash pooling and sweeping.
• Short-term investing and cash optimization.
• Improving cash flow visibility and control.

Module 5: Enhancing Liquidity Management

• Liquidity risk management and stress testing.
• Developing contingency funding plans.
• Optimizing short-term borrowing and investment strategies.
• Managing foreign exchange risk.
• Improving liquidity forecasting accuracy.

Module 6: Improving Treasury Controls and Security

• Implementing robust internal controls.
• Fraud prevention and detection.
• Cybersecurity in treasury operations.
• Compliance and regulatory requirements.
• Enhancing treasury security and mitigating risks.

Module 7: Leveraging Technology for Modern Treasury

• Treasury Management Systems (TMS).
• Enterprise Resource Planning (ERP) integration.
• Cloud-based treasury solutions.
• Data analytics and business intelligence for treasury.
• Emerging technologies in treasury (e.g., blockchain, AI).

Module 8: Performance Measurement and Reporting

• Key performance indicators (KPIs) for treasury.
• Developing treasury dashboards and reports.
• Measuring the success of treasury modernization initiatives.
• Communicating treasury performance to stakeholders.
• Continuous improvement in treasury operations.

Module 9: The Future of Treasury Operations

• Emerging trends in treasury technology and best practices.
• The impact of globalization and digitalization on treasury.
• The evolving role of the treasury professional.
• Building a future-ready treasury function.
• Continuous learning and adaptation in the dynamic treasury landscape.

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 5 working days before commencement of the training.