Treasury Technology And Systems Training Course: Streamlining Financial Operations

Introduction:

Modern treasury departments rely heavily on technology to manage complex financial operations efficiently and effectively. This comprehensive training course on Treasury Technology and Systems equips participants with the knowledge and practical skills to navigate the landscape of treasury technology, focusing on Treasury Management System (TMS) implementation, integration, and best practices. Participants will learn how to select, implement, and optimize TMS solutions, ensuring seamless integration with other systems and maximizing the value of their technology investments. This course empowers treasury professionals to leverage technology to streamline processes, improve control, enhance visibility, and contribute to the strategic goals of their organization.

Target Audience:

This course is designed for treasury professionals involved in technology decisions and implementation, including:

• Treasury Managers and Analysts
• IT Professionals supporting Treasury
• Project Managers
• Consultants
• Anyone seeking to enhance their understanding of treasury technology

Course Objectives:

Upon completion of this Treasury Technology and Systems training course, participants will be able to:

• Understand the landscape of treasury technology solutions.
• Evaluate and select the right TMS for their organization's needs.
• Manage a successful TMS implementation project.
• Integrate the TMS with other critical systems (ERP, accounting, banking).
• Optimize the use of the TMS to improve efficiency and control.
• Understand best practices for treasury technology management.
• Leverage technology to enhance treasury visibility and reporting.
• Automate treasury processes through effective system utilization.
• Contribute to the strategic use of technology in treasury.
• Stay current with evolving trends in treasury technology.

DURATION

5 Days

COURSE CONTENT

Module 1: Introduction to Treasury Technology

• The evolving role of technology in modern treasury.
• The treasury technology landscape: TMS, ERP, banking platforms, specialized solutions.
• Key benefits of implementing treasury technology: efficiency, control, visibility, and strategic value.
• Understanding the treasury technology lifecycle: from selection to optimization.
• Setting the stage for successful treasury technology implementation.

Module 2: Treasury Management System (TMS) Selection

• Defining treasury requirements and needs.
• Evaluating TMS vendors and solutions.
• Developing a TMS selection criteria and scorecard.
• Conducting demos and reference checks.
• Negotiating contracts and pricing.

Module 3: TMS Implementation Project Management

• Project planning and scope definition.
• Team formation and roles.
• Implementation methodology and timeline.
• Data migration and cleansing.
• Testing and training.

Module 4: TMS Integration

• Integrating the TMS with ERP systems.
• Connecting to banking platforms and payment gateways.
• Integrating with market data providers.
• API integration and connectivity.
• Ensuring seamless data flow and communication.

Module 5: TMS Configuration and Customization

• Configuring the TMS to meet specific business needs.
• Customizing workflows and reports.
• Setting up security and access controls.
• Managing user roles and permissions.
• Optimizing system performance and scalability.

Module 6: Treasury Automation

• Automating key treasury processes (e.g., payments, reconciliations, reporting).
• Workflow automation and process optimization.
• Robotic Process Automation (RPA) in treasury.
• Straight-through processing (STP).
• Enhancing efficiency and reducing manual effort.

Module 7: Treasury Reporting and Analytics

• Generating treasury reports and dashboards.
• Key performance indicators (KPIs) for treasury.
• Data analytics and business intelligence for treasury.
• Visualizing treasury data and insights.
• Using data to drive strategic decision-making.

Module 8: Treasury Technology Best Practices

• Data security and cybersecurity in treasury.
• Disaster recovery and business continuity planning.
• System maintenance and upgrades.
• User training and support.
• Managing vendor relationships.

Module 9: The Future of Treasury Technology

• Emerging trends in treasury technology (e.g., cloud computing, blockchain, AI).
• The impact of digitalization on treasury operations.
• The evolving role of the treasury professional.
• Preparing for the next generation of treasury technology.
• 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.