BEST PRACTICES IN US CASH MANAGEMENT
Level: Intermediate
Audience: Banks and corporates
Description: This is a one-day workshop for people who are already familiar with the
basic concepts and principles of cash management but who want to hear the latest
techniques and developments. This course provides the next level of detail and gives
participants insights into the current trends and more advanced tools of treasury
management. This course can also be expanded to two days.
Agenda:
1. The Current Environment and Expected Changes
- The importance of liquidity
Cash versus assets
- Significant regulatory changes
Interstate Banking and Branching Efficiency Act 1994 (IBBEA)
Gramm-Leach-Bliley Act of 1999 (GLB)
Electronic Signatures in Global and National Commerce Act of 2000
Regulation Q
Check 21
Patriot Act
- Changes in the US banking environment
Bank merger activity
System risk
Federal Reserve actions
Changes in CHIPS
Continuous link settlement (CLS)
- Shift in the balance of power in Treasury
Evolving role of banks and capital rationing
Third party providers
2. Best Practices in Collections and Concentration
- Making field collections more efficient
Electronic check presentment (ECP)
Remote deposit
- Making lockboxes more efficient
- Reengineering collections
Using electronic bill presentment and payment (EBPP)
Direct debits
- Using regional networks
- Optimizing transaction balances and surpluses
3. Best Practices in Disbursements
- Benefits of paper disbursements are eroding
- Growth of B2B
Using electronic disbursements
Float neutral terms
- International "ACH" options
- Purchasing cards
- Fraud prevention measures
Positive pay
Certification authorities
- Integrated payables
- Checking the account analysis
4. Efficient Treasury Structures
- Netting
- Shared service centers (SSC)
- Enterprise resource planning (ERP)
- Commissionaire structures
- Outsourcing
- Future role of the treasurer
Global Strategic Planning
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CASH MANAGEMENT
Allman-Ward Associates, Inc.