Optimisation of treasury processes with the objective of:
- Reducing financial and operational risks
- Cost savings
- Enhancing the treasury’s added value to your business
- Defining the scope & schedule
- Reviewing documentation and treasury processes
- Conducting interviews
- In-depth analysis
- Setting up a scan
- Discussing the results in a workshop
Treasury Scan elements:
- Governance and control
- Risk management
- Cash & liquidity management
- Bank relationship management
- Finance & accounting
- Treasury technology
- Debt management
- Treasury organisation
Enigma carries out Treasury Scans for companies/institutions in different sectors of the market, ranging from local authorities to commercial enterprises. The scan offers added value for virtually all organisations that carry out treasury activities. Enigma Treasury Services has a great deal of experience of process optimisation and implementation and possesses in-depth knowledge of treasury.
Our Treasury Scan was used to optimise the treasury processes of a multinational in the retail sector. Amongst others, real-time visibility and control of subsidiary cash flows were improved, as a result of which efficiency gains were made and costs reduced. In addition, treasury policies were formalised and better aligned with company strategy. Technical segregation of functions was enhanced and Enigma implemented the selected Treasury Management System based on the new processes.
A Treasury Scan was carried out for an internationally operating manufacturer of mechanical fastening products. The scan included an analysis of the existing cash management situation, formulating scenarios for optimisation of treasury processes, and issuing advice in respect of financing. Enigma produced a report based on the scan, in which it advised the business to rationalise its banks, formulate a treasury policy (including a central hedging strategy), and automate the treasury function with a TMS.