TREASURY & WORKING CAPITAL MANAGEMENT

The importance of Treasury & Working Capital Management to increase shareholder value, profitability, cash flow, and to reduce risk has never been more critical to an organization’s overall health. Mapping a holistic strategy, making sense of the available solutions and realizing long-term, sustainable change is Nitor’s core mission in advising clients on how to approach Treasury & Working Capital Management.

Our main focus is on Treasury Management Optimization, overall improvement of the Cash Conversion Cycle and Payment Channel Optimization.

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Treasury Management Optimization

Treasury & Working Capital Framework

Optimizing Treasury Management requires a holistic view of the critical components:

Liquidity Management

Cash position and forecasting
Connectivity and data aggregation
Debt and investments
Foreign Exchange
In-house banking, netting, pooling

Payments

In-house payments
Treasury payments
Supplier payments

Control & Compliance

Investment policy
Debt covenants
SOX
Security, signers and approvals

Risk Management

Liquidity risk
Currency risk
Interest rate risk
Operational risk
Payment fraud

Working Capital

Source-to-Pay integration
Terms, Discounts, Card
Dynamic discounting
Supply chain finance
Order-to-Cash

Treasury & Working Capital

Treasury Management System Selection & Implementation

Nitor is a Premier Partner with the leading Treasury & Working Capital Management software providers. We leverage this knowledge to review business requirements, source / evaluate / select a best fit Bank, Workstation, Payables, Card or Fintech solution and manage the implementation and training.

What is the importance of a Treasury Management System?

A Treasury Management System (TMS) is a software application that automates the steps needed to manage a company’s cash flow. The importance of a Treasury Management System is its ability to provide Treasurers with visibility and reporting to manage their business, liquidity, optimize their cash flow and meet compliance requirements.

How do I start a Treasury Management System Selection?

Think of a TMS selection as a fulltime job. As with any application needed to run your business, start with prioritizing your wants and needs. Next, fully research and understand the capabilities of the TMS options available (typically TMS overviews and TMS demonstrations provide the insight needed to fully understand the Treasury Management System functionality). Then, there is always your budget. Fully understand the TMS solution costs and support as well as TMS implementation options.

How do we mange a Treasury Management System Implementation?

Managing the implementation of a Treasury Management System, while maintaining business as usual is no small feat. Nitor works to bring clients online everyday. Let our team lead you through the selection and implementation of a Corporate Treasury Management System

Working Capital Assessment

Nitor’s advisory services create a complete assessment of current state Treasury & Working Capital Management processes, encompassing People-Process-Technology. We create benchmarks, gap analyses, recommendations, a business case and an implementation plan. Nitor leverages over 15 years of process optimization in various firms ranging from global Fortune 100 organizations to mid-market niche companies.

Working Capital Framework

We focus on the core elements across the Cash Conversion Cycle and an integrated strategy with Treasury & Procurement:

Order-to-Cash (DSO)

Streamline collection points
Collect funds faster – pay debt or reinvest
Automate the order-to-cash process
Decrease bad debt

Forecast-to-Fulfill (DIO)

Better forecasting – production and cash
Better visibility into cash position
Enhance inventory control
Shorter lead time

Source-to-Pay (DPO)

Align to Procurement’s source-to-pay strategy
Extend payment terms or take discount
Automate invoice-to-pay process
Enable card where possible

Treasury Management

Access to cash or higher APR
Better cash forecasting
Faster cash positioning
Decrease debt and cost of funds

Working Capital and Treasury Management Cash Conversion Cycle DSO DPO DIO

Payment Channel Optimization

Realizing Value of Payables Process

Automating the Source-to Pay process presents Finance & Treasury teams with new strategic options for supplier terms, discounts, and payment methods.

Working Capital and Treasury Management Source-to-Pay Finance and Treasury Payment Channels Invoice and Pay eProcurement

Nitor leverages expertise across the entire workflow including; Source-to-Pay, Supplier Payments, Supply Chain Finance, Cash Position and Forecasting to deliver a true end-to-end Treasury & Working Capital Management solution. Nitor’s laser focus on these solutions over the past 15 years has developed proven and effective techniques to managing a firm’s working capital while optimizing for cash position and ensuring risk is managed appropriately.