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Treasury: Cash Management
Available Online
Upcoming dates in English

12 November 2021 - NH Collection Brussels Centre BE - Brussels (Price: 840 Euro )
Ask us a question about this course or request In-Company information


PROGRAM OUTLINE for this 1 day course in English

Profitable, a solid balance sheet, BUT without efficient "Cash & Liquidity management", the company could go into liquidation!

Become an expert in treasury management and learn the skills, the complexity, the core components and recent trends. Treasury management is a vast area within finance and is "The top priority" of managers in this crisis.   

20 Reasons why you should follow this course

  • 1.  Have full insight and control over the cash flow cycle   
  • 2.  Know how and when to act on cash shortages or surpluses
  • 3.  Understand which roles to undertake on a regular basis
  • 4.  Know which KPI’s to use to control liquidity.
  • 5.  Determine solvency and the capacity to borrow.
  • 6.  Understand the impact of intangible items on solvency
  • 7.  Understand that the balance sheet does not always reflect "fair value"   
  • 8.  Analyse the cash impact on local fiscal accounting GAAP versus IFRS
  • 9.  Forecast future cashflows, spot cash shortages, and implement funding strategies!
  • 10. Learn the KPI’s of customers, suppliers, and inventory cash inflows or outflows!
  • 11. Detect problems on customer, inventory, supplier’s payment cycle, and forecast made.
  • 12. Learn the techniques and importance of cash sensitivity and scenario analysis
  • 13. Improve liquidity through good working capital practices
  • 14. Know which route to take before the cash runs out  
  • 15. Implement strategies of cash optimalisation on both the asset and the financing side
  • 16. Manage the credit department and the implications on the usage of credit ratings and scoring  
  • 17. Understand the importance of Inflation, Interest rates, foreign exchange on company accounts, and cash balances.
  • 18. Detect cash exposures and implement mitigation risk strategies.     
  • 19. Put procedures in place to follow up cash on a daily, monthly, or quarterly basis.
  • 20. Become the expert in managing companywide cashflows

 

The course and the learning outcome

On this one-day course, you will learn about the role of the treasurer in today’s corporate organisation. We will cover the importance of cash flow statements, cash budgeting, forecasting, treasury systems, and key treasury transactions. One of the expectations of treasurers is to be much more involved in (financial) risk management assessments and to provide risk mitigation. In the course, we will give you a framework and insights that will help you in taking up this role in a confident way. We will also cover the (main) levers in working capital management and provide you with some recent trends in treasury management.

  • Financial  & Cash reporting.  
  • The flow of cash.  From the balance sheet, through to the Income statement and the cash flow statement
  • Cash management roles to undertake to optimise the cash
  • How to build a cash budget and forecasting
  • Treasury transactions: Physical cash pooling versus notional pooling
  • Treasury payment systems in the marketplace
  • Financial risk management, the mitigation and the hedging of risks
  • Working capital management
  • Recent trends in treasury management

 

Recommended background

Some experience in the treasury is nice-to-have but certainly not required.

Teaching methods (Residential and Online)

Practice-based learning and critical engagement is a key theme through all our courses allowing delegates to acquire the needed skills and techniques to be applied as soon as they are learned and developed.

Either Online tutor-led or residential, this course will be taught using a combination of formal instructions, combined with practical and interactive exercises and case studies used to reinforce the concepts taught in each section of the course.

Syllabus

Day 1:

INTRODUCTION

  • Finance and accounting: where does treasury fit?
  • Financial terminology

 

BASIC FINANCIAL REPORTS

  • Basic financial planning
  • The finance cycle
  • The annual report: balance sheet and income statement
  • The cash flow statement (incl. activity)

 

CASH MANAGEMENT ROLES (incl. activity)

  • Cash finder
  • Cash planner
  • Cash distributor
  • Cash collector
  • Cash conserver

 

CASH BUDGETING AND FORECASTING

  • Cash management
  • Preparing a cash budget (incl. activity)

 

TREASURY TRANSACTIONS

  • Cash pooling
  • Collection and payment factory
  • Excess cash management

 

TREASURY SYSTEMS (incl. activity)

  • Communication with financial institutions
  • Electronic formats

 

INTRODUCTION TO FINANCIAL RISK MANAGEMENT

  • Interest rate risk (incl. activity)
  • Foreign exchange risk
  • Credit risk (incl. activity)
  • Mitigating risk exposure incl. factoring, Letter of Credit, Collateral and Credit Derivatives
  • Accounting standards
  • Hedging techniques incl. Spots, Forwards, SWAPS, Futures and Options
  • Liquidity and cash flow
  • Internal control
  • Risk of fraud
  • Raising finance

 

WORKING CAPITAL MANAGEMENT 

  • Benefits of cash management 
  • The Big Three of cash management: accounts receivable, accounts payable and inventories
  • Additional cash containment measures (incl. activity)

 

RECENT TRENDS 

All Course Dates

 

When: 12 November 2021

Where: NH Collection Brussels Centre Boulevard Adolphe Max. 7, 1000 BE - Brussels, Belgium
Treasury: Cash Management in: English

Timing: From 09:00 till 17:00
Price: 840 Euro  (VAT Exclusive)
Early booking discount: A 10%  discount will be applied if you register before or on 13/09/2021






Participant feedback

  • This course was all about Treasury in practise!!!  Sharing work experiences, debates on each topic, academic and very structured. Many thanks! Something I can implement immediate!
  • Great Course! My biggest learning was that cash management is not just about managing customer and supplier payments but that it requires monitoring all financial aspects and statements!
  • The importance of cash flow forecasting was very much underestimated in our company!! I have now the tools and techniques to ensure that our company maintains sufficient cash!    
  • I was not aware of all the risk issues our company was facing! We certainly will implement these to ensure liquidity and operational continuity. Many thanks.    

Learn the way that suits you most!

Course Lecturers



Kris Blommaert, MBA

Kris Blommaert has over 20 years of international experience in both finance and general management for local and European based organisations and businesses. He has been an associate lecturer at a triple accredited global business school for 10 years at MBA level. He has lectured "Managing Performance and Change" and "Management Perspectives and Practice" in Belgium, Switzerland and France.  


Kris De Clercq, MBA

Kris has lectured finance to managers for more than 25 years in Europe and Eastern Europe. His teaching as an associate for a UK based global business school included “Issues in International Finance and Investments”,” Corporate Finance” and “Issues in IFRS”. His industry experience is over 20 years working for asset managers, investment banks, global custodians in the UK, Luxembourg and Belgium. He received a universities award for innovation in finance teaching and learning.  


OUR INTERNATIONAL EXPERIENCE

Books we studied for you



Treasury Management The Practitioner's Guide - Steven M. Bragg
Treasury Management The Practitioner's Guide - Steven M. Bragg

Steven Bragg has written a broad-based look at the treasurer's function that is as timely as it is complete. This book is an excellent choice for experienced treasury personnel, those new to the area, or the small business CFO needing to develop additional expertise  


Corporate Treasury And Cash Management - Robert Cooper
Corporate Treasury And Cash Management - Robert Cooper

The book is an analysis of corporate treasury and cash management with the principal financial instruments used by the corporate treasurer. The objectives of the book are to describe how corporate treasury departments should establish a framework for the identity, measurement and management of risk and to describe how corporations should manage and control the operation of their treasury function  


Essentials of Managing Treasury - 
Karen A. Horcher
Essentials of Managing Treasury - Karen A. Horcher

Treasury is the financial hub of an organization-a hub with many spokes. This concise reference describes each functional area within treasury and includes guidelines for best practices and revelant technologies.  




Companies who attended our courses

 

 
AG Insurance
Allianz Benelux
Argenta NV
AXA Belgium
Baloise Insurance
Banca Monte Paschi Belgio S.A.
Bank De Groof
Banking Association (Kosovo)
Belfius Investment Partners
BNP Paribas Fortis
Bpost Bank
Buy Way
CBC Bank
Cegeka
Celio Finance SPRL
Credendo
Delen Private Bank
Delta Lloyd Life
Deutsche Bank AG
DKV Belgium
Ethias SA
Euler Hermes Services
Euroclear Bank SA/NV
Euroclear Investments
Europ Assistance
European Investment Bank - EIB (Luxembourg)
European Union - EDFIMC / ElectriFI
Flanders Investment & Trade
Gras Savoye Belgium
Incofin Investment Management
ING Bank België
KBC Bank
Mastercard
Ministry of European Integration (Kosovo)
National Bank of Belgium
NN Insurance Belgium
Petercam
Record Bank
Société Générale Private Banking
SWIFT
The Royal Bank of Scotland (RBS)
Triodos Bank
VGD International -Audit & Tax
Wolters Kluwer Financial Services
Zurich Insurance plc, Belgium branch
Vanbreda International
 
 
 
Afton Chemical SPRL
Air Liquide
Allnex Belgium SA/NV
ANL Plastics
Ansell
ARC EUROPE SA
Arcelor Mittal ( Belgium & Luxembourg)
Axalta Coating Systems 
BASF Antwerpen
BASF Belgium Coordination Center
Beaulieu International Group
Bekaert
Borealis Polymers NV
Bridgestone Europe SA
CNH Industrial Belgium NV
Cofely Fabricom
Cytec Belgium
DOMO Chemicals (Germany)
Donaldson
Dow Corning
Electrolux Appliances AB - EMA- EMEA (SEE)
Engineered Pressure Systems International
European Owens Corning Fiberglas
Fost Plus
GDF Suez
Griffith Foods
Hamon & Cie
Heraeus Electro-Nite International NV
Jacobs Belgium
KODAK SA/NV
Milliken Europe
Niko Group
NXP Semiconductors - Prodis  (Netherlands)
SOLVAY
SPX Cooling Technologies
Synventive Molding Solutions (Germany)
TERUMO EUROPE
Tessenderlo
Vinçotte International
VPK Packaging Group NV
WABCO
Yara Belgium NV
 
 
 
 
 
Antwerp World Diamond Centre
AVEVE Biochem NV
Carrefour Belgium
Delhaize Corporate Group
Godiva
IKEA 
 
Abbott Logistics B.V. (Netherlands)
AbbVie (Canada)
Agfa HealthCare NV
Alcon
Alcon-Couvreur
Amplifon
AZ Sint-Blasius
Baxter International (Austria)
Catalent Pharma Solutions
CinnaGen (Tehran)
Datwyler Pharma Packaging International
Groep OZ ESV
Hologic
Landelijke Christelijke mutualiteit (LCM)
Mutualités Libres: MLOZ
Novartis Pharma
SA Bristol- Myers Squibb Belgium NV
Stryker (Netherlands)
Terumo BCT Europe NV
UCB
Zorgbedrijf Antwerpen
 
 
 
AW Europe
Belgacom
Belgian Nuclear Research Centre (SCK-CEN)
CISCO
Corelio Printing
De Persgroep Publishing nv
EDF Luminus
Elia System Operator
Engie Electrabel NV/SA
Eni Gas & power
Fluxys Belgium
INFRABEL
Itineris NV
KEYRUS
M-Team
NRB
ORANGE
Proximus
Siemens
Telenet
 
 
Agentschap Innoveren en Ondernemen
Europees Parlement
Ministry of European Integration
National Agency for Protection of Personal Data
Nationale Loterij
SD Diensten NV (SD Worx)
SESAR Joint Undertaking
Stad Antwerpen
Stadsbestuur Harelbeke
Syntra Brussel
UGent - FBW
Vrije Universiteit Brussel (VUB)
 
 
 
Acturus sprl
ARC Europe
BDO 
BIA Africa
Bia Overseas
Brooser BE Operations 
Capgemini
Cipal Schaubroeck
Compass-Group
Computacenter
Computer Task Group
Deloitte Accountancy
Egemin International
Enhesa International
FIS (former Clear2Pay)
Interel Group
K&L Gates
Matexi NV
Minds&More
Pricewaterhouse Coopers
PwC Tax Consultants
Securex
Toreon
Vinçotte International sa
 
 
 
Alcopa
Alstom Belgium
ARC Europe 
Brussels Airport Company
De Lijn
D'Ieteren Auto
EUROCONTROL 
Gemeentelijk Havenbedrijf Antwerpen
Globachem nv
GSC Greensea Chartering 
HONDA Motor Logistics
JBT
Neovia Logistics
NMBS
PSA Antwerp nv
Retail & Wholesale
Seatrade Reefer Chartering
Thalys International
Trimble T&L
Volkswagen Group Services
Wallenius Wilhelmsen Logistics Zeebrugge NV
Westlandia
Witzenmann Benelux nv
 
 
 

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