Corporate Treasurers Executive Briefing Treasury 3.0 and the Financial Nerve Center

Transcription

1 Corporate Treasurers Executive Briefing Treasury 3.0 and the Financial Nerve Center August 10, 2010 PRESENTED BY: Cathryn R. Gregg, Partner Anthony J. Carfang, Partner Treasury Strategies, Inc. All rights reserved.

2 Corporate Treasurers Executive Briefing Series The Corporate Treasurers Executive Briefing Series will help you Get grounded in the issues Make sense of the issues and establish clear direction Capitalize on opportunities created by uncertainty The series includes three webinars, each thirty minutes long July 20 August 10 August 24 Regulatory and Economic Impact on Corporate Treasury Treasury 3.0 & the Financial Nerve Center Retooling for Recovery - Taking Proactive Control of the Situation 2

3 Logistics Questions: Recording & PowerPoint: A copy of the presentation and link to the recording will be sent to all registered participants in a few business days. 3

4 Treasury Corporate Perspective HIGH Treasury 1.0 Treasury 2.0 Treasury 3.0 Treasury Influence & Value Add Treasury Operations is an immature, fragmented or informal function, characterized by manual processes LOW Time Pre Now - Future 4

5 Treasury Corporate Perspective HIGH Treasury 1.0 Treasury 2.0 Treasury 3.0 Treasury Influence & Value Add Treasury Operations is an immature, fragmented or informal function, characterized by manual processes Treasury centralizes key roles, improving transparency and controls Greater access to data and computing power and consolidation of competency LOW Time Pre Now - Future 5

6 Treasury Corporate Perspective HIGH Treasury 1.0 Treasury 2.0 Treasury 3.0 Treasury Influence & Value Add Treasury Operations is an immature, fragmented or informal function, characterized by manual processes Treasury centralizes key roles, improving transparency and controls Greater access to data and computing power and consolidation of competency Treasury is a strategic advisor, more closely integrated with business units, supporting globalization, efficiency, trading partner/supply chain integration and greater sophistication in risk/return optimization LOW Time Pre Now - Future 6

7 Treasury Corporate Perspective HIGH Treasury 1.0 Treasury 2.0 Treasury 3.0 Treasury Influence & Value Add Treasury Operations is an immature, fragmented or informal function, characterized by manual processes Treasury centralizes key roles, improving transparency and controls Greater access to data and computing power and consolidation of competency Treasury is a strategic advisor, more closely integrated with business units, supporting globalization, efficiency, trading partner/supply chain integration and greater sophistication in risk/return optimization Data Information Intelligence LOW Time Pre Now - Future 7

8 3.0 Treasury Vision 8

9 3.0 Treasury Vision The Financial Nerve Center view of Treasury fulfills the unrealized potential of ERP 9

10 Financial Nerve Center Multiple technology platforms within Treasury Feeds from platforms outside Treasury Information integration - financial data warehouse Analytic tools that access warehouse data Automated and ad hoc analysis capabilities 10

11 Treasury 3.0 Benefits Broaden Treasury focus beyond execution to strategic assessment Respond to Senior Mgmt rapidly, comprehensively Assess impacts of major events Plan proactively Access the power of integrated data 11

12 Challenges to Reaching 3.0 Treasury Dis-integrated, siloed vision Constant curveballs Non-believers Tactical/execution focus Short-term perspective 12

13 Roadmap to Treasury 3.0 Attaining Treasury 3.0 is a process, not an end state Establish the vision Plan a multi-year roadmap Anticipate challenges - diversions, funding, organizational change 13

14 3.0 Can t Wait The financial crisis is a call to action for Treasury 3.0. In the face of external uncertainty, 3.0 helps you stay in control. Internal External Cash flow Working capital Counterparty risk Investment Debt Fraud Regulation Economy Government action Banking turmoil Political risk 14

15 Top 5 Regulatory Concerns (from previous webinar) 1. Interest on business checking 2. Same day ACH settlement 3. Fees on daylight overdrafts 4. Deposit insurance/ TAG Program 5. Money Market fund 2a-7 regulations 15

16 Summary Now is the time to act Move beyond information to intelligence Become the Financial Nerve Center Key starting points Treasury 3.0 Vision Roadmap Benefits are transformational 16

17 Exit Poll Where are you on the Treasury 3.0 continuum? A. Data B. Information C. Intelligence 17