Treasury 4.0 Checklist

10/01/2013

As the treasury function continues to evolve, treasury professionals are under pressure to stay ahead of issues and trends that impact their organizations. Following is a checklist to ensure you are staying focused on your company’s most pressing treasury needs: Download A PDF of This Checklist

Are You Tapping into the Power of Information?

• Schedule periodic analysis to determine what information you have access to and where improvements are needed.
• Examine your AP and AR processes to reveal possible barriers to visibility.
• Partner with IT to put systems in place to gain access to vital information.

How Strong are the Links in Your Financial Supply Chain?

• Do you have a clear view of your cash conversion cycle?
• What measures are you implementing to strengthen the relationship with your key suppliers to ensure greater reliability and stability in the physical supply chain?
• Are you taking a holistic view of your financial supply chain and are you taking any steps to address opportunities for improvement?

Is Your Cash Working For or Against You?

• Are you fully aware of the costs of processing your cash?
• Are you confident you have addressed safety/risk concerns for both the currency and your employees?
• Do you have access to reporting that allows you to view your cash position?

Intellectual curiosity is the hallmark of a strong treasury team. At Fifth Third Bank, we encourage you to look closely at your information management, financial supply chain management and currency processing practices. Engaging in a dialogue with your bank is crucial to finding the solutions that meet your specific needs. We welcome your contact and are ready to help support your working capital management strategy.