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CORPORATE TREASURY MANAGEMENT

As a company grows managing and monitoring cash flows becomes an increasingly important part of daily operations. Where the financial administration is responsible for the complete and accurate reporting of financial data, Treasury management aims to monitor and manage financial flows and associated costs and risks. The latter requires specific knowledge which is often not present within companies.

>> WE HELP YOU TO OPTIMIZE YOUR INTERNAL FINANCIAL PROCESSES TO SET A SOLID FOUNDATION FOR GROWTH

2FX Treasury has this knowledge and can help you optimize your internal financial processes. Not only to get better insight into bank account balances, to optimize working capital or to get a better handle on your customers' cash flows but above all to provide a solid foundation for growth. In an era of digitization, new markets are easier to unlock. Increasing your sales area is of course always interesting, but we often see that the financial administration can not keep up and is left behind with more spreadsheets, a pile of bank tokens to make payments in the various countries and fragmented payment processes. 2FX Treasury helps you set a solid foundation for growth.

>> WE HELP YOU WITH AN EFFICIENT AND EFFECTIVE SELECTION AND IMPLEMENTION OF TMS, SUCH AS TIS

There are several Treasury Management Systems (TMS) available that can help you make your business more efficient and reduce risk. Characteristic of these systems is that they can handle multiple banks, are flexible with data formats and can interface with multiple ERP systems.

There are different TMS providers with their own accent. Depending on what you want to achieve, a supplier is more or less suitable. 2FX Treasury has experience in selecting and implementing Treasury Management Systems. We can help you with the analysis which type of system is best for you and which suitable providers are there. After this selection we can guide you in the further selection process and ensure that you choose the system that fits your organization, budget and goals.

After completing the selection process, the actual implementation can begin. Most TMS providers use SaaS (Software as a Service). This means in practice that bank accounts, static data, any loans or financial instruments are loaded into the platform, but the implementation has not been completed. Integration with ERP systems, tuning of internal processes, how banks are communicated and what costs the bank will charge for this will not be picked up by the supplier. A successful TMS implementation requires a structured project approach that integrates all aspects of the financial administration well. 2FX Treasury has experience with the implementation of TMS systems and is well-known to the banking industry. So, we can help you determine how to integrate and support your bank with your bank when communicating with the bank.

Strategic partnership
Because we believe that efficient (internal) cash flows are an essential basis for controlled growth, we have chosen a strategic partnership with a software provider specialized in corporate payments. Treasury Intelligence Solutions (TIS) has a worldwide network of banks with which they can connect host a host-to-host connection, have an extensive database of payment formats and is compatible with virtually all accounting systems such as SAP, Oracle, or other financial systems. Through this collaboration, we can offer customized solutions and have specific knowledge for efficient and effective implementation in your company.