International Treasury & Cash Management – Advanced

Dates and locations

  • Overview
  • Agenda
  • Who should attend?

    This course is designed for finance, treasury and banking professionals who have at least five years practical experience in various roles in treasury management and who need to gain a deeper practical knowledge of advanced treasury management techniques.

    This is the most advanced international course EuroFinance offers.

  • Learning objectives

    By the end of the course, participants will

    • Understand how treasury can deliver improved bottom-line performance for your business
    • Study how the implementation of tax-efficient account structures, effective hedging strategies, accurate cash flow forecasting processes and fully optimized working capital approaches may add value to your business
    • Discuss alternative account structures for optimizing liquidity and payment processes
    • Assess ways in which treasury can effectively contribute to enterprise-wide
      risk management initiatives
    • Get up to date with emerging payment methods and the impacts that faster
      payments, Blockchain, Open Banking, APIs and PSD2 are having on today’s
    • Become compliant across the regulatory landscape; learn more about the AML and KYC procedures used by banks and treasurers
    • Protect your organisation against fraud and cybercrime
    • Examine the emerging treasury technology ecosystem and identify opportunities to use the many new technologies, apps and tools available to treasurers today to deliver value
    • Gain a comprehensive insight into the current and future challenges facing the treasury managers and CFOs, including establishing the relationships that matter and defining the pathway to digitizing treasury
    • Develop practical skills and knowledge that can be immediately applied upon your return to the office
    • Explore the techniques being deployed by the leading global treasury organisations
    Learning objectives
  • Why train with EuroFinance?

    • Real world treasury training
      Leave with skills and techniques that you can immediately apply when you get back to the office.
    • Unrivalled knowledge of current best practice
      We talk to treasurers on a daily basis and know what matters most to the profession.
    • Expert tutors
      We have secured the services of the leading tutors in the profession with both banking knowledge and corporate expertise to give you the best all-round training available.
    • Truly global
      We run treasury events all around the world and attract a very international audience.
    • Practical teaching method
      Our courses aren’t just theory, we use real-life case studies and group exercises to illustrate each learning point.
    Why EuroFinance
  • Accreditations

    This course is CPD certified



  • Day 1 Corporate Treasury and Risk Management down-arrow
    • 08.30am

      Registration and refreshments

    • 09.00am

      Introductions, expectations for course

    • 09.30am

      Expectations of today’s corporate treasurers

      • Level setting: context, functions and responsibilities
      • At the core: risk management, liquidity, relationships, capability
      • In progress: embracing the digital challenge
    • 10.15am

      Open Session:  Individual current state assessments

      • Highlight current objectives, metrics and projects
      • Identify perceived strengths, gaps, pain points
      • Provide insights into the current “day in the life” of treasury
    • 11.00am

      Refreshment break

    • 11.15am

      Risk management framework and mindset

      • Global trends impacting treasurers
      • Holistic approach to managing risks
      • Role for risk management policies; linkages to the control environment
      • Implications for organizations and skill sets
    • 11.45am

      Case studies:  Financial risk management

      • Evaluate circumstances; identify key take-aways
      • Feedback session (to conclude after lunch)
    • 12.30pm


    • 2.00pm

      Managing/mitigating financial risks

      • FX and interest rates: hedging
      • Counterparties: credit/payment risks
      • Supply chains: uncertainty
      • Debt covenants; contract obligations
    • 2.30pm

      Compliance and regulatory risks

      • Maintaining company reputation and the LTO
      • Challenges at hand:
        • KYC, AML, sanctions
        • PSD2, GDPR, etc.
        • Intercompany loans/transactions: documentation, reporting
    • 3pm

      Cyber threats

      • Role of staff training
      • Payment strategy; fraud solutions; ransom demands
      • Collaboration with IT, accounting, procurement, banks
    • 3.30pm

      Refreshment Break

    • 3.45pm

      Open Session: Enterprise-wide opportunities for treasurers

      • Obvious “seats at the table” for treasury:
        • ERM, ESG, working capital, project economics, cryptocurrencies
      • M&A
      • Crisis management; business continuity plans
    • 4.30pm

      Conversation about and assessment of Day 1

    • 5pm

      End of Day 1/Informal social reception

  • Day 2 Liquidity Management and Treasury Technology down-arrow
    • 8.30am


    • 9.00am

      Context: Global banking infrastructure and processes

      • Money movement
        • Clearing and settlement, central banks, SWIFT
      • Payments and collections
        • Domestic vs international payments
        • Payment methods, SWIFT gpi
      • Domestic and foreign bank accounts
        • Withholding tax and non-resident issues
      • Structural approaches for meeting country, region and global needs
      • Bank account management
    • 9.45am

      Poll:  Current global banking infrastructure

      • What are you monitoring? What’s most important to you?
      • Feedback session
    • 10.00am

      Liquidity management:  objectives and techniques

      • Framework for value creation
      • Commercial flows; tax and treasury objectives
      • Processes for liquidity management
        • Cash concentration; trapped cash
        • Physical and notional pooling; netting
        • Investing, including yield, fair value accounting
      • Best practices
    • 11.00am

      Business models, structures & organizations

      • Current business climate leads to changing business models
      • Tax and legal considerations
      • Common responses: centralize, leverage treasury structures, augment expertise
        • Typical stages of development; focus on strategic drivers
        • Considerations for SSC, ITC, RTC, IHB, POBO/COBO, payment factories
      • Organization and talent/skill mix required
    • 12.00pm

      Case studies:  Traditional pathways to centralization

      • Use and applicability of traditional approaches
      • Emerging options: approaches at internet businesses, solutions offered by fintechs
    • 12.30pm


    • 1.30pm

      Open Session:  What liquidity concerns and issues matter most?

      • Reliance on structural approaches to deliver efficiencies? Others?
      • Feedback to pinpoint commonalities and differences among participants
    • 1.45pm

      Cash forecasting

      • Insights into the process
      • Objectives; elements of the forecasting challenge
      • Critical link to cash management routines and culture
      • Process specifics; summary of best practices
    • 3pm

      Refreshment break

    • 3.15pm

      Treasury technology ecosystem

      • Today’s emerging ecosystem
      • Players: banks, fintechs, others
      • Overlap and competition among ERP, TMS, platforms and more
      • Integration; role of international standards
    • 4pm

      Exercise:  Technology diagnostic

      • Strategy driving your current technology landscape
      • Challenge: update vision and roadmap for the future
      • Milestones: pinpoint adjustments to strategy, opportunities for enhancements
    • 4.30pm

      Tools to aid in selecting and implementing treasury solutions

      • Requirement scorecards; due diligence
      • Embracing project and change management
    • 4.45pm

      Conversation about and assessment of Day 2

      • Today’s “ah-ha’s”
      • Questions, comments and recommendations
    • 5pm

      End of Day 2

  • Day 3 Working Capital, Relationships and Partnerships down-arrow
    • 8.30am


    • 9.00am

      Pathways to digitization

      • Specifics about connectivity, formats, integration, aggregation
      • APIs, AI, RPA, and fintech solutions
      • Real-time reporting, dashboards
      • Targeting intercompany loans/transactions for potential value creation
    • 9.45am

      Case Studies: Digital treasury transformations

      • Highlight pain points addressed; identify relevance for your company
    • 10:30am

      Exercise: The future work environment

      • Learnings from pandemic and digital transformations
      • Challenges to be faced: enterprise-wide and treasury specifically
    • 11.00am

      Refreshment break

    • 11.15am

      Working capital management

      • Potential for lack of organizational clarity
        • Order to cash, purchase to pay cycles
        • Cash conversion cycle, focus on cash flow generation
      • Optimization approaches; process opportunities
      • Viability of supply chains
        • Platforms addressing working capital opportunities
          • Efficient win-win SCF; real time profit opportunities
          • Transparency through process monitoring
          • Leveraging the community effect
        • Landscape expanded to include non-bank players
    • 12pm

      Open Session:  Opportunity in the trade space

      • Activities delivering value today, projects underway
        • Project ownership/management inside company
        • Key changes noted in the landscape
      • Feedback session; questions
    • 12.30pm


    • 1.30pm

      Bank relationship management

      • Role for banks in evolving treasury ecosystem
      • Relationship considerations and challenges
      • Relationship management tools
      • Strategic partnerships
    • 2.00pm

      Bank selection process

      • Bank landscape and profiles
      • Selection criteria; evaluation categories
      • Leveraging key elements of the RFI and RFP processes
        • Objectives and opportunities to deliver value
      • Establishing and maintaining bank partnerships
    • 3.00pm

      Refreshment break

    • 3.15pm

      Open Session:  Enhancing capabilities of your treasury

      • Identify potential adjustments to your treasury strategies
      • Recap opportunities for improvements & digital enhancements
        • Traditional approaches that will add value
        • Roles for APIs, AI, RPA, blockchain; uses cases with promise
        • Openness to “ready to go” tools vs POC opportunities
        • Extended treasury team
        • Impact on organization, skills, talent
      • Scope out potential implementation plan(s); resources required
      • Share perspectives, ask questions
    • 4.30pm

      Course wrap up

    • 5pm

      End of Course/Awarding of certificates