EY - Global Treasury Services

Global Treasury Services

The evolution of the treasury function

Is your treasury function evolving fast enough to keep up?

  • Share

Treasury roles are expanding. More so than ever before, treasurers and treasury executives have a full suite of responsibilities — the management of cash, working capital, liquidity and credit; the need to add value to earnings, cash flow, market share and competitive advantage; and understanding and incorporating new and revised regulations and accounting guidance, among many others.

Treasury is no longer seen as a company’s bill payer or manager of cash flows. The treasury function now takes a key seat at the decision-making table.

Success is achieved when the treasury function is fully integrated and relied upon to strategically grow a global business. We work side-by-side with our clients to help define the right processes and structure.

With our skills, tools and accelerators, together we can tailor and customize services to achieve your definition of success.

Let us help you keep up with change — both within your own business and with what’s happening in the marketplace.

As the leading provider of treasury and risk management services to public and private corporations, financial services organizations, government agencies, and not-for-profit entities, our EY network spans the globe with hundreds of treasury professionals.

EY can help you become a key strategic partner for corporate leadership teams by helping you to:

  • Efficiently finance the business

    Your finance function needs to be set-up in a way that it is efficient and effective, meeting the needs of stakeholders across your organization.

    Working capital management

    Your need

    You’re looking to establish better cash flow management practices.

    How we help

    We work with you and your teams to evaluate current processes and develop a structured road map to unblock funds so you have sufficient cash flow to meet your obligations. We can help address inefficiencies in the working capital cycle so that your business is better prepared to succeed.

    Our experience

    Our work with a Fortune 100 global chemicals manufacturer saw a release of cash — US$400 million — from its payables process. Learn more.

    Cash and liquidity management

    Your need

    Your department needs to improve visibility into available funds and be able to better access your cash flow.

    How we help

    We have deep experience in assessing current cash management technology strategies and will work with you to analyze your current framework. We'll work alongside your team to determine future needs and outline next steps to implement a revised strategy that is more efficient for your business.

    Our experience

    We helped improve the automation and standardization of treasury activities for a leading global oil and gas company. Learn more.

    Cash flow forecasting

    Your need

    You need to implement a repeatable process to support cash positioning and enhance controls to identify, manage and resolve cash flow forecasting to more efficiently finance your business.

    How we help

    Our team can work with you to analyze and develop policies, processes and reporting templates for you to use in assessing cash management and the current state of cash flow forecasting for your company.

    Our experience

    A large health care and asset management organization needed to redesign and in-source its cash flow forecasting and cash management activities. We worked with them to do just that. Learn more.

    M&A and capital markets

    Your need

    If your company recently — or is about to — merged with or acquired another company, you need to implement a treasury system to manage intercompany clearing and financing so your business has the right function, processes and people in place to achieve operational success.

    How we help

    We have experience with complete treasury integrations, as well as carve-out scenarios. We can help you manage pre- and post- acquisition treasury aspects and develop an implementation and transition plan.

    Our experience

    We recently supported a project to help a global specialty pharmaceutical company gain access to an acquired entity’s treasury information and integrate the treasury functions. Learn more.

    We can also help you design a complete treasury function, as we did with a premier provider of electronic and bio-analytical measurement tools. The spin-off was looking to establish a new stand-alone treasury department, which our team worked to build out. Learn more.

  • Control risk and volatility

    In today’s increasingly global marketplace, controlling risk and volatility across the business is important to the success of your organization.

    Insurance

    Your need

    You need to streamline insurance procurement, vendor management and/or department structure. Or perhaps you are looking to reduce unnecessary insurance coverage.

    How we help

    We’ll work with you to assess the current state of your insurance risk function and develop a framework to facilitate a consistent approach to insurable risk.

    Our experience

    We worked with a global Fortune 100 company to centralize its insurance risk function, which had been managed separately by its five subsidiary corporations. Learn more.

    Counterparty risk management

    Your need

    You need to put appropriate measures in place to manage counterparty exposure.

    How we help

    We can help you offset counterparty risk by partnering to develop in-depth processes to identify, measure and manage your counterparty exposures, including counterparty risk management assessment, design and implementation.

    Our experience

    One of our clients, a global agriculture and food processing company, wanted an evaluation of the current decentralized counterparty risk management activities. We did so and helped streamline those activities. Learn more.

    Financial accounting standards and regulatory compliance

    Your need

    Meeting financial accounting standards and regulatory compliance is key across industries. You are looking for objectivity, while at the same time deciding the best course of action for your finance department.

    How we help

    Working with you, we can evaluate the benefits and challenges of pursuing hedge accounting for the company and help you navigate the intricacies of hedge accounting standards.

    Our experience

    We helped a global US-based retailer pursue the adoption of hedge accounting. Learn more.

    Financial governance and controls

    Your need

    You are working to identify and implement short- and long-term improvements to your finance function.

    How we help

    We review the corporate treasury department’s policies, processes and procedures and make recommendations so the proper governance and controls are in place.

    Our experience

    After the company hired a new treasurer, we worked with a US$15 billion health care provider to conduct an independent review of the treasury department’s policies, processes and procedures. Learn more.

    Financial risk management

    Your need

    You need to improve communication and coordination between treasury and finance functions for the forecasting, aggregation and management of foreign exchange exposures.

    How we help

    We can assess expansion strategies and, with your team, model the potential economic exposure to foreign currency movements and develop a foreign exchange risk management policy.

    Our experience

    A luxury retail apparel company planned significant foreign growth and wanted to establish a risk management strategy for its expected foreign exchange exposures. We helped. Learn more.

  • Manage the treasury function and its stakeholders

    You must take the interests of many stakeholders into account in your treasury role. You must set-up your treasury function to adequately address the needs of all these audiences.

    When making decisions about their departments’ objectives, treasurers have to consider the impact not only on treasury but on the company as a whole.

    Bank relationship management and infrastructure

    Your need

    One key step in successfully managing your treasury function is improving visibility and reporting by consolidating transaction activity. You need the tools and resources to accomplish this.

    How we help

    We can work side-by-side with your team to review cash management operations, methodologies, processes, resources and systems to manage and monitor cash balances. We can also develop a future state banking and cash management recommendation.

    Our experience

    A global consumer products company wanted to better monitor and manage cash balances while reducing bank fees. We jumped in to help. Learn more.

    Treasury center, in-house bank, shared services center

    Your need

    You need to identify interdependencies between treasury and other functional areas and migrate to a shared services system.

    How we help

    We can take a look at your current treasury processes and identify opportunities to migrate appropriate treasury activities to a shared services environment.

    Our experience

    We worked with a global food processing company that needed to focus its treasury organization on value-adding activities by migrating appropriate treasury activities to an existing shared services organization. Learn more.

    Organizational design

    Your need

    You need to take a closer look at the design of your organization, review your organizational structure, and make changes to the design and implementation of responsibilities.

    How we help

    We can identify the functional areas that corporate treasury needs to support and develop a treasury vision, including processes and organization structure.

    Our experience

    A global financial services firm needed to establish an independent treasury department as a result of a pending spin-off. We worked with them to structure their organization appropriately. Learn more.

    Treasury transformation

    Your need

    You are looking to improve operations and reduce costs by transforming your treasury department.

    How we help

    We can review your treasury structure and develop recommendations for structure, staffing, processes and implementation.

    Our experience

    During an implementation of SAP Treasury, a global science and engineering company required assistance with the identification of actionable solutions to meet future needs while evolving its SAP Treasury into a leading practices environment. We stepped in to help. Learn more.

    Treasury technology

    Your need

    You need to automate underlying processes by reducing opportunities for defects through elimination of non-standard and non-value-added processes.

    How we help

    We work to identify key business requirements and define the data migration strategy that is best for you. We’ll help streamline, standardize and automate treasury processes.

    Our experience

    A global diversified industrial company wanted to simplify its core treasury processes, improve control and risk management activities, and implement the WallStreet Suite. We worked with them to define the best treasury technology approach to achieve their goals. Learn more.