EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Limited, each of which is a separate legal entity. Ernst & Young Limited is a Swiss company with registered seats in Switzerland providing services to clients in Switzerland.
How EY can help
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Helping your business to reimagine the treasury function and providing support to finance teams. Find out more.
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What stops treasury teams from scaling effectively?
Treasury teams often struggle to scale because operational demands rise faster than available specialist capacity. Daily cash positioning, payment execution, bank account administration, forecast consolidation, exposure analysis and controls monitoring all require accuracy, timeliness and clear ownership. When these activities rely on manual processes or fragmented tools, treasury teams spend valuable time resolving exceptions rather than improving decision-making.
How fragmented operating models impact treasury performance
Fragmented operating models can also create inconsistent execution across regions, business units and banks. Data may be collected from multiple sources, approvals may sit in different systems and reporting may not provide a consistent view of cash, risk and liquidity across the enterprise. These issues can affect forecasting accuracy, control effectiveness and the ability to support business change.
For example, a multinational organization operating across multiple regions and holding various banking relationships may rely on separate processes and systems for cash positioning, forecasting, hedging of FX exposures, and bank account management. Treasury teams can spend significant time reconciling information from different sources before they are able to produce a consolidated view of liquidity and risk across the enterprise.
How a managed treasury services model can help
A managed treasury services model can address these constraints by creating a more consistent service framework. Designed as a scalable solution that adapts to the needs of the business, the model combines treasury experience, technology platforms and global delivery capabilities to help organizations standardize processes, strengthen controls and improve operational resilience.
Standardized processes, defined service levels, specialist treasury resources and technology-enabled delivery can help treasury functions increase reliability while maintaining flexibility to respond to changing business needs.
How do organizations integrate managed treasury services successfully?
A good managed treasury services model is built around clear accountability, strong governance and practical integration with an organization’s existing treasury technology. It should both support day-to-day execution and also improve the data, controls and reporting needed for strategic treasury management.
What activities can be covered by managed treasury services?
In terms of treasury operations support, this can range from daily cash positioning, liquidity administration, cash forecasting and payment monitoring to bank account and signatory maintenance, debt and investment record tracking, as well as hedging support, derivative reporting and working capital support. In the realm of treasury application support, services can include helpdesk and ticket triage, system administration, configuration changes, interface monitoring, release support, enhancement management and performance optimization.
Why integrate treasury operations and TMS support?
The strongest models connect operational delivery with TMS application management. This has proven most effective because treasury processes and treasury systems are closely linked. A payment process issue may also be a technical workflow, interface or master data issue. A forecasting challenge may require changes in data sourcing, reporting configuration or process ownership. Integrated treasury operations and TMS support can help resolve issues at their root. As a result, the treasury operating model improves over time.
How can managed treasury services support transformation?
Managed treasury services give treasury teams access to specialist capabilities without requiring them to build every capability internally. This is a key advantage in any business transformation, which invariably ties up resources and tends to require professional support. Organizations can use managed services to stabilize core operations, support a TMS implementation, modernize reporting, improve controls or scale a regional treasury model.
Which delivery model is right for my organization?
Organizations can choose from several delivery models depending on their treasury maturity, technology landscape and strategic priorities.