Cash Management Certification Course

Why Select this Training Course?

Enhance your strategic financial skills with our comprehensive Cash Management Certification Course, designed to deepen your capability in managing corporate cash efficiently. Amid economic volatility, the aptitude to optimise cash flow and execute smart liquidity strategies is in high demand. This course combines robust theoretical frameworks with current, real-world applications.

How comprehensive is this course?

The curriculum encompasses every aspect of cash management, from forecasting to sophisticated working capital optimisation strategies, ensuring a broad and deep knowledge base.

Will I gain hands-on experience?

Absolutely, you will engage with the latest cash management technology, through scenario-based learning, ensuring practical, actionable skills.

Who Should Attend?

The course is perfect for:

• Treasury professionals
• Financial officers and controllers
• Cash managers and analysts
• Bankers and corporate finance consultants
• Business owners and managers
• Accounts payable/receivable managers
• Finance and accountancy professionals

What are the Course Objectives?

Participants will:

• Understand the fundamentals and complexities of cash management.
• Implement best practices in cash flow forecasting and monitoring.
• Analyse various investment vehicles for excess cash.
• Design internal controls to safeguard company assets.
• Integrate liquid assets management within the company’s financial strategy.
• Navigate financial risk in cash management operations.

How will this course be presented?

The training involves:

• Interactive lectures that reinforce financial theory with practice.
• Engagement with case studies to solve cash management challenges.
• Real-time simulations providing active learning with cash management systems.
• Collaborative labs where participants relate course materials to their work context.
• Discussions on the latest industry trends, risks, and regulatory compliance.

What are the Topics Covered in this Course?

Module 1: Advanced Analytics and Cash Management

• Data analytics and cash management insights
• Predictive analytics and cash flow optimisation
• Machine learning applications in liquidity forecasting
• Visualisation tools for cash management data

Module 2: Working Capital Management

• Optimising accounts receivable and payable
• Inventory management strategies for liquidity
• Short-term financing options
• Strategies for managing working capital
• Cash pooling and netting arrangements
• Impact of the supply chain on cash flows
• Working capital metrics and KPIs
• Technological solutions for working capital management
• Role of fintech in working capital optimisation
• Effective relationships with bankers and financiers
• Legal and ethical considerations

Module 3: Cash Flow Forecasting & Analysis

• Forecasting methods and models
• Variance analysis and adjusting cash flow forecasts
• Integrating budgets with cash flow projections
• Sensitivity analysis in cash flow forecasting
• Cash flow statements as a strategic tool
• Projecting future cash flows for investment decisions
• Using Excel and other software for forecasting
• Stress testing liquidity plans
• Role of AI and machine learning in cash flow forecasting

Module 4: Managing Banking Relationships

• Selecting and managing banking partners
• Negotiating bank fees and services
• Understanding and utilising bank products for cash management
• Electronic banking and cyber security
• Leveraging bank technology for improved efficiency
• Benchmarking and evaluating banking services
• Bank communication standards (e.g., SWIFT, BACS)

Module 5: Investment Strategies for Surplus Cash

• Principles of corporate investment
• Risk-return profile of various investment vehicles
• Ethical investment policies
• Alignment with corporate cash cycle
• Regulatory and tax implications for investments
• Performance evaluation for investment portfolios
• Use of treasury management systems (TMS)
• Incorporating ESG factors into investment decisions
• Short-term vs. long-term investment approaches
• Diversification and concentration risk
• Implications of market volatility on investment decisions

Module 6: Risk Management in Cash Operations

• Identification of cash management risks
• Foreign exchange and interest rate risk
• Credit risk assessment
• Fraud prevention techniques
• Implementing hedging strategies
• Internal controls and compliance
• Insurance products for risk mitigation
• Stress testing cash management systems
• Financial counterparts and their risk profiles
• Enterprise Risk Management (ERM) integration

Module 7: Cash Collection and Disbursement Techniques

• Effective invoicing and collection processes
• Electronic payment methodologies
• Lockbox services and its optimisation
• Payment factories and in-house banks
• Strategic disbursement timing
• Legal implications of cross-border payments
• Card and digital payment solutions
• Float management and value dating

Module 8: Technological Innovation in Cash Management

• Role of ERP systems in cash management
• Blockchain technology and its impact on cash operations
• Artificial intelligence in cash forecasting
• Digital wallets and the future of payments
• The use of APIs in banking and cash

Module 9: Regulatory Environment and Compliance

• Overview of global cash management regulations
• Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance
• Impact of Basel III on liquidity management
• Understanding PSD2 and open banking

Module 10: Strategic Cash Management

• Aligning cash management with corporate strategy
• Financial decision making and long-term planning
• Capital structure and dividend policy considerations
• Mergers, acquisitions, and their impact on cash flow
• Implementing corporate governance in cash handling
• Scenario and contingency planning
• Aligning cash management with business continuity plans
• Treasury management systems for strategic decision support
• Effectiveness of shared service centres
• Establishing a treasury centre of excellence

Module 11: Treasury Operations and Technology

• Core functions and organisation of a modern treasury
• Treasury management systems (TMS) advancements
• Payment and settlement systems
• Technological trends in treasury operations
• Cybersecurity in treasury
• Digital transformation in treasury operations
• Crafting an optimal treasury technology stack

Module 12: In-House Banking and Payment Factories

• Concept of in-house banking
• Functionality and setup of payment factories
• In-house bank structures and benefits
• Centralised vs decentralised treasury models
• Streamlining intercompany transactions
• Automation in payment processing and cash concentration

Module 13: FinTech Solutions and Their Impact on Cash Management

• FinTech disruption in cash management services
• Emerging FinTech solutions for treasury
• Digital banking platforms
• Crowdfunding and alternative financing
• APIs in financial services and their potential

Module 14: Cross-border Cash Management

• Challenges in international cash management
• Efficient structures for cross-border liquidity
• Tax implications and transfer pricing
• Currency and country risk in global cash management

Module 15: Sustainable Cash Management

• Incorporating sustainability in cash management
• Green finance and liquidity products
• Ethical considerations in corporate liquidity
• ESG reporting impact on treasury