clearBox Services
1
Treasury Function Review
A comprehensive review of your company's Treasury function, including such areas as Treasury structure, Cash Management, Risk Management, Corporate Finance, and Technology.
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Whether you have a Treasury team or are considering if one needs to be set up, this assessment will allow you to benchmark your processes and ensure they operate in a way that is supporting the company's growth plans.
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You will receive a comprehensive report of the company's Treasury function along with actionable roadmap for improving the function.
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2
FX Transaction Cost
If your company is operating in multiple markets and dealing with multiple currencies, chances are there are hidden FX transaction costs involved.
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In our practice, many companies are using their bank portals to convert funds, often paying between 1 and 3% in hidden FX fees (bank mark-up compared to the prevailing market rate).
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We help companies monitor these costs and reduce them by about 50% through a combination of introduction to new vendors and technology solutions, as well as optimization of the currency conversion practices.
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3
FX Risk Management
FX Risk may come in different forms: the company may buy or sell goods or services in foreign currency, or operate in its own currency but with partners in other countries that may be exposed to currency risk.
Whatever form it takes, FX Risk introduces uncertainty to your business and may, in some extreme cases, bring the company to its knees.
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We take pride in using award-winning best practices to identify, quantify and manage risks in order to reduce them at a reasonable cost.
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4
Treasury process automation
We work with comanies to identify repetitive processes and reports, and develop solutions to automate them.
As a result of the solutions that we built, we were able to save our clients thousands of manual hours annually, which allowed their teams to focus on working more on strategic tasks and working with the internal stakeholders to increase the value Treasury team delivers to the business itself.
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Automation also makes data available for operational decision-making, improves quality of the processes and, in some cases, also results in reduction of costs that the company faces.
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4
Treasury process outsourcing
Many companies we speak with globally - large or small - have one things in common: thier Treasury teams are typically quite lean and achieve a lot with fairly limited resources.
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If you are a growing company, you may find yourself in a position to require Treasury expertise for a fraction of full-time, at areduced cost, and at the right level of expertise. In these circumstances we can provide fractional Treasury services, consult as you grow, and operate your processes for you.
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If you are a larger multi-national, you might find our outsourcing services reduce your key person risk or simply allow your team to achieve more by completing one of those improvement projects that will save significant funds, but that the team simply can't find the time for.
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