Introduction to
SmartTreasury
Solutions Summit 2014
Michael Uram
Agenda
• What is SmartTreasury?
• Creating Value Through Treasury
• Overview of SmartTreasury Features
Chesapeake System Solutions, Inc. • Proprietary and Confidential
What is SmartTreasury?
Treasury management system (TMS) which facilitates more efficient
and accurate cash and liquidity management, driving higher
investment returns and lower borrowing rates.
Chesapeake System Solutions, Inc. • Proprietary and Confidential
Treasury Organization Structures
Centralized
Decentralized
In-House Bank
Chesapeake System Solutions, Inc. • Proprietary and Confidential
Creating Value Through Treasury
Since the onset of the economic crisis that engulfed most of the world beginning in mid-2007,
liquidity has become more important than earnings growth to creditors and investors alike.
Treasury Mgmt. Intl Issue 179
Treasurers Responsibilities
• Cash management
• Risk management
• Funding and credit
• Efficiency
• Advisory role
Liquidity
Management
Ensuring the company is able to meet
current and future obligations when they
come due in as timely, efficient and cost
effective manner as possible
Cash Flow
Management
“Having the right amount of money, in the
right currency, in the right place, at the
right time”
Chesapeake System Solutions, Inc. • Proprietary and Confidential
Cash Management Cycle
Bank
Reporting
Ensuring companies have the:
In House
Banking
Bank Rec
• Right amount of funds, in the
• Right currency, at the
• Right time, in the
• Right place
Cash
Positioning
Netting
Cash
Forecasting
Transfers
Sweeping &
Pooling
Accounting, Reporting, User Security, Audit Trails, Web / Mobile Access
Chesapeake System Solutions, Inc. • Proprietary and Confidential
Usage of Tools in Treasury
Chesapeake System Solutions, Inc. • Proprietary and Confidential
Operational to Strategic
Typical Treasury Department
Best Practice Treasury Department
Strategic
(%5)
Strategic (%50)
Analytical (15%)
Analytical (30%)
Operational (80%)
Operational
(20%)
Chesapeake System Solutions, Inc. • Proprietary and Confidential
Overview of SmartTreasury Features
• Cash and liquidity management
• Cash forecasting
• Centralized funds transfer
• Bank account management
• Multicurrency
• Automated G/L posting from
internal and/or external
transactions
• In-house bank accounts
• Internal loans
• Bank transactions
• Interfaces to ERP systems to
provide more robust A/R or A/P
cash forecasting
• Mobile device access
Chesapeake System Solutions, Inc. • Proprietary and Confidential
Cash and Liquidity Management
• Customer definable
worksheets
• Estimate and Actual
transactions
• Definable time
horizons
Chesapeake System Solutions, Inc. • Proprietary and Confidential
Centralized Funds Transfer
• Repetitive and Free format payments
• Robust user security and workflow
• Full end to end tracking –
Fed reference # storage
Chesapeake System Solutions, Inc. • Proprietary and Confidential
Bank Account Management
• Contact and signatory management
• Bank and account management
• Work flow management
• Letter generation
Chesapeake System Solutions, Inc. • Proprietary and Confidential
Please enjoy the rest of
the Solutions Summit!
Michael Uram
muram@chessys.com
443-898-6672