Corporate Treasury

CFGI Treasury delivers independent, strategic treasury advice and support to our private equity and corporate clients. We are a team of former corporate treasury practitioners who bring hands-on assistance and practical, actionable solutions to every engagement. We provide a broad array of treasury services including:

  • Carve-out support
  • Treasury separation and integration
  • Global cash and liquidity planning
  • Cash forecasting
  • Banking account structuring and rationalization
  • Cash pooling and netting
  • Treasury systems selection and implementation
  • Interim management support
  • Treasury health checks (assessments)

We work directly with your treasury team or external advisors and consultants to ensure the project is delivered on time and within budget. Our hands-on approach to client relationships results in a service experience that is second to none.

Carve-Out and Spin-Off Transactions

Carve-out and spin-off transactions are dynamic projects that require experience and agility to execute effectively. With many internal and external stakeholders, we work collaboratively to ensure that the treasury function is operationally ready for Day 1 and beyond. We have supported dozens of these transactions and bring the experience to ensure an issue-free treasury process. Our team will:

  • Establish a fully functional and operational standalone treasury function that is fit for purpose
  • Ensure cross-functional alignment with other workstreams (e.g., tax, payroll, accounting, legal)
  • Complete the Know Your Customer (‘KYC’) process for new or transitioning bank accounts
  • Develop bank structure that addresses liquidity needs
  • Work with Sponsor and company management to understand Day-1 cash needs
  • Establish a cash and liquidity structure that ensures global cash visibility
  • Develop intercompany netting and pooling process (if necessary)
  • Identify and quantify risk exposures such as FX, interest rate or commodity
  • Establish policies and procedures to ensure proper control over cash and credit
  • Provide outsourced treasury management.

Treasury Diagnostic

Our Treasury Diagnostic is a low-cost, effective assessment of your existing treasury processes performed at both a strategic and operational level. We benchmark your operations and provide an objective and actionable set of improvement opportunities to ensure you are taking advantage of the industry’s best practices, products and services. Our team will:

  • Perform an effective and rapid assessment of people, processes, policies and technology
  • Analyze whether current treasury structure supports company objectives
  • Recommend improvements to improve efficiencies and controls
  • Assess both operational and financial risks
  • Identify opportunities to deploy technology and automate processes
  • Assist with implementing recommendations

Banking and Liquidity

A proper bank account structure can reduce manual processes, improve liquidity, maximize returns on cash balances and reduce bank service fees. Our experience and deep knowledge of the banking market enables to effectively:

  • Assess, simplify and enhance existing banking structure (most bank structures are an amalgamation of accounts added via acquisition, growth or other special requirements)
  • Review bank account security and controls
  • Improve cash visibility and reporting and put idle funds to work, including trapped cash
  • Analyze bank fees and services to ensure appropriate pricing
  • Develop cash pooling and netting structures that improve work capital
  • Implement automated cash sweep and concentration solutions (if applicable)
  • Leverage technology and latest bank offerings (e.g., virtual bank accounts, APIs)
  • Develop and manage RFP process for new bank service providers (if applicable)

Short-Term Cash Forecasting

Proper cash forecasting is essential for the success and survival of any business and it enables companies to make informed financial decisions, improve profitability, and reduce financial risks. The right cash forecast can help a company weather economic uncertainties and maintain long-term financial stability. CFGI’s treasury team can:

  • Assist with implementing or refining the 13-week cash forecast process to improve visibility and reduce variances
  • Identify short-term trends and gaps before they impact business
  • Leverage technology to improve accuracy and reduce forecasting timeline
  • Incorporate covenants and other KPIs to provide performance measurement to key stakeholders

Treasury Technology

Technology enables Treasurers the opportunity to effectively manage operations and gain efficiencies that will enable them to move beyond daily transaction processing and become a strategic advisor within the company. CFGI Treasury can:

  • Assess technology requirements and assist with vendor selection and implementation
  • Review current processes and define process re-engineering based on functional requirements
  • Identify gaps and determine whether technology can address issues
  • Project management support, including process design and go-live planning

CFGI has your back

Our treasury professionals have the experience and expertise to help your organization in whatever capacity necessary. We can manage specific projects (e.g., system implementation, banking RFP), supplement your existing treasury team or outsource your treasury function entirely.

Regardless of how you choose to partner with CFGI, we will provide a tailored treasury solution that is seamless and effective.