Treasury Departments
Treasury Departments
To be a best-in-class treasury, you need to be a strategic hub and financial partner that effectively manages liquidity, financial risk, and capital structure while supporting the company's overall business objectives - this is what ATOM provides
ATOM gives you the power and flexibility to operate with a high degree of automation, utilizing advanced technology for real-time cash visibility, forecasting, and risk management, including foreign exchange, interest rate, and commodity risks.
ATOM enables your team to work cross-functionally with finance, procurement, and operations, ensuring optimal capital allocation, efficient cash flow management, and strong relationships with financial institutions.
With ATOM, you can proactively ensure regulatory and internal policy and procedure compliance, while fostering innovation in your organization across disciplines, whether its ensuring proper workflow for payments, ensuring adequate liquidity or reducing risk around partners and customers while minimizing earnings volatility.
Goals
- Achieve Instant visibility into cash, forecasted cash, liquidity, and risk
- Gain access to the capital markets through automation and analytics - improving liquidity, funding flexibility and lowering borrowing expenses
- Realize the benefits of comprehensive automation - cost savings, improved data quality and reliability and the ability to repurpose time to high value-added treasury initiatives
- Ensure compliance, automate best practices, proactively prevent fraud
- Comprehensively manage bank relationships across the enterprise - track bank accounts, bank fees, share of wallet, bank score card
- Identify and manage counterparty risk
- Increase income return on cash, bank balances and investments
- Reduce fees and expenses (bank fees, interest expense, headcount repurposing from automation)
- Reduce earnings volatility
- Implement and automate Treasury's service level to the corporate enterprise
Challenges
- Don’t have real-time visibility of cash and risk?
- Takes a lot of time to organize data and once they do, the data is already stale?
- Lots of manual processes?
- Lots of Excel spreadsheets?
- No auditability of data nor processes?
- Inability to utilize best practices?
- Inefficiency leads to increased costs and risks?
