The Toolkit
The Toolkit is a logical conclusion to the material in this book. In this, actual practical and implementational tools are found that the reader may derive from to put in use on the job.
- Treasury Policy
- Framework
- Aspects that need closer scrutiny
- Review
- Implementation
- Treasury Systems
- System requirements
- System selection
- Linkages with internal systems
- Linkages with external systems
- Managing the technology partner (vendor)
- Centralization checklist
- Rationale for Centralization
- Aspects to look out for
- Centralization checklist
- Key Performance metrics and scorecard for a Treasury
- Performance metrics
- Holistic evaluation
- Profit centre v/s cost centre
- Benchmarking scorecard
- Importance of Benchmarking
- Selecting the right candidates
- Caveats to look out for
- Benchmarking parameters
- Banks and Service relationships
- Maintaining Banking relationships
- The Request for Proposal (RFP) process
- Bank assessment and evaluation scorecard
- Operations and Control Checklist
- Important aspects of Operations and Control
- Important Checklist items that need to be factored in as a step towards a more efficient, tighter, smoother operations process
- Covers key themes such as documentation, general regulations, controls, execution and operational and system hand-offs
- Outsourcing checklist
- Rationale for Outsourcing
- Key touch points
- Outsourcing checklist
- Training and Skill Development
- Resourcing
- Different skills for different roles
- Cross-functional mobility
- Outsourced employees
- Training needs
