Treasury Department Development: Organic Growth

The development of a treasury department is an important milestone as an organization grows in size and complexity.   Typically, only large organizations (> $250 Million in Revenue) have dedicated treasury departments.  One of the key considerations as to when to develop a treasury department is cash management complexity.  If cash management operations (within the Controller's group) lacks sufficient security & efficiency then an organization should consider the development of a dedicated treasury department. 

Treasury Department Development: Corporate Spin-Off

Spin-off treasury departments generally have a more robust scope of operations due to the underlying business(es) being significantly more complex in size and revenue.   A treasury department for a corporate spin-off must be able to address the needs of a large organization on day one.  Therefore, creating a new treasury department for an entity that will be spun-off creates unique challenges.  In addition to the typical functions that are create when developing a new treasury department, a spun-off treasury department must address the following issues:

• New Corporate Entity Structure
• Bank Relationship Management
• Treasury Technology Licensing
• Treasury Services Outsourcing

The Treasury Department Development Process

TreaSolution's treasury consultants have extensive experience assisting organizations in developing successful treasury departments.  Our treasury consultants are experts pertaining to treasury best practices and will assist your organization in the formation and implementation of:

• Treasury Department Scope of Operations
• Treasury Personnel Professional Development
• Treasury Hierarchy Development
• Treasury Technology Evaluation
• Treasury Policy Development
• Treasury Procedure Development
• Treasury Internal Control Development

A critical step in developing a secure and efficient treasury department is to have a detailed understanding of current treasury best practices and internal controls.  TreaSolution's treasury consultants will collaborate with pertinent departments (Accounting, Internal Audit, Legal, IT, Etc..) to ensure that the development of your organization's new treasury department is an overwhelming success!

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