Visão Geral

Curso Corporate Treasury Management. Aprenda como administrar as atividades de tesouraria com mais eficácia usando novas abordagens e tecnologias - escopo global com foco especial no ambiente financeiro dos Estados Unidos.

Objetivo

Após realizar este Curso Corporate Treasury Management, você será capaz de:

• Desenvolver um plano de ação e utilizar as melhores práticas na estratégia de gestão de tesouraria
• Desenvolver um plano de ação para avaliar e melhorar suas operações de tesouraria
• Aplicar os princípios gerais às suas situações específicas por meio de interações com o líder do curso e outros participantes
• Compreenda as melhores práticas em gestão de tesouraria
• Negocie melhores termos e preços com seus provedores de serviços financeiros
• Melhorar seus sistemas e técnicas de previsão de fluxo de caixa

Publico Alvo

• Gestores de tesouraria de todos os níveis
  

Materiais

Conteúdo Programatico

The Treasury Function

1. The importance of the treasury function
   
2.  Treasurer role & responsibilities
3.  Organizational structure

Treasury Strategies

1. Setting an overall strategy
   
2.  Potential problems and economies of scale
3.  Strategic solutions
4.  Reading: Microsoft Harnessing Innovation in Treasury
5.  Simulation: Design treasury function/strategy

Treasury Operations

1. Cash flow management and the daily cash position
   
2.  Menu of bank services and their costs
3.  Daily reporting
4.  Exercise: Streamlining Cash Flows

Managing Bank Relations

1. Managing bank relations
   
2.  Bank products and services
3.  Using RFP wisely
4.  Measuring performance
5.  Simulation: RFP Considerations

Liquidity Management

1. Liquidity issues
   
2.  Liquidity reserves
3.  Bankruptcy issues
4.  Case: Lehman Repo
5.  Exercise: Lehman lessons learned

Cash Flow Forecasting

1. Importance of cash flow forecasting
   
2.  Operating and financial cash flows
3.  Analyzing cash forecast
4.  Forecasting alternatives
5.  Readings: Apple Cash Dilemma and Bond Offering
6.  Simulation: Advise Apple Treasurer

Working Capital Management

1. Payments and float
   
2.  Credit and receivables
3.  Inventory and payables
4.  Trade credit
5.  E-Commerce
6.  Exercise: Cash conversion cycle auto/retail sectors
7.  Simulation: Working Capital and Cash Conversion

Supply Chain Finance

1. Case Study: Proctor & Gamble
   
2.  Launching a Supply Chain Program
3.  Implications for P&G and its Suppliers
4.  Supplier Funding Options

Inventory Management

1. Exercise: Apple Computer
   
2.  Lean Inventory Management
3.  Financing Considerations
4.  Potential Challenges

Short-Term Borrowing

1. Bank sources
   
2.  Money-market sources
3.  Comparing Alternatives
4.  Exercise: Short-term borrowing decisions
5.  Simulation: What if Scenario

Short-Term Investments

1. Short-term instruments and markets
   
2.  Short-term strategies
3.  Measuring Investment performance
4.  Exercise: What do investors choose?
5.  Exercise: Investment Risk Rankings
6.  Exercise: Investment Policy Evaluation
7.  Simulation: What if Scenarios

Investment Grade and Speculative Grade Debt

1. Exercise: Telsa
   
2.  Managing a Debt Burden
3.  Cash Flow & Liquidity Considerations
4.  Junk Bond Status
5.  Business and Financing Options

Managing Financial Risk

1. Instruments and strategies
   
2.  Using risk instruments
3.  Monitoring use of derivatives
4.  Readings: Proctor & Gamble and Metallgesellschaft
5.  Simulation: Risk Management Policies

Derivatives Deep Dive

1. Case: FX Risk Hedging at EADS
   
2.  Risk Management Strategy
3.  Forward Contracts
4.  FX Options

Global Treasury

1. In-House Bank
   
2.  Netting, Pooling and Reinvoicing
3.  Case: Roche In-House Bank
4.  Exercise: Roche Takeaways

Payments

1. SWIFT
   
2.  PSD2
3.  Real Time Payments

Key Performance Indicators (KPIs)

1. Treasury Metrics
   
2.  Dashboard/Scorecard
3.  Simulation: Metrics for Treasury Dashboard

Information Technology

1. Banking Portals
   
2.  Treasury Management Software
3.  Enterprise Resource Planning (ERP) Systems
4.  ERP Integrated Treasury Management Systems
5.  Vendor Treasury Management Demo

Treasury Innovation

1. Cryptocurrencies (Bitcoin, etc.)
   
2.  Blockchain
3.  Simulation: Blockchain Treasury Use Cases

Wrap-Up

1. Team Presentations
   
2.  Company Action Plan