Cash Management

The issue of what to invest surplus cash in and which banks to place deposits with is of primary concern to an increasing number of companies. This is becoming a wider issue as many companies are choosing to hold onto surplus cash rather than repay debt. Counterparty risk is now an issue at Board level.

Other Cash Management Services

Other services in the area of cash management would be:

Tendering selection process and the construction of a request for tender (RFP) where companies and/or government institutions are required to put cash pooling arrangements out to tender
Associated systems implementation (in particular the efficient linking of bank balance and reporting systems to Oracle and Salmon Software systems)
Bank charge review to identify cost savings and efficiencies
Money transmission and bank lodgment efficiency especially geared towards companies in the retail sector.

Contact us if you require more information on this topic

What Our Clients Say

We are a large company with a turnover of c.€250m. Initially we used Treasury Solutions to review our treasury policy and procedures to ensure that they were appropriate to an organisation of our size and complexity. Since then the group refunded its entire debt as part of a major acquisition and the advice we received in relation to strategy, bank covenants and facility letters was invaluable. TS have continued to support us through the current financial crisis with pragmatic and independent advice.

CFO,, Large Company

I have used Treasury Solutions since 2005 for a variety of roles - from the creation of a top class Treasury Policy that is tangible and meaningful, to a review of our treasury function from an Audit and Best Practice viewpoint, to adhoc day-to-day advice and views (on) what is happening in the re-financing market. Reliable, consistent and customer-focused; they are very much a part of my decision making process.

CFO,, Large PLC and Private Company

Since the downturn, I have used Treasury Solutions as a sounding board and to watch my back in terms of banking covenants and funding strategies. At all times, I have found them to be approachable, plain speakers and experts in their area. I think their fees could have been the best spent money that our company has spent in the last few years.

CFO,, Major Private Company

We used Treasury Solutions to assist us with the development of a foreign exchange policy. Their suggestions were practical and well communicated. They understood the subject thoroughly and we will use them again in the future should the need arise.

FC, , Private Irish Company with turnover of €160m

We are an Irish owned multinational company with a turnover in the region of €350m and 2,000 staff. Our treasury function is very complex with a large number of FX exposures and funding arrangements. Treasury Solutions has given invaluable support on a wide range of matters from strategic policy to day-to-day advice. Independent, professional and thoroughly competent.

Group Finance Director,, Large Private Company

John Finn of Treasury Solutions continues to be an invaluable help to us as a small business in our long-term financial planning and in our dealings with financial institutions. In most recent times, his experience and up-to-date knowledge of the financial scene allowed us to be confident of our case in prolonged and difficult negotiations with our main banking partner. Encouraged by John’s tenacity and advice we achieved a favourable long-term result, which will allow us to get back to focusing fully on the running and developing of our business.

Ruairí & Marie-Thérèse de Blacam,, Inis Meáin Rest. & Suites