Documents

Conference Call Series

  • Leasing as an Alternative to Debt
    In today’s economic environment debt can be expensive or even unavailable. Learn from BlueSky Capital Strategies how leasing can serve as an alternative form of financing and how to avoid some of the pitfalls associated with this form of debt. read more
  • Moving Beyond EBIDTA
    Arguably liquidity is as important as profitability to a company seeking to remain competitive. Weak cash flow or lack of access to the capital markets can hamper investments, product marketing, etc. Learn from FECG and Bluestone International how planning to move beyond profitability measures like EBITDA can enhance a company’s competitive profile. read more
  • Best Practices in Debt Compliance
    Managing debt has never been more important. Banks today look at debt management as a reflection of management’s ability to operate profitability and in accordance with agreed to terms of a credit agreement. Learn from Debt Compliance Services and a panel of experts how to manage your debt and comply with its terms to lower costs and the risk of default. read more
  • Global Liquidity Management
    Gaining global cash visibility is the first step in managing liquidity. To effectively put this liquidity to its best use requires an understanding of the relative costs and benefits of working in different economic environments and tax regimes. Learn from Bank Mendes Gans how to manage global liquidity through the use of various international treasury techniques. read more
  • Trade Receivable Securitization
    Trade receivables can provide companies with the ability to access credit. Often they are highly liquid and represent a highly reliable source of cash to a company and to its creditors. Learn from Financity how to utilize your ARs to obtain the credit needed to remain competitive. read more
  • ERP Systems
    Understanding if your actions generated the desired result can be difficult in an environment with many financial systems. Learn from Oracle how to optimize your visibility over liquidity and risk. read more
  • Using ARs to Achieve Liquidity
    For midsized companies gaining access to the desired level of liquidity can be difficult. Often their credit profile will discourage a bank. Learn from The Receivables Exchange about an alternative to bank debt which will allow companies to sell their ARs at a market price. read more

Articles of Interest

  • Investing in Technology: Are Corporate Treasuries Generating Positive Returns
    A recent survey suggests that treasury either buys too much technology or does not buy at all, how can they make sure they make the right decisions when it comes to investment? GTNews Article. read more
  • Managing the Modern Treasury
    Traditionally, treasury spends a high percentage of its resources processing. In the modern treasury, more resources should be spent on plans for managing liquidity and risk. Also, treasury should be prepared to measure its performance to allow it and the company to judge value added. read part 1 | read part 2
  • Top 10 Reasons to Use Treasury Technology
    As published on the AFP website the attached is a sometimes humorous look at how technology can enhance performance. read more
  • Use of Lockboxes
    FECG’s managing partner, Bruce Lynn, comments on the use of lockboxes to improve incoming cash flows. See his comments starting on page 4 of the AFP Payements newsletter.  read more
  • Gaining Efficiency from the Silent Balance Sheet
    Companies have traditionally focused on profit and loss, leaving their balance sheets exposed or out of sight. This article argues that by more closely linking profitability with liquidity, treasurers can improve their overall cash management as well as gain an advantage over their competitors. GTNews Article. read more
  • If Forecasting is so Important Why Can’t Companies Get IT Right?
    In a recent article appearing in GTNews Bruce Lynn explains why treasury areas have a difficult time forecasting future cash flows despite surveys which indicate forecasting is THE most important task for treasury. The article goes on to explain how treasury can improve its forecasting capability. read more

Recent FECG Presentations

  • Credit Crisis Fallout: A New Paradigm for Banking Relationships?
    The well known “credit crunch” has been in the news for several years now. What is not so well known is its impact on a company’s banking relationship which may no longer serve the company’s purposes from credit to cash management. Learn from FECG what too look for in a new banking relationship. read more
  • Managing a Corporate Treasury
    Managing a corporate treasury department is becoming more difficult. Learn from FECG, as presented at the recent New York Cash Exchange, how to manage a modern treasury including some “top 10 advice.” read part 1 read part 2
  • Valuing Assets in Today’s Environment
    Most companies are now subject to new rules on how to value assets based on market prices. Learn from Grant Thornton how FASB 157 impacts your balance sheet. read more
  • Auditing the Treasury Function
    Auditing the treasury function presents management with a different set of challenges than functions that only need concern themselves with historic transactions. For example: Treasury needs to look into the future when initiating transactions that hedge certain market risks. Then there are the issues associated with “vendors” like all of the company’s banks. Those interested in maintaining controls over the various aspects of their treasury function may be interested in a presentation given to the Philadelphia chapter of the AFP by Bruce Lynn. read more