Corporate Treasury

Corporate Treasury

A real-time global view of cash, risk and commodity exposure on a single cloud-based system

  • The Challenge

    Identifying different sources of risk throughout the enterprise are an increasing focus of today’s corporate treasury. Technology and software that can deliver an enterprise-wide view of all exposure is mission-critical to protect cash flow and P&L.

    The Opportunity

    By creating a single source of the truth to break down silos within the organization, treasurers can enhance visibility and mitigate risk throughout the enterprise.

  • The Openlink Solution

    Openlink provides a consolidated, enterprise-wide view of commodities, treasury and risk on a single, consolidated platform. Our solution works across business functions so treasurers have a view of all cash management and treasury operations, debt and investment management, and risk and commodities procurement on one platform, providing a single, real-time version of the truth while automating manual processes and reporting.

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    • Reduce reliance on spreadsheets and improve controls with an enterprise cash and risk solution

      Challenge

      Treasury departments today use a variety of tools to manage their data and transaction processing. This includes using different systems across many disciplines, such as FX, bank statement reporting, derivative trading and hedging, payments and more. Integration between systems comes at a high price in terms of IT and time. But the single most often used tool, spreadsheets, is also the most error prone and lacks the controls that auditors want to see. Spreadsheet errors are also easily propagated which can lead to disastrous results. 

      Solution

      By selecting an enterprise treasury and risk management solution, firms can replace multiple point solutions with a single solution, and improve controls and reduce IT costs.

      Openlink’s treasury and risk management solution not only lets users automate their cash management processes and improve controls, but also allows them to break down silos across the organization to visualize all risk, including embedded commodity risk, on a single platform.

    • Improve visibility on risks sitting outside of the treasury department

      Challenge

      Silos continue to be a problem for treasury across many organizations. Even as the treasurer’s role becomes more strategic, inproving visibility can be challenging. For instance, the treasurer doesn’t always know about the hedging that occurs in the commodity procurement process for companies acquiring raw materials for their manufacturing process. This can lead to duplicate hedging in some instances, and inaccurate risk reporting to senior management.

      Solution

      Openlink’s enterprise solution breaks down those barriers with its commodity procurement capability (for both physical and financial commodities). Now the treasurer can benefit from a centralized global treasury, cash and commodities hedging solution giving the business a holistic view of risk and opportunities to maintain and improve margins while achieving economies of scale and saving on bank fees.

    • Improve cash forecasts with direct spend analysis

      Challenge

      Cash forecasting can be quite complex, and not easy to solve for in a global organization particularly those that procure commodities for their manufacturing process. Big data across multiple systems makes it especially difficult to compile an accurate forecast so that the treasury department can fully anticipate the needs of the business for acquiring raw materials. Add to that price and currency volatility, macro shocks such as bad weather/poor harvests and the challenge continues to rise.

      Solution

      With Openlink’s direct spend analytics and cash forecasting capabilities providing transparency into all points along the value chain treasury has the visibility they need into the cash needs of the business and can properly schedule the movement of funds and hedging at the appropriate times.

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