Introduction to SmartTreasury Solutions Summit 2014 Michael Uram Agenda • What is SmartTreasury? • Creating Value Through Treasury • Overview of SmartTreasury Features Chesapeake System Solutions, Inc. • Proprietary and Confidential What is SmartTreasury? Treasury management system (TMS) which facilitates more efficient and accurate cash and liquidity management, driving higher investment returns and lower borrowing rates. Chesapeake System Solutions, Inc. • Proprietary and Confidential Treasury Organization Structures Centralized Decentralized In-House Bank Chesapeake System Solutions, Inc. • Proprietary and Confidential Creating Value Through Treasury Since the onset of the economic crisis that engulfed most of the world beginning in mid-2007, liquidity has become more important than earnings growth to creditors and investors alike. Treasury Mgmt. Intl Issue 179 Treasurers Responsibilities • Cash management • Risk management • Funding and credit • Efficiency • Advisory role Liquidity Management Ensuring the company is able to meet current and future obligations when they come due in as timely, efficient and cost effective manner as possible Cash Flow Management “Having the right amount of money, in the right currency, in the right place, at the right time” Chesapeake System Solutions, Inc. • Proprietary and Confidential Cash Management Cycle Bank Reporting Ensuring companies have the: In House Banking Bank Rec • Right amount of funds, in the • Right currency, at the • Right time, in the • Right place Cash Positioning Netting Cash Forecasting Transfers Sweeping & Pooling Accounting, Reporting, User Security, Audit Trails, Web / Mobile Access Chesapeake System Solutions, Inc. • Proprietary and Confidential Usage of Tools in Treasury Chesapeake System Solutions, Inc. • Proprietary and Confidential Operational to Strategic Typical Treasury Department Best Practice Treasury Department Strategic (%5) Strategic (%50) Analytical (15%) Analytical (30%) Operational (80%) Operational (20%) Chesapeake System Solutions, Inc. • Proprietary and Confidential Overview of SmartTreasury Features • Cash and liquidity management • Cash forecasting • Centralized funds transfer • Bank account management • Multicurrency • Automated G/L posting from internal and/or external transactions • In-house bank accounts • Internal loans • Bank transactions • Interfaces to ERP systems to provide more robust A/R or A/P cash forecasting • Mobile device access Chesapeake System Solutions, Inc. • Proprietary and Confidential Cash and Liquidity Management • Customer definable worksheets • Estimate and Actual transactions • Definable time horizons Chesapeake System Solutions, Inc. • Proprietary and Confidential Centralized Funds Transfer • Repetitive and Free format payments • Robust user security and workflow • Full end to end tracking – Fed reference # storage Chesapeake System Solutions, Inc. • Proprietary and Confidential Bank Account Management • Contact and signatory management • Bank and account management • Work flow management • Letter generation Chesapeake System Solutions, Inc. • Proprietary and Confidential Please enjoy the rest of the Solutions Summit! Michael Uram [email protected] 443-898-6672