Topic
Corporate Cash & Liquidity Management
The operating side of treasury: seeing and controlling cash day to day and planning it over time. Cash positioning vs forecasting, physical vs notional pooling, in-house banks and payment factories, and how to get global cash visibility.
These are the decisions the systems exist to support — written from real treasury-transformation work, with the trade-offs and the things that usually go wrong.
Cash Positioning vs Cash Flow Forecasting: What's the Difference?
Cash positioning tells you the cash you have right now; cash flow forecasting projects the cash you'll have. Two different jobs, with different horizons, data and accuracy — and why confusing them costs treasury teams.
Direct vs Indirect Cash Flow Forecasting for Treasury
Direct forecasting builds cash bottom-up from expected receipts and payments — accurate, short-term, operational. Indirect derives it from projected financials — longer-term, strategic. Which to use, over what horizon, and how to combine them.
The 13-Week Cash Flow Forecast: A Practical Guide
A 13-week cash flow forecast is a rolling, week-by-week projection of cash in and out over the next quarter, built on a direct receipts-and-disbursements basis. Why 13 weeks, why the direct method, and how to build one that actually gets used.
How to Measure Cash Forecast Accuracy
Measure cash forecast accuracy by comparing forecast to actual per period and category, using variance %, MAPE, bias and hit rate — broken down by horizon and category — so you know where the forecast is reliable and how to improve it.
How to Build a Daily Cash Position
A daily cash position is a consolidated view of the cash you actually have available today — across every account and currency. What goes into it, prior-day vs intraday, actuals vs expected, and how to build one that treasury can trust.
How to Achieve Global Cash Visibility
Global cash visibility is seeing all the group's cash — every account, entity, currency and bank — in one timely, consolidated view. It's mostly a data problem: complete, standardized statement coverage. Why it's hard and how to get there.
Physical vs Notional Cash Pooling: How to Choose
Physical pooling moves funds to concentrate cash (zero or target balancing); notional pooling offsets balances for interest without moving money. The trade-offs in control, intercompany, tax and bank support — and when to use each.
What Is an In-House Bank? A Treasury Guide
An in-house bank is a central treasury function that acts as a bank for the group's entities — internal accounts, intercompany funding, payments and collections on behalf of, and netting — to concentrate cash and cut external banking.
Bank Account Rationalization: How to Cut Account Sprawl
Bank account rationalization is reducing the number of bank accounts and banking relationships to the minimum a company actually needs. Why account sprawl is expensive, how to run a rationalization, and how to govern accounts so it doesn't creep back.
What Is a Payment Factory?
A payment factory centralizes payment processing for many group entities through one standardized channel, often with payments-on-behalf-of (POBO). Why groups centralize payments, how it works, and the intercompany complexity to plan for.
Intercompany Netting: How It Works
Intercompany netting offsets what group entities owe each other so only net positions settle — cutting the number and value of payments, FX conversions and bank fees. Bilateral vs multilateral netting, how a netting cycle runs, and what to watch for.
Managing Surplus Cash: Short-Term Investment Basics
Managing surplus cash means putting cash the business doesn't need immediately to work safely — governed by an investment policy that prioritizes security, then liquidity, then yield, in that order. The cardinal rule, cash segmentation, and what goes wrong.
Bank Fee Analysis: How to Stop Overpaying Your Banks
Bank fee analysis systematically reviews what your banks charge — reconciling actual fees against agreed pricing, catching errors, and benchmarking. Bank fees are opaque, high-volume and often wrong; analyzing them recovers real money.
Follow the build → — one practical finance-systems pattern every two weeks.