As businesses grow and evolve, treasury operations become increasingly complex, with risks across cash optimisation, liquidity, funding, financial markets and effective governance & controls. An effective treasury function safeguards value whilst optimising cash to support growth.
Treasury Function Audit
A Treasury Function Audit is a comprehensive diagnostic service designed to provide clarity, mitigate risk, and enhance the effectiveness of your treasury operations.
Contact UsRochford’s Treasury Audits enables helps to:
Reduce Cost
Lower funding costs and optimise liquidity management.
Smooth Earnings
Minimize volatility in earnings and improve cash flow predictability.
Drive Efficiency
Reduce administrative burden through process and system improvements.
Ensure Governance & Control
Empower treasury to effectively manage risk, whilst ensuring appropriate controls and governance is in place
Enhance Enterprise Value
Establish a treasury framework that supports long-term growth and scalability.
Talk to the team today about our Treasury Function Audit services
Core Focus Areas
The Treasury Function Audit explores critical areas within your operations to ensure risks are identified, measured, managed, and monitored effectively. Our focus includes:
- Transactional Banking: Review and optimize cash flow reporting, account structures, and payment processes.
- Liquidity Management: Develop efficient global cash flow forecasting and balance reporting practices.
- Financial Market Risk Management: Evaluate policies and tools for mitigating FX, interest rate, and other financial market risks.
- Cash Repatriation: Strategize working capital optimization and intercompany cash flow efficiency.
- Treasury Governance: Establish clear roles, responsibilities, and accountability within your treasury team.
The Rochford Process
We employ a structured, data-driven approach to assess your treasury function and deliver actionable insights.
Phase 1: Diagnostic Assessment
- Conduct a GAP analysis across:
- Systems, people, processes, and policies (SP3) against treasury best practices.
- Identification, Measurement, Management and Monitoring of treasury risks.
- Identify key risks
Phase 2: Customized Recommendations
- Develop a remediation action plan to address identified gaps.
- Propose targeted improvements for systems, processes, policies and people.
Phase 3: Value Creation
- Provide a return on investment (RoI) analysis for recommended actions.
- Enable implementation of solutions to optimise treasury operations.
Deliverables
At the conclusion of the audit, we deliver a tailored report that includes:
- Comprehensive mapping of the current treasury framework.
- Detailed identification of gaps and opportunities.
- Actionable recommendations for remediation and/or optimisation.
- Reporting tools for management and board-level insights.