Treasury Management
and its Functions
If we have to describe
treasury management, then we can state that it is the management of cash, fund , currency, bank
and financial risk. So, it is an imperative tool of finance. In this
management, finance manager checks the
cash inflow and outflow. He makes the list of all receivable amounts which will
increase treasure house of the company He also tracks the dates in which he has to receive the fund from debtors. Under this management, he estimates all financial risk for investment of cash.
All investment is on the basis of investment policy.
Many organizations have separate treasury department. If company deals with
foreign currency, then management of foreign currency risk is the duty of
treasury department.
SAP Treasury provides insight knowledge for cash flow cycle management and work for Treasury. The SAP Treasury module enables cash manager to automate the tasks and get hand to hand information about each and every transaction that enabling cash managers to take preventive actions if any in case of risk, give payment advices and manage all the communication process smoothly.
SAP Treasury course attracts students from financial background having degrees in Finance or Accounting like B.COM, M.COM, MBA etc.
This course can also be pursued by MCA, B.Tech or M. Tech students who have sound knowledge in finance and banking along with basic knowledge in information technology.
The course is highly suitable for project managers, cash managers, accountants involved in cash flow management, risk management etc. Who are familiar with business, trading and banking.
Function
of Treasury Management
1. To maintain the liquidity of business
It is the main function of treasury management to maintain the liquidity of business. Without proper liquidity, it is risk for business to operate smoothly. By using cash flow analysis and working capital management. Treasury officer make good ratio of liquid assets and liquid liability.
2. To Minimize Currency Risk
The function of treasury management to minimize the currency risk. For this, treasury managers touch with currency market of world. They analyze the reason of crisis in currency market. Sometime this crisis will be benefited for them because they have to pay less to other country for getting their service at cheap rates.
3. To provide quick finance to Company
It is also function of treasury department to supply quick finance to company, when it needs the money. For this, a good network in financial market is required.
1. To maintain the liquidity of business
It is the main function of treasury management to maintain the liquidity of business. Without proper liquidity, it is risk for business to operate smoothly. By using cash flow analysis and working capital management. Treasury officer make good ratio of liquid assets and liquid liability.
2. To Minimize Currency Risk
The function of treasury management to minimize the currency risk. For this, treasury managers touch with currency market of world. They analyze the reason of crisis in currency market. Sometime this crisis will be benefited for them because they have to pay less to other country for getting their service at cheap rates.
3. To provide quick finance to Company
It is also function of treasury department to supply quick finance to company, when it needs the money. For this, a good network in financial market is required.
For More Details in learning please contact : P Das, SAP Consultant
Phone : +91 9163947650
Whatsapp : +91 98303 17009
Whatsapp : +91 98303 17009
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