The responsibility of a treasury department is the management and control of future cash flows in accordance with an organization’s treasury policy guidelines, and the management of the risks related to those cash flows. The attention to treasury management has increased rapidly. This is triggered by the increasing complexity of the financial markets, and the fact that an increasing number of corporates realize that cash flow management is one of their organization’s crucial processes.
Zanders provides expertise in all areas of treasury, from drawing up the treasury policy, to designing and setting up the department and all transaction accounting. The treasury's strategic policy, as well as its responsibilities and scope, should be set out in a treasury statute, or policy document. Zanders provides experienced advice in formulating such documents.
We also provide support on practical, day-to-day matters. For example, Zanders is experienced in implementing treasury management systems. Using our extensive knowledge of financial products and related legislation, we can help develop and extend the accounting processes.