普华永道--财务管理最佳实践之现金管理.ppt

Click to edit Master title style,Click to edit Master text styles,Second level,Third level,Fourth level,*,PwC175g,Cash Mgmt update,Click to edit Master title style,Click to edit Master text styles,Second level,Third level,Fourth level,单击此处编辑母版标题样式,单击此处编辑母版文本样式,第二级,第三级,第四级,第五级,*,Best Practice Financial Processes:Cash Management,Cash Management-Best Practice Objectives,Cash Management,Objectives,Organisation,People,Processes,Controls,Measures,Information Systems,Manage short term liquidity and long term funding requirements,Minimise companys cost of capital,Efficiently manage the processing of cash transactions,Effectively forecast cash requirements,Manage petty cash efficiently,Centralised cash office&pooling,Integrated with Accounts functions,Record/manage receipts and payments,Manage cash position,Perform reconciliations,Perform period end closing&reporting,Policies&Procedures,Bank liaison,Authorisation limits,Internal controls,Speed of reporting,Accuracy of forecasting,Return on Capital,Integrated bank account with sub-ledgers,Automatic bank reconciliations,On-line/real time,Cash forecasting,Cash management skills,Liaison with financial institutions,&repayment,Segregate cash management from accounts receivable and accounts payable functions,Cash Management-Measures/Cost Drivers,Process Features,Number of cash transactions per FTE,Manage cash position,Multi-currency systems,Cash Office(CO),Agree Finance terms,Regular reconciliation of all cash books.,Cash forecasting,Forecast cash,EDI used for majority of payments and receipts,Agree Finance terms,Commitment details,Process Features,Segregate cash management from accounts receivable and accounts payable functions,Localise cash collection,Minimise level of petty cash requirements,Transmit mechanisms evaluated on cost and risk basis,Create netting arrangement with internal business partners,Obtain pan-European banking facilities that allow netting off of account balances,Map cash collection and payment cycles,identify actions to minimise these periods,Minimum number of banking relationships maintained to ensure coverage and purchasing power,Clear unmatched cash within 1 day,Regular reconciliation of all cash books.Maintain petty cash imprest systems,Obtain access to on line bank statements,Monitor the cost of cash transmission mechanisms,Cash balances reported on a daily basis by account and business centres,Treasury determine short term cash requirements from cash forecast and daily report,Cash surpluses managed by Treasury,Petty cash/foreign currency floats periodically audited,Company loan accounts reconciled monthly,Treasury consolidate and manage cash forecast requirements,Monitor bank facilities to minimise interest payments and maximise receipts,Forecast cash on a regular basis:rolling 12 month forecast-annual 5 year ahead reviews,Cash Management-Best Practice Features,Establish and,maintain cash,control mechanisms,Perform bank,reconciliations,Report and,manage cash,balances,Forecast cash,requirements,System Features,EDI used for majority of payments and receipts,Comprehensive system security and password features for payment,Multi-currency systems,.,Transmission used for bank statements,Bank remittance notices issued with sales invoices,Electronic reconciliation of bank statement and cash book,Currency rates available for sterling equivalents,Individual bank account cash balance reports produced on a daily basis,Summary consolidated cash reports available on-line to Treasury,Intercompany netting bank accounts reconciled automatically,Integrated enquiry from cash book entries to sub-ledgers,Automatic production of cash forecast statements from commitment/accrual accounting,Project analysis and control linked to finance systems,Analysis by market share/product cost etc,Cash Management-Best Practice Features,Establish and,maintain cash,control mechanisms,Perform bank,reconciliations,Report and,manage cash,balances,Forecast cash,requirements,Number of cash transactions per FTE,System Features,Intercompany netting bank accounts reconciled automatically,Matching rules,Cash surpluses managed by Treasury,Cash Management-Best Practice Features,Commitment details,Extent of government regulation,Reconciliation procedures,Strategic Planning,Extent of government regulation,Reconciled cash books,Information,Cash forecasting,Perform bank,Monitor bank facilities to minimise interest payments and maximise receipts,Cash Management-Level 0 Context Diagram,Cash Management-Critical Success Factors,These are a summary of the key business requirements,which must be met to achieve Cash management objectives.,Electronic Interfaces with Accounts Payable,Accounts Receivable,Payroll and General Ledger,Establish and maintain good relations with banks,Agree Finance terms,Reconcile bank accounts on a regular basis,EDI for the majority of payments and receipts,Automated bank reconciliation systems and processes,Cash monitoring and forecasting techniques provide first class accuracy,Integrated on line systems to audit trail cash transactions,Operate minimum petty cash and foreign currency floats,Separation of Cash management staff duties from other finance operations,Cash Management-Measures/Cost Drivers,Measures,Cost of Capital,Number of bank accounts,Number of banking relationships,Number of outstanding reconciling items 3 months old,Difference of interest rate of cash accounts vs.Money Market rates per currency,Percentage of cash transactions effected electronically,Number of days in obtaining value for funds,Floating days per bank,Cost of cash function as a percentage of total finance cost,Number of cash transactions per FTE,Number of unreconciled cash transactions,Number of accounts outside cash pooling,Cash Management-Measures/Cost Drivers,Cost Drivers,Electronic payment and receipt mechanisms,Number of banking locations and bank accounts,Number of international locations,System interfaces available for cash entries,Types of payments and currencies used,Number of petty cash sites,Number of transactions per day,Extent of government regulation,Cash Management-Level 0 Context Diagram,Cash Management,Budgeting,and control,Cash office,Management,team,Audit,Purchasing,Accounts,receivable,Accounts,payable,Payroll,Banks,General,ledger,Financial,institutions,Cash forecasting,Cashflow monitoring&forecasting,Check reconciliations,Treasury expertise,Remittances,Commitment details,Petty Cash,Process Receipts,Process Payments,Payroll payments,CM details,Bank,Statements,Sales order processing,Sales orders,Cash requirements,Cash Management-Level 1 Overview,Customer accounts,Cashiers,Bank,CM&Billing,system,Record receipts,Daily banking,Receive cash,cheques bank receipts,Receipt information included in,cash book and GL,AP controls,Authorisation,Payment Terms,Matching rules,Authorised invoice/expense,DD/SO,Other payments,Cash,Cash Office(CO),AP department&system,Bank,FD,Payroll department,Person requesting cash,Reconciliation procedures,Exception reports,Clear unmatched items,Journal rules,Reconciled cash books,Cash Office(CO),AP report,Customer accounts,Management Accountant,Bank,Payment information included,in AP(cashbook)and GL,Reporting procedures,Review,Benchmarking,Cash management staff,Bank,Transmission Mechanism,Close procedure,Reconciliation procedures,Forecasting rules and procedures,Reporting formats,Forecast&Reporting Timetables,Financial accountant,Cash management staff,AP,Customer Accounts,Sales&Marketing,Customer Engineering,Strategic Planning,Managed,cash,Reports,Bank statements,Cash forecasts,Confirm,arrangements,Loan details,&repayment,schedules,Process receipts,CM1.1,Process payments,CM1.2,Reconcile bank statements to ledgers,CM1.3,Manage cash position,CM1.4,Period end closing forecasting&reporting,CM1.5,Cash updates,Current banking terms and transaction rates,Cash Management-Appendix 1:IDEF Process Flow,The diagram below provides a key to the process diagrams used in this document.,Process/activity,Controls,(i.e.,Procedures,Standards,Requirements for rework),Output,(i.e.,Information,Material),Resources,(i.e.,People,Functions,IT systems,Machines),Input,(i.e.,Information,Material),三茅招聘管理软件，永久免费，,HR,都在用。官方下载网站：,