FINANCE & ACCOUNTING (F&A)
BUSINESS PROCESS OUTSOURCING (BPO)
Finance & Accounting (F&A) Business Process Outsourcing (BPO) is the outsourcing of finance related business processes to another firm. The business process being outsourced is cash management (treasury).
INDUSTRIAL SERVICE
CASH MANAGEMENT
I- Types of the Industrial Service
The 4 types of the Industrial Service - Cash Management are:
â– Industrial Service - Methodology
â– Industrial Service - Software Transfer
â– Industrial Service - Original Template
â– Industrial Service - Co-Creation
1- Industrial Service - Methodology
This industrial service will involve transferring the methodology used by the customer to External.
2- Industrial Service - Software Transfer
The Industrial Service - Software Transfer will involve transferring the software used by the customer for cash management to the firm.
3- Industrial Service - Original Template
The Industrial Service - Original Template - Cash Management contains the following:
I- TREASURY
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II- CASH MANAGEMENT
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III- OUTSOURCED & RETAINED ROLES OF THE DEPARTMENT OF TREASURY & THE DEPARTMENT OF TREASURY
1- Outsourced & Retained Roles of the Department of Treasury (Cash Management).
A- Roles outsourced from the Department of Treasury (Cash Management)
B- Roles Retained by the Department of Treasury
2- The Department of Treasury
A- Treasury Controls
B- Treasury Job Description
C- Position of Treasury within the Corporate Structure
D- Treasury Centralization
E- Treasury Compensation
F- Bank Relations
a- Relationship Bank Relations
b- Bank Account Analysis
b.1- Monthly Account Analysis
b.2- Earnings Credit Allowance
G- Bank Account Management
a- Signatory Management
b- Integration of Information from Bank Accounts into the Treasury Management System
H - Loan Covenants
I- Collateral
J- Treasury Metrics
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IV- CASH TRANSFER METHODS
1- Cash Transfer Methods
2- Fees for Cash Transfers
3- Summary of Cash Transfer Methods
4- Cash Transfer Controls
5- Cash Transfer Policies
6- Cash Transfer Procedures
V- CASH FORECASTING
1- Cash Forecasting Model
2- Information Sources for the Cash Forecast
3- Measuring Cash Forecast Accuracy
4- Bullwhip Effect
5- Business Cycle Forecasting
6- Cash Forecasting Controls
7- Cash Forecasting Policies
8- Cash Forecasting Procedure
VI- CASH CONCENTRATION
1- Cash Concentration
2- Cash Concentration Strategies
3- Pooling Concepts
4- Physical Sweeping
5- Notional Pooling
6- Comparison of Account Sweeping & Notional Pooling
7- Nonpooling Situations
8- Bank Overlay Structure
9- Cash Concentration Controls
10- Cash Concentration Policies
11- Cash Concentration Procedures
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VII- WORKING CAPITAL MANAGEMENT
1- Working Capital Variability
2- Cash Management
3- Credit Management
4- Receivable Management
5- Inventory Management
A- Inventory Purchasing
B- Inventory Receiving
C- Inventory Receiving
D- Production Issues Impacting Inventory
E- The Bill of Materials
F- Product Design
G- Inventory Disposition
H- Payables Management
I- Payment Terms
J- Payment Processing
K- Supply Chain Financing
6- Working Capital Metrics
A- Average Receivable Collection Period
B- Inventory Turnover
C- Accounts Payable Days
D- Days of Working Capital
4- Industrial Service - Co-Creation
With this industrial service, the customer (the contributor) has the ability to edit parts of the template within the original template. The resulting template will be a co-created template that will be made by the initiator (External) & delivered to the firm (customer).
II- The Business Process
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Below (Figure 1) is an example of an organizational chart (SBU Structure) that involve "Cash Management", a business process made within the Department of Treasury.
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Figure 1 - Cash Management < Department of Treasury < Corporate Finance (Organizational Chart: SBU Structure)
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In order to start the process send an email "Hi" to the following
email address: externaltheenterprise@gmail.com, and the business process outsourcing process will be made with External, or send an RFI (Request for Information) or an RFP (Request for Proposal) directly to the same email address.
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- Payment: fiat money (bank transfer).
- Supply Chain (Channel):
Email (encrypted) or
Shipping (encrypted USB flash drive (digital) or printed (paper)).
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- Encryption AES-256:
Supercomputer: will take billions of years.
Quantum Computer: will require 6,600 logical, error-corrected qubits.
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