| The ability to achieve effective cash management and control with respect to cash flow, banking and credit card transactions is vital to your retail grocery operation's success. With Treasury Management Services, FMS pairs experienced cash management with the resources and leading-edge technology you need to maintain close control of your company's cash functions in three key areas:
Risk Mitigation
- Daily deposit verification and exception notification
- Daily check clearing and exception notification
- Analysis and monitoring of float and variance by store, day of the week and deposit type
- Reduction of key staff dependencies and enforcement of consistent and structured internal practices
- Daily outbound ACH exception notification
- Fraud and error identification for quick resolution and recovery
Integrated Decision Information
- Central bank reporting across the company
- Shortened production cycles for financial statement reporting
Cash Flow Management
- Daily cash positioning
- Deposit trend analysis and forecasting
- Check float analysis and forecasting
Impressive results—with minimal investment.
As with other FMS products and services, our team will conduct a full assessment of your current needs and goals in order to select the solutions that are best suited to your organization. Upon clarification of these goals, FMS will develop a road map to the successful integration of Treasury Management Services into your retail grocery operation—step by step. Once the road map is approved and implementation completed, FMS will host and operate the underlying technology of Treasury Management Services allowing you to enjoy all of the benefits of automated treasury management while avoiding the need to hire specialized staff.
Other benefits of utilizing FMS' Treasury Management Services include:
- Receipt of timely information to manage cash flow more effectively
- Establishment of a reliable process that is not dependent on specific staff
- Facilitation of the implementation of a full-scale decision support process
- Weekly ledger updates for reconciliation activity
- Reduction and consolidation of bank accounts
- Reduction of bank fees
With the FMS' Treasury Management Services you will receive a more accurate and complete picture of your cash situation—allowing you to make timely, informed critical business decisions. |
