Treasury Management Solutions

Cash Pooling & Intercompany Netting Cheat Sheet! In many multinational organizations, liquidity risk is not caused by a lack of cash. It is caused by poor internal cash visibility and inefficient capital deployment. I’ve seen corporate groups: ▪ Sitting on surplus balances in one subsidiary ▪ Running overdrafts in another ▪ Borrowing externally at >10% ▪ While internal liquidity earns < 1% in idle accounts That’s not a funding problem. That’s a Treasury process problem. The Real Treasury Mandate: Cash Pooling and Intercompany Netting are not operational tools. They are enterprise liquidity optimization mechanisms designed to: ▪ Centralize enterprise-wide liquidity ▪ Reallocate surplus from cash-rich entities to deficit positions ▪ Minimize external borrowing ▪ Reduce trapped cash across subsidiaries ▪ Lower interest expense & negative carry ▪ Improve working capital efficiency ▪ Streamline intercompany settlements ▪ Reduce FX transaction costs When deployed correctly, Treasury evolves into an In-House Bank (IHB) - funding the group internally before approaching external lenders. What Happens in a Pooling + Netting Environment? Instead of: Subsidiary A borrowing externally Subsidiary B investing idle cash Subsidiary C making multiple FX settlements Treasury can: → Sweep idle balances into a central header account (Physical Pooling) → Offset debit & credit balances without fund movement (Notional Pooling) → Multilaterally settle intercompany A/R & A/P via a Netting Center Result? ▪ Fewer cross-border payments. ▪ Lower FX exposure. ▪ Reduced banking fees. ▪ Optimized group-wide interest yield. The Interest Optimization Effect Pooling allows Treasury to offset: Debit balances with internal surplus liquidity Which means: ▪ Reduced reliance on external credit facilities ▪ Improved group net interest position ▪ Centralized investment of excess cash ▪ CPM-aligned internal capital deployment Liquidity stops sitting idle. It starts working for the enterprise. Implementation goes beyond technical expertise. Successful pooling + netting requires alignment across: ▪ Intercompany loan agreements ▪ Transfer pricing policies ▪ Withholding tax implications ▪ Capitalization rules ▪ Cross-border regulatory constraints ▪ ERP & TMS integration ▪ Subsidiary participation frameworks Treasury transformation is as much about governance as it is about technology. Strategic Outcome: Cash Pooling & Netting enables: ▪ Internal liquidity redeployment ▪ Reduced reliance on external borrowing ▪ Centralized funding strategy ▪ Enterprise-wide cash visibility ▪ More strategic capital allocation In other words: Treasury moves from managing cash…to controlling liquidity. ♻️ Repost & Share!

5 Strategies for a Successful TMS Implementation in 2026 After overseeing 100+ Treasury Management System implementations across industries, geographies, and complexity levels, one thing is clear: TMS success has very little to do with software and everything to do with how the program is designed and led. As treasury expectations rise in 2026, real-time liquidity, risk management, ISO 20022 data, stronger controls, and AI-ready forecasting, here are the 5 strategies that consistently separate successful implementations from failed ones: 1. Start with Strategy, Not Software The most common mistake is selecting a system before defining the outcome. Before demos or RFPs, treasury leaders must be clear on why the TMS is being implemented: • Cashflow & Liquidity visibility? • Working capital optimization? • Payment control and fraud reduction? • Forecasting and analytics? When strategy is unclear, the system simply automates legacy inefficiencies. 2️. Redesign the Operating Model Before Configuration A TMS should not replicate spreadsheets or old workflows. High-performing teams document the current state, design the future state, and eliminate manual work before touching configuration. This is where real ROI is created not during go-live. 3️. Treat Data as the Critical Path In over half of implementations, delays are caused by data issues, not technology. Master data quality, ISO 20022 mapping, bank connectivity, and transaction tagging must be addressed upfront. Clean data isn’t a technical detail but it’s the backbone of automation, forecasting, and control. 4️. Lead Change, Don’t Just Manage Tasks TMS projects fail when treasury, IT, AP/AR, FP&A, and banking partners aren’t aligned. Successful programs invest in: • Clear ownership and decision rights • Regular communication with stakeholders • Training tied to real use cases, not system features Change management is not a “soft skill” but it’s a delivery requirement. 5️. Plan Beyond Go-Live Go-live is the beginning, not the finish line. The strongest implementations include a post-go-live roadmap for: • Reporting and dashboard optimization • STP improvement • Forecasting and analytics enhancements • Continuous automation and control refinement This is where long-term value is realized. A TMS implementation is not an IT project. It’s an operating-model transformation that touches liquidity, risk, controls, and decision-making. Treasury teams that approach 2026 with strategy, discipline, and leadership will get the full value of their investment, not just a new system. Which of these has been the biggest challenge in your past TMS implementations?

After 3 years building Nilus and conversations with 150+ treasury leaders, here are 4 things I’ve learned about the current state of treasury operations: 1) LEGACY TMS VENDORS ARE STUCK IN THE PAST - 12-month implementations - 7-figure price tags - Clunky interfaces - Zero innovation 2) EXCEL IS BOTH HERO AND VILLAN  - Flexible but fragile - Powerful but error-prone - Quick but not scalable - Everyone's using it, no one loves it 3) REAL-TIME DATA IS STILL LARGELY A MYTH   - Bank data trapped in portals - Manual CSV downloads - Daily/weekly batch updates - No single source of truth 4) TEAMS ARE OVERWHELMED BUT UNDERUTILIZED  - High-skill talent doing low-skill work - No time for strategic analysis - Constant fear of mistakes - Burnout is common This is why we built Nilus differently: - Implementation in weeks, not months - The best of Excel flexibility with AI-powered forecasting - All-in-one platform (for finance, treasury AND accounting) that saves up to 100 hours per month - Data you can trust strait from the source with seamless integrations to 10,000+ banks - Proactive insights that actually drive strategic value (to optimize working capital, reduce cash buffers, increase yield on idle cash) We're helping companies like Taboola, Yotpo and Made-In transform treasury from a cost center into a strategic driver of value. Want to see how we can help your team? DM me and I'll share more details.

Large global enterprises move hundreds of billions between subsidiaries every year. Most of that capital disappears into correspondent banking for days. Money that could be reinvested sits idle, earning nothing, waiting to clear. Companies also pre-fund local accounts in volatile currencies with excess cash to avoid delays for wires and general business expenses. This creates FX exposure and operational headaches: treasury teams managing dozens of bank accounts across jurisdictions, reconciling transactions across systems that don't talk to each other. According to Oxford Economics and FIS Global, inefficient financial operations can cost a large enterprise up to $100M annually, with 51% of organizations saying the most friction occurs when money is actually moving. Modern settlement infrastructure eliminates the trade-off between liquidity and returns: Faster movement = smaller buffers. When settlements happen in seconds or minutes instead of days, 24/7 instead of banking hours, you don't need leave millions in a subsidiary’s bank account. That unlocks working capital. Yield while maintaining liquidity. Capital earns returns (currently ~4%) while remaining instantly accessible when needed. Real-time visibility. Treasury sees across all subsidiaries instead of waiting days for reconciliation and auditability. When you move hundreds of billions annually, improvements in settlement speed and capital efficiency create massive operational advantages.

Cross-Border Payments: Your Treasury Team's Reality How It Actually Works: Treasury clicks "send" on a payment to Bangkok. The money bounces through 3 banks over 3 days, collecting fees and delays at each stop. Your supplier calls asking where their money is. Treasury checks SWIFT tracking: "currently being processed." That's all you get. The Daily Pain: "When Will It Arrive?" Treasury's most-asked question has no good answer. "Somewhere between tomorrow and next week" doesn't help cash flow planning. One wrong character freezes everything. Weekend? Your payment takes a vacation too. Fee Surprises Budget $200 for fees, get charged $850. Three banks took cuts, plus hidden FX spreads. Finance wants to know why the "simple" wire cost more than expected. FX Chaos Execute hedge for Tuesday payment. Payment settles Thursday. Hedge doesn't match. Currency moved 2% while money crawled through correspondent banks. Real Treasury Conversations: To suppliers: "We sent it Tuesday. No, I don't know why Germany takes four days." To business units: "Amazon isn't a bank. Payments work differently." To CFO: "Fees were higher because it routed through extra banks we didn't choose." What Treasury Actually Wants: Exact timing - Not "1-3 business days" Upfront costs - All fees before clicking send Auto-fix errors - Don't call me for typos Invisible compliance - Handle regulations in background Predictable FX - Match hedges to actual settlement And So: Treasury teams aren't asking for miracles. They want international payments as reliable as domestic ones. Right now they spend more time explaining delays than doing strategic work. The winners aren't the biggest companies—they're the ones whose treasury gets tools that actually match how business works today. Almond FinTech has built an API-programmable, AI-optimized routing platform for Treasury departments. Almond's FX routing engine leverages stablecoins, blockchains, and bridge currencies to deliver market-beating rates with T+0 settlement, 24/7/365. Which payment inefficiencies costs your organization the most: the opportunity cost of delayed settlements, the unpredictability that breaks your cash flow forecasting, or the hidden fees that make budgeting impossible? #TreasuryManagement #CrossBorderPayments #FinTech #CorporateFinance #FX #Blockchain #TreasuryTech #CFO #AlmondFinTech #PaymentInnovation

Cash management has always been a trade-off: grow your reserves or keep your liquidity. Ramp’s new Treasury product is tackling this head-on: → 2.5% earnings on operating cash. → 4.38% on excess funds. → AI-powered automation for cash flow, payments, and balance optimization. The result? Every dollar works harder without sacrificing access. But this isn’t just about better yields. It’s about the rise of ‘self-driving finance’. As CFOs demand smarter, integrated tools, Ramp is redefining what financial operations platforms should look like: → Automated. → Intelligent. → Scalable. This also highlights a shift in treasury management—away from reactive cash flow juggling and toward proactive financial strategy. For fintechs, it’s a case study in pairing innovation with customer-centric problem-solving. The big question: Can intelligent tools finally replace the spreadsheets and manual processes still dominating corporate finance? The age of ‘self-driving finance’ is closer than ever.

I've had countless conversations with some of the smartest CFOs and finance teams and there’s one challenge they still all face: time-consuming, manual treasury management. They’re tracking cash positions across multiple banks and entities, often relying on spreadsheets and manual updates. It works, but it’s far from ideal. Finance teams are looking for efficiency and real-time insights. They’re eager to move beyond static data to a single, unified view that empowers their team to track cash flow, spot trends, and make informed decisions instantly. In response, many leaders are rethinking their workflows. A centralized cash dashboard gives them immediate access to data that would otherwise take hours to compile. No more switching between tabs and accounts. No more messy spreadsheets – just one clear picture. For CFOs managing complex structures, automation and real-time visibility aren’t just time-savers. They’re essential tools to gain an edge, allowing you to focus on strategy rather than manual work.