NFS Treasury Excellence®
NFS Treasury Excellence® is a generic framework for describing, measuring, improving and benchmarking treasury operations. This unique methodology is developed by NFS and enables the analysis of treasuries across different key components; processes, organization and systems.
The treasury function is expected to continuously enhance its value contribution, deliver more information and maintain effective controls. The treasury is also subject to continuing internal pressure to reduce costs for its operations. This leads the treasury wanting to:
- Reduce complexity, standardize and simplify the business model and finance function.
- Create global and scalable processes that can be rolled out throughout the organization for consolidation purposes and to facilitate integration when acquiring or divesting companies.
- Establish an integrated governance framework.
- Define the value drivers, which impact business performance and align key performance indicators (KPIs) to business.
- Improve the efficiency of the treasury team and develop the people.
- Improve management information to align internal reporting to the way external stakeholders view the business.
Services NFS provides include:
- Development of Future State operations applied to controls, processes, data, organization and systems.
- Detailed benchmarking of treasury processes and activities.
- Best in Class knowledgebase of processes and models.
- Planning for improvement of the processes and function effectiveness.
- Execution of improvements to implement Future State.
Treasury Excellence® is an optional phase in
NFS Implementation Methodology™.