Treasury and Cash Forecasting in ERP Training Course

Treasury and Cash Forecasting in ERP Training Course

Introduction

Treasury and Cash Forecasting in ERP Training Course is designed to equip finance professionals with the necessary tools, skills, and methodologies to effectively manage treasury functions, optimize cash flow, and improve financial forecasting in today’s rapidly evolving business environment. By integrating Enterprise Resource Planning (ERP) systems with treasury and cash management processes, organizations can streamline financial operations, enhance liquidity management, and ensure compliance with industry standards. This course will focus on best practices, advanced forecasting techniques, and ERP system optimization, empowering participants to make data-driven decisions that maximize organizational financial stability and performance.

As global financial landscapes become more complex, companies require sophisticated treasury and forecasting systems to address challenges such as cash flow volatility, liquidity risks, and financial market fluctuations. By leveraging ERP systems for cash forecasting, businesses can gain real-time visibility into their financial position, streamline cash management, and improve operational efficiency. The course emphasizes practical applications of ERP platforms, such as SAP, Oracle, and Microsoft Dynamics, and incorporates data analytics, automation tools, and forecasting models to improve accuracy and precision in treasury functions.

Course Duration

5 days

Course Objectives

1. Understand the fundamentals of treasury management within an ERP framework.
2. Gain expertise in cash flow forecasting and its application in real-time financial management.
3. Explore ERP integration strategies for treasury and cash management processes.
4. Learn how to utilize data analytics for accurate and efficient forecasting.
5. Improve decision-making through real-time financial data and reporting tools.
6. Master the use of automation tools in forecasting and liquidity management.
7. Develop skills in managing global cash positions and cross-border treasury functions.
8. Enhance risk management through predictive cash flow analysis and scenario modeling.
9. Implement effective bank relationship management and optimize payment processes.
10. Deepen understanding of the impact of financial regulations on treasury management within ERP systems.
11. Achieve proficiency in liquidity management and cash optimization strategies.
12. Build competence in integrating financial planning with treasury functions.
13. Understand the role of AI and machine learning in forecasting and financial analysis.

Target Audience

1. Treasury Managers seeking to optimize cash flow and liquidity management.
2. Financial Analysts aiming to improve forecasting accuracy and financial reporting.
3. ERP Administrators responsible for ERP system configuration and optimization.
4. CFOs who want to enhance treasury operations and drive financial decision-making.
5. Risk Managers focusing on minimizing financial risks through improved forecasting and reporting.
6. Accountants looking to integrate cash forecasting with general financial management processes.
7. ERP Consultants specializing in treasury and financial systems implementation.
8. Internal Auditors who need to assess ERP system effectiveness and ensure financial compliance.

Course Modules

Module 1: Introduction to Treasury & Cash Forecasting

• Understanding key treasury concepts and functions
• Overview of cash forecasting and its importance in financial management
• The role of ERP in treasury and cash management
• Key challenges and trends in treasury operations
• Case Study: Successful ERP Integration in Treasury Management

Module 2: ERP Integration for Treasury Management

• ERP systems and their role in cash flow management
• Key features of ERP systems for treasury functions
• Steps for successful ERP integration
• Best practices for optimizing ERP system performance in treasury
• Case Study: ERP Integration in a Global Financial Institution

Module 3: Cash Flow Forecasting Techniques

• Overview of cash forecasting models
• Analytical techniques for accurate cash forecasting
• Importance of real-time data in forecasting accuracy
• How to leverage ERP systems for automated cash forecasting
• Case Study: Using Data Analytics to Enhance Cash Flow Forecasting

Module 4: Data Analytics in Treasury & Cash Management

• How data analytics can transform treasury operations
• Key performance indicators (KPIs) for treasury management
• Integrating big data and AI for predictive cash flow analysis
• Real-time dashboards for tracking liquidity
• Case Study: Enhancing Cash Forecasting with Predictive Analytics

Module 5: Risk Management in Treasury

• Identifying and managing treasury risks
• Using ERP to mitigate cash flow volatility and liquidity risks
• Scenario modeling and forecasting for risk management
• Regulatory and compliance considerations in treasury
• Case Study: Managing Treasury Risks during Financial Uncertainty

Module 6: Automation in Treasury and Cash Forecasting

• Automating treasury functions with ERP systems
• Benefits of automation in cash flow forecasting
• Streamlining reconciliation and payment processes
• Key tools for treasury automation
• Case Study: ERP-Driven Automation in Global Treasury Functions

Module 7: Optimizing Liquidity Management

• Managing short-term and long-term liquidity through ERP systems
• Strategies for optimizing working capital and cash reserves
• Leveraging ERP data for better liquidity planning
• Role of liquidity forecasting in maintaining financial stability
• Case Study: Liquidity Management at a Multinational Corporation

Module 8: Strategic Decision Making in Treasury

• Using ERP data for strategic financial decision-making
• Aligning treasury and financial strategy with corporate objectives
• Building a robust treasury strategy in volatile markets
• Cash forecasting for mergers, acquisitions, and investments
• Case Study: Treasury Strategy for a Cross-Border Acquisition

Training Methodology

This course employs a participatory and hands-on approach to ensure practical learning, including:

• Interactive lectures and presentations.
• Group discussions and brainstorming sessions.
• Hands-on exercises using real-world datasets.
• Role-playing and scenario-based simulations.
• Analysis of case studies to bridge theory and practice.
• Peer-to-peer learning and networking.
• Expert-led Q&A sessions.
• Continuous feedback and personalized guidance.

Register as a group from 3 participants for a Discount

Send us an email: info@datastatresearch.org or call +254724527104 

Certification

Upon successful completion of this training, participants will be issued with a globally- recognized certificate.

Tailor-Made Course

 We also offer tailor-made courses based on your needs.

Key Notes

a. The participant must be conversant with English.

b. Upon completion of training the participant will be issued with an Authorized Training Certificate

c. Course duration is flexible and the contents can be modified to fit any number of days.

d. The course fee includes facilitation training materials, 2 coffee breaks, buffet lunch and A Certificate upon successful completion of Training.

e. One-year post-training support Consultation and Coaching provided after the course.

f. Payment should be done at least a week before commence of the training, to DATASTAT CONSULTANCY LTD account, as indicated in the invoice so as to enable us prepare better for you.