Training Doyens

OVERVIEW Cash management seems simple enough; money comes in, money goes out. However, managing the flows and gathering the right information at theright time is complicated and tricky. Understanding the pitfalls and anticipating Murphy’s Law is both a science and an art. WHY SHOULD YOU ATTEND Cash is King! You’ve heard that I’m sure. But managing cash can be a pain in the butt. Establishing procedures, maintaining banking relationships, and getting good, reliable information are some of the key elements of good cash management.  The larger the company, the more complex the issues and hence the solutions. No longer a pencil and paper enterprise; managing cash is the Rubik’s Cube of finance. A bank that is not making its commercial and small business customers’ lives easier cannot expect them to utilize its Cash Management products. Internet cash management is typically the anchor product and ancillary systems such as ACH, positive pay and bill pay are often bolted on a...

OVERVIEW This f inancial management course will help attendees recognize the risks of failing to thoroughly vet the information received from a business loan applicant that project future revenues, profits and cash flows. WHY SHOULD YOU ATTEND Attendees will learn to track cash through a business operation, dissect the cash cycle of the operation and comply with SBA standards concerning expected cash flow attributes of loan applicants. Financial Management Training AREAS COVERED Brief case study of Banco Popular’s outcome when failing to use information on hand to test cash flow projections prepared by a third-party loan originator for several loans to same franchise  A review discussion about how cash flows through a business and the importance of identifying the ‘cash cycle’ ahead of reviewing the financial projections  Best practices to break down the applicant’s projection numbers and systematically review them line-by-line to ...