FAQs
We like to engage with you.
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Q. Who are W3Treasury?
A. W3Treasury is an independent managed treasury services business led by a team of experienced and accomplished corporate treasury professionals. We profess to be digitally disruptive and in keeping with the three Ws of the world wide web, we coined the brand W3Treasury. Q. What do W3Treasury stand for? A. The Company’s ethos is based on three principles, ENGAGE, ADVISE, REVIEW. We ENGAGE with you to ensure we fully understand your business allowing us to be your trusted business partner, understand your risk appetite and ADVISE you both on general and specific treasury matters. Our ongoing REVIEW process ensures that you are assured that the information that we provide via customised and tailored dashboards and/or reports are concise, accurate and relevant. Our engagement model allows us to communicate with you regularly via face to face meetings or via modern technology such as video conferencing, web based meetings etc. Q. What technology does W3Treasury employ? A. W3Treasury embraces modern technology and keeps abreast of the latest IT and Financial Technology developments in the treasury space. We use contemporary yet completely agnostic system software, treasury techniques and web-based cloud technology to provide up to date information ranging from bank balances and liquidity positions to cash flow requirements, debt portfolio and FX positions. Our staff are continually challenged to stay informed and up-to-date on emerging trends and regulations in the treasury space. Q. Would I need to invest in a Treasury Management System (TMS)? A. The answer is No. You do not need to invest in a TMS. You only engage us and pay for the services that you need - anywhere from infrequent treasury advice to a fully outsourced treasury function. Q. We have a TMS, what services can you offer to us? A. From our experience we know the pain points experienced by TMS users. No TMS delivers exactly what you want. There is always a fair amount of manual intervention needed to extract and present information the way you or the Board wants. As we ENGAGE with your business we can extract information from your TMS and configure and deliver it the way you want to see it. Q. We are a very small finance team with basic treasury functions. We use spreadsheets, why do we need W3Treasury? A. Every business no matter what size it is will have basic treasury functions, such as bank account management and cash flow forecasts. While spreadsheets are perfectly fine and suit businesses with accounting, analytical and recording functions, they do present challenges on accuracy, audit trail, compliance, governance and more importantly continuity when people move from their roles. Further with businesses becoming global, FX related exposures are becoming common and managing them via spreadsheets can get very complex. With W3Treasury you address the above risks, improve productivity and are able to access experienced corporate treasurers who can provide you with advice whenever you require. Q. We may only need Cash and Liquidity services or only FX related services, are such services available? A. The answer is Yes. We will provide you with whatever level of assistance and services that you need. This is one feature that allows us to price our services attractively. |