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Bringing Value to Enterprise Treasury

Over the past 20 years, the treasurer's role has changed dramatically. Tasks considered critical 20 years ago are now labeled clerical work, thanks to sophisticated automation tools. The corporate treasurer now finds him/herself at the cross-roads of several functional areas, such as billing, payables, receivables, inventory management, global risk management and management information systems. Treasury information systems that emerged in the mid 80's do not, and cannot, address the increasing complexity of today's treasury functions, both because the technology architectures have changed and because the functions themselves have evolved.

Cerg Finance has emerged as the leading vendor of cash management software worldwide. We use our extensive experience to serve more than 10,000 corporate customers directly, and to help over 100 financial institutions deliver wholesale services. Cerg Finance is proud to offer its customers the high quality products and services they can expect from a global software vendor:

• extended product functionality;
• a scalable and modular product line that addresses the needs of mid-size businesses as well as multi-national corporations;
• worldwide support and maintenance of highly localized software available in 7 different languages;
• standardized applications that provide cost-effectiveness through ease-of-use, rapid implementation and low cost of ownership;
• state-of-the-art open technology supported by regular upgrades and new versions;
• alliances and partnerships with leading technology and ERP software vendors to ensure a seamless integration with the Enterprise Information System.

Cerg Finance has developed comprehensive software product lines dedicated to mid-size and large businesses that includes:

• Cash Management:
  • Short-term cash flow forecasting, interactive cash position worksheets and automatic reconciliation of balances and transactions;
  • bank relationship, automated bank account information retrieval, formatting and control of terms and conditions;
  • cash pooling and funds concentration;
  • short term investment and financing instruments;
• Budget Management:
  • medium and long term cash flow forecasts;
  • budget vs. actuals analysis;
• Debt Management:
  • medium and long term debt management;
  • computation of schedule and simulation of alternative terms;

• Risk and transaction management:
  • Forex deal captures: spot, forward, swaps, options etc.
  • Money and capital market transactions : Commercial Paper, CDs, T-Bills etc.
  • Interest rate transactions: Forward Agreement, Swaps, Cap, Floor, Collar etc.
  • Risk exposure tracking (FX, counterpart, liquidity, interest rate) and performance evaluation.
    

Cerg Finance has also developed the following applications and modules for enhanced functionality and complex requirements:

• Intra-group management of commercial and financial transactions to better track and optimize holding/subsidiary relationships, including netting and in-house bank types of transactions;
• Dedicated servers to handle communication, security, formatting, audit trails and scheduling of multi-entity and multi-national treasury operations, whether centralized or not;
• Tools for seamless integration with management information systems or Enterprise Resource Planning software;

• Bank Manager: reconciliation/control of Bank data;
• Cash Flow Manager: S/T operation cash flows;
• Cash Pooling: fund concentration;
• Borrowings & Investments; S/T financing and investment.