Loading presentation...

Present Remotely

Send the link below via email or IM

Copy

Present to your audience

Start remote presentation

  • Invited audience members will follow you as you navigate and present
  • People invited to a presentation do not need a Prezi account
  • This link expires 10 minutes after you close the presentation
  • A maximum of 30 users can follow your presentation
  • Learn more about this feature in our knowledge base article

Do you really want to delete this prezi?

Neither you, nor the coeditors you shared it with will be able to recover it again.

DeleteCancel

Agus

null
by

Hernan de la colina

on 2 March 2015

Comments (0)

Please log in to add your comment.

Report abuse

Transcript of Agus

e
J
innovation
business
04. 취미&특기




# clave 2

“OFRECER EXPERIENCIAS MEMORABLES,…….. NO SERVICIOS”
Objetivo
Treasury - Argentina
Panama Nov 2014
Treasury
Collections
Bank
Relationship
E-commerce
Retail
Comex
Payments
Collections
Overdraft
Payments
- Not so good news 2014: the new limits of import payments determinated by Our central bank (now a days USD 150k p/day).


- Good news 2014: We turn to a new operative way 100% Digital, faster and easier.

Dpto.Operaciones
CitiFXpulse

Ok documentation
Bloomberg
Advance Payments to Suppliers
Bank swift
Comex
new operative way 100% Digital, faster and easier
Improved Control and compliance
2014
the new limits of import payments (now a days USD 150k p/day)

accounting
treasury

3.604 cases of cash back Jan– Oct2014

E-commerce
RBO

adirace

Retail
Wholesales:

Customers

Bank Transfers
Post Dated check
Ordinary checks

Retail
Collections
Payments

Old Process
Accounting:
Account payments

Payments

Accounting:
Account payments
Create txt to pay by paylink

New Process
Treasury:
- Upload txt to citi portal (virtual authorizations)


Make the check or transference with the due date we decide.
Payments

Exceptions:

2014 Paylink

2014 Paylink

2014 Paylink

Taxes

Salaries and personal expenses


Transferences between own account
Treasury:
Made the transference by
Made the check and deliver to our suppliers with each withholding tax (all signed manually)
Scan every withholding tax and send to our suppliers by e-mail.
Attached every return receipt to the order payment
Send all order s payments to our archive supplier (iron mountain)
- Send all orders payments to our
archive supplier (iron mountain)
Inform every supplier that the payment is available.

Every supplier can check his payments (also by phone) and download his withholding tax.
Structuring of advanced payments per season (SS-fw) to local production

Cross functional work with legal, marketing and sourcing

Analysis of hedging opportunities for factories

Analysis of credit capacity and partnering with suppliers in providing knowledge

Advance Payment to suppliers
Future
Further
Improve efficiency
of existing
processes
Identify new needs
How?
Innovate

Further streamline tasks and prioritize
Strong and fluid communication with internal and external customers
Do always our best !
Monitor and take advantage
of market opportunities

Being
Proactive
Challenge and embrace the unknown
Look for
opportunities

Work on continuous
improvement
Taking
advantage
of SAP
Fully automated processes
Thank you
Treasury Argentina
Changing with the
bussines
Full transcript