News & Insights

News & Insights

Treasury outsourcing: the benefits of outsourcing with the right partner

15 April 2024
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Treasury outsourcing is becoming an increasingly growing sector as more and more companies make the move to utilise a third-party provider and streamline their treasury functions. By entrusting these critical tasks to expert partners like Centralis Group, businesses can unlock a series of benefits that extend beyond just cost savings.


Cost Benefits

By outsourcing treasury services to Centralis, businesses can benefit to gain a strategic advantage through a partnership with a flexible and reliable provider capable of adapting to evolving needs while maintaining consistent operational costs. Fixed-fee pricing provides budgetary certainty while retaining access to high-quality, dedicated accounting and treasury resources that offer flexibility in system options tailored to specific requirements. Moreover, Centralis’s outsourced treasury team provides businesses with the bandwidth to focus on strategic initiatives without the distractions of daily operational activities.


Improved Risk Management

When you outsource your treasury services to Centralis, all of your operational processes are conducted within the framework of our SSAE (Statement on Standards for Attestation Engagements) controls, subject to independent annual audits. This ensures that our clients have confidence in the management of their in-house bank operations, knowing they are upheld to the highest standards of quality. Additionally, we guarantee transparency by providing full TMS (Treasury Mangeament System) access, allowing real-time reporting and ensuring that all instructions are sourced from authorised personnel.


Streamline Cash management

Outsourcing operational activities to us can save clients valuable time, and allows their internal teams to concentrate on vital tasks such as implementing tailored cash management and liquidity solutions. This strategic allocation of resources enables our clients to focus on automation and risk management, aligning solutions more closely with their specific requirements. Outsourcing can also provide further support as required, facilitating the seamless implementation, and testing of these solutions within the TMS. This approach ensures swift market entry and maintains a high standard of process delivery, enhancing overall efficiency and effectiveness for the client.


Centralis Group’s Treasury Outsourcing Services

We understand that treasury is an integral part of your overall business. However focusing on these operations can detract from the strategic decision making required by your internal team and management for successful day-to-day business operations.

By working alongside the team at Centralis Group, our clients can allocate their time and effort on strategic business activities. Our solutions provide an effective, cost-efficient alternative to establishing and running an in-house treasury operation. We can take care of your front, middle and back-office treasury functions, leaving your strategy and risk management maintained in-house.

We offer a wide range of tailored treasury and netting solutions designed to meet the specific needs of our clientele. Our committed team of corporate treasury specialists prioritise a deep understanding of our clients’ business, guaranteeing the provision of top-tier and streamlined service delivery. Reach out to Joe Walsh or Shane Rath today to find out how our services can help you.