Let's check the reality

Remember the goals you set in January? Stronger forecasting. Smarter liquidity. Tighter controls. A leaner banking setup? Now, with Q2 nearly wrapped and the mid-year checkpoint approaching, it's worth asking: ‘Is our treasury still aligned with the road ahead’?

In the rush of closing books, managing liquidity, and addressing day-to-day challenges, it’s easy for structural improvements to fall by the wayside. But a brief mid-year check-in can help prevent surprises in Q3—and sharpen your strategic position for year-end.

Example 1: Your Forecasting Process

The January Goal:
"This year, let’s get serious about short-term cash forecasting. No more static spreadsheets — I want a rolling 13-week forecast we can trust and use as a basis for our FX hedging strategy.”

The Reality in May:
It’s week 19. Forecasts are still manually stitched together in Excel. Accuracy varies significantly between entities. One region consistently undershoots actuals. Treasury spends more time explaining variances than making proactive decisions. FX deals are traded on a daily basis.

Example 2: Automation of Journal Entries and Reporting

The January Goal:
"This year, let’s reduce manual work in treasury reporting. I want automated journal entries into ERP and fewer month-end surprises.”

The Reality in May:
Some automation pilots may have started, but the majority of entries are still done manually—often late, often rushed. Treasury data is exported to Excel, then rekeyed into ERP systems. This creates bottlenecks during close, increases the risk of errors, and leads to inconsistent reporting across business units.

Your Mid-Year Treasury  Checklist

To support that mid-year reset, we’ve put together a concise checklist covering five core areas CFOs and treasury leaders prioritize:

1. Liquidity & Forecasting

- Are your forecasts consistently within a ±10% variance?

- Do you maintain a 3–6 month liquidity buffer across key entities?

2. Risk Management

- Are FX exposures reviewed and hedged at least quarterly?

- Does your interest rate strategy reflect current market dynamics?

3. Treasury Operations

- Is your tech stack supporting automation and visibility?

- Are reconciliations standardized and regularly reviewed?

4. Compliance & Reporting

- Are you prepared for ESG-linked disclosures such as CSRD?

- Are intercompany transactions documented and audit-ready?

5. Strategic Readiness

- Have you reviewed global banking costs and relationships?

- Are your cash repatriation strategies aligned with evolving tax rules?

Why Now?

The second half of the year brings budget rounds, refinancing, external audits, and mounting reporting requirements. If something is misaligned, June is your chance to catch it early.

Take 10 minutes. Review the checklist. Share it with your Head of Treasury. And if the gaps feel familiar—let’s talk. We’ve helped firms like yours fine-tune cash visibility, modernize treasury infrastructure, and turn manual workarounds into scalable solutions.

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