What’s New in Treasury

Release 12.0
Julia Baeva
Top New Features of Treasury
 Centralized Bank Accounts

 Centralized Bank Account Balances

 Bond Rate Reset Program

 Bank Account Update Program

Treasury: Centralized Bank Accounts
Description: Company Bank Accounts are defined in one
place and can be used across all EBS applications
Benefits:
– Single data entry point for all internal bank accounts
– Simplified bank account creation and maintenance
– Control
Who Cares and Why: It will be transparent to CFOs and
Controllers how many bank accounts the company has and
how they are used.
How is this different from the competition? Niche vendors of
Treasury Workstations will not be able to provide such a
feature
Treasury: Centralized Bank Account
Balances
Description: Balances of all internal Bank Accounts are stored
in one place, additional balance types are available and balance
reporting capabilities expanded
Benefits:
– Single data entry point for all bank account balances
– Simplified bank balance creation and maintenance
– Flexible bank balance and interest reporting
Who Cares and Why: Treasury Analysts will have more balance
types available to work with as well as significantly improved
reporting capabilities
How is this different from the competition? Niche vendors of
Treasury Workstations will not be able to provide such a feature
Treasury: Bond Rate Reset Program
Description: A new concurrent request allows to reset the
benchmarked rates on floating rate bonds and automatically
recalculate the coupon amounts for bond inventory

Benefits:

– Automation of bond rate reset

Who Cares and Why: A routine manual task performed by

Back Office managers and Deal Administrators will be
eliminated – either for existing EBS Treasury customers or
those using spreadsheets.

How is this different from the competition? Not a likely

differentiator.
 Treasury: Bank Account Update
Program
Description: A new concurrent request allows to change
settlement bank account on multiple payments and receipts
at once
Benefits:
– Automation of bank account update on payments and
receipts

Who Cares and Why: Treasury deals may have cash flows
that span many years. When a bank account is closed, the
program will eliminate the need for a manual update of the
bank account on the future cash flows, which is a time
consuming and error prone process.
How is this different from the competition? The
competition is unlikely to have such a feature.