The document discusses features and functions of a treasury management system (TMS). Key points include: - The TMS allows for automatic pooling, netting, and settlement of intercompany balances through processing hundreds of transactions in just a few minutes. - A central piece is the interest-bearing account, which should have intuitive layout and drill-down functionality for transactions, as well as accounting for interest calculations, withholding taxes, currencies, and posting to intranet. - Netting cycles calculate net payables and receivables for participants through indicative then market rates, applying notional and actual net payments through banking systems. - Programs facilitate notional settlement, cross-border payments, loans

1. Treasury Management System as easy as 1-2-3

4. Nostro vostro calculation selection Interest base Interest base Interest changes weekly Drill down for IC-Settlement and Payment orders

6. Pooling is executed automatically based on swift data provided by the bank

7. When computer cannot assign automatically the MMA, the user is made aware of necessary manual corrections.

11. After the database has been sorted according to the payer (remittance from) we can easily see what each company has to “pay”. The amount can be charged in the functional currency of the group or in the local currency of the subsidiary. When we sort the database according to the beneficiary, we will see, what each company will receive from other companies. This amount can be calculated in the functional currency of the group or in the local currency of the subsidiary. The above process applies correspondingly whether we apply notional netting or pay net amounts through the banking system.

13. Double payment Wrong NROUT Wrong NRIN The settlement program for notional settlement is an automatic process to cleanup intercompany balances. It can use data from many sources and checks the correctness of data. User can correct the data or leave the corrections to the program. The settlement orders are booked with drill down functionality into MMA’s. Because the program can settle hundreds of accounts within a few minutes, it can be used on a daily basis.

14. The settlement program also updates the MMA with settlement transactions and stores the individual information about settlement orders with drill down functionality. When Pressing IC-Settlement on the MMA we obtain all necessary information about the settlement order.

15. We now see all relevant data for a confirmation of receivables or payables. When we click Back to MMA we go back to MMA.

16. The program creates also intranet confirmations for settlement of account payables and account receivables.

18. The program to manage cross border payments and receipts uses swift data to populate automatically MMAs with payment data. It can identify not only agreed identification for each payer or receiver but also use any string to identify appropriate intercompany account (MMA). There can be many different identification strings for each MMA. The program uses this table to assign automatically MMA. Users are able to update this table any time. String and assigned MMA

19. The program assigns most of the data from the swift messages automatically but when any payment cannot be recognized the user gets an error message and is able to adjust data manually.

20. The payment order is also booked into the MMA with a hyperlink. The hyperlink offers drill down functionality.

21. Here you see detailed information about the payment order. If you click BACK to MMA you will be brought back to the MMA.

22. The program creates a payment order in htm-format for posting on the company intranet. Htm -file

24. One program handles all loans requirements, updates the MMAs and creates hedging contracts

26. When you check buy or sell swap the longer lag will be automatically populated Foreign exchange transactions are inputted into system using the Input form and MMA’s are then automatically updated. Based on the maturing forward contracts the data for offsetting spot contracts is automatically populated into the input form reducing the user input requirements.

27. The database of foreign exchange contracts is monitored and any corrections of records in the database and any “visits” to the cell are recorded as comment to the cell and in the log file. Corrections are monitored in the comments field and in the logfile

28. The logfile.txt provides the complete audit trail for all changes in the database, which were executed after the deals were inputted to the database. This event driven procedure could also be used to monitor other critical ranges, where changes should be registered.

30. When you press the credit or debit button / menu command then at first you see the screen where you have to make a selection. When you want to initiate a transfer without passing any information to accounting then you just need to press OK -button

31. The program is driven by 3 macros and is organized in 4 worksheets. Sheet EUR- creates the payment in CSV-format, cell G36 the sheet is normally hidden Sheet SPOT4 – contains macro buttons, FX- Transactions etc. Sheet Counterparty Delivery – database for delivery instructions Sheet oldpayments –database for created e-payments Sheet delete – to reduce number of fx-deals

32. Information on this sheet are used to credit the beneficiary account. With help of the vlookup-function the program finds the right beneficiary account according to the information in column A, which consists of bank number and currency code. The changes about delivery instructions can be entered or pasted to this sheet Presently the database has 432 records. New records cannot be appended below the present database but have to be inserted somewhere between row 2 and 433. When you insert new rows the vlookup formulas will adjust automatically.

33. All programs should be easily accessed from one screen

34. This program should help users to access various programs and view individual MMAs