Major Concerns

• Keeping cash management with internal expense cash flow for tax purposes
• It keep low income exposure due to risk internal risk base compliance
• operates at NOL net operating loss. (When there a loss there is no income) Will change status if acquire confusion of annual cash
• Operate as a private entity and it chief treasurer I professional fiduciary and I don expose any fiduciary exchange that involve and trustee beneficiary relationship with consent of the client.
• Hold private equity and bond investment banking due to SEC market restrictions and private placement disclosure rules, and has no relevance to the bank holding outside it clients.
• Insure that bank transaction are private and not state government. 
• Ensure that clients will have record of offers and I have a recorded acceptance. In reference with CFR 31 §1010.410 The transmittal of funds in the amount of $3,000 or more:

Recordkeeping requirements. For each transmittal order that it accepts as a transmittor’s financial institution, a financial institution shall obtain and retain either the original or a microfilm, other copy, or electronic record of the following information relating to the transmittal order:

• The name and address of the transmittor
• The amount of the transmittal order;
• The execution date of the transmittal order;
• Any payment instructions received from the transmittor with the transmittal order;
• The identity of the recipient’s financial institution;
• As many of the following items as are received with the transmittal order:

For Risk Based Approach with Reasonable Care to the Account holder

Mandatory Data:

1. company name
2. company business activity
3. company ownership structure
4. alternative business combination
5. volume and types of transactions.
6. planning for source of funds
7. All beneficial owners of the accounts?
8. financial position and banking references (New Start Up)
9. No KCY Justification I am an account holder with two year in good standing
10. company domicile with the US
11. No EDD Enhance Due Diligence, only CDD Customer Due Diligence for Private clients.
12. US routine and primary trade area of transactions
13. US base Company with no high-risk jurisdictions
14. Commercial bank account qualification for money market depository a funds
15. AML Policy and credit risk compliances
16. MSB Registered and State exempted by act of law. 
17. Guaranteed ongoing risk-based CDD procedures
18. EFT Rules
19. type of funds will be deposited and EFT
20. All clients have no financial fraudulent tax evasion record
21. Have not neglected any financial compliance 
22. Client shall be within good stand with the state

Onboarding, documentation, and other prerequisites

Customers interested in acquiring any swap, derivative, or foreign exchange product, service, or transaction with Treasury Bank should take into account that there are several steps to complete before an offer can be made or accepted, including:

• Internal On Us credit approval; (Not a Leveraging other bank’s credit or cash
• background checks
• due diligence; (Have an Account within good standing)
• customer suitability
• onboarding documentation
• swap trading relationship documentation (SEC Reg D Exemption)
• clearing exemption documentation
• account documentation
• including online system access; (ERP and Quick Books)
• tax forms
• margining collateral or (ABS)
• other credit support arrangements. (Origination and Netting Agreement)

Risks to consider

Account holders should consider at their own risk

While Treasury Bank can use swaps, derivatives, Equities, Bonds and foreign exchange transactions as an effective hedging tool to reduce market, credit, or other risks associated with an asset or liability, this presumes holding these instruments to maturity and not disposing of the asset or liability during the term of the hedge. Whether Treasury Bank Treasurers use them for hedging or another purpose, customers should satisfy themselves that they sufficiently understand the risks, including (without limitation) the risk of loss in the event of early termination or modification of the transaction, the risk associated with an early repayment or other disposition of the underlying asset or liability prior to the transaction’s maturity, the risk of acquiring a transaction in anticipation of hedging an asset or liability that does not materialize, and the risk that in hindsight it could prove to have been better not to have hedged. Losses and costs could be substantial.

Before entering into any investment transaction, customers should carefully read and fully understand all relevant information and disclosures furnished or made available to them by their attorney, advisor, broker or other counterparty. Treasury Bank’s clearinghouse or otherwise. These include, without limitation, the general and relevant product-specific disclosure documents concerning transactions prepared by Treasury Bank Treasurers, which are available at https://hillscott.info/portal

Transactions described on this website are not bank deposits or FDIC insured, will expose customers to the credit risk of Treasury Bank, and therefore involve risk of loss to you apart from the market risk associated with the underlying rate, price, or other economic measure on which the transaction is based. Financial information concerning go to Treasury Bank Knowledgebasd is available at: https://hillscott.info/knowledgebase

Independent obligations Account holders have their own obligation to loss

To the extent any swap, derivative, or foreign exchange transaction is acquired to hedge against interest rate risk, foreign currency risk, commodity price risk, credit risk, or other risks associated with an asset or liability, including a loan or other financing, such transaction would be a separate and independent obligation and would not be contingent on whether or not any such asset or liability is acquired or incurred, or such loan or other financing closes, is outstanding or is repaid, in whole or in part, at any time, subject to any contractual requirement to terminate and settle the transaction early upon any disposition of such asset or liability, including upon the prepayment of such loan or financing, or for other loan-related or financing-related events.

These transactions can include:

• Purchase and sale of stocks
• Bonds
• Real estate
• Other financial instruments.

An investment sales person, also known as an investment broker, sell equity and bonds on behalf of Treasury Bank and it shareholders, staying updated with the community needs trends and identifying investment opportunities

What does an investment agent do?

An investment agent’s primary responsibility is to facilitate trades between investors and Treasury Bank as participants of investments. Agents are the relationship managers for Treasury Bank Organization. They are evaluated by how much business they do with these clients and how profitable that business is.

The hardest part of the Agent’s job is that he or she won’t always know what a client wants to do — at times it can even be hard to determine what they are actually doing. Even if you know what your clients are after, and you convince them to show their business to you and your firm, you will still need to get your own firm’s trader to show prices that will work for your client. Your trader must then be able to make money from that trade by selling it at better price than what he paid for it.

There are no commission on trades on the bond market, because it is an over the counter market. Unlike the equity market, where there is a standard commission rate added on to the trade (credited to the sales person and paid by investors) there is no additional commission in the institutional bond market. In this way, the bond market is similar to the foreign exchange, money markets and most derivative markets.

What does it take to become a good agent?

To become an investment agent, good math skills, basic investment knowledge and an understanding of community financial needs are a must. Obviously, strong sales skills are vitally important. You have to be able to sell yourself, your ideas, and Treasury Bank commitment to its clients. You also need to be able to sell new investment risk to clients on behave of Treasury Bank. The best salespeople become trusted confidants of their clients.

How do I become an investment salesperson?

The best starting point is to get an undergraduate degree in commerce, mathematics or finance.

On the-job experience through the Treasury Bank co-op program is the surest way to get your foot in the door.

Passing the basic Securities Course (CSC) exam is a regulatory requirement to work with Treasury Bank.

Is becoming an investment salesman a good career decision?

If you are an aggressive, personable, smart person who has good negotiation skills, this could be the job for you. As mentioned above, sales people are evaluated by both the amount and profitability of the business they do with their clients. Getting clients and traders to transact together can prove to be a difficult thing to do. At the end of the transaction, one of the two parties (trader and client) will be left with a profitable or unprofitable trade (by the trader) or money saved or missed (by the client). Bridging those two outcomes between client and trader can be the hardest part of the job.

This is a job that is very hard work but also very exciting and fun. The best agent I knew, had good, trusting relationships with their clients, understood completely what their clients needed to do, and were able to get their traders to buy into the client relationship.

Here is the best investment opportunity for generational wealth in community program development. 

“Now introducing Treasury Bank!”

Treasury Bank is a community investment authority for disadvantaged areas globally, and also the next generation of community investment banking.

It is a total cloud base digital asset solution that dematerialize asset data, cash, and cash equivalents in exchange for digital tokens and also government Central Bank Digital Currency CBDC.

Treasury Bank Creates Long Term Investment Within

• Real Estate.
• Transportation.
• Infrastructure.
• Utilities.
• Business, and
• Employment.

“Here are 10 Reasons Why You Should Invest in Treasury Bank?”  

1. Because Treasury Bank is a financial organization that provides new community investment programs for local communities.
2. It is an opportunity to invest in first round equity and bonds within a startup investment bank.
3. It offers AI driven Investment accounts as well as training for new investors.
4. It gives support for entrepreneurial accountholders with business startup and program development.
5. It’s a modern tool for private and independent funding.It has built in asset management, investment advisory and procurement to avoid investment loss for investors.
6. It gives investor automated digital cash reward as dividends.
7. Provides future generational wealth for shareholders with future residual income.
8. Investors receive a 39% IRS Tax Credit, and
9. Investments are guaranteed by federal government agencies.

It’s also important to know, If you’re a community resident that’s investing in Treasury Bank, you’re making your voting rights an Investment within community programs for community development by leveraging voting consent for investment assurance.

Treasury Bank also creates International opportunities for local areas by globally circulating  community program products and services internationally, that brings income back to US residents.

Treasury Bank also gives Investors 24 hour access to investment data, which accountholders can

approve and validate account data.

This allows project developers to update applications and planning with ease and mobility.

Also investors can import and export data with the ability to purchase equity and bonds directly from their account.

Treasury Bank has professional back office accountability with high level security risk compliance, that utilizes IFRS, IAS, and GAP methods along with CPA audits results. 

It also has certified IT agents, payment agents, clearing agents  and settlement services for electronic fund transfers to commercial bank deposit accounts.

“Don’t let this rare opportunity pass on you become an investment bank shareholder!”

“Make your investment within Treasury Bank, for next generation community development!”

More information on equity and bond pricing, and to view Treasury Bank investment prospectus,

Go to treasurybank.org forward info forward contact and select investment information request; or you can email us at contact at treasurybank.org

You can also attend our weekly investment meeting by checking our meeting schedule at treasurybank.org forward info forward meeting. 

Where you can get current info on community program, equity and bond prices to invest. 

The department may receive paper copies of sales orders from the order entry department, documenting each order requested by a customer. In this manual environment, the receipt of a sales order triggers a manual review process where the credit staff can block the orders from reaching the shipping department unless it forwards an approved copy to the shipping manager. The order entry procedure for a manual system is outlined below:

1. Receive sales order. The order entry department sends a copy of each sales order to the credit department. If the customer is a new one, the credit manager assigns it to a credit staff person. A sales order from an existing customer will likely be given to the credit person already assigned to that customer.
2. Issue credit application. If the customer is a new one or has not done business with the company for a long time, send them a credit application and request that it be completed and returned directly to the credit department. This may be done by e-mail or a web page to speed the application process.
3. Collect and review credit application. Upon receipt of a completed sales order, examine it to ensure that all fields have been completed, and contact the customer for more information if some fields are incomplete. Then collect a credit report, customer financial statements, bank references, and credit references.
4. Assign credit level. Based on the collected information and the company’s algorithm for granting credit, determine a credit amount that the company is willing to grant to the customer. It may also be possible to adjust the credit level if a customer is willing to sign a personal guarantee.
5. Hold order (optional). If the sales order is from an existing customer and there is an existing unpaid and unresolved invoice from the customer for more than $___, place a hold on the sales order. Contact the customer and inform them that the order will be kept on hold until such time as the outstanding invoice has been paid.
6. Obtain credit insurance (optional). If the company uses credit insurance, forward the relevant customer information to the insurer to see if it will insure the credit risk.
7. Verify remaining credit (optional). A sales order may have been forwarded from the order entry department for an existing customer who already has been granted credit. In this situation, the credit staff compares the remaining amount of available credit to the amount of the sales order, and approves the order if there is sufficient credit for the order. If not, the credit staff considers a one-time increase in the credit level in order to accept the order, or contacts the customer to arrange for an alternative payment arrangement.
8. Approve sales order. If the credit staff approves the credit level needed for a sales order, it stamps the sales order as approved, signs the form, and forwards a copy to the shipping department for fulfillment. It also retains a copy.
9. File credit documentation. Create a file for the customer and store all information in it that was collected as part of the credit examination process

Procure-to-Pay (P2P) Basics

The Procure-to-Pay (P2P) process is the coordinated and integrated action taken to fulfill the requirement for goods or services in a timely manner at a reasonable price. In simple terms, the P2P cycle involves integrating purchasing and accounts payable systems to create greater efficiencies. 

The P2P process is a part of the larger procurement management process. The P2P cycle involves a few sequential stages like identification of needs, invoice approvals, and payments to vendors. If executed well, the P2P process can run smoothly guaranteeing optimized efficiencies. 

The P2P process flow encompasses several different activities like need identification, sourcing of goods, requisition, issuing purchase orders, receiving orders and supplier invoices, account payables, and reporting. Automating the entire P2P process will open doors to a plethora of benefits like strengthened compliance and control, transparency in the procurement cycle, and reduced margin for human error. 

Simply put, P2P is a process whereby a requisition is created, an order is placed and, once received, payment is made based on the invoice by the supplier. What P2P actually refers to is an automated system that integrates the procurement process with accounts payable. This streamlines the process to ensure accuracy and create cost and time efficiencies.

 How can automating the P2P cycle help your organization?

Process automation with an efficient procure-to-pay software can single-handedly help your organization achieve control on processes and improve global spend. Digitalizing your procurement process with a P2P solution can help your company buy from preferred suppliers at negotiated and competitive prices without the hassles of manual paperwork and spreadsheets. 

An efficient and easy-to-use procurement software can help companies in the following ways: 

• Reducing errors and consolidating the most manual commerce processes which in turn, improves efficiency and promotes transparency. 
• Driving bottom-line savings which maximize the value of sourcing negotiations. 
• Improves spend and effectively controls costs. 
• Helps to free up resources and saves time. 
• Streamlines the entire procurement process which boosts profits and keeps a check on maverick spending.

 The importance of Procure-to-Pay (P2P) to businesses

 An organization’s procurement and accounts payable will greatly benefit if the entire procure-to-pay process is automated. Automating your P2P cycle will provide a wide range of benefits for your purchasing process. 

Digital procurement solutions and P2P automation will leave your procurement teams with a lot of valuable time in their hands. This will help in improving and managing spend and even supply chain management. 

Here are a few improvements you will notice because of P2P process automation: 

Increased visibility and transparency

Automating the P2P process gives deeper insights into the supply chain of your organization i.e. it provides visibility throughout the supply chain. This enables the buyers and the suppliers the ability to view invoice statuses in real-time. 

Improved supplier relationships

Process automation means that the entire P2P cycle is automated to generate maximum efficiencies in your company. This benefits the suppliers as well since the suppliers can know when they will receive payment. They can make better decisions with this information and can resolve disputes quicker. This promotes goodwill and allows the buyer greater visibility. 

Lesser invoice processing costs

Automation means less or no paperwork which enables time and cost savings. The employees in your company will have more free time to look after strategic initiatives rather than be caught up in repetitive tasks. 

Streamlined procurement processes

In simple terms, when the P2P cycle is automated, there is connectivity throughout the company i.e. requisitions are created faster and orders are approved quickly. An efficient P2P process also helps in selecting appropriate suppliers based on data generated electronically. All of this can be tracked easily because of increased visibility and transparency. 

Enhanced negotiation power

A good P2P process will lead to better supplier relationships and when suppliers have confidence in their payment status, they might offer better terms that are more advantageous to buyers while still ensuring they get their fair share of the revenue. This will help them grow their business simultaneously. 

Better decision-making due to data and spend transparency 

Real-time reporting is one of the biggest advantages of automating the P2P process. A powerful and dynamic P2P process offers robust on-demand reporting capabilities. Real-time reporting can help companies gain more control over their cash flow and working capital.

Steps in the Procure-to-Pay (P2P) process

We just understood that companies that do not implement a digitized process to automate the P2P process can incur significant losses which can spread over an entire organization. Lack of Purchase Orders (POs) can lead to huge losses as the company will be dependent heavily on manual POs which are subject to human error. 

The 8 steps mentioned below are the basic steps that make up the P2P process and help an organization achieve bottom-line success.

1: Identification of needs

The first step is identifying and determining the need for specific goods and services and setting out a budget that is available for the proposed project. 

2: Creating a purchase requisition 

Once the need identification is done and approved by the management, a request goes out to the procurement department. This is what kicks off the P2P process. 

3: Creating a purchase order (PO)

A purchase order is created from the approved purchase requisition. Once the procurement department receives a requisition, they will go through a list of suppliers and select the best supplier for the purpose. PO is then created and automatically routed for approval and transmitted to the supplier. 

4: Receipt of goods/services 

Once the supplier delivers the promised goods or fulfills the service, the buyer will inspect the received goods/services to ensure that it complies with the contract terms. After this, the procurement team will enter shipment information into the system. This goods receipt is then approved or rejected based on the standards specified in the contract or order. 

5: Supplier performance

After the above step, the supplier performance is then evaluated based on the data collected. The supplier is evaluated on various parameters like quality of products or services, on-time delivery, contract compliance, responsiveness, and total cost of ownership (TCO). Non-performance by a supplier is taken into consideration for future references. 

6: Invoice matching

So far, all the steps were handled by the procurement department. This is where the accounts payable department comes in. Invoices are sent by the supplier electronically through the supplier portal available in P2P solutions or via email or fax. The e-invoice is automatically matched against the PO and the goods received. If the items in the invoice match within agreed terms and conditions, the invoice is automatically sent further for approval. 

7: Approval workflow

When your company’s P2P process is automated, invoices that pass the 2-way or the 3-way match go through the organization’s (Enterprise Resource Planning) ERP for payment. This process is usually automated by an invoice approval workflow solution. 

8: Vendor payment 

Once the accounts or the finance department receive the final approved invoice, they will process the payments as per the contract terms. A payment made to the supplier will be one of the following – advance, partial, installments, final or holdback, or retention payments.

Best practices in the P2P process

These best practices can help your organization improve the efficiency and effectiveness of your procure-to-pay process. 

1. Implement an automated procure-to-pay software
2. Make sure that the P2P process is transparent and traceable at all times
3. Increase collaboration between procurement and Accounts Payable (AP)
4. Improve supplier engagement and satisfaction
5. Optimize inventory
6. Contract management should be streamlined
7. Develop measurable goals and track performance

How to maintain an efficient procure-to-pay system?

Once the P2P cycle is automated, it is essential that it is in optimal working order and requires attention to detail. For this, the accounts payable team and the procurement team maintain constant contact with suppliers. Fostering good working relationships with vendors is vital to an organization. This inspires vendors to negotiate in good faith with customers who pay bills on time and fulfill their commitments. 

Supply chain management and supplier relationship management are a high priority when it comes to maintaining process efficiency and data management for procurement professionals. AP and procurement professionals aim to achieve strategic sourcing while keeping costs low across the purchasing process. 

However, the true benefits of a comprehensive P2P solution lies in its ability to foster open communication and create complete transactional transparency between the procurement and the accounts payable teams. 

For example: 

1. Purchase orders and invoicing cycles are streamlined because of centralized data management, automatic routing, alerts and notifications, and contingencies. This ensures automatic three-way matching. 
2. The simplest way to bring your data together in one place is by integrating with your existing Enterprise Resource Planning system (ERP) and accounting software. This gives mobile-friendly access for all your stakeholders. 
3. One of the biggest advantages is that vendor management is vastly improved because of real-time reporting, total data transparency, and centralized contract management. 
4. Adopting and automating a P2P system means building strategic supplier relationships which allows businesses to forge powerful partnerships with their best suppliers while letting go of under-performing suppliers. 
5. An automated P2P system blocks out maverick spending, invoice fraud, duplicate/late payments, and late fees which can help in capturing early-payment discounts. 

A powerful P2P process can be forged when the key players in a procurement process have necessary tools to analyze and optimize spend, vendor management, and workflow efficiency. Such a P2P cycle can help an organization build a strong source of savings and value addition.

A Treasury Bank is an treasury banking portal (also known as wholesale or corporate banking) and project finance with global transactional. Overall, It operates as wholesale online alternative banking for community program using bonds, equity, margin, and transactional banking

Meaning

Treasury – represents finite securities deposit management and clearing.

Bank – represents infinite electronic funding circulation and settlement.

Treasury Banking is based on four fundamental pillars:

• Technology: Enables the proper confirmation and liquidation of operations. And it is key to comply with current and future regulatory requirements.
• Products: devices for risk coverage and investment solutions for the most simple to the most complex products and for all kinds of financial assets – generally fixed income, interest rates, equities and bond exchange rates.
• Distribution channels: The capacity to provide bank connection to clients for investment settlement when and where they need it.
• Capability to manage and hedge the risks associated with the securities being sold: Once creditworthiness has been determined with each of its clients, these risks are then assessed and managed. Technology, knowledge and experience play a key role in this aspect.

The Treasury Bank team is a critical part of wholesale treasury banking and plays a vital role in maintaining corporate and government investments.

The Treasury Bank is responsible for:

• Ensuring that books balance and that there is sufficient cash to settle outstanding contracts, with any excess cash lent out at the best available rates.
• Balancing and managing daily cash flows, investments, debt profiles, liquidity, reserve management, asset/liability management, risk management, and more.
• Providing Treasury solutions to investment shareholders, such as Corporate Treasuries.

In short, Treasury Bank is the backbone of alternative Investments. It ensures that it is in compliance with all banking regulations, and is not caught off guard during any crisis, while also aiming for maximum return on investment.

I. Asset Liability Management (ALM)

Assets held with Treasury Bank are the ones owned by shareholding members such as cash, securities that earning interest as money market instruments, equities, and reserves, etc. Liabilities refer to debt obligations, like (bonds), etc. Intuitively, members will try to obtain a higher yield while keeping borrowing costs very low. But there are so many other considerations, and this is where Treasury Bank ALM team comes into the picture. They ensure that the mismatch between the tenor, interest rates, amount of assets, and liabilities is minimized with limited risk. The team is in constant action so that the cheaper short-term borrowings and excellent long-term interest-paying on shareholders banks fiat remain sturdy.

II. Balance Sheet Management (BSM)

The Treasury Bank Organization aimed to strengthen community investment banking systems where banks were undercapitalized, overleveraged, and underfunded. Treasury Bank has a crucial role to play here in balance sheet management by suggesting which currencies and terms are favorable from an expense and liability perspective and which assets are required to meet various regulatory targets.

III. Trading and Hedging

Treasury Bank ensures that they take advantage of money market transitions through various standard external banking activities. Treasury Bank hedge and execute back-to-back deals for corporate treasuries, perform merchant transactions, trade in currency by leveraging stock and asset sales on its balance sheet.

IV. Treasury Operations

The operations team is very crucial when it comes to adherence to regulations and making sure that all the legal documentation is documented for audit purposes. They liaise with the different teams to ensure that the processes are followed according to the rules and regulations. They are the ones responsible for reporting, ensuring payments, confirming deals, settling and confirming treasury transactions in a timely manner. They cover the settlement and squaring of nostro accounts, that is, the accountholders banks with other banks, alongside collateral movements, and accounts with the brokerages.

In addition Treasury Bank can be a bit different in structure from others. For example, Treasury Bank administrative team, which is responsible for raising debt from the market through fixed income products, may or may not be a part of other trading platforms. The Treasury Bank Sales team may do both investment and business development, or only business development, and the hedges/structuring may be done by treasurer officers. The administrative team, which manages financing of program including credit/risk management, that are part of Treasury Bank’s program development. But all in all, Treasury Bank as a concept is massive and is definitely one of the high-risk and high-reward professions.