Optimizing cash flow in a context of rising interest rates

Sector: Insurance & Financial Services

Objective: Improve cash management to optimize return on assets

Faced with rising interest rates, a major player in the sector launched a strategic cash optimization project. The aim was to maximize return on assets through enhanced forecast management and unified processes. The project was carried out in two phases:

• Phase 1: Diagnosis of existing situation – flow mapping, governance, identification of friction points
• Phase 2: Optimization recommendations – improved forecast management, levers for improvement and enhanced use of Kyriba

PALMER‘s added value

• Technical and functional expertise: in-depth analysis of existing flows and processes
• Kyriba mastery: Optimal use for forecasting and liquidity management
• Collaborative approach: Facilitating exchanges between departments to ensure buy-in
• Actionable recommendations: Clear roadmap aligned with strategic challenges

The keys to success

• Precise mapping of financial flows to identify frictions
• High-performance forecasting tools to better anticipate cash requirements
• Smooth coordination between all stakeholders
• Standardization of inter-departmental practices

Course of the mission

• Diagnosis: Complete cash flow mapping, governance analysis
• Identification of irritants: Malfunctions between departments (investment, accounting, management control, Ostrum)
• Kyriba audit: Analysis of current usage and optimization potential
• Concrete proposals : Specific modules, harmonization of processes
• Collaborative leadership: Co-constructing solutions with key departments
• Strategic validation: Recommendations presented to and validated by the Strategic Committee

Challenges

• Coordination of multiple stakeholders with heterogeneous priorities
• Harmonizing diverse processes
• Kyriba’s technical limitations to be overcome to achieve objectives

A concrete, measurable impact

• Reliable cash flow forecasting
• Optimizing returns on assets in a high interest rate environment
• Streamlined processes for greater efficiency
• Greater collaboration between departments, faster, more aligned decisions