Cash Management - Banking Tools to
Maximize Your Earnings
Ohio Association of Public Treasurers, October 9, 2008
Susie Todaro, Vice President, Sr. Treasury Manager, KeyBank
A measure of both an organization’s efficiency and
its short-term financial health. The working capital
ratio is calculated as:
Working Capital = Current Assets - Current Liabilities
Positive working capital means that the organization
is able to pay off its short-term
liabilities. Negative working capital means that an
organization is currently unable to meet its short-
term liabilities with its current assets (cash,
accounts receivable and inventory).
Could your working capital be working
Control the Payments Process
Lockbox Services for Larger Volumes
Turns tax payments or utility payments into
productive, available cash faster.
Checks are cleared electronically as images.
Reduces need for costly courier services.
Increases speed and accuracy of deposits.
Provides enhanced information to support cash
Provides extensive remittance and deposit
information, while minimizing employee
Remote Deposit Services for
Moderate to Smaller Volumes
Remote deposit technology helps expedite check
Remote deposit solutions allow organization to make
check deposits electronically, without having to transport
paper checks to bank locations.
Remote deposit capture also effectively extends deposit
window hours, maximizing funds availability.
Remote deposit technology also allows organizations to
collect payments and make deposits from anywhere.
Begin to eliminate paper from your
In 2006, over two-thirds of all non-cash
payments were made via electronic methods.
Accepting deposits electronically via the
Automated Clearing House (ACH) network can
provide significantly faster funds availability
than paper checks.
ACH also helps reduce risk by accelerating the
receipt of return item information.
ACH also helps to simplify statement
reconciliation and improve cash forecasting.
Have a return items process in place to receive
the cash faster.
It’s all about cash.
Invest and maintain liquidity with
Consider longer-term investment
Work with a professional advisor.
Safeguard your accounts with
positive pay and other fraud
Fraud: A Problem That Won’t Go Away
Fraud targets any individual or organization, and
particularly those that demonstrate weaknesses.
AFP survey states that 72% of organizations have
been victims of attempted or actual payment
The Association of Certified Fraud Examiners
(ACFE) calculates annual losses due to fraud at
$652 billion, or approximately five percent of the
Hidden costs of fraud include operational
exposure, opportunity cost, reputation risk and
Control the Payments Process
Is there a better way to pay.
Optimize funding of payment accounts
Controlled Disbursements accounts (CDAs).
When coupled with Positive Pay, CDAs help
provide both increased control over funding
and a higher level of protection against
Eliminate Paper with electronic payment
Incorporate Purchase Card Solutions.
Questions and Comments Welcome
Thank you for your
KeyBank Global Treasury Management