Treasury Management & Cash Management Service
Optimise Liquidity. Manage Risk. Maximise Returns.
Cash is the lifeblood of every business, yet many Nigerian organisations manage treasury reactively—chasing payments, firefighting cash shortages, and holding idle balances that erode in value. With inflation at elevated levels, naira volatility, and interest rates around 25%, treasury management has become a strategic function that directly impacts profitability and business resilience. Meanwhile, the Central Bank of Nigeria’s tightening monetary policy—including the 45% Cash Reserve Ratio for commercial banks and 75% on non-Treasury Single Account deposits—has restricted credit availability, making disciplined cash management essential. At Qeeva Advisory, we provide treasury management and cash management services that help you optimise liquidity, manage risk, and maximise returns.
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Why Nigerian Organisations Need Treasury & Cash Management
Treasury and cash management are essential for financial resilience, yet many Nigerian organisations lack disciplined treasury practices. Here are the most critical gaps we help you address.
Cash Flow Blindness – Many business owners do not know their cash position in real-time. They are surprised by shortfalls and unable to plan for growth or emergencies. Without accurate cash flow forecasting, organisations cannot anticipate funding needs.
Idle Cash Eroding in Value – Surplus cash sitting in current accounts loses value to inflation. A finance expert noted that “surplus cash sitting in a current account is a slow leak. Inflation erodes it, and opportunity costs compound quietly.” Funds placed in interest-bearing accounts benefit from compounding, while idle cash loses purchasing power.
Restricted Access to Credit – The CBN’s 75% CRR on non-TSA public sector deposits has restricted bank lending, making traditional financing harder to access for private sector businesses, particularly SMEs. When banks cannot lend, cash reserves become the only reliable source of working capital.
Poor Working Capital Management – Inefficient management of receivables, payables, and inventory ties up cash and creates liquidity strain. SMEs should collect receivables more quickly and delay payments to suppliers where possible.
Currency and Interest Rate Risk – Naira volatility and interest rate fluctuations create significant financial risks. Without hedging and risk management, organisations are exposed to currency losses and interest rate movements.
Weak Banking Relationships – Many organisations do not actively manage banking relationships or negotiate terms. They miss opportunities for better pricing, improved service, and access to credit.
Fragmented Cash Visibility – Organisations with multiple bank accounts, entities, and currencies lack consolidated visibility into cash positions. This fragmentation prevents effective cash management.
No Cash Reserves – Many organisations lack adequate cash reserves to weather disruptions. Standard guidance recommends three to six months of operating expenses, yet many Nigerian businesses have far less.
Payment Processing Inefficiencies – Manual payment processes are slow, error-prone, and expensive. Automation can improve efficiency and reduce costs.
Compliance and Control Gaps – Treasury operations require strong controls to prevent fraud and errors. Without segregation of duties and authorization controls, organisations are vulnerable.
The Solution: Strategic Treasury & Cash Management
We provide treasury management and cash management services that help you optimise liquidity, manage risk, and maximise returns. Our approach combines cash flow forecasting, liquidity management, risk management, and treasury operations.
At Qeeva Advisory, we understand that treasury is not just about managing bank balances—it is about optimising the use of cash, managing financial risks, and supporting business strategy. Our team brings deep expertise in cash management, liquidity forecasting, and financial risk management.
We help organisations establish the discipline of setting money aside, automating contributions, and protecting value. We help you move from reactive cash management to proactive treasury management.
Whether you need cash flow forecasting, treasury policy development, liquidity management, or complete treasury transformation, we provide the expertise and commitment to help you succeed.
Our Comprehensive Treasury & Cash Management Services
We offer end-to-end treasury and cash management services tailored to the Nigerian business environment.
Cash Flow Forecasting and Planning
We help you forecast cash flows accurately and plan for the future.
Short-Term Cash Flow Forecasting – We build daily, weekly, and monthly cash flow forecasts that provide visibility into near-term cash positions.
Medium-Term Cash Flow Forecasting – We build quarterly and annual cash flow forecasts that support planning and budgeting.
Long-Term Cash Flow Projections – We build multi-year cash flow projections that support strategic planning and investment decisions.
Scenario Analysis – We develop scenarios (base case, optimistic, pessimistic) that show how cash flows change under different assumptions.
Sensitivity Analysis – We analyse how key variables—revenue, costs, collections—affect cash flows.
Rolling Forecasts – We implement rolling forecasts that provide ongoing visibility and enable proactive management.
Cash Flow Modelling – We build robust cash flow models that integrate with financial statements and budgets.
Driver-Based Forecasting – We develop forecasts based on business drivers—sales volume, pricing, collection periods—rather than simple extrapolation.
Liquidity Management
We help you optimise liquidity and ensure cash is available when needed.
Liquidity Assessment – We assess your liquidity position, identifying current and projected liquidity needs.
Liquidity Planning – We develop liquidity plans that ensure adequate cash is available for operations, debt service, and investment.
Cash Positioning – We help you optimise cash positioning across accounts, entities, and currencies.
Cash Concentration – We help you implement cash concentration structures that consolidate cash for better management.
Sweep Arrangements – We help establish sweep arrangements that automatically move excess cash to interest-bearing accounts or to cover shortfalls.
Notional Pooling – We help establish notional pooling arrangements that optimise interest across multiple accounts.
Working Capital Optimisation – We help you optimise receivables, payables, and inventory to release cash.
Cash Reserve Planning – We help you establish appropriate cash reserves. Standard guidance recommends three to six months of operating expenses, with even smaller buffers preventing panic borrowing.
Treasury Policy and Governance
We help you establish treasury policies and governance frameworks.
Treasury Policy Development – We develop treasury policies that define objectives, responsibilities, authorities, and controls.
Treasury Governance Framework – We establish governance structures that oversee treasury operations, including treasury committees and escalation procedures.
Delegation of Authority – We establish clear delegation of authority for treasury decisions, including approvals for payments, investments, and hedging.
Segregation of Duties – We establish segregation of duties to prevent fraud and errors in treasury operations.
Treasury Controls – We design controls over treasury operations, including payment approvals, bank reconciliations, and investment monitoring.
Treasury Procedures – We document treasury procedures that ensure consistency and compliance.
Treasury Metrics and Reporting – We establish treasury metrics and reporting that provide visibility to management and the board.
Banking Relationship Management
We help you manage banking relationships effectively.
Bank Relationship Review – We review your banking relationships, assessing service quality, pricing, and capability.
Bank Selection and Rationalisation – We help you select banks and rationalise banking relationships to improve efficiency and pricing.
Bank Fee Analysis – We analyse bank fees and charges, identifying opportunities to reduce costs.
Banking RFP Management – We manage banking RFPs, ensuring competitive pricing and service terms.
Bank Negotiation – We support negotiation with banks on pricing, terms, and service levels.
Bank Account Structure Design – We design bank account structures that support efficient cash management.
Bank Guarantee and Facility Management – We manage bank guarantees, letters of credit, and other banking facilities.
Payment and Collection Management
We help you optimise payments and collections.
Payment Process Optimisation – We optimise payment processes, reducing costs, improving efficiency, and enhancing controls.
Payment Automation – We automate payment processing, including bulk payments, scheduled payments, and approval workflows.
Payment Controls – We establish payment controls that prevent fraud and errors.
Collections Management – We improve collections processes, reducing days sales outstanding (DSO) and improving cash flow.
Receivables Financing – We advise on receivables financing options, including invoice discounting and factoring.
Payables Management – We optimise payables management, balancing supplier relationships with cash flow optimisation.
Supply Chain Finance – We advise on supply chain finance options that optimise cash flow across the supply chain.
Payment Terms Negotiation – We support negotiation of payment terms with customers and suppliers.
Cash and Investment Management
We help you manage cash and short-term investments.
Cash Management Policy – We develop cash management policies that define how cash is managed, invested, and protected.
Investment Policy Development – We develop investment policies that define objectives, risk tolerance, and permitted instruments.
Short-Term Investment Advisory – We advise on short-term investment options, including treasury bills, commercial paper, and money market funds.
Investment Monitoring – We monitor investments, ensuring they meet policy requirements and performance objectives.
Counterparty Risk Assessment – We assess counterparty risk for banks and investment counterparties.
Investment Diversification – We advise on diversification across counterparties and instruments.
Yield Optimisation – We help optimise yields on cash balances while maintaining liquidity and safety.
Tax-Efficient Investment Structures – We advise on tax-efficient investment structures.
Financial Risk Management
We help you manage financial risks.
Currency Risk Management – We assess currency exposure and recommend hedging strategies.
Interest Rate Risk Management – We assess interest rate exposure and recommend mitigation strategies.
Commodity Price Risk Management – We help you manage commodity price risk where relevant.
Hedging Policy Development – We develop hedging policies that define objectives, permitted instruments, and controls.
Hedging Execution Support – We support execution of hedging transactions.
Hedge Accounting Advisory – We advise on hedge accounting under IFRS 9.
Risk Reporting – We establish risk reporting that provides visibility to management and the board.
Treasury Technology and Systems
We help you leverage technology for treasury management.
Treasury Management System Selection – We help select treasury management systems that meet your needs.
Treasury Management System Implementation – We support treasury management system implementation, including configuration, data migration, and training.
Bank Connectivity – We establish bank connectivity that enables real-time visibility and automated transactions.
Cash Visibility Dashboards – We implement dashboards that provide real-time visibility into cash positions across accounts, entities, and currencies.
Payment Systems Integration – We integrate payment systems with treasury and accounting systems.
Automation – We automate treasury processes, reducing manual effort and errors.
Cash Reserve Planning
We help you build cash reserves that protect your business.
Reserve Level Assessment – We assess appropriate cash reserve levels based on your business, industry, and risk profile.
Reserve Building Strategy – We develop strategies for building cash reserves over time.
Automated Reserve Contributions – We help automate reserve contributions, ensuring consistency.
Reserve Protection – We advise on protecting reserves from inflation erosion and inappropriate use.
Opportunity Fund Design – We help design “opportunity funds” specifically reserved for rapid expansion or inventory discounts.
Reserve Governance – We establish governance over cash reserves, ensuring they are used appropriately.
Treasury Training and Capability Building
We help you build treasury capability.
Treasury Training – We deliver treasury training for finance teams, covering cash management, forecasting, risk management, and treasury operations.
Treasury Coaching – We provide coaching to treasury staff, building their capability over time.
Treasury Manuals and Tools – We develop treasury manuals and tools that support treasury operations.
Best Practice Benchmarking – We benchmark your treasury practices against leading practices.
Industries We Serve
We provide treasury and cash management services across multiple sectors in Nigeria.
Banking and Financial Services – We help banks, insurance companies, and financial institutions manage treasury operations and liquidity.
Manufacturing – We help manufacturers manage working capital, cash flow, and currency risk.
Oil and Gas – We help energy companies manage treasury operations, including multi-currency cash management and commodity price risk.
Retail and Consumer Goods – We help retailers manage cash flow, payment processing, and working capital.
Technology and Digital – We help tech companies manage cash, runway, and investment of surplus funds.
Healthcare – We help healthcare organisations manage cash flow and treasury operations.
Real Estate and Construction – We help developers and construction companies manage project cash flow and treasury operations.
Professional Services – We help professional service firms manage cash flow and treasury operations.
Logistics and Transportation – We help logistics companies manage cash flow and treasury operations.
Hospitality – We help hotels and restaurants manage cash flow and treasury operations.
Non-Profit and NGOs – We help mission-driven organisations manage cash and reserves.
Public Sector – We help government agencies manage treasury operations.
SMEs – We provide accessible treasury and cash management support for SMEs.
Family Businesses – We help family businesses professionalise treasury management.
Our Engagement Process
We follow a structured, collaborative process to deliver high-impact treasury and cash management.
Phase 1: Discovery and Assessment – We understand your business, cash flow patterns, treasury operations, and objectives. We assess liquidity position, risks, and improvement opportunities.
Phase 2: Strategy and Policy Development – We develop treasury strategies, policies, and governance frameworks aligned with your objectives.
Phase 3: Implementation – We implement cash flow forecasting, liquidity management, banking structures, and treasury systems.
Phase 4: Monitoring and Continuous Improvement – We monitor treasury performance, refine processes, and provide ongoing support.
Why Choose Qeeva Advisory for Treasury & Cash Management
Deep Treasury Expertise – We have deep expertise in treasury management, including cash flow forecasting, liquidity management, risk management, and treasury operations.
Nigerian Market Knowledge – We understand the Nigerian financial environment, including CBN monetary policy, banking practices, and market conditions.
Practical and Actionable – We provide practical solutions tailored to your business size, industry, and specific challenges.
Cash Reserve Focus – We help you build cash reserves that protect your business and provide financial flexibility.
Risk Management Capability – We help you manage currency, interest rate, and counterparty risks.
Technology-Enabled – We leverage treasury management systems and dashboards to provide real-time visibility.
Governance Focus – We establish treasury governance and controls that prevent fraud and ensure accountability.
End-to-End Support – We provide comprehensive services from assessment to implementation to ongoing management.
Training and Capability Building – We train your team and build internal capability, ensuring sustainable treasury operations.
Long-Term Partnership – We build lasting relationships, providing ongoing support as your business evolves.
Confidentiality and Integrity – We treat your financial information with the highest level of confidentiality.
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Suggested Reading
Cash Reserve Planning During Economic Downturns in Nigeria – In Nigeria’s challenging economic environment, cash reserve planning is no longer optional—it is a survival strategy.
Budgeting Techniques for Sustainable Growth in Nigeria – A well-structured budget is not about restraint. It is about direction, clarity, and control.
Common Accounting Errors That Affect Profitability in Nigeria – Accounting errors quietly drain profits, attract penalties, and limit growth.
Preparing a Business for External Audits in Nigeria – External audits can be daunting, but with the right preparation, they become an opportunity to demonstrate your business’s financial integrity.
Deferred Tax Asset Validation Burndown: Complete Guide for Nigerian Businesses – Deferred tax asset validation is a critical financial reporting discipline.
Supporting Liquidation Planning for a Struggling Enterprise – Practical guidance for businesses facing financial distress.
Frequently Asked Questions (FAQ)
1. What is treasury management?
Treasury management is the management of an organisation’s cash, investments, and financial risks. It includes cash flow forecasting, liquidity management, banking relationships, payment processing, and risk management.
2. What is cash management?
Cash management is the subset of treasury management focused on managing cash flows, bank balances, and short-term liquidity.
3. Why is cash flow forecasting important?
Cash flow forecasting provides visibility into future cash positions, enabling proactive management of liquidity, funding needs, and investment decisions. Without forecasting, organisations are reactive and vulnerable to cash crises.
4. How much cash reserve should my business hold?
Standard guidance recommends three to six months of operating expenses. However, start with what is realistic. Even one month of expenses can prevent panic borrowing. The goal is not to build it at once but to start and grow it consistently.
5. Where should I keep my cash reserves?
Look for financial products that balance accessibility with value preservation. In Nigeria’s high-inflation environment, leaving reserves in zero-yield accounts erodes their value. Consider flexible savings options that offer modest returns while maintaining accessibility.
6. How do CBN policies affect my cash management?
CBN policies like the 75% CRR on non-TSA deposits restrict bank lending. This means traditional financing may be harder to access, making your own cash reserve more important.
7. What is working capital optimisation?
Working capital optimisation involves improving receivables collection, payables management, and inventory management to release cash and improve liquidity.
8. What is hedging?
Hedging involves using financial instruments—such as forwards, options, and swaps—to manage financial risks, including currency and interest rate risk.
9. What is a treasury management system?
A treasury management system is software that supports treasury operations, including cash visibility, forecasting, payment processing, and risk management.
10. How do you help with banking relationships?
We review banking relationships, support bank selection and rationalisation, analyse bank fees, manage banking RFPs, and support negotiation with banks.
11. Do you serve businesses outside Lagos?
Yes. While our head office is in Ikeja, Lagos, we serve businesses across Nigeria. Our treasury and cash management services are available to clients regardless of location.
12. How do I get started?
Contact us to schedule your free consultation. We’ll discuss your treasury and cash management needs, assess your situation, and provide recommendations for how we can help.
Contact Us
Optimise liquidity, manage risk, and maximise returns. Let us build a partnership that strengthens your treasury and cash management.
Schedule Your Free Consultation to discuss your treasury and cash management needs and explore how we can help.
Phone: +234 802 320 0801, +234 807 576 5799
Email: info@qeeva.com
Address: 5, Ishola Bello Close, Off Iyalla Street, Alausa, Ikeja, Lagos, Nigeria
Business Hours: Monday to Friday, 8:00 AM – 6:00 PM WAT
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