Maintain claims-paying liquidity by connecting premium settlements, claims forecasts and investment maturities.
This whitepaper maps the seven stages of the daily treasury journey to Treasury Management System capabilities, operational workflows and business benefits.
From Premium Collections & Claims Liquidity to Investments, Risk & Financial Control.
Activity: Premiums, broker and agent remittances, digital collections, statements and multi-entity currency positions.
TMS: Cash Management, Bank Connectivity.
Activity: Premiums, claims, reinsurance flows, operating costs, payroll and tax in rolling forecasts.
TMS: Cash Forecasting, Liquidity Planning.
Activity: Fixed-income holdings, deposits, maturities, yields and cash-flow inputs to asset liability management.
TMS: Investments Position, Valuation.
Activity: Claims settlements, reinsurance premiums and recoveries, brokers, providers and vendors.
TMS: Payments, Payment Factory.
Activity: FX and rates, counterparty and credit limits, payment fraud, approvals and audit evidence.
TMS: Risk Analysis, Payment Screening.
Activity: Policy, claims, ERP and investment records, bank reconciliation and GL postings.
TMS: Cash Accounting, GL Reconciliation.
Activity: Claims liquidity, investments, asset liability reporting inputs, exposures and solvency reporting inputs.
TMS: Business Intelligence, Risk Analysis.
Start the day by validating bank and source feeds. Refresh the cash outlook before funding and payment decisions. Close the day by reconciling movements, reviewing exceptions and publishing agreed management measures.
A step-by-step approach to implementation.
Confirm entities, bank accounts, cash classifications and the ownership of each source feed. Validate opening balances and settlement references before publishing a daily position.
Build the rolling cash forecast around the operating drivers in this journey. Pilot approvals, bank routing and exception handling for one representative entity or payment stream.
Reconcile pilot transactions back to bank and source records. Track breaks and forecast variances, assign owners and expand to additional entities once agreed controls pass.
