Treasury and working capital

It is a widely-acknowledged fact that the cost of capital has a major effect on shareholder value; and yet, many companies would still rather focus their collectives energies on improving their margins. The “problem” is also compounded by the fact that the financial markets for the most part see the cost of capital as a kind of "given." That may be true in one sense, but it is that the relative cost of capital that gives you the competitive advantage you need in today’s fiercely competitive marketplace. Unfortunately, companies that surrender long-term growth—and stability—for the dubious benefits of short-term gain play a dangerous game. The emphasis has to change. The problem is that there is now such as gap between the capitalisation of many companies and their book value that new ways and means of valuation are demanded. It is this difference that lies at the heart of the problem currently facing the capital markets. Because it lacks specific, reliable information and generally accepted valuation criteria, the market produces "estimates" of value based on the information available, such as the ratings of specialised agencies, company or industry scenarios, etc. Add to this the obsession with attaining quarterly financial results, the "profits" yielded by value appreciation vs. distribution of income scenarios, and the fact that value continues to concentrate itself in fewer and fewer companies, and you have a highly volatile situation in which high sustainability becomes more and more risky—and less and less likely

If this is your situation

• You want to raise debt or equity capital in international capital markets
• You need assistance in selecting the right capital market and establishing the right team of advisers
• You require advice on compliance with national regulations and listing rules, as well as preparing a business to operate as a public company.
• You need help to locate the financing that will boost your market share
• You want to find ways of better ways to manage assets and large capital investments
• Your company needs a full spectrum of services, from strategy definition, policies, procedures and controls, to systems/bank selections and implementation
• You need performance and control reviews to help with definition and implementation of key performance indicators to facilitate treasury value add, and control risks
• You need support to acquire software, help with tool and vendor selection, and guidance in implementation tried and tested methodologies