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- Treasury Bills & Bonds
- Who it's for
- Corporate treasury teams
Corporate treasury teams
A corporate treasury invests surplus operating cash in treasury bills and short notes, settling through a custodian and one or two banks. The team is small, so separation between who prepares and who approves matters. Coupons and maturities must be planned into the cash forecast and every movement reconciled.
How Treasury Bills & Bonds is set up for you
Auction and secondary purchases
Raise each purchase as an instruction with balanced debit and credit accounts.
Four-eyes approval
An approver independent of the preparer authorizes each instruction version.
Maturity ladder
Schedule each holding's coupons and maturity and plan cash from the calendar.
Daily reconciliation
Match custodian and bank movements and roll balances forward each day.
A corporate treasury invests surplus operating cash in treasury bills and short notes, settling through a custodian and one or two banks. The team is small, so separation between who prepares and who approves matters. Coupons and maturities must be planned into the cash forecast and every movement reconciled.
Start with one legal entity, one custodian and one bank. Load counterparties, accounts and the current holdings' cash flow schedules. Run new purchases through approval, submission and settlement for a month, and reconcile daily before adding entities.
[Plan the rollout](/treasury-bills-bonds/implementation), [review the modules](/treasury-bills-bonds#modules), and [compare the source data](/treasury-bills-bonds/data-model).
Features to start with
Bank Instructions
Draft each banking instruction with its counterparty, amount, value date and balanced debit and credit accounts.
Review Queue
Record an independent approver's decision on the exact version of each instruction and cash flow.
Security Cash Flows
Schedule coupon and maturity cash flows for held bills and bonds and reconcile them to custodian receipt.
Roles on the team
- Treasury Preparer
- Drafts banking instructions with their balanced account scope and schedules coupon and maturity cash flows for held securities.
- Treasury Approver
- Independently approves, rejects or returns each submitted instruction version and each scheduled coupon or maturity reconciliation.
- Settlement Analyst
- Submits authorized instructions to the provider, verifies bank evidence and resolves operation exceptions.
- Reconciliation Accountant
- Imports balance snapshots and provider movements and matches them to instructions.
Set up Treasury Bills & Bonds your way.
Start free, then use Proto to change fields, steps and approvals before your team goes live.