Treasury Management Workshop (presenting with Minnesota Bankers Association)

During this workshop, we will review the primary Treasury Management services available in the market. You will learn strategies to offer the right Treasury Management services your business customers need based on the value these services provide to businesses.

The bankers of today must be “lenders” as well as “deposit gatherers.” Community banks are searching for ways to increase core deposits and non-interest fee income: Treasury Management is the answer. In this course, you will gain a deeper understanding of how the Sales, Treasury Management, IT, Marketing, and Deposit Operations team members must collaborate to successfully sell and implement the business products and services at your institution. We will cover the ideal organizational design for Treasury Management and how to incentivize the sales team.

You will walk away from this course with a deeper knowledge of Treasury Management, learn to conduct a TM Needs Assessment on your business account holders, and learn strategies to increase core deposits. You’ll also bring ideas back to your institution on how to market Treasury Management services to your ideal business account holders and ways your team can work better together knowing how critical each area is to the success of the implementation and sale of these services.

Short description: Want to increase core deposits and non-interest fee income? Treasury Management is the answer! During this course, we will review the primary Treasury Management services available in the market and discuss pricing and challenges your bank may be facing when selling TM services. You will learn strategies to offer the right Treasury Management services that your ideal business customers need based on the valuethese services provide to businesses. You will also learn ways your team can work better together and bring back tools you can use immediately.

Workshop Overview:

• Part I – Foundational Knowledge
• Part II – Marketing & Sales Process
• Part III – Product Implementation
• Part IV – The Future of Treasury Management

After this webinar you’ll be able to: 

• Maximize the Account Analysis statement as a tool to cross-sell and identify new fee income opportunities
• Understand the Treasury Management services available in the market
• Identify enhancements to services focusing on the benefits of each service to businesses—the value
• Identify TM services your business customers are asking for that you may be missing
• Determine which services you need to offer to businesses based on industry
• Learn how the Treasury Management team collaborates with technology, operations, marketing and sales teams
• Implement ideas on how to market and brand your Treasury Management services
• Understand the ideal organizational design for Treasury Management and how to incentivize the sales teams
• Establish a process to implement Treasury Management products
• Choose the right digital payment strategy for businesses
• Identify new authentication methods to enhance your products’ security

Who Should Attend:

Business bankers who want to learn about Treasury Management products and their benefits to business clients, Treasury Management sales officers/specialists, Deposit Operations personnel, IT, and Marketing staff. This course is also designed for Presidents/CEOs who are looking for the ideal organizational structure for Treasury Management and looking for additional non-interest fee income as well as new core deposits.

Why You Should Attend:

To obtain a better understanding of the value of Treasury Management products and using them as a core deposit growth and increased fee income strategy. To learn more in-depth how Treasury Management interacts with the business banking, IT, and deposit operations teams. You will also learn about the future products your institution should offer to your clients and how new payment systems may affect your institution.

Key Learning Objectives:

1. Gain a deeper understanding of Treasury Management
2. Gain knowledge of Treasury Management products and how they help your business clients
3. Learn how Treasury Management collaborates with the Bank’s Technology, Operations, Marketing, and Sales teams and how they can work together better
4. Learn about risks that Treasury Management products pose to the institution
5. Identify new non-interest fee opportunities, how to market and brand your Treasury Management products, and ideas on how to sell more products by meeting your clients’ needs
6. Learn about a sales process and how to customize it for your institution
7. Learn about the future of Treasury Management and how your institution can prepare

Topic Background:

The Cash Management services have been around for over forty years. In recent years, the name was changed to Treasury Management. However, both terms are used interchangeably in the banking industry. Treasury Management services and products include all the banking services financial institutions offer to business clients to help them handle their cash on a daily basis. With increased new technology-based products come increased risk for both the financial institutions and the business clients who use the products. Therefore, it is crucial for both institutions and business clients to get educated on which Treasury Management services are available, what their risks are, and how they can be used to maximize the management of the business’ daily cash to improve profits.

For more information and to register, click here.