|
By Michael Hayes, Partner; Beth da Silva, Partner; Joe Marchese, Partner;
Pat Diercks, Partner and Brian Allen, Partner
Recent Silicon Valley Bank and Signature Bank events leading to uncertainty in the middle-market banking space is creating the need for a renewed focus on treasury management and related risk management. While current liquidity management is of paramount importance, now is an opportune time for venture capital firms to take stock of their treasury management function and make appropriate upgrades, as needed.
Performing a treasury management gap analysis is a tried-and-true method to strengthen controls around managing money, assess and improve operational efficiencies in current processes and potentially generate a modest level of additional income. Achieving these objectives begins with an effective gap analysis.
|
