Bastion Currency Management (BCM) provides Treasury Services & Solutions geared specifically to the challenges SMEs have with managing their treasury operations, even though they are usually bundled into accounting functions.
We accomplish this by working with you to isolate and define your company's treasury requirements in a highly competent, consultative capacity
. This allows you to leverage our expertise and unconflicted advice to ensure your financial operations positively affect your bottom line.
A company’s financial management is an integral part of its business strategy and not a separate set of decisions made without regard to the company’s other strategies (e.g. sales, production, etc.). As a Treasurer is essentially a risk management expert, our focus is on the risk components of Treasury Management, and it's fair to say that risk management concepts are complex, very often unintuitive and they are most certainly not at the forefront of most people's daily jobs.
Our experience is that most companies tend to focus on financial products rather than deeply understanding how various risks affect their company's overall strategy, and their natural approach to risk management is way after the fact which is inherently counterproductive. The decisions have already been made, and then it becomes a mad scramble to gather exposures and figure out how to hedge them if at all.
We believe that the best process is to start further upstream before decisions are actually made, and then we can assess how a number of risk factors impact your exposures. That way, exposure impact can at least be a consideration, and walking into the situation with your eyes open is preferable to being blindsided when things start to go sideways.
Unlike most consultants, we don't view your Treasury operations and financial risks in isolation. We have an unorthodox approach—we take a bottom up approach to understanding your Treasury and then work outward from you financial risks to see how these affect other areas of your Treasury such as working capital and cash management, and then your overall company and its objectives.
Only then can we start strategizing how to best achieve operational efficiencies and manage risks to increase cash flows and boost profitability. We appreciate treasury can be a complicated area of your financial operations, so we make sure to take the time, and use accessible, non-technical language to walk you through our process.