Azzana est un cabinet de conseil spécialisé dans les domaines de la trésorerie d’entreprise, du cash management et des paiements.
31 rue d'Amsterdam 75008 PARIS
France : +33 (0) 1 44 65 33 84
Belgium : +32 (0) 2 673 64 30
Singapour : +33 (0) 1 44 65 33 84
Mail : info@azzana.net

Treasury Diagnostic

Treasury Diagnostic

Objectives of the project

One of our corporate clients, a major pharmaceutical company, wanted to analyse all of his treasury processes to identify the areas that can be strengthened and improved. The purpose of this diagnostic was to enable the company to set up a more centralised and efficient treasury organisation by redefining the roles & responsibilities and describing the treasury procedures to be followed throughout the whole group.


Our client has a presence in Europe, the United States and South America. Following major changes on the management level and a treasury team facing many new challenges, with the limited means / resources that were historically allocated to them, it was decided to review all treasury processes to better support the continuous international growth.

Our role

Initially, Azzana organised workshops with the stakeholders involved in the group’s treasury activities to exchange and collect information on the five topics covered by the Treasury Diagnosic:

  • Process & Organisation
  • Banking Relations
  • Cash Management & Pooling
  • Financing & Investments
  • Market & Operational Risk

Subsequently, our experts conducted a detailed analysis of the information collected, in order  to draft a summary report that redefines the procedures and best practices, covering all aspects of the treasury function. After consolidation of the results, we continued to guide our client until the presentation to the executive committee.

Results & Added value

The involvement of Azzana allowed our customer to receive an objective and targeted report containing the conclusions of the diagnostic: the areas that were well managed, compared to the areas requiring improvement or change. The workshops have been an opportunity for the Azzana experts to share their knowledge on best practices and trends, in close collaboration with the treasury team.
Finally, through this report, our diagnostic has provided the client with a better view on the group’s treasury organisation and revealed the necessary improvement areas, by comparing the existing processes with industry’s best practices. Following our diagnosis and the presentation to the executive committee, the management has approved an adjustment of the resources allocated to the treasury department.