Bank reconciliation is a crucial process that ensures the accuracy of a company’s financial records against the bank’s account statements. A reconciliation statement serves to validate that payments have been processed and deposits correctly recorded. This process is essential not only for detecting fraud but also for identifying any unintentional Read more…
Syndicated lending has grown rapidly over the past decade to become an essential source of financing for large corporations and institutions. Under a syndicated loan structure, a group of banks join together to provide credit facilities and distribute risk across multiple lenders. Whereas a single bank may only be able Read more…
In todays day and age, restructuring your treasury functions through modernization, flexibility and preparation can allow for real time up-to-date reports that allow for improved short and long term decision making. In this webinar, Zohain Saeed, our BDM for South-East Asia will be covering the management of the following topics Read more…
This article will cover the information exchanged between CS Lucas and the accounting (Enterprise Resource Planning) system, as well as the methods employed to facilitate this exchange. Information sent from CS Lucas Accounting Journal CS Lucas sends accounting journals to the general ledger of the account system, which are Read more…
This article provides an overview of the integration between banks and the CS Lucas Treasury Management System, highlighting the benefits, methods, and costs of integration. BENEFITS Integrating CS Lucas with your bank offers several benefits, including: Accurate and up-to-date information for planning: With integration, bank balances and electronic statements Read more…
In todays times, investment & debt management requires flexibility and quick responses by treasurers for directors to make swift, real-time decisions. In this webinar, Chee Seong Tan, Founder & CEO of CS Lucas (an established treasury management system) talks about some of the most common questions he’s received from clients Read more…
We are pleased to announce that the company has successfully renewed its ISO27001 certificate from 19 Sep 2022 to 8 Sep 2025. Maintaining our ISO 27001 certification is of great importance to us. The team at CS Lucas works hard to ensure we are following the international security standards that Read more…
We love the spreadsheets! It is a massive boost to personal productivity.Nothing beats the spreadsheet to quickly sieve through voluminous data to clean, analyse and discern patterns with charts. And often, we see spreadsheet use for printing nicely formatted forms! Spreadsheet misuse But we notice all of our clients struggle Read more…
At CS Lucas, we believe that all our customers should have access to live and recorded learning modules to help you navigate the system and pick up new tips and tricks for your professional development. In this module, we covered: Booking short term loan/ placements Inter-company borrowing/ lending Limit control Read more…
CS Lucas has launched a new Treasury Management System designed to ensure the reliance upon spreadsheets in treasury is eliminated. We believe that treasurers should be working with the best tools available to them in order to perform to industry standard. That is why we have developed CS Lucas Essentials. CS Lucas Read more…
Our treasury management system uses a multitude of embedded software to support our solution, and from time to time, security vulnerabilities are discovered within these products. These products release patches to resolve or mitigate security vulnerabilities found in their software which are announced via email security bulletins. We keep up-to-date Read more…
Cash forecasting has and always will be a practice that successful businesses utilise to stay ahead of unprecedented events. COVID-19 created a level of financial strain that businesses could not have accounted for. In times like these, keeping a close eye on your cash flow, monitoring your position and having Read more…
