Optimizing your company’s finances requires efficient cash management. Technological solutions can make your life easier.

In these unprecedented economic times, now more than ever you need to manage your company’s finances diligently and efficiently. As a business leader and manager, you need to provide your teams, customers and suppliers with solutions and prospects for future growth.

Our experts can help you adapt to this situation now, review your cash processes and advise you on adopting best practices in the short and long term.

Our specialized cash management team, consisting of former treasurers, experienced consultants and technical experts, offers both consulting and implementation services for cash and payment management technology and cloud computing solutions.

Our firm’s association with Kyriba allows us to modernize and optimize cash management functionalities.

Cash performance management platform

Kyriba is the global leader in cloud treasury and finance solutions, supporting more than 80,000 users in nearly 100 countries.

This highly secure software-as-a-service (SaaS) platform is a scalable, innovative system that provides superior connectivity with all partners (internal ERP systems, banks, suppliers, etc.).

Kyriba provides a range of comprehensive solutions covering a broad functional scope to guide companies facing today’s financial challenges such as:

• security;
• cashflow projections;
• liquidity needs;
• foreign exchange risk;
• payment process centralization;
• bank cost control.

Offering reliable and accurate results, Kyriba supports strategic decision-making and is a strong added value for the company.

Our firm was awarded the Channel Partner of the Year at the 2020 Kyriba Live Conference in Las Vegas.

Raymond Chabot Grant Thornton is proud to be joining forces with Vena to offer a new, automated enterprise performance management (EPM) solution across the nation.

This tool will support processes relating to the planning and budgeting for the finance and operations divisions, the consolidation, analysis and reporting of financial information, and finance function management.

This partnership will enable the firm to offer small- and medium-sized businesses the opportunity to acquire a high-performance cloud-computing EPM solution at an affordable price. The solution modernizes budgeting and planning, shortens the closing cycle and monthly consolidation, accelerates the financial reporting process, and easily generates management reports and in-depth analyses.

David Mayrand, Management Consulting Partner, said: “This tool transforms traditional Excel reports into an optimal financial planning and analysis solution. Since Vena is an accessible platform that uses Microsoft Excel technology, our small- and medium-sized clients will benefit from less time spent on managing processes and creating financial reports. It will especially enable them to make better, faster decisions.”

The new partnership between Raymond Chabot Grant Thornton and Vena extends the group’s EPM solutions.

Our certified experts can help you find the best technology for your business and guide you throughout the process. Contact us now to learn how to optimize your financial performance.

For more information about Vena’s EPM solution, go to www.venasolutions.com.

Five Grant Thornton (GT) member firms have launched a new technology offering for global mobility services.

This application will help HR and international travel managers better manage the regulatory, tax and compliance issues that arise from a mobile workforce.

When employees accept an international assignment or are permanently transferred out of their home country for business reasons, their employer is required to provide support for ensuring continued tax compliance in addition to being responsible for the company’s obligations.

Our international mobility specialists are then called upon to inform organizations of the scope of tax, social security, benefits and human resource requirements they need to consider in order to ensure compliance and maximize their investments.

The new platform, developed jointly by GT member firms in the United States, the United Kingdom and the Netherlands as well as the Canadian member firms in Toronto and Montréal, equips clients by providing them with real-time monitoring, analyses and information on their international mobility programs (e.g. schedules, deadlines, follow-ups, dashboards, etc.).

Martin Caron, Senior Manager, Global Mobility Services at Raymond Chabot Grant Thornton says: “This new tool allows organizations with a mobile employee population and experts in the GT network to share information in real time, allowing them to better ensure compliance during international assignments.”

Caron adds: “For example, an employer can easily track the status of tax returns for employees deployed to China, the United States or Canada.”

Workers abroad also have access to the application and can use it, among other things, to file their tax documents. Each of the parties involved benefits from the application according to their role in the program, in a high-performance, easy-to-use and fully secure virtual environment.

Contact us for more information about our international mobility services or the new platform.