Start a Treasury Sweep Account Discovery

A request for an account sweep usually reflects a daily cash management question. Ask when balances move, which accounts participate, who approves transfers, and what liquidity the company must retain. Do not promise availability, yield, or a particular configuration before the bank reviews the request.

Mason Healthcare has several operating accounts and a controller who manually moves balances every morning. The specialist asks about payroll timing, restricted funds, and the reconciliation process. She does not advise the company how much cash to retain or state that automation will eliminate errors.

Create a factual workflow map: source accounts, destination purpose, timing, authorized roles, and exception owner. The customer decides its internal cash policy and consults its advisors on investment or legal questions. The specialist can explain the formal review and setup path.

End by naming the records and authorized contacts needed for the next meeting. That preparation gives the bank the operating pattern it needs for its evaluation.

For coaching, ask Mason’s controller to trace one Friday: which account receives collections, which account pays payroll, and who notices a balance exception? A specific day often reveals a transfer that is manual only because no backup person owns it. The specialist should document that fact and ask the controller to confirm it with the authorized administrator. This creates a focused review request without deciding the company’s liquidity policy for it.