Accounting
Managing Cash Flow for Thai SMEs
Managing cash flow for Thai SMEs: why it matters, the most common cash flow challenges and practical strategies to keep your business liquid.
4 min read
Accounting Services
Treasury management services in Thailand
Once you make more than 10–15 payments a month, bank admin eats 4–8 hours of someone's week. Our treasury management service schedules your payments, prepares Bank of Thailand FX documents, and reports your cash position. You approve and release every payment.
Quoted on your volume of payments
No commitment · Written reply within 1 business day · Published prices
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The basics
What is treasury management?
Treasury management is how a company handles its outgoing payments, its daily cash position, and its banks. In plain terms: deciding which bills to pay, when, and from which account, and making sure every transfer meets the document and timing rules of the bank and the regulators.
It is often confused with two other services. Bookkeeping records what already happened (the journal entry after a payment goes out). AP/AR Management tracks what is owed, in the ledger. Treasury management prepares the payments and manages the cash position day to day: the working link between AP/AR and the bank.
Why this matters in Thailand
Bank of Thailand (BOT) foreign exchange rules govern transfers of foreign currency abroad. Transfers above the reporting threshold need supporting documents: invoices, contracts, and beneficiary details. Mistakes lead to questions from the bank and can delay a payment by days or weeks.
Anti-money laundering (AML) and know-your-customer (KYC) rules under the Anti-Money Laundering Act B.E. 2542 (1999) require banks to check unusual payment patterns. An account that triggers alerts can be frozen while the bank investigates, which can stop your operations.
PND 1 and social security deadlines fall on fixed dates each month: withholding tax on salaries by the 7th (paper) or 15th (e-filing), and social security contributions by the 15th. Missing them triggers surcharges under the Revenue Code and the Social Security Act, and late salaries damage employee trust.
Segregation of duties
You keep full control of approvals. Plizz prepares, schedules, and follows up; you authorize and release. This segregation of duties is a basic internal control that protects against fraud and meets auditor expectations.
Not sure if you need treasury?
Send us your payment volume and we tell you in writing whether it justifies outsourcing.
Transparent Pricing
Treasury Management: Pricing
Quoted on the number of outgoing payments per month and the banks involved.
| Tier / Variant | What's included | Govt / 3rd-party fees | Plizz service fee |
|---|---|---|---|
| Treasury managementOn quote | Daily monitoring, payment schedules, domestic and international payment coordination, monthly treasury report. | Bank transfer fees and FX conversion spread are pass-through costs. | On quote Reason for quote:Quoted on volume of outgoing payments |
On quote
Treasury management
Daily monitoring, payment schedules, domestic and international payment coordination, monthly treasury report.
- Govt / 3rd-party fees
- Bank transfer fees and FX conversion spread are pass-through costs.
- Plizz service fee
- On quote
Reason for quote:Quoted on volume of outgoing payments
All Packages Include
- Daily monitoring of payment requests and supporting documents
- Preparation of payment schedules based on due dates and client instructions
- Coordination of domestic and international payments via client's designated bank or payment platform
- Preparation of bank transfer details and payment lists for client approval
- Account-balance monitoring for payment planning and cash management
- Vendor / service-provider liaison on payment status
- Payment tracking and record maintenance
- Monthly payment summaries and treasury reports for management review
- Intercompany payment coordination (where applicable)
- General treasury administration and follow-up support
Optional Add-Ons
| Add-on | Fee | Notes | Add to quote |
|---|---|---|---|
| Cross-Border Payment Coordination | On quote Reason for quote:Complex multi-jurisdiction settlements requiring additional BOT documentation. | For layered intercompany flows or non-standard beneficiary structures. | |
| Intercompany Payment Management | On quote Reason for quote:Multi-entity Plizz Group or external parent-subsidiary structures. | Quoted by number of entities and payment frequency. | |
| Treasury Policy Drafting | On quote Reason for quote:One-time engagement to formalize internal payment controls and approval matrix. | One-time deliverable. Produces a documented payment controls and authorization policy. |
Cross-Border Payment Coordination
On quote
Reason for quote:Complex multi-jurisdiction settlements requiring additional BOT documentation.
For layered intercompany flows or non-standard beneficiary structures.
Intercompany Payment Management
On quote
Reason for quote:Multi-entity Plizz Group or external parent-subsidiary structures.
Quoted by number of entities and payment frequency.
Treasury Policy Drafting
On quote
Reason for quote:One-time engagement to formalize internal payment controls and approval matrix.
One-time deliverable. Produces a documented payment controls and authorization policy.
Pricing Notes
- All Plizz fees exclude 7% VAT.
- Transaction count covers outgoing payments and intercompany transfers. Incoming receipts are not counted.
- Plizz prepares, schedules, and follows up on payments; client retains full signatory authority. Plizz never holds bank signatory rights.
- Bank transfer fees and FX conversion spreads are pass-through costs; AML / KYC documentation is included in standard scope.
Build your quote: Plizz confirms it within 1 business day
Estimate excludes 7% VAT and government fees. Plizz confirms your final quote within 1 business day.
Plizz compared with the alternatives
Why companies outsource treasury instead of adding it to someone's job
The real cost of treasury done on the side shows up in penalties, frozen accounts, and founder hours, not in a service fee.
| Dimension | Founder / office manager | In-house finance manager | Plizz |
|---|---|---|---|
| BOT FX documents | Often incomplete; banks hold transfers | Handled if trained | Prepared before every transfer, per BOT rules |
| Segregation of duties | None: the founder prepares and approves | Partial: depends on team size | Full: Plizz prepares, you approve and release |
| Payroll deadline buffer | Depends on who remembers | Yes, if the role is dedicated | 2-business-day buffer built into the schedule |
| Escalating bank issues | Retail channel, often several days | Direct contact, usually faster | Escalated by a team that deals with Thai banks every day |
| Regular payment pattern (AML) | Irregular; ad hoc payments can trigger bank alerts | Consistent | Consistent; a fixed payment calendar reduces bank alerts |
| Monthly cost | Hidden in other people's time | A full-time salary, often THB 50,000–100,000/month | Quoted on your volume of payments |
Who this is for
Who needs treasury management?
Outsourced treasury is likely a good fit if one of these situations sounds familiar.
- You are a foreign founder or expat-led SME without a Thai-speaking finance officer who knows each Thai bank's online platform, signatory rules, and cut-off times
- You make more than 10–15 outgoing payments a month, and the founder or finance manager spends 4–8 hours a week on payment admin
- You are the Thai subsidiary of a multinational group whose treasury policy requires segregation of duties, and your local team is too small to split the roles
- You have several bank accounts (THB operating, foreign currency, BOI project, parent company loan), and checking daily balances has become a job in itself
- You are preparing for fundraising, due diligence, or an audit, and need a documented payment trail that shows your internal controls
You probably do not need this service if:
- ·
You make fewer than five outgoing payments a month from a single bank account.
- ·
You already employ a treasurer or finance manager whose main job is cash and payments.
Combine with Bookkeeping
Clients who take both Bookkeeping and Treasury get one integrated report. Get a quote for both services together.
Get a quoteHow It Works
Our Process
A clear, structured approach from start to finish.
Onboarding
We review your payment process, get view-only bank access, document your approval rules, and run one payment cycle in parallel before go-live.
Daily monitoring
We collect payment requests and supporting documents from your team, track balances on every designated account, and flag upcoming due dates.
Weekly payment run
We prepare the payment schedule and transfer details, send the list for your approval, and coordinate domestic and international payments with your bank.
Vendor and intercompany follow-up
We follow up with vendors and service providers on payment status and coordinate intercompany payments where needed.
Monthly close
We reconcile payments against your bookkeeping records, send the payment summary and treasury report, and update next month's cash forecast.
What's Included
What the service includes
Six deliverables in every Plizz treasury engagement, on a daily, weekly, and monthly routine, without a full-time treasurer.
Payment scheduling
Weekly payment schedules built from due dates and your approval rules. Transfer details are sent to you for approval: Plizz prepares, you release.
Daily balance monitoring
Daily checks of every designated account (THB operating, foreign currency, BOI project, and intercompany), with upcoming due dates flagged early.
Bank of Thailand FX documents
Every foreign currency transfer abroad is prepared with the documents BOT rules require (invoice, contract, beneficiary details) before it reaches your bank.
Vendor follow-up
We follow up with vendors on payment status and escalate payment problems with the bank, so they are fixed quickly.
Intercompany payments
Intercompany payments within your group, documented so both the parent and the Thai subsidiary auditors are satisfied.
Monthly treasury reports
A payment summary and treasury report for management every month, with the cash flow forecast updated from actual payments.
Why Plizz
Why choose Plizz for treasury management
Plizz is the Thai member firm of DFK International, a global network of accounting and advisory firms in 85+ countries. It was founded in 2015 by two operating CFOs with more than 20 years of finance leadership in Southeast Asia.
DFK
International network
85+ countries
FAP
Federation of
Accounting Professions
BOT
FX rules applied
to every transfer
2015
Founded in Bangkok
10+ years in operation
Plizz prepares, you approve
Plizz never holds signatory rights on client accounts. We prepare, schedule, and follow up on every payment, and you release it. This segregation of duties satisfies auditors and reduces fraud risk.
Daily monitoring, weekly payment runs
Payment requests checked daily, payment schedules prepared weekly, and a treasury report for management every month: a full treasury routine without a full-time treasurer.
Bank of Thailand FX rules built in
Every foreign currency transfer abroad is prepared with the documents BOT rules require (invoice, contract, beneficiary details) before it reaches your bank, so transfers are not held for missing paperwork.
We know how Thai banks work
Our team deals with Bangkok Bank, Kasikornbank, SCB, and other Thai banks every week, so we know who to call and what they need when a payment gets stuck.
Common Questions
Frequently Asked Questions
Answers to the most common questions before and during engagement.
Explore More
Related Services
Treasury works best alongside bookkeeping and AP/AR, handled by one team.
Bookkeeping
Records every payment that treasury prepares. Bookkeeping and treasury together give you one set of reports.
Learn more
AP & AR Management
Tracks what you owe and what you are owed, and produces the approved bills that treasury pays.
Learn more
Financial Reporting
Monthly cash and KPI reports for management, built on the payment records treasury keeps.
Learn more
Insights
Guides on this topic
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Pay every vendor on time, without the bank admin
Quoted on your volume of payments. Plizz prepares every payment; you approve and release it.
No commitment · Reply within 1 business day