Preview AFP 2020 Education Sessions
Navigating Post-Brexit Europe with the Best Liquidity Structure
With the state of today’s fluid geo-political environment, ever evolving regulatory landscape, and market uncertainties, Treasurers must maintain visibility and control of global funds to optimize usage for better deployment. In this session a panel shares their journey towards centralization, along with the key impacts their efforts had on their organizations. Learn how the flexibility of choosing either a single entity with inter-company cash management, or a multi-entity notional pool, facilitates both centralization and optimum funding. Participants also gain insight into the ever-shifting trends in the European payments landscape.
Taming the Unicorn: Building a Robust Treasury within a High Growth Company
All Treasury departments face challenges that are more amplified for Treasurers in high growth companies Treasurers must manage these challenges early on, and often with a budget that may not be growing at the same pace as the organization. In this session Treasurers from a leader in RPA and a hospitality innovator discuss strategies for keeping up with rapid growth, the infusion of large funding, and changing needs as the number of suppliers, customers, and employees expand both domestically and globally. Gain insights on how to develop the optimal capital structure to enable continued growth.
The Internet of Things in Treasury Operations
Is the Internet of Things (IoT) the next big thing in financial services? Digital transformation is impacting nearly every industry, bringing new challenges and opportunities to every aspect of business. Innovative technologies such as IoT, and the data produced, are opening the door to exciting new possibilities for treasury organizations. In this session, a panel of practitioners and banking experts discuss how the integration of data analytics, AI, and machine learning is poised to bring about next-generation treasury capabilities. This session provides you with a greater understanding of these emerging technologies and how your treasury operations can benefit from the data that is made available.
This is your one-stop shop for all things Payments. Find sessions, speakers and networking in this central location. Sponsored by Bellin, Fiserv, and Nacha
Harnessing Payments Data to Gain Powerful Insights
Card payments are rich with valuable data waiting to be harnessed. However, most data available from processors is complex and can pose a challenge when trying to extract meaningful insights. This session demonstrates how merchants are leveraging big data strategies to consume, normalize, and find meaningful value in their payments data. Come away with areas to explore and analyze with payments data, in order to gain customer insights, evaluate alternative payments, improve operational efficiencies, and reduce cost.
When Basic Isn’t So Simple: Managing the Hidden Challenges of Large-Scale Payment Platform Migration
One of the world’s largest providers of government services recently decided to switch to a new payment platform provider. The solution was clear-cut with a smooth transition that met the needs of government programs and required deadlines. However, as the migration got underway, new costs were introduced leading to challenges that threatened the obligations made to clients. Panelists discuss their journey to implement a new billing and payment platform, highlighting the hidden challenges, the lessons learned, and the successes achieved with the support of banking and technology partners.
The continued growth in the use of faster payments technology is validated by Nacha’s reporting of over 66 million Same Day ACH payments in Q3 2019, a 54% jump from the previous year. As The Clearing House gains traction with real-time payments and as the Federal Reserve’s FedNowSM is added to the mix, it’s clear that faster payments is moving from concept to reality. And, as these and other faster payment options come online, demand is shifting from interest to expectation. Hear from a panel of industry experts on what corporates need to know to successfully incorporate faster payments technologies into their operations.
Financial Planning & Analysis
Transforming Finance to a Business Partner
FP&A Professionals are being called upon to provide more support in strategic decision-making within their organizations from the lens of a business partner. Hear from the finance team at a multinational consumer goods company, that was called upon by their business stakeholders to provide more value-added insights. Learn about their 5-step transformation journey to becoming an engaged business partner, including how to build and strengthen relationships with stakeholders, as well as how to turn data into insights.
There are a wide variety of Budgeting methodologies (Bottoms Up, Tops Down, Zero-Based, Predictive Modeling, etc.) available to the modern FP&A professional. However, is there really a best practice? Adaptive Budgeting takes a "best-fit" approach, synchronizing the effort with the risk, and utilizes technology to speed up the process. In this session, learn how to stratify line items by importance and match to an appropriate budgeting method, as well as how to utilize canned predictive modeling tools to reach baseline assumptions.
Advanced Dynamic Financial Modeling
Despite increasing efforts to move planning and modeling efforts away from Microsoft Excel, more than 40% of companies admit that spreadsheet software remains one of their core tools for forecasting. In this session, an FP&A trainer covers methods of dynamic forecasting to save time, eliminate mistakes, and reduce rework. Facilitated in Excel, this interactive session takes attendees through an actual company model and transition into a dynamic format, allowing the model to self-update with minimal human involvement. Learn not only the mechanics of modeling, but also how to become an indispensable asset to your organization.
Gladiator Global Community Cyber Exercise
Cybersecurity risks impact various individuals within an organization, including Treasury and Finance practitioners. Since these practitioners are directly responsible for overseeing the organization’s finances, they need to be aware of and involved in the organization’s preparation and response to an attack. This session provides participants with an interactive exercise that navigates a real-world cyber-attack scenario. Move through the major milestones associated with a cyber incident, from detection to resolution in order to gain a better understanding of the decisions and interactions associated with an incident.
Three Distinct Views of Intercompany FX Operations: A Practitioner Deep Dive
Global business may be a boon to many multinational corporations, but managing intricate intercompany relationships, handling large volumes of monthly invoices using fragmented settlement methods, and increasing transparency around FX rate risk presents significant challenges for Treasury professionals. In this panel discussion, practitioners share their unique perspectives overcoming netting hurdles. Take an in-depth look at the implementation of an inter-company FX solution, as well as the execution and reconciliation processes that are involved in achieving operational efficiency. Learn how practitioners can reduce operational risk, increase invoice automation, improve cash flow and FX rate transparency, and lower financial risk.
Hedging Future Cash Flows in an Uncertain Interest Rate Environment
In this uncertain interest rate environment, companies of all sizes have exposure to interest rate fluctuation. From a future bond issuance to fixing cash flows on a bank loan, hedging with interest rate swaps can lock in a degree of certainty. However, managing interest rate risk using derivative contracts can be complex as there are accounting, economics, regulatory and operational factors to consider. In this session, learn about using rate swaps as a key alternative and tool to manage interest rate exposure that for both large and small companies.
Capital Markets & Investments
Managing the Hidden Risks in Cash Portfolios
Monitoring interest rate trends and following traditional best practices in credit and risk management are necessary but no longer sufficient. In today’s dynamic corporate cash management environment treasury professionals must also prepare for hidden risks. In this session arm yourself with actionable information on how to plan for and manage emerging risks in the new cash management landscape. Real-world examples from Capital Advisors Group, Regeneron Pharmaceuticals, Toyota Financial Services, and American Honda Motor Company help attendees understand where to look for hidden risks and how to manage them.
Opportunities for Downside Protection in Corporate Cash Portfolios During Late Stages of the Economic Cycle
Many corporate Treasury programs focus on Treasury, agency, and investment grade corporate credit securities. But as this economic expansion continues to set longevity records, there are risks that can be managed by adding new investment grade sectors that are historically less volatile during economic downturns. In this session, two corporate Treasurers discuss strategies for diversifying and protecting corporate operating funds at this stage of the economic cycle. Learn strategies for managing cash funds in a high growth, cashflow positive technology company, best practices and governance related to changing guidelines, and managing through stringent SEC regulations.
Change the Status Quo: Re-Think Your Credit Facility Size
Refinancing your credit facility can be a burdensome process for any treasury department. As a result, there is more priority placed on building a hefty rainy-day fund and less emphasis on the size of the revolver and bank group size. Evaluating data from over 10 years to assess its credit facility, Kansas City Southern (KCS) decreased their facility by 25% and saved $1.5 million. Through KCS’s process, learn how your company can test its credit facility size while trimming your bank group without burning any bridges.
Herding Cats and Other Useful Skills for Project Management
Project Management is sometimes described as “Herding Cats”. Balancing multiple priorities and personnel requires skill and can make or break the success of a project. This session covers the basic concepts of Project Management, including how to measure success from start to finish, and how to define expected outcomes at the end of a project. Come away feeling confident that you understand how to avoid common costly errors, and how to contribute to the success of a project.
Performing on the Corporate Stage: Winning Presentation Strategies for Finance Professionals
Many FP&A professionals do not communicate effectively. They overwhelm their audience with complex content, leaving them confused. The ability to connect with your audience is vital to the success of both the practitioner and organization. In this session, listen to an FP&A practitioner present both subtle and not-so-subtle ways to captivate audiences and inspire them to act. Learn a variety of communication techniques to help you better create engaging presentations, stay focused, and have a lasting impact on your audience.
Communicating Effectively in the Age of Disruption
The ability to communicate effectively consistently ranks as one of the most desired skills within today’s work environment. And yet, this is a skill that many individuals within the finance world are lacking. With many jobs being replaced by AI and RPA, soft skills such as effective communication are more important than ever. This interactive session takes you through specific exercises while providing coaching along the way. Participants have the opportunity to learn a concept, apply it, and receive immediate feedback on how well the skill was implemented, as well as receive suggestions for improvement.