Sessions that Prepare You to Adapt and Evolve
Treasurers Harmonization Panel: A coordinated approach to working capital optimization
Treasury is increasingly becoming the financial nerve center of the organization, using its centralized vantage point to gain visibility over all cashflows to better manage liquidity and mitigate risk. In order to optimize working capital, treasury must take a coordinated approach, working closely with AR and AP to deploy and integrate technology, while establishing streamlined processes. In this session, a cross-functional panel of senior working capital examine a coordinated approach to working capital optimization and what they’ve learned implementing the latest technologies to create a stronger, more unified working capital operation.
How to Gauge the Health of Your Treasury
All corporate treasury teams are pressured to adapt to technology changes and volatile financial markets while managing financial risk, reducing borrowing costs, and ensuring proper controls are in place. A treasury Health Check is an opportunity to take a step back, gauge where your organization is, and consider revisions to your daily norm – giving you an idea of which areas to concentrate on improving. During this session, a panel of industry experts walk you through the real-life experiences and challenges they have encountered, and practical approaches to discovering best practices for your company.^Top
How We Tripled Our Electronic Cash Application Hit Rate and Decreased Costs
While the trend of converting paper to electronic is improving, electronic receipts present many challenges associated with applying cash efficiently. Electronic receipts can cost more to process and dramatically increase DSO. International Paper shares their tactics for transforming a 27% hit rate on electronic cash application to over 70%. This session explores the considerations and steps needed to achieve maximum results including vendor selection, scoping, data mining, IT involvement, project management and remitter outreach. Attendees walk away with practical steps to improve DSO and reduce costs.
Challenges Businesses Are Facing In Real Time Consumer Payments
From Venmo to Zelle, consumers are finding ways to send payments to one another with ease. Similarly, consumers now expect businesses to pay them with ease and convenience. Historically, businesses have relied on using paper checks to make payments to consumers. While some businesses progressed from this by adopting ACH and wire transfers, they continue to face various challenges. This session examines payment technologies that allow businesses to disburse payments directly to consumer bank accounts. Focusing on Push-to-Card and Real-time Payments technologies, panelists address the issue of consumer account lookup in a universal federated directory.
The Impact of Technology on the Receivables Journey
As treasury technologies emerge, corporates of all size and industries are under pressure to implement new innovations around receivables, while maximizing the efficiency of legacy processes. Treasury experts from Western Union, Alliance Data Systems, and Cintas discuss their unique receivables hurdles and their journey to overcome those challenges. Panelists share insights into leveraging technology innovations, such as artificial intelligence and machine learning, to auto match receivables data to payments in order to achieve greater receivables efficiency and apply cash faster. Discussion includes managing receivables around cross-border transactions and facilitating the transition away from manual lockbox services.^Top
The Technology Buffet: Have Your Cake and Integrate it Too
One of the key functions in treasury is managing foreign currency risk. Until recently, exposure gathering, trading, hedge accounting, and reporting have been cobbled together through either a manual process or through all-in-one solutions which tend to have limited flexibility and significant switching costs. Today’s technologies allow companies to easily integrate best-of-breed solutions into an overall digital ecosystem. In this session, find out how companies utilize API technology to manage their global hedge programs. Learn how to decrease low-value activities and boost analysis and business decision making for your team.^Top
Capital Markets & Investments
Achieving Real-Time Visibility of Global Cash and Investments Through Automation
On any given day, if someone asked you “how much money do we have a where is it?”, how long would it take to have a comprehensive and accurate answer? Corporations hold cash & investments in many entities and currencies around the world, and information about these positions is held in disparate systems, which can make answering this question difficult. This session explores Salesforce’s journey to achieving real-time visibility of global liquidity for key stakeholders by building automated connections between multiple systems, while utilizing robotic process automation.
BBB or Not BBB, That is the Question...and Other Investment Policy Predicaments
The definitive Shakespearean soliloquy on life and death is transmuted into a slightly less morbid yet deeply profound question for corporate cash investors: should BBB investments exist in a corporate cash portfolio? With more than 50% of S&P 500 companies rated BBB or lower, corporate investors need to understand the implications of excluding BBB-rated investments from their investment policies. Hear from three market participants: a strategist, a specialist, and a generalist, in a session designed to ensure attendees can navigate this critical investment decision.^Top
Financial Planning & Analysis
Transforming Finance from controlling to FBP
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.^Top