Innovators in Finance: From Reactive to Predictive Treasury
5/22/18 • 3:40-4:30pm • Room 327 • Audience: Advanced
Cloud computing, artificial intelligence, and big data are changing the treasury function, often in ways we hadn’t expected. Modern treasury teams are able to use data insights to look forward rather than backward, predicting trends, improving forecasting and being better prepared for change. This session draws on the experience of corporate treasurers to offer a template for the modern, data-driven treasury, and examines how the bank of the future will need to adapt to serve their needs.
Payment Networks – What are They and Should You Consider One?
5/23/2018 • 9:30 AM-10:20 AM • Room 202 • Audience: Advanced
The average paper check transaction costs over $7 which is 60% / 80% higher than ACH / purchasing card payments. In addition to increased costs, according to the Association for Financial Professionals there are 10 times as many fraud incidents involving paper checks than ACH and wire transactions combines and twice as many fraud incidents as purchasing cards. Payment networks make it easier to migrate to electronic payments and address the traditional migration obstacles.
Account Analyses: Starting Point for Good Bank Management
5/23/2018 • 4:00 PM-4:50 PM• Room 327 • Audience: Intermediate
Analyzing your account analyses is as important and pesky as ever. Statements stretch dozens, sometimes hundreds, of pages sometimes defying comprehension. Plus, complex or fragmented banking relationships, caused by acquisitions or simple oversight, result in excess costs, poor use of funds, ineffective services, fraud exposure and weak balance management. We’ll provide tactical and strategic insights for more effective bank relationship management by examining account structure, and wallet allocation (balances, services, credit) by analyzing bank spend.
Seven Steps for Mastering Cash Flow Planning
5/24/2018 • 9:30 AM-10:20 AM • Room 207 • Audience: Intermediate
Companies today are especially strapped for time and resources, making it more important than ever for teams to manage cash flow effectively. Without ample cash on hand, companies risk both higher interest rates and an inability to meet business obligations or make timely investments. In this session, attendees will learn an actionable seven step process to plan cash flow, respond to business changes quickly and ensure efficient and successful business operations. of corporate treasurers to offer a template for the modern, data-driven treasury, and examines how the bank of the future will need to adapt to serve their needs.