As we shifted from the Covid cash boom of 2020 to an unprecedented monetary policy hiking cycle in 2022, into the recession watch of 2023, corporate treasury has shifted to reform and ultimately capturing yields. Throughout the volatility of the decade, treasurers navigated their ship in the challenging market by remaining proactive and adapting to the choppy waters. Please join Goldman Sachs as we explore our cash investing outlook for the 2nd half of 2023.

An acquisition can be disruptive to treasury teams that are not ready for the winding road that comes with any acquisition integration.
Topics to be covered relative to pre-acquisition and post-acquisition include cash visibility and control, financial risk management, operational risk management, technology integration, and bank relationship management.

Rapid technology changes challenge treasurers to keep their group current and performing well. This session will examine different mindsets in developing a nimble and forward-looking team.
How are the age cohorts working out? What are the risks and opportunities with each group?
What mix of skills does a modern treasury team need?
Why both development and new hiring must be considered carefully.
Exploring ways of attracting talent and developing skills you need for the future.

Treasury teams are struggling in today’s environment as they feel the squeeze of juggling multiple priorities among increased demands for more strategic and efficient decision making. This is where technology and banking integrations can help. We will explore CFOs’ and treasury teams’ top strategic priorities and review how modern connectivity channels are enabling corporates to execute on their digital transformation journey and take advantage of opportunities to optimize working capital.

“Up to 90% of CFOs and CIOs report payments and financial fraud attempts, and cyber threats are growing more complex with intelligent technology – making proactive fraud detection and response programs a top priority for CEOs and their boards.
In this session, we will outline strategies to actively defend financial workflows and data from fraud and cybercrime to maximize protection end-to-end.”

This session begins the coverage of the specific materials from ETM7. In this session, banks and financial institutions will be discussed, as well as how various payment systems (both U.S. and global) operate. The session ends with a detailed discussion of relationship management, vendor selection and the calculations involved in bank account analysis statements.

How risk events played out in 2022 gave much for corporates to consider when managing cross border liquidity, but it was not a challenge that could not have been foreseen. What should Treasury focus upon to prepare for the challenges, and opportunities 2023 will bring?

Treasury professionals continually strive to maintain balance of safety/liquidity/yield in their operating, core, and strategic cash portfolios. CFO’s are tasked with preserving and safely growing larger pools of cash, which inherently demands increased diversification at a time when investment options are seemingly limited or in many cases, are too similar in underlying securities to affect true diversification. Treasury professionals need options beyond The Big Three of money market funds, ECR/bank deposits, and U.S. Treasury obligations.

Every year, imposter fraud schemes like social engineering and identity theft are being used to steal billions of dollars from companies, and financial losses brought about by these types of scams continue to soar. This session will focus on what you need to know about imposter fraud scams. We’ll share ideas to help protect our organization maintain good cyber and risk hygiene and protect itself from these very real and potentially costly dangers.

Cyber insurance is designed to help offset financial liability of a cyber attack or data breach that compromises data and disrupts business systems. Join our conversation to learn more about benefits and potential pitfalls of cyber insurance coverage for your organization.

Fintech is changing treasury management by automating tasks, improving data analytics, increasing visibility and providing better security. In this presentation, Dan Carmody will discuss how treasury departments can take advantage of these fintech technologies to improve efficiency, decision-making, security and access to financing. Attendees will gain a better understanding of the potential benefits fintech and how it will influence treasury management.

This session will cover the basics of financial planning and analysis, as well as other key financial and accounting concepts. The standard financial statements (balance sheet, income statement and statement of cash flows) are outlined as well as the use of ratio analysis to determine the financial health of the company. The important ratios covered include those related to liquidity management, debt management/coverage and asset management. In addition to financial analysis, this session will discuss performance measures such as return on investment, residual income and Economic Value Added (EVA).

Learn about how bank balance sheets, capital requirements, liquidity, and other critical areas need to be considered moving forward.

Post-pandemic treasury leaders have emerged as strategic partners to their organizations, managing liquidity as a lever to drive financial growth and resilience. In this session, AFP Pinnacle Award Winner HCSC and Kyriba will discuss HCSC’s digital treasury transformation, how they quantified the value of their treasury, and how they rely on data to drive continual improvement in their financial operations.

This session will cover the basics of escheatment and the role that treasury play in helping companies stay in compliance with laws in 54 US jurisdictions. Attendees will increase their knowledge on reporting requirements, how to identify UP, how to minimize risk for enforcement action, and best practices for reducing exposure and cash outflow. We will also discuss trending issues in the enforcement area and state updates that attendees will want to share with management.

Treasury has been tasked with diving deep into the risk drivers of interest rates, currency, commodities, and credit. Geopolitics has taken center stage because of new disruptions to the supply chain vendor ecosystem. Treasury has a critical role in evaluating geopolitical risk on vendor viability, cash flow, and access to rare commodities for production. The session will aid Treasurers to evolve their risk assessment and understanding of the interdependencies with geopolitics.

While the simplest hedging practices are well understood and frequently used, Foreign Exchange (FX) risk can still be substantial. Understanding traditional FX hedging practices, as well as move advanced methods can be critical when mitigating risk. This session will explore the risks of hedging and not hedging FX exposures. It will cover traditional FX hedging practices with forward contracts as well as more advanced practices using derivatives.

This session covers both the basics and the metrics (calculations) used in the area of working capital management. These topics include cash conversion cycle, management of key working capital accounts (accounts receivable, inventory, accounts payable), and the investment and financing of working capital. The section on working capital metrics covers many of the important calculations used in the area, including days sales outstanding, aging schedules and payment pattern analysis.

The discussion will focus on two key trends in the liquidity investment space; opportunities to leverage technology advances to transform Treasury processes and socially responsible investing product innovations. Technology and digital advances have evolved to focus on information and intelligence rather than delivery and this can benefit treasury processes. The various products to help Corporate Treaurers align their short- term investments with their organization’s overall socially conscious goals and objectives will be reviewed.

Establishing a framework around your cash allocation is a critical first step in determine how much risk you are willing to take vs. the return generated. Our discussion will focus on the various structural, cyclical and tactical factors that play a part in the allocation. How do these inputs influence and challenge our discission making.

Targeted to companies with U.S.-Canada operations, we will provide an overview of the Canadian banking industry and how to effectively manage U.S.-Canada treasury operations and working capital management. In this session, we will provide an update on the Canadian banking system, competitive landscape, key differences between U.S. and Canada in areas of payment processing, clearing practices and rules and regulations, and fraud prevention.

There’s no snooze button on things that keep CFOs up at night. With a growing business, uncertain recession-led economy, and seasoned, outdated finance systems—2023 will be a rollercoaster ride.Finance leaders need to vouch for options to help achieve tighter cash flow control and stay on top of working capital trends. According to the latest McKinsey Global Survey on the role of the CFO, finance professionals are deeply involved in determining how businesses adapt to trends—particularly in those places where digital and finance intersect.

Join Siddharth Subramani, Director – Solution Engineering, HighRadius, to discover how moving away from traditional B2B software dependency and giving a green light to Autonomous Finance solutions could be a critical differentiator to enhance strategy and reach peak performance (plus help you get a good night’s sleep)!

Understand how your organization can take an active interest in the financial well-being of its employees. Changes in talent demographics, working arrangements and technology are impacting how employees need and want to be paid. Are you prepared to meet these shifts? In this session, we’ll guide you through the latest trends and tools, and help you prepare your organization to embrace the future of pay. Learn how your organization can meet the evolving needs of today’s workforce and help your employees get the most out of their pay.

This session will involve an overview of CTP math. It will not be the first time that formulas and calculations are introduced. Any math associated with the relevant topics covered in the earlier sessions will have already been discussed in context. The difference is that this session will focus on the more challenging formulas and calculations found throughout ETM7. Along with math tips and techniques for all CTP candidates, the instructors will specifically address overcoming the “fear factor” for those CTP candidates who have had very little exposure to financial mathematics or for whom it has been decades since they last took a college course involving financial formulas and calculations.

Digital currencies represent an asset class. Should that asset class be considered for a place on your balance sheet? Does your position change if the US introduces a Central Bank Digital Currency? This session will provide a foundation of understanding of digital currencies and give a framework for thinking about how they fit for your business.

Learn about the latest initiatives in Treasury to enhance performance, efficiency and controls. How Baxter transformed their Treasury group and what other companies are following this path. The session will cover best practices around People, Processes and Technology in the key areas of Treasury: Liquidity Management, Payments, Banking Relationship Management and Risk Management.

Despite being the most important function for treasurers, traditional Cash Forecasting delivers inaccurate and unreliable results even in the short term, rendering them unsuitable for decision-making at an executive level. In addition to unreliability, the process is highly inefficient by spending time compiling the forecast, leaving little to no time for variance analysis and accuracy improvement.

Join Kelly Grieshop, Director of Finance at Employer Flexible, to learn how to develop a cash forecasting method that would enable your organization to meet future obligations and better prepare them for growth, whether through acquisition or organically, by leveraging AI-driven cash forecasting insights.

The finance landscape is evolving rapidly. This session will explore technological advancements such as application programming interfaces (APIs), artificial intelligence (AI), and robotic process automation (RPA), and how they’re changing the way business is conducted. We will describe specific ways practitioners and financial institutions alike are leveraging new tools to build efficiencies, reduce costs, and increase the speed of payables evolution.

In recent years, there has been an explosion of payment choices available including the addition of Same Day ACH, RTP, Zelle, and FedNow is just round the corner. So how does a business navigate this myriad of new and traditional choices, let alone every time they send a payment file to their bank? The answer: Intelligent Routing.

The session provides a general overview of risk management in treasury, including concepts such as financial risk, operational risk and enterprise risk management. The session concludes with coverage of the use of financial derivatives such as forwards, futures, options and swaps in the area of financial risk management. The focus is on how companies use these instruments to hedge their exposures in various areas and markets. This session also provides with a detailed discussion of cash forecasting, focusing on the calculations involved in this area, including the receipts and disbursements forecast.

DEI, ESG, SRI? It’s a veritable alphabet soup of acronyms that treasurers have to wade through in the investment landscape. Are investors jumping on the bandwagon, bailing out, or something in between? Join us as we make sense of these offerings and if your organization should consider them for your cash investments. We’ll also discuss risk considerations, how to best gain exposure to these investments, and the best way to implementing them.

Partner ecosystems are more important than ever. Join BMO and experts from innovation hub 1871 to discuss how a well curated partnership ecosystem can fuel innovation, drive alignment across multiple business objectives and provide leverage to grow without increasing demands on current teams. We will discuss key trends in financial technology (fintech) partnerships, models to manage them and how to be deliberate and ensure your ecosystems bring strength in their diversity.

You are hearing a lot about ISO 20022 and its adoption, as well as how companies are streamlining their business operations and achieving cost savings to their bottom line. Are you wondering if this can apply to your business? Hear how Nordson, multinational corporation that designs and manufactures dispensing equipment for consumer and industrial adhesives, got started and where they’ve taken it too.

The focus will be on commercial property and liability lines including executive, cyber, international. The insurance industry continues to experience a hard market with rising rates in several lines- come learn what is driving the increased premiums and what you and your firm can do to obtain best results defined as reduced premiums and mitigated risks.
We will review alternative risk transfer options such as captives, parametric and multiline multiyear arrangements. The session is meant to be interactive so come prepared with questions.

Take the guess work out of fraud prevention. Through real examples of fraud, learn where fraudsters typically compromise your AP, how to mitigate those risks, and what your solutions should include to protect your business.

This session provides a review of the basic cash management topics of collections, concentration and disbursement of funds. This session includes coverage of Lockboxes and other collection methods, minimum transfer calculation for funds concentration and bank disbursement accounts and products.

Cash forecasting is a consistent priority for corporate treasury teams. The need to automate processes, aggregate information across businesses, and measure forecasting performance by entity is important. But without collaboration on standard processes, reporting needs and the use of historical insights to make strategic decisions, treasury teams struggle with what to do with forecast output. This session discusses ways for global treasury teams to work together to make their forecasting process better while leveraging technology.

Business and consumer expectations are changing when it comes to payments. This session will explain how innovative technologies are altering the receivables process and the potential impact on payment experience for customers, employees, and other stakeholders. Attendees will learn about innovative receivables processing tools and strategies and how they can better meet the expectations of payers. This session will also help attendees anticipate future payment innovations and prepare their businesses for successful transformation.

Leaders and Teams are navigating MASSIVE change.
– Increased workload
– Leaders falling sick or lashing out with stress and anxiety
– Team Communicate Ineffectively.

Mistakes are bound to happen. How are Leaders Bouncing Back from a Big OOPs?
Learn 5 Strategies to reclaim creativity, innovation and team cohesion after setbacks with Mental Fitness.
Go beyond the 200 wellness apps, Insightful Trainings and Temporary Motivational Keynotes to experience a true SHIFT in your Organization’s Culture.

Data has created a series of escalating explosions, with a doubling every two years. How can treasury understand this? What needs to be done to manage it? How can this data be leveraged within your core systems and through the use of BI tools, data lakes, and ML/AI? Discussion will include causes of data growth, the opportunity for managing data, and developing a data mindset.

Economic and geopolitical uncertainty is at an all time high. Every organization talks about forecasting more effectively, but few allocate sufficient people, time, and technology to build an effective program. More importantly, CFOs are asking their Treasury leaders to deliver decision support and analytics about free cash flow. Understanding the importance of an accurate, reliable cash forecast for key financial decisions is critical to making the right investments in forecasting.
Forecasting has changed. There are many reasons to forecast in 2023, such as protecting against currency volatility, managing expectations for debt and investments, tackling high interest rate challenges. And, there are a few key areas that should be addressed to help CFOs and treasurers further make the connection between accurate cash forecasting and bottom-line financial performance. This session will focus on the business impact of the cash forecast and the potentially negative implications of not aligning to modern best practices.”

This session will demonstrate methods used by test-makers to reverse equations. This does not apply to all formulas; however, it does apply to formulas that can be expressed algebraically. In addition, the instructors will demonstrate math shortcuts that will enable candidates to logically eliminate some of the answers on a math problem or to derive the answer without having to go through all of the steps. We will briefly discuss the materials from ETM7 that are NOT covered in these sessions, but which ARE covered in the supplemental handouts and on-line course materials.