by Brian Weeks | Jul 21, 2022 | Replays, Webinars
Companies today are bracing for an era of increasing market uncertainty, interest rate and pricing fluctuations, and possible recession. In such times, forecasting needs to become a priority. How can proactive treasurers prepare and strengthen their cash forecasting practices for future unknowns? In this webinar, Strategic Treasurer and Trovata discuss leading practices for crafting a strong cash forecasting strategy and offer steps that you can take now to put your treasury team in an advantageous position to handle whatever turbulence lies ahead.
by Brian Weeks | Jul 14, 2022 | Webinars
Criminals are after your data and money. Constantly. They are increasingly more sophisticated and automated, and our response must be strengthened. This includes each area of exposure: technology, processes, structure, and people. Your firewall needs to be updated, but your human firewall(s) also need to be kept current. Security training for each payment professional on each payment process is a crucial part of your defense.
by Brian Weeks | Jul 7, 2022 | Replays, Webinars
All leading organizations manage working capital intentionally. This is often part of the overall liquidity management process. Given that this requires looking at many different systems, data points, and responsible leadership, gaining visibility and a unified look at an organization’s liquidity and working capital can be a challenge.
Priorities must come before proper action on working capital and liquidity management. Proper prioritization requires insights, and insights require visibility across cash, accounts receivable, inventory, and accounts payable.
This session will offer a macro view of improving working capital and liquidity management through comprehensive visibility, common goals, consistent metrics, and a unified approach.
CPE credits:
1. Examining the role that comprehensive visibility plays in improving working capital and liquidity management.
2. Understanding the importance of common goals and consistent metrics as they pertain to improving working capital and liquidity management.
3. How a unified approach helps achieve improved working capital and liquidity management.
Field: Finance – Technical
by Brian Weeks | Jun 14, 2022 | Replays, Webinars
Reflective of their name, faster payments are also creating rapid changes both in the payments arena and in the surrounding control requirements. While AR professionals are, as a whole, excited about the opportunities faster payments present, many also recognize some challenges and concerns, raising several questions: What are the different challenges these innovations pose? How will those challenges progress or shift over time? What changes are occurring with control requirements? And finally, given all of that, how can treasury and AR work together to optimize working capital and their overall processes and results in this new environment? This webinar will seek to answer these key questions, shedding light on both what is changing and how AR and treasury can move forward.
CPE credits:
1. Consider the different challenges posed by innovations in faster payments and how those challenges progress or shift over time.
2. Gain understanding on the changes occurring with control requirements.
3. Learn how treasury and AR can work together to optimize working capital and their overall processes and results in this new environment.
Field: Accounting – Technical
by Brian Weeks | Jun 7, 2022 | Replays, Webinars
Companies grow and change at different rates. During growth phases, companies can reach a number of transition points where the adoption of new processes is an absolute necessity. Treasury has to both rise and adapt to meet the evolving needs of the organization.
As a company scales, developments need to be made across a number of areas. These include 1) relationships, 2) structures, 3) technology, 4) staffing, and 5) processes. This session will explore how treasury professionals can recognize points of transformation and opportunities to benefit their organization.
Whether you are relatively new to treasury or a seasoned treasury veteran, this session will deepen your understanding of:
• Key indicators that drive transformation (complexity and size)
• How treasury processes need to shift as an organization scales
• Technology that supports visibility, efficiency, and control
• Measurements your team should consider for KPIs
• What your treasury department could and should look like
• Best practices that need to be considered
by Brian Weeks | Jun 6, 2022 | Webinars
Managing bank fees through active monitoring of your analysis statements is typically on the to-do list but it rarely gets checked off as complete. Perhaps you are putting out a myriad of fires and the idea of getting out a magnifying glass to manually dig into your bank invoices is less than appealing. Is that something your team should even be doing? In this session we will help you understand the practical, operational, and strategic elements of effectively managing bank relationships and handling the mundane and vital process of managing expenses. This session will include a brief case study covering a multi-national corporation’s review of global bank fees and strategic ongoing management of their bank relationships. Corporate practitioner takeaways will include: 1) ways to architect your bank fee management process and 2) benefits of bank fee analysis and benchmarking.
