by Brian Weeks | Jul 26, 2023 | Replays, Webinars
This webinar will discuss the results of the 2023 Treasury Technology Survey. This survey gathered detailed data on practitioner’s use, plans, perspectives, and experiences with treasury management systems and other forms of treasury technology. Results showed what is important to treasury practitioners in their technology, which technology types are rapidly becoming standard and which are holding steady, and what treasury departments are looking for in technology partners. In the midst of a rapidly changing environment, these findings indicate the current trends and adoption rates, helping treasury make strategic decisions.
by Brian Weeks | Jul 18, 2023 | Replays, Webinars
In the rapidly evolving world of B2B payments, mastering effective expense management is essential for organizational success. This webinar delves into the far-reaching consequences of both ineffective and effective expense management in various critical areas, including scalable growth, optimized liquidity and working capital, strong relationship management, and comprehensive security and control measures. Join us as we explore the substantial costs and challenges that arise from inadequate expense management, and uncover proven strategies for implementing streamlined processes within modern accounts payable departments.
by Brian Weeks | Jul 6, 2023 | Replays, Webinars
The ongoing attack methods targeting companies’ information and payments has scaled heavily over time. The uses of technology, including generative AI to help create deep fakes, spoofing, and compromising, have been challenging AP and treasury groups heavily, and this technology is enhancing the criminal playbook. This discussion will dig into some payment channel differences, including checks, virtual cards, ACH, and wires, and the steps you can take to make your payments more secure.
by Brian Weeks | Jun 21, 2023 | Replays, Webinars
Breaking a budget is a ditch on one side of the road. This impacts overall financial performance and impairs accurate forecasting. Poor procurement processes contribute to this process. Adding compensating and manual controls (i.e., manual purchase orders) is used to control the spend, but it can act as a ditch on the other side of the road, as manual processes cost time, impair efficiency, and lead to errors. This session will cover the direct and cascading value (to performance, cashflow, quality, and cost) for organizations that deploy electronic purchase order processes.
by Brian Weeks | May 22, 2023 | Replays, Webinars
A formal assessment of a company’s payment processes typically reveals 50-100% more payment processes than they believed they had. Every payment flow is a point of security exposure, and it is difficult to protect what you don’t know exists. This webinar will discuss the principles of a payment assessment, offering practical insights and leading practices for completing a thorough inventory, formally documenting it for institutional knowledge, assessing controls and types of payment flows, and examining your organization’s overall situation with regards to payments.
by Brian Weeks | May 22, 2023 | Replays, Webinars
Securing inbound payments and outbound payments continues to be top of mind for many companies. The risks of fraud and data breaches are at elevated levels and continue to rise. In 2022, 65% of financial professionals reported they were victims of either attempted or actual fraud. Fraud considerations on the receivables side are too often ignored or minimized. Securing inbound payments is vital.
This session will explore how you can assess the security processes and standards for payments flowing in through your lockboxes (paper and electronic). What are the common issues that create problems? How can these issues be controlled or mitigated? New security standards are needed to provide reasonable care and control over your inbound payments.
In this webinar, you’ll learn:
-Top considerations to keep in mind when designing an inbound payment process and evaluating services.
-Security questions to know and answers that are required.
