The Treasury Update Podcast
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Learning from Financial Fraud
Becoming a Treasurer Series
Coffee Break Sessions
122: What Are Floating Rates?
In this episode, Craig Jeffery explains floating interest rates — what they are, the factors that influence them, and how they compare to fixed rates. Listen in to learn more.
#332 – Making Payments Intelligent: The Paradigm Shift (Deluxe)
In this episode, Craig Jeffery, Managing Partner of Strategic Treasurer, and John Rubinetti, President, B2B Payments at Deluxe, discuss the evolution of payments modernization. They explore how banks are shifting from isolated automation to end-to-end solutions, prioritizing data insights, speed, and collaboration. Listen in to learn more.
#331 – Generative AI’s Impact on Treasury: Workplace, Cashflow Forecasting, and Cybersecurity
In this episode, Craig Jeffery and Royston Da Costa explore the impact of generative AI in the workplace, with a focus on large language models (LLMs) and tools like ChatGPT. They discuss how AI is transforming cashflow forecasting, enhancing cybersecurity, and strengthening risk management. Listen in to learn more.
121: What Is OCI?
In this episode, Craig Jeffery breaks down OCI — what it stands for, how it differs from net income, and why it’s crucial for treasurers. Listen in to understand the impact of OCI on financial strategy.
#330 – Managing Geopolitical Risks in Treasury (ION)
In this episode, Craig Jeffery of Strategic Treasurer and Sourabh Verma of ION Treasury discuss the critical role of geopolitical risk management in treasury. They explore the impact of major geopolitical events like elections, military conflicts, and trade agreements on financial operations and risk exposure. Listen in to learn more.
#329 – Short-Term Investing Series by Federated Hermes – Part 4: Election and Fed Actions: The Interaction of Fiscal and Monetary Policy
In this episode of the Short-Term Investing Series with Federated Hermes on the Treasury Update Podcast, experts from Federated Hermes, Sue Hill, John Mosko and Steve Chiavarone, join Craig Jeffery to discuss the intersection of fiscal and monetary policy amid recent Fed rate cuts and the impending elections. They explore how the Fed’s adjustments to interest rates and possible election outcomes could shape market expectations, inflation, and policy changes.
#328 – What’s Happening at AFP 2024?
Join us as we gear up for AFP 2024 in Nashville! Hear from Jonathan, Craig, and Ky as they share what’s in store for this year’s event. They discuss key takeaways to look for at AFP, including payment growth, fraud prevention, AI, and networking tips for making the most of the event.
Get ready to connect, learn, and engage at AFP 2024. We hope to see you in Nashville!
120: What Is RAROC?
In this episode, Craig Jeffery explains RAROC — what it stands for, how it’s calculated, and why it’s important for banks and financial institutions. Listen in to learn more.
#327 – SEPA Instant Payments
In this episode, Craig Jeffery and Kate Pohl discuss instant payments in Europe, covering the benefits, challenges, and key questions around these rapid transfers. They explore legal adjustments, bulk payments, FX handling, and the future of instant payments.
#326 – Surety for Treasurers (Rosenberg & Parker)
In this episode, Craig Jeffery and Jack Rosenberg discuss surety for treasurers, highlighting its difference from insurance and its key use cases. They cover the challenges surety helps solve, its evolution, and why it’s more relevant for treasurers today. The conversation also touches on practical examples and its growing importance in various sectors. Listen in to learn more.
119: What Are Surety Bonds?
In today’s episode, we’ll hear from Jack Rosenberg of Rosenberg & Parker on surety bonds. What are they, and are they like insurance? Who are the involved parties, and what are the most common use cases? Tune in to find out.
#325 – Blockchain – The Great Hope for KYC with Royston Da Costa
In this episode, Craig Jeffery and Royston Da Costa discuss blockchain’s potential for revolutionizing KYC. They cover its benefits, limitations, and how it could enhance transparency. Craig reviews past tech predictions, and Royston shares his outlook on when blockchain might fully deliver on its promise, along with real-world examples.
#324 – What Can Corporate Treasury Learn from the Euro Banking Association?
In this episode, Craig Jeffery and Kate Pohl explore the role of the Euro Banking Association (EBA) and what corporate treasury can learn from it. They discuss EBA’s functions and its impact on the banking industry. Kate also shares how corporations in North America can engage with the EBA and benefit from its resources.
118: What Is a Pentest?
In today’s episode, we’ll hear from Craig Jeffery on pentests. What are they, who performs them, and why are they vital for cyber security? Listen in to learn more.
#323 – Exploring Generative AI, ML, and RPA in Treasury with Royston Da Costa
In this episode, Craig Jeffery and Royston Da Costa discuss how generative AI, machine learning (ML), and robotic process automation (RPA) are transforming treasury functions. They provide real-world examples of current applications, discuss expected trends for the next 2-3 years, and explore emerging technologies like ChatGPT, Microsoft Copilot, and augmented reality. Listen in to learn more.
#322 – The Future of Payments: Navigating Change Management with Deluxe
In this episode, Craig Jeffery, Managing Partner of Strategic Treasurer, and Susan Nichols, VP, Payments Product and Business Management at Deluxe, explore effective change management for digital payments. They discuss balancing technology upgrades with managing internal and external changes, securing executive buy-in, and integrating digital solutions smoothly. Listen in to learn more.
117: What Is a Payment Security Assessment?
In today’s episode, we’ll hear from Craig Jeffery about payment security assessments—what they are, who conducts them, and why they are crucial for your business. Listen in to learn more.
#321 – Counterparty Risk & Financial Risk Management: Lack of Formality a Threat to Treasury
In this episode, Craig Jeffery and Paul Galloway discuss the critical but often overlooked issue of counterparty risk in treasury operations. They explore common risk scenarios, why they matter, and how companies manage–or neglect–this risk. Listen in to learn more.
#320 – Exploring the Efficient Frontier: Cash Investment Strategies
In this episode, Craig Jeffery and Paul Galloway discuss the “efficient frontier.” They explore risks, rewards, and trade-offs between options like money market funds, ECR, and IDA/ICA. They also talk about liquidity needs and capital access. Listen in to learn more.
#319 – Learning from Financial Fraud Series Episode 13: Constant Fraud Attempts Across Multiple Payment Rails
Welcome to another episode of our Learning from Financial Fraud Series. In this thirteenth episode, Craig Jeffery, Managing Partner at Strategic Treasurer, shares insights into a major fraud case targeting a global non-profit. The organization faced multiple sophisticated attacks across multiple payment channels. Listen in as Craig walks us through the attack method, the loss, and the key takeaways.
116: What Is Automated Financial Reporting?
In today’s episode, we’ll hear from Paul Galloway on automated financial reporting. What tools are used, and how do we ensure accuracy and security? Are there regulations to consider? Listen in to learn more.
#318 – Architecting a Leading Treasury Group with Ron Chakravarti
In today’s podcast, Ron Chakravarti from Citi discusses the Citi Treasury Diagnostic and what defines a leading treasury. Ron also shares insights on creating a top-tier treasury environment, emphasizing the importance of secure funding, compliance, risk management, and operational excellence. Listen in to learn more.
#317 – Thinking About the Future: Structure Your Thinking
In today’s episode, Craig Jeffery, Managing Partner of Strategic Treasurer, emphasizes the importance of a future-focused mindset. He discusses the shift from batch to streaming, the roles of SaaS and PaaS, the importance of speed, and the value of continual learning and data. Listen in to learn more.
115: What Is Natural Language Processing?
In today’s episode, we’ll hear from Paul Galloway on natural language processing. What is it, and how does it differ from machine learning? How is it used in finance and fraud detection? Tune in to find out.
#316 – Partnering on Fraud – Moving Beyond Education to Recovery (The Hartsema Group)
In today’s podcast, Doug Hartsema from The Hartsema Group shares insights into the critical issue of fraud in banking and payments. He explores why fraud is such a dominant topic and the differences in handling private versus public funds. Doug shares insights on the importance of transparency, collaboration between banks and companies, and effective solutions for payment security. Listen in to learn more.
#315 – Unfiltered Feedback – Getting the Information You Need (The Hartsema Group)
In today’s episode of the Treasury Update Podcast, Doug Hartsema from The Hartsema Group discusses the importance of unfiltered feedback for banks and payment firms. He explains how transforming customers into advisors can have a significant impact and highlights the critical differences between customer and advisor voices. He also reads through examples of key customer quotes and discusses their meanings.
114: What are Anomaly Detection Systems?
In today’s episode, we’ll hear from Paul Galloway on anomaly detection systems. What are they, and how are they used in treasury and finance? Tune in to find out.
#314 – Why Isn’t There a Common Treasury Career Path? (Austin Industries)
In today’s podcast, Karyn Brown from Austin Industries joins us to share her thoughts on why there isn’t a standard career path for treasurers. Craig Jeffery and Karyn also discuss the varied paths to becoming a treasurer, the implications of this diversity, and the current hiring environment. Listen in to learn more.
#313 – Real-Time Everything: Use of APIs and a Vision of the Future with David Miller (Hunt)
In today’s podcast, David Miller from Hunt Companies joins us to discuss the future of real-time information and payments. We’ll cover APIs, RTP, FedNow, and the need for implementation. Listen in to learn more.
113: What Is Machine Learning?
In today’s episode, we’ll hear from Paul Galloway on machine learning. What is it, and how is it applied in treasury and finance today? Tune in to find out.
#312 – Learning from Financial Fraud Series Episode 12: Payment Flows – Understanding the Risk
Welcome to another episode of our Learning from Financial Fraud Series. In this twelfth episode, we’ll explore what can be learned from a recent payment flows assessment that led to discovering a fraudulent loss in another area. Craig Jeffery walks us through the attack method, the loss, and the key takeaways. Listen in to learn more.
#311 – Corporate Spinoffs: Massive Impact for Corporate Treasury (Knife River)
In today’s podcast, Dustin Senger, Treasurer of Knife River, shares the challenges and impacts of corporate spinoffs on treasury operations. Learn about Knife River’s journey to creating more value for shareholders through a spinoff, as well as how they have handled the separation of systems from the former parent company. The conversation also covers staffing, financing, and setting up new banking structures. Listen in to learn more.
112: What Is Authentication?
In today’s episode, we’ll hear from Christin Cifaldi, Director of Product Development & Analytics, discussing authentication in digital systems. What is authentication, and why is it crucial? Tune in to find out.
#310 – CFOs’ Top Concerns in Accounts Receivable: What Matters to the CFO? (Deluxe)
In today’s podcast, Craig Jeffery, Managing Partner of Strategic Treasurer, and Chip Zint, SVP, Chief Financial Officer at Deluxe, discuss the key objectives of accounts receivable from a CFO’s perspective. Their discussion covers metrics like DSO, industry insights, and the impact of geopolitical risks and interest rates. Listen in to learn more.
#309 – Shifts and Conflicts in Today’s Economy – Part 2: A Conversation with Dr. William Chittenden
In today’s podcast, Dr. William Chittenden, President & CEO of SW Graduate School of Banking, will continue the discussion with a deeper look into critical economic issues. Topics of discussion include debt to GDP, government spending, monetary and fiscal policy. Bill will also cover how this can impact businesses and the overall economy.
111: What Is the Internet of Things?
Christin Cifaldi, Director of Product Development & Analytics, joins us on today’s podcast to discuss the concept of the internet of things (IoT) in technology. What is the IoT, and what are its benefits and risks? Listen in to learn more.
#308 – Shifts and Conflicts in Today’s Economy – A Conversation with Dr. William Chittenden
Despite recent data, many people still believe inflation is increasing. In today’s podcast, Dr. William Chittenden, President & CEO of SW Graduate School of Banking, will discuss a Harris Poll showing that 55% think the economy is shrinking, 56% believe the US is in a recession, 49% think the S&P 500 is down, and 49% believe unemployment is at a 50-year high. Dr. Chittenden will clarify the economic statistics and explore why these misconceptions exist, covering topics such as inflation, employment, interest rates, and the US national debt.
#307 – Learning from Financial Fraud Series Episode 11: Control Removal – The Criminals’ Backdoor
Welcome to another episode of our Learning from Financial Fraud Series. In this eleventh episode, we’ll look at what can be learned from a recent scam involving an unauthorized debit. Craig Jeffery provides his insights on the situation, the attack method, the loss, and the key takeaways.
#306 – Learning from Financial Fraud Series Episode 10: Learning from Deepfake Scams
Welcome to another episode of our Learning from Financial Fraud Series. In this tenth episode, we’ll look at what can be learned from a recent deepfake scam. Craig Jeffery provides his insights on the situation, the attack method, the loss, and the key takeaways.
110: What Is a Botnet?
In today’s podcast, we’ll hear from Christin Cifaldi, Director of Product Development & Analytics, on the topic of botnets in cyber security. What is a botnet, and what role does it play in the security landscape? Listen in to learn more.
#305 – The Role of Penetration Testing in Payment Security
Payment penetration testing involves simulated cyberattacks to uncover vulnerabilities in payment systems. In today’s podcast, Craig Jeffery and Christin Cifaldi discuss different testing methods such as black-box, white-box, and gray-box testing, highlighting their pros and cons. Listen in to learn more!
#304 – Bank Fee Standards: Decisions, Negotiations, and Savings
Understanding bank fees helps consumers and corporations make informed decisions, avoid hidden charges, and negotiate better terms. In today’s podcast, Craig Jeffery and Christin Cifaldi discuss the importance of understanding bank fees, including their impact on consumer decisions, corporate finances, and negotiation strategies.
109: What Is Scoping?
In today’s podcast, we’ll hear from Christin Cifaldi, Director of Product Development & Analytics, on the concept of scoping in cyber security. What is scoping, and what role does it play in the security landscape? Listen in to learn more.
#303 – Learning from Financial Fraud Series Episode 9: Payment Server and Network Compromise
Welcome to another episode of our Learning from Financial Fraud Series. In this episode, we’ll look at a case of payment server and network compromise. Craig Jeffery provides his insights on the situation, the attack method, the loss, and the key takeaways.
#302 – Short-Term Investing Series by Federated Hermes – Part 3: Bank Deposits versus Money Market Funds
In this episode of the Short-Term Investing Series with Federated Hermes on the Treasury Update Podcast, experts from Federated Hermes delve into cash investing options, discussing bank deposits and money market funds. Explore the latest on safety, liquidity, and yield, plus the impact of recent bank failures and FDIC actions. Understand the pros and cons of each investment strategy in today’s ever-changing market.
108: What Is a Demilitarized Zone Network (DMZ)?
In today’s podcast, Christin Cifaldi, Director of Product Development & Analytics, explains what a demilitarized zone network (DMZ) is and how it secures the perimeter around internal LANs. She also discusses a few key items on access control, network segmentation, and IP spoofing prevention. Listen in to learn more.
#301 – Themes and Trends in B2B Treasury Technology – 2024 Outlook Series with Edward Galvin (Visa)
In today’s episode of the 2024 Outlook Series, host Craig Jeffery is joined by Edward Galvin, Head of B2B Commercial Payments Sales at VISA. They discuss the evolving treasury technology landscape, exploring key shifts and strategies for adaptation, as well as the challenges and opportunities posed by the rapid adoption of APIs and embedded banking.
#300 – Treasury’s Value-Add Opportunities and What the CFO Wants – 2024 Outlook Series with Todd Yoder (S&B USA)
In today’s episode of the 2024 Outlook Series, host Craig Jeffery is joined by Todd Yoder, EVP and CFO at S&B USA, to discuss treasury’s value-add opportunities and what CFOs want. Starting from an accounting background and progressing to his current CFO role, Todd Yoder shares insights he’s learned along the way about effective communication as a key value driver, as well as other ways treasurers can bring additional value to their organizations.
107: What Is a Surface Area of Attack?
In today’s podcast, Christin Cifaldi, Director of Product Development & Analytics, defines the surface area of attack. We discuss digital and physical attack surfaces within organizations, as well as options for minimizing exposure. Listen in to learn more.
#299 – Prioritizing Relationships over Transactions: The Importance of Payments In Customer Experience with Deluxe
Payment processing is no longer just transactional. It’s now about weaving payments seamlessly into the customer journey. In today’s podcast, Craig Jeffery, Managing Partner of Strategic Treasurer, and Layne Kight, Sr. Product Manager of Digital Payment Solutions at Deluxe, discuss customer expectations across industries like healthcare, utilities, and banking. They discuss how those industries cater to expectations, as well as practical ways the industry has improved over the past decade. Listen in to learn more.
#298 – Learning from Financial Fraud Series Episode 8: Payment Server Breach
Welcome to another edition of our Learning from Financial Fraud Series. In this segment, we discuss an anonymous payment server breach. Craig Jeffery shares his thoughts on the situation, attack, loss, and lessons learned.
Learn more about how you can safeguard your company here: https://securetreasury.com/
106: What Are Credit Agreements?
In today’s podcast, we’ll hear from Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, on credit agreements. What are they? What terms are typically negotiated? What are positive and negative covenants? Listen in to learn more.
#297 – Securing Payments: What to Know About PCI-DSS 4.0
In today’s podcast, Craig Jeffery and Christin Cifaldi discuss PCI-DSS 4.0. They cover various aspects of PCI-DSS, including its objectives, principles, and requirements, as well as changes introduced in PCI-DSS 4.0, such as new requirements and updates to existing ones.
#296 – How to Solve FBAR Without Killing Your Team
In today’s episode of the Treasury Update Podcast, Lee Patton and Craig Jeffery discuss various strategies for managing FBAR compliance. They explore the process, challenges, and solutions, from understanding the background and significance of FBAR to exploring options for managing the process.
105: What is Capital Management?
In today’s podcast, we’ll hear from Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer on what Capital Management is, why the structure matters, and optimization. Listen in to learn more.
#295 – Secure Payment Messaging: Navigating New Swift CSP Standards and Leading Practices in 2024
As additional threats continue to pop up, payment messaging platforms routinely increase their security requirements. Today’s podcast host, Craig Jeffery, Managing Partner at Strategic Treasurer, sits down with Christin Cifaldi, Director of Product Development & Analytics at Strategic Treasurer, to discuss the standards and requirements for Swift’s Customer Security Programme (CSP). They discuss who is impacted, requirements, deadlines, and leading practices for security, as well as the 3 objectives and 7 principles of the CSP.
#294 – Managing Your Company’s Risk Through Measurements and Policy
A few years ago, a company had been solely banking with Silicon Valley Bank. However, due to their success and international expansion, they found themselves needing to implement bank diversification. This move helped them avoid major problems that their competitors faced in early 2023. In today’s podcast, we discuss the identification and management of different risks your organization will face. Craig Jeffery, Managing Partner of Strategic Treasurer, walks us through several risk management successes and failures, as well as the basic principles of risk management found in the Guide to Excellence in Treasury. Listen in to learn more.
#293 – Effective Communication Is the Lifeblood of Your Treasury Career
Effective communication plays a crucial role in all treasury functions, and failing to prioritize the development of communication skills can hinder growth across the board. In today’s discussion, we’ll hear from Craig Jeffery, Managing Partner of Strategic Treasurer, on just one of the topics covered in the Guide to Excellence in Treasury: effective communication. He talks through action items, a real-world example from his past, and how communication will change with the implementation of generative AI.
104: Are There Alternatives to FDIC and SIPC?
In our final episode covering FDIC and SIPC, we’ll hear from Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, on the thought process behind optimizing your portfolio when you’ve reached the limits of FDIC and SIPC coverage.
#292 – Contemplating Counterparty Risk Management Across the Organization (Source Callé)
Are weak third parties affecting the safety of your organization? In today’s podcast, Host Craig Jeffery talks with Craig Callé, CEO of Source Callé, about navigating third-party risk with real-world examples. The dialogue covers requirements and inefficiency, as well as the vision for the next ten years.
#291 – Remote Is Dead: Hybrid Work Is the New Norm – 2024 Outlook Series with Mike Richards (The Treasury Recruitment Co)
In today’s episode of the 2024 Outlook Series, host Craig Jeffery is joined by Mike Richards to review and predict changes in the treasury recruiting space. Topics of discussion include job shifts post-COVID, recruiting with job boards, and the creation of your own AI bots.
The 2024 Outlook Series features interviews with treasury experts about their expectations, projections, and insights for the year ahead.
103: What’s the Difference between FDIC and SIPC?
In today’s podcast episode, we discuss the distinctions between FDIC and SIPC. This discussion covers why FDIC and SIPC were created, the nuanced differences, and whether enrollment is required for their protection.
#290 – Navigating Banking Changes – Liquidity Risk Survey Results (Allspring)
In today’s episode, Jeff Weaver and host Craig Jeffery discuss key findings from the Liquidity Risk Survey. They discuss impacts of Fed rate increases, the regional bank crisis, and movements in deposits and money funds.
Download your copy of the Liquidity Risk Survey Report here: https://strategictreasurer.com/2023-liquidity-risk-survey/
Learn more about Allspring: https://www.allspringglobal.com/
#289 – Short-Term Investing Series by Federated Hermes – Part 2: Cash and Credit Considerations
Join us for another installment of the Short-Term Investing Series by Federated Hermes on the Treasury Update Podcast. In this episode, experts from Federated Hermes discuss the nuances of short-term investments, focusing specifically on cash and credit considerations. The conversation touches on credit quality, duration, economic outlook, yield curve, money market funds, managing asset-backed securities, and more.
102: What Is SIPC Insurance?
Join us in this Treasury Update Podcast episode and learn what SIPC stands for, the types of investments it watches over, and the ones it doesn’t. Hear from Craig Jeffery as he shares the perks, limitations, and funding of SIPC.
#288 – Why Does Social Engineering Work So Well?
In today’s podcast, Craig Jeffery shares multiple new examples of successful fraud cases, including a story that highlights the importance of two-factor authentication and a real-world example of the importance of immediately training new staff on security. He also touches on the recent improvements to and effectiveness of voice deepfakes. Listen in and stay informed on social engineering advancements.
#287 – Bank Conversions: A Playbook for Success with Superior
In this episode of the Treasury Update Podcast, Craig Jeffery discusses bank conversions with April Levin from Superior. They explore the impact on banks and their clients, covering assessment, cost considerations, and managing conversions. The conversation includes leading practices and crucial questions for commercial clients.
101: What Is FDIC Insurance?
In this episode of the Treasury Update Podcast, Craig Jeffery shares what FDIC stands for and the types of deposits it insures. Learn about the limitations and benefits of FDIC coverage and the funding mechanisms that sustain FDIC operations.
#286 – How to Be a Successful Treasurer in 2024 – 2024 Outlook Series with Lee-Ann Perkins
In today’s episode of the 2024 Outlook Series, host Craig Jeffery is joined by Lee-Ann Perkins to discuss key items for treasurers to improve in the year ahead. Lee-Ann shares her perspective on the economic landscape, the evolving workforce, and banks’ changing agendas. Topics covered range from fraud prevention to ESG, digital currency, and AI/ML.
The 2024 Outlook Series features interviews with treasury experts about their expectations, projections, and insights for the year ahead.
#285 – 2023 Treasury Year in Review – Setting the Stage for the 2024 Outlook Series
We are excited to bring you our sixth annual Outlook Series on the Treasury Update Podcast. In this series, we bring you interviews with treasury experts about their expectations, projections, and insights for the year ahead. Today, we’ll hear from Craig Jeffery, Managing Partner of Strategic Treasurer, as he sets the stage by retrospectively examining the key trends and challenges encountered by treasury departments in 2023.
100: Options for Alternative Debt Funding
In today’s Treasury Update Podcast episode, Paul Galloway continues the mini-series on debt funding by sharing insights on three alternative debt funding options: mezzanine debt, convertible debt, and perpetual debt. He shares a basic understanding of their unique functionalities, as well as the strategic reasons treasurers might opt for these alternatives. Tune in for a concise breakdown of what alternative debt funding options look like.
#284 – Driving Cost Savings and Improving Liquidity – Tactical Adjustments in the Cash Conversion Cycle with LSQ
In today’s podcast, Craig Jeffery sits down with Vikas Shah from LSQ for a discussion on the pressing need for companies to focus on driving cost savings and improving liquidity. Vikas shares specific examples of how businesses are finding cost savings and adding scalability, along with a look into key market challenges such as increased demand, credit deterioration, and the importance of process efficiency.
#283 – AR Survey Results: Is Your Business Facing AR Challenges? (Corcentric)
In today’s episode, Craig Jeffery discusses key pain points in AR with Bryan Way from Corcentric. They address challenges in payment timing and invoicing processes, emphasizing the importance of better visibility and forecasting. They also discuss key considerations when deciding to build or buy a solution, with a reminder to focus on results over software solutions.
99: Options for Traditional Debt Funding Structures
In today’s episode of the Treasury Update Podcast, Paul Galloway shares three examples of traditional debt funding structures. Listen in as he breaks down syndicated loans, senior debt, and revolvers. Learn what makes each of these financing tools unique and why treasurers may strategically choose one over the other.
#282 – The New Intersection of Technology and Treasury – Fintech Hotseat Panel Discussion – AFP 2023 (Citi, Finastra, & TIS)
The rapid acceleration of new technology adoption significantly impacts the daily operations of providers and treasury professionals across multiple domains. In today’s podcast episode, we’ll hear from Craig Jeffery and our 3 panelists in an annual Fintech Hotseat panel discussion, this time covering the evolving landscape of treasury technology.
#281 – Generative AI in Treasury: A Dialog with Deluxe (Deluxe)
In today’s podcast episode, we’ll hear a discussion between Craig Jeffery and Yogaraj Jayaprakasam on the transformative power of generative AI in treasury. They discuss generative AI’s transformative impact on communication, reasoning, and domain-specific applicability, as well as how Deluxe is looking at the adoption of AI.
#280 – How Are Companies Adapting to the Evolution of Global Payments? Fintech Hotseat Panel Discussion – AFP 2023 (Fides, JP Morgan, Mastercard, & TD Bank)
In today’s episode, we’ll hear an insightful discussion on the Future of Treasury Payments. Recorded live at the AFP conference in San Diego, CA, our panelists delve into the world of global payment rails and the strategies companies must adopt to tackle security and operational challenges head-on.
98: What Are Callable CDs?
In today’s episode of the Treasury Update Podcast, we demystify callable CDs. Discover what sets them apart from regular CDs, the reasons banks issue them, whether brokered CDs can be callable, and what happens when a CD is called. Listen in for more information!
#279 – Short-Term Investing Series by Federated Hermes – Part 1: Money Market Reforms
In this episode of the Short-Term Investing Series with Federated Hermes on the Treasury Update Podcast, experts from Federated Hermes discuss the 2023 money market reforms. They explain the key changes in liquidity requirements and how they impact government and prime money market funds. The conversation also touches on the evolving interest rate environment. If you’re in the finance industry, this podcast episode provides insights to help you navigate these reforms with confidence.
Speakers:
Craig Jeffery, Managing Partner at Strategic Treasurer
Deborah Cunningham, CFA – Chief Investment Officer, Global Liquidity Markets, Senior Portfolio Manager, Executive Vice President, Federated Investment Management Company
Susan Hill, CFA – Head of Government Liquidity Group, Senior Portfolio Manager, Senior Vice President, Federated Investment Management Company
John Mosko – Senior Vice President, Liquidity Management Division, Federated Securities Corp.
Visit federatedhermes.com for more information.
#278 – Recapping AFP 2023: What Went Down?
In this podcast, Craig Jeffery discusses the standout topics that made an appearance at AFP this year. Listen in to this discussion covering RFPs, liquidity worries, and the ever-present staffing dilemmas. What do we see shaping the financial world this year?
Download this year’s Analyst Report!
97: What Are Brokered CDs?
In today’s episode, Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, shares a concise exploration of brokered CDs. You’ll learn what they are, how they differ from traditional CDs, the associated risks, what happens at maturity, tax considerations, and the option to sell them. Listen in for more information!
#277 – Updating ISO 20022: Exploring New Formats, Data, and Benefits (Fides)
In today’s podcast, we are joined by Roman Müller, Chief Client Officer at Fides, to discuss ISO 20022’s changes in payment and statement formats. We’ll discuss the updated address requirements, the extension of the November 2025 deadline, and the need for structured and unstructured data. Listen in to learn more!
#276 – Organizational Security Assessments
Are you contributing to the security of your organization? Are you aware of your role? In today’s episode, Craig Jeffery, Managing Partner of Strategic Treasurer, shares insights and explores common testing exercises, the evolving security landscape, and practical recommendations for IT and treasury professionals. He also discusses the concepts of “Red Team” and “Blue Team” in regard to security, and how they play a crucial role in keeping your defenses current.
96: What is CD laddering?
In today’s podcast, we take a quick look at CD laddering. We’ll review things to consider when setting up your ladder, tailoring ladders for your goals, and the benefits of using one.
#275 – Effective Counterparty Risk Management with Chick-fil-A (Chick-fil-A)
In this episode of the Treasury Update Podcast, we discuss the importance of counterparty risk management. Recent FDIC actions raised concerns in the market, and Steven Peterson from Chick-fil-A is joining us today to outline how they manage and monitor banks using a bank risk dashboard. He discusses the significance of capital ratios and staying informed about banks.
#274 – What’s Happening at AFP 2023? Discussion on Treasury Trends, Fintech Insights, and More
Join us for the latest episode of the Treasury Update Podcast as we gear up for AFP 2023 in San Diego! Hear from our team as Jonathan, Craig, Ky, and Brian share what’s in store for this year’s event. We discuss key takeaways to look for in AFP, including the importance of building relationships and learning from industry experts, as well as specific details on the events, games, reports, and banker’s lunch that we’ll be hosting in California.
Get ready to connect, learn, and engage at AFP 2023. We hope to see you in San Diego!
95: What are CDs?
This week’s coffee break session defines and discusses the certificate of deposit (CD). It covers durations, restrictions, and strategies, as well as other common questions. Listen in as Craig Jeffery walks us through the world of CDs.
#273 – Learning from Financial Fraud Series Episode 7: Understanding “Pig Butchering”
The criminal playbook is constantly evolving, and in this episode, we ask what exactly “pig butchering” is. Learn how scammers build trust, offer fake investments, and manipulate victims into virtual currency schemes. While this is primarily a tactic that has been used against individuals, this matters to corporate treasurers because these tactics can easily be adapted to corporate fraud. Listen in as Craig Jeffery walks us through the steps criminals are taking and what you can do to spot suspicious activity.
#272 – Exploring the Current Technology Situation: 2023 Treasury Technology Survey Data
Technology is changing rapidly. Recently completed research on the topic of treasury technology brought many interesting data points and trends to light. Join Jon Paquette of TIS and Craig Jeffery of Strategic Treasurer as they talk through the implications for treasury.
Their discussion includes technology adoption rates, the growing value of technology investments, and the use of AI and machine learning in treasury.
Download the survey report here: https://strategictreasurer.com/2023-treasury-technology/
94: What Are Modeling and Forecasting?
In this week’s Coffee Break Session, we unpack modeling and forecasting as a corporate treasurer. Listen in and learn the key differences, explore real-world examples, and see how data can help drive accurate predictions.
#271 – Learning from Financial Fraud Series Episode 6: Unpacking the Bernie Madoff Ponzi Scheme
Welcome to another edition of our Learning from Financial Fraud Series. In this segment, we delve into the notorious Bernie Madoff Ponzi Scheme. Join us as we unravel the intricate layers of this scandal, where Bernie Madoff, a once-respected financier, orchestrated an elaborate scheme that entrapped countless investors.
Learn more about staff augmentation at: https://securetreasury.com/
#270 – The Speed of NOW: Navigating Real-Time Treasury
In today’s episode, Craig and Kate Pohl, Senior Advisor with Strategic Treasurer, discuss the true meaning of “real-time” in finance, its impact on consumers and businesses, and its future implications. They also discuss value and shed some light on fraud protection and innovative strategies.
93: What Is Data Extraction?
Join us for a quick coffee break as we discuss data extraction in treasury operations. In this episode, we’ll explore how AI is reshaping the process, tackle common challenges, highlight AI-driven innovations, share success stories, and address trust and reliability concerns.
#269 – AI’s Current and Future Impact on Treasury (Ferguson)
Have you been staying up to date on how artificial intelligence is transforming the landscape of treasury operations? Join us in today’s discussion as we explore AI’s current and future impacts with Royston DaCosta, Assistant Treasurer of Ferguson PLC, and gain insights into technology’s evolving role in shaping the finance world.
#268 – Navigating Non-Profit Finances: Similarities and Differences (Truist & IJM)
Have you ever wondered how different non-profit organizations manage their finances and navigate challenges? Join us as Craig Jeffery shares the mic with long-time friends Kevin Peak and Stephanie Villatoro to discuss shared challenges and unique approaches in areas such as cash management, borrowing and investments, governance decisions, staffing, and funding the mission.
#267 – Learning from Financial Fraud Series Episode 5: Uncovering the Enron Accounting Scandal
Welcome to the next installment of the Learning from Financial Fraud Series. Join us as we dissect the infamous Enron Accounting Scandal. In this episode, Jonathan and Craig Jeffery from Strategic Treasurer discuss how Enron, a prominent American energy company, used deceptive accounting practices to conceal losses and inflate profits.
Learn more about how you can safeguard your company here: https://securetreasury.com/
92: What Is Generative AI?
In this episode, Craig Jeffery shares how generative AI can enhance data analysis and decision-making in treasury operations. Is using generative AI considered “cheating”? Is it safe? Can generative AI really help you make accurate decisions? Listen in to learn more.
#266 – Receivables Strategy: Mastering the Move to Digital Payments (Deluxe)
In this episode, Craig Jeffery and Layne Kight discuss the definition and significance of closed loop payments, such as RTP. They discuss their processes and challenges, as well as strategies for efficiently managing diverse payment methods. Listen in to this conversation on the intricate layers of the world of payments.
Speakers:
Craig Jeffery of Strategic Treasurer
Layne Kight of Deluxe
#265 – Learning from Financial Fraud Series Episode 4: Unmasking the FTX Fraud & Safeguarding Your Assets
Welcome back to the “Learning from Financial Fraud” series. Listen in as Jonathan and Craig from Strategic Treasurer delve into the FTX scandal, a recent case involving FTX Trading Ltd. Learn about the charges faced by Mr. Sam Bankman-Fried for the alleged misappropriation of customer funds.
This discussion includes vital safeguards and the issue of insider fraud – a challenge that surrounds us all.
Learn more about how you can safeguard your company by clicking HERE
Follow these links to hear the other podcasts in the Learning from Financial Fraud Series:
Unveiling the Parmalat Fraud Scandal and Bankruptcy
Understanding the Satyam Scandal and Its Consequences
Unraveling the Wirecard Fraud – Safeguarding Your Business
91: Augmented Intelligence vs. Artificial Intelligence in Treasury
In this episode, we explore augmented intelligence with Craig Jeffery from Strategic Treasurer. Discover how a collaborative human-AI approach can optimize your treasury operations in this increasingly digital age.
#264 – Learning from Financial Fraud Series Episode 3: Unraveling the Wirecard Fraud – Safeguarding Your Business
Join Craig Jeffery and Jason Campbell as they dissect the 2020 Wirecard fraud, a financial scandal involving a global fintech firm. They look at the magnitude of the deception, involving financial misstatements and fictitious transactions, and discuss the consequences for investors and creditors, as well as its impact on Germany’s financial system.
#263 – Democratization of Anarchy in Payments (Finexio)
Join us for this week’s episode as Ernesto Rolfson, CEO of Finexio, and Craig Jeffery of Strategic Treasurer discuss the escalating threat landscape in payments. They cover how the criminal playbook has been bolstered by AI, enabling dangerous techniques like deep fakes and fraud. Discover why this matters to corporates and how payment companies are countering these evolving threats.
90: Decoding Earnings Credit Rate (ECR)
Join us in this week’s Coffee Break Session as Jason Campbell and Craig Jeffery unpack ECR’s significance, its direct connection to reserve requirements, and why treasury professionals should pay close attention to it. Discover the impact of shifting interest rates on earnings generated from balances and explore actionable steps to optimize banking relationships and effectively manage counterparty risk.
Visit StrategicTreasurer.com/ecr to gain access to a quarterly ECR report.
#262 – Learning from Financial Fraud Series Episode 2: Understanding the Satyam Scandal and Its Consequences
The Satyam scandal sent shockwaves through the industry, revealing a web of deceit within the renowned Indian IT services company that ultimately led to its collapse in 2009. By understanding the details shared in this case study, you will be better equipped in your role to safeguard your business against similar fraudulent practices. Listen in as Jason Campbell and Craig Jeffery discuss key takeaways from this scandal.
#261 – The Power of Connectivity and API Technology in Treasury Management (GTreasury)
In today’s episode, Host Craig Jeffery of Strategic Treasurer talks with German Karaivanov of GTreasury as they dive into the world of connectivity and API technology.
Explore the core technological and practical differences between file-based/SFTP connectivity methods and API-based approaches, and gain insight into why these distinctions are crucial for companies, particularly treasury groups.
89: What Is Counterparty Risk?
In today’s Coffee Break Session, Jason Campbell and Craig Jeffery have a conversation on counterparty risk. They delve into the fundamentals of counterparty risk, its significance to businesses, and effective management strategies. Are you equipped to safeguard your business from these potential pitfalls? Listen in to learn more.
#260 – Learning from Financial Fraud Series Episode 1: Unveiling the Parmalat Fraud Scandal and Bankruptcy
Welcome to the Learning from Financial Fraud Series, where we will explore multiple major financial frauds and thefts to see how each one occurred, was kept hidden, and was eventually discovered. Today we are exploring one of the largest financial scandals in Italian history, the Parmalat fraud case. This scandal led to the Italian dairy and food company’s 2003 bankruptcy. Discover how the fraud occurred, its impact, and learn preventive measures. Join Jason Campbell and Craig Jeffery as they discuss some of the key points behind this significant corporate fraud.
#259 – Treasury Perspectives Survey Results: Are You Nervous or Excited About Technology Developments? (TD Bank)
In this episode, Craig Jeffery and Michael Gordon discuss key insights that emerged from the fifth consecutive Treasury Perspectives Survey. This annual survey is a collaborative effort between Strategic Treasurer and TD Bank. Listen in as they discuss the excitement surrounding technology developments, the top payment concerns, and what these findings mean for you as a treasury professional.
To explore the full survey report, download it here: Treasury Perspectives Survey 2023.
#258 – Navigating New Reporting Requirements and Financial Transparency: Beneficial Ownership Information Reporting (BOI)
Staying current with the reporting obligations is essential to avoid penalties and legal consequences. Today, we will hear from Craig Jeffery and Jason Campbell on Beneficial Ownership Information (BOI) reporting, a newly implemented reporting requirement that necessitates the disclosure of beneficial ownership interests. This filing is distinct from previous reporting obligations. Listen in and let us know your top thoughts and questions regarding BOI.
88: What API Types Exist?
APIs are becoming more and more common within the apps and programs you use in your day-to-day life. They sit behind the scenes and allow for visibility between platforms. In this podcast, Paul Galloway and Jason Campbell discuss the benefits of APIs, what they are, and what else you should know about how they relate to treasury.
#257 – Navigating Treasury’s Evolution: From Visibility to Leverage
In this podcast, Craig Jeffery and Jason Campbell from Strategic Treasurer discuss key elements, the right mindset, and a roadmap for help your treasury team excel. They discuss building the right team, leveraging technology, and establishing effective structures. Equipping your team with the right warning signs and signals is vital, but developing the ability to read and react to these indicators is equally important. Listen in as Craig and Jason unpack this!
#256 – Understanding Your Connection to the Federal Debt Limit
Join Jason Campbell and Paul Galloway on the Treasury Update Podcast as they discuss the Federal debt limit and the Federal Reserve’s decisions. This conversation explores how the debt limit is impacted by politics and funding sources. What are the pros and cons of raising the debt ceiling? What is the Fed’s current position? Is there a potential interest rate drop coming? What are the likelihood and potential severity of an impending recession?
87: What Are Digital Wallets?
Last session, we talked about digital currencies, coins, and tokens. But how are they stored and used? This week, Paul Galloway and Jason Campbell take a look at digital wallets. What are the risks? What are the benefits? How do they work? Listen in to find out!
#255 – Exploring Next-Generation Payment Trends (Deluxe)
Tune in to this discussion of trends, data, and industry statistics that shed light on the overall payer/payee experience and the transformative potential of next-generation payments.
#254 – The Guide to Excellence in Treasury: An Audiobook from our Professional Development
Whether you’re aiming to become a treasurer, have just landed the job, or have held the position for years but are still seeking ways to improve and grow, this guidebook should have some ideas that will help you and your organization thrive.
86: What Is Digital Currency?
Crypto has been gaining popularity in the past decade. Will crypto help your department solve major issues, or will it simply introduce unnecessary complexity? In this episode, Paul Galloway and Jason Campbell discuss digital currency and its implications for treasury professionals. They also look at the difference between digital coins and digital tokens.
#253 – Prioritizing Payment Principles: A Dialog on Virtual Card in Context (Mastercard & Corpay)
What point of emphasis for payments should a corporate payment professional focus on in 2023? In this podcast, Anthony DeBellis, VP of Product Management at Mastercard, and Mark Penserini, VP of Partner Management at Corpay talk with Craig Jeffery and share their thoughts on payment security, access to cash, and virtual cards. Listen in to learn more.
#252 – Fed Support and Bank Failures (TreasuryGo)
The Fed has promised to make depositors whole, so there has been no loss of funds or long-term freezing of balances for individuals or corporates. Does this represent unlimited and permanent insurance coverage by the Fed? They showed up for these events. When won’t they show up with coverage? Listen in as Craig Jeffery and George Zinn discuss these important topics.
85: What Is FedNow?
Paul Galloway and Jason Campbell discuss the Federal Reserve’s new instant payment infrastructure, FedNow. We are two months from the official release of this new service. Let’s hear from Paul and Jason on what this service does, how it differs from its traditional alternatives, whether it supports payments outside the US, and some things to consider before we start using FedNow.
#251 – Fraud in a Changing Treasury Landscape Episode 2: Do You Know Who Is Accessing Your Banking Information? (Bottomline)
Criminals are always looking for the path of least resistance. When your company strengthens its defenses, new weak links are found and explored. In this episode, Craig Jeffery and Omri Kletter continue the discussion on some of the key findings that came out of the Treasury Fraud & Controls 2023 Survey. Specifically, they explore unguarded banking information and visibility restrictions.
#250 – Working Capital: Thriving in Uncertain Times (LSQ & Esker)
Until recently, it was relatively easy to borrow capital and increase inventory to avoid global supply chain issues, but things have changed. While you may have been able to accurately forecast demand, were you planning for the drastic rise in interest rates that have occurred in recent months? Is your working capital plan adjusting? In this episode, Craig Jeffery, Daniel Reeve, and Brian Rieber get together to discuss the macroeconomic, geopolitical, and trade situations surrounding working capital and the financial levers you should be aware of moving forward.
84: What Are Real-Time Payments?
What are real-time payments? Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to chat about real-time payments. They discuss how these payments work, the benefits, and the risks. Listen in and learn a little bit about real-time payments.
#249 – Fraud in a Changing Treasury Landscape Episode 1: Are You Implementing Thoughtful Security? (Bottomline)
Treasury’s threat of fraud attacks is constantly changing and increasing. While treasurers say they are aware of this, only 30% of companies plan to allocate more funds to the training of employees and fraud prevention services. In this episode, Craig Jeffery and Omri Kletter discuss some of the key findings that came out of Strategic Treasurer’s Treasury Fraud & Controls 2023 Survey, specifically, the key places we should be focusing our spend throughout 2023.
#248 – Becoming a Treasurer Series, Part 27: Languages of Finance: Accounts Receivable
What problems arise when treasury and accounts receivable misunderstand each other? In this episode, Craig Jeffery and Jason Campbell jump back into the Languages of Finance sub-series to discuss some of the common terms you need to know in order to work together effectively. Listen in and find us on YouTube for more.
83: What Is Same-Day ACH?
What is Same Day ACH? Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to chat about Same Day ACH. They discuss use cases for ACH, restrictions, and why Same Day ACH is not the standard. Listen in and learn a little bit about Same Day ACH.
#247 – Becoming a Treasurer Series, Part 26: Languages of Finance: Accounts Payable
What problems arise when treasury and accounts payable misunderstand each other? In this episode, Craig Jeffery and Jason Campbell jump back into the Languages of Finance sub-series to discuss some of the common terms you need to know in order to work together effectively. Listen in and find us on YouTube for more!
#246 – Becoming a Treasurer Series, Part 25: Languages of Finance: Controllers
In the Language of Finance sub-series of the Becoming a Treasurer series, we will look into different terms that should be understood in order to communicate effectively with the rest of your treasury team and with others. In this episode, Craig Jeffery and Jason Campbell discuss some important questions regarding controllers. How does the language of a controller differ from the language of treasury? When do controllers, accounting groups, and treasury need to work together? Listen in to find out.
#245 – Superior Practices in Client Conversion (Superior Press)
In this episode of the podcast, Craig Jeffery of Strategic Treasurer and Steve Traut, SVP of Sales at Superior Press, have a discussion on best practices in client conversion. Steve walks us through several client conversion case studies.
82: ACH Format vs. Standard Entry Class (SEC)
What is the difference between ACH format and Standard Entry Class? Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss what these are, the relationship between them, requirements, and the importance of data recording. Listen in and learn a little bit about ACH format vs. SEC.
#244 – Bankers Have Highly Negative Response to RTO Mandates (The Treasury Recruitment Co)
On this episode, Mike Richards joins Craig Jeffery in a discussion that is fueled by two recent surveys. The first survey was Treasury’s Return to Office Status Survey conducted by Strategic Treasurer, which was taken by 249 respondents in the corporate, financial, and government spaces. The second survey discussed in this podcast is the Treasury Salary Survey 2023 released by the Treasury Recruitment Company.
#243 – Becoming a Treasurer Series, Part 24: Languages of Finance: FP&A
As we jump back into the “Becoming a Treasurer” series, we are launching a new sub-series where we will look at the “language of finance.” Communication matters, and understanding how different groups use terms is vital for effective communication. In the Language of Finance sub-series, we will look into different terms that should be understood in order to communicate effectively with the rest of your treasury team and with others. In this podcast, Craig Jeffery and Jason Campbell talk through some of the important questions regarding financial planning and analysis. How does the language of FP&A differ from treasury? Listen in to find out.
81: What Is ACH?
What is ACH? Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss the Automated Clearing House. They discuss what ACH is, its use, how it’s governed, and what to monitor. Listen in and hear more about ACH.
#242 – 2023 Outlook Series: Will AI Change Your Hiring? with Todd Yoder (Fluor Corporation)
Innovations like ChatGPT are changing the way we gather information. Will these advancements negate certain treasury roles in the future? Will it affect whom you hire and the size of your team? Craig Jeffery of Strategic Treasurer and Todd Yoder of Fluor discuss a couple of items to keep in mind as we move forward.
#241 – The Treasurers Have Spoken, Episode 4: What is ELM?
In this fourth and final episode in our series covering the 2022 Analyst Report, Craig Jeffery and Paul Galloway of Strategic Treasurer discuss key points and implications of the current treasury technology landscape. This week, we are focusing on enterprise liquidity management (ELM).
80: What Is the Debt Market?
What is the debt market? Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer’s Senior Advisor Paul Galloway to chat about the debt market. They discuss who the players are, how issuers and investors monitor the debt markets, and the difference in perspectives. Listen in and learn a little bit about the debt market.
#240 – What’s Going on with Interest Rate Activity? A Treasurer’s Outlook
How do treasurers best position themselves for the future as the Fed continues to raise interest rates? In this podcast, Jason Campbell of Strategic Treasurer discusses the current and future impacts of interest rates with Paul Galloway. Last week, the Fed gave us the first interest rate of 2023. Paul and Jason discuss questions such as, “How do interest rates change?” “Why do changes in interest rates matter?” and “What should treasurers be concerned about?”
#239 – From Chaos to Clarity: Strategies for Smooth Bank Integration (Fides & AES Corporation)
When it comes to treasury operations, cash is still king. Holistic cash visibility is a critical differentiator for companies. Digital transformation and open banking have presented many more opportunities for treasury and finance to quickly access the data they need for better cash management and forecasting while streamlining processes through automation. Yet even with the rise of APIs in finance, a significant proportion of companies are still manually pulling bank statements from a plethora of bank portals, and still processing payments manually as well. Learn how AES deployed multi-bank connectivity solutions to eliminate manual processes, improve internal governance and security, protect themselves from payments fraud, ensure regulatory compliance, and achieve real-time liquidity.
79: What Is Preferred Stock?
What is preferred stock? Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer’s Senior Advisor Paul Galloway to chat about preferred stock. They discuss why a company would want to issue preferred stock, how it’s different from common stock, and how it’s treated from a credit perspective. Listen in and learn a little bit about preferred stock.
#238 – The Treasurers Have Spoken, Episode 3: Survey Results on SCF & Cash Conversion Cycle Solutions
In this third episode in our series covering the 2022 Analyst Report, Craig Jeffery and Paul Galloway of Strategic Treasurer discuss key points and implications of the current treasury technology landscape. This week, we are focusing on supply chain finance and cash conversion cycle solutions.
#237 – 2023 Outlook Series: The Labor Market Is Broken with Tony Carfang (The Carfang Group)
In this first episode of our 2023 Outlook Series, Craig Jeffery of Strategic Treasurer talks with Tony Carfang of the Carfang Group. They discuss Tony’s outlook on the coming year, covering topics such as inflation, debt, government spending, and corporate cash.
78: What Is Common Stock?
Host Jason Campbell catches up with Strategic Treasurer’s Senior Advisor Paul Galloway to discuss common stock. They discuss why companies issue common stock, second offerings, and treasury stock and talk about how it’s used. Listen in and learn a little bit about common stock.
#236 – The Treasurers Have Spoken, Episode 2: Survey Results on Payment Hubs and Treasury Aggregators
In this second episode in our series covering the 2022 Analyst Report, Craig Jeffery and Paul Galloway of Strategic Treasurer discuss key findings and implications of relevant survey data. This week, we are focusing on payment hubs and treasury aggregators.
#235 – The Treasurers Have Spoken, Episode 1: Survey Results on TMS, Payment Hubs, and CCC
Craig Jeffery and Paul Galloway of Strategic Treasurer discuss the key findings and implications of recent survey data by Strategic Treasurer. They discuss the new advancements of APIs. Are they improving fast enough to keep up with market demands? They touch on the thought process involved in a Treasurer deciding on a payment hub, and the challenges treasury departments face in managing their cash conversion cycle.
77: US Economy FAQs
Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer’s Senior Advisor Paul Galloway to discuss the US economy. They discuss what the Fed is looking at, the importance of knowing what the Fed is thinking, the rising rates, and how the Fed’s decisions impact our economy.
#234 – The Mysteries of Dollar Creation and the Future of Money (Todd Yoder, Fluor Corporation)
As a strategic treasurer, you need to be aware and alert. There are signs of what’s ahead all around. Are you seeing the signs? In this episode, Host Craig Jeffery interviews Todd Yoder, Global Director of Treasury at Fluor Corporation, on the long-term and short-term asset liability match and the impact of inflation. They also discuss many ideas on the future changes of money.
#233 – What Did Treasurers Learn from the Events of 2022?
The year 2022 was an interesting ride. Global turmoil, supply chain issues, rising interest rates, and major acquisitions all caused concern and intrigue for treasurers and financial professionals around the world. In this podcast, Craig Jeffery and Paul Galloway of Strategic Treasurer discuss some of the key events of 2022. Listen in and feel free to share your thoughts by sending us an email.
#232 – Are Payments Getting Safer or Faster? Fintech Hotseat Panel Discussion – AFP 2022 (Mastercard, Kyriba, Fides & Corpay)
Live from Philadelphia, PA, at AFP 2022, Strategic Treasurer is proud to present our Fintech Hotseat panel discussion on the Future of Treasury Payments. This session put experts from leading payment companies into the hotseat.
76: What Are Stocks?
What are stocks? Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer’s Senior Advisor, Paul Galloway, to discuss stocks, the different types of issuances, reasons for stock buy-back, and limitations to issuance and buy-backs. Listen in and learn a little bit about stocks.
#231 – The Future Looks Bright for Treasury Technology: Fintech Hotseat Panel Discussion – AFP 2022 (Bottomline Technologies, FinLync & Fluor Corporation)
Live from Philadelphia, PA, at AFP 2022, Strategic Treasurer is proud to present our Fintech Hotseat panel discussion on the Future of Treasury Technology. This session put experts from leading technology firms and banks into the hotseat.
#230 – B2B Transaction Modernization: Real-Time Payments (Microsoft)
Craig Jeffery is joined by Jayna Bundy, the General Manager of Global Treasury & Financial Services at Microsoft. They discuss why faster payments matter, the goal and cost of faster payments, portals, and issues. What are “requests for payment” and how should corporations think about it?
75: What Is Asset-Backed Debt?
What is asset-backed debt? Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer’s Senior Advisor, Paul Galloway, to discuss how asset-backed debt is used for raising capital, the different types of issuances, why a company would issue an asset-backed instrument, and the risks.
#229 – Staying on Top of Working Capital (Adaugeo)
Working Capital Management is usually one of the top three focus areas for treasury in any given year. This fluctuates based on a number of factors. In this podcast, Host Craig Jeffery talks with Mike Hewitt, CEO of Adaugeo Media and host of the Working Capital Summit, about the event and how working capital and SCF are areas that treasury professionals are keen to discuss.
#228 – Stewardship: Environment, Finance, and the Community (Southwire)
Companies are stepping back to take a long-term look at their business plans. Meeting annual and quarterly targets is being balanced with new ideas for long-term strategic plans. In this podcast, Craig Jeffery talks with Christy Wright about the commitment that Southwire has made to its community and environment. Topics of discussion include offering better terms, Southwire’s Supplier Sustainability Program, greenhouse gas goals, and sustainable cash investments.
74: What Are Revolvers?
What are revolvers? Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer’s Senior Advisor, Paul Galloway, to discuss revolvers. They discuss what they are, why companies create revolvers, the process of setting up a revolver facility, and some limitations. Listen in and learn a little bit about revolvers.
#227 – Top AP Challenges All Center Around Efficiency: 2022 B2B Payments Survey Results (Bottomline)
Join this discussion as host Craig Jeffery sits down with Paul McMeekin for a conversation on reducing fraud and enabling payments for businesses. They also cover several key points from the 2022 B2B Payments Survey report.
#226 – The Problem with Carry: The Rise of Carry
On this episode, Host Craig Jeffery interviews coauthor Kevin Coldiron on his book, The Rise of Carry: The Dangerous Consequences of Volatility Suppression and the New Financial Order of Decaying Growth and Recurring Crisis. They discuss some of the issues covered in the book and where they are reflected in today’s market.
73: What Is Debt Funding?
Host Jason Campbell catches up with Strategic Treasurer’s Senior Advisor, Paul Galloway, to discuss debt funding. They discuss what it is, why a company would issue debt, types of debt instruments issued, and the limitations of what can be issued. Listen in and learn a little bit about debt funding.
#225 – Recap and Insights from AFP 2022
Craig Jeffery and Paul Galloway have a chat on the last day of the 2022 AFP Conference. They discuss how the conference has changed in the aftermath of COVID and provide some key takeaways for practitioners and providers.
#224 – Maintaining a Platform Mindset: Using Technology to Collaborate
The AFP conference is right around the corner, and you may be planning out your week to be as effective as possible without spreading yourself too thin. Craig Jeffery of Strategic Treasurer and Ernie Humphrey of Treasury Webinars discuss some key points on maximizing your ROI for a conference, being ready to engage at all times, being authentic, and coming home with renewed enthusiasm in your career.
72: What Is Commercial Paper (Capital)?
What is commercial paper in terms of capital? Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer’s Senior Advisor Paul Galloway to discuss commercial paper as it relates to raising capital. They talk about who issues commercial paper, how it’s used, and the issuing limitations. Listen in and learn a little bit about commercial paper (capital).
#223 – Maximizing Your ROI at a Treasury Conference (Treasury Webinars)
The AFP conference is right around the corner, and you may be planning out your week to be as effective as possible without spreading yourself too thin. Craig Jeffery of Strategic Treasurer and Ernie Humphrey of Treasury Webinars discuss some key points on maximizing your ROI for a conference, being ready to engage at all times, being authentic, and coming home with renewed enthusiasm in your career.
#222 – Treasury and New Technology: 6G, Metaverse, and Digital Assets (Ferguson plc & Bank of America)
In this episode, Craig Jeffery talks with Royston DaCosta of Ferguson plc and Tiffany Wan of Bank of America on the importance of taking on new technologies while remaining intentional to the mission of your business.
71: What Is Commercial Paper (Investing)?
What is commercial paper in terms of investing? Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer’s Senior Advisor Paul Galloway to discuss how commercial paper is used for investing. They talk through what commercial paper is, why someone would invest in it, the different types of commercial paper, and the risks associated. Listen in and learn a little bit about commercial paper (investing).
#221 – Interest Rates, Liquidity Plans, and the Midterm’s Effect on Treasury
On this episode of the Treasury Update Podcast, Jason Campbell talks with Craig Jeffery and Paul Galloway of Strategic Treasurer on some of the ways treasury will be affected by changing interest rates and political offices. They also discuss some considerations and leading practices to keep in mind when experiencing an economic hiccup.
#220 – The Strategic Treasurer Series: Mastering the Hybrid Role (Part 4)
This episode is part four of our Strategic Treasurer Series on treasury roles. Although we are exploring different specific roles in treasury, it is often required for treasurers to wear many hats and fit into a hybrid role. Listen in as Craig Jeffery and Paul Galloway discuss the mindset needed for maintaining a hybrid role.
70: What Is Fund Investing?
What is fund investing? Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer’s Senior Advisor Paul Galloway to talk about fund investing. They discuss the various types of funds someone can invest in, the differences between those types, who uses the funds, and the risk considerations.
#219 – The Strategic Treasurer Series: Mastering the Operational Role (Part 3)
Our previous episode on treasury roles covered the differences between the strategic and operational roles. Today, we will continue the discussion by looking at mastering the operations side. Your daily operational responsibilities are the financial backbone of your business. Craig Jeffery and Paul Galloway discuss the most common operational roles and activities, what mindset to have to succeed in these roles, and what you need to know to maintain efficiency.
#218 – Moonshot Technologies and Their Impact on Treasury (Ferguson plc & Bank of America)
New technologies are always showing up, but you need to keep an eye out for what are called “moonshots.” These radical innovations bring major changes to the way companies do business. In this episode, Craig Jeffery talks with Royston Da Costa of Ferguson plc and Tiffany Wan of Bank of America on how moonshot technologies will impact your role in treasury. Set yourself apart in your field by staying aware and informed on any revolutionary innovations.
#217 – Recent Volatility and Crosswinds: Treasury’s Response (AFL)
Supply chain disruptions, regulations, and war have brought an increased level of volatility to nearly all businesses. What actions are companies taking to respond and grow through this recent turbulence? In this episode, Holly Olson of AFL joins Craig Jeffery in a discussion on necessary adaptations and responses to our new business environment.
69: What Is Market Risk?
What is market risk? Jason Campbell catches up with Strategic Treasurer’s Senior Advisor Paul Galloway to discuss market risk. They cover what market risk is, the various types, how it’s used, and how it can impact valuations. Listen in and learn a little bit about market risk.
#216 – The Strategic Treasurer Series: Mastering the Strategic Role (Part 2)
In this second episode of our Treasury Roles and Developments series, we will discuss how strategic and operational roles differ. While it may be more practical to have staff members dedicated strictly to one or the other of these roles, many firms with smaller treasury departments need flexible employees who can transition between the two whenever needed. Paul Galloway and Craig Jeffery, of Strategic Treasurer, both weigh in on their previous experiences jumping between the two types of roles throughout the day.
#215 – Adding Value through Treasury Technology at UPS
Having a treasury function is necessary for any business of a certain size to manage money and financial risks, but it’s also important to turn that treasury function into a strategic asset for the business. Doing this requires accurate data and expertise. In this podcast, Craig Jeffery talks with Nicolas Garcia of UPS on a strategic view of treasury and technology. They look at having a proper mindset, developing a digital strategy, and applying the latest treasury technology to solve existing problems.
68: What Is Beta Investing?
What is alpha investing? Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer’s Senior Advisor, Paul Galloway, to continue their conversation on the Greeks with alpha investing. They discuss what alpha investing is and how the model is used by companies for investing. Listen in and learn a little bit about alpha investing.
#214 – The Strategic Treasurer Series: Treasury Roles (Part 1)
Treasury has many responsibilities. Some are highly operational and important, while others require a strategic outlook with a focus on relationship management and foresight. In this four-part series, we look at the strategic, operational, and hybrid roles of treasury. Listen in as Craig Jeffery and Paul Galloway of Strategic Treasurer kick off this new series.
#213 – CFO Dialogue on Assessing and Securing the Environment: A Series on Cyber Security (Mainetti & TD Bank)
There are two types of companies, those who have been attacked, and those who will be attacked. In this podcast, we look at a specific example of a fraud attack in the manufacturing sector. Joining Craig Jeffery on this podcast are Adrienne Terpak of TD Bank and Robert Dennerlein of Mainetti. They cover topics like assessing and understanding the threat, training, insurance, and assignment of roles.
67: What Is Alpha Investing?
What is alpha investing? Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer’s Senior Advisor, Paul Galloway, to continue their conversation on the Greeks with alpha investing. They discuss what alpha investing is and how the model is used by companies for investing. Listen in and learn a little bit about alpha investing.
#212 – Scenario and Sensitivity Analysis
Rising interest rates, geopolitical issues, inflation, and supply chain disruptions all play a major role in your decisions about acquisitions, product investments, and raising capital. Putting together a well-rounded analysis before making decisions may change how and when you approach each investment. In this podcast, Craig Jeffery and Paul Galloway of Strategic Treasurer discuss the differences between scenario and sensitivity analysis.
#211 – Synthetic Identities and a CISO View: A Series on Cyber Security (TD Bank & Exabeam)
A few years ago, most of our business was done in person, and your personal identity was showing up with your face and signature. As we move to a remote, digital work environment, creating Synthetic Identities is becoming easier and more common. In this podcast, Craig Jeffery of Strategic Treasurer talks with Jonathan Doskocil of TD Bank and Tyler Farrar of Exabeam on the importance of identity verification, education, and detecting compromised credentials.
66: What Are the Greeks?
What are the Greeks, and what do they have to do with treasury? Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer’s Senior Advisor, Paul Galloway, to discuss the Greeks. They discuss what the term refers to in treasury and how they are used to evaluate an open position’s risks as well as rewards. Listen in and learn a little bit about the Greeks.
#210 – The Overlap of Technology, Defenses, and Detection
Treasury owns cash, but do they need to know anything about penetration testing? Should scanning, testing, and monitoring be the responsibility of treasury or IT? Intellectual understanding and awareness of your group may be the difference between security and a loss of funds. On this podcast, Jason Campbell and Craig Jeffery discuss protecting your digital assets through testing and monitoring.
#209 – The Power of Networks (Deluxe)
Where is there value in networks? How do you optimize your use of networks? On today’s podcast, Craig Jeffery is joined by Chris Clausen from Deluxe Corporation for a conversation on the power of networks with a focus on accounts payable and accounts receivable.
65: What Is the Efficient Frontier?
What is the efficient frontier? Coffee Break Session Host Jason Campbell sits down with Strategic Treasurer’s Senior Advisor, Paul Galloway, for a conversation on the efficient frontier. They cover what the efficient frontier is and how the model is used by companies for investing. Listen in and learn a little bit about the efficient frontier.
#208 – TIS Acquires Cashforce
This recent acquisition of Cashforce is good news for investors and for the products offered by TIS. Paul and Craig of Strategic Treasurer discuss some of their thoughts on this change.
#207 – What Are the Disadvantages of Hurdle Rate?
Investments require a certain minimum rate of return to make them worthwhile. On this podcast, Craig Jeffery and Paul Galloway continue their discussion on investment returns with a specific look into Hurdle Rate.
#206 – Return of Capital vs. Return on Capital
Building on last week’s podcast on debt and equity, Craig Jeffery and Paul Galloway discuss the differences between the return of capital and the return on capital.
64: What Is Reverse Factoring?
What is reverse factoring? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss reverse factoring. They discuss what reverse factoring is and how it can be leveraged. Listen in and learn a little bit about reverse factoring.
#205 – Weighted Average Cost of Capital
A firm’s debt and equity are important components when investors are watching. What is the cost to fund your operations? What costs are required to make investments or develop new products? In this podcast, Craig Jeffery and Paul Galloway of Strategic Treasurer discuss your WACC or Weighted Average Cost of Capital.
#204 – Protecting the Flow of Your Business: A Series on Cyber Security
Cyber coverage is a cutting-edge product in the industry, but it is responding to a very dynamic threat. With the average cost of a cyber insurance claim now as high as $8MM USD, pressure is mounting for better cyber hygiene and security due diligence. In this podcast, Craig Jeffery sits down with Adrienne Terpak of TD Bank and two special guests from Sterling Risk to discuss key points on insuring your company against cyber-attacks, while protecting the flow of your business.
63: What Is Factoring?
What is factoring? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss factoring. They cover what treasury needs to know about factoring and discuss its uses. Listen in and learn a little bit about factoring.
#203 – Criminals Trick Bank to Send Customer Funds
Fraudulent attack methods continue to improve. Every security layer strengthened is met with a stronger, more thorough offense. In this episode, Jason Campbell and Craig Jeffery discuss two examples of fraud: the removal of a bank’s security services and a lengthy business email compromise ploy that led to direct communication with the company’s bank.
#202 – Security Standards Are Shifting: A Series on Cyber Security (TD Bank & Bottomline)
Host Craig Jeffery sits down with Jonathan Doskocil of TD Bank and Christopher Gerda of Bottomline Technologies for the second conversation in this series concerning cyber security. This episode covers topics including changing security standards, growing risks, and the duty placed on companies to protect their people, data, and assets.
62: What Is Dynamic Discounting?
What is dynamic discounting? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss dynamic discounting. They discuss what dynamic discounting is and how it can be leveraged.
#201 – Understanding Plans, Pains, and Spend: Non-Banking Financial Institutions
Seeking to understand the priorities, plans, and activities that financial institutions are focused on? On today’s podcast, host Craig Jeffery is joined by Steve Bullock, Vice President of Insurance and Financial Services at Kyriba, to discuss results from the 2022 Non-Banking Financial Institutions (NBFI) Survey. Topics of discussion center around technology, plans to spend, pain points, and more.
#200 – Speed of Fraud Escalated via Real-Time Payments
We are moving into a world of real-time payments. Criminals are adapting and using these new developments to facilitate fraudulent transfers before they’re detected and stopped. In this episode, Nicki Gillispie and Craig Jeffery of Strategic Treasurer discuss this rapidly growing issue as well as some of the long-term effects and influence of a permanent work-from-home environment.
61: What Is Supply Chain Finance?
What is supply chain finance? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss supply chain finance. They discuss what treasury needs to know about supply chain finance and how it can be leveraged. Listen in and learn a little bit about supply chain finance.
#199 – The Profitability of Securities Lending
In this episode, Craig Jeffery welcomes our newest Senior Consultant, Paul Galloway, to the team. This conversation centers around the must-know items regarding security lending and Paul’s previous experience in treasury. Listen in to find out more.
#198 – Challenges of Working Capital Management (Corcentric)
Craig Jeffery of Strategic Treasurer talks with Brent Kinman of Corcentric on key principles of working capital management, including how organizations achieve alignment between areas. There are several critical measurements of efficiency and the use of capital that allow organizations to understand how activities impact their performance.
60: What Is Same Day ACH?
What is Same Day ACH? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss Same Day ACH. They discuss what Same Day ACH is, how it can be leveraged, and how it is used today. Listen in and learn a little bit about Same Day ACH.
#197 – Simplify Your Workflow with Embedded Treasury
Embedded banking and embedded finance are newly established terms. Technologists tend to understand the meaning in a detailed manner, while treasury professionals’ levels of understanding vary significantly. In this episode, Nicki Gillispie and Craig Jeffery discuss what embedded treasury is and how it easily links systems or services to further streamline their experience.
#196 – Understanding Cyber Attacks and Strengthening Defenses: A Series on Cyber Security (TD Bank)
In this episode, host Craig Jeffery sits down with Jo K Jagadish of TD Bank to kick off this new series of conversations. This series will cover topics such as MITM, ransomware, and spoofing attacks and will review specific defenses and the mindset required to maintain commercially reasonable controls and leading practices and to maintain the human firewall.
59: What Is FedNow?
What is FedNow? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss FedNow. Their conversation covers what FedNow is and how it is impacting both treasury departments and companies. Listen in and learn a little bit about FedNow.
#195 – Key Data Points of Fraud, Technology, and Payments
In this episode, Nicki Gillispie and Craig Jeffery of Strategic Treasurer discuss fraud, technology, and payments. What are some of the most recent key data points and items of interest that treasury should know? Listen in to find out more.
#194 – Corporate Banking Digital Transformation Status: Underway, Future, Myth (InfoSys, Red Hat, & Bank of America)
In this episode, host Craig Jeffery leads a discussion on digital transformation and innovation strategies with treasury professionals from across the globe in London, Singapore, and Hongkong. Craig is joined by Sanat Rao of InfoSys Finacle, Vincent Caldeira of Red Hat, and Venkat ES of Bank of America. Listen in to hear more on technology, APIs, and open banking.
#193 – The Impact of the Ukraine Conflict on Treasury
Strategic Treasurer released a flash survey probing what implications the conflict in Ukraine has had and will have on treasury. With roughly 100 survey respondents, you will see results in the following categories: impacts already being felt, preparing for repercussions, economic & business concerns, and awareness & expectations.
58: What Is Cash Flow?
What is cash flow? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery to discuss cash flow. They discuss what cash flow is, and how it can be leveraged. Listen in and learn a little bit about cash flow.
#192 – The Future of Treasury Technology: AFP Panel Discussion
What are the most significant technology changes affecting treasury today? Live from Washington, D.C., at AFP 2021, Craig Jeffery of Strategic Treasurer LLC moderates a panel discussion on the “Future of Treasury Technology.” Joining him are Mitchell Thomas of FinLync, Evan Mahoney of GTreasury, Michael Kolman of ION Treasury, and Jo K Jagadish of TD Bank. If access to data is exploding due to new technologies, how do we make the most of it to reduce repetitive tasks? Listen in to find out more!
#191 – Digital Twins, Meta Reality, and Treasury (Ferguson plc)
On this episode of the podcast, Host Craig Jeffery continues his conversation with Royston Da Costa on the latest innovations in technology for treasurers. They discuss the growing online immersive experience through holographic images and the metaverse. Is there a potential impact for treasury with this technology? Is technology moving into treasury faster than before? Listen in to find out more.
57: What Do Business Intelligence Tools Do?
What do business intelligence tools do? Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss business intelligence tools, what they do, and how they can be leveraged. Listen in and learn a little bit about BI tools.
#190 – The Future of Treasury Payments: AFP Panel Discussion
On this special episode of the Treasury Update Podcast, Strategic Treasurer features its 2021 Fintech Hotseat discussion from the AFP Conference. Moderator Uma Wilson puts experts from technology firms, banks, and consultants in the hotseat to answer questions on the future of payments. How are regulations impacting payments? Does speed matter? How does the value of speed compare to other aspects of payments such as: information, finality? What makes for better payments? What current trajectory will end or fail? Which will accelerate? What are the implications with payments based upon trends in globalization, visibility, and open treasury?
#189 – 2022 Outlook Series: Global Technology & Operations (Microsoft)
On this episode of the 2022 Outlook series, Host Craig Jeffery joins Christina Easton, Director of Treasury Operations at Microsoft, to explore the global outlook on technology and operations. This dynamic discussion covers a wide range of topics including achieving leadership with global cash management, trade finance activities, the modernization of technology, and more. Listen in to this lively conversation about their expectations and insights for the year ahead.
56: What Is the Cash Conversion Cycle?
What is the cash conversion cycle? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss the cash conversion cycle. They discuss what the cash conversion cycle is and how it can be leveraged. Listen in and learn a little bit about the cash conversion cycle.
#188 – 2022 Outlook Series: Challenges Acquiring and Keeping Treasury Leadership (Raines International)
On this episode of the 2022 Outlook series, Host Craig Jeffery sits down with Allen Geller, Managing Director of Raines International, to discuss the global outlook on treasury talent. They discuss the challenges acquiring and keeping treasury leaders, market shifts with a view to staffing, hiring, and retention, and more. Listen in to this dynamic conversation to gain valuable insights on treasury talent for the year ahead.
#187 – Open Banking APIs Enhance Analysis Through Machine Learning-Powered Search (Trovata)
Host Craig Jeffery sits down with Joseph Drambarean, Chief Technology Officer at Trovata, to discuss how open banking APIs enhance financial analysis through machine learning-powered search. They share valuable insights on how your organization can break free from the grid by reducing manual workflows through automated data aggregation, so you can focus on strategic analysis that drives value for your business.
55: What Is Blockchain?
What is blockchain? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss this emerging technology. They discuss what blockchain is and how treasury can utilize it. Listen in and learn a little bit about blockchain.
#186 – Insured Deposit Accounts: Interest Rate Changes and Security (Landing Rock Cash Management)
On this episode of the podcast, Host Craig Jeffery continues a conversation with Bruce Bent II, CEO and President of Landing Rock Cash Management, on insured deposit accounts with a focus on interest rate changes and security. They explore the differences between holding a certificate of deposit (CD) and having an individual deposit account, how to navigate investment decisions between products, and what you must consider with short-term investment on security and compliance. Listen in to the discussion to find out more.
#185 – Primer: Insured Deposit Accounts (Landing Rock Cash Management)
On this episode of the podcast, Host Craig Jeffery sits down with Bruce Bent II, CEO and President of Landing Rock Cash Management, to discuss a primer on insured deposit accounts. They share foundational knowledge around CDs and insured deposit accounts, short-term investment options, federally insured cash management accounts, and more. Listen in to this insightful discussion to learn how to position yourself and your company for financial success.
54: What Is Digital Currency?
What is digital currency? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss what digital currency is, how it is being used, and some examples of digital currency. Listen in and learn a little bit about digital currency.
#184 – 2022 Outlook Series: Quantum Computing (Ferguson plc)
On this episode of the 2022 Outlook series, Host Craig Jeffery joins Royston Da Costa, Assistant Group Treasurer at Ferguson plc, to discuss the outlook of quantum computing. They explore this developing technology, discuss how it’s relevant to finance and treasury, reveal which companies are using it now and its impact on cybersecurity. Listen in to the conversation to find out more.
#183 – 2022 Outlook Series: Technology Outlook (Fluor)
On this episode of the 2022 Outlook series, Host Craig Jeffery sits down with Todd Yoder, Global Director of Treasury at Fluor Corporation, for an in-depth conversation on technology. They take a look back at 2021 treasury trends, and then forward to 2022 to discuss M&A market trends, technology and security, staffing shifts, and more. Listen in to this dynamic discussion to learn valuable insights for the year ahead.
53: What Is RTP?
What is RTP? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss RTP. They discuss what RTP is and how it can be advantageous from a treasury perspective. Listen in and learn a little bit about RTP.
#182 – 2022 Outlook Series: Payment Predictions (TIS)
Host Craig Jeffery kicks off the 2022 Outlook series with a conversation with Jon Paquette, Senior Financial Solutions Expert at TIS (Treasury Intelligence Solutions), on the outlook of payments. They discuss technology developments that will likely have the biggest impact on treasury in 2022. Listen in as they share what’s on the horizon with payments in the year ahead and beyond.
#181 – Treasury Review of 2021
Host Craig Jeffery, Managing Partner of Strategic Treasurer, gives a treasury review of 2021. He discusses the implications of major activities and trends over the past year and looks ahead to what’s next in the coming year. Tune in to the conversation to find out more.
#180 – Treasury Career Development (Treasury Webinars)
Host Craig Jeffery catches up with Ernie Humphrey, CEO of Treasury Webinars, on the importance of career development and brand management. They discuss the foundation of a successful job search, how to merge and build a personal and professional brand in today’s virtual environment, and how to create winning relationships in a changing world to make a positive impact. Listen in to this lively conversation to learn more.
52: What Is an IPO?
What is an IPO? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss IPOs. They discuss what IPOs are and how they can impact treasury departments. Listen to learn a little bit about IPOs.
#179 – Treasury News, Developments and Resources (CTMfile)
On this episode of the Treasury Update Podcast, Host Craig Jeffery sits down with CTMfile founder and editor Jack Large to discuss relevant content around treasury news, developments and resources. Listen in as they dive into the latest treasury trends and their new work together.
#178 – Becoming a Treasurer Series: Part 23 – Cash Boot Camp
On this episode of the Becoming a Treasurer series, author Craig Jeffery continues a mix of interviews around his book, The Strategic Treasurer: A Partnership for Corporate Growth. The chapter of discussion, entitled “Cash Boot Camp for Treasurers,” provides a practical approach to understanding different perspectives of cash, how accounting and treasury can live in harmony, and more. Listen in to this insightful discussion.
51: What Is Scalability?
What is scalability? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss scalability. Their conversation covers what scalability is, how we see it in treasury departments, and an example of how scalability can be applied. Listen in and learn a little bit about scalability.
#177 – How Real-Time Payments Revolutionize Cash Management (Trovata)
On this episode of the podcast, Host Craig Jeffery joins Joseph Drambarean, Chief Technology Officer at Trovata, to discuss how real-time payments revolutionize cash management. Their conversation convers the concept of immediate payments, the areas where payment innovation is happening, the importance of driving trust, and the payment revolution that is underway for the next generation. Listen in to this lively discussion to find out more.
#176 – Seismic Shifts in Healthcare (J.P. Morgan)
On this episode of the podcast, Host Craig Jeffery sits down with Drew Emrich and Julia McAllister, Executive Directors of J.P. Morgan, to discuss seismic shifts in the healthcare industry. They dive into a range of topics, including healthcare consumerism, shifts in care delivery models, growing adoption of data analytics and artificial intelligence, and more. Listen in to this dynamic conversation.
50: What Are Treasury Dashboards?
What are treasury dashboards? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss treasury dashboards. They cover what dashboards are and how they can be leveraged in treasury departments. Listen in and learn a little bit about treasury dashboards.
#175 – Effective Bank Account Management (TIS)
Host Craig Jeffery catches up with Jon Paquette, Senior Financial Solutions Expert at Treasury Intelligence Solutions (TIS), to discuss how to protect the doors to your most liquid assets. Topics of discussion center around the essentials for managing bank accounts effectively, common issues companies are facing today, innovative solutions for cash flow visibility and more. Listen in to find out how to position your company for financial success.
#174 – Cash Forecasting & Visibility Survey Results
Host Craig Jeffery meets with Roger Comins, Vice President of Product Management at GTreasury, to discuss the key findings of the 2021 Cash Forecasting and Visibility survey. They discuss top pain points for the modern treasury department, innovative technologies that help, and disruptions that add to the challenges. Learn what others in the treasury and finance industry are experiencing and doing to handle today’s challenges.
49: What Is Unclaimed Property?
What is unclaimed property? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner Craig Jeffery to discuss what unclaimed property is, what escheating it means, and how both of these are used. Listen and learn a little bit about this treasury topic.
#173 – Why the Beginning Matters for Working Capital Optimization (Coupa)
On this podcast episode, Host Craig Jeffery sits down with J.R. Robertson, Vice President of Coupa Pay at Coupa, to discuss why the beginning matters for working capital optimization. They cover and take a comprehensive look into the history of working capital management, the pain points and drivers for suppliers, the next evolution of financing and more.
#172 – Modernizing AR Processing Survey Results (Deluxe)
On this episode of the podcast, Host Craig Jeffery joins Rick Scholz, Managing Director of Payments Advisory Services at Deluxe Corporation, to discuss practices and plans for modernizing and automating accounts receivable processing. They examine the influence of recent disruptions, the calibration of various pain points that drive change, and other motivators. Listen for strategies that can help position your company for success.
48: What Is Petty Cash?
What is petty cash? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss what petty cash is and how it is used. Listen in and learn a little bit about petty cash.
#171 – Why Real-Time Cash Visibility Matters (Trovata)
On this episode of the Treasury Update Podcast, Host Craig Jeffery sits down with Brett Turner, CEO and Founder of Trovata, to discuss why real-time cash visibility matters. They explore Brett’s career journey in the start-up world, the concept of real-time, steps to achieving true cash visibility and ways to overcome key impediments. Listen in to find out how to access valuable cash insights to position your company for success.
#170 – Payment Fraud: Stacking Your Defensive Line (TIS)
Host Craig Jeffery catches up with Jon Paquette, Senior Financial Solutions Expert at Treasury Intelligence Solutions (TIS), to discuss the concept of stacking your defensive line against payment fraud. They dive into a discussion on the importance of payment security, protection layers, points of intrusion, mitigation strategies and more. Listen to find out how to better protect your organization against payment fraud.
47: What Is an API?
What is an API? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery to discuss APIs. They discuss what they are, how they have evolved, and how they can be used in Treasury. Listen and learn a little bit about API’s.
#169 – Treasury Mentors & Soft Skills (The Passionate Treasurer)
On this episode of the Treasury Update Podcast, Host Craig Jeffery speaks with Lee-Ann Perkins, Assistant Treasurer of The Passionate Treasurer, on the importance of treasury mentors and soft skills. They share meaningful insights on the necessary elements of mentoring, finding a trusted advisor, becoming a lifelong learner and paying it forward. Tune in to learn how to position yourself and others for career success.
#168 – Payment Fraud: Rules for Security (Coupa)
Host Craig Jeffery joins Rajiv Ramachandran, Senior Vice President of Product Strategy & Management, and Ahmad Sadeddin, Director of Product Management at Coupa, to discuss concepts featured in their eBook on Payment Fraud: Assessing & Responding to an Escalating Threat. Topics of discussion center around the current situation of payment fraud, the threat levels of various types of fraud, common areas of vulnerability, and rules for compliance. Listen to this episode to learn how to protect yourself and your organization against the rise of payment fraud.
#167 – Why TMS Should Be the Cornerstone of Your Treasury Transformation (GTreasury)
Host Craig Jeffery joins Ashley Pater, Chief Product Officer at GTreasury, to cover questions from their webinar on why a treasury management system (TMS) should be the cornerstone of your treasury transformation. They share valuable insights and examples on how to transition treasury operations to a modern and efficient technology stack, complete with automation and integration that allow organizations to focus on strategic tasks. Listen to find out more.
46: What Is the SWIFT Customer Security Program?
What is the SWIFT Customer Security Program? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Founder and Managing Partner, Craig Jeffery, to discuss what SWIFT CSP is and for whom it is designed.
#166 – 2021 B2B Payments Survey Results
Host Craig Jeffery sits down with Gunita Bindra, Vice President of Product Management & Partnerships at Bottomline Technologies, to examine the 2021 B2B Payments survey results. Topics of discussion center around shifting technologies, unique tactics and leading practices used by organizations across the payments landscape. Listen in to find out what corporations and banks are doing to optimize processes and maximize efficiency in the world of finance.
#165 – CTMfile Becoming Part of Strategic Treasurer
On this episode of the Treasury Update Podcast, Special Host Meredith Zonsius interviews Founder and Editor Jack Large of CTMfile and Founder and Managing Partner Craig Jeffery of Strategic Treasurer on the reasons and synergies for joining forces. Listen in as they describe their new work together and what lies ahead.
45: What Is PCI-DSS?
What is PCI-DSS? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss what PCI-DSS is, who needs to pay attention to it and how it can reduce the costs associated with fraud.
#164 – The Democratization of Programming: Tech Impact on Treasury & Risk
On this episode of the Treasury Update Podcast, Host Craig Jeffery joins Devanshu Bhatt, Sr. Vice President and Head of Treasury & Risk Solutions at Eka Software Solutions, to discuss how technology advances are impacting all aspects of our business lives and processes. Topics of discussion center around how low-code, no-code, app-based activities within a platform mindset are changing the technology and risk world and leading us closer to the democratization of programming. Listen to this engaging conversation to find out more.
#163 – Linking Treasury to Organizational Vision
On this episode of the Treasury Update Podcast, Host Craig Jeffery interviews Stephanie Villatoro, Global Officer of Treasury at International Justice Mission, on linking treasury to organizational vision. She shares an overview of her career journey to the non-profit world, the powerful mission of the International Justice Mission, and the opportunities and challenges treasury is facing today. Listen in to learn how to better position yourself for success and fulfillment in treasury.
44: What is ISO 20022?
What is ISO 20022? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss what ISO20022 is, how it’s pronounced, and how it has impacted the treasury world. Listen in and learn a little bit about ISO20022.
#162 – Understanding How to Network (Raines International)
On this episode of the Treasury Update Podcast, Host Craig Jeffery sits down with Allen Geller, Managing Director of Raines International, to discuss effective networking strategies. They discuss how to building strategic relationships and how to discover valuable insights to take your career to the next level. Listen in to this lively conversation to learn more.
#161 – Becoming a Treasurer Series: Part 22 – Communication: Mars and Venus
How can you minimize the communication conflict between treasurers and controllers? On this episode of the Becoming a Treasurer series, Author Craig Jeffery continues a mix of interviews around his book, The Strategic Treasurer: A Partnership for Corporate Growth. The chapter of discussion, “Communication: Mars and Venus,” explores the variety of ways the treasurer and controller see things differently. The reasons behind these differences are described and discussed, allowing for understanding between these two crucial financial players. Listen in to the discussion to find out more.
43: What Is Straight-Through Processing?
What is straight-through processing? On this episode of the Coffee Break Session, Host Alexa Cook talks with Craig Jeffery on what it is and some practical examples. Listen in to learn more.
#160 – Payment Transformations (SWIFT)
On this episode of the Treasury Update, Host Craig Jeffery joins Kalyani Bhatia, Head of Business Innovation for the Americas & UK Region at SWIFT, to examine payment transformations across the globe. They engage in a wide-ranging discussion covering the latest trends around payment challenges, optimizing newer technologies, enabling instant and frictionless payments, and more. Listen in to this lively discussion to learn how global banks are preparing to leverage new platforms.
#159 – Modernizing AP Processing Survey Results
On this episode of the Treasury Update Podcast, Host Craig Jeffery sits down with Chris Clausen, Executive Director of Product Management at Deluxe Corporation, to discuss practices and plans for modernizing and automating accounts payable processes. They examine the influence of recent disruptions, the calibration of various pain points that drive change, and other motivators. Listen in to the discussion to find out more.
#158 – Know Your Customer (KYC) for Corporates (SWIFT)
Why is KYC so important for corporates? Host Craig Jeffery sits down with Muriel Dewingaerden, Product Manager of KYC Compliance Services at SWIFT, to discuss KYC for corporates. They provide valuable insights on the evolution of KYC, the challenges corporates are facing today, streamlining the compliance process, KYC solutions and more. Listen in to learn how to protect your company from doing business with organizations or individuals involved in illegal activity.
42: What is Robotic Process Automation?
What is robotic process automation? On this episode of the Coffee Break Session, Host Alexa Cook talks with Craig Jeffery to discuss the key points and benefits of robotic process automation (RPA). Listen in to learn more.
#157 – Becoming a Treasurer Series: Part 21 – Being a Partner, Not a Vendor
On this episode of the Becoming a Treasurer series, Craig Jeffery is interviewed on a chapter in his book, The Strategic Treasurer: A Partnership for Corporate Growth. The chapter, entitled “Being a Partner, Not a Vendor,” lays the intellectual framework and reasons why treasurers must act as a business partner and use their unique strengths to support their organization’s overall success. Listen in to the conversation to learn more.
#156 – Strategies for Managing Treasury (AFL)
On this episode of the Treasury Update Podcast, Host Craig Jeffery sits down with Holly Olson, Corporate Treasurer at AFL, to discuss strategies for managing treasury. Topics of discussion center around treasury operations with a view to automated payments, risk management, support of global business units, fraud prevention and more. Listen in to learn effective strategies for optimizing treasury operations around the world.
41: Payment Messaging vs Payment Movements
What is payment messaging vs payment movements? Coffee Break Session Host Alexa and Craig discuss the differences and examples in this bite-size episode. Listen in to learn more.
#155 – Examining an Enterprise Payment Optimization Mindset (TIS)
Host Craig Jeffery joins Jonathan Paquette, Sr. Financial Solutions Expert at Treasury Intelligence Solutions, to discuss the concept of examining an enterprise payment optimization mindset. Topics of discussion center around payment pain points, innovative technology solutions, optimizing outbound payments, leading practices and more. Listen in to find out how to achieve global connectivity across banks, systems and providers while positioning your organizations for success.
#154 – Becoming a Treasurer Series: Part 20 – Envisioning Treasury in the Future
On this episode of the Becoming a Treasurer series, Craig Jeffery is interviewed on a chapter in his book, The Strategic Treasurer: A Partnership for Corporate Growth. The chapter, entitled “Envisioning Treasury in the Future,” takes a look at and makes predictions about what the future holds for treasurers. It explores what is expected to remain the same and what might change across several categories. Listen in to glean some treasury insights for your journey.
40: What Are POBO and ROBO?
What are POBO and ROBO? This week on the Coffee Break Session, Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss how POBO and ROBO are used and how your business could benefit from implementing them. Listen to this bite-sized episode to learn more!
#153 – Effective Recruiting Methods (Raines International)
On this episode of the Treasury Update Podcast, Host Craig Jeffery sits down with Allen Geller, Managing Director of Raines International, for valuable insights on how to utilize recruiters to position treasurers and organizations for success. They discuss effective recruiting methods, the importance of diversity in the workplace, strategies for placement success and more. Listen in to learn how to maximize your potential in today’s work environment.
#152 – Thoughts on Technology: An Interview with Microsoft’s George Zinn
On this episode of the 2021 Outlook series, Host Craig Jeffery interviews George Zinn, Microsoft’s recently retired Corporate Vice President & Treasurer. They explore his career journey in treasury, reflect on technology across several decades, and discuss his perspective on what differentiates aspiring treasurers. Listen in to this engaging conversation to find out more.
21: Post-COVID Travel Surges for Pleasure, but Not for Work (Period 20)
On this episode of the Global Recovery Monitor series, Craig Jeffery and Alexa Cook of Strategic Treasurer deliver Period 20 results from the Global Recovery Monitor. This update reveals new kinds of trends and data around the economy, staffing, travel, organizational liquidity and more. Listen in to hear some surprising expectations reported by the treasury and finance community.
39: What Are Debits and Credits?
What are debits and credits? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss debits and credits. They define what debits and credits are and discuss how they can be viewed differently from the customer side and the accountant side.
#151 – The Future of Work – Part 2
On this episode of the 2021 Outlook series, Host Craig Jeffery continues his interview with Camille Felton, Principal Team Leader of Financial Analytics & Automation at Chick-fil-A, to discuss the future of work told through data stories. Listen in to part two as they continue their conversation around innovative technology solutions through insightful case studies.
#150 – The Future of Work – Part 1
On this episode of the 2021 Outlook series, host Craig Jeffery sits down with Camille Felton, Principal Team Leader of Financial Analytics & Automation at Chick-fil-A, to discuss the future of work told through data stories. Topics of discussion center around new roles and developments at Chick-fil-A, innovative technology solutions, automation elements and insightful case studies. Listen in to this lively conversation to find out more.
38: What Are Disbursement Accounts?
What are disbursement accounts? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss what disbursement accounts are, how they are typically used, and who manages them. Listen in and learn a little bit about this type of account.
#149 – Research & Data Quality
Managing Director Craig Jeffery of Strategic Treasurer is interviewed on the importance of research and data quality. He explores leading practices and debunks misinformation around surveying tools and methodologies. Specific topics covered include longitudinal data, the depth of market research, significant sample sizes, accuracy, integrity and the problem of bot attacks. Listen in to know how to recognize quality data and detect misinformation in today’s treasury environment.
#148 – Banking and Treasury: Continual Redesign as a Mindset (Synovus)
Host Craig Jeffery sits down with Seth Marlowe, Senior Director and Head of Treasury Strategy at Synovus, to discuss the concept of continual redesign as a mindset with a view to banking and treasury. Topics of discussion center around digitalization of receivables and payments, the future of banking, new technology solutions and more. Listen in to this conversation for valuable insights into the banking world.
37: What Is Netting?
What is netting? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss netting. They discuss what netting is, what different types of netting there are, and some benefits of netting. Listen in and learn a little bit about netting.
#147 – Finance Optimization: Talking Changes with Cigna
On this episode of the 2021 Outlook series, Host Craig Jeffery sits down with Scott Lambert, Treasury Managing Director of Cigna, to discuss finance optimization and treasury transformation activities across the global health service company. Topics of discussion center around hybrid workflows, payment security, data optimizations projects and technology innovations. Listen in to this engaging discussion to learn more.
#146 – Becoming a Treasurer, Part 19: Learning from Literature: Enjoying Your Career Journey. J.M. Barrie’s Peter Pan
On this episode of the podcast, Craig Jeffery continues the Learning from Literature subseries featuring J.M. Barrie’s Peter Pan. This illustration expands upon the quote, “It is not in doing what you like, but in liking what you do that is the secret of happiness.” Listen in to learn some helpful tools, perspective and advice on how to enjoy your career journey in treasury.
#145 – Becoming a Treasurer Series, Part 18 – Losses & Fraud: What Can Keep Treasurers Awake at Night
On this episode of the Becoming a Treasurer series, Author Craig Jeffery is interviewed on a chapter in his book, The Strategic Treasurer: A Partnership for Corporate Growth. The chapter is called “Losses and Fraud: What Can Keep Treasurers Awake at Night.” Topics of discussion center around situations of great loss of assets and liquidity, examples of high profile fraudulent events, and guidance on how treasurers can best protect their organizations. Listen in and enjoy this popular series.
36: What Are Collection Accounts?
What are collection accounts? On this episode of the Coffee Break Sessions, Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery. They discuss what treasury needs to know about collection accounts, including what they are used for and who typically manages them. Listen in and learn a little bit about collection accounts.
#144 – Fintech Analyst Report Series – Part 3: Supply Chain Finance & Cash Conversion Cycle Solutions
In this final segment of the Treasury Update Podcast’s Fintech Analyst Report Series, Special Host Meredith Zonsius joins Managing Partner Craig Jeffery to discuss key takeaways from the Supply Chain Finance & Cash Conversion Cycle Solutions Report. Topics of discussion center around factors that affect and drive supply chain finance, today’s challenges and solutions, leading practices and more.
#143 – Fintech Analyst Report Series – Part 2: Treasury Aggregator
On this second part of the Treasury Update Podcast’s Fintech Analyst Report Series, Special Host Meredith Zonsius sits down with Managing Partner Craig Jeffery to discuss key takeaways from the 2020 Treasury Aggregator Analyst Report. They cover the pain points driving this technology, bank connectivity solutions, leading practices and more. Listen in to the discussion and enjoy the entire series.
20: One-Year Milestone (Period 19)
On this episode of the Global Recovery Monitor series, Special Host Meredith Zonsius joins Craig Jeffery and Alexa Cook of Strategic Treasurer to discuss period nineteen results from the COVID-19 Impact & Response Survey. With a full year’s worth of data reported, they continue their discussions on the current state of recovery with a view to economic, health and social developments. Listen in to learn the major factors impacting treasury and finance organizations today.
35: What Are Header Accounts?
What are header accounts? On this brief episode of the Coffee Break Sessions, Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery. They discuss what treasury needs to know about header accounts, including what they are used for and how they differ from concentration accounts. Listen in and learn a little bit about header accounts.
#142 – Fintech Analyst Report Series – Part 1: Treasury & Risk Management Systems
On this episode of the Treasury Update Podcast, Strategic Treasurer kicks off a 3-part podcast series on its Fintech Analyst Reports, revealing the latest developments and trends around new treasury and finance technology. Listen in to Part 1 as Managing Partner Craig Jeffery explores Treasury and Risk Management Systems.
#141 – Part 2: Treasury’s Support of the Business
Host Craig Jeffery continues the 2021 Outlook series with Royston Da Costa, Assistant Group Treasurer at Ferguson plc, in Part 2: Treasury’s Support of the Business. Topics of discussion center around liquidity during the depths of the pandemic and throughout the recovery, as well as key success factors to help navigate potential changes in the year ahead.
34: What Are Concentration Accounts?
What are concentration accounts? On this episode of the Coffee Break Sessions, Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery. They discuss the main purpose of concentration accounts, their benefits, how many you should have, and whether there is any risk in using them.
#140 – The Book of Alternative Data
On this special edition of the podcast, Host Craig Jeffery interviews author Saeed Amen on The Book of Alternative Data. They discuss methodologies and processes of leveraging non-traditional information sources in the context of investing, risk management and more. Listen in to learn the various uses of alternative data and how it can help you and your organization make better decisions.
#139 – Becoming a Treasurer, Part 17: Process vs. Silo View
On this episode of the Becoming a Treasurer series, author Craig Jeffery is interviewed on a chapter in his book, The Strategic Treasurer: A Partnership for Corporate Growth. The chapter is called “Process vs. Silo View” and covers vital treasury concepts around process efficiency, risk management and careful business advice. Listen in to learn successful treasury principles that will help equip you on your journey.
33: What Are Operating Accounts?
What are operating accounts? Join Host Alexa Cook and Craig Jeffery, Founder and Managing Partner of Strategic Treasurer, as they discuss what operating accounts are and who will be using them.
#138 – 2021 Treasury Fraud & Controls Survey Implications
Host Craig Jeffery joins Omri Kletter, Vice President of Fraud and Financial Crime at Bottomline, to discuss the results from the 2021 Treasury Fraud & Controls survey. This annual survey evaluates the current and projected impact of fraud on the finance and treasury environment. Practitioners from a broad range of industries are polled on their experiences with fraud and on the range of controls, safeguards and security practices employed to protect their financial assets and information.
#137 – Treasury’s Speed of Change
Host Craig Jeffery sits down with Royston Da Costa, Assistant Group Treasurer at Ferguson plc, for a wide-ranging discussion around physical and virtual learning environments, seismic shifts in technology and processes, escalating cyberattacks, and the drive towards greater transparency in today’s treasury environment.
32: What Are Intercompany Loans?
What are intercompany loans? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to consider what treasury needs to know about intercompany loans. They cover what intercompany loans are and discuss how they are typically used.
#136 – TMS Toolkit Series – Implementation: Pitfalls to Avoid
Host Craig Jeffery joins Mathilde Sanson, Chief Customer Officer of GTreasury, to discuss the final eBook of the TMS Toolkit Series, entitled Implementation: Pitfalls to Avoid. They consider this last hurdle organizations face in their journey to a new treasury management system and discuss the best way to ensure success – understanding the most common pitfalls and knowing the strategies to avoid them.
#135 – Diving into the Deep End: Talking Technology While Considering Financial Exposures
On this episode, Host Craig Jeffery kicks off the 2021 Outlook series with Todd Yoder, Global Director of Treasury at Fluor Corporation, for an in-depth conversation on technology, financial exposures companies are facing today, and their impact on treasury groups.
19: Vaccines Result in Positive Outlook (Period 18)
On this episode of the Global Recovery Monitor series, Craig Jeffery and Alexa Cook of Strategic Treasurer explore period eighteen’s results from the COVID-19 impact and response survey. This new data reveals how the news of vaccines resulted in a positive outlook across medical, economic and social fronts. It also covers shifts to top concerns, expectations on a global lockdown, and voluntary staff leave trends. Listen in to this important update reported by the treasury and finance community.
31: What Are Days Payables/Days Receivables?
What are days payables and days receivables? Coffee Break Session Host Alexa Cook catches up with Craig Jeffery, Managing Partner of Strategic Treasurer, to discuss this topic. They cover what days payables and days receivables are, why they are both important, and why treasury should care about them.
#134 – Becoming a Treasurer, Part 16: The Not-to-Do List and the To-Do List
On this episode of the Becoming a Treasurer series, Craig Jeffery continues the Learning from Literature sub-series, this week showcasing Robert Frost’s poem “The Road Not Taken.” This illustration covers the opportunistic situations treasurers can take advantage of, as well as intentional directions with a view to career choices and approaches to life and tasks. Listen in on how to make choices that lead you to the road of success.
#133 – Understanding, Measuring, and Managing Risk
Host Craig Jeffery joins Tony Krabill, Assistant Treasurer at Greif, for a conversation on understanding, measuring, and managing financial risk. This wide-ranging discussion covers the foundational elements of risk, including various types of exposures, organizational approaches, measurement and management methods, and effective hedging concepts.
30: What Is a Lockbox?
What is a lockbox? Coffee Break Session Host Alexa Cook catches up with Craig Jeffery, Managing Partner at Strategic Treasurer, to discuss what treasurers need to know about lockboxes. They cover what lockboxes are, how they differ in form, and why companies typically use lockboxes. Listen in and learn a little bit about lockboxes.
#132 – Becoming a Treasurer, Part 15: Use Momentum. Challenge Linear Thinking.
On this episode of the Becoming a Treasurer series, Craig Jeffery continues the Learning from Literature sub-series, showcasing Laura Ingalls Wilder’s Farmer Boy. This illustration covers creative ways to use momentum and challenge linear thinking with view to treasury processes and general life lessons.
#131 – 2020 Treasury Perspectives Survey Implications
Host Craig Jeffery sits down with Tom Gregory, SVP and Head of Treasury Management Sales at TD Bank, to discuss the findings from the 2020 Treasury Perspectives survey. For the third year running, this annual study polls treasury and finance professionals on their views regarding the economy, technology, industry innovation, and regulation to better understand top challenges and opportunities in the marketplace.
29: What Is a Payment Hub?
What is a payment hub? Coffee Break Session Host Alexa Cook catches up with Craig Jeffery, Managing Partner of Strategic Treasurer, to discuss what treasurers need to know about payment hubs. They cover what payment hubs are, how they differ from other technologies, and some of the ways treasury can benefit from using them.
#130 – 2020 B2B Payments Survey Implications
On this episode of the podcast, Host Craig Jeffery joins Brian Greehan, Senior Vice President of Channel and Network Success at Bottomline Technologies, to examine survey results around shifting technologies, strategies, and practices used by organizations across the Business-to-Business (B2B) payments landscape.
#129 – 2020 AFP Technology Panel Discussion
On this special episode on technology from the 2020 AFP Virtual Conference. Moderator Tom Gregory of TD Bank interviews Todd Yoder of Fluor Corporation, James Lock of J.P. Morgan Chase, Dr. Wolfgang Kalthoff of Coupa, and Craig Jeffery of Strategic Treasurer on the value of new technology and its potential future place in treasury management.
#128 – 2020 Treasury in Review
Craig Jeffery, Managing Partner of Strategic Treasurer, give us the 2020 year in review. As the new year approaches, he discusses the implications of activities to combat the virus that wreaked havoc earlier in the year for most areas of the economy and cover some elements of recovery while looking ahead to 2021.
28: What Is Benchmarking?
What is benchmarking? Coffee Break Session Host Alexa Cook catches up with Craig Jeffery, Managing Partner at Strategic Treasurer, to discuss benchmarking. They discuss the what benchmarking is, who uses benchmarking and how it is applied to treasury’s.
#127 – Payment Fraud: Assessing and Responding to an Escalating Threat – An Executive Guide Audiobook
On this special episode of the Treasury Update Podcast, Host Craig Jeffery narrates from Strategic Treasurer’s executive guide eBook, underwritten by Bellin, on Payment Fraud
#126 – Changing Expectations in Foreign Exchange
Host Craig Jeffery sits down with Ron Vodicka, Corporate FX Dealer at XE, and Steve Johnson, CFO at PMI Foods, to discuss the changing expectations in foreign exchange amid the COVID-19 pandemic.
27: How to Address Global Financial Risk?
How do you address global financial risk? Coffee Break Session Host Alexa Cook and Stephanie Villatoro, Senior Consultant at Strategic Treasurer, take closer look at natural hedging, commodity risk and the changes we’ve seen through 2020.
18: Voluntary Staff Leave Surprise
Craig Jeffery and Alexa Cook of Strategic Treasurer explore period seventeen’s results from the COVID-19 impact and response survey. This new data reveals surprising shifts in voluntary staff departures and a three-way tie in top concerns including staff safety protocols, access to adequate liquidity, and direct financial impact to businesses.
#125 – 2020 AFP Security Panel Discussion: Developments and Future Look
On this special episode of a 2020 AFP FinTech HotSeat, Moderator Dave Robertson, Managing Director of Deluxe Corporation, interviews Doug Cranston of Bottomline Technologies, Sylvia Rodee of Fifth Third Bank, Leigh Moore of Visa, and Craig Jeffery of Strategic Treasurer on new payment channels and types across the world.
#124 – Implications of Federal Reserve Actions for Investing and Borrowing
Host Craig Jeffery meets with Joe Dodi, VP and Treasurer at Health Partners Plans, to discuss the implications of the Federal Reserve’s actions for investing and borrowing amid the COVID-19 pandemic.
26: What Is Global Financial Risk?
What is global financial risk? Coffee Break Session Host Alexa Cook catches up with Stephanie Villatoro, Senior Consultant at Strategic Treasurer, to discuss global financial risk. They discuss what global financial risk can look like, giving insight into what treasurers can expect to see.
#123 – 2020 AFP Security Panel Discussion: Protecting the Payments Process
On this special episode of the Treasury Update Podcast, Strategic Treasurer features its 2020 Fintech Hotseat Security Panel discussion from the AFP Virtual Conference. Moderator Doug Hartsema of the Hartsema Group interviews Chris Gerda of Bottomline, Scott Lambert of Cigna, Mohammed Al-Zraiqat of Bottomline, and Craig Jeffery of Strategic Treasurer.
#122 – When the Going Gets Tough, Relationships Matter
Host Craig Jeffery speaks with Dr. Kathy King-Griswold, Associate Treasurer and Director of Treasury Operations & Compliance at the University of Rochester, on her personal journey navigating treasury challenges and opportunities amid the COVID-19 crisis. They explore the importance of relationships during disruptive events, the management of capital when income sources are severely impacted, challenges around remote work and technology, and more.
25: What Is Global Expansion?
Host Alexa Cook catches up with Stephanie Villatoro, Senior Consultant at Strategic Treasurer, to discuss what global expansion is and the implications it has for treasury. They discuss some considerations for treasury to keep in mind when expanding globally and cover relevant differences between countries.
#121 – Accelerating Towards the Future State with Leading Processes
Host Craig Jeffery joins Jonathan Paquette, Sr. Financial Solutions Expert, and Kevin Rice, Sr. Customer Success Manager of Treasury Intelligence Solutions (TIS), to discuss learning from challenges through customer case study examples showcasing global logistics and manufacturing companies, leading practices for addressing resource restrictions and technology roadblocks, and key insights for effectively assessing and implementing processes across various projects.
17: Optimism and Concerns
Special Host Alexa Cook catches up with Craig Jeffery on period sixteen’s results from the Global Recovery Monitor. This new iteration of the micro-survey showcases both optimism and concerns of organizational liquidity, today’s economic and health positions, upcoming elections and more.
#120 – Adaptation of Higher Education
Host Craig Jeffery joins Timothy Hesler, Assistant Treasurer of the Global Banking, Cash Management and Treasury Operations group of New York University, to discuss the adaptation of higher education amid the COVID-19 pandemic, including transitioning to the work-from-home environment and its impact on treasury and performance, responding to cyber fraud escalations, navigating technology challenges, and more.
#119 – Modernizing AP/AR Processing Survey Implications
Craig Jeffery meets with Managing Director of Deluxe Corporation Dave Robertson to discuss the 2020 Modernizing AP/AR Processing Survey results. They examine the mindset shifts and key findings around the influence of recent disruptions, calibration of various pain points that drive change, and other motivators to upgrade AP/AR processes.
24: What is Bank Account Management?
What is Bank Account Management? Coffee Break Session Host Alexa Cook catches up with Stephanie Villatoro, Senior Consultant at Strategic Treasurer, to discuss what Bank Account Management (BAM) is. They cover some of the key elements of BAM and how it can vary across the globe.
#118 – Finance as a Strategic Partner
Host Craig Jeffery joins Anita Mehra, VP of Global Financial Services at Microsoft, to discuss ways to support customers and key partners in the most critical times, innovative approaches for business and personal growth, and recommendations to ensure adaptability and resilience across organizations.
#117 – Stories from the Front: Escalating Fraud Attacks
Craig Jeffery speaks with Corporate Payment Expert Nithai Barzam, COO at nsKnox, on cybersecurity for payments and financials, fraud tactics and trends, system and infrastructure vulnerabilities, and advanced solutions to verify suppliers and prevent payment fraud. Listen in to learn how to protect your organization from cybercriminals.
16: Two Steps Forward, One Step Back, and Two Steps Sideways
Craig Jeffery and Alexa Cook of Strategic Treasurer explore the new release of period fifteen of the Global Recovery Monitor. This monthly update centers around the steady improvement of organizational liquidity, escalation of cyberfraud, changes to top concerns, and the current outlook on health and the economy.
23: What Is Open Treasury?
What is open treasury? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner Craig Jeffery to discuss the foundational elements of open treasury. They explore the purpose behind it, how it can be leveraged, and why it is important.
#116 – Becoming a Treasurer, Part 14: Learning from Literature: Measurements. Lewis Carroll
Host Craig Jeffery continues the Learning from Literature subseries expanding upon Lewis Carroll’s Alice’s Adventure in Wonderland. This illustration focuses on measurements with view to benchmarks, standards of good corporate conduct, and world-class practices. Listen in to learn how to successfully set measurements through the lens of literature.
#115 – Stories from the Front: Pandemic Impact on Payments
On this episode of the Stories from the Front series, Host Craig Jeffery sits down with Doug King, Payments Risk Expert at the Federal Reserve Bank of Atlanta, to discuss the impact of COVID-19 on payments, including consumer behavior, fraud tactics and trends, and response measures to mitigate and recover data breaches.
22: What Is Mobile Device Management?
What is mobile device management? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner Craig Jeffery to discuss the foundational elements of mobile device management. They share insights on how it can be positively leveraged and why it’s important to treasury.
#114 – Stories from the Front: The Cloud, Relationships and Staying Connected
Host Craig Jeffery joins Lena Pennington of BELLIN and Lee-Ann Perkins of ION Geophysical to discuss how they successfully managed through the onset of the COVID-19 disruption. They share insights and effective strategies around working from home, relationship management, liquidity planning, technology solutions and more.
#113 – Becoming a Treasurer, Part 13: Learning from Literature: Setting your Destination. Lewis Carroll
Craig Jeffery continues the Learning from Literature sub-series showcasing Lewis Carroll’s Alice’s Adventure in Wonderland. This illustration covers leadership principles and tactics on how to properly set your destination by taking purposeful action in the short and long view.
15: Back Towards Happiness
Craig Jeffery and Alexa Cook of Strategic Treasurer reveal period fourteen’s results from the Global Recovery Monitor. This new release shines a positive light on economic and health viewpoints. Top headlines include end-of-year job situations by industry, AR changes, outlook on liquidity positions, economic recovery estimates, and more.
21: What are Global & Emerging Payment Types?
Host Alexa Cook sits down with Stephanie Villatoro, Senior Consultant at Strategic Treasurer, to discuss both of these types of payments. They dive into some of the common payment types being used around the globe, new emerging payment methods and some pitfalls to watch out for.
#112 – Stories from the Front: The Oil and Gas Industry
The Treasury Update Podcast host Craig Jeffery kicks off this new series with LeeAnn Perkins, Assistant Treasurer at ION Geophysical, to discuss the impact of COVID-19 on the oil and gas industry at large and her story of how they are navigating this disruptive event.
#111 – Becoming a Treasurer, Part 12: Learning from Literature: Thinking & Analysis. A. A. Milne
What can Winnie-the-Pooh teach us about treasury? Host Craig Jeffery continues the Learning from Literature sub-series showcasing English author A. A. Milne’s Winnie-the-Pooh character. This thinking and analysis session covers concrete examples of persevering, focusing and being thoughtful while overcoming the bumps on your journey.
20: What Is a Treasurer?
Host Alexa Cook talks with colleague Melody Hart, Senior Consultant at Strategic Treasurer, to discuss the profession of a treasurer. Learn what is common for treasurer’s to do, some pathways to become a treasurer and more around their important role.
#110 – Becoming a Treasurer, Part 11: Learning from Literature: Risk. Robert Frost
On this episode of the Becoming a Treasurer Series, Managing Partner Craig Jeffery of Strategic Treasurer kicks off a sub-series called “Learning From Literature”. He showcases Robert Frost’s poem The Door in the Dark as a metaphor to discuss the lessons of risks.
#109 – Treasury Career Changes with Mike Richards
Host Craig Jeffery catches up with Mike Richards, Managing Director at The Treasury Recruitment Company and Founder & Host of The Treasury Career Corner, on treasury career changes amid COVID-19 and the current situation on treasury positions across the globe.
14: Are You Sitting Down?
Craig Jeffery and Alexa Cook cover the 13th period results from the Global Recovery Monitor. They go over how respondents feel about the outlook on health and economic positions, top concerns around work from home challenges, revenue level predictions, and more.
19: What Are Alternative Payment Types?
Host Alexa Cook meets up with Senior Consultant Stephanie Villatoro of Strategic Treasurer to discuss how alternative payments have evolved and how they are being used across organizations today.
#108 – The New Reality of Analytics and Compliance
Compliance and security matters are escalating in today’s business environment. Host Craig Jeffery talks with Scott Lambert, Treasury Managing Director of Cigna, on updating treasury organizations to reflect the new reality of analytics and compliance.
#107 – Becoming a Treasurer, Part 10: Responsibility Over Payment Security
On this episode of the Becoming a Treasurer series, Special Host Meredith Zonsius has a timely conversation with Craig Jeffery about the vital component of the treasurer’s responsibility over payment security.
#106 – The Rise and Fall of Carry: Author Interview 2020
On this special edition of the podcast, Host Craig Jeffery interviews coauthor Kevin Coldiron on the book, The Rise of Carry: The Dangerous Consequences of Volatility Suppression and the New Financial Order of Decaying Growth and Recurring Crisis. Listen in as they discuss the concept of carry and its historical and looming consequences.
18: What Are KPIs?
Coffee Break Session Host Alexa Cook catches up with Senior Consultant Melody Hart to discuss key performance indicators. They dive into the meaning and elements of KPIs and how they are typically used across organizations today.
#105 – A Dialog on Cybersecurity
Host Craig Jeffery has a crucial conversation with Royston Da Costa of Ferguson plc on how cybersecurity has escalated in importance over the past few years as criminals have become more automated, persistent and patient with larger financial payouts for their crimes.
13: Work from Home Challenges
Craig Jeffery and Alexa Cook cover the 12th period results from the Global Recovery Monitor. Top headlines include significant challenges in the work from home environment, vendor payments slowing down, organizational outlook on liquidity positions, economic improvements, and health and financial normalcy.
#104 – Wirecard: What Treasury Groups Must Learn
Special Host Meredith Zonsius interviews the author of The Strategic Treasurer: A Partnership for Corporate Growth, Craig Jeffery, on the Wirecard scandal. They discuss what led to this event, the early warning signs, and what treasury groups and C-Suite executives should learn from this situation.
17: What are Common Payment Types?
Coffee Break Session Host Alexa Cook talks with Stephanie Villatoro, Senior Consultant at Strategic Treasurer, to discuss how common payment types have changed over the last few decades, the various shifts taking place across the corporate’s use of them today, and more.
#103 – Continuous Learning in the Age of COVID-19: Real Learning through Virtual Conferences
The need for continuous learning remains critically important for treasury and finance leaders today. Host Craig Jeffery interviews Ernie Humphrey of Treasury Webinars on how virtual learning and networking is shifting in an era of social distancing with view to COVID-19.
12: Signs of Improvements: Getting Back to Work
Alexa Cook and Craig Jeffery cover the eleventh period’s results from the Global Recovery Monitor. They go into how treasury and finance professionals feel about their organization’s outlook on liquidity positions, economic improvements, time estimates for health and financial normalcy, and more.
#102 – Becoming a Treasurer, Part 9: Risk Management Concepts
On this episode of the Becoming a Treasurer series, Special Host Meredith Zonsius catches up with Craig Jeffery, Managing Partner of Strategic Treasurer, on both the conceptual and technical side to risk management.
16: What is Debt Compliance?
Coffee Break Session Host Alexa Cook meets up with Senior Consultant Melody Hart of Strategic Treasurer Senior Consultant to discuss the foundational elements of debt compliance.
#101 – Technology: Experimentation and Perspectives
Host Craig Jeffery catches up with Todd Yoder, Global Director of Treasury at Fluor Corporation, to discuss the experimentation and perspectives on newer technology. They take a closer look at how artificial intelligence and other innovative technologies are being leveraged to add profitable value to treasury today.
11: Signs of Improvements: AR, Orders, & Liquidity
Host Meredith Zonsius checks in with Alexa Cook and Craig Jeffery on the tenth period’s results from the Global Recovery Monitor. They cover insightful results from the micro-survey revealing signs of improvements with view to organizational liquidity, AR, orders, and economic shifts around the globe.
#100 – Foundational Visibility: Seeing is Knowing
On this 100th episode of the podcast, Host Craig Jeffery joins Jon Paquette, Sr. Financial Solutions Expert at Treasury Intelligence Solutions (TIS), to discuss the concept and imperative nature around foundational visibility in disruptive times.
15: What is a Blob?
Coffee Break Session Host, Alexa Cook, catches up with Craig Jeffery to discuss what treasury executives need to know about blobs. They also talk through the differences between a blob and other forms of data storage.
#99 – Becoming a Treasurer, Part 8: Being Intentional with Technology
Technology is a key tool in all areas of finance – treasury is no exception. On this episode of the Becoming a Treasurer series, Special Host Meredith Zonsius talks with Craig Jeffery, Managing Partner of Strategic Treasurer, on being intentional with technology.
10: Staff Safety Concerns Rise
Episode Host Alexa Cook checks in with Craig Jeffery on the eighth week’s results from the Global Crisis Monitor. They discuss the shift from crisis to recovery. Listen in to find out how treasury and finance professionals are making this transition.
#98 – The Treasurer Map: Plan the Work and Work the Plan
Host Craig Jeffery joins Lee-Ann Perkins, Assistant Treasurer at ION Geophysical, to discuss what treasury professionals can do to prepare and manage through challenging times.
14: What are Debt Instruments?
Coffee Break Session Host Alexa Cook catches up with Senior Consultant Melody Hart to discuss a high-level overview of debt instruments. They define debt instruments, its counter parties and different considerations for debt.
#GoStrategic Series: Go Strategic with Planning: Cadence and Structure
On part 7 of the #GoStrategic series, Special Host Meredith Zonsius speaks with Managing Partner Craig Jeffery of Strategic Treasurer on staying radically focused with a cadence and structure around planning and accomplishment.
09: Transitioning Out of Crisis
Episode Host Alexa Cook checks in with Craig Jeffery on the eighth week’s results from the Global Crisis Monitor. They discuss the shift from crisis to recovery. Listen in to find out how treasury and finance professionals are making this transition.
#96 – Tales from the Front: COVID-19 Impact on the Hospitality Industry
Host Craig Jeffery talks with Maria D’Alessandro, Executive VP and CFO at Hospitality Ventures Management, on the hospitality industry in light of the COVID-19 shutdown. They discuss the rapidity of how this disruption unfolded and impacted the business in days. The crisis immediately altered all of the key results and measurements in the hotel business and forced many changes that were both hard and necessary to ensure the organization could survive and recover when the crisis passed. The conversation touches on financial statements, employee impacts, new risks, regulation changes and even opportunities. Listen in to this frank discussion to gain insights for managing risks and responding to immediate threats whatever industry you are in.
08: Improving Situation
Alexa Cook and Craig Jeffery cover the seventh week’s results from the COVID-19 Impact & Response Survey. They discuss an improved economic outlook, continued concerns around health, and how organizations are shifting their priorities.
13: What is a Business Continuity Plan?
What is a business continuity plan? Coffee Break Session Host Alexa Cook joins Senior Consultant Melody Hart to cover this topic in a bite-size conversation. They define what it is and why it’s important to have them in a number of scenarios.
#GoStrategic Series: Go Strategic with External Relationships
On part 6 of the #GoStrategic series, Host Craig Jeffery catches up with Debbi Denison, Senior Consultant at Strategic Treasurer, on going strategic with external relationships.
07: More Daylight but Health Issue Extends
Alexa Cook and Craig Jeffery of Strategic Treasurer review the sixth week’s results from the COVID-19 Impact & Response Survey. These new results cover the new shifts on economic and health issues, what’s happening with finance projects involving tech firms and banks, the mindset on liquidity positions, and more.
#94 – Being a Treasury Learner with Focus and Humility
Host Craig Jeffery interviews Todd Yoder of Fluor Corporation on being a treasury learner. With the approach of focus and humility as a way to deepen knowledge, they share effective learning techniques and tactical ways to achieve success as a treasurer in today’s shifting environment. Listen in to the discussion to learn more.
06: Still Stormy with Signs of Daylight
Series Host Meredith Zonsius catches up with Alexa Cook and Craig Jeffery of Strategic Treasurer on the fifth week’s results from the COVID-19 Impact & Response Survey. This new iteration of the micro-survey focuses on reopening the economy and lifting the lockdown from a health, medical and economic standpoint. Listen in on this week’s results from treasury and finance professionals as we continue to monitor the situation.
#93 – How the COVID-19 Crisis is Reshaping and Accelerating Regulations and Compliance
On this episode of the 2020 Outlook series, Craig Jeffery talks with Tom Leitch, Vice President and Chief Operating Officer and Ian McNaughton, Head of Product UK, at TreasuryXpress to discuss how the COVID-19 crisis is reshaping and accelerating regulations and compliance.
05: Economic Distancing and Lockdown Length
Craig Jeffery and Alexa Cook explore the fourth week of results from the COVID-19 Impact & Response Survey. This new wave of responses reveals major issues impacting our industry.
12: What is a Data Lake?
Coffee Break Session Host Alexa Cook joins a Zoom meeting with Strategic Treasurer’s Managing Partner Craig Jeffery to discuss data lakes. They provide an overview of data lakes and describe its different uses.
#92 – Making AR Undisruptible
From the grounding of planes during 9-11 to hurricanes and snowstorms to COVID-19, major issues wreak havoc on AR processes and disrupt vital cashflow and impacts a corporation’s relationship with their customers. Host Craig Jeffery joins Managing Director Dave Robertson and Product Manager Beth Bourgoin of Deluxe Corporation to discuss the reasons for and concepts around making accounts receivable undisruptible. They share valuable insights on major issues disrupting AR processes today and technology-enabled solutions to position companies for success. Listen in to the discussion to find out more.
04: 1-Year Outlook Turns Negative
Special Host Meredith Zonsius catches up with Alexa Cook and Craig Jeffery of Strategic Treasurer on the third wave of results from the weekly COVID-19 Impact & Response Survey.
#91 – Architecting Modern Treasury Technology
Host Craig Jeffery joins Pete Srejovic, Chief Technology Officer at GTreasury, to discuss modern treasury technology. Topics of discussion center around market changes and expectations, new treasury requirements, the move to simpler and flexible models, security applications and more. Listen in to discover simple treasury solutions to better position your company for success.
03: Seven More Months Until Spring Arrives
Special Host Meredith Zonsius maintains social distancing by joining a web meeting with Managing Partner Craig Jeffery of Strategic Treasurer to explore the second wave of survey results from the weekly COVID-19 Impact & Response Survey.
11: What is Simple Treasury?
Coffee Break Session Host Alexa Cook speaks with Greg Parma a Vice President of Finance to discuss the foundational elements of simple treasury.
#90 – Moving ERP into the Cloud: Understanding Connectivity Strategies
On this episode of the 2020 Outlook series, Host Craig Jeffery meets with Jonathan Paquette, Sr. Financial Solutions Expert at Treasury Intelligence Solutions to discuss moving ERP into the Cloud. They engage in a wide-range discussion around the rapid growth of planned ERP migrations across organizations and banks today.
02: Growing Liquidity Concerns
Special Host Meredith Zonsius meets virtually with Managing Partner Craig Jeffery of Strategic Treasurer to discuss the first wave of survey results from the weekly COVID-19 Impact & Response Survey.
#89 – Forecasting the Future of Treasury with 2020 Vision
On this episode of the 2020 Outlook podcast series, Host Craig Jeffery sits down with Tracey Ferguson Knight, Director of Solution Engineering at HighRadius to discuss forecasting the future of treasury. They unveil the top focus area for treasurers in 2020 and discuss how to profitably overcome its biggest pain point.
01: A Special Podcast Series Amid COVID-19
Special Host Meredith Zonsius sits down at a socially safe distance with Managing Partner Craig Jeffery of Strategic Treasurer to discuss the launch of the series, Global Crisis Monitor.
10: What is a Controller?
What is a controller? Coffee Break Session Host Alexa Cook talks with Kyle York, Corporate Controller at Commercial Contracting Corporation, to discuss the roles of a controller.
#88 – Protecting Against Fraud
Host Craig Jeffery joins Chris Gerda, Risk and Fraud Prevention Officer of Bottomline Technologies to discuss the results and strategies from the 2020 Treasury Fraud & Controls Survey. Topics of discussion center corporate fraud concerns, security spend, hacking tactics, criminal innovation and more key findings.
The Human Element: A Vital Part of Secure Treasury
On part 5 of the #GoStrategic series, Guest Host Alexa Cook meets up with Craig Jeffery, Managing Partner of Strategic Treasurer, to discuss why secure treasury is vital across organizations today.
09: What is Float?
Coffee Break Session Host Alexa Cook sits down with Strategic Treasurer’s Managing Partner Craig Jeffery to discuss the different aspects of float.
#86 – What’s New in Cloud Adoption and Cybersecurity
On this episode of the 2020 Outlook podcast series, Host Craig Jeffery meets with Mark Tirschwell, Chief Information Officer of ION Treasury to discuss what’s new in cloud adoption and cybersecurity.
A Strategic View on Compliance
On this episode of the #GoStrategic series, Guest Host Stephanie Villatoro interviews Melody Hart, Senior Consultant at Strategic Treasurer, on how to transform an administrative burden by taking a strategic view on compliance.
08: What is FBAR?
Coffee Break Session Host Alexa Cook sits down with Melody Hart, Senior Consultant at Strategic Treasurer, to discuss FBAR on a high level.
#84 – LIBOR Replacement: AFP Action and Advice
LIBOR will sunset after 2021 as the most widely used base rate across the world. Host Craig Jeffery joins Tom Hunt, CTP Director of Treasury Services at the Association for Financial Professionals to discuss their action and advice on LIBOR replacement. They share valuable insights on how this change is having a massive impact on companies around the globe. Listen into the discussion to learn how AFP is helping companies know what is happening, when that impacts them, and how to successfully prepare.
Solving for Transparency with Merchant Cards
On part 3 of the #GoStrategic series, Host Craig Jeffery talks with Senior Treasury Consultant Stephanie Villatoro on the challenges of merchant card processing.
07: What is Merchant Card Processing?
Coffee Break Session Host Alexa Cook joins Stephanie Villatoro, Senior Consultant at Strategic Treasurer to discuss Merchant Card Processing.
#82 – Perspectives on Major Themes and Changes in the Industry
On this first episode of the 2020 Outlook podcast series, Host Craig Jeffery sits down with Ranjana Clark, who serves as Head of Global Transaction Banking and Transaction Banking Americas, and Bay Area President at MUFG, which is the fifth largest bank in the world with $2.9 trillion in assets.
Domestic and International Bank Fees
On part 2 of the #GoStrategic series, Host Craig Jeffery catches up with Senior Treasury Consultant Stephanie Villatoro to discuss bank fees on both an international and domestic level.
#80 – Trends in Treasury
Kyriba VP of Sales Steve Bullock meets up with Host Craig Jeffery to discuss trends in treasury. With a focus on financial services and insurance companies, they share profitable insights into these businesses and what other industries can learn from them in both domestic and global markets. Topics of discussion center around technology expectations, data accessibility, software solutions and more. Listen into this engaging conversation to learn more.
06: What Are Bank Fees?
Special Host Alexa Cook catches up with Stephanie Villatoro, Senior Consultant at Strategic Treasurer to discuss bank fees.
What It Means to Go Strategic
Managing Partner Craig Jeffery of Strategic Treasurer kicks off the new #GoStrategic series with part one on what it means to go strategic. He provides an overview on why this series is relevant to treasurers and treasury leaders in 2020 and beyond.
#78 – Preparing for LIBOR Replacement
Host Craig Jeffery kicks off the new year interviewing Jacqui Drew, Head of Sales and Account Management of ION Treasury on preparing for LIBOR replacement. They take an in-depth look at LIBOR and explore the background and situation that led to it. They also discuss replacement rates, the global impact on the market and more. Listen into the discussion to know what organizations should be thinking about and how to successfully prepare.
05: What is Liquidity?
Coffee Break Session Host Alexa Cook catches up with Craig Jeffery, Managing Partner of Strategic Treasurer, to discuss the elements of liquidity.
#77 – What Did Treasury Achieve in 2019?
Meredith Zonsius, co-host of the Treasury Update Podcast, interviews Craig Jeffery, Managing Partner of Strategic Treasurer on the 2019 year in review. As the new year begins, they take a look back on the hottest treasury topics and discuss what’s next in 2020. They cover an array of topics encompassing what treasury has been working on, thinking about and acting on in 2019. Also, they discuss how that influences the mindset and plans of treasurers as they look forward to 2020. Listen into this insightful discussion.
#76 – The Future of Treasury Technology: Fintech Hotseat Discussions
On this special episode, Strategic Treasurer shares highlights from its 2019 Fintech Hotseat Panel Discussion at the AFP Conference in Boston. Moderator Dave Robertson, Managing Director of Deluxe Payment Advisory Solutions joins Rick Burke, Head of Corporate Products and Services of TD Bank, Brian Greehan, VP of Bottomline Technologies, Ajith Thekadath, VP of Global Head B2B Connect Network at Visa, and Craig Jeffery, Managing Partner of Strategic Treasurer. Listen in as they discuss significant increases in payment volume, sustainability, real-time payments, complexity of payments and more. Enjoy the discussion.
04: What is eBAM?
Special Host Alexa Cook catches up with Craig Jeffery, Managing Partner of Strategic Treasurer to discuss electronic bank account management.
#75 – How AI and Machine Learning are being used in Treasury
Host Craig Jeffery leads an overseas interview with Viola Hechl-Schmied, Product Owner for Machine Learning at ION Treasury and Product Manager for ION’s Treasury Product ITS. They discuss insightful plans and a case study where treasury and treasury technology providers explore the use of machine learning. Listen into the discussion to find out what’s next for machine learning.
#74 – 2020 Treasury Fraud and Controls
Host Craig Jeffery interviews Chris Gerda, Risk and Fraud Prevention Officer of Bottomline Technologies on the current and projected impact of fraud on the finance and treasury environment. Topics of discussion center around corporate fraud concerns, security spend, hacking tactics, recent events, and the significant value of the 2020 Treasury Fraud & Controls Survey. Listen in to find out how you can better protect yourself and your organization against attacks.
03: What is EDI?
Special Host Alexa Cook meets up with Managing Partner Craig Jeffery of Strategic Treasurer to discuss the key elements of Electronic Data Interchange.
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