The Treasury Update Podcast

Your source for treasury insights and news, in your car, at the gym, or wherever you decide to tune in!

Episode 23 – Working Capital Solutions

On this episode of The Treasury Update Podcast, Craig Jeffery, Managing Partner of Strategic Treasurer and Edi Poloniato, Global Head of Working Capital Solutions of Kyriba discuss leading practices for corporate treasury to optimize working capital with an eye to both liquidity and profit.

Episode 22 – Treasury’s Journey in the Use of Robotic Process Automation

In this podcast Craig Jeffery of Strategic Treasurer interviews Camille Felton and Steven Peterson of Chick-fil-A about their journey in the use of RPA and bots. The discussion covers what activities they targeted, the results that were achieved, and where they are looking next. Their use cases include managing banking statements and data, accounts payable activities, and sales & use tax reporting. Driving efficiency means reducing manual processes and errors. Listen in as we discuss bots in the treasury context.

Episode 21 – The OpenText Treasury Transformation Story

Ever wonder what it takes to make a treasury project an award-winning treasury project? OpenText recently won four major awards including: Alexander Hamilton, EuroFinance, Adam Smith and an AFP Pinnacle finalist. On this episode of The Treasury Update Podcast, Craig Jeffery, the Managing Partner of Strategic Treasurer discusses treasury transformation with Jon Burkhead, the Senior Director of Global Treasury at OpenText. This particular transformation included: banking relationships, treasury technology, and banking structures. Listen in as they discuss key elements of the ongoing OpenText transformation story.

Episode 20 – Faster and Better Payments

How much attention do payment transactions get in your day-to-day life? As a consumer, perhaps very little. As a treasurer, quite a lot – but will that always be the case? Can you envision a world in which payments are dead? On this episode of the Treasury Update Podcast, Strategic Treasurer’s Managing Partner, Craig Jeffery, and TD Bank’s Head of Corporate Products and Services, Rick Burke, discuss the convergence of changes taking place in developing technology and its applications for treasury.  From enriched payment formats to faster and better payments, major shifts are occurring that will impact the future payment experiences of not only individual consumers, but also institutional transactions.  Listen in as they share valuable insights into the future of payments and how treasurers can be prepared for substantial and disruptive changes.

Episode 19 – Why Modern Treasury Technology Matters

Why does modern treasury technology matter? On this episode of the podcast, Strategic Treasurer’s Managing Partner, Craig Jeffery, and GTreasury’s Chief Product and Technology Officer, Alok Tyagi, discuss some of the largest challenges facing today’s digital treasury professional.  Listen in as they evaluate how technology is being leveraged to address these obstacles and learn of some ongoing innovations that will impact both the future use of these systems as well as future workflow realities for treasury operations.

Episode 18 – Empowering the Treasury Community

The role of the corporate treasurer is increasing in importance today.  On this episode of the podcast, Strategic Treasurer’s Managing Partner Craig Jeffery and ION Treasury’s Global Head of Corporate Development Alex Triplett share valuable insights on empowering the treasury community through operational best practices, machine learning techniques, and using data science to inform optimal decision making. They also discuss the benefits of the convergence of capital markets and the corporate community. Listen in as they explore how the treasury environment is being empowered through the innovative use of modern technology.

Episode 17 – What Makes Our Market Research Tick?

Over the past decade, Strategic Treasurer has worked diligently to develop an industry-wide treasury market research program, and today, nearly a dozen surveys are offered annually across topics including fraud, B2B payments, compliance, risk management, and technology. But what goes on behind the scenes? What is the ultimate goal of this research, and, most importantly – how is it being leveraged to drive greater understanding and awareness within the industry?

Episode 16 – Supply Chain Finance & Working Capital Insights for Treasury

This podcast will discuss the modern-day advantages of supply chain finance, with a focus on the impact that such programs have on treasury. The discussion will draw on the 2018/19 Supply Chain Finance Analyst Report to highlight how technology and supply chain finance intertwine, analyze the ways treasury can use SCF Technology to optimize liquidity and working capital, and explore the data behind what is ultimately driving growth in the supply chain finance industry today.

Episode 15 – AFP Annual Conference Preparations

How can a person successfully plan for the 2018 AFP Annual Conference in Chicago?  Learn how to best manage multiple events, networking opportunities, and business connections that will produce positive results.

On today’s podcast, Strategic Treasurer’s Communications Manager Meredith Zonsius interviews Managing Partner Craig Jeffery on how first-timers can best plan for this conference and what they are doing to kick-off this exciting event.

Episode 14 – Is Your Treasury Technology Aligned with Your Needs?

Treasury and payment technology continues to rapidly develop while companies have been spending heavily in this area. Many firms find that their technology is not aligned with their needs resulting in costly inefficiency and frustration. Technology changes coupled with numerous complexity factors require treasury professionals to use an approach that fully contemplates current and emerging requirements across the full technology stack. Strategic Treasurer’s managing partner Craig Jeffery talks with Kristin Robertson and Jamie Florio of Bottomline Technologies on both the causes of technology misalignment and ways to address these challenges effectively.

Episode 13 – Unique Challenges to NGO Treasuries

Non-Governmental Organizations, commonly referred to as NGOs, often operate globally, which involves a significant level of complexity. This complexity carries into treasury and dealing with remote banks, unique KYC requirements, and a wide-range of financial requirements. Strategic Treasurer’s Craig Jeffery interviews Stephen Zaubi of CARE International. Together they explore several challenges that NGO treasury groups address.

Episode 12 – Treasury Perspectives: Sensitivity to the Human Element in Security

Craig Jeffery of Strategic Treasurer talks with Tom Gregory, TD Bank’s head of treasury management sales. They discuss the fraud environment and current statistics. Most interestingly, they explore a range of real-life fraud cases that have had either happy or unhappy endings and provide guidance to your organization to improve your odds for the former.

Episode 11 – Understanding When Tax Equity Investments Matter

Building on Episode 5 of the podcast, we move from examining the tax credit side of tax equity investing to making more involved tax equity investments. This will explore some of the structures and participants across the tax equity landscape which includes affordable housing and environmental investing (renewable energy). In addition to the economic side of these investments, the discussion covers the environment, social, and governance aspects which are key drivers for many organizations.  Craig Jeffery, the managing partner of Strategic Treasurer, discusses these topics with George Strobel, the head of Monarch Private Capital.

Episode 10 – Managing Your Technology Implementation

Adopting treasury technology can generate migraines no matter the type of technology. This session will focus on the primary challenges of a treasury tech implementation with an emphasis on treasury management systems. It covers the main technological changes and how these changes have had an impact on companies deploying this technology. The focus on challenges will be coupled with key recommendations and information on how to either solve or alleviate the pain of implementations. The discussion is guided by Isaac Zaubi as he interviews Craig Jeffery on the firm’s experience on projects and in the industry, incorporating data from several multi-year surveys to help the audience understand and identifying trends and changes.

Episode 9 – Stand Up Straight: A Proper Posture on Cyber Security

Discrete actions to protect the organization against cyber security threats are necessary. In order to be most effective an organization must take an appropriate posture that is directed to their entire operation. The entire operation includes the perimeter, interior and off-premises data and system. The IoT (internet of things) can’t be ignored as it sits within this domain. Craig Jeffery, Strategic Treasurer’s managing partner, continues the conversation with Craig Callé a former banker and CFO now founder of the security firm SourceCallé. This session builds upon their first podcast called: Understanding the 2nd chapter of the cloud.

Episode 8 – The Moral Reason for Security

Different reasons can motivate different behaviors. Security can be driven by a standard of which you meet the minimum level required. Security can be put in place to protect the organization against loss. What about the good of the client? Managing client data and assets and organizational responsibility should provide at least equal motivation to secure the data, systems, building and people. Using examples from personal experience and stories from movies the reasons and motivations for good security are discussed in depth. In this podcast, Craig Jeffery caught up with Mark Cuneo in our offices again. This time it was to dissect what he means by the moral reason for security. Mark is a card security expert from CardConnect, a First Data Company.

Episode 7 – Security: Understanding the 2nd Chapter of the Cloud

The movement of functionality and services to the cloud has been underway for over a decade. It began with sales management and has extended to every area of the corporate world. This has created an opportunity for better services to become available to more companies. At the same time the challenges that are raised need to be addressed. These include issues of data protection in all domains and understanding security must extend beyond the internal data center. Craig Jeffery, the managing partner of Strategic Treasurer discusses these topics with Craig Callé, founder of the security firm SourceCallé and a former CFO of Amazon Digital Services and other companies.

Episode 6 – Why Compliance Makes You Vulnerable

Setting your target as compliance with a security standard like PCI-DSS or SWIFT-CSP means you are accepting an older standard as your minimum. In this podcast, Craig Jeffery interviews Mark Cuneo a card security expert from CardConnect, a First Data Company to explore why that target is a problem and what the proper security viewpoint should be.

Episode 5 – Expanding the Use of Tax Credits

This podcast introduces the fundamentals of Tax Equity Investing for corporations with a focus on tax credits. Tax equity investing aligns the interest of state and federal government (housing, energy, economic growth) and business (support for ESG and increased economic value). In this session, Craig Jeffery the managing partner of Strategic Treasurer interviews George Strobel the head of Monarch Private Capital to explore the motivations of government and corporate participants and mechanics of tax equity investments.

Episode 4 – FAQs in Treasury – Round #1

Listen to some answers to some of the most frequently asked treasury questions. These are submitted by various treasury and finance professionals. Topics include: forecasting, PSD2 impacts, and more.

  • 01:15 – Why are TMS not as strong as Excel for forecasting?
  • 07:57 – What is PSD2 and does it have any impact on those in the US?
  • 13:52 – Is eBAM a growing trend? What will it take to get it going?
  • 18:13 – What will it take to make checks disappear from the payments landscape?
  • 21:52 – How do treasury ERP modules compare to TMS systems?
  • 28:41 – Do you think blockchain will be a standard treasury tool in the next decade?

Episode 3 – Treasury Fraud & Controls Survey

Isaac Zaubi and Craig Jeffery discuss the 2018 Treasury Fraud and Controls Survey results. This session reviews the 3rd annual instance seeing trends, changes, response and intent to spend on controls and combating fraud.

Episode 2 – Discussing Treasury Technology with Craig Jeffery

Treasury technology is rapidly changing. In this podcast we cover perspectives and thoughts on technology developments and plans uncovered from survey results and numerous client engagements. These perspectives come to us in the context of overall economic sentiment and after multiple years of significant technology improvements. Opportunities abound!

Episode 1 – Treasury Fraud: What You Should Know

Crime pays better now than before since criminals find more ways to steal and wreak havoc. Treasury and IT must be prepared to confront the massive and growing threat. Hear what the criminals are doing and what your organization must do to change the calculus.

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Craig Jeffery, The Treasury Update Podcast
Craig Jeffery
Managing Partner
 
Isaac Zaubi, The Treasury Update Podcast
Isaac Zaubi
Publications Manager