Companies today are bracing for an era of increasing market uncertainty, interest rate and pricing fluctuations, and possible recession. In such times, forecasting needs to become a priority. How can proactive treasurers prepare and strengthen their cash forecasting practices for future unknowns? In this webinar, Strategic Treasurer and Trovata discuss leading practices for crafting a strong cash forecasting strategy and offer steps that you can take now to put your treasury team in an advantageous position to handle whatever turbulence lies ahead.
Companies grow and change at different rates. During growth phases, companies can reach a number of transition points where the adoption of new processes is an absolute necessity. Treasury has to both rise and adapt to meet the evolving needs of the organization.
As a company scales, developments need to be made across a number of areas. These include 1) relationships, 2) structures, 3) technology, 4) staffing, and 5) processes. This session will explore how treasury professionals can recognize points of transformation and opportunities to benefit their organization.
Whether you are relatively new to treasury or a seasoned treasury veteran, this session will deepen your understanding of:
• Key indicators that drive transformation (complexity and size)
• How treasury processes need to shift as an organization scales
• Technology that supports visibility, efficiency, and control
• Measurements your team should consider for KPIs
• What your treasury department could and should look like
• Best practices that need to be considered
In this webinar, Tracey Knight, the VP of Client Success at Trovata, and Craig Jeffery, Managing Partner of Strategic Treasurer, will discuss strategies and methods you can use to streamline bank account management, optimizing both relationships and operational activity in the face of complexity and growth. By leveraging automation technology to consolidate cash balances and transactions into a unified platform, your treasury can achieve greater operational efficiency and understanding of cash flows while better allocating spend.
As a task that is both vital and challenging for treasury, cash forecasting is an area where leveraging effective tools can make a massive difference. Forecasting using spreadsheets consumes more time than most treasury departments can afford, and human errors and inaccuracy can often still plague the final results. This webinar will discuss how machine learning (ML) and application programming interfaces (APIs) can power more efficient and effective forecasting. Details covered will include pattern detection and analysis through ML, APIs and aggregation, and automation and updating, as well as discussing technological expansions into scenario planning and auto-tagging.
This webinar will delve into how open banking APIs are empowering organizations to increase the speed, accountability, and transparency of their payment operations. The session will cover everything from payment process automation and matching for policy to visibility, costs, and fees, as well as the timing and confirmation integration involved in RTP.