10:00 AM CT
COVID continues to impact our lives, and our working practices are no different. Has the traditional treasury department changed how it operates and where staff are based as we live with COVID? In this session, we will analyze the results of our inaugural Elire Treasury Survey to determine the impact COVID has had on working practices and skills today’s treasury team needs.
Attendees will learn how the treasury department maintained remote work, what skills treasury staff now need, and if the technology infrastructure needed by the treasury team changed or changing in the COVID environment.
Top 3 Attendee Takeaways:
Presenters: Carlos Conde, Treasury Center of Excellence Lead at Elire Inc. & Colin McAlpine, Treasury Practitioner
*Approved for up to 1.2 CTP recertification credits by the Association for Financial Professionals at the rate of one credit for each 50 minutes of attendance.
11:00 AM CT
Working remotely, working from home, or back to the office? Over the past 3 years we have seen a seismic shift in working patterns. Is this a permanent change, temporary or a mixture? Dynamic, volatile, mega-inflation all make Treasurers lives interesting and challenging. But does this mean that long overdue pay rises are the current norm and what happens next?
10 years ago, you had a personal reputation that was carefully crafted and took years of hard work and dedication to build. Now your personal brand can be built and ruined in five minutes. What do treasury professionals need to do to prepare themselves?
Top 3 Attendee Takeaways:
Presenter: Mike Richards, CEO & Founder at Treasury Recruitment Company
1:00 PM CT
Today’s economic and financial environment introduces risks requiring proactive planning and financial management. Cash Forecasting as a tool is critical to financial liquidity management and analysis for the best use of an organization’s resources. This session discusses the strategies and best practices for maximizing your Cash Forecasting tools and how to avoid related common pitfalls. This session will cover the power of Cash Forecasting, strategies for effective Cash Forecasting, best practices to avoid common pitfalls, as well as how to maximize your available tools for proactive analysis and best use of organizational liquidity management.
2:00 PM CT
Managing payment risk has always been important, but now more than ever it is the process around it has become complex; and exposure is heightened due to the rapid pace of globalization. With increased use of technology, new risks are constantly emerging. Fraudsters are active trying to find ways to penetrate at a point in transaction process to commit fraud.
To prevent losses and negative impacts to their bottom line, a company needs to put preventive measures in place to mitigate different types of risks (fraud, operating & Settlement-related) throughout the payment process (initiation, execution, and settlement).
In this session, we’ll discuss the factors that expose payments to risks, different types of risks associated with payments, risk assessment process for payments, and how to take action to manage payment risks.
Presenter: Sudeep Sharma, Treasury Advisory Practice Lead at Elire Inc.
3:00 PM CT
As one of the available options, businesses often use treasury infrastructure and bank connectivity to blind route payment files generated in ERP. These payment files involve different payment methods such as checks, ach and wires generated primarily by Accounts Payable team. The benefit is twofold: efficiency in the file transmission process where the business uses a single system infrastructure to connect and communicate with various banks, while saving money by not having to maintain separate connectivity and communication channels with banks for payments processed by Treasury and Accounts Payable teams.
ERP integration needed for payment processing typically requires expensive customized interface design and build. The process often involves in-house expertise to deliver requirements. In-house infrastructure requires ongoing burden of IT support and maintenance. Maintenance of hard-coded payment format logic is required and there is limited visibility of payment status in ERP.
As an Integration-as-a-Service solution tool, FIS ERP Connector can simplify integration approach for a Treasurer. This FIS technology includes APIs and machine learning for rapid deployment with minimal IT effort. The integration to ERP is secure and monitored and supported by FIS delivering real-time notification of interface errors and reporting full payment status to ERP. Attendee’s will explore:
• Integration challenges with ERP
• Reasons for FIS ERP Connector being integration solution with ERP
• Security and timeliness of ERP Integration
• Workflow and reporting related to payments generated in ERP
• Flexibility and adaptability of FIS ERP Connector to meet a business’ specific needs
Top 3 Attendee Take Aways:
Presenters: Lance Gartner, Senior Business Solution Consultant at FIS & Sudeep Sharma, Treasury Advisory Practice Lead at Elire Inc.
As check issuance continues to decline in the United States, and opportunities to make faster payments both domestically and globally increase, it is not just banks that are available to help corporates make payments cheaper and more efficient. This session will help attendees to understand what drove the increase in payment Fintechs in Europe, what is Open Banking, the background of how Currency Cloud changed the back-office landscape of bank, and what is the future/opportunities for corporates making cross border and domestic payments electronically.
Top 3 attendee Takeaways:
Treasurers are unlocking the power of data to make better business decisions. When dealing with larger, more complex data sets from new data sources (“big data”), oftentimes the challenge of navigating and analyzing these data sets leads to the underutilization of key insights. Data Visualization gives the ability to absorb information quickly, improve insights and make faster decisions. The importance of data visualization for the modern treasurer cannot be overlooked. This session will provide an overview of data visualization in today’s market, including an overview of two primary data visualization tools (Power BI and Tableau), as well as an overview of data processing and analytics with Alteryx.
Presenters: Jesse Taylor, Data and Analytics Focus Area Lead & Alvaro Sanson, PeopleSoft Treasury Practice Lead at Elire Inc.
The evolution of technology plays a pivotal role in creating a continuously changing digital world—be it in the consumer space with self-driving cars or in the corporate space with distributed ledgers and artificial intelligence.
Artificial intelligence (AI), blockchain, cloud technologies, and big data are the buzzwords treasurers keep hearing about, but are often misunderstood. How can treasurers understand the true potential of these technologies and apply them to their own environments? How should treasurers prepare for a future that is, in many ways, already here?
Join Valerio Trinchi as he dispels myths surrounding AI and discusses real-life scenarios of how technology can transform treasury departments into more proactive and strategic partners to the business.
Presenter: Valerio Trinchi, AVP Growth Initiatives at HighRadius
Access to information, whether foreign currency exposures, liabilities, sales, or assets is more challenging and more important than ever. Pricing, rates and uncertainty are creating challenges for CFOs and finance leadership making strategy take a back seat to reactive uncertainty. Finance can drive better support for operational business units and increased capabilities in the form of decision-making and giving the CEO insights to make better decisions. Learn how technology gives finance better cash flow forecasting and integration with API integrations and connective capabilities that feed forecasting and liquidity transformation
Presenter: Brian Blihovde, Senior Director Product Marketing at Kyriba
In today’s marketplace, most payment hubs are embedded within corporate ERP solutions which are transitioning to cloud software as a service (SaaS). In this transition to cloud, treasury functions like payment hubs are no longer the primary focus of cloud ERP solutions. This provides an opportunity to move payment processing to an independent solution that provided real-time internet-based communication with banks and other financial institutions and includes industry-standard security protocols. Elire’s BankBridge Payment hub solution offers this as a connectivity service without the timeline and complexity of implementing a full 3rd party treasury workstation solution. In this session, attendees will learn:
Top 3 Attendee Takeaways
An in-depth understanding of the true complexity of bank integration, including bank-specific formatting requirements, payment transmission methods, and encryption security requirements.
Value of having a single integration point to a payment hub, which allows for the outsourcing of bank integration complexities, freeing up staff hours for more value-add work
Rapid implementation capabilities allow for users to quickly add and change new bank relationships and scale up to include all integrations. This allows you to add all required bank relationships, not just your most active, getting you to 100% automation
Presenter: Mike Graham, Success Hub Practice Lead at Elire Inc.
Mr. Conde serves as Elire’s Treasury Center of Excellence Lead overseeing Elire’s SaaS Treasury, ERP Treasury, and Treasury Advisory Services Practices. Mr. Conde has 25+ years of diverse Treasury Implementation and Advisory Services expertise and is recognized as a Trusted Advisor and Thought leader in the Treasury Space.
Mr. Sharma serves as Elire’s Treasury Advisory Services Practice Lead and has 25 years of expertise as a Treasury, Finance, and Technology advisor and implementation consultant.
Dara is a Kyriba Certified consultant with implementation expertise in Kyriba system Core/Cash modules. As a Consultant, Dara has led projects to success. As a Global Treasury Professional for 15 years, Dara held management and supporting roles in Global Cash Management, Risk Management, Payments and Banking.
Mr. Sansón is an Elire Partner leading Treasury Implementations and Optimizations for Elire’s valued clients. Alvaro has 25+ years of Treasury expertise and is recognized as a Trusted Advisor for Treasury in the Healthcare, Education, and Public sectors.
Mr. Graham serves as Elire’s Success Hub Practice Lead, delivering and managing the creation of Elire’s proprietary tools and custom applications to drive organizational success for our clients. Mike has 25+ years of corporate finance and ERP system expertise including Oracle EBS, Cloud, and various TMS systems.
Jesse Taylor is a Managing Consultant and Data Analytics Focus Lead in Elire’s Management Advisory Services Practice. With years of experience in data integration and software, Taylor has led teams to deliver high visibility projects with the use of Kibana.
Mike Richards is the CEO & Founder of the Treasury Recruitment Company. Established in 2002, The Treasury Recruitment Company are the only truly Global Treasury Recruitment firm in the world. They recruit at all levels within Corporate Treasury from Treasury Analyst to Treasury Director for multinational corporates, consultancies and a range of financial institutions.
Their company website is www.TreasuryRecruitment.com
As Kyriba’s Senior Director Product Marketing, Brian is an experienced advisor on Treasury Management Systems sales and marketing, innovation and the evolution of corporate treasury through the application of leading practice process and system design. Brian has led numerous global implementations and process transformation projects involving the design, development, configuration and integration of ERP and cloud-based treasury systems for global, MNC clients.
Their company website is www.kyriba.com
Valerio is a professional with 20+ years of experience in treasury, finance, and capital markets in the US and overseas. As a practitioner, he covered the spectrum of hands-on treasury activities, and as a consultant, he was instrumental in building a successful treasury technology practice, building a deep knowledge of treasury automation and the landscape at large.
He is now leveraging all his previous experiences at HighRadius, applying new technologies to automate treasury processes and create the platform of the future.
Their company website is www.highradius.com
Lance Gartner is a Senior Business Solution Consultant with FIS SaaS Treasury. Lance has over 8 years of experience in the Corporate Treasury and Payments space where he recently managed an operational Treasury team for a fortune 500 energy company and was also responsible for implementing a new TMS.
Prior to moving to the Treasury Technology industry, Lance started his career with Deloitte working globally for 6+ years in the accounting and capital markets consulting practices. He is based in Denver, Colorado.
Their company website is www.fisglobal.com/en/
Mr. McAlpine has more than 30 years of global banking, treasury and finance experience – both as a Practitioner and Engagement Manager leading large teams of implementation consultants.
Stay in the Know – Industry experts will provide overviews of trends and key factors that are evolving the modern treasury function and how they may affect your organization
View Treasury and Finance Product Information – ETE includes demos and presentations from many trusted technology providers in the market, giving you the time to connect with these vendors and learn more about their solutions to your business needs in a casual environment
Gain Actionable Insights – Access survey data and industry KPIs to help build a business case for Treasury transformation or technology enhancements for your organization