The Treasury Update Podcast

On this episode of the Seismic Shifts in Corporate Treasury series, Host Craig Jeffery leads the discussion with Seth Marlowe, SVP Strategist at Wells Fargo with the Treasury Insights Consulting Group on new technology disruption. Listen in as they discuss the primary cause and effects of these disruptions on treasury and what treasury needs to know today to get ready.

Companies are facing a significant amount of payments pain as they grow and expand their global footprint. On this episode, Host Craig Jeffery leads the discussion with Roger Comins, Senior Product Manager at GTreasury, on understanding these challenges and finding ways to address them, both internally and externally. Listen in to learn what is changing for payments, what matters and how it's impacting organizations, treasury professionals and the end-to end customer experience.

This episode details the journey of a busy Treasury professional's career and the skills and tools used to meet goals and balance work requirements and career development. Lee-Ann Perkins, Assistant Treasurer at ION Geophysical shares how she manages to get stuff done with Host Craig Jeffery while moving up the treasury maturity model. Listen in as they explore methodical and meaningful lessons that will help position you for success both on a personal and professional level.

There are numerous events disrupting treasury and payment processes. On this episode of the Seismic Shifts in Corporate Treasury series, Host Craig Jeffery talks with MUFG's VP and Senior Product Manager of Real Time Payments Jennifer Stanley and Manager of Product Management and Development Group Sachin Thaker on faster payments. Listen in as they explore key payment process pain points, examine the new payment scheme landscape and look at how these changes are transformative through a business-to-consumer case study with real-time payments.

Companies are feeling the pressure to adapt to new payment requirements and achieve results. Host Craig Jeffery talks with Bob Stark, VP of Strategy at Kyriba to discuss key findings into their 2019 Global Payments Survey. This research provides a comprehensive view of the global payments environment with a focus on the treasury function and identifies which technologies and processes are top of mind now and in the coming years. Listen in to find out more.

This eBook provides an extended look into the practice of cash forecasting, with analysis of both the primary challenges impacting treasury as well as the key solutions that companies can implement to alleviate their strain and enhance their workflows. » The Purpose of Forecasting & Common Methods » Seven Key Challenges to Forecasting Accurately » Top Techniques and Tools for Forecasting » Looking Forward: Leveraging Machine Learning » Improving Results: Moving Beyond Forecasting » Evaluating Your Next Steps For visual reference, Download the eBook here: https://strategictreasurer.com/accurate-cash-forecasting-ebook/?source=eBookPage

On this episode of The Treasury Update Podcast, Managing Director of Strategic Treasurer Craig Jeffery shares valuable insights into the most frequently asked questions in treasury. Topics of discussion center around Accounting, Hedging, Working Capital and more. Join us as we listen into the continuation FAQ's in Treasury with Round 3. 01:20 – Does accounting matter in Treasury? Where does it matter? Should treasury book the accounting entries? 07:00 – Do you want your hedges to make money? 11:13 – Any differences between publicly held companies vs. private with view to hedging? 13:40 – Do you want more working capital or less? 17:08 – What are the different perspectives of finance?

On this episode of the Seismic Shifts in Corporate Treasury series, Craig Jeffery visits with JP Morgan Chase's Managing Director James Lock and Executive Director Simon Abtalion to explore major changes and disruptions impacting treasury and the finance industry today with a focus on Higher Education and Healthcare. Join us as we listen in to their discussion of major shifts happening across these industries and how these are also impacting other types of organizations.

This new episode of the Treasury Update Podcast is part of our exciting Seismic Shifts in Corporate Treasury series. From technology and payments innovations to compliance and operational shifts, major changes are occurring in our industry today, with some already making formative impacts and others still in the "tremor" stage, signaling future hits. Listen in as Managing Partner Craig Jeffery of Strategic Treasurer reveals insights into how regular data, tagged data, and big data are major contributors to these seismic events creating tectonic transitions and deep-seated shockwaves throughout the treasury industry.

On this episode of the podcast, Managing Director Craig Jeffery of Strategic Treasurer covers some of the most frequently asked questions in treasury. Topics of discussion center around API's, Working Capital, Robotic Automation and more. Listen in to the continuation FAQ's in Treasury with Round 2. 01:27 – How are TMS systems better than excel for forecasting? 05:26 – What are API's and why should treasury care? 11:54 – What treasury events should I go to? 16:22 – RPA is Robotic Process Automation: What do I need to know?

Cross-border payment services is not only growing rapidly, it is morphing significantly from its initial conception. On this episode, Host Craig Jeffery talks with Daniel Lynch, Payments Innovation Manager at SWIFT GPI on the current situation of international payments. Topics of discussion include the uptake of GPI, new developments, and the plans for expanding the value of proposition. Listen in and learn how these new developments are important to corporate treasury groups and bankers.

What are companies doing to improve efficiency, controls, and overall B2B Payments process? On this episode of the podcast, Host Craig Jeffery sits down with Andrea Eaton, VP of Marketing at Bottomline Technologies to discuss the 2019 B2B Payments Survey Implications. This survey reveals developing trends on plans to spend, adopt technologies and achieve organizational goals. Listen in to find out more.

Treasury is thinly staffed and needs resources. On this episode of the Becoming a Treasurer Series, Craig Jeffery is interviewed on how to secure the resources you need to become successful in treasury environments. He provides valuable insights into key areas including people, technology and access to optimize productivity in your organization. Listen in to learn more.

Expectations around payment methods are changing—customer experience is now a major driver, as well as cost efficiency concerns in insurance companies. Host Craig Jeffery sits down with Karen Molly, VP & Treasurer of Northwestern Mutual to discuss solving payment challenges by taking an end-to-end view. This approach provides maximum value not only for treasury, but also many other payment-intensive organizations. Listen in and enjoy the discussion.

On this episode of the podcast, Craig Jeffery speaks with Ernie Humphrey, CEO of Treasury Webinars on the topic of Treasury Success in Today's World. With a focus on both relationships and technology, they explore how the role of treasury is evolving and key success factors that are essential to help equip treasury professionals today. Listen in to find out more.

How do treasurers effectively drive change across an organization? On this episode of the podcast, Craig Jeffery talks with Todd Picken, Treasurer at MassMutual to discuss the joys and opportunities of treasury transformation and how both need to be tempered with a dose of reality. From treasury operations to customer experience, they share valuable insights to help navigate real change across treasury environments. Topics of discussion center around achieving success through paying for transformation, moving the culture forward and getting technology to work. Listen in to find out more.

On this episode of the podcast, Craig Jeffery speaks with Ernie Humphrey, CEO of Treasury Webinars on the topic of Owning the Cash Conversion Cycle. With a focus on both relationships and technology, they explore how treasury, accounts payable and accounts receivable can best partner to optimize the cash convergence cycle and align KPI's to support the overall success of organizations. Listen in to the discussion to find out more.

Global payments are presenting organizations with new challenges and opportunities. On this episode of the podcast, Craig Jeffery engages with Bob Stark, VP of Strategy at Kyriba on the massive changes underway in payments. They collaborate on financial strategies, technology changes, new tools and other key factors that are driving significant payment changes on a global scale. Listen in to the discussion.

What should a Treasurer think about when putting together a dynamic team? On this must-listen episode of the Becoming a Treasurer series, Craig Jeffery shares teambuilding tips you shouldn't miss. Whether you're building a team or revitalizing an existing one, his valuable insights into handling each scenario, as well as well as any differences arising from an organization's culture, category or complexity—will ensure you find the right people with the optimal skillsets to effectively support your treasury goals. Listen in to learn more.

Curious about treasury talent trends and how they may impact your career? On this episode of The Treasury Update Podcast, Craig Jeffery interviews Treasury Talent Founder and Director Simon Lynch on shifting landscapes across the industry on a global scale. Topics of discussion cover the rise of treasury roles among non-bank lenders, the executive demand for relational soft skills in a data-driven world, and the predictions you need for a successful future in treasury. Listen in to find out more.

Does managing bank fees seem like a daunting endeavor? On this episode of the podcast, Managing Partner Craig Jeffery sits down with Senior Treasury Consultant Stephanie Villatoro to discuss the necessity of regular management review, the importance of fee differentiation, and the value of market awareness on both an international and domestic level. Listen in to find out how to maintain proper bank fee oversight.

Nearly all organizations are keenly focused on forecasting. For well over a decade, it has been a top priority for companies. And, they spend far too much time working on their forecast. They run into a variety of pitfalls which impact their forecasting ability, accuracy, and value. Craig Jeffery of the Treasury Update Podcast talks with Mike Zack of GTreasury on the key factors of forecasting success. With a step-by-step approach, they discuss how to systematize your forecast, avoid pitfalls, enhance global visibility and maybe even reduce fraud losses. Listen in to find out how you can better position your organization for success.

How is the future of treasury talent changing? Craig Jeffery sits down with Mike Richards of The Treasury Recruitment Company to discuss the future of treasury talent and what it takes to have a successful career path. From personal branding techniques to goal-setting, they explore what treasury professionals need to know to stay visible and marketable today. Listen in to find out how you can take your career to the next level. Mike Richards is the CEO and Founder of The Treasury Recruitment Company. They specialise in recruiting corporate Treasury professionals for leading businesses across the globe and they have been doing this since 2002. He also hosts a podcast called The Treasury Career Corner where he talks to leading treasury professionals about how they first started in treasury, where they are now and where they see both themselves and the treasury profession going next more details here https://treasuryrecruitment.com/podcast He is a regular speaker and presenter at treasury conferences around the world discussing a variety of topics relating to the world of treasury and treasury recruitment.

On this episode of the 2019 Outlook series, Craig Jeffery sits down with Executive Director Bob Leggett and Senior Portfolio Manager Mike Cha of Morgan Stanley to discuss the 2019 Q2 Corporate Investment Outlook. They take a deeper look at the major shifts in short-term investing, the use of various instruments, and a number of macro shifts continuing to take place this year and beyond. Listen in to the discussion.

How can treasurers communicate effectively? On this episode of the Becoming a Treasurer series, Craig Jeffery covers key principles to help treasurers navigate internal and external communication challenges. From working with CFO's to banks, he shares a practical view on having a clear purpose in your communication that will help drive decisions and achieve overall success within your organization.

On this episode of the podcast, Craig Jeffery sits down with Royston Da Costa, Assistant Group Treasurer at Ferguson PLC to discuss the topic of the impact of fraud on treasury practices. This insightful interview covers the biggest challenges on cyber fraud today, treasury's responsibility to protect, and the leading practices to safeguard corporates and banks from an array of vital threats. Listen in on the discussion.

Although technology automation is being touted as the next pivotal step for treasury groups to maximize efficiency, such initiatives only work if the proper internal structure and workflows are established prior to implementation. On this episode of the podcast, Craig Jeffery sits down with Lee-Ann Perkins, Assistant Treasurer of ION Geophysical to discuss how to modernize treasury operations from a decentralized and manual treasury structure to a centralized and automated structure as experienced working for a global geoscience company. Listen in as they explore enhanced treasury solutions.

On this second episode of Diving into Data, Isaac Zaubi and Craig Jeffery of Strategic Treasurer examine an additional round of key findings uncovered through the company's 2018 industry surveys. Topics of discussion center on how corporate preferences and uses of mobile banking apps have shifted over time, what areas of compliance treasurers are most concerned about heading into 2019, and where elevated spend in financial technology is projected to occur over the course of the next year. Listen in on the discussion.

On this episode of the 2019 Outlook series, Craig Jeffery speaks with CEO and President Cedric Bru of Taulia on the continued evolution of supply chain finance. Growing awareness of and access to SCF technology has democratized financing options such that even small organizations can now benefit from the network effect of these tools. Cedric shares insights into Taulia's global expansion as well as his take on how companies can manage working capital and optimize cashflow. Listen in to discover what organizations need to know about SCF in 2019.

On this episode of the 2019 Outlook series, Craig Jeffery sits down with Paul Higdon, Co-CTO, and Michael Kolman, Head of Business Development, of ION Treasury to discuss their expectations for 2019. Paul and Mike provide insight on the reemergence of money market funds, LIBOR, the rise of open banking, predictive technology and machine learning, while explaining their notable significance from a treasury management perspective. Why should treasurers be aware of these topics and what will be their impact on their organization? Listen in to find out.

In 2019, treasurers are feeling more secure and able to defend their organization against fraud, but fraud still exists. Craig Jeffery of Strategic Treasurer sits down with Chris Gerda, Risk and Fraud Prevention Officer and James Richardson, Head of Market Development of Bottomline Technologies to discuss the 2019 Treasury Fraud & Controls Survey Results. They describe how making and receiving secure payments should and should not look, along with other ways some need to step up and take action to prevent fraudulent behavior occurring in their organization. Listen in to their discussion.

Description: How can treasurers maximize the speed of treasury in 2019 and beyond? Craig Jeffery interviews Vice President and Chief Operating Officer Tom Leitch of TreasuryXpress on new methodologies and treasury systems that will increase speed dramatically, improve efficiencies, and scalability. Listen in as they discuss real-life examples on how treasurers can remove friction and accelerate the speed of treasury.

On this episode of the podcast, Craig Jeffery sits down with Royston Da Costa, Assistant Group Treasurer at Ferguson PLC to discuss the background of digital challenges facing treasury today. They provide valuable insights on how treasurers can harness potential technology to capture the data within their companies and groups to evaluate the forecast they desire more effectively. Listen in as they advise on a digital strategy for treasury.

On this episode of The Treasury Update Podcast, Isaac Zaubi sits down with Craig Jeffery to analyze and discuss some of the key findings obtained through Strategic Treasurer's 2018 industry surveys. Topics of discussion include the challenges associated with cash forecasting, trends related to treasury technology use, and how corporate fraud experiences differ according to company size. Listen in on the discussion.

On this episode of the 2019 Outlook series, Craig Jeffery sits down with David Pierce, Managing Director of Global Hedging Products at GPS Capital Markets, who has appeared on CNBC to discuss the impact of foreign exchange exposures on the US economy and worldwide. Listen in as they share valuable insights into macrotrends and developments taking place for the coming year.

You can only keep your eyes on so many things. What do you need to focus on for operational activities, macroeconomic changes, and treasury projects you are driving? For optimal vision, we need depth perception. And, for depth perception to be acute, we need measurements. On this episode of Becoming a Treasurer, Craig Jeffery is interviewed on various types of measurements and standards while starting to explore the practice of setting goals and challenging your team. Listen in to the discussion on treasury measurement.

Managing bank relationships often looks very different depending upon the side of the table you are sitting. Banks are quite formal in their approach to ensure a lasting multi-level institutional connection. Most treasurers lean toward the informal side of the spectrum of relationship management categorizing their relationships in tiers. On this episode of the podcast, Craig Jeffery and Stephanie Villatoro of Strategic Treasurer examine the business of bank relationship management. Listen in on the discussion.

You got the job as Treasurer. Congratulations. What do you need to do now to lay the groundwork for success for the coming years? In this episode of the Becoming a Treasurer series, Craig Jeffery covers the conceptual roadmap to making your first few months in this role count. This discussion covers a variety of areas including staff planning, inventorying the issues and addressing them systematically, understanding differences required in your communication and establishing success. Listen in on the discussion and enjoy the entire series.

Since the financial crisis was well underway, the volume of regulations impacting treasury has been unprecedented. Are treasury groups current? Are they prepared to monitor impending regulations and emerging compliance requirements? In this episode of the podcast, Strategic Treasurer's Craig Jeffery and Melody Hart explore some of the newer regulations and their impact: from KYC, Sanction Management, GDPR, Dodd-Frank and FBAR. Listen in on the discussion.

Part 1 in the Becoming a Treasurer series explores the varied and non-linear path of most treasurers and outlines two key areas a person pursuing the position of treasurer. Craig Jeffery of Strategic Treasurer is interviewed by Meredith Zonsius on two necessary elements for everyone preparing to be a treasurer. This includes the mindset required and the varied experience or capacity. Listen in on the discussion and enjoy the entire series.

When it comes to working capital management there are two primary perspectives: balance sheet and income statement. Failing to properly optimize working capital can hinder an organization's ability to generate profit or it can create liquidity challenges. 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.

Discussing the concepts of robotic process automation and machine learning is fun. The reality of the use of robotics can sometimes seem distant. When those concepts are applied to real-life treasury situations, it becomes more intellectually exciting and practical. 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.

Ever wonder what it takes to make a treasury project an award-winning treasury project? On this episode of The Treasury Update Podcast, Craig Jeffery 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.

How much attention do payment transactions get in your day-to-day life? On this episode of the podcast, Craig Jeffery of Strategic Treasurer's 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. Listen in as they share valuable insights into the future of payments and how treasurers can be prepared for substantial and disruptive changes.

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.

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.

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? On this episode of the podcast, Strategic Treasurer's Craig Jeffery and Isaac Zaubi discuss how these industry surveys are being used to drive market research forward and how interested practitioners can get involved.

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 the what is ultimately driving growth in the supply chain finance industry today. What is supply chain finance How does SCF mesh with treasury's overarching goals or strategies? (As opposed to AP, AR) Provide an example of a modern-day scenario involving the use of SCF (Dynamic discounting) The data and techniques behind how SCF impacts working capital and liquidity Touch on state of SCF tech industry today, how fintech solutions are shaping landscape, and SCF report as a source to learn more about the space (also to look out for upcoming revamped 2019 SCF industry survey)

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.

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.