The Treasury Update Podcast

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 with questions such as the following: What new technologies do you see becoming a huge trigger for change in the next few years? Is private equity taking firms private part of an ongoing, increasing trend? Which will dominate in the following year: new growth, or consolidation? They also share perspectives and ideas on how treasury can make the most of these changes. Want to watch the video version? Click here. MODERATOR Paul Galloway of Strategic Treasurer, LLC SPEAKERS Rodney Nilson of Bottomline Technologies Mitchell Thomas of FinLync Todd Yoder of Fluor Corporation Craig Jeffery of Strategic Treasurer, LLC

In this episode, 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? Listen in to find out.

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. Listen in and learn a little bit about asset-backed debt.

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. Go to https://www.workingcapitalforumeurope.com/ for more information about the event on 01-December 2022 and to register.

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.

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.

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. Paul McMeekin is VP of Marketing, Paymode-X for Bottomline Technologies Find more information in this article: B2B payments survey shows big strides from big businesses

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. To hear Kevin's previous episode from July 2020, listen to episode #106.

What is debt funding? Coffee Break Session 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.

In this episode, 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.

Everyone benefits from smoother, more efficient communication rails. Accountability, visibility, and effective collaboration are all improved when you can quickly leave feedback in a clear and organized manner. Ernie Humphrey of Treasury Webinars joins Craig Jeffery in a discussion on software design to enable treasurers to mitigate time spent on the phone and time spent searching for disorganized information.

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).

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.

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. Listen to the first episode from this group where they cover moonshot technologies and their impact on treasury.

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).

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.

This episode is Part 4 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.

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.

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. Listen in and learn a little bit about fund investing.

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. Read more on moonshots here.

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.

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.

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.

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.

What is beta investing? Coffee Break Session Host Jason Campbell continues his discussion with Strategic Treasurer's Senior Advisor, Paul Galloway, on the Greeks. This week, they focus in on beta investing. They cover what beta investing is and how the model is used by companies for investing. Listen in and learn a little bit about beta investing.

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.

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.

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.

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.

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.

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.

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. Get involved with the payments surveys: strategictreasurer.com/surveys

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. Listen to Chris's previous episode on Modernizing AP Processing Survey results

What is an 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.

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. Download our recent eBook on Payment Security & Fraud Prevention - The Principles of SECURE CLAMPS.

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. Download our recent eBook on Payment Security & Fraud Prevention - The Principles of SECURE CLAMPS

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. Download our recent eBook on Payment Security & Fraud Prevention - The Principles of SECURE CLAMPS

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.

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.

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. Today's speakers are: Craig Jeffery of Strategic Treasurer Adrienne Terpak of TD Bank Michael Fleischer of SterlingRisk Josh Weisberg of SterlingRisk Reinforce your human firewall here. And download the Payment Fraud eBook

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.

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. Download the eBook here.

Organizations of all sizes are under persistent attack and surveillance at an increasing level. Understanding these attacks and strengthening our defenses must include a process of steady updates to our systems, processes, and team members. In this episode, 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. Listen to the first episode here.

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. Listen in and learn a little bit about dynamic discounting.

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. Our Non-Banking Financial Institutions Survey, underwritten by Kyriba, polled NBFI professionals on complexity, technology, exposure management, and assets, plans, pains, spend, and focus. You are invited to read through the top ten items from the research and see what is dramatic and notable, as well as what hasn't changed much. Download the report here.

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.

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.

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.

In this episode, 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. https://www.corcentric.com/

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.