Session 3

Monday, April 3rd
Room 201
2:30pm – 3:30pm
Executive – FP&A Renewal Credit

Tony Carfang, Managing Director, Treasury Strategies
Ian Rasmussen, Senior Director, Fitch Ratings

Session Description

After money fund reform corporate treasurers are faced with increasing choices in alternative investments from government money funds to bond funds to separate accounts. Investors will need to weigh various features of these investment products with their own cash management strategies and whether investment policies and cash segmentation strategies need to be re-evaluated.

This discussion will provide an update for corporate treasurers and treasury professionals on alternatives available for managing cash.

  • Government vs Prime MMFs and alternatives – discussion of the characteristics of each
  • Structuring cash and building a long-term strategy – what are industry trends for building a successful investment strategy?
  • Significant market developments that will further impact cash investing – Basel III, interest rates, EU reform

At the same time these changes are happening, corporate treasurers are facing a host of other challenges impacting cash management, including low yields, bank regulations, and a shortage of supply. Staying abreast of these changes and strategically adapting are critical.

This session will focus on concrete comparison of various cash management products, and important ways investment strategies can be updated to reflect the new cash management environment.

Monday, April 3rd
2:30pm – 3:30pm
Intermediate – FP&A Renewal Credit

Craig Jeffery, Managing Partner, Strategic Treasurer

Session Description

Supply Chain Finance Landscape (SCF) is increasingly important to treasury and most organizations. Yet, it is impossible not to regularly hear different terms surrounding SCF if you live in treasury or finance. Understanding the various players and models is a challenge complicated by the fact that nearly every bank and SCF vendor explains everything from their perspective. We are left with a wide range of definitions and confusion about various models for addressing core SCF requirements.

This session will provide a complete view of the landscape allowing attendees to understand the range of options and models that exist or are emerging within the SCF space. This session will borrow heavily from the new 2017 Supply Chain Finance Analyst Report.

Monday, April 3rd
Lone Star A
2:30pm – 3:30pm
Intermediate – FP&A Renewal Credit

Enrique Calderon, Executive Director and Assistant Treasurer, Fluor
Jeff Diorio, CTP, Director, Treasury Strategies
Thomas Gavaghan, Manager, NORAM Presales, Kyriba

Session Description

Forecasting is always at the top of Treasury’s to-do list – either implementing a good forecast process or improving what already exists.  The reasons vary from efficient liquidity utilization to hedge effectiveness. Companies that have let their forecasting lapse, or that have relied on cash calendars, need to reinstate a forecasting discipline. There are numerous benefits, and it can be less complicated than you think!  This session will highlight factors that allowed Fluor to leverage technology to create a more robust cash forecast. We’ll discuss:

  • Different types of forecasts, approaches to data gathering/modeling/compilation
  • The use of technology to improve forecasting
  • The issues associated with each part of the forecasting process and alternate approaches to create, update and refine your forecasting process

Monday, April 3rd
Lone Star B
2:30pm – 3:30pm

Steve Riddell, Senior Manager of Payment Strategy, Active Network
Greg Schaub, Managing Director, Merchant Services, J.P. Morgan

Session Description

This presentation addresses the following question:  how can merchants use payments to transform the consumer experience as part of their evolving business strategy and objectives?

Consumer expectations are changing and the emerging payment landscape reflects this. Payments are a crucial part of transforming the consumer experience. Approaching payments strategically can help businesses grow, manage costs and prepare for the future.

Monday, April 3rd
Lone Star C
2:30pm – 3:30pm

Meitra Aycock, VP, Commercial Credit Product Management, Comdata
Susan Kittrell, Controller, Chuy’s

Session Description

So you’re thinking about implementing an ePayables program (also known as virtual credit cards or virtual payments) or changing your current provider. This is the first step to a hopefully beautiful and successful new partnership, but how do you know which provider is the best fit? While we can’t pick your provider for you, we can offer a few important points of consideration.

This presentation will provide insight and best practices into the following:

  • What an ERP/accounting system integration should look like
  • Defining rebates and large ticket items
  • Why your partner should provide dedicated implementation and vendor enrollment teams
  • Enrolling vendor to accept virtual credit card payments
  • Program reporting and metrics

Monday, April 3rd
Room 301
2:30pm – 3:30pm

Tyrone Gant, CTP, 1st Vice President, Sales Manager, Colorado Business Bank
Dubos Masson, Ph.D, CTP, CertICM, President, The Treasury Academy

Session Description

  • An Overview of CTP Math
  • Tips and Techniques for Approaching CTP Math
  • Taking the Fear Out of CTP Math for “Mathaphobes”

This session will involve an overview of CTP math. It will not be the first time formulas and calculations are introduced. Any math associated with the relevant topics covered in the Monday sessions will have already been discussed in context. The difference is that this session will focus on the more challenging formulas and calculations found throughout ETM5. Along with math tips and techniques for all CTP candidates, the instructors will specifically address overcoming the “fear factor” for those CTP candidates who have had very little exposure to financial mathematics or for whom it has been decades since they last took a college course involving financial formulas and calculations.

Note: For maximum benefit of material, the presenters of the CTP session request doors to close 10 minutes after the session begins.

Monday, April 3rd
Room 303
2:30pm – 3:30pm

Dr. Matthew Hill, CMA, CTP, FP&A, Director, Arkansas State University Center for Treasury and Financial Analytics

Session Description

This session reviews important applied statistical concepts as well as trend analysis. Specific topics discussed include calculation and interpretation of:

  • Statistical measures of location or centrality, including the mean, median, and mode
  • Statistical measures of variability, including range, inter-quartile range, variance, and standard deviation
  • Z-scores and confidence intervals
  • Trend analysis via time-series methods

NOTE: Session Handouts available where indicated

Next Session » Session 4