Cash & Liquidity Management

For a copy of any of the sessions listed please contact Chris Banas, Educational Programs Administrator at 301.961.8816.

8:30 a.m. - 9:30 a.m.

Cash Flow Forecasting: Overcoming Challenges, Past and Present

• The critical nature of cash forecasting has been magnified significantly by the financial crisis. The session will include a discussion of the obstacles inherent in creating a consolidated forecast; how to overcome them; and how to define metrics of forecasting success for your organization. The current state of cash forecasting including technology and techniques will be also be reviewed.
• Philip  Mattes, CTP, Senior Treasury Manager, CareerBuilder, LLC
• Timothy T. Hesler, CTP, Head, Treasury and Risk Advisory Practice, KPMG, LLP
• Joachim H. Wettermark, Corporate Treasurer, Salesforce.com  

10:30 a.m. - 12:00 p.m.

Managing Liquidity Risk in a Global Environment: Google's Story

• As a result of accelerating business growth, Google experienced a substantial build up of cash balances in Europe. The investment process associated with those balances proved to be labor-intensive.  A solution was created that reduced Google's investment and liquidity risk, simplified the investment process, enhanced returns and provided Google with the flexibility needed to easily meet new investment mandates set by its Board.
• Ronni  Horrillo, Assistant Treasurer, Google, Inc.
• James  Fitzgerald, Vice President, J.P. Morgan  

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1:30 p.m. - 3:00 p.m.

Key Learnings in Liquidity Management during a Financial and Economic Crisis

• How have corporate treasurers managed to maintain liquidity by preserving and protecting balances, and sustaining cash flow in the face of  persistently tight credit markets?  A panel of senior financial professionals will address this question by discussing: the changing role of the treasurer, adjustments made to mitigate risk, efficiencies to increase working capital, and negotiations in the new world of financing.
• Elizabeth P. Minick, CTP, Global Industry Lead, Bank of America Merrill Lynch
• Brent  Bounds, Assistant Treasurer, eBay, Inc.
• Joachim H. Wettermark, Corporate Treasurer, Salesforce.com
• Roger  Biscay, Vice President and Treasurer, Cisco Systems, Inc.
• Jennifer Y. Cho, Treasurer, Gap, Inc.
• Kevin C. Leader, Principal Vice President and Treasurer, Bechtel Group, Inc.  

Efficient Working Capital Management with Supply Chain Finance: A Road Map for Successful SCF Implementation

• Today, companies are focused on effectively managing their cash flows and costs. Supply Chain Finance is emerging as an important financing tool to help organizations optimize their own working capital and provide suppliers with an off-balance sheet source of capital. Learn how Siemens Financial Services offers supply chain financing to its affiliates and thousands of suppliers across the globe.
• Keith P. Gilroy, Executive Vice President, Business Development, Orbian Corporation
• Douglas J. Schoch, Vice President, Working Capital Management, Siemens Capital Company  

4:00 p.m. - 5:00 p.m.

Optimizing Global Treasury during Turbulent Times

• This session explores the application of leading edge best practices in global cash management, foreign exchange and working capital. Discover how to enhance the strategic value of treasury by improving controls and mitigating risk, and learn why superior blocking and tackling in the arenas of accounts receivable, accounts payable, and payroll are the keys to success in any global economic environment.
• Irene R. Atkins, Head of Global Cash Management, Travelex
• David L. O'Brien, CTP, Consultant in Treasury, EE Treasury, Inc.  

The Future of Online Bank Systems: To Be or Not to Be?

• What does the future hold for bank-provided online cash management systems?  There is a future, but the game has changed profoundly.  Technology evolution is enabling capabilities previously only dreamt of including, modular portals, online analytic processing, mobile technologies, increased digital security, and Web 2.0 capabilities.  This session explores the next generation solutions and how they will increase efficiencies and heighten global visibility for corporate treasurers.
• Debra A. Kaya, Treasury Manager, Cisco Systems, Inc.
• Gary E. Greenwald, Managing Director and Chief Innovation Officer, Global Transaction Services, Citi  

10:30 a.m. - 12:00 p.m.

Practical Applications of Supply Chain Financing Solutions

• In the aftermath of the financial crisis, traditional sources of working capital finance have become scarce and expensive, causing businesses to seek alternatives in order to keep the cogs of the supply chain moving. Hear how supply chain finance solutions are being used to fill the gap and revolutionize the way companies manage their working capital by leveraging their B2B transaction flows.
• C.J.  Wimley, Group Vice President, Global Order-to-Cash Solutions, SunGard
• Jared A. Poff, Vice President and Treasurer, Big Lots Stores, Inc.
• Nancy H. Atkinson CCM, Senior Analyst, Aite Group, LLC
• Nicole T. Bjugger, Director, Supplier Financial Solutions, Volvo Corporation  

Got Liquidity? Trade Receivable Finance Could Be the Answer

• Challenging credit conditions often leave companies confused about how to secure cost-effective sources of liquidity. Trade receivable finance is a proven source of competitively priced liquidity. This session will cover important factors to consider in the arena of trade receivables finance including: obtaining off-balance sheet accounting treatment, servicing requirements, conditionality, maintaining control over client relationships, and financing costs.
• Walter F. Boileau, Jr., CTP, ARM, Vice President and Corporate Treasurer, SANMINA-SCI Corporation
• Stephen S. Atallah, Managing Director, Head of Structured Trade and Export Finance, Global Transaction Banking, Deutsche Bank  

Automating Deposits - Optimizing Bank Solutions and Partnerships

• Today, it is critical for businesses to enhance the visibility of daily working capital. For organizations that operate a sizeable and complex cash collection system, consolidating cash management operations is crucial. Learn how USPS centralized a significant portion of its nationwide account structure via extensive cash vault services to realize benefits including meaningful improvements in cash forecasting and deposit availability.
• David C. Kosturko, CTP, Bank Relations Specialist, U.S. Postal Service
• Paul A. Jarrett, Vice President and Senior Product Manager, Vault Services, J.P. Morgan  

2:00 p.m. - 3:00 p.m.

Automating Payables to Optimize Working Capital: A Verizon Case Study

• The pressure to optimize working capital is constantly increasing and treasurers are faced with the challenge of improving operational efficiencies. Learn how Verizon was able to negotiate early payment discount opportunities from suppliers. Discover how payables automation initiatives can provide a more accurate forecast of payables liabilities and increase annual cash returns.
• Joe  Selewicz, CPA, Vice President, Finance Operations, Verizon
• David P. Peraino, Managing Director, Global Product Executive, Order-to-Pay, J.P. Morgan  

Serving Up A Remote Cash Capture Solution: How Buffets Is Improving Cash Flow and Unlocking Working Capital

• In today's challenging retail environment, treasury professionals are constantly looking to increase cash management efficiencies.  Remote cash processing solutions offer a powerful tool for streamlining cash handling and improving funds availability. In this session, we will discuss Buffets, Inc.'s best practices in implementing a remote cash capture solution to replace the restaurant chain's decentralized, labor-intensive process.
• Paul  Holovnia, Vice President, Finance, Buffets, Inc.
• Wendy R. Fisher, CTP, Vice President, Fifth Third  Bank  

3:15 p.m. - 4:15 p.m.

Strategies for Managing Your Portfolio through This Financial Crisis

• This session will focus on effectively managing corporate liquidity portfolios through the world of short term investments. Learn multiple treasury management strategies and approaches to minimize losses and protect principal through the ongoing financial crisis. It is pertinent to review or select new investment strategies because the strengths and weaknesses of asset managers' investment expertise are now being blatantly exposed.
• Linda  Ruiz-Zaiko, President and Founder, Bridgebay Financial, Inc.
• Janice P. Phan, CCM, Assistant Treasurer, Sun Microsystems, Inc.
• Kurt H. Zumwalt, Assistant Treasurer, Amazon.com, Inc.  

Unlocking Working Capital: Moving from Reactive to Proactive Management

• Effective management of working capital affords the opportunity to dramatically increase corporate performance and improve shareholder value. Learn how proactive management can mitigate revenue leakage, improve days sales outstanding, and facilitate better cross-departmental collaboration. Discover specific and actionable best practices around the quote-to-cash cycle, dispute prevention, and methods to perform more accurate and predictable cash forecasting.
• Kim  Motika, Vice President, Sales and Operations, D3Publisher
• Robert  Sherman, President, Vengroff, Williams & Associates, Inc.  

8:00 a.m. - 9:00 a.m.

Centrally Managing Global Investments

• Dynamic economic conditions and persistent tightness in credit markets have focused attention on optimal liquidity management. Several leading Treasury departments have successfully moved to a centralized investment process, managing short-term investments across multiple countries and currencies. This session will explore how one corporation was able to implement such a solution, and will examine the challenges addressed and the benefits achieved.
• Angela M. Sundberg, Manager, Global Treasury Operations, InfoPrint Solutions Company LLC
• Michael N. Berkowitz, Director, North America Liquidity and Investments, Citi  

9:15 a.m. - 10:15 a.m.

Credit Analysis for Cash Investments

• The focus of this session will be an in depth review of best practices used to evaluate the creditworthiness of short duration investments.  Explore the rationale for one company to create a team specifically dedicated to this endeavor.  Discover how a global leader in online payment solutions successfully employs specific techniques in managing their own investment portfolio.
• Omar J. Paz, CTP, CFA, Assistant Treasurer, PayPal
• Steven R. Meier, CFA, FRM, Executive Vice President and Chief Investment Officer, State Street Global Advisors  

Cash Flow Forecasting: The Realities of an Implementation

• Cash flow forecasting can be challenging at best and impossible and meaningless at worst.  In this session, discover how one of the world's leading specialty chemical companies implemented a successful cash flow forecasting process to improve working capital management, and learn how to identify and mitigate common sources of cash flow forecasting errors.
• Scott A. Craycraft, former Assistant Treasurer, Hexion Specialty Chemicals, Inc.
• Debra A. Crow, CTP, Principal, Ernst & Young, LLP