Treasury in transition – explore the agenda for EuroFinance International Treasury Management

13-06-2022 | Eurofinance | treasuryXL | LinkedIn

 

Featuring keynote speakers, Guy Verhofstadt and Göran Carstedt…

The 31st annual EuroFinance International Treasury Management returns in-person this September 21st-23rd in Vienna. With treasury changing like never before, join more than 2000 attendees, including 150 world-class speakers for transformative insights and the year’s best networking.



  • Inspirational headline speakers– including member of European Parliament, Guy Verhofstadt and and one of the world’s top business minds, former head of IKEA, Göran Carstedt
  • Practical insights from case studies across 5 streams– explore the latest innovations driving change and how to apply them to your treasury
  • The new Future of Money Stage– a dynamic experience for disruptive ground-breaking ideas from crypto to the token economy
  • Meet with more than 100 banking and tech partnerson the exhibition floor and  join forces to innovate and shape the future

Learn from the experiences of more than 150 best-in-class treasurers including:
– Abraham Geldenhuys, VP and group treasurer, Kongsberg Automotive
– Yang Xu, SVP, corporate development and global treasurer, Kraft Heinz
– Alex Ashby, Head of treasury – Markets, Tesco
– Debbie Kaya, Senior director of treasury, Cisco Systems, Inc.
– Daniel Melski, VP finance and treasurer, Church & Dwight Co., Inc.
– Angel Cheung, Assistant treasurer, John Lewis Partnership

For more information and to register, visit: https://www.eurofinance.com/international

 

TreasuryXL contacts can claim a 10% discount with code: MKTG/TXL10 on top of the early-bird price which expires on July 29th – a combined saving of over €2000.  Register here today.

We hope to welcome you in Vienna.

The EuroFinance Team


About EuroFinance

EuroFinance, part of The Economist Group, is a leading global provider of treasury, cash management and risk events, research and training. With over 30 years of experience, our mission is to bring together the brightest minds and most influential voices in treasury. Through in-depth research with 1,000 corporate treasury professionals every year, we have a unique insight into the trends and developments within the profession and an unrivalled global viewpoint.

Contacts

Marianne Ford
Senior Marketing Manager
EuroFinance

Economist Impact
[email protected]


Digital rules (URDTT) for Trade Finance: Episode 4

25-05-2022 | Wim Kok | treasuryXL | LinkedIn |

Episode 4 of a series of educational videos on URDTT (Uniform Rules for Digital Trade Transactions) is now available. Please take a look and let me know what you think.  Previous episodes 1 are, of course, still available on our YouTube channel.


 

 


Trade Advisory Network Limited and treasuryXL Trade Finance experts launched their fourth episode of a series of free, educational videos on URDTT. There will be 6 episodes in total covering all aspects of the development, interpretation, and application of URDTT in the context of a digital trade strategy. In the upcoming period, you can expect one educational video per month.

Duration: 16.42 min

WATCH NOW FOR FREE

Enjoy, explore and develop!

Interested to know more about this topic and the upcoming educational videos? Contact our Expert Wim Kok.

 

Wim Kok

International Business Consultant
Trade Finance Specialist

 

 

 

 

Subscribe and receive your 41 pages ‘easy-to-read’ eBook, What is Treasury?

16-05-2022 | treasuryXL | LinkedIn |

 

Treasury, Corporate Finance, Cash Management, Risk Management, Working Capital Management and Blockchain. What are the purposes of these treasury functions?

treasuryXL created this eBook based on the most relevant best practices that Treasury experts provided over the last years. We bundled the most important information for you and created easy to read and understand articles about the main subjects within the World of Treasury.

We took a deeper dive into each of the above-mentioned treasury functions and highlight:

  • The purpose of each named Treasury function (What is?)
  • What specialists do
  • Examples of Activities
  • Summary of Frequently Asked Questions and answers
  • Conclusion

How to receive this eBook for Free?

We simply giveaway two presents for you! By signing up for our newsletter you will automatically receive the following in your inbox:

  1. On Fridays, our Coffee Break weekly newsletter will land in your inbox. In this weekly newsletter, we will highlight the whole week full of the latest treasury news within our community.
  2. The 41 pages eBook, What is Treasury?

 

Subscribe, Join, Download and Relax.

Welcome to our community and have fun reading!

 

 

Director, Community & Partners at treasuryXL

 

 

 

 

The world’s largest treasury event is returning to Vienna in September | 10% discount via treasuryXL

09-05-2022 | Eurofinance | treasuryXL |

 

EuroFinance International Treasury Management, the world’s largest and most influential treasury event, will take place in Vienna from September 21st-23rd 2022. Returning in-person after 3 years with more than 2000 attendees including 150 world-class speakers, the event offers unparalleled networking and insights from the world’s most senior corporate treasurers. treasuryXL is proud media partner of the 31st edition of the EuroFinance event.



Why attend?

  • Be inspired by headline speakers as they interrogate a changed world including Guy Verhofstadt, member of the European Parliament and Göran Carstedt, former corporate executive of Volvo and IKEA
  • Get practical solutions to treasury challenges with new case studies and immersive discovery labs
  • Hear from the disruptors at the new The Future of Money Stage
  • Delve into the latest innovations and new technology driving change, and how to apply them to your treasury
  • Meet with more than 100 banking and tech partners and join forces to innovate and shape the future

 

For the full agenda and to register, please click here

TreasuryXL contacts can claim a 10% discount with code: MKTG/TXL10

 

Attend the 33rd Finance Symposium | 18-20 May 2022 | Mannheim

20-04-2022 | treasuryXL | LinkedIn |

 

The treasury and finance community finally meets in person again. treasuryXL is proud media partner of the 33rd Finance Symposium.

 

 

For more than 30 years, the Finance Symposium has developed into the most important industry gathering for treasurers and finance managers in the German-speaking world. Every year, around 2,300 finance experts meet to discuss together, make contacts and receive new impetus. The outstanding congress program offers visitors a broad spectrum of professionally challenging topics from finance and treasury management in three days. In over 170 forums, workshops and expert panels, participants will learn about the latest developments in finance and treasury.

 

 

The speakers are high-ranking finance managers from major companies and prominent guests from politics and business. For example, in 2022 Martin Schulz, former President of the European Parliament , and Verena Pausder, entrepreneur and expert in digital education, could be won for exciting presentations and discussions. The most important banks, system providers and financial service providers in the industry will present themselves on 1,000 m2 of exhibition space.

For more information and tickets, visit: www.finanzsymposium.com

 

 

 

Director, Community & Partners at treasuryXL

 

 

 

 

Your free eBook, What is Treasury?

13-04-2022 | treasuryXL | LinkedIn |

 

Receive your eBook What is Treasury? after subscribing to the free treasuryXL weekly newsletter.

The world of Treasury is a complex topic. Many people will think about pirates and big see ships that sank deep into the bottom of the ocean including their ‘treasure’. A mystery treasure map will lead the finder to a treasure worth a lot of money. In some way Treasury and Treasure have similarities, it is about money and other valuables.

Are you having a hard time how to explain what treasury is to family, friends and colleagues? Or are you interested to learn more about the World of Treasury?

 

treasuryXL created a 41 pages eBook for the corporate treasurers and the world of finance addict.

This eBook is designed to answer layman questions about the function of Treasury. treasuryXL bundled the most important information for you and created an easy to read and understand articles about the main subjects within the World of Treasury:

This ebook will answer your questions about Treasury topics.

treasuryXL explains the purpose of each Treasury function; what specialists do, examples of activities, FAQs, and a summary.

This ebook is based on the most relevant best practices that Treasury experts provided over the last years. On the website of treasuryXL you can explore additional information on the latest in Corporate Treasury.

 

HAVE FUN READING!

 

 

Director, Community & Partners at treasuryXL

 

 

 

 

EuroFinance International Treasury Management returns to Vienna | 21-23 September 2022

08-04-2022 | Eurofinance | treasuryXL |

 

Featuring keynote speakers, Guy Verhofstadt and Göran Carstedt…

The 31st annual EuroFinance International Treasury Management 2022 will return this September with more than 2,000 attendees, 150 speakers, 100 sponsors and exhibitors.

 

 

For the first in-person event in three years, EuroFinance International Treasury Management keynote speakers will include Guy Verhofstadt, member of the European Parliament and Göran Carstedt, former corporate executive of Volvo and IKEA.

The full line-up brings more than 150 global corporate treasury leaders, financial institutions, technology providers and thought-leaders together to discuss the theme “Treasury in transition”, across 12 stages at Vienna’s Messe Wien Exhibition Congress Center from September 21st-23rd 2022.

Guy Verhofstadt is a Member of the European Parliament and co-chair of the Conference on the Future of Europe. He served as prime minister of Belgium from 1999 until 2008 and also made a name for himself as Brexit coordinator and as a passionate champion of more European integration. He will give the opening keynote on day 1.

Dr Göran Carstedt is the former head of IKEA North America and IKEA Retail Europe and former head of VOLVO France and Volvo Sweden. Having run some of the world’s leading companies, Dr Carstedt is also the former senior director of President Clinton’s Climate Change Initiative. He will give the opening keynote presentation on day 2 on how climate change is changing business.

Corporate treasury leaders from some of the world’s top multinationals – including TechnipFMC, Citrix Systems, Kongsberg Automotive, Autoneum, Equinor, Heinz, Medtronic, John Lewis – have also been confirmed.

 

“We look forward to seeing people connecting and collaborating face-to-face once again in Vienna. It’s great to see live events bouncing back across the world and from the response we have had so far,  it’s clear that our community of speakers, banks and technology providers are eager to meet in-person after 2 years of virtual meetings.” says Asif Chaudhury, Managing Director of EuroFinance.

 

Irreversibly changed after the events of the past few years, this year’s theme will explore the “new” treasury; a highly digital and automated function tasked with meeting strategic goals and changing remits against a backdrop of multiple issues from climate change to high inflation. Treasurers will share their experience in practical case studies and technical discovery labs and celebrate the innovations that will drive change.

EuroFinance’s growing list of sponsors and exhibitors for the event includes  J.P. Morgan Chase, Standard Chartered, Citi, Bank of America, BNP Paribas,, Fitch Group, HSBC, Santander Corporate & Investment Banking, Visa, Société Générale, ION, TIS, Remote Technology, B2C2, American Express, Bayerische Landesbank, UniCredit, PrimeRevenue, Northern Trust Asset Management, Credit Agricole, Zanders, ICD, Pictet Asset Management, Raiffeisen Bank, BlackRock, Legal and General, Tietoevry, Amundi, CMSpi, Nomentia, Aviva Investors Global Services, CashAnalytics, Treasury Systems, CoCoNet, Exalog, Traxpay, SisID, Finastra.

For more information and to register, visit: https://www.eurofinance.com/international

About EuroFinance

EuroFinance, part of The Economist Group, is a leading global provider of treasury, cash management and risk events, research and training. With over 30 years of experience, our mission is to bring together the brightest minds and most influential voices in treasury. Through in-depth research with 1,000 corporate treasury professionals every year, we have a unique insight into the trends and developments within the profession and an unrivalled global viewpoint.

Contacts

Marianne Ford
Senior Marketing Manager
EuroFinance

Economist Impact
[email protected]

 

 

Digital rules (URDTT) for Trade Finance: Episode 3

17-03-2022 | Wim Kok | treasuryXL | LinkedIn |

Episode 3 of a series of educational videos on URDTT (Uniform Rules for Digital Trade Transactions) is now available. Please take a look and let me know what you think. Episodes 1 & 2 are, of course, still available on our YouTube channel.


 

 


Trade Advisory Network Limited and treasuryXL Trade Finance experts launched their third episode of a series of free, educational videos on URDTT. There will be 6 episodes in total covering all aspects of the development, interpretation, and application of URDTT in the context of a digital trade strategy. In the upcoming months, you can expect one educational video per month.

What can you expect in the third episode?

In this session, we look at the parties involved in a Digital Trade Transaction (DTT). We start with the principal parties – the seller and the buyer – and then move on to the financial services provider, and finally cover any other parties that might be involved.

Duration: 14.46 min

WATCH NOW FOR FREE

Enjoy, explore and develop!

Interested to know more about this topic and the upcoming educational videos? Contact our Expert Wim Kok.

 

Wim Kok

International Business Consultant
Trade Finance Specialist

 

 

 

 

The FX-Files: Secret Treasury Alternatives to Global Bank Accounts

08-03-2022 | Ernie Humphrey | treasuryXL | LinkedIn |

When businesses engage suppliers across new cross-border frontiers, many assume that they need a separate bank account to make payments. Even the most seasoned treasury professionals assume they need foreign bank accounts or need to manage relationships with providers of foreign exchange currency services to make payments across international borders? Is there a better way?



I recently spoke on a webinar where we discussed the challenges of international accounts payable, and the value in investing in AP automation from supplier on-boarding to making international payments via one payment file which is funded in US dollars and affects payments to suppliers in multiple currencies.

The business case for investing in AP automation is multi-dimensional and compelling for companies of all sizes. International AP automation done right empowers top line growth by impacting productivity within and beyond the AP department and improving working capital by facilitating supplier relationships that allow companies to take more control of how and when they make payments. International AP automation also mitigates invoice processing costs which are inherently inefficient due to the number of people. processes, and systems involved in processing an invoice, let alone one denominated in a foreign currency.

Pain points for accounts payable, which are magnified by international accounts payable include the following:

  • Supplier On-Boarding– a supplier relationship starts with onboarding. This can make a great impression on a new supplier or be the beginning of ongoing friction with a supplier.
  • Supplier Communications– effective communication is key to effectively managing supplier relationships. Asymmetry of information (can your supplier see what your AP team can see), and a lack of visibility into supplier activity and conversations leads to unnecessary disputes and hours spent on the phone resolving issues (many of which are perceived rather than actual and could have been avoided)
  • Information Exchange– pushing paper back and forth, especially across borders, leads to inefficient communication and represents a significant inherent barrier to effective AP processing in terms of how long it takes and how much it costs to process invoices.
  • Invoice Processing Time– the more it takes to process an invoice the less opportunity to take and negotiate payment discounts. Efficient invoice processing enables financial agility in terms of controlling when suppliers are paid and improves working capital management
  • Payment Timing– time is money. The more control a company has over when they pay suppliers the better. More control of the cash conversion cycle should translate into a positive impact on the bottom line.
  • Tax, OFAC & FCPA Compliance– doing business across a new international border can create tax, legal and regulatory compliance exposures. A failure to manage these exposures effectively can do quite a bit of damage to the bottom line.
  • FX Risk Exposures– new liabilities in currencies other than the functional currency of your company either create new FX exposures or impact these exposures. A failure to effectively manage FX exposures show up in the “FX gain/loss” line of a company’s income statement.

The value proposition for investing in international accounts payable is evident in how many ways international AP done right impacts the bottom line:

  1. Mitigates invoice processing costs & the payment of duplicate invoices
  2. Mitigates time spent resolving supplier issues/disputes
  3. Allows discount opportunities to be captured
  4. Facilitates early payment program opportunities
  5. Impacts the productivity of employees processing invoices
  6. Mitigates payment processing costs
  7. Rebates from commercial card payments
  8. Improves working capital management
  9. Impacts the productivity of employees approving & affecting payments
  10. Mitigates FX Risk Exposures
  11. Mitigates the Cost & Complications of International Bank Relationships

 

If you want to learn more about how to leverage automation to manage international accounts payable, including how your company can affect international payments by funding one amount in USD, I invite you to experience the recording of The FX-Files: Secret Treasury Alternatives to Global Bank Accounts webinar.

 


 

Ernie Humphrey
Seasoned Treasury Expert
& CEO Treasury Webinars

Your new home for fixed income

07-03-2022 | treasuryXL | Refinitiv | LinkedIn | Your new home for fixed income