An Action Plan for Improved Cash Visibility in 2015

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Cash visibility will continue to be the foremost objective for corporate treasury teams in 2015, as better accuracy of current and projected cash balances enables more effective  investment, deployment, and protection of cash from risk exposures.

Innovative treasurers will continue to strive for improvement through streamlining internal processes, minimizing financial costs for external borrowing and overdrafts, not to mention optimizing returns on surplus cash, with direct and indirect impact on the creditworthiness of the enterprise and interest income/expense performance.

During this webinar, Bob Stark and Kyriba client Steven Walden, Manager, Treasury Operations at Mercy Health, will discuss: 

  • Best practices to optimize cash visibility
  • How to make decisions around which accounts you need to have visibility
  • Tips to maximize connectivity to banks but minimize costs
  • Strategies to increase the accuracy of cash forecasting​ 

Approved for 1.2 CTP/CCM recertification credits by the Association of Financial Professionals

Featured Speakers: 

Steven Walden, Manager, Treasury Operations - Mercy Health
Steven has worked in Treasury for 22 years for various St. Louis companies in different industries – public, private, not-for-profit, healthcare, investments and manufacturing. He has been with Mercy since 2004 and is responsible for all cash management, banking, and basically anything that touches Mercy’s $8-10 billion of annual cashflows. Mercy is the 6th largest Catholic healthcare system in the US and operates 32 Hospitals and 300 physician clinics in MO, OK, KS, ARK, employing 48,000 coworkers, 2000 doctors, and treating 3 million patients a year. Mercy is among the 10% of U.S. health care that have fully integrated Electronic Health Records.

Guy Simons, Assistant Treasurer - TRW Automotive
TRW is a Michigan-based $17 billion global manufacturer of passenger vehicle safety products. Some of Guy’s current responsibilities at TRW are managing its foreign exchange risk, and the deployment of Kyriba as its global cash management and internal banking system. His extensive treasury system implementation experience was developed earlier at Norwegian oil company Statoil in Brussels and in Stavanger, and at New Jersey-based Engelhard Corp.

Bob Stark, VP Product Strategy - Kyriba Corporation
Bob Stark is responsible for global market development at Kyriba, a global leader in software-as-a-service corporate treasury software. Bob is a 15 year veteran in the treasury technology industry having served in multiple roles at Wall Street Systems, Thomson Reuters, and Selkirk Financial Technologies including product management and strategy. Bob is a regular guest speaker at treasury conferences and an active member of the Association for Financial Professionals.