Is Your Operational Efficiency Evolving Fast Enough?

Amy Beninato, Director — Corporate Cash Management, Americas, Deutsche Bank

Kristy McKay, Manager, Treasury MAPFRE Insurance

As technologies, financial regulations, and tax laws change rapidly, many treasury professionals find that the systems and processes they used in the past are inadequate for the present. Out-of-date practices often come to light via glaring operational inefficiencies compared with the company's competitors. Activities like manually managing a complex bank account structure may take exorbitant amounts of staff time, limiting the team's ability to support strategic decision-making in the business.

That's why one of the most crucial responsibilities of the modern treasury function is to ensure that the processes, technologies — and overarching operational model — they're utilizing day-to-day keep pace with evolving best practices for optimizing efficiency.

In this presentation, Amy Beninato and Kristy McKay will explore how leading treasury teams are reconfiguring their operational models, and how they're leveraging ERP systems, treasury management systems, and even Excel spreadsheets to dramatically improve efficiency.

Attendees will learn how to manage an overhaul of their treasury structures, including how to:

• Assess operational efficiency

• Create a roadmap for process and technology improvements

• Conduct a periodic review of treasury performance