Webinar: Global Payments Study Reveals Need for Increased Connectivity

COMPLIMENTARY WEBINAR Global Payments Study Reveals Requirements for Increased Connectivity Between Suppliers, Buyers, Banks and Other Trading Partners Guest Speakers: Laurie McCulley, Principal, Treasury Strategies Martin Bina, Treasury Operations Manager, European Shared Services, Caterpillar, Inc. Many corporations are challenged by lack of infrastructure to support routing and approval of payments.  As a result, many corporations still operate off of spreadsheets in a highly manual environment.  This causes poor visibility to cash out-flows, high operational costs and risk of fraud.  Compounding these challenges, many companies also rely on a fragmented array of systems for bank and enterprise connectivity. According to a recent SunGard AvantGard sponsored study, 30% of corporations in the 5B+ category are managing with 21 or more cash management banks. Additionally, 40% report that they are operating with 11 or more payment initiation systems, and 25% of the total have more than 21 systems. Core to a successful payments strategy is the value that can be generated for trading partners when true collaboration and connectivity is created.  The value is in gaining data transparency, efficiency and networking across the financial supply chain and the ability to accelerate the velocity of free cash flow.  Register Now to attend this complimentary webinar to learn how streamlining connectivity and consolidating data can help reduce friction and attain visibility across the EcoSystem of buyers, suppliers and other trading partners which can help facilitate supply chain finance and uncover hidden cash and opportunities.  Learn how advancements in bank and enterprise connectivity are helping set the stage for the future of supply chain finance. Webinar Topics: Overview of Key Findings Bank Communication The Role of SWIFT, SEPA, Payment Factories Best Practices from Caterpillar Approved for 1 CTP/CCM recertification credit by the Association for Financial Professionals Webinar Details: Date: October 1, 2009 Time: 11:00 AM EST Approximate Duration: 1 hour Guest Speakers: Laurie McCulley, Principal, Treasury Strategies Martin Bina, Treasury Operations Manager, European Shared Services, Caterpillar, Inc.