Complimentary Web Seminar
The Hunt for Safe, Short-Term Cash Yield
The strategic value of AP & Dynamic Discounting in creating high yield, low risk investment opportunities
Original Broadcast Date: Thursday, June 21, 2012
CFOs and treasurers are in the most difficult place they have been in their careers, according to published reports by banking executives. The reason: Because preserving capital is more critical than achieving a higher rate of return, bankers keep most of their cash investments on hand, which produces an average yield of significantly less than 1 percent.
They are not willing to take the risk because in this economic environment is it near impossible to get a high rate of return without exposing capital to risk. But that is not necessarily true.
Attend this live, interactive webcast and hear from industry experts and they reveal notable exceptions available to treasurers today to deploy their cash in:
...In a risk free, short term investment
...For very high returns (anywhere from 5% - 24%+ annual yield)
...While reducing risk in their supply chains
Join Vishal Patel of Ardent Partners, and Drew Hofler of Ariba as they share new research revealing the strategic link between AP & Treasury and will highlight some concrete actions Treasury can take to solve this problem of balancing risk & reward.
What attendees will learn:
- How leading Treasury departments are collaborating with AP to open up new short-tenor investment opportunities
- Best in class benchmarks that drive Working Capital and short term cash return improvement
- 6 key Strategies for successfully creating and executing on the opportunity to invest cash in their supply chain
- How other companies have utilized Dynamic Discounting to reduce risk in the supply chain while increasing their return on short term cash in a risk-free environment (Case studies).
- Vishal Patel
- Research Director & VP of Client Services
- Ardent Partners
Vishal joins Ardent from HH Global, where, as Director of Business Development, he helped establish and grow the company’s US business by helping corporations de-couple their marketing supply chains and drive significant savings. Earlier in his career, Vishal was a Research Director in the Global Supply Management research practice at Aberdeen Group where he led and supported the coverage of many key areas including ePayables, contract management, commercial cards, and complex category management. Vishal has conducted primary research, benchmarking and interviewing hundreds of procurement and accounts payable organizations and authored dozens of reports that highlighted the strategies and technologies that enable Best-in-Class performance. All of the above has allowed him to gain a deep understanding of the procurement and payables processes and their impact on the enterprise.
Vishal has been named a “Pro to Know” by Supply and Demand Chain Executive and holds a B.S. in Finance and International Business from The Pennsylvania State University and an M.B.A from Babson College.
- Drew Hofler
- Sr. Solutions Marketing Manager, Financial Solutions
Mr. Hofler is recognized as one of the top experts in the world in the area of collaborative finance and dynamic discounting. He has been interviewed and quoted widely in finance and supply chain industry publications around the topics of eInvoicing, Dynamic Discounting, Supply Chain Financing and Pcard related issues, and has published a number of articles on these subjects. Mr. Hofler is also a regular contributor to various blogs around the issues of the financial supply chain. Mr. Hofler brings more than 20 years of banking and financial services industry experience to Ariba.