Greetings Fellow Treasury and Finance Professionals:It is hard to believe that the end of 2024 is quickly approaching! As we all look forward to our final AFP events of the year & begin to plan for 2025, I want to give an update on the financial health of AFP of Utah.Your membership dues and event registration fees, together with contributions from generous sponsors, fund a variety of events that we all are able to participate in throughout the year. Our goal each year with the budget is to fund all of our initiatives at the lowest possible cost to our members, while maintaining adequate cash reserves for the future.So far this year, we’ve held five lunch & learn events as well as a fun social activity at Top Golf. We’ve been able to cover the cost of these events for the most part with member dues. In addition to dues, we received a generous $2,500 donation from PNC Bank. With those inflows having been received and a few expenses that will be incurred before the end of the year, we expect year-end inflows to slightly exceed outflows, thus accomplishing our goal stated above.For additional details about the organization’s finances, please feel free to contact me.Thank you for your continued support of AFP of Utah!Clark Smith, CPA, CTPAFP of Utah Treasurer
AFP of UT Members:Hard to believe we are halfway through 2024, on behalf of the board we thank you for your membership, your stewardship, and your involvement so far this year and look forward to reconnecting after our summer meeting break on August 29th –Topgolf AFP Social Event.We hope that AFP can continue to provide a supportive group of professionals who understand the unique challenges we all face in our business roles. Whether it’s for education, networking, ethical guidance, career advancement, staying current on the latest trends. Whatever the reason, we hope we can continue be a trusted resource.With your collaboration I look forward to finishing up an exciting year of connecting with our members, engaging our partners, and impacting the Finance and Treasury community in Utah. I’m so proud to be part of this organization and I’m so thankful for the outstanding leadership on our board and the commitment of our chapter’s members though out the years.It is an absolute honor to serve as President of AFP of Utah.Sheron Riggs– AFP of UT Board President
If anyone is seeking more CTP, FP&A or CPE credits, consider attending our sister organization the Rocky Mountain AFP on May 8-9 for their annual Rocky Mountain Summit. Great promotional rates for our Utah members!
Write Kim Lott at kimlott@kmlmanagement.com to learn more and sign up.
Congratulations to Dillon Jones at BOX and Lori Hadley at Sallie Mae! They each won a $25 e-gift card for their participation in the recent Membership Survey.
Wahoo! Thanks to all that completed the survey to help the AFPA Leadership group determine the best course of action for the remainder of the year.
https://www.rmafp.org/events/register.aspx?id=1809107
Use promo code of 25OFF at check out in registration to get the $40 rate for this event.
For this session of Actualizing Success, Actualize Consulting’s COO Kerry Wekelo will dive into the pressing issue of retaining treasury talent. With turnover affecting all levels within treasury teams, from senior management to analysts, and the demand for experienced treasury professionals continuing to soar, our experts share their insights and strategies for keeping treasury teams united and inspired.
Participate to learn more about:
About Kerry Wekelo:
· Kerry is Chief Operating Officer at Actualize Consulting. Her book and program, Culture Infusion: 9 Principles for Creating and Maintaining a Thriving Organizational Culture and latest book Gratitude Infusion are the impetus behind Actualize Consulting being named Top Company Culture by Entrepreneur Magazine, a Top Workplace by The Washington Post, and Great Place to Work-Certified. In her leadership, Kerry blends her experiences as a consultant, executive coach, award-winning author, mindfulness expert, and entrepreneur. Kerry has been featured on ABC, NBC, NPR, The New York Times, Thrive Global, SHRM, Inc., and Forbes.
Write Kim at kimlott@kmlmanagement.com with any questions!
We have 4 spots left for our team at the Utah Food Bank on the 18th of October! It would be great to fill our team for this event. You can still sign up.
If any of our AFP of Utah members are seeking 6.4 CTP or FP&A credits, you can attend our sister organization's event next Thursday, September 14th at the member rate. If you are a practitioner, that is only $50! A great line up, so if you are interested- just reach out to Kim Lott at kimlott@kmlmanagement.com to get signed up.
Schedule for the day:
8:00-8:20 am
Registration, light breakfast/coffee and networking
8:20- 9:40 am
Welcome and Opening Session- The Stark Reality of Cyber and Payments Fraud in an Ever-Evolving Digital World
Moderator: Ryan McCaffrey, SVP, Corporate Banking TMO PNC Panelist(s): Scott Kreisberg, CEO/Founder One Step Tech- Secure IT; SSA Mary Gleason, FBI Phoenix White Collar Crime Unit ; Chris Byers, Senior Digital Product Manager, PNC and Dan Larkin, Cyber Security Team PNC
9:40-9:55 am
Break
9:55 -10:45 am
Jon Paquette, VP-U.S. Solutions, Treasury Intelligence Solutions (TIS) presenting Evaluating Leading Practices for Effective Cash Forecasting in 2024
10:45-11:00 am
11:00-11:50 am
Fikre Bizuneh , VP FX Products and Solutions, Kyriba presenting Tackling Currency Risk in Today's Economy
11:50-1:45 pm *program starts at 12:45
Luncheon and Keynote Speaker- Marc Chandler, Bannockburn Global Market Strategist presenting Making Sense of the Dollar
1:45-2:00 pm
2:00 pm-2:50 pm
Mitch Thomas, Director of Sales Engineering, Global Treasury- Trovata presenting The Promise, Opportunity, and Reality of Open Banking
2:50-3:05 pm
3:05-3:55 pm
Todd Bean, CFA, Head of US Traditional Cash Strategies
State Street Global Advisors (SSGA) presenting Chaos in Cash
4:00-5:00 pm
Light Food and Beverage, plus Closing Comments & Prize Give Aways!
Just write Kim Lott at kimlott@kmlmanagement.com if you are interested for a partner code! The member rate is $30 for this 1.2 CTP webinar on Wednesday, August 9th from 12-1 MST.
Data Security, Privacy and Governance
Speaker: Jennifer Shahan McIntosh, Attorney, FBFK Dallas
Jennifer will be speaking about data privacy and security of personal information used in day to day business activies and what best practices apply not only in your work environment, but also every day with family and at home. She has advised leading pharmaceutical trials companies, private equity firms, SaaS service providers, health-tech, ad-tech, and e-commerce clients on privacy and data security issues in technology-driven transactions.
https://www.rmafp.org/events/register.aspx?id=1754374
One of our members shared this promising lead:
https://imh.wd5.myworkdayjobs.com/IntermountainCareers/job/Key-Bank-Tower/Cash-Investments-Operations-Manager_R76083
You can sign up at the $20 member rate if interested- just write Kim at kimlott@kmlmanagement.com for code! 1.2 CTP credits.
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**AFPA Webinar Event**
Wednesday, June 21, 2023 12:00 p.m.- 1:00 p.m. Phoenix Time
Focus:
The session focuses on the financial supply chain, a key aspect for all treasury and finance departments as well as for financial institutions offering trade and working capital finance.
Optimizing a company's financial supply chain can bring stability and flexibility to the organization and its trading partners by providing working capital to where it is needed most in the supply chain, thus shifting the focus from survival to improving efficiency, innovation, and investment in new opportunities.
In recent times, longer sales cycles, higher inventory costs, anticipated economic downturns, and a steady drumbeat of interest rate hikes have put the mitigation of supply chain disruptions and efficient management of working capital on the top agenda of any top management. Today more than ever, achieving efficient cash flow levels, applying the right payment terms, and risk management for companies and their suppliers have become even more crucial to ensure adequate financing and business survival.
Whilst there are many technological and financial solutions that have been applied in the past, a truly innovative and effective approach utilizing artificial intelligence and predictive analytics had yet to materialize.
The market opportunity for corporate and financial institutions, based on case studies of leading organizations will also be covered including key areas and innovations that are making such improvements to financial supply chains successful like blockchain, artificial intelligence, and ESG (Environmental, Social, and Corporate Governance).
Demonstrations of a few solutions for optimizing financial supply chains will be presented and discussed during the event followed by a Q&A.
Speaker:
Meet Terry Pierce. He has been responsible for overall vision and strategic direction of several entities, with specific focus around sales, strategic partnerships, and capital structure. He has 17 Retail Insurance Space, with many documented successes around solutions specific to financial services, corporate trade finance, and blockchain technology.
A few little known facts: Terry is former All-American as a player and student at Kansas State University professional life as an NFL middle linebacker after being drafted in the 2nd Round the Denver Broncos. After 4 years on the field and several injuries he retired from the NFL and dove into the financial services industry with Merrill Lynch as a Global Private Client Advisor.
AFP of Utah | Administration by KML Management at 303-883-4152|admin@afpofutah.org
AFP of Utah is a 501(c)6 non-profit organization.
