Spring Training Conference Sessions
Thursday, May 11, 2017 8:00 am – 4:45 pm
The Inn at St Johns, Plymouth, MI
Session 1: “A Transformation Case Study — General Motors Company”
Speakers: Debby Powers and Tom Phipps, General Motors
Session Description: During this session, learn the critical success factors for an ERP system implementation through a case study of General Motors Company’s enterprise SAP transactional processing initiatives.
In this session, attendees will learn about:
- General Motors Company’s enterprise SAP (eSAP) Accounts Payable and Accounts Receivable initiatives, including integration of transaction/payment types with house banks
- Key success factors during all phases of a large-scale project, including:
- Project structure and governance model
- Key guiding principles to measure success of project
- Testing approach and deployment readiness
- Why effort put into an initiative AFTER implementation, when most projects ‘end’, is the most important factor in the realization of project objectives
Debby Powersis the Senior Manager of General Motors enterprise SAP Accounts Payable / Accounts Receivable Transformations team within Global Business Services. Debby has a proven track record of successfully leading large-scale system and process improvement projects in three Fortune 500 companies. At GM, she led the eSAP AP Transformation initiative from design phase through implementation in US and Canada, bringing into eSAP over 12 million supplier payments totaling $64 billion annually. Debby is currently leading the expansion of the eSAP AP solution to Mexico and Argentina, as well as the GM North America Vehicle Accounts Receivable project which will bring into eSAP over $100 Billion in transactions annually. Prior to joining GM, she was the Corporate Controller’s Office Special Projects Manager through the transition of GMAC to Ally Financial, a bank holding company. Debby also has 9 years’ experience at Ford Motor Company in various assignments, including implementation of the Advanced Vehicle Bill of Material (AVBOM) system as the Global Lead.
Tom Phippsis a Senior IT Manager in General Motors Treasury Group. He has IT bank integration responsibility for Vendor payments, Customer invoicing/receipts and Payroll system transactions globally. He also lead IT activities for GM’s largest Global Treasury transformation effort that resulted in stream lining the banking structure, improving cash management, the implementation of a COTS Treasury system and Corporate SWIFT. Tom has a wealth of experience with bank integration transaction processing for payment and receivable processes -- SAP, ACH, Wire Transfers, Direct Debits/Credits, etc.
Session 2: “Recent Developments in the Taxation of Treasury Activities”
Speaker: Tim Wichman, Ernst & Young
Session Description:This session will discuss planning opportunities and practical considerations related to recent developments in the taxation of treasury activities, including intercompany financing, currency transactions, cash management arrangements and risk management strategies.
Tim Wichman leads EY’s National Capital Markets Tax practice in Chicago, IL. His practice focuses on the taxation of domestic and international financial products, transactions and structures. Tim advises a wide variety of US and foreign-based taxpayers that issue, deal, hedge, trade and invest in equity and fixed income securities, derivatives, foreign currency and commodities.
Tim is a frequent panelist and chairperson at conferences, including the annual EY International Tax Conference, the annual EY Domestic Tax Conference, tax directors’ workshops and external conferences, such as Bloomberg, Tax Executives Institute, and other professional and industry organizations.
Tim has contributed to several publications, including Tax Notes International, the BNA Portfolio on U.S. Tax-Related Accounting Issues of Multinational Corporations, and the Matthew Bender treatise on the Federal Income Taxation of Corporations Filing Consolidated Returns.
Tim joined Ernst & Young LLP in 1995. Prior to relocating to Chicago in 2005, Tim worked in EY’s National Tax Department in Washington, D.C., the U.S. Tax Desk in London, and the Corporate Tax group in Houston.
Tim earned a Bachelor of Arts degree in Economics/Business Administration (Accounting) from Hastings College and a Master in Professional Accounting (Taxation) degree from the University of Texas at Austin.
Tim is a licensed certified public accountant in Texas and Illinois.
Session 3:“The Evolution of the B2B Payments Landscape”
Speakers: Lucy Diasio & Brian Guess, Key Bank
Session Description:Digital transformation has abounded across the B2B payments landscape and companies are following suit by revamping the way they pay their suppliers. It’s a “Buyers” market as invoice automation, consolidation of outgoing payments and remittance portals have become the new normal. This session will be a candid look into both the buyers and sellers digital transformation strategies. We will review current market solutions and rate their success from both perspectives. What types of “Industry Game Changers” are looming and who will benefit the most?
Lucy Diasio is a Senior Vice President in Product and Innovation for KeyBank Enterprise Commercial Payments. She has extensive knowledge of the payments business with over 27 years of experience in treasury management. She spent the first half of her career as a corporate practitioner, and the latter half in financial services mainly in banking and product management.
She holds a bachelor’s degree in finance from Kent State University and an MBA from Cleveland State University.
Brian Guess is a Senior Product Manager in KeyBank’s Enterprise Commercial Payments (ECP) division. He has been responsible for ACH since 2010, and Wire Transfers since 2016. He is also leading the effort to build a commercial real time payments platform. He has previously served as the Product Manager for Image Cash Letter, Check Disbursement Services, Pre-encoded Checks and Funds Availability.
Brian works extensively with many different industry groups, the Federal Reserve and within Key to shape changes within the payments industry. Brian serves as Key’s representative to The Clearing Houses real-time payments workgroup and the Federal Reserve’s Faster Payments Task Force. Brian is currently a Board member of EPCOR, the largest Regional Payments Association in NACHA and the Chair of EPCOR’s payments committee. Brian is also on the NACHA rules and operations committee. He was also formerly, the Vice President and Operations Committee Chair of the National Clearing House Association.
Prior to his position in Treasury Product he worked as a Senior Analyst in Key’s operations area, working on Payment System Strategy. This required him to use his extensive knowledge of all payments types and systems to help design Key’s future payments infrastructure. He was deeply involved in Key’s preparation for both Check 21 and image exchange and in developing new products and services to leverage these capabilities for our clients.
Previously he served as Float Manager for Key Bank. Brian was responsible for Check Clearing, Float Systems, Due From Bank management and KeyCenter Cash Forecasting and Cash Reduction. Prior to Key, Brian worked in Check Operations at other financial institutions for 12 years
Brian was awarded his AAP (Accredited ACH Professional) certification in 2012. Brian has been an Association of Financial Professionals, Certified Cash Manager since 1999.
Brian has a Bachelor’s of Science in Economics.
Keynote Session 4: “Coloring Outside the Lines - Creating a NEW Treasury Management Experience"
Speaker: Jeff Tobe, M.Ed, CSP
Session Description: This high-energy, participatory session has received outstanding reviews from diverse groups around the world. Certified Speaking Professional, Jeff Tobe, challenges you tostep outside your comfort zonein positioning yourself more creatively than ever before. He provides the insight you require to give yourself the ‘competitive edge’ for which we all strive in your treasury management profession today!Tobe is not just entertaining—he provides real ‘tools’ to creatively ENGAGING your internal and external stakeholder. With the push to competitive advantage in the marketplace, Jeff encourages people to stop competing on customer service!He believes in the power of creativity to look at business from a new perspective and accept that customer service is no longer the bar that distinguishes us from our competitors. We now have to consider our internal and external customers' EXPERIENCESfrom the minute they make contact with us to the minute they are done!
Jeff Tobe’s, Certified Speaking Professional, credentials are impressive. Insider Magazine dubbed him “The Guru of Creativity” and readers of Convention & Meetings Magazine chose him as one of the top 15 speakers in North America. He is a creativity and customer experience expert, professional speaker and bestselling author who works with companies and organizations who want to increase their bottom line by changing their customer experience and retaining great talent.
Tobe founded Coloring Outside the Lines in 1994 and since then has worked with hundreds of clients ranging from Fortune 500 companies to ones with less than 20 employees including Microsoft, PepsiCo, PNC Bank, Sonny’s BBQ and many more! His articles have been read in hundreds of publications and he is the author of the hugely popular book, Coloring Outside The Lines.
He is the co-author of three other books and his newest book, ANTICIPATE: Knowing What Customers Need Before They Do is quickly becoming one of the hottest business books on the market. He is also the creator of the Touch Point Focus initiative in which he helps clients re-examine their customer touch points.
Session 5: "Liquidity Management in a Changing World"
Speakers: Kilian Brunschwig and Ben Grout, HSBC
Session Description: Regulatory change has influenced how business is conducted in the US and abroad. The interpretation and application of regulatory change has several implications, in particular regulations impacting capacity of bank balance sheets. As regulations continue to evolve, complexity of cash management remains high, coupled with need for innovative solutions. Attendees will learn how regulatory and economic changes affect Liquidity Management and how to navigate these changes.
Kilian Brunschwig manages the Liquidity Solution product set at HSBC and is responsible for the cash pooling products for U.S. and Canada. Kilian has been with HSBC since 2012 and worked in France and the UK before joining the U.S. team in 2015. Kilian brings a wealth of experience in managing liquidity solutions for corporate and institutional clients.
Ben Grout is a Senior Sales Manager with HSBC Global Banking and Markets. Ben currently works within Global Liquidity and Cash Management Sales supporting HSBC’s Capital Goods and Automotive Parts Sector.
Ben trained as a civil engineer in the UK and worked for Balfour Beatty on the London Olympics site before moving into Banking. Ben has worked within Treasury and Cash Management for the last 5 years and with HSBC for the last 3 years. Prior to HSBC, Ben spent 2 years at Barclays Bank in London, UK, covering large Non-Bank Financial Institutions.
Ben holds a Masters in Civil Engineering from Loughborough University in the UK. Professional accreditations include Association of Corporate Treasurers Certificate in International Cash Management and a Professional Certificate in Banking Practice and Management from the IFS School of Finance.
Session 6: “Supply Chain Finance – The Mysteries and Trends”
Speaker: John Loy, BAML
Session Description: In this session we will provide a brief history of Supply Chain Finance (“SCF”), and how it has grown into a common financial structure for many industries, and in many countries. In additional we will look at the current and future trends, and how technology is impacting the SCF product offerings.
We will spend a little time on the ‘mysteries’ of how SCF (really) works, and why it is such a success internationally and domestically - removing costs and risks from the financial supply chain, and improving financial metrics - for both the buyer and the supplier. Examples and case studies will be shared, showing the ‘real life’ impact and challenges with focusing on the ‘financial supply chain’ as a source of value for shareholders.
John Loy is a Director, Product Specialist, and Team Lead in the Global Trade and Supply Chain Solutions Group at Bank of America Merrill Lynch.John and his team provide Global Trade and Supply Chain Solutions to the Bank’s Global Commercial Banking Clients whose headquarters are located in the Midwest and Texas.
Prior to joining Bank of America Merrill Lynch in 2013, John spent 8 years outside of the banking industry, operating a wholesale distribution business and a consulting practice. Prior the leaving the banking industry, he spent 10 years in the asset-backed securitization market, working for Banc One Capital Markets ( JP Morgan) developing new structured finance products, including one of the first web-based supply chain finance products in the market (2001).
Prior to banking, John spent time in real estate development, and the specialty finance industry, helping build (as its treasurer) a new finance company subsidiary of Aon Corporation, Aon Capital Corporation.
John earned his Bachelor’s degree in English Literature and Economics from Denison University, and his MBA from the Booth School of Business at the University of Chicago.
Session 7: “Faster Payments Update”
Speaker: Amy Smith,The Clearing House Payments Authority
Session Description: Many treasury professionals are either working on moving payments faster, or waiting to implement faster payments. Join us for a discussion on the various initiatives - including the NACHA’s Same Day ACH, Federal Reserve Bank’s work, Early Warning’s Zelle, MasterCard, and Visa’s work in moving faster, and The Clearing House’s Real-time Payments system.
We will explore the use cases and the practical points associated with validating what solutions are right for what scenarios. It is critical to start thinking about faster payments…and you better do it quickly!
Amy Smith brings more than 28 years sales and marketing experience in the financial services industry to her leadership position as Vice President and Executive Director of The Clearing House Payments Authority. She manages the organization’s 12person team of payments experts and provides strategic focus with the goal of maximizing value to a membership of more than 1,280 financial institutions and 1700+ corporate subscribers in Michigan, New York, New Jersey, Pennsylvania, Delaware, the Chicago area, Puerto Rico, and the US Virgin Islands.
She is an Accredited Automated Clearing House Professional (AAP) and Certified Association Executive (CAE).
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DTMA Spring Training May 11, 2017