Event Details*
Thursday, February 01, 2024
On-Demand; 1.2 AAP/APRP CEU Eligible
Level: Beginner
Event Registration**
Member Price: $150.00
Non-Member Price: $325.00
**$150 member registration fee includes 3 registrations. Additional members may be registered for $25/person. All members must be registered at the same time, and you must be logged in to receive this pricing.
You may have heard the term Treasury Management, but do you understand what this means and why it would matter to a financial institution? Treasury management services include a combination of comprehensive offerings such as ACH origination, account reconciliation, wire transfer services, automated invoicing, lockbox, positive pay, and more that help business clients effectively manage their cash flows through money management and money movement services. These products are often tied to an account analysis program that offsets fees through earning credit rates (ECR). Account analysis benefits the FI and business client alike and specifically allows an institution to prompt higher deposit balances.
In this session, we discuss what these types of services are and how they are used by businesses. We then relate them to the value propositions they provide for financial institutions. Specific topics we will address and answer the following questions. How can businesses move money? How do businesses properly manage their cash flow positions? How do businesses maximize the usage of their funds? What tools are available to businesses looking to optimize accounts receivable and payment functions? What fraud prevention mechanisms align with treasury services?
Those working in the business banking, cash management, and treasury services space can benefit from this class. Come join this session where explore this topic and more as we introduce the value of treasury management services.
Attendees of the Introduction and Value of Treasury Management Services should walk away being able to:
• Demonstrate an understanding of commonly used treasury management banking services.
• Categorize the different types of treasury management services.
• Question how one’s own institution might further capitalize from expanded treasury service offerings"
Speaker:
• Mark Dixon, AAP, APRP, NCP, Vice President, Education, NEACH
Audience:
• Electronic Banking
• Operations
• Originator/TPS Education
• Treasury/ Cash Management
*Please note that the access information will be sent to you in a separate email upon receipt of payment. Access information and support are only provided during normal business hours.
**$150 member registration fee includes 3 registrations. Additional members may be registered for $25/person. All members must be registered at the same time, and you must be logged in to receive this pricing.