ACTS

Association of Corporate Treasurers (Singapore)

Updates

Singapore Blockchain Week Virtual Summit

By

Dear Members,

Singapore Blockchain Week (SGBCW) will connect the world to enjoy an amazing virtual experience which will be unique, convenient and safe. The premier blockchain industry event will be hosted online and bring together governments, industry leaders, academics and innovators, and aid collaboration on both regional and international level.

The anchor event for the week will be hosted by Blockchain Association Singapore (BAS) and co-organised by NexChange on July 21st, 2020. The conference and exhibition will provide a virtual event platform for both attendees and participants, with high-profile digitally-based interaction.

BAS will also coordinate series of other virtual events such as hackathons and coding workshops on July 22nd and 23rd.

During the event, we are aimed at bringing powerful financial and tech communities to recognise major initiatives within the public and private sectors that can be leveraged to bring financial inclusion to overcome global challenges. Moreover, we will focus on a rapidly developing phenomena of blockchain based finance, where, using the technology, leading enterprises and government organizations are coming together to strengthen the backbone of global trade. On the other hand, we will engage with major providers of blockchain solutions for enterprise to present real-world case studies and global applications. We are keen on proving Singapore’s top rank and the leading centre of digitally driven innovation.

An email has been sent to all members. Please contact ACTS Secretariat if you have not received yours.

 

-Secretariat

ACTS Members Virtual Meet Up

By

Dear Members,

ACTS will be holding a virtual meet ups for our members. More information will be shared in due time.

Please feel free to reach out to ACTS Secretariat if there are any topics you wish to discuss during these meet ups. We want to hear from you!

The meet ups will be virtual/online. Let’s continue to stay safe first. The virus is still out there!

-Secretariat

EuroFinance’s International Treasury Management Virtual Week

By

Dear Members,

EuroFinance’s International Treasury Management Virtual Week is bringing together the greatest minds in treasury on 21-25 September.

Association of Corporate Treasurers (Singapore) is proud to be an official endorser and we have secured complimentary tickets and discounts for our members. Read on to discover how to claim.

Nowhere else can you get a comprehensive mix of big picture global insight and granular treasury knowledge that you need in order to make the right choices for your business this year.

What can you expect this year

NEW* Conferencing without borders
This virtual edition will open the doors to a record number of treasury professionals from around the world – don’t miss out!

NEW* A global coverage
Live content will be available in different timezones around the globe. No matter where you are, you can access the agenda you need for your treasury team.

NEW* Live sessions and video playback
Get total flexibility – Tune in to participate in the 75+ live sessions, or choose to watch a recording of the session later.

PLUS!

  • Nowhere else will you get this level of expertise and networking all in one place
  • Network with an unparalleled senior audience across the world
  • Discover not just the current, but also future trends in international treasury
  • Fit six months’ worth of meetings with your banks, providers and clients into a week
  • Gain fresh perspectives from our headline speakers
  • Delve into the world of new technologies to understand how treasury will change
  • Benchmark your operations with treasurers from all industries

How to claim your complimentary ticket

An email has been sent to all members. Please contact ACTS Secretariat if you have not received yours.

Click here to book yours now!

-Secretariat

ACTS x SAP – Exploring Cashflow and Liquidity for COVID-19 Resilience

By

Dear Members,

We would like to invite you to join our panel of experts at The CFO Perspective live webcast, jointly organized with SAP Concur as we discuss the strategies and recommendations to achieve these in a 60-minute thought leadership panel discussion on Tuesday, 7 July 2020 at 1:30pm – 2:30pm SGT.  The session will include live Q&A so you can ask the questions most important to your business.

To help us tailor the webcast to your interests, we are conducting a short survey (3mins) to understand your current key business concerns and how your company has optimized cash flow to minimize the impact of economic disruption.

Sign up now. Even if you can’t join live, register now and we can send you the recorded webinar to watch at your convenience.

Explore the issues and actions your company can take to manage cash pressures during these unprecedented times.

Cash is king. In these uncertain times, it is vital to know how potential disruptions to operations can affect your company’s cashflow and liquidity.

Whether you’re facing unforeseen challenges or unexpected opportunities at the moment, you are likely to need to consider the following:

  • Manage cash flows and liquidity with a mind to grow easily and effectively when the economy reopens
  • Reclaim VAT to generate cash and reduce operational expenditure
  • Increase controls around approval of supplier and customer payments, monitor cash inflows and outflows
  • Use AI and machine learning to optimize cash flow and working capital
  • Leverage data analytics to take advantage of favorable terms in negotiations and payment strategies
  • Pay on time, but don’t pay early, and if necessary, consider renegotiating payment terms
  • Get upfront visibility and control of large purchases
  • Maximize credit benefits, get the right spend on to PO, non-po, credit and cash to maximize your rebates and use of the credit available

Our panelists include a well-regarded PwC consultant, finance experts and SAP Concur finance specialist:


Saurabh Jain
Partner, Management Consulting
PwC


Andy Watson
SVP & General Manager
SAP Concur Asia Pacific Japan & Greater China, SAP Concur


Brendon Silver
CEO
VAT IT


Dennis Chia
CFO
Starhub Ltd

-Secretariat

ACTS x Deloitte: COVID-19: Recover and Thrive for Corporate Treasury

By

Dear members,

In this webinar in collaboration with Deloitte, we will explore how corporate treasury could thrive on and recover gradually along this journey by looking at relationships between internal and external stakeholders, changes in working capital strategies, funding sources as well as treasury operations in order to meet the evolving business needs.

Thriving in Volatile Times

The COVID-19 outbreak has caused huge disruptions in people’s lives and created significant challenges to organisations. Many companies’ operations have been negatively impacted by COVID-19; cash and liquidity have deteriorated faster than expected.

Treasury has been on the front line of organisations, facing different challenges such as variance in cash flow forecasting, disruption in financial supply chain, volatility in currency exposures, changes in counterparty risk management, negotiation for emergency funding solutions, long term business continuity plan etc. The economic impact of this crisis is still uncertain and recovery will take months or years depending on the industry. Changes in consumer spending and market demand will also reshape the economic landscape locally and globally.

Deloitte Treasury Advisory will be doing a short presentation followed by an exclusive industry panel with treasurers from Isuzu Motors, Paypal and Rio Tinto sharing their experience and vision in thriving on during this crisis.

For more info and registration please click here!

-Secretariat

ACTS x Bloomberg: Staying ahead of the IBOR transition curve [On-Demand Replay]

By

Dear Members,

 

To watch the replay, please sign up below and you will receive our on-demand playback link.

Spotlight on IBOR for corporate treasurers

The IBOR transition deadline is drawing closer for corporations. In order to effectively guide their organization’s transition while minimizing risk, corporate treasurers must equip themselves with the right knowledge and solutions.

We invite you to join a special webinar covering the latest updates on IBOR transition for corporates, with presentations by the Monetary Authority of Singapore (MAS) and the Steering Committee for SOR Transition to SORA (SC-STS). In partnership with the Association of Corporate Treasurers (Singapore), the session will also feature a panel bringing together treasury managers to discuss challenges, roadmaps, timelines and impacts of the transition to risk-free rates—for both corporate treasuries and Singapore as a whole.

Link to the replay here!

 

-Secretariat