Supply Chain Insight Hub for Treasurers

INTERVIEWEE: Shane Healey, General Manager of Finance, Coles Group; PRESENTER: Guy Saxelby, Co-founder & CEO, Earlytrade

Coles Treasurer, Shane Healey, sits down with Earlytrade Co-founder, Guy Saxelby, to discuss how Coles used technology to optimise supply chain liquidity in order to relieve operational stress during the COVID-19 panic buying and closure of on-premise venues. Still fresh from the Wesfarmers demerger and with many SCF providers receiving heavy criticism in 2020, the pair discuss why Coles felt COVID-19 accelerated suppliers’ liquidity needs and the key factors Shane identified in selecting the right partner to ensure the ethical treatment of all suppliers without removing cash flow transparency for shareholders.

EXCLUSIVE CONTENT FROM THE FTA CONFERENCE

Earlytrade at FTA: Supply Chain Insight for Treasurers

Panel Discussion: The ESG Evolution

PRESENTERS: Michael Momdjian, Treasurer, Sydney Airport Morgan Ellis, Vice President, MSCI Blathnaid Byrne FFTP, Head of Strategic Financing, Decentralised Energy, AGL Energy Limited

A panel of industry experts discuss the broadening of the ESG mandate from simply environmental pillars to include other factors, such as: Social License, Community Relations, Ethical Supply Chains and Diversity & Labour Management. Using real life case studies, the panel also examine how ESG ratings impact company performance and identify the key considerations for treasurers engaging with the growing cohort of ESG investors.

It’s a really interesting time (during a crisis) to be in treasury because you do have that focus of senior management and the board and in particular the business units.

– Shane Healey, General Manager of Finance, Coles Group

Panel Discussion: Treasury of Tomorrow – The Role of Technology

PRESENTERS: Virginia Langeberg, MC and Facilitator, SBS Newsreader; Jamie Whiteway, Chief Commercial Officer, Earlytrade; Albert Naffah, General Manager Payments & the Data Economy, Commonwealth Bank of Australia; Ashley Pater, Chief Product Officer, GTreasury

Industry experts and technology providers share their views on how technology will impact the role of Treasury teams.

• Current technology solutions: NPP, Transaction banking, cashflow forecasting, risk analytics, working capital solutions, case Studies of what cutting edge solutions exist
• 2020 Year of Change: Impact of COVID 19 — work practices, data security, advancement of technology, new risks
• Future: Technology of the future — how is it going to be integrated and applied. Artificial intelligence / robotics / blockchain – high level / macro view.

We have the agility, the technology and the skillset to be able to customise our solutions to an organisation’s needs, which we have done successfully with many clients.

– Guy Saxelby, Co-founder & CEO, Earlytrade

Supply Chain Finance: An Australian Perspective

ATTENDEES: Sam MacPherson (Earlytrade), David Rowe (Stockland), Toby de Riter (Fulton Hogan)

Supply chain finance or ‘reverse factoring’ has grown in popularity throughout Europe, the UK and America, though uptake in Australia and New Zealand lags behind these regions.

As Australia and New Zealand’s largest early payment provider, Earlytrade provides unique insights into the reasons behind this phenomenon, sparking a lively debate as some of the regions leading corporate treasurers share their views.

In light of this, the panel assess the opportunities for treasury teams to create new value and the main considerations when assessing supply chain finance options, including the:

• Importance of ethics in the Australian economy
• Emerging trend of onshoring domestic supply chains and how local technology providers are playing a part in this
• Impacts of new payment terms legislation (Payment Times Reporting Bill 2020)
• COVID-19 response and impacts on the domestic economy