Developed exclusively for Australian treasury teams at the FTA Conference 2020
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.
A free supply chain data analysis offer is available to treasury teams for a limited time. Outcomes will identify working capital opportunity and regulatory risk exposure to the new Payment Times Reporting Act, derived from an analysis against Earlytrade's 50,000+ business marketplace.
Earlytrade facilitated a closed door focus group with Treasurers for the FTA on 11 November that addressed myths and misperceptions around supply chain finance in Australia. The session drew on exclusive survey data and real case studies from Australia.
Request a copy of the final, anonymized and aggregated report which will be available in December.
TAKE THE SURVEY (1min.)
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
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.
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
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 (TBC & TBC) 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:
Connect with our team of supply chain and treasurer experts