Working Capital Summit
NASDAQ Entrepreneurial Center, San Francisco – October, 10 2018
On the East Coast? Check out our event in Chicago
join the cash flow revolution
Companies all around the world are dealing with the need to transform if they are to compete in a digital world. That’s a given. But, of course, the need for transformation brings about the need for cash.
This leads to the big question. How do companies move from out-dated working capital programs to innovative, cash optimizing solutions in a way that is cost-effective and simple for all involved?
What to expect
Join us at the Working Capital Summit where you will:
from the Fortune 500 gamechangers who are transforming their cash flows
how emerging technologies are enabling companies to free up cash
insight using AI to understand the opportunity that lies within your supply chain
Bringing together some of the best financial minds in the world, the Working Capital Summit features a full day of actionable advice, networking opportunities, fresh ideas, and more.
October 10, 2018
Arrivals & Networking
Here's to the gamechangers
Here’s to the gamechangers. For too long archaic processes and functional silos have meant that cash has been trapped in supply chains globally restricting innovation and growth. At the Working Capital Summit we are bringing together the gamechangers who are redefining how their companies optimize working capital, leveraging technology to unlock this critical resource and put it to work.
Keynote: The 2008 Financial Crisis ten years on
Ten years on from the 2008 Financial Crisis and the global marketplace is if anything, even more uncertain and unpredictable. Hear from noted economist John Ferguson, as he shares his take on the five greatest risks to the global economy over the next 12 months and his analysis on what this means for Global 2000 businesses.
Fit for the future?
According to George Papanikolopoulos, head of working capital at Telstra, if companies are to survive they need to have working capital ‘fitness’ in order to be prepared for the unknown unknowns in an increasingly unpredictable global marketplace. Today Telstra has achieved this goal with improved free cash and strong liquidity, despite constrained and pressured earnings. In this session George will describe Telstra’s journey in transitioning from tactical programs to true working capital fitness highlighting the role that technology has played in enabling this transition.
Driving real cash value through the supply chain
Traditionally, working capital programs have been regarded as one-hit wonders giving a single cash injection onto the Balance Sheet. However, Andrew Wilson, former head of working capital at AstraZeneca argues that companies that take this approach to early payment programs are leaving a huge amount of value on the table. In this thought-provoking session, learn how by leveraging technology companies can transition from delivering a one-time working capital gain into an on-going strategy that frees up cash and lowers costs for all parties in the supply chain.
Funding innovation, the supplier perspective
Silicon Valley start-ups can be a critical source of innovation for Global 2000 established businesses. Yet relationships are often strained as these fragile companies fight to maintain positive cash flows in the face of uncertain and lengthening payment terms. Hear Sandeep Shroff, CFO Aria, describe the working capital transformation his company experienced as one of their key clients’ Telstra adopted Taulia’s early payment solution.
The Democratization of Capital: Lex Greensill
Capital should be made available to every business, no matter its size, on the same basis as it is routinely provided to large corporations by traditional banks. Hear from Lex Greensill, founder and CEO of Greensill, a leading provider of working capital to companies globally, as he sets out his vision of a world where capital flows where it’s needed, when its needed through the provision of innovative, technology-enabled working capital solutions.
Artificial Intelligence as a gamechanger
Technology has transformed the ‘art of the possible’ in working capital management. Today with partners like Taulia, companies have become connected, financial information is easily exchanged and every company in the supply chain can choose when to be paid. Yet the reality is technology-led innovation is just getting started. Hear from Brady Cale, Taulia’s CTO who will share a sneak peek into the future of working capital. A world where companies have unparalleled visibility over their cash positions, where Artificial Intelligence optimizes every interaction across payables, receivables, and inventory and where companies can get paid when and how they choose.
Transformation at the speed of light
When Newell Rubbermaid took the decision to focus their business it included disposing of non-core assets thereby reducing revenues from $16 billion to $9 billion. The change in scale led to a ‘cash awaking’ in Newell with the understanding that if they are to successfully compete they need to develop a core cash efficiency culture. This encompassed a leaner cash conversion cycle, freeing up cash for critical investment and being financially better prepared for unplanned events like the collapse of Toys-R-Us. Hear from Patrick Loeuis as he describes Newell’s lighting fast cash transformation enabled by technology, and how they’re achieving this in partnership with their suppliers.
Networking Cocktail Reception
Manager, Procurement Strategy,
General Manager Procurement,
Lex Greensill CBE
Founder and CEO,
Director of Global Forecasting,
Former head of working capital,
CEO and President,
Chief Technology Officer
NASDAQ Entrepreneurial Center
505 Howard St, San Francisco, CA 94105, USA
What are you waiting for? Register today and take the first steps in learning how you can drive change for your business and free up millions of cash.