AFP Conversations

In part two of a two-part interview executive coach Chip Colbert joins host Jim Kaitz for a special AFP Conversations: Leadership Series podcast.

Colbert led an executive coaching series at AFP 2018. He was so well received that he and his executive coaching series will return to AFP 2019 this October in Boston. Read Colbert's top 10 leadership traits.

Working with Starfish Leadership and the Fully Charged Institute, which he co-founded, Colbert has coached hundreds of leaders in numerous organizations to help them improve their performance. He's also the Managing Director of ITC Global Advisors, a consulting firm that brings private sector innovation to international security challenges.

Over a 20-year career in the United States Army, Colbert served in a number of leadership positions and deployed worldwide in support of military operations. Colbert is a graduate of the United States Military Academy at West Point, and he holds a Master of Arts Degree in Organizational Psychology from Columbia University.

"Chip has a knack for drawing out insights and wisdom and figuring out how to improve your performance," Kaitz said. "He's really been an amazing resource for me, so I invited him to be on the podcast so you can learn from him as well."

Kaitz is chief executive and president of the Association for Financial Professionals.

AFP 2019, this October in Boston, is where treasury and finance professionals separate the hype from the reality. Visit www.afp2019.org/register to sign up and use discount code AFP2019EXEC at checkout to save $100.

There is so much going on in the payments space today – mobile, digital, blockchain, and more. But let's not forget Real Time Payments, which launched a little over a year ago. Developed by The Clearing House and its 25 owner banks, RTP is the first new payments infrastructure in the U.S. in more than 40 years. The first real-time payment occurred on November 13, 2017 and was a $3.50 transfer between BNY Mellon and U.S. Bank -- but it took only took three seconds to settle.

So it makes sense that an executive from one of those banks joins AFP Conversations host Ira Apfel to explain why Real-Time Payments is such a big deal.

Adam Kruis is Vice President, Working Capital Consultant, Treasury Management with US Bank. Before that he was with GE Finance. Adam talks to treasurers all the time so he understands their challenges as well as he knows Real Time Payments.

AFP 2019, this October in Boston, is where treasury and finance professionals separate the hype from the reality. Visit www.afp2019.org/register to sign up and use discount code PODCASTAFP2019 at checkout to save $100.

In part one of a two-part interview (look for the second half next week), executive coach Chip Colbert joins host Jim Kaitz for a special AFP Conversations: Leadership Series podcast.

Working with Starfish Leadership and the Fully Charged Institute, which he co-founded, Chip Colbert has coached hundreds of leaders in numerous organizations to help them improve their performance. He's also the Managing Director of ITC Global Advisors, a consulting firm that brings private sector innovation to international security challenges.

Over a 20-year career in the United States Army, Colbert served in a number of leadership positions and deployed worldwide in support of military operations. Colbert is a graduate of the United States Military Academy at West Point, and he holds a Master of Arts Degree in Organizational Psychology from Columbia University.

Colbert led an executive coaching series at AFP 2018. He was so well received that he and his executive coaching series will return to AFP 2019 this October in Boston. Read Colbert's top 10 leadership traits.

"Chip has a knack for drawing out insights and wisdom and figuring out how to improve your performance," Kaitz said. "He's really been an amazing resource for me, so I invited him to be on the podcast so you can learn from him as well."

Kaitz is chief executive and president of the Association for Financial Professionals.

AFP 2019, this October in Boston, is where treasury and finance professionals separate the hype from the reality. Visit www.afp2019.org/register to sign up and use discount code AFP2019EXEC at checkout to save $100.

Are you an extrovert or an introvert? In the finance world we tend to associate expertise with extroverts. They can command a room and dominate a presentation with their confidences. Introverts? They're too quiet, and not charismatic enough. They sit in their cubicles and take orders.

John Sanchez disagrees. He thinks we've got it all backwards. In fact, he believes introverts have innate abilities that are critical to effective communication—especially in finance. John goes so far as to call introversion a superpower.

Sanchez, who is Managing Director of the FPA Group, explains how introversion is a superpower and how finance professionals can leverage this personality trait. He explained how to turn introversion into jobs, assignments and opportunities.

Please leave a review of AFP Conversations -- it helps other people find the podcast!.

There's a ton of new technology out there in treasury and finance world, and you only have so much time in the day to read up about them. More important, treasury and finance professionals only have so much money to spend on them. Even more important, customers will only care about a few of them -- if any.

So what's a treasury and finance professional to do?

That's the question for today's guests, Dan and Bill Carmody.

Bill Carmody has been in digital marketing since the concept's inception in 1994. He built some of the first commercial websites for AT&T, MasterCard, CBS and Coors. He placed MasterCard's very first banner ad on Yahoo, and he's founded two marketing agencies including his latest, Trepoint.

Dan Carmody is president and executive director of TreaSolution as well as a faculty member at Northwestern University, where he teaches a post-graduate Certified Treasury Professional course.

Today on the podcast: Fighting low-tech payments fraud.

With all the focus on fintech these days it's no surprise that when it comes to payments fraud treasury and finance professionals tend to focus on hi-tech fraud like business email compromise and phishing.

But there's plenty of old-fashioned low-tech fraud that you may have forgotten about. Stuff like embezzlement. And check fraud – which was once again one of the most common forms of fraud in the annual AFP Payments Fraud Survey.

Kasthuri Henry understands this all too well. She spoke about low-tech fraud at AFP 2018. Henry holds a PhD and a CTP. Dr. Henry was the treasury consultant for Warren Buffet's purchase of Duracell from P&G, and she's currently driving all post-acquisition simplification and technology integration. In addition, she is the interim treasurer for Duracell assisting with the day-to-day operations.

Please leave a review of AFP Conversations -- it helps other people find the podcast!

Have you ever wished you could do a better job persuading -- especially at work? Today's guest, Lynne Franklin, is all about helping people do a better job of persuading. Franklin spoke at AFP 2018 in a session titled "Practical Neuroscience: How to Get More People to Agree with You."

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Scott Salmirs, CEO of ABM Industries, joins host Jim Kaitz for a special AFP Conversations: Leadership Series podcast. As the CEO of a 110-year-old company with $6.4 billion in annual revenue and 140,000 employees around the world, Salmirs can discuss many things. But this chat focused on digital transformation: How does the CEO of a venerable facilities management firm navigate the wrenching changes brought about by new technology?

Kaitz also is a CEO -- he's chief executive and president of the Association for Financial Professionals. Listen as these two industry leaders discuss how they navigate digital transformation.

With a background in finance and IT, guest Tom Blakeley is uniquely qualified to discuss the impact of robotic process automation on FP&A. A director with Performance Architects, Blakeley helps FP&A teams create RPA for their reporting and forecasting. Blakeley will lead a session at FinNext, March 17 to 19, in Las Vegas.

Learn more at www.FinNext.org.

Please leave a review of AFP Conversations -- it helps other people find the podcast!

What does digital disruption mean for finance and FP&A? And how can finance and FP&A professionals navigate the transformation? Brian Mehr, has some thoughts.

Mehr is a vice president at Southern New Hampshire University, where he leads their FP&A department. He's also a speaker at FinNext, March 17-19, in Las Vegas.

Mehr spoke to AFP Conversations host Ira Apfel about how he and his team have redesigned the FP&A and budgeting process at SNHU and the lessons he's learned along the way.

Learn more at www.FinNext.org.

Please leave a review of AFP Conversations -- it helps other people find the podcast!