Session 08 | Texpo Conference

Let’s Talk about Escheatment (aka Unclaimed Property Compliance) (B)

Heather Steffans, Partner, Strategic Solutions - MarketSphere Unclaimed Property Specialists

Tuesday, April 16th
4:00pm - 5:00pm
Waterway 1

Session Description

Unclaimed Property…Bottom line, it’s the law. Companies holding unclaimed property are coming under increased risk of penalties and interest if non-compliant. The session will discuss foundational responsibilities, potential audit triggers, and ways to come into compliance if liabilities are uncovered (voluntary disclosure agreements). We will share insights on what’s going on in the industry, ways to become compliant, and provide best practice strategies.

This session is valuable to novices and those looking to expand their skills with managing unclaimed property compliance. Heather will deliver information to help attendees gain a better understanding of what unclaimed property is, why it is important and risks that could be faced for non-compliance. Tools and strategies will be discussed that aid an organization to identify gaps in their compliance program and improve procedures.

Speaker Information

Heather Steffans has over 25 years of professional experience in assessing the escheatment gaps of an organization and marketing unclaimed property solutions to holders. Steffans is a respected senior unclaimed property business development professional with proven skills in needs analysis and strategic problem solving to help unclaimed property holders reduce the negative impact of escheatment and achieve best outcomes. Steffans is recognized in the abandoned and unclaimed property industry as a subject matter expert and thought leader, tradeshow expert, popular industry conference speaker and veteran webinar presenter. Heather served on the Board of Directors of the Unclaimed Property Professionals Organization (UPPO) from 2017-2022 and completed her term as the immediate past president for 2021/2022. Experience: Heather has presented similar presentations at AFP, Windy City, MN AFP, St Louis TMA, New England AFP, New York Cash Exchange, UPPO, American Payroll Association, etc. Many years ago, I’ve spoken at TEXPO conferences when Ray Ruzek was involved.

ACH Payments Aren’t Going Anywhere (I)

Energy Industry Roundtable (I)

David Wilson, Senior Treasury Management Sales Consultant - Wells Fargo
Sheretta Jones, Manager, Cash Operations & Banking - Transocean
Ashley Calhoun, Treasury Manager - Ranger Energy Services

Tuesday, April 16th
4:00pm - 5:00pm
Waterway 5

Session Description

It’s no surprise that the energy industry has never been more challenged to build, retain, and develop top-performing teams. Hiring Managers and Human Resources alike are given conflicting priorities including streamlining operations, remote work challenges, ESG initiatives, learning the ins and outs of LCs, CP, and more. Today we invite anyone in this complex and growing industry to join our conversation on talent acquisition, retention, and development.

Hear how your peers in the Energy sector are meeting their hiring needs so you can bring back this invaluable knowledge to your organizations.

Speaker Information

David Wilson is a Senior Treasury Management Consultant with Wells Fargo Corporate Banking & Specialized Industries, supporting Energy & Utilities clients in the U.S. and Canada. With over 10 years of experience assisting companies with complex cash flow cycle needs, he manages a portfolio of North American clients within Wells Fargo’s Energy & Power Division to maximize the efficiencies of their payment and receivable channels while minimizing his clients’ exposure to fraud.

Sheretta Jones is a native of Houston, Texas and received her grade school education in North Forest ISD, graduating as Valedictorian from Forest Brook High School in 2002. She went on to attend the University of Texas at Austin on a full academic and athletic scholarship, completing a five-year degree program, receiving a Bachelor of Business Administration degree in Accounting and a Masters in Professional Accounting degree. Her most decorated athletic achievements included becoming a 2-time NCAA Track & Field Champion, 3-time Big 12 Track & Field Champion, and an NCAA and School Record Holder. One of her dearest moments before leaving UT was being given the honor to speak at her graduation ceremony, rendering words of encouragement and motivation to her graduating class. After graduation, Sheretta was employed by KPMG, LLP, one of the nation’s Big Four accounting firms, working as a Senior Audit Associate. Deciding it was time for a change, Sheretta went on to pursue opportunities at Transocean, the world’s premier offshore drilling company, where she is currently employed. In her tenure at Transocean, Sheretta has quickly climbed the corporate ladder, having managed, and contributed in various areas of Finance, including Accounting, Internal Controls, and now Treasury as the Manager of Cash Operations and Banking. Sheretta currently lives in Houston, Texas with her daughter, Emery. Sheretta is an active member of the St. Luke Missionary Baptist Church, under the leadership of Dr. Stanley T. Hillard, where she has served as Chair of both the Scholarship Committee and Mime Ministry. She is also a motivational speaker and serves as Board Member and Treasurer for two non-profit organizations, The Kiel Colon Cancer Foundation and The Transocean Employee Support Fund.

Ashley Calhoun currently works as Treasury Manager reporting to the CFO at Ranger Energy Services, an O&G services company. In the nine years since she completed her MBA, Ashley has pursued a career in Treasury within the Energy Sector. Prior to Ranger, she worked for Surge Energy, an E&P with assets in the Permian. During her career, Ashley has been an influential participant in several large financial decisions, including two that were upwards of $800 million. Such major decisions tend to impact all areas of a company’s operations including employee work satisfaction and retention. This experience, along with currently leading a distributed/remote team of professionals, have given her a breadth of understanding of the issues relating to work satisfaction and retention in a rapidly changing culture – from the corporate to the personal.

From Vulnerabilities to Viability: Addressing Technical Debt in Aging Tech Infrastructure (I)

Eric Webb, Wholesale Payments Solutions Consultant, SVP - Truist
Terry Hooks, Wholesale Payments Solutions Consultant, SVP - Truist

Tuesday, April 16th
4:00pm - 5:00pm
Waterway 6

Session Description

Technical debt represents a real cost for organizations and should be considered while navigating treasury integration, transformation and implementation efforts. Improving a firm’s tech-debt position helps to direct technology resources toward initiatives that increase revenue. It may also be true that companies with stronger business performance are able and more willing to proactively pay down technology debt, lowering risk and securing the path for longer-term performance.

Business operations come with hidden costs— and treasury is no exception. Some sources and causes of technical debt include leveraging legacy systems that may not automate processes or meet the demands of the organization. In some cases, this occurs because of acquisitions or short-sighted decision-making to resolve an issue quickly without recognizing the long-term impact to the organization.

During this discussion, we will explore sources and causes of technical debt with a focus on awareness. We will discuss evaluation of current internal environments and processes while identifying technologies that are ineffective or inefficient. We will also highlight key partnerships with trusted advisors to help attendees navigate their journey to explore new and emerging technologies and processes that drive down technical debt in treasury workflows. Our discussion will conclude with tools and principles the audience can apply to their everyday roles as treasury professionals to help their organization navigate the technology landscapes.

Increased long-term operational risk and cost
Reduced ability to leverage IT resources for revenue generation
Reduced innovation and resiliency
Reduced ability to be positioned for growth and renewal

Speaker Information

Eric Webb is a Senior Solutions Consultant at Truist supporting our Treasury Sales Consultants in Corporate and Investment, Commercial Community, Commercial Real Estate, Private Wealth and specialty verticals of Healthcare and Government Services. His team helps businesses with their most complex treasury needs in partnership with Treasury Sales Consultants and their clients by leading strategic dialogue and providing expertise on working capital and digital solutions that ultimately improve the efficiency and effectiveness of treasury operations. This includes providing subject matter expertise by translation of technology to business value, automating payment and information reporting workstreams, leading treasury process reviews, educating through demos of key solutions, and engineering customized product solutions.

Terry Hooks is a Senior Vice President in the Wholesale Payments division of Truist Bank. His current role is Treasury Solutions Consultant. Terry attended Eastern Michigan University and has over 30 years of experience in the financial services industry. His banking background encompasses various leadership roles in treasury management, banking operations, risk management, and consulting. Today, Terry provides complex treasury solutions consulting services to clients.

Cash Optimization to Improve Return on Latent Cash (A) (E) (G)

Unlocking Value: Building A Business Case for Digital Receivables Transformation (I)

John Melvin, Vice President - U.S. Bank
Suzanne Hall, Assistant Treasurer - Leggett and Platt

Tuesday, April 16th
4:00pm - 5:00pm
Montgomery C

Session Description

In today’s payment landscape, meeting elevated expectations is crucial. Embracing digital payments offers more than just speed: it can create exceptional experiences for your customers, enhance working capital control, and provide access to advanced fraud prevention tools, unavailable with traditional paper-based payments.

Understand the importance of meeting elevated customer expectations in today’s payment landscape.
Explore the multifaceted benefits of embracing digital payments beyond speed.
Gain insights into enhancing working capital control through digital receivables transformation

Technology Track Sponsored by HighRadius

Speaker Information

As a payment’s innovator and Certified Treasury Professional, John Melvin does more than just advise clients and prospects on credits and debits. With more than twenty-five years of treasury management experience, john provides strategic leadership, business process re-engineering, change management expertise and thought leadership to numerous industry segments facilitating significant costs savings and liquidity impact. John also works with our payments innovation lab to enhance and revolutionize payment and data streams. Through agile discussions, clients and prospects are engaged to reform the end user experience. John has published numerous articles regarding payment strategies and operational enhancements for receivables, payables and liquidity management. He has also presented at several regional AFP chapters and at the national AFP. When John isn’t solving for payment innovation, he enjoys playing golf, reading, hanging out with family and friends as well as hosting an annual neighborhood barbeque. He also supports Gigi’s Playhouse, a nationwide down syndrome achievement center network.

In her current position as Assistant Treasurer at Leggett & Platt, Suzanne Hall has been responsible for domestic investments, cash management, supervision of bank relationships and services, and leading the shared services initiatives for the organization. She has worked for Leggett & Platt for the past 25 years and has held numerous positions within the organization. She is the Project Manager on many working capital initiatives, being tasked as the liaison for the Procurement/IT/AP and Credit departments. Suzanne holds a BS in Finance as well as in Accounting. She is also certified in Six Sigma. Her involvement in Cyber Fraud with Leggett began with the inception of the Cyber Response Team in 2015. She was an inaugural member of the committee and helped to form the response plans used today.

CTP – Session 8 – Mastering CTP (ETM7) Materials (B)

Dubos Masson, Ph.D, CTP, CertICM, President, The Treasury Academy
Raymond Vines, CTP - Part Time Treasurer, Treasury Consultant, Trainer - Turningpoint Communications

Tuesday, April 16th
4:00pm - 5:00pm
Montgomery A&B

Session Description

CTP Math Session 2 – Review of Advanced Calculations
Course Wrapup

Speaker Information

D.J. Masson, Ph.D., is President of The Treasury Academy, a training and consulting firm specializing in treasury management, international finance, business forecasting, and risk management. Over the past 25 years, D.J. has provided business and financial consulting and training services to a wide variety of corporations, financial institutions, and not-for-profit organizations in the U.S., Canada, and abroad. He is currently an Associate Clinical Professor of Finance at Indiana University’s Kelly School of Business and is a trainer and curriculum developer for programs with Association for Financial Professionals (AFP), GT News and Association of Corporate Treasurers (ACT) in the U.K, and Citibank’s Global Transactions Services unit. D.J. has extensive experience in developing curriculum for a wide range of teaching and training environments, both residential and on-line. He has developed classes and taught at all levels of higher education: undergraduate, MBA, Executive MBA, and in-house, custom-designed courses. D.J. has worked with professional associations to develop workshop, training materials, and certification programs in the areas of Treasury Management, Credit Management, Global Cash Management, Financial Forecasting, Commercial Banking, and Risk Management. D. J.’s educational background includes a B.A. in Business from the University of New Orleans and an MBA and Ph.D. in Finance from Indiana University. D.J. earned his Certified Cash Manager (CCM/CTP) credential in 1988. D.J. also earned the Cert ICM, an international cash management certification, from the Association of Corporate Treasurers (ACT) in the UK in 1999.

Ray Vines brings 30 years of corporate treasury experience (and honesty) to bear for Turningpoint Communications’ treasury management sales trainees, customers, customers’ clients and other key constituents as the “voice of the client” for programs, documentation and high-touch client experiences. Ray is also an instructor for the Association for Financial Professionals’ (AFP) Certified Treasury Professional (CTP), Treasury Learning System instructor-led courses, educating hundreds of prospective CTP candidates each spring and fall for Rice University and the University of Texas. Formerly, Ray served as Director of Treasury for Dean Foods in Dallas for seven years, where he was responsible for leading treasury operations and his team, managing internal and external relationships and continuous process improvement. Prior to Dean Foods, Ray spent 20 years at RadioShack as Director of Treasury Operations. Ray is an active participant in enhancing the role of treasury management as an industry and career through his participation on industry roundtables and his leadership of the Dallas AFP, including his role as past president of the . Ray co-chaired the award-winning TEXPO conference in Dallas in 2018, leading all technological, marketing and communications aspects of the conference and is a key member of the content team for #DallasTEXPO2023. Ray holds a B.S. in Finance and MS in Accounting from the University of Texas and is a Certified Treasury Professional (CTP). Ray is also a WSET Level 3 Advanced (Wine & Spirits Education Trust) Wine and Spirits Certified instructor, and customizes courses in wine/spirits etiquette for financial audiences and executives.