Episode 287: The Strategy CFOs Use to Boost Liquidity and Cut Waste by Aligning AP & Treasury with Tamir & Rajiv

In this episode of Corporate Treasury 101, we explore how corporate treasurers can enhance collaboration with Procurement and Accounts Payable (AP) teams to optimize working capital, reduce the cost of capital, and improve cash flow visibility. Tamir Shafer and Rajiv Ramachandran from Coupa share insights on the interdependencies between Treasury, Procurement, and AP, and how technology platforms can break down silos and streamline these critical financial functions. With growing complexity in supply chains and supplier payment management, treasurers need new strategies and tools to drive efficiency and financial health across the organization.Tamir Shafer, Area Vice President at Coupa and a former Treasury practitioner, offers a unique perspective on how Treasury can better engage with Procurement and AP. Rajiv Ramachandran, Senior Vice President of Product Strategy at Coupa Pay, explains how integrated spend management platforms empower companies to gain early visibility into payments and cash flow forecasts while enabling innovative solutions like dynamic discounting. Together, they unpack how Treasury can become a strategic leader by working closely with these departments.What You’ll Learn in This EpisodeThe roles Procurement and AP play and their impact on Treasury operationsHow Treasury, Procurement, and AP interconnect to manage supplier contracts, payments, and liquidity riskWays data analytics and technology platforms like Coupa improve spend visibility and cash flow forecastingPractical insights on dynamic discounting and working capital optimization across the supply chainTips for breaking down organizational silos and fostering cross-department collaboration for financial transformationEpisode Breakdown & Timestamps [00:00] – Introduction and $100 AFP Certification Discount [00:37] – Meet Tamir Shafer and Rajiv Ramachandran from Coupa [02:17] – What Does a Procurement Department Typically Do? [06:11] – Supplier Contracts, Risk, and Treasury’s Role [08:54] – Understanding the Accounts Payable Process [13:17] – Optimizing Working Capital through Dynamic Discounting [20:01] – Simplifying Payment and Financing with Technology [25:27] – Integration Challenges and Supplier Onboarding [30:10] – Interdependencies Between Procurement, AP, and Treasury [37:03] – How Coupa Enables Collaboration Through Unified Platform [42:54] – Learning Across Departments and Breaking Silos [48:00] – Why Coupa Linked Procurement, AP, and Treasury [56:00] – Final Advice: Treasurers as Superheroes and Change Agents [58:00] – Closing and How to Learn More About Coupa and Our GuestsFollow Our Guests:Tamir ShaferLinkedIn: https://www.linkedin.com/in/tamir-shafer-0722434/ Website: https://www.coupa.com/ Coupa (LinkedIn): https://www.linkedin.com/company/coupa-software/ Rajiv RamachandranLinkedIn: https://www.linkedin.com/in/rajiv-ramachandran-7a60b91/ Website: https://www.coupa.com/ Coupa (LinkedIn): https://www.linkedin.com/company/coupa-software/ Follow Corporate Treasury 101:Website: https://corporate-treasury-101.com/ LinkedIn: https://www.linkedin.com/company/86645197/admin/dashboard/  Follow Hussam & Guillaume:Hussam on LinkedIn: https://www.linkedin.com/in/hussam-ali-6bb69186/ Guillaume on LinkedIn: https://www.linkedin.com/in/guillaume-jouvencel/ Gha Marketing Website: https://ghapodcast.com/ #CorporateTreasury #MoneyMarketFunds #TreasuryTechnology #InvestmentPortals #TreasuryAnalytics #RiskManagement #CTPDiscount #TreasuryPodcast----------------------------------------------------------------------------------Get $100 off any AFP product, including their CTP Exam Prep Platform, using our discount code! Find this and More on our partner's pagehttps://www.corporate-treasury-101.com/partners-page