NCTMA Webinar, ‘Understanding AI: When It Works, When It Doesn’t, and How to Avoid Common Pitfalls’, April 16, 2025

Webinar Title: 

Understanding AI: When It Works, When It Doesn’t, and How to Avoid Common Pitfalls

In this session, we’ll cut through the AI hype to reveal its true potential for treasury operations and decision-making. From automating AR/AP processes to enhancing cash flow forecasting and delegating work to an AI-powered treasury assistant, we’ll explore practical applications that can make a measurable difference. 

We’ll reveal the most common mistakes treasury teams make when approaching AI, from overlooking data readiness to chasing flashy solutions that don't align with core needs. You’ll learn how AI can simplify policy compliance, enable interactive decision-making through natural language queries, and streamline complex workflows. 

By breaking down key terms and concepts, this webinar will empower you to confidently discuss AI in your organization and evaluate whether it’s the right solution for your challenges — or if alternative approaches might serve you better.

Learning Objectives: 

1.      Understand what AI is—and isn’t—in the context of treasury operations, and when alternative solutions may be more effective.

2.      Identify common mistakes treasury teams make when considering AI implementation and how to avoid them.

3.      Gain clarity on practical AI use cases like working capital and cash management automation, policy compliance, dashboards, cash flow forecasting, and their potential impact on decision-making.

Session Highlights:

Understand when AI is the right solution for treasury challenges and when to consider alternatives.

Learn how to avoid common mistakes in AI adoption.

Speakers:

• Tanya Kohen, Director of Treasury, Baptist Health Care;

• Neil Smullian, Head of Growth, WaveAccess

• Paul Chayka, Integration & AI Solution Expert, WaveAccess

The session will be 1 hour long, CTP credit estimation is 1.2 points. The NCTMA members - free access; non-members - $25.