Last week, the national AFP 2024 conference wrapped up, bringing together the brightest minds in corporate finance and treasury. CNote was proud to participate, hosting a pivotal presentation alongside Xylem and Block titled “Decarbonizing Cash: Treasurers are Key in Cutting Climate Emissions.

During this session, CNote’s CEO, Cat Berman, moderated a discussion on the role treasurers can play in sustainability by leveraging insured deposits for carbon reduction. The presentation featured insights from Xylem’s Director of Treasury, Aaron Johnston, and Block’s Investment Portfolio Manager, Michael Nourafshan. They shared their experiences in aligning treasury strategies with sustainability goals, including how they manage risk, and financial performance, and measure success in decarbonizing their cash holdings.

Read about how deposits can foster sustainability in communities like Flywheel Development, in Washington D.C.

In addition to leading this impactful session, CNote spent time listening and engaging with industry leaders at AFP, where three key trends emerged that will shape the future of corporate treasury:

1. 2025 Yield Predictions: Interest Rate Cuts Ahead

One of the most discussed topics at AFP 2024 was the outlook for interest rates in 2025. Many treasury professionals expect the Federal Reserve to lower rates, with predictions ranging from 4% to as low as 3.5%. Although the exact figures are still up for debate, there’s a strong consensus that the era of high rates is coming to an end.

For CNote, this trend underscores the importance of providing secure, yield-bearing solutions, especially as treasurers look to protect their organizations’ cash reserves in a lower-rate environment. CNote’s Impact CashⓇ and Climate Cash™ solutions* offer insured deposits that not only provide safety but also deliver steady returns, even as rates fluctuate. With a focus on impact investing, it allows treasurers to meet their financial goals while supporting community development.

2. Safety and Soundness: A Continuing Priority

In light of recent banking challenges and ongoing economic uncertainty, safety and soundness remain top priorities for corporate treasurers. At AFP, this theme was discussed across multiple sessions, as treasurers are increasingly focused on protecting capital while still seeking opportunities for growth.

CNote’s offerings* are designed to meet these needs head-on. By providing insured deposits through mission-driven financial institutions, we offer corporate treasurers a way to safeguard their cash with the added benefit of contributing to community impact. In an environment where security is paramount, treasurers can rest assured that CNote’s cash management solutions provide the reliability and peace of mind they’re looking for.

3. AI and Automation: Striking the Right Balance

Another major trend from AFP 2024 was the increasing role of AI and automation in treasury operations. Many organizations are adopting automation to streamline processes and increase efficiency, but there’s also recognition that not every task should be automated. Human judgment and expertise are still critical in areas like risk management and strategic decision-making.

For CNote, this trend aligns with our commitment to balance technology efficiency and human-led relationship management and expertise. While AI can enhance efficiency, particularly in cash flow management and analytics, there’s no substitute for the expertise needed to make informed, values-driven financial decisions. CNote’s platform, while tech-forward, is built on the belief that impactful finance requires both innovation and intentionality.

Looking Ahead

As we reflect on our time at AFP 2024, we’re excited to take the insights and trends we’ve gathered and apply them to the remainder of the year. From preparing for changes in interest rates to enhancing the safety of corporate cash management, and finding the right balance between automation and human expertise, CNote is well-positioned to help treasurers navigate the evolving financial landscape.

CNote looks forward to continuing these important conversations and supporting our clients with innovative solutions that align their financial goals with meaningful impact.

 

*CNote Group, Inc. is not a bank, a credit union, or any other type of financial institution. CNote is not a registered investment advisor with the Securities and Exchange Commission (SEC) or a broker-dealer authorized by the Financial Industry Regulatory Authority (FINRA). CNote is not a legal, financial, accounting or tax advisor. Impact Cash® and Climate Cash™ deposits are not a security or investment. Impact Cash® and Climate Cash™ deposits are insured by the FDIC or NCUA, and subject to the terms and conditions of the Impact Cash® agreements. We encourage you to consult with a financial adviser or investment professional to determine whether or not the CNote platform makes sense for you.This information should not be relied upon as research, investment or financial advice.