Every year, the theme changes to reflect the key trends that have emerged in treasury over 12 months. The winners will be sharing their stories at the 30th anniversary International Treasury Management Virtual Week from Sept 27 – Oct 1.
Just as businesses are looking at radical change to keep themselves relevant, so too must treasury. Disruption is a given. But how to create a coherent strategy of how to remodel? How to evaluate in advance the myriad risks that new business and treasury models are likely to entail? Winners of this award have innovated to drive treasury efficiency, control risk and create value for the wider business.
Treasury has become a driver in joining up disparate systems and making their data available for real-time analysis. This award recognises their role in reducing complexity and increasing visibility and insight, connecting treasury to the business in a way that has not been possible until now.
As companies grow and acquire others, treasury departments must manage and rationalise legacy systems and relationships, while keeping up with business innovation. From areas such as cash pooling to real-time payments, this award recognises treasury’s role in centralising and extracting efficiency across processes.
The coronavirus pandemic has caused a global economic shock, and aside from the human toll has played havoc with treasury forecasts and hedging strategies. This award recognises astute risk management actions by treasury that protected staff and enabled their companies to survive.
It’s easy to enter the awards – after all, in showing what you can achieve, you’ve already done the hard part. The simple procedure and guidelines are detailed below.
We are looking for a good narrative which supports your submissions. Although we require some information about your company in our online entry form, what we are ultimately looking for is a compelling story. Ideally, to excite our interest, that story can be given simply in bullet points on a one page uploaded document showing concrete examples of treasury-led/implemented transformation project (s) that show good communication, mobilisation of resources and teamwork through adversity.
The annual EuroFinance Treasury Award for Excellence is presented to the company that best embodies the themes of EuroFinance’s flagship event.
The award is open to any commercial business, public/state-sector entity or not-for-profit organisation, anywhere in the world.
Banks, FIs, software providers and other vendors are not eligible to enter but we welcome submissions on behalf of your corporate clients.
Competition for this award is strong, and so it is unlikely (but not impossible) that treasuries from the smallest businesses will satisfy the criteria.