All Posts By

Justin Jones

Cash & Working CapitalInvestment Management
September 25, 2024

Cash Investment Managers Mull Duration Changes After Rate Cut

A sampling of sentiments about short-term cash investments as yields respond to Fed rate cut. The Federal Reserve’s 50-basis-point rate cut last week is generating plenty of buzz among treasury teams responsible for investing excess cash who have made the most of short-term rates topping 5% following years of yields near zero. The beginning of rate cuts raises the question for some cash investment managers of when to start extending duration. More context: After the Fed started raising rates in…
Justin Jones
Love0
Cash & Working CapitalTechnologyThe NeuGroup Insights Interview
September 25, 2024

Exceeding a Skeptic’s Expectations: ML for Cash Forecasting

Bechtel’s machine learning models outperformed traditional cash forecasts, happily surprising AT Dan Degagne. Earlier this year, Bechtel assistant treasurer Dan Degagne spearheaded an in-house project to develop a machine learning (ML) model designed to relieve some of the pain of generating accurate cash flow forecasts—a challenge shared by just about every company in the NeuGroup Network. Mr. Degagne had doubts about the ultimate outcome. But in a new NeuGroup Insights video you can watch by clicking the play button below, he says he was…
Justin Jones
Love0
ComplianceInsuranceRisk Management
September 18, 2024

Rewriting the Insurance Playbook: ERM’s Strategic View of Risk

Using an ERM framework for insurance transformed one company’s decision-making and coverage strategies. Faced with rising premiums and pressure to optimize costs, one NeuGroup member refocused his team’s insurance strategy around the company’s framework for enterprise risk management (ERM). That enabled more thoughtful, data-driven decisions about spending and coverage. The key objective, the member said, shifted from “Do we need this policy?” to “Is it worth the cost?” “ERM helped us understand where to allocate resources,” the member said in…
Justin Jones
Love0
Cash & Working CapitalTalking ShopTechnology
September 18, 2024

Talking Shop: Which Tech Tools for Cash Flow Forecasting?

Editor’s note: NeuGroup’s online communities provide members a forum to pose questions and give answers. Talking Shop shares valuable insights from these exchanges, anonymously. Send us your responses: [email protected]. Context: Better cash flow forecasting is a goal shared by nearly every treasury team. That’s true no matter how far along they are on the seemingly endless journey to automate processes, access and analyze quality data, and leverage advanced technology—including machine learning (ML) and AI—to reach higher levels of accuracy and efficiency. Some…
Justin Jones
Love0
ComplianceTechnology
September 11, 2024

Bots and SOX: IT Auditors Tap RPA To Reduce Repetitive Work

One member’s IT audit team blazes the automation trail for the broader finance organization to use time-saving bots. The job of IT auditors at many NeuGroup companies includes testing and auditing automated controls and compliance related to the Sarbanes-Oxley Act (SOX). Auditing those controls manually is often a painstaking and repetitive process, so implementing robotic process automation (RPA) to get the job done makes a lot of sense. That was among the takeaways from a recent monthly session of NeuGroup for IT…
Justin Jones
Love0
Risk ManagementTalking Shop
September 11, 2024

Talking Shop: Is Geopolitical Risk Its Own ERM Category?

Editor’s note: NeuGroup’s online communities provide members a forum to pose questions and give answers. Talking Shop shares valuable insights from these exchanges, anonymously. Send us your responses: [email protected]. Context: Wars in Eastern Europe and the Middle East as well as increasingly strained ties between the U.S. and China are key reasons geopolitical risks rank high on the list of threats facing multinational corporations. In the NeuGroup 2024 Finance and Treasury Agenda Survey, respondents named geopolitical conditions their fourth biggest risk, behind interest…
Justin Jones
Love0
Capital AllocationCapital Markets
September 4, 2024

M&A Drives Healthcare Firms’ Debt Targets and Liquidity Policies

NeuGroup Peer Research finds that maintaining excess debt capacity is key to funding a growth strategy dependent on acquisitions. Mergers and acquisitions and strategic investments are a driving force in how finance teams at healthcare companies develop a capital structure and determine debt targets and liquidity policies. That insight is among the key takeaways from NeuGroup’s 2024 Capital Structure Survey conducted by Senior Director of Research Joseph Bertran and sponsored by Standard Chartered Bank. As the chart below shows, maintaining excess debt capacity for potential…
Justin Jones
Love0
NeuGroup News
September 1, 2024

Celebrating 30 Years of NeuGroup: Honoring the 30 Most Engaged NeuRewards Members

As part of our 30th anniversary celebrations, we are pleased to recognize the 30 most engaged members of our NeuRewards program! Over the past year, these individuals have been true leaders at exchanging expertise, resources and opportunities with their peers in our 1,000-member network.From active meeting participation and private online community interactions to 1-on-1 peer advice calls and specialty research contributions, these 30 members are the personification of partnership and collaboration!This level of enthusiastic involvement is essential to The NeuGroup…
Justin Jones
Love0
Cash & Working CapitalTechnology
August 14, 2024

A Tool Helping Bristol Myers Squibb Transform Cash Forecasting

TIS helped BMS treasury standardize and automate forecasting. The treasurer wants AI to make the tool even better.Bristol Myers Squibb treasurer Sandra Ramos-Alves loves automation and is a self-described “strong believer” in tapping the expertise of fintechs whose solutions can help BMS transform treasury. TIS is one of those fintechs and its CashOptix tool—which includes cash forecasting capabilities—has enabled BMS to produce an aligned view of cash flow from one source of truth used by everyone across the globe. Ms. Ramos-Alves says the TIS implementation is a fundamental…
Justin Jones
Love0
ComplianceInternal Audit Executives
August 14, 2024

The Rising Role of Advisory Work in Internal Audit

More IA teams are providing benefits to the business and themselves through advisory work. Internal auditors are increasing their roles as advisors as businesses transform and adapt to new technologies like generative AI and navigate emerging risks such as climate change and reporting on ESG initiatives. That’s forcing some internal audit (IA) teams to grapple with how they define and report advisory work, communicate about it effectively with the audit committee (AC) of the board of directors, and combine advisory with…
Justin Jones
Love0

Connecting Every Finance Professional Who Wants To Share And Learn

Learn more

Knowledge Exchange

About

Need help?

©2024 - NeuGroup, Inc.

Privacy Policy