CryptoTechnology
September 21, 2023

Corporates’ Tentative Steps Into the NFT Universe

Over half of NeuGroup members that have implemented NFTs manage some portion of the project in-house. Corporate uses of nonfungible tokens (NFTs) have had a roller-coaster journey over the last two years, with a boom of adoptions in 2021 that plateaued rapidly. But the tokens are far from dead—nearly a third of respondents to NeuGroup’s newest survey, Digital Assets: Current and Future Use Cases, said they’ve already issued NFTs. NFTs are unique digital assets similar to cryptocurrencies that can be bought and sold, built on…
InsuranceRisk ManagementTalking Shop
September 21, 2023

Talking Shop: Charging Stores for Workers’ Comp Insurance Claims

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: Members of NeuGroup for Retail Treasury represent a variety of businesses that operate thousands of stores, restaurants and other retail outlets where the safety of customers and workers is a preeminent priority. But accidents inevitably occur. So it’s essential that companies managing the risk of people being injured at their facilities have workers’ compensation…
Capital AllocationCash & Working Capital
September 13, 2023

Marriage or Dating: Dividends vs. Buybacks for Capital Return

What companies facing pressure from investors to return capital need to consider as they mature and growth slows. The decision to start paying a dividend to return capital to shareholders is one that growing companies don’t take lightly—and for good reason: the consequences of later lowering or eliminating the quarterly payouts is an undeniably bearish signal in the eyes of most investors. That fact informed discussions about dividends and share repurchases among members of NeuGroup for Large-Cap Assistant Treasurers at their first-half…
FXTechnologyThe NeuGroup Insights Interview
September 12, 2023

One Man’s Goal: Leveling the Playing Field for FX Trades

Just Technologies CEO Anders Bakke wants to give corporates pricing data that lets them negotiate better with banks. In the newest episode of NeuGroup’s Strategic Finance Lab podcast, NeuGroup founder and CEO Joseph Neu talks with a man on a mission to bring more pricing transparency to corporate treasury teams that trade in the foreign exchange market. His name is Anders Nicolai Bakke, a serial entrepreneur who is the CEO and founder of Just Technologies, or Just for short. The…
Cash & Working CapitalInvestment Management
September 7, 2023

Collaboration with Treasury as Key to Improving Working Capital

Breaking down silos between treasury, AP and procurement to optimize invoice processing and strategic liquidity management. With interest rates likely to remain higher for longer, opportunistic treasury teams want to invest excess cash where it can earn attractive yields. One obstacle standing in the way at some companies stems from differing priorities between accounts payable (AP), which often aims to pay invoices as soon as possible, and treasury, which has a more strategic view of liquidity. At a recent session of NeuGroup…
CryptoTechnology
September 7, 2023

Crypto Leads the Way in Corporates’ Blockchain Use Cases

A NeuGroup survey reveals trends among corporates embracing blockchain tech—and reasons others are holding back. Members of NeuGroup for Digital Assets are among the groundbreakers for corporate use of digital currencies, blazing trails at companies including mega-cap corporates, by developing use cases for enterprise-wide projects involving a blockchain. NeuGroup’s newest survey, Digital Assets: Current and Future Use Cases, clearly shows rising interest in this area—as well as a growing urgency among treasuries to learn more. The survey revealed that nearly half of respondents have…
FXTalking ShopTechnology
September 7, 2023

Talking Shop: FX Dashboards Made With Tableau or Power BI

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: FX dashboards are an extremely useful tool for treasury teams managing currency risk and shaping the narrative delivered to C-Suite executives about treasury’s ability to hedge the impact of FX rate swings. Well-designed dashboards—some using real-time data—allow risk managers to monitor exposures and dynamically illustrate cash flow, balance sheet and other important areas affected by FX…
Capital MarketsRisk ManagementTechnology
August 23, 2023

Focal Points: Tech and Risk Among Treasurers’ Top 10 Priorities

NeuGroup meetings in 2023 H1 offered unique insights into critical concerns for treasury teams in the months ahead. Hundreds of members of NeuGroup’s treasury peer groups met during the first half of the year to discuss a multitude of critical topics they face and share their main priorities for 2023. While the groups vary in company size, member titles and geography, 10 themes dominated the conversations in NeuGroup’s singular projects and priorities sessions. Here’s what’s top of mind: 1. Modernizing…
Risk ManagementTalking Shop
August 23, 2023

Talking Shop: Revisiting Enterprise Risk Categories

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: Ted Howard, peer group leader of NeuGroup for Enterprise Risk Management, offered this context on the subject of enterprise risk categories: “When it comes to ERM, companies frequently use a variety of risk categories and standards to build programs tailored to their needs. The specific standards and categories used by ERM teams are based…
Cash & Working CapitalFXRegional
August 9, 2023

Argentina: Trapped Cash, Election Tea Leaves, Chinese Currency

Dollar-linked investments are one way multinationals are preparing for a possible devaluation of the Argentine peso. Multinational corporations closely watching Argentina’s primary elections on Aug. 13 for a preview of the general presidential election in October face significant uncertainty about the magnitude and timing of a possible devaluation of the Argentine peso. Many are seeking ways to hedge their exposure to the currency as they struggle to get trapped cash out of a country with capital controls, spiraling inflation, taxes on imports and a scarcity…