BankingRegional
March 10, 2022

Russia Crisis: Finance Navigates Complexity, Fluidity, Unknowns

Paying staff in Russia as companies exit and complying with complex sanctions increase pressure on finance leaders. Editor’s note: NeuGroup is running weekly special sessions on the Russian-Ukrainian crisis to help members navigate the financial consequences of the war. NeuGroup senior executive advisor Paul Dalle Molle, a former banker with extensive European experience, leads the discussions, and we asked him to share his latest insights and takeaways.  By Paul Dalle Molle At this stage of the crisis, there are still,…
BankingRegional
March 3, 2022

Russia Sanctions and Counter-sanctions: Treasury Prepares for the Unknown

NeuGroup’s Feb. 28 emergency session on the implications of Russian bank sanctions helped treasurers share challenges and learn from others’ real-time responses.The crisis in Europe has the potential to wreak havoc on global payments systems, and the stakes are high. Many multinational companies have Russian operations and relationships with local banks (for payroll at least) that may be on the sanctions list. These corporates are therefore sitting on potentially trapped cash. Others own stakes in Russian companies; we saw BP…
TechnologyTreasury Management
January 26, 2022

Looking Forward: Five Thoughts on the Future of Treasury

Balancing efficiency and value, and managing people vs. technology, will be key priorities for finance in the future.By Joseph NeuProviding foresight on the future of treasury is always a crowd-pleaser with NeuGroup members. During sessions over the last few months, I had the privilege of sharing my current thoughts on the topic and hearing member reactions. A shared passion project. Most of these sessions (and more may be coming) have been done in partnership with Jean Furter, now treasurer of Poly,…
Technology
January 12, 2022

Automating Together: The Human Side of RPA

One member’s success with automating processes prioritized getting treasury team members on board.Most members attending a recent meeting of NeuGroup for European Treasury reported that they are at the early stages of implementing smart automation tools like AI and robotics to improve treasury operations. One member at an IT company who recently completed an intelligent process automation project emphasized that while the benefits may be significant, it will take employees time to get in the groove. The member worked with…
TechnologyTreasury Management
December 15, 2021

The Path to Treasury Value Creation: Automation as an Ally

Technology holds the key to treasury transformation. So how can people on treasury teams add value in the future?The strategic value that treasury teams provide to corporations depends in large part on the ability of finance leaders to adopt and adapt to technology that is transforming treasury while at the same time developing the skills and expanding the roles of the people on those teams. That takeaway surfaced during discussions on the future of treasury by Jean Furter, the treasurer of tech…
December 8, 2021

2021 Recap, Unresolved Questions and Projects & Priorities in 2022

About this meeting In this final peer group session of 2021, the European Treasury Peer Group will recap on their learnings from 2021, address outstanding questions and touch on plans to come for 2022. About this Peer Group NeuGroup for European Treasury is an invitation-only group of treasurers and treasury operations directors overseeing treasury in Europe. The group follows NeuGroup’s time-tested approach for membership peer groups, including facilitated agenda development, benchmarking surveys, and professional networking. Meeting type Peer group meetings…
October 29, 2021

European Treasury 2021 H2 Meeting

About this meeting This is the second half meeting for the European Treasury Peer Group, designed for members and partners from State Street Global Advisors to cover a variety of topics from: Treasury 3.0, a look at the future of Treasury, Global economic and market overview from State Street as we emerge from the Covid-19 pandemic, Group sharing of member experience with ESG and D&I, A presentation from State Street on the integration of money market funds, A presentation from…
September 23, 2021

Money Market Expectations as We Emerge from the Most Sudden Economic Halt in History

About this meeting Central Bank Monetary Policy has undergone a distinct shift over the past decade. No longer is their policy rate the key driver or indicator of forward rates. Quantitative Easing or Asset Purchase Programs have stepped to the front as the most influential tool in Central Bank’s tool kit. In this session, State Street and members will discuss how this tool has impacted the GBP, EUR, and USD markets and what we can all expect as we continue…
September 2, 2021

EuroTPG Discusses Organization Charts

About this meeting In this regular interim session, the European Treasury Peer Group will review the wide variety of organization charts that fellow member companies use. Every corporate culture is different, including broad differences between centralized and decentralized companies. The industrial sector also plays a part in determining organizational structure. The session is aimed at tackling these questions: What are the variety of organizations that treasurers use to manage their businesses, and how do those translate into organization charts? Does…
July 21, 2021

Entity Rationalization and Reviewing Legal Structures

About this meeting Due to many members’ shared priorities surrounding entity rationalization, members of the European Treasury Peer Group will engage in a discussion on legal structures and technology integration post-acquisition. About this Peer Group NeuGroup for European Treasury is an invitation-only group of treasurers and treasury operations directors overseeing treasury in Europe. The group follows NeuGroup’s time-tested approach for membership peer groups, including facilitated agenda development, benchmarking surveys, and professional networking. Meeting type Interim meetings are meant for members…