Technology
March 9, 2023

Making the Leap: SAP Treasury Solutions That Run on S/4HANA

PwC insights on corporates using SAP treasury tools and S/4HANA to ease automation and data analytics. Implementing S/4HANA, the SAP ERP, and using SAP’s growing number of treasury modules is one way to accelerate treasury’s digital transformation—a route being taken by some multinationals that are deciding to forgo the use of a traditional treasury management system (TMS). PwC consultants discussed the benefits of this approach at recent NeuGroup meetings, including one that focused on the role of cloud-based ERPs and…
TechnologyTreasury Management
April 21, 2022

Stepping-stones to Treasury’s Future Operating Model

Treasurers seeking to align with the rest of the finance org are turning to centers of excellence and shared service centers.Shifting activities to centers of excellence (COEs) and shared service centers (SSCs) figures prominently in the plans of corporate treasury teams overhauling or refining their operating models to, in some cases, better align with the rest of a multinational’s global finance organization. That takeaway surfaced during a session at a recent meeting of NeuGroup for Mega-Cap Treasurers that featured two…
ESGInvestment Management
March 24, 2022

Mega-Cap Treasurers Mastering the Carbon Reduction Calculus

At Starbucks and other ESG leaders, treasury is using a range of financial tools and promoting the creation of others to reach net-zero. Treasurers at multinational corporations including Starbucks that have made ambitious, public commitments to cut carbon emissions are becoming experts in a range of tools, techniques and topics so they can better assist companies achieve net-zero and other carbon reduction goals. That takeaway emerged at a recent meeting of NeuGroup for Mega-Cap Treasurers, where Starbucks treasurer Peter Filipovic outlined…
Capital MarketsD&I
March 17, 2022

Lead by Example: Verizon Spotlights Fees Paid to Diversity Firms

Aggregated data shows which IG bond issuers paid diversity firms the most in dollars and as a percentage of total fees.Verizon treasurer Scott Krohn this week presented data to his peers in NeuGroup for Mega-Cap Treasurers showing the top 20 issuers of investment grade (IG) debt ranked by the fees they paid in 2021 to banks and brokerage firms owned by women, Blacks, Latinos and veterans—so-called diversity and inclusion or D&I firms. Verizon is a recognized leader among corporates that…
Capital MarketsCash & Working CapitalCompliance
January 12, 2022

Talk About SEC’s Proposed 30-Day Buyback Cooling-Off Period Heats Up

Members say the proposal for 10b5-1 plans would limit a corporate’s flexibility to execute buybacks efficiently.The SEC’s proposal that corporates wait 30 days after the adoption of a Rule 10b5-1 share repurchase plan before buying back stock would significantly restrict the flexibility of companies to execute the plans effectively. That key takeaway emerged at a session NeuGroup convened this week at the request of treasurers examining the potential implications of several SEC proposals issued Dec. 15 regarding 10b5-1 plans, including…
December 8, 2021

Mega-Cap Treasurers Project & Priorities for 2022

About this meeting Mega-Cap Treasurers will gather to discuss what they see as the key challenges for 2022 which should serve as guide for the agenda for the H1 2022 meeting in March. About this Peer Group NeuGroup for Mega-Cap Treasurers is a leading forum for peer knowledge exchange on topical treasury issues for today’s strategically-minded practitioner. This invitation-only membership group brings together cross-industry Treasurers’ from organizations with a revenue of 100B+. Mega-Cap is limited in size to ensure familiarity,…
Technology
October 28, 2021

A Fintech Embedded in Treasury: On the Path to the Future State

How a mega-cap tech company’s treasury is using its dedicated fintech team to push transformation.Treasury teams at large, multinational companies committed to creating a cohesive, global road map for digital transformation, automation and straight-through processing should consider lobbying the C-suite for a dedicated technology team that sits within treasury. That takeaway emerged at the fall meeting of NeuGroup for Mega-Cap Treasurers during a session titled “Fintech as a Powerful Force for Treasury” featuring the experience of one NeuGroup member company.“I…
October 21, 2021

Mega-Cap Treasurers Discuss Team Management and Year-End Tasks

About this meeting Members will meet to share best practices regarding managing their team and various year-end tasks such as the review process. This is a ‘Members Only’ session. About this Peer Group NeuGroup for Mega-Cap Treasurers is a leading forum for peer knowledge exchange on topical treasury issues for today’s strategically-minded practitioner. This invitation-only membership group brings together cross-industry Treasurers’ from organizations with a revenue of 100B+. Mega-Cap is limited in size to ensure familiarity, trust, and frank interactive…
September 17, 2021

Mega-Cap Assistant Treasurers Discuss Funding Foreign Subsidiaries

About this meeting Assistant treasurers from mega-cap companies will discuss how they fund foreign subsidiaries including intercompany loan dynamics and local capital market opportunities. About this Peer Group NeuGroup for Mega-Cap Treasurers is a leading forum for peer knowledge exchange on topical treasury issues for today’s strategically-minded practitioner. This invitation-only membership group brings together cross-industry Treasurers’ from organizations with a revenue of 100B+. Mega-Cap is limited in size to ensure familiarity, trust, and frank interactive discussion. Meeting type Interim meetings…
September 14, 2021

MegaCap Treasurers and Corporate Development

About this meeting With strategic M&A expected to remain robust, how connected are treasurers with colleagues in their corporate development departments? While mindful of maintaining strict confidentiality, are treasurers given enough notice to hedge potential interest rate and foreign exchange risk? About this Peer Group NeuGroup for Mega-Cap Treasurers is a leading forum for peer knowledge exchange on topical treasury issues for today’s strategically-minded practitioner. This invitation-only membership group brings together cross-industry Treasurers’ from organizations with a revenue of 100B+.…