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…
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…
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…
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…
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,…
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+.…