The annual EuroFinance Awards are the benchmark for treasury excellence.
Past winners include Givaudan, General Electric, Microsoft, JD Finance, Spotify, F. Hoffman-La Roche, SAP, Vodafone, Tesco, MerckKgA, AkzoNobel, Siemens and Toyota Financial Services.
Every year, the theme changes to reflect the key trend that has emerged in treasury over 12 months, and the winners are invited to tell their story at our annual flagship conference International Treasury Management.
This year, in addition to the main overall award we will be launching new categories to recognise excellence in specific areas of treasury.
2O18 Awards // Nominations now open!
Submit your nomination to editor@eurofinance.com by 29 June 2018
Award categories
Overall Award for Treasury Excellence - Mastering strategic change
Just as businesses are looking at radical change to keep themselves relevant, so too must treasury. Disruption is a given. But how to create a coherent strategy of how to remodel? How to evaluate in advance the new risks new business and treasury models are likely to entail?
We want to hear from companies who have embraced the challenge. Those who have used new technology to unite data distributed throughout the enterprise; innovated to drive treasury efficiency and create value for the wider business; explored automation and the Cloud.
Award for treasury re-engineering
Understanding pre-existing procedures is the first step in creating a process map which identifies the opportunities for streamlining and simplification. Re-engineering is then a series of steps that together bring about real change.
Understanding pre-existing procedures is the first step in creating a process map which identifies the opportunities for streamlining and simplification. Re-engineering is then a series of steps that together bring about real change.
Award for business partnering for value added
The “treasury as partner” meme is old but mostly unproven. What are the practical ways in which treasurers can add measurable business value, and does the business agree that it can?
Award for new build treasury
Spin-offs and other corporate restructurings are one instance in which treasury must be built from scratch. Start-ups and new tech businesses are another. And a rapid burst of international growth can also be the trigger.
Award for a process transformation
The big-budget, root-and-branch projects get the applause, but some of the most significant improvements are the remodelling of important, individual processes such as bank accounts or cash forecasting. This award will be for the best process transformation by a corporate.
Award for innovation
Can treasury truly be innovative? Treasurers can adopt the latest product – virtual accounts or Big Data analytics – but is that innovation? This treasurer will have done more than just buy the latest solution. This award will be for a treasury that can demonstrate true innovation.
Award for digital transformation
Digital transformation is shorthand for joining up disparate systems and making their data available for real-time analysis. It means reducing complexity and increasing visibility and insight. And it means connecting treasury to the business in a way that has not been possible until now.
Award for technology implementation
The biggest problem in most IT projects, regardless of where in an organisation they occur, is implementation. ERP installs in particular have led to spectacular failures. So this award is for a company that has mastered its technology implementation seamlessly.
Award for innovation in financing
Most of the time in raising debt or equity, boring is best. But there are occasions when to solve a complex, multi-dimensional business problem, complex and innovative funding is a necessity. This award will go to a treasury that demonstrates that innovation.
How to enter
It’s easy to enter the awards – after all, in showing what you can achieve, you’ve already done the hard part. The simple procedure and guidelines are detailed below.
We are looking for a good narrative which means that means there aren't any checklists or lengthy submissions. We don’t want check-boxes, because that’s not your kind of treasury. What we are looking for is a compelling story. Ideally, to excite our interest, that story can be given simply in bullet points on one page of A4 paper showing concrete examples that meet the above criteria. But if you think you have a compelling story outside of the award categories listed above, then please submit telling us why you believe you should win the award.
Criteria and eligibility
- • The awards are open to any commercial business, public/state-sector entity or not-for-profit organisation, anywhere in the world
- • Banks, FIs, software providers and other vendors are not eligible to enter but we welcome submissions on behalf of your corporate clients
Guidelines and tips
- • There is no entry form and no cost to enter. Please email your entry to editor@eurofinance.com with ‘Award’ in the subject field
- • Clearly state which award category you are entering
- • Please provide a clear explanation as to why you should win. Submissions should be in English.
- • You may submit supporting material but this must have English translations of the most important components. (Testimonials from your chief executive, investors, bankers, or internal customers/stakeholders may be helpful but are not necessary)
- • Any commercially sensitive information in the entry should be marked as such and will not be publicised by the judging panel. Please note, however, that you must provide an adequate amount of publishable material.
- • The deadline is 29 June 2018
Winner’s entitlement
- • You can publicise yourself as the “Winner of the EuroFinance Award for <award category> 2018” and use the Award logo on your website and other materials .
- • You will be interviewed for an article that will be published on www.eurofinance.com
- • At our annual flagship conference you will have the opportunity to share your story and join the all-star speaker line-up.
Judging process
- • The judging panel will comprise members of the EuroFinance editorial, research and training teams. Their decision will be based purely on merit.
- • The judging panel may conduct its own additional research or put questions to the entrants in order to clarify your submissions.
- • Shortlisted candidates may be interviewed by one of our senior editorial team and the most interesting story forwarded to our editorial panel.
- • The judging panel’s decision is final and no correspondence will be entered into with unsuccessful entrants other than to advise them of the results of the awards
- • Entrants will be notified whether they have won or been shortlisted as soon after the closing date as a thorough judging process allows.
- • Anyone considering entering these awards who has any questions about the rules or procedures may email editor@eurofinance.com.
