NeuGroup

From the most recent issue of NeuGroup Insights: How cross-functional collaboration proved key to smooth software implementations.

A big thank you to Ron Chakravarti for inviting me to be part of their panel in Dubai on Treasury in 2030. It was based on Citi’s forthcoming white paper on the topic, co-authored with fellow panelist Mark van Ommen from Zanders. A shout out to our moderator Anton Abraham for keeping us on track. ?? #ConnectWithNeuGroup and #CitiTLF to prepare for the #TreasuryOfTheFuture and #BringABetterFutureFoward.

Earlier this year, Bechtel assistant treasurer Dan Degagne, CTP?spearheaded an in-house project to develop a machine learning (ML) model designed to relieve some of the pain of generating accurate cash flow forecasts—a challenge shared by just about?every company?in the NeuGroup Network. In a new #NeuGroupInsights video you can watch by clicking the play button below, he says he was pleasantly surprised when Bechtel’s proof-of-concept ML model exceeded expectations by producing a forecast that “was more accurate than some of our bottom-up forecasts that take a lot of time and effort.” #AI #CashForecasting

From last week's #NeuGroupInsights: A sampling of sentiments about short-term cash investments as yields respond to Fed rate cut. #InvestmentManagement #RateCuts

It was an absolute pleasure presenting at my first in-person NeuGroup meeting! A huge thank you to Anita Mehra for hosting the Mega-Cap Treasurers Peer Group Meeting at the Microsoft campus in Redmond, Washington. The venue for the dinner at Novelty Hill-Januik Winery?was memorable to say the least and the meeting space at Microsoft headquarters was exceptional. Getting to tour the Microsoft campus has been on my list for a long time and learning about Microsoft's Thermal Energy Center was a true highlight. I also had the opportunity to share insights from our latest capital structure research, which sparked some interesting discussions. I’m excited for many more presentations and conversations to come. Thanks to Scott Flieger, Kyle Bockus, Greg Manko, Joseph Neu, Alyssa McArdle, Zandra Floirendo and the entire NeuGroup team for making it all possible. Photo credit: Greg Manko

A big thank you to everyone who turned out for the NeuGroup 30th Anniversary West Coast Celebration in Palo Alto last night. Your support and engagement with the NeuGroup Network make running it so rewarding. It never gets old. ??I also want to recognize our award winners. Each one has contributed meaningfully to the company over its history. Thank you for your contributions and support past and present! ?? Barbara Hill, Jennifer Ceran, Eric Ball, Gary Kershaw, David Wagstaff, Arvind Sodhani (not pictured), Raj Khanna (np) and Guillermo Gualino (np). #30YearsOfNeu #NeuGroup30thAnniversary

Next month, our group for internal auditors will gather at Agilent's offices in Santa Clara, California to discuss integrating AI into audits, leveraging AuditBoard for aligned assurance, addressing ESG audits and more. Register or learn more now: https://lnkd.in/e9JUadzD #internalaudit #riskmanagement #AI

In a recent meeting of NeuGroup for Insurance and Risk, one member shared how they used an ERM framework for insurance to transform his company’s decision-making and coverage strategies. #Insurance #RiskManagement

From last week's #NeuGroupInsights: One member’s IT audit team blazes the automation trail for the broader finance organization to use time-saving bots. #compliance #technology

Last week, I had the extreme pleasure of visiting Medtronic headquarters for the 2024 second half meeting of the NeuGroup for Foreign Exchange, sponsored by RBC Capital Markets. Not only did we enjoy a Twins game and tour of Medtronic's innovative and life-saving history, we worked through the weeds of members' foreign exchange risk management challenges and shared successful program milestones. ? Compelling presentations and active roundtable discussions centered around best-in-class approaches to value at risk analyses and portfolio optimization, methods to proactively educate key stakeholders with treasury roadshows, strategies for net investment hedging, the 'when' and 'how' to determine if current hedge policies match future business objectives and ownership of FX budget and forecast rate-setting processes.? ? Special thanks to our wonderful hosts Timothy Husnik, Sheila Quintus, Lesley-Ann Downey; sponsors James Robertson, Mark Haber, Cathy Brophy, Suzanne Pavelick, Jonathan Yao, CFA, Alok Ghai; member presenters and panelists Timothy Husnik, Andrew Thanos, CFA, and Andrew Marshall, CTP; and speakers Casey Kernan, CTP and Greg Russo. Additional thanks to my colleagues Alyssa McArdle, CMP, Zandra Floirendo, Brandon Nitti and Andrew Weber! ? I look forward to seeing everyone again soon: both for our monthly virtual interactive sessions and at our next in-person meeting! Please ping me for more information or inquire here: https://lnkd.in/eyGdt4TT ? Thank you all for such an amazing experience and thought leadership! ?? #connectwithneugroup #powerofthepeergroup #FXriskmanagement #hedging #thoughtleadership #treasury