Microsoft was recognized for its overall achievement in corporate treasury at the 2011 Alexander Hamilton Best Practices Summit and Awards (AHA), sponsored by Treasury & Risk magazine, the leading monthly business publication for senior financial executives.
Now in its 16th year, the program recognizes excellence and innovation in finance and treasury management at corporations and organizations around the world. More than 220 senior finance executives attended the event held this week in New York City
This overall win marks the fourth time Microsoft has taken top honors in the competition. Microsoft’s team, led by treasurer George Zinn, was recognized for its creative application of the company’s technology to treasury functions. The overall winner is selected among the finalists in 10 categories for project(s) showing a cumulative standard of best practices or a particularly innovative approach and execution. The winners, in gold, silver and bronze order, are:
Best Green Strategy: Google, Kellogg, RTI International
Capital Management: Ford Motor, Pfizer, PPL Corp.
Cash Management: Microsoft, Sun Chemical, Thomson Reuters
Enterprise Risk Management: Mayo Clinic, Paychex, Toyota Financial Services
Financial Risk Management: McDonald’s, Flextronics International, Honeywell International
Liquidity Management: Toyota Financial Services, Microsoft, Omnicom
Solution of the Year: Wall Street Systems & BNY Mellon, Microsoft, Travelex Global Business Payments
Strategic Investing: Honeywell International, Hewlett-Packard, Covidien
Technology Excellence: Google, Toyota Finanacial Services, Omnicom
Working Capital Management: Visa, Caterpillar, DRS Technologies