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Alexander Hamilton Awards

2019 Alexander Hamilton Awards in Treasury Transformation

Congratulations to Hyundai Capital America, Mastercard, Microsoft, and NH Hotel Group!

By T&R Staff | June 19, 2019 at 03:15 PM

Over the past decade, many companies’ treasury teams have evolved from serving primarily as a transactional function to being much more of a strategic partner to the business. This evolution is possible largely because advancements in technology are reducing the amount of manual busy work that treasury staff must complete each day—but technology alone cannot raise the profile of the function.

“Sometimes treasury teams have to go out of our way, and shout from the mountaintops, to be heard and seen as a strategic partner,” says Frank Boroch, director of treasury for Hyundai Capital America. “It can be hard to change internal perceptions, and a shift in those mind-sets has to be earned.”

Getting a seat at the table in the organization’s strategic decision-making requires treasury managers to prove the value their function has to offer. That is exactly what the four initiatives receiving this year’s Alexander Hamilton Awards in Treasury Transformation did for their respective leadership teams.

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