Here's how the victors distinguished themselves from this year's stiff competition:

Bronze Award: When CUNA Mutual launched a new line of business, integrating customers' low-value monthly premium payments into the company's standard process didn't make sense from a technology perspective. Instead, the treasury team developed application programming interface (API) connectivity between customer-facing web forms and the company's treasury management system.
Silver Award: Microsoft's treasury team was receiving 1,600-plus bank statements each day from more than 80 financial institutions around the world. They had automated receipt of the statements, but monitoring the status of those statements and getting the data into the company's enterprise resource planning (ERP) system was too time-consuming. Treasury worked with Microsoft engineering to automate these processes.
Gold Award: Health insurer HCSC saw an opportunity to pull together information from many different data sources to support working capital decisions companywide. In addition to consolidating data in a centralized "treasury enterprise reporting" data warehouse, the project introduced sophisticated reporting and analysis capabilities, which improved treasury decision-making, supported dramatic process improvements, and made the entire business more nimble.

In all three projects, the treasury team embraced creative thinking, worked with other groups throughout the company, and delivered great results for the overall organization.

Instant Insights /

2021 Alexander Hamilton Awards: Technology Excellence

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