Doing business in markets that are heavily regulated is challenging for any company, and especially so for a multinational that has outposts in countries around the world. Few organizations experience this challenge as acutely as Microsoft does, because few do business in as many nations.

Microsoft keeps its broad business manageable by standardizing processes wherever possible. Sometimes, though, there are jurisdictions where the common way of doing things in most places on earth simply won't work. This is the situation Microsoft encountered when Covid-19 led customers in most every market to request terms extensions. The company's usual payment financing solution was not an option in some locales.

The innovative solution developed by the Global Treasury and Financial Services group won Microsoft the 2021 Gold Alexander Hamilton Award in the category Best Practices in Restricted/Emerging Markets.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.