2022 Gold Alexander Hamilton Award in Technology Excellence: Toyota Financial Services

Toyota Financial Services (TFS) is the captive finance company that provides financing, leasing, insurance, and protection plans to both consumers and auto dealers in support of the North American divisions of Toyota and Lexus. The largest captive finance company in the world, TFS has more than $115 billion in managed assets and originates about $3 billion in new contracts each month.

When Covid-19 hit, TFS discovered—like many other businesses around the world—that processes which were efficient in an environment where everyone worked in the same office space became less effective when most staff began working from home. The treasury team launched a series of cross-functional initiatives to digitalize, automate, and build real-time data and analytics into the firm's business processes, with a goal of enhancing productivity throughout the treasury function.

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

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
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.

Meg Waters

Meg Waters is the editor in chief of Treasury & Risk. She is the former editor in chief of BPM Magazine and the former managing editor of Business Finance.