Hewlett-Packard, BP and Coca-Cola are among the big-name companies who received recognition in the Corporate Finance Awards for Excellence in Corporate Treasury. The European treasury of Hewlett-Packard, which won the Operational Efficiency category, was regarded by the judging panel as demonstrating an enviable ability to improve processes while minimizing costs. Clarity of its strategy and of treasury’s contribution to the business won BP the Treasury Strategy award, while Coca-Cola was voted the most impressive treasury outsourcing project. High-tech manufacturer Agilent Technologies’ Finance Transformation project, involving the streamlining of accounts receivable in Europe, won the Working Capital Management award while DaimlerChrysler South East Asia was judged to be leading the way in STP and Technology Integration.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.