Members of the NeuGroup for MNC regional treasury in Europe (EuroTPG) are gearing up for their 2018 first-half meeting hosted by Lantmännen in Stockholm, Sweden, on May 23. Here are some highlights from the agenda:
Cash Management Trends and Innovations in Treasury. Technology has become a critical part of treasury. Banks, vendors and infrastructure providers have been pushing the boundaries, now offering tools designed to ease processes, integrate workflows and deliver real-time and accurate data for decision-making. Meanwhile, artificial intelligence (AI) and robotic process automation (RPA) are gaining acceptance. This is transforming cash management activities and vastly improving operational efficiency. We will hear from an expert speaker on this topic, which ranks as a top priority for members. Read more about RPA here.
Cybersecurity – Threats, Mitigation and Insurance. Facing an increase in the frequency and complexity of threats as automation and digitalization become the norm, members will discuss cybersecurity, evolving threats and preventive measures they have used. The session will feature a roundtable on what protective strategies members have explored, responses to breaches and their experiences with cyber insurance in Europe.
Also on the agenda:
“Solve My Problem.” The group will try to collectively address and offer solutions to specific challenges members are facing. These may include, for example: KYC compliance and privacy concerns in the context of the General Data Protection Regulation (GDPR); collections and trapped cash in sanctioned countries; and building a treasury dashboard.
US Tax Reform and Implications for EMEA Regional Treasury. Regional treasurers are currently confronting a host of implications stemming from US tax reform. For member discussion, NeuGroup will share a summary of takeaways from our peer group meetings thus far, covering how corporations are best managing issues like dividend and repatriation considerations; cross-border funding implications; onshore and offshore cash going forward; and business-trading and legal-entity structures.
For more than two decades, NeuGroup has lead the way in peer knowledge exchange for treasury and finance professionals. With an unrivaled network of 18 invitation-only peer groups, NeuGroup facilitates more than 30 face-to-face meetings that connect peers, exchange knowledge and distill discussions. These face-to-face interactions, coupled with formal benchmarking, inform actions, transform practices, and enhance careers for the 440 members of the NeuGroup Network. Find out how you can connect at www.Neugroup.com.