NeuGroup

As 2024 draws to a close, we at NeuGroup want to express our deep gratitude to every member, sponsor and partner who made our 30th anniversary year one for the record books, with 50 in-person events. We can’t wait to deepen our bond and deliver more value to you in 2025. Below is a list of just some of the events planned for the first half, with more to come. Members can register for meetings of their peer groups at the link below: https://lnkd.in/eygwtUkW We wish you very happy holidays and a joyous Neu Year! #AdvanceWithNeuGroup #ExpandWithNeuGroup #ValidateWithNeuGroup

One treasury team is shaking up their investment policy to let SMA managers focus on their strengths—municipal bonds, corporate securities or ABS—while reducing overlap and enhancing diversification. Learn about how the team aims to drive better returns and adapt to changing markets in #NeuGroupInsights: https://lnkd.in/eyZzzUzD #CashInvestments #PortfolioManagement

📈 Tech giants Alphabet, Meta and Salesforce started paying dividends this year, which has captured the attention of treasurers at smaller tech companies. NeuGroup's Capital Structure Survey, sponsored by Standard Chartered found that 53% of survey respondents at tech firms already pay dividends. “Cash reserves for tech companies have grown disproportionately—a key driver for dividend payments,” says Standard Chartered's Shoaib Yaqub.   The chart below highlights this trend alongside the continued prominence of share repurchases. Dive into the full analysis now: https://lnkd.in/ehQjvUGn Want to learn more about NeuGroup’s research initiatives, including sponsorship? Contact head of research Joseph Bertran at jbertran@neugroup.com.   #NeuGroupInsights #CapitalStructure #Dividends #TechTreasurers

New in #NeuGroupInsights: Highlights from a Citi GPS report that offers ways treasury can modernize to avoid irrelevance in an increasingly real-time world. #Treasury2030 #TreasuryFirst #StrategicFinance

ADVANCING A TREASURY-FIRST MINDSET. "I've never seen so many high-profile treasurers in one place!" noted Laurence A. Tosi during yesterday's NeuGroup virtual session. He drew us all in and helped inspire everyone interested in advancing a treasury-first mindset, establishing it earlier and more strategically within companies looking to signal their financial maturity--ahead of an IPO, a spin, a funding round, or a credit decision. As LT explained, a treasury-first mindset starts with getting control of, visibility over, and the ability to forecast cash. If you have the right data and infrastructure, including processes and technology, the value you can add is substantial (e.g., investing your excess cash for a better return with lower counterparty risk) and can grow from there (funding with free cash flow beats the cost of equity by a significant margin). A big thank you to LT for sharing his perspective on this topic from his experience across Merrill Lynch, Blackstone (including the establishment of their Treasury Solutions Fund), as CFO of Airbnb, and now with WestCap, where treasury-first is a big part of their "operating equity," knowledge sharing and alpha creation strategy, including for IPO readiness (supported by Jeff Mullen and Christopher Rogan). Through its investment in the company, WestCap has made the Treasury4 technology platform part of its plan to provide growth companies with the infrastructure to think treasury first. NeuGroup alum Ed Barrie also starred in our session. Ed's vision related to the data needed for a treasury-first mindset and the infrastructure required to process and analyze it is as compelling as any I have seen. He formed this vision while performing treasury roles at Microsoft, Itron, Inc., and Tableau--each at a different growth stage and level of treasury maturity--plus sharing and learning with peers as a NeuGroup member. He has now acted to see it realized as a co-founder of Treasury4. Ed also represents one of the three NeuGroup member constituents this session was meant to serve: 1) members (and alumni) who become treasurers of post-IPO companies that waited (perhaps too long) to develop a treasury-first mindset; 2) members/alumni who go on to become CFOs of pre-IPO companies who find their colleagues too distracted by other priorities to think about treasury first and 3) members tasked to help ready a business to spin off, who are not given enough time to set up a proper treasury for it, much less add value to the newco before the spin to achieve a higher valuation with a treasury-first mindset. Many members and alumni from these three cohorts were in the virtual room yesterday. I thank you all for sharing your perspectives so we can work together to change mindsets. I encourage you to continue sharing so more can learn to #ThinkTreasuryEarlier and #ThinkTreasuryFirst.

"I've never seen so many treasurers in one place!" Many thanks to Laurence A. Tosi, Managing Partner and Founder of WestCap for your insights during our virtual session, A Treasury-First Mindset: How Growing Companies Become IPO Ready. Our audience of treasury and finance professionals also appreciated the importance of a data-driven strategy outlined by Ed Barrie, Treasury4 Co-Founder & Chief Product Officer. #Treasury #Fortune100 #CFOs

Calling All Benefits, Finance and Treasury Professionals! NeuGroup is conducting a 401(k) Benefits Survey to gather insights on how companies are managing their defined contribution plans and broader financial benefits. Participants will get early access to the report. Below is a snapshot of the initial findings. As a follow-up, join us for an exclusive in-person meeting on Defined Contributions and Financial Benefits on January 28-29th, led by Ted Howard. This is your chance to connect with peers, exchange ideas, and discuss the latest trends in DCFB. Don’t miss out! •Take the survey here: https://lnkd.in/etE_5aCJ •Learn more about the in-person meeting: https://lnkd.in/e9aD7n5p #EmployeeBenefits #401k #DefinedContributions #Secure2.0

Treasury is often treated as an afterthought in growth-focused organizations but having an early treasury-first mindset can strengthen capital raising, cash control and financial data management—essentially streamlining financing, IPO preparation and international expansion. Tune in tomorrow as NeuGroup Founder and CEO Joseph Neu hosts a conversation with WestCap Managing Partner and Founder Laurence A. Tosi and Ed Barrie, Co-Founder of Treasury4. They’ll share insights from their work with prominent organizations that have navigated the stages of IPO and financial maturity, highlighting how each growth stage requires adaptable technology and strong cash visibility. Register now: https://lnkd.in/enG5B5SH

REGISTER NOW: "Developing a 'Treasury-First' Mindset" is a virtual session I will host with Laurence A. Tosi, Managing Partner and Founder of WestCap, and Ed Barrie, Chief Product Officer and Co-Founder of Treasury4. It's happening on Wednesday, December 4th at 11 am ET / 8 am PT Registration Link: https://lnkd.in/erf6s6Xv Being "IPO ready" means getting control of, visibility over, and the ability to forecast cash. Do you have the mindset, the data, and the infrastructure to do this? If yes, you are ready for an IPO, an exit, a spin, or even the next funding round. If you don't, you have work to do. We'd like you to learn the value of doing that work. #ThinkTreasuryEarlier #ThinkTreasuryFirst

A THANKSGIVING: NeuGroup has facilitated 50 in-person meetings this year, so I’m told by our events director Alyssa McArdle, CMP (who would know), across multiple peer and working groups. I have had the privilege of attending 14 of these (all across the US and the world, per my assistant Glo Kombe) and I am thankful for the opportunity. I know all my colleagues will agree with me that meeting members, and our partners who support them, who come together at each of our sessions to advance themselves, their profession, and expand their impact by exchanging knowledge and experience validates the value of NeuGroup. That value is found in the people NeuGroup brings together, including my team, and the common purpose we share to learn to get better. It is also found in the validation we are given from those we have brought together. 🙏 I am thankful for the validation everyone who is part of NeuGroup provides at every one of our meetings (and what happens behind the scenes to make these shows happen). It is empowering! 🦃 Happy Thanksgiving! #BeEmpoweredByWhatYouDo #BeThankful #BeNeu #BeValidated