Insight & Analysis

Changes to reflect the trends in treasury

Published: Dec 2020

Our Adam Smith Awards have now been running for more than a decade and have become the industry benchmark for best practice and innovation in corporate treasury.

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Over that time new categories have emerged; the increased use of technology for example. Others have altered and developed – such as new ways to manage the supply chain. These changes have ensured that the Adam Smith Awards always remain current and aligned with the constant improvement corporates are making. And the fundamentals of treasury – such as cash, liquidity and risk management – remain as important as ever and are recognised with their own categories.

2020 has been a year we will all remember. COVID-19 has impacted us all and companies have had to change many aspects of their business. Even in these difficult times our 2020 Awards attracted a fantastic 187 entries. The very best treasury professionals showed us how they are managing to combine creativity, innovation, and free-thinking with rock-solid dependability in these exceptional times.

We have adapted and changed as well. In 2020, we announced the winners live online and now we are telling you their stories in our podcast series – https://treasurytoday.com/podcasts/adam-smith-awards-2020. And the fundamentals of good journalism remain in place as we report in the ever-popular Adam Smith Awards Yearbook of case studies which will be published shortly. Register here to receive your copy https://treasurytoday.com/adam-smith-awards-yearbook/adam-smith-awards-yearbook-2020

We plan further changes in 2021. Based on everything we have seen and heard we have some ideas for some new categories and some different ways to tell you more about the winners’ achievements. But we also want to hear from you. So, if you have any comments or suggestions please drop us a line now at awards@treasurytoday.com or join the discussion at https://www.linkedin.com/company/treasury-today/

Then in early January we will report back on what we have heard, we will summarise our findings and let you know how the categories have been developed for 2021. We’ll also let you know more about the structure of the Awards programme in 2021. We look forward to hearing from you.

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