The REWE Group wins Digital Treasury Excellence award: The Time Machine project is one of the most innovative within the treasury community. The REWE Group’s Treasury team has been recognised for its project, “Time Machine: The Treasury Process Cockpit”.
The Digital Treasury Excellence award recognises projects in the area of digital transformation. It is open to applications from treasury teams who have achieved success in the digitalisation of treasury processes. The finance experts from the REWE Group came away with the new award, which was handed out for the first time as part of the 32nd Financial Symposium. The Time Machine is a process cockpit, designed in a collaboration between internal treasury process experts and IT specialists on the basis of an exception-based management approach. Today, the process cockpit is being used not only within the central Finance department of the REWE Group but is also successfully supporting various processes at other REWE companies.
The €5,000 prize money will be donated to NABU (the Nature and Biodiversity Conservation Union), with which REWE Group has a long-standing relationship, for the conservation of peat bogs.