Adam Smith Awards 2024 – Highly Commended Winner, Best Investing Solution
The challenge
The treasury team at Delivery Hero, the global group that drops our favourite brands at our door, had been left waiting for a best in class investment strategy. The absence of a standardised infrastructure made it impossible for the group to scale cash management processes across its eight treasury hubs; diversify investments, mitigate counterparty concentration risk and capture the opportunity of investing in high-yielding money market funds (MMFs).
In addition, the lack of technology in Delivery Hero’s investment processes was at odds with technological leaps in other corners of the company’s treasury function. “From a technology perspective, our goal was to continuously improve standardisation across the organisation for more efficient and scalable processes and to gain transparency and access to data for better business insights,” says Delivery Hero Director Treasury, Christian Schmahl.
