Şişecam’s Treasury Transformation Is Granted The Prestigious Alexander Hamilton Award

December 9, 2021 Latest Updates3

Şişecam, a global player in the glass and chemicals sectors, managed to be among the top 3 finalists in the ‘Treasury Transformation’ category at the Alexander Hamilton Awards with its digital treasury management project. Treasury & Risk’s Alexander Hamilton Awards are considered the most prestigious awards in the treasury world. Awards will be presented in March 2022.

09.12.2021 – As a global player in the glass and chemicals sectors, Şişecam continues to follow the latest trends in the financial world. The company carries out projects with a high reputation around the world and is crowned with prestigious awards. Şişecam, which received an award from the UK in the field of treasury transformation last year, has now been listed among the 2022 finalists in the ‘Treasury Transformation’ category at the Alexander Hamilton Awards, which has a 26 years history in the US. Şişecam is already entitled to receive one of the most prestigious awards to be announced in March 2022. The company managed to make an indelible impression in the global arena again through the award platform, where successful projects of the world’s most valuable companies in the field of treasury compete.

Şişecam, which has production operations in 14 countries and a sales network in 150 countries, has digitized and centralized its global treasury operations within the scope of the Treasury Transformation Project. High-security and non-manual payment management, artificial intelligence-assisted fraud control mechanism, and supplier financing program were among the notable achievements of the project. The establishment of the “Financial Technologies” department within the institution as an industrial organization, the appointment of a competent team in this field in addition to the outsourcing of financial technologies, and the investment in human resources also made a significant contribution for winning the award.

Şişecam was also entitled to receive an award in the Best Cyber-Security Solution category at the Adam Smith Awards of the UK-based Treasury Today in 2021 with its digital treasury management project.

Treasury & Risk is known as an essential platform. It provides high-level treasury and finance executives with the strategic content and critical information they need to keep their businesses moving in the right direction. Presented by Treasury & Risk for 26 years, the Alexander Hamilton Awards reward companies that have made major strides in treasury, finance, and risk management through process innovations and technology applications. Google, Walmart, Intel, eBay, Ford, General Motors, Mastercard, and Pfizer have also been awarded in the past years. Awards are given in different categories. The categories are Treasury Transformation, Technology Excellence, Liquidity Management, Risk Management, Working Capital & Payments, Best Practices in Restricted/Emerging Markets. In addition to Şişecam, global companies such as Microsoft, HP, Boston Scientific, and Bristol Myers Squibb are among the 2022 award winners of the Alexander Hamilton Awards.

About Şişecam

One of the most established industrial enterprises in Turkey, Şişecam is a global player in business lines including flat glass, glassware, glass packaging and glass fiber as well as soda and chromium chemicals. Today, Şişecam ranks second worldwide in glassware production and among the top five producers of glass packaging and flat glass. Şişecam is also the world’s eighth largest soda producer as well as the global leader in chromium compounds.

Operating in Turkey, Germany, Italy, Bulgaria, Romania, Slovakia, Hungary, Bosnia-Herzegovina, the Russian Federation, Georgia, Ukraine, Egypt, India and the USA, Şişecamplays a leading role in the flat glass, glassware, glass packaging, chemicals, automotive glass, glass fiber, mining, energy and recycling sectors.

As a global company with more than 86 years of experience, 22,000 employees, production activities spanning 14 countries on four continents, and sales in 150 countries, Şişecam aims to become one of top three global producers in all of its core business lines.

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