CASH MANAGEMENT

Gold: PepsiCo Inc.

Silver: Intel Corp.

Recommended For You

Bronze: Capital One

Financial Corp.

CORPORATE FINANCE

Gold: Entergy Corp.

Silver: Toyota Financial

Services

Bronze: Intel Corp.

CREDIT RISK MANAGEMENT

Gold: Toyota

Financial Services

Silver: General Electric Co.

Bronze: Paychex Inc.

FINANCIAL RISK MANAGEMENT

Gold: General

Electric Co.

Silver: Honeywell

International Inc.

Bronze: Hewlett-Packard Co.

INSURANCE

Gold: Alcoa Inc.

Silver: General Electric Co.

Bronze: Microsoft Corp.

RETIREMENT

Gold: Lucent

Technologies Inc.

TECHNOLOGY

Gold: Toyota

Financial Services

Silver: Treasury of the

State of Ohio

Bronze: Tyco International Ltd.

CORPORATE GOVERNANCE

Tyco International Ltd.

TOOL OF THE YEAR

Citigroup's

TreasuryVision

The JUDGES

Stephen Baird, Chicago-based principal of Treasury

Strategies Inc.

Jean-Francois Heitz, the retired deputy CFO and former treasurer of Microsoft Corp. and member of the board at Business Objects

Glenn Gunn, Treasurer, Alcatel USA

Matthew Mckenna, Senior Vice President of Finance, PepsiCo Inc.

Glenn Votek, Treasurer, CIT Group

How the winners were chosen

Each judge read all entries in the seven AHA categories. They then graded them and sent the grades to T&R's editors. The editors added up the grades and awarded the gold, silver and bronze to the highest scorers. Judges recused themselves from voting in categories in which their companies had submitted applications or another conflict of interest existed. To choose the overall winner, the judges discussed, via conference call, the quality of the winning applications and the potential impact of the innovation on the profession until a consensus was reached as to which company should be awarded the overall prize.

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