Simplifying Swaps: Why Use Risk Participation Agreements?
Looking for a way to execute swaps without having to deal with a multitude of banks? Try a risk participation agreement.
Bank Account Reconciliation Easier than Ever, Says New AFP Guide
The second installment in the 2014 AFP Treasury in Practice series focuses on bank account reconciliation. Underwritten by KeyBank, the guide provides best practices and examples of how companies reconcile their bank accounts on a daily basis to ensure accuracy, quickly identify exceptions and prevent fraud.
Corporate Adoption of eBAM Remains Slow
Moving bank account management from a paper-based to an electronic process offers corporate treasurers clear efficiency and visibility benefits. However, widespread corporate adoption of electronic bank account management (eBAM) remains elusive.
Where Should Treasurers Store Bank Account Data?
Recently on AFP’s discussion list, corporate treasury and finance professionals discussed where they store bank account data.
One CFO’s Challenge: Post-Recession, More Duties and Demands
Credit unions—nonprofit, member-run financial institutions—felt more economic pressure in Canada during the 2008-09 recession than banks. AFP recently spoke with Rod Ancrum, chief financial officer of Credential Financial in Vancouver, British Columbia, to get his perspective on the financial crisis.