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Below is a list of our most recent, trending articles that cover a variety of treasury and finance topics. If you need help finding what you're looking for, let us know and we'll be happy to help.
Treasury Professionals Discuss Getting the Best Rates on FX
AFP recently met with a group of treasury professionals from the Asia-Pacific Region (APAC) to find out which methods their companies are using to get the best rates on FX (foreign exchange) contracts and derivatives.
AFP recently met with a group of treasury professionals from the Asia-Pacific Region (APAC) to find out which methods their companies are using to get the best rates on FX (foreign exchange) contracts and derivatives.
06/30/2022
We Took a Deep Dive into Data; Here’s What We Learned
The AFP FP&A Series is a half day, virtual mini conference designed to take a deep dive into one cutting-edge topic per event. The first event was titled, “Get Your Data Right” and was held in June and exclusively sponsored by AARP.
The AFP FP&A Series is a half day, virtual mini conference designed to take a deep dive into one cutting-edge topic per event. The first event was titled, “Get Your Data Right” and was held in June and exclusively sponsored by AARP.
06/30/2022
A Three-step Route to Optimization
Companies are under constant pressure to operate as efficiently as possible, and the treasury department is no exception. Automation of mundane activities offers a clear way to improve efficiency. The difficulty for most treasury practitioners is determining how best to automate the range of activities within the department.
Companies are under constant pressure to operate as efficiently as possible, and the treasury department is no exception. Automation of mundane activities offers a clear way to improve efficiency. The difficulty for most treasury practitioners is determining how best to automate the range of activities within the department.
06/27/2022
FPAC: Making a Successful Transition from Accounting to FP&A
AFP recently caught up with Kamlesh Bhojwani, FPAC, senior director and head of Finance, Facilities & Finance Shared Services at AMH’s Global Capability Center (GCC) in India, to discuss his decision to earn the FPAC, and how it has affected his life and career journey.
AFP recently caught up with Kamlesh Bhojwani, FPAC, senior director and head of Finance, Facilities & Finance Shared Services at AMH’s Global Capability Center (GCC) in India, to discuss his decision to earn the FPAC, and how it has affected his life and career journey.
06/21/2022
Vigilance and Education Are Key to an Effective Fraud Response Say Experts
Fraud continues to dominate and indiscriminately impact companies of all sizes and across all industries with ever more sophisticated methods. For the 14th year in a row, J.P. Morgan has underwritten AFP’s Payments Fraud and Control Survey to support the education, insights and knowledge it provides in the hope of protecting our companies and our flows.
Fraud continues to dominate and indiscriminately impact companies of all sizes and across all industries with ever more sophisticated methods. For the 14th year in a row, J.P. Morgan has underwritten AFP’s Payments Fraud and Control Survey to support the education, insights and knowledge it provides in the hope of protecting our companies and our flows.
06/21/2022
APAC Treasury Advisory Council Profile: Max Sunarcia
Having served Jardine Matheson of Hong Kong for 9 years, Max Sunarcia, Group Treasurer, is a relative newcomer to the nearly 200-year-old company. An Asian-based conglomerate mainly operating in, you guessed it, Asia, the company is focused on China and South-East Asia.
Having served Jardine Matheson of Hong Kong for 9 years, Max Sunarcia, Group Treasurer, is a relative newcomer to the nearly 200-year-old company. An Asian-based conglomerate mainly operating in, you guessed it, Asia, the company is focused on China and South-East Asia.
06/16/2022
De-Conflicting Terminology of Analytics
In attaining an analytics culture, the mindset an organization embraces must be aligned with its attitude toward decision-making.
In attaining an analytics culture, the mindset an organization embraces must be aligned with its attitude toward decision-making.
06/14/2022
New Partnership Seeks to Drive Capability Building for Finance Teams in Support of Bold CFO Agendas
The Association for Financial Professionals (AFP) has partnered with Bain & Company to meld the Company’s performance improvement expertise with AFP’s finance industry acumen in order to invest in industry-leading finance training for Bain’s clients. This partnership will also deliver the most cutting-edge industry insights on financial planning and analysis (FP&A) and treasury.
The Association for Financial Professionals (AFP) has partnered with Bain & Company to meld the Company’s performance improvement expertise with AFP’s finance industry acumen in order to invest in industry-leading finance training for Bain’s clients. This partnership will also deliver the most cutting-edge industry insights on financial planning and analysis (FP&A) and treasury.
06/13/2022
FPAC Profile - Kelvin Chu: An Advocate for Modern Accounting Found FP&A
Kelvin Chu, CA, CFA, FPAC located in New Zealand, started his career in audit. It provided him with first-hand insights into how different finance disciplines would collaborate and drive financial values.
Kelvin Chu, CA, CFA, FPAC located in New Zealand, started his career in audit. It provided him with first-hand insights into how different finance disciplines would collaborate and drive financial values.
06/13/2022
Why 2020 Mattered So Much for Bank Fees
AFP Service Codes are used in bank billing to allow corporate treasurers to perform analytics on their cash management spend. The new AFP 2020 version of the codes is a major facelift to the old 2013 version, with only 32% of the codes left unchanged.
AFP Service Codes are used in bank billing to allow corporate treasurers to perform analytics on their cash management spend. The new AFP 2020 version of the codes is a major facelift to the old 2013 version, with only 32% of the codes left unchanged.
06/06/2022
Before and After Data Visualizations
Creating good visuals to communicate quantitative information is part art and part science. With the increased focus on business partnership and communication, “now” is always a great time to ask if your reports are effectively delivering your message in a clear, succinct manner.
Creating good visuals to communicate quantitative information is part art and part science. With the increased focus on business partnership and communication, “now” is always a great time to ask if your reports are effectively delivering your message in a clear, succinct manner.
06/06/2022
Impacts of the War in Ukraine on the Asia-Pacific Region
AFP’s director of Treasury Services, Tom Hunt, CTP, recently sat down with a group of treasury professionals in the APAC region to talk about the impacts of the war in Ukraine.
AFP’s director of Treasury Services, Tom Hunt, CTP, recently sat down with a group of treasury professionals in the APAC region to talk about the impacts of the war in Ukraine.
05/30/2022
CTP Profile: From Theoretical to Fully Realized
When he started in treasury, Deepak Patil had only a theoretical idea of how a treasury department functions. “And I had absolutely no idea how the financial operations, middle office and back office are separated by the systems and extensive responsibilities each department caters to,” he said. But he knew one thing for sure: that he wanted to get in to treasury.
When he started in treasury, Deepak Patil had only a theoretical idea of how a treasury department functions. “And I had absolutely no idea how the financial operations, middle office and back office are separated by the systems and extensive responsibilities each department caters to,” he said. But he knew one thing for sure: that he wanted to get in to treasury.
05/27/2022
What is Cash Forecasting?
When it comes to cash forecasting, the primary goal of treasury is to ensure the organization has enough cash to meet its obligations over a certain time period. Thanks to most organizations partaking in the trend of having a forensic-level focus on cash, treasury has a much clearer view of the dynamics of and correlations between the various cash flows that make up the forecasts.
When it comes to cash forecasting, the primary goal of treasury is to ensure the organization has enough cash to meet its obligations over a certain time period. Thanks to most organizations partaking in the trend of having a forensic-level focus on cash, treasury has a much clearer view of the dynamics of and correlations between the various cash flows that make up the forecasts.
05/26/2022
CTP Profile: Capital and Liquidity Management in an Emerging Market
After graduating from Business School, Sovanna Tang, CTP, took a job as a senior associate, where he largely worked in audit. He then worked as an accounting specialist. “The work in financial reporting is complicated at first, but eventually it is quite mundane and becomes routine,” said Tang. That’s when he decided to make the transition to capital liquidity control.
After graduating from Business School, Sovanna Tang, CTP, took a job as a senior associate, where he largely worked in audit. He then worked as an accounting specialist. “The work in financial reporting is complicated at first, but eventually it is quite mundane and becomes routine,” said Tang. That’s when he decided to make the transition to capital liquidity control.
05/25/2022
CTP Profile: Venturing into the Treasury Domain
From the beginning of his time with Moody’s Analytics, Shakalya Nag, CTP, wanted to venture into the treasury domain. Understanding the systems and processes was of great interest to him. Then he started working on RFPs for major MNC banks in their treasury domain, and he’s has been working on the sales side of treasury operations and fund compliance ever since.
From the beginning of his time with Moody’s Analytics, Shakalya Nag, CTP, wanted to venture into the treasury domain. Understanding the systems and processes was of great interest to him. Then he started working on RFPs for major MNC banks in their treasury domain, and he’s has been working on the sales side of treasury operations and fund compliance ever since.
05/25/2022
Handling the Skills Gap in the Asia-Pacific Region
AFP recently met with a group of treasury professionals in the APAC region to see how things are progressing for the treasury profession there, if there is a skills gap, and if so, how it’s being addressed. The following is a compilation of their thoughts and insights.
AFP recently met with a group of treasury professionals in the APAC region to see how things are progressing for the treasury profession there, if there is a skills gap, and if so, how it’s being addressed. The following is a compilation of their thoughts and insights.
05/24/2022
Report Renovations: How to DIY an Effective Presentation
What goes into an effective presentation? How is it different when you’re in the finance profession? At our second “Report Renovations” webinar, we asked the attendees what storytelling means to them.
What goes into an effective presentation? How is it different when you’re in the finance profession? At our second “Report Renovations” webinar, we asked the attendees what storytelling means to them.
05/20/2022
More Structured, More Efficient, More Accessible: Managing the Daily Life of an FP&A Professional
AFP recently sat down with Carmen Turner, member of the North American FP&A Advisory Council and has held finance positions at SwipeSense, McGraw Hill and the CME Group, to get her opinion on daily life in FP&A.
AFP recently sat down with Carmen Turner, member of the North American FP&A Advisory Council and has held finance positions at SwipeSense, McGraw Hill and the CME Group, to get her opinion on daily life in FP&A.
05/16/2022
Using Forecasts to Support Strategic Decision-Making
Treasury and FP&A both develop forecasts to inform decision-making. Forecasts are developed for: the short-term, to help treasury ensure the company has sufficient cash to meet upcoming obligations; the medium-term, to ensure access to sufficient credit lines; and the long-term, to help ensure the capital structure can support the delivery of the business strategy.
Treasury and FP&A both develop forecasts to inform decision-making. Forecasts are developed for: the short-term, to help treasury ensure the company has sufficient cash to meet upcoming obligations; the medium-term, to ensure access to sufficient credit lines; and the long-term, to help ensure the capital structure can support the delivery of the business strategy.
05/16/2022
FP&A Profile: The Pandemic Led to His Dream Job
Tharanga Gunasekara, FPAC, FP&A and financial performance analyst for AMP Capital Australia used his time during the pandemic to think clearly about how to best shape his career post-pandemic. And it paid off. He landed his dream job.
Tharanga Gunasekara, FPAC, FP&A and financial performance analyst for AMP Capital Australia used his time during the pandemic to think clearly about how to best shape his career post-pandemic. And it paid off. He landed his dream job.
05/16/2022
The War in Ukraine: American Companies Discuss the Impact and Their Responses
AFP recently met with a group of treasury professionals from the U.S. to discuss the war in Ukraine and how their organizations are responding to and dealing with the challenges stemming from the conflict.
AFP recently met with a group of treasury professionals from the U.S. to discuss the war in Ukraine and how their organizations are responding to and dealing with the challenges stemming from the conflict.
05/13/2022
AFP Announces Formation of Middle East and Africa Treasury Advisory Council
Seeking to better connect with and serve treasury professionals in the Middle East and Africa region, the Association for Finance Professionals (AFP) recently launched the Middle East and Africa (MEA) Treasury Advisory Council.
Seeking to better connect with and serve treasury professionals in the Middle East and Africa region, the Association for Finance Professionals (AFP) recently launched the Middle East and Africa (MEA) Treasury Advisory Council.
05/05/2022
A Better Way: Chick-fil-A Reimagines Their Data Culture
In the recent webinar, “Getting Your Data Right: How Architecture Facilitates Data Culture,” two members of Chick-fil-A’s (CFA) Financial Solutions Lab — Camille Felton, CTP, FPAC, Principal Team Leader and Matt Burton, Director within Financial Operations & Technology — shared valuable insights from their journey.
In the recent webinar, “Getting Your Data Right: How Architecture Facilitates Data Culture,” two members of Chick-fil-A’s (CFA) Financial Solutions Lab — Camille Felton, CTP, FPAC, Principal Team Leader and Matt Burton, Director within Financial Operations & Technology — shared valuable insights from their journey.
05/04/2022
Payments Fraud Not a Result of Remote Working
In the past two years, the pandemic changed a lot in terms of how we live, travel and, in many cases, the way we work. Globally, organizations mandated that employees work remotely, which required companies to alter many of their processes and procedures. One of the processes impacted was payments.
In the past two years, the pandemic changed a lot in terms of how we live, travel and, in many cases, the way we work. Globally, organizations mandated that employees work remotely, which required companies to alter many of their processes and procedures. One of the processes impacted was payments.
05/04/2022
10 Best Practices in Cash Forecasting
“Over a relatively short time, cash forecasting has shifted from a function of survival to the ability to be nimble and react to strategic opportunities.”
“Over a relatively short time, cash forecasting has shifted from a function of survival to the ability to be nimble and react to strategic opportunities.”
04/27/2022
AFP 2022 Session Highlights: FP&A
A running theme throughout the submissions this year appears to be one of structure. At this point, most organizations understand the value of FP&A and are at the very least trending toward partnership with their internal team.
A running theme throughout the submissions this year appears to be one of structure. At this point, most organizations understand the value of FP&A and are at the very least trending toward partnership with their internal team.
04/26/2022
Treasury and FP&A Forecast Better Together
Treasury and FP&A can develop more meaningful forecasts to support the development of business strategy. There are potential benefits from a collaborative approach in a number of areas.
Treasury and FP&A can develop more meaningful forecasts to support the development of business strategy. There are potential benefits from a collaborative approach in a number of areas.
04/26/2022
CTP: Embracing Change and Upskilling to Add Value
AFP recently caught up with Kerry Shattell, CTP, assistant vice president of Blackstone in Singapore, to discuss her decision to earn the CTP, and how it has affected her life and career journey.
AFP recently caught up with Kerry Shattell, CTP, assistant vice president of Blackstone in Singapore, to discuss her decision to earn the CTP, and how it has affected her life and career journey.
04/22/2022
AFP 2022 Session Highlights: Risk, Capital Markets and Payments
The AFP 2022 Conference Planning Task Force recently met to review all educational session submissions and select the final session lineup for each of the six tracks. Because we’re too excited to wait until this fall to share the information with you, below are some highlights of the sessions that we are most interested in on the topics of risk, capital markets and payments.
The AFP 2022 Conference Planning Task Force recently met to review all educational session submissions and select the final session lineup for each of the six tracks. Because we’re too excited to wait until this fall to share the information with you, below are some highlights of the sessions that we are most interested in on the topics of risk, capital markets and payments.
04/19/2022
The True Cost of Payments Now
In 2015, AFP first conducted a survey to help members understand the true cost of their payments by payment type, based on internal and external costs. In 2022, the survey was conducted again, underwritten by Corpay, to see how things had changed, and with over 300 responses, we were able to get a holistic and true price picture of the cost of payments.
In 2015, AFP first conducted a survey to help members understand the true cost of their payments by payment type, based on internal and external costs. In 2022, the survey was conducted again, underwritten by Corpay, to see how things had changed, and with over 300 responses, we were able to get a holistic and true price picture of the cost of payments.
04/18/2022
CTP Profile: Learning the Importance of Treasury Knowledge
When Jun Jep Lee, CTP, business development executive for Triterras, got his start in corporate banking, he didn’t understand why it was so important to have knowledge of treasury. AFP sat down with Lee to discuss how that perspective altered quickly when he realized treasury's impact in every aspect of his day-to-day career.
When Jun Jep Lee, CTP, business development executive for Triterras, got his start in corporate banking, he didn’t understand why it was so important to have knowledge of treasury. AFP sat down with Lee to discuss how that perspective altered quickly when he realized treasury's impact in every aspect of his day-to-day career.
04/11/2022
FP&A is the Forefront of Transformation
AFP recently spoke with Connagh Hopkins, head of Business Planning and Reporting for Western Power, as part of our spotlight on members of our APAC FP&A Advisory Council (FPAAC). Hopkins shared with us her perspective on using 'finance' to describe her role and her thoughts on educating others to see past assumptions of the description.
AFP recently spoke with Connagh Hopkins, head of Business Planning and Reporting for Western Power, as part of our spotlight on members of our APAC FP&A Advisory Council (FPAAC). Hopkins shared with us her perspective on using 'finance' to describe her role and her thoughts on educating others to see past assumptions of the description.
04/11/2022
Let’s Talk Practice: 8 Ways Finance is (Or Should Be) Different
We all know the stressors and challenges in our professional finance lives. The AFP's North American Financial Planning and Analysis (FP&A) Advisory Council (FPACC) recently had a conversation regarding how life in finance has changed and how to navigate these changes.
We all know the stressors and challenges in our professional finance lives. The AFP's North American Financial Planning and Analysis (FP&A) Advisory Council (FPACC) recently had a conversation regarding how life in finance has changed and how to navigate these changes.
04/04/2022
Let’s Talk Talent: How is Finance Practiced Differently Now?
How has finance talent changed today? What changes have you noticed or consciously made in what you look for, or how have you trained your people up differently? AFP’s Asia Pacific FP&A Advisory Council considered this question at their February meeting, and what emerged was an understanding of a finance function in flux.
How has finance talent changed today? What changes have you noticed or consciously made in what you look for, or how have you trained your people up differently? AFP’s Asia Pacific FP&A Advisory Council considered this question at their February meeting, and what emerged was an understanding of a finance function in flux.
03/24/2022
FPAC: Developing a Career in FP&A
AFP recently caught up with Nozomi Abe, FPAC, financial analyst at Qualcomm in Japan, to discuss her decision to earn the FPAC, and how it has affected her life and career journey. The Certified Corporate Financial Planning and Analysis Professional (FPAC) designation is a set of core competencies for the corporate financial planning and analysis (FP&A) profession and a a global symbol of excellence.
AFP recently caught up with Nozomi Abe, FPAC, financial analyst at Qualcomm in Japan, to discuss her decision to earn the FPAC, and how it has affected her life and career journey. The Certified Corporate Financial Planning and Analysis Professional (FPAC) designation is a set of core competencies for the corporate financial planning and analysis (FP&A) profession and a a global symbol of excellence.
03/24/2022
Treasury Profile: Leading Corporate Treasury in Pakistan
When Saima Jamil joined Transworld Associates in 2013, she took a job in the finance division where she dealt with the banks and related matters. At that point in time, the finance department was small and there was no formal treasury role, even though treasury activities were happening. The company started to expand and massively enhanced its core projects to the point where a formal treasury department was established.
When Saima Jamil joined Transworld Associates in 2013, she took a job in the finance division where she dealt with the banks and related matters. At that point in time, the finance department was small and there was no formal treasury role, even though treasury activities were happening. The company started to expand and massively enhanced its core projects to the point where a formal treasury department was established.
03/24/2022
Treasury Profile: His Passion Led him to Corporate Treasury
After nine years in the banking industry, Colin Ho, CTP was ready to move on to his next career development challenge. What he came to discover is that he’s most passionate about taking on complex commercial challenges such as managing strategic liquidity requirements, financial risk management across foreign exchange, interest rate and other market risks and securitization financing.
After nine years in the banking industry, Colin Ho, CTP was ready to move on to his next career development challenge. What he came to discover is that he’s most passionate about taking on complex commercial challenges such as managing strategic liquidity requirements, financial risk management across foreign exchange, interest rate and other market risks and securitization financing.
03/23/2022
AFP Benchmark Survey Provides Valuable Insights into the Anything but Normal of Now
If there's anything we've learned in the past year, it's that there is no normal anymore. We at AFP realized that most of our members were going to be creating a budget or a forecast without a stable basis of comparison for operations due to market, talent and high supply chain disruptions. All of our historicals were thrown out of whack!
If there's anything we've learned in the past year, it's that there is no normal anymore. We at AFP realized that most of our members were going to be creating a budget or a forecast without a stable basis of comparison for operations due to market, talent and high supply chain disruptions. All of our historicals were thrown out of whack!
03/22/2022
Cutting Through the Hype: Pearson's AI-based Cash Forecasting Marvel
Cash forecasting is top of every financial professional’s mind, particularly as we continue to climb out of the coronavirus pandemic worldwide. In a recent webinar, “Cutting Through the Hype: Pearson’s AI-based Cash Forecasting Marvel,” Nicolas Christiaen and James Kelly, walk us through their journey to an AI-based cash forecasting system.
Cash forecasting is top of every financial professional’s mind, particularly as we continue to climb out of the coronavirus pandemic worldwide. In a recent webinar, “Cutting Through the Hype: Pearson’s AI-based Cash Forecasting Marvel,” Nicolas Christiaen and James Kelly, walk us through their journey to an AI-based cash forecasting system.
03/22/2022
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