Here's a simple solution for resolving disputes on customer invoices: take a closer look at the data you already have and make sure your staff understands its significance.
During a session Monday at the TEXPO 2016 finance and treasury management conference, experts provided five key tips for treasury professionals filing an FBAR.
It’s no secret that know-your-customer (KYC) compliance is a headache for corporate treasurers. At the TEXPO 2016 finance and treasury management conference, multiple treasury professionals voiced their frustrations.
The FBI's recent revelation that organizations have lost more than $2.3 billion from business email compromise (BEC) scams over the past three years should come as no surprise to treasury and finance professionals.
Having a mentor can play a big role in a person’s career success. Yet, while the majority of CFOs say a mentor is important for career development, only a small percentage of workers report being in a mentoring relationship.
If you’re studying to be a Certified Treasury Professional, you’ve got a lot of work ahead of you. Here are five tips to remember.
This month, Starbucks' Drew Wolff discusses his upcoming CTC Corporate Treasurers Forum session on natural-resource risk management.
Craig Martin, Executive Director of the Corporate Treasurers Council, provides a preview of the upcoming CTC Corporate Treasurers Forum, May 22-24, 2016 at the Sofitel San Francisco Bay. Learn more here.
Let’s face it—the finance department does not typically carry a reputation of innovation, daring or creativity. But for any business that wants to compete and thrive in today’s economy, that has to change.
Jim Morales, FP&A, Manager of Business Planning & Strategy for U.S. Gas & Electric Inc., provides his take on the multiple choice section in part one of the FP&A Exam.
Is finance ready for big data? While the majority of FP&A departments have yet to adopt big-data projects, many are considering what strategy to put in place.
AFP recently spoke with three members of its 2016 AFP Annual Conference Planning Task Force on why they got involved. They also discussed some of the proposals they encountered while determining the program for the upcoming event.
Liz Garner, vice president of the Merchant Advisory Group, explains why retailers have seen a steady increase in chargebacks since the October 2015 EMV liability shift.
Mobile payments giant Square is both young and fast-growing, which has an impact on its treasury infrastructure and leadership approach. Just ask Tim Murphy, treasurer for the payments processor.
Resource-starved treasury groups are leveraging their knowledge and ingenuity to get more out of their treasury management systems, according to a new AFP survey.
As every senior finance executive will admit, the millennial generation presents some tough management challenges. This article focuses on those challenges and how to overcome them.
AFP spoke with Kristy Murray, environmental and social risk officer for PNC’s Corporate & Institutional Bank, about her role and the paradigm shift both banks and corporations are going through right now in terms of addressing environmental concerns and social responsibility.
Blockchain continued to dominate discussion on the third day of the Money20/20 Europe conference. As for bitcoin? Forget everything you’ve heard about it and other cryptocurrencies, one expert said.
Dana Laidhold, Treasurer and Principal for The Carlyle Group, explains how treasury professionals can ease the burden of know-your-customer (KYC) rules by working closer with their banking partners.
If the phone call inquiring about your company’s environmental, social and governance (ESG) criteria has yet to arrive, it likely will soon.
When it comes to cross-border payments, faster may not be better.
There are plenty of real-time payments initiatives under development around the world, but all of them seem to forget one thing: corporate end-users.
Startups are likely to pass banks by and lead the way on innovation in Asia—and that could be good news for corporate treasurers.
Laurie Coe of The Energy Project discusses her upcoming CTC Corporate Treasurers Forum keynote session on how treasury and finance executives can get the most out of their employees.
According to the Beyond Budgeting Round Table (BBRT), abandoning a traditional budget yields a number of key benefits.
In the latest AFP Annual Conference blog post, meet one of the organizers: Fred Schacknies, Vice President and Assistant Treasurer of Hilton Worldwide, Inc.
Biometrics took center stage during a discussion on balancing customer experience with mitigating fraud and cybercrime Tuesday morning at Money20/20 Europe. While there are clear advantages to corporates adopting this innovative technology, no solution is perfect.
Chargeback or “friendly” fraud, which involves a customer making an online purchase from a retailer and then requesting a refund from the bank, has become a major problem for merchants in Europe.
Treasury and finance executives with years of experience may think they’re too old for a mentor—especially a younger, more junior colleague. Here’s why that attitude is wrong.
Faced with a check-heavy claims payment process, Allstate implemented a service that routes payments to customer bank accounts using mobile phone numbers and email addresses as identifiers.
Financial planning and analysis (FP&A) professionals only have only a few more weeks to participate in the 2016 AFP FP&A Benchmarking Survey, conducted in partnership with IBM.
Blockchain dominated discussion on the first day of the Money20/20 Europe conference, with one panel discussing the difficulty governments are having coming up with regulations for the digital ledger technology.
While real-time systems have been put in place in multiple nations like the UK, there are still questions about how and when such a system might be implemented in the United States.
Magnus Carlsson, AFP's manager of treasury and payments, discusses the findings of the 2016 AFP Payments Fraud and Control Survey, underwritten by J.P. Morgan.
With oil prices plummeting in the last 18 months, AFP turned to one champion of Beyond Budgeting, Norway-based energy company Statoil, to see how the methodology served it as its market environment turned south.
Drew Wolff, treasurer for Starbucks, discusses his upcoming CTC Corporate Treasurers Forum session on why natural-resource risk management is becoming more important to investors and customers.
If you interview in corporate finance, expect some companies to present their questions in the form of business cases or word problems. Whatever your answer, explain the rationale behind your thinking. Employers are just as interested in your ability to grasp business strategy as they are in your ability to crunch numbers.
Big data, predictive analytics and data visualization are immensely powerful tools for understanding a complex world and making better decisions. But they’re useless if your audience can’t make sense of the information they provide.
AFP recently spoke with Tom Gallo, treasurer for ABM Industries, on how his treasury department works alongside financial planning and analysis (FP&A). Recent changes at the facility management provider has resulted in closer collaboration between both functions.
The 2016 AFP Payments Fraud and Control Survey, underwritten by J.P. Morgan, found that 73 percent of all U.S. companies experienced payments fraud last year.