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.
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.
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.
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.
Once a multibillion-dollar organization comprised of multiple businesses, ITT is now a lean and highly profitable corporation with annual revenues over $2 billion. FP&A played a big role in that transition.
Corporate-bank relationships are built on trust, and a data breach is perhaps the fastest way to damage that trust. It’s up to treasurers and CFOs to make sure their banks are keeping their information secure.
Business acumen is the ability to look at a situation as a business manager or an entrepreneur would and provide solutions. It helps the business respond as well as transform.
A look at the latest Treasury in Practice Guide, Business Continuity Planning: Why Treasury Needs a Plan B, underwritten by Kyriba.
The latest edition of Futures in Finance looks at why finance executives should spend a little less time on the ‘A’ and ‘C’ players and focus on the ‘B’ players.
Forecast analysis is a frequently overlooked feature of the sales and operations planning process, where the generic approach is to validate the variance of the current forecast against the previous forecast or the budgeted figure.
Adjusting your business forecast as you go calls for more than just historical records—you need real-time data from internal records and, increasingly, from external feeds.
Want to know the cheapest, fastest, and most effective way to study for and pass the CTP exam on the first attempt?
Whatever the nature of your forecast, there are a few principles that, if applied in the beginning of your forecasting exercise, will give you a step ahead of the complexity.
AFP’s new Treasury in Practice Guide, underwritten by Kyriba, looks at how treasury departments can continue to operate when disaster strikes.
While many finance groups are still behind in implementing big data projects, finance executives and experts argue that the tide is turning. At Providence Health & Services and Payless ShoeSource, big data is already making a big difference.
Everyone studies and takes tests differently. For those who don’t regularly take tests, however, the Certified Corporate FP&A Professional examination process might be a new experience.
Vinay Mehra, CFO of Politico, explains how to know when your budgeting and forecasting process is broken, and how to fix it.
In the latest edition of AFP Payments, we review a recent Payments Innovation Alliance discussion, in which experts weighed in on whether U.S. corporate treasurers really need—or even want—real-time payments.
A key question treasurers need to ask is whether their companies are considering alternative payments that will increase cash flow and retain customers.
Which treasury and finance topic will reign supreme in 2016? Now you can decide.
Both the A players and the C players get a lot of attention from management. But the B players are who the focus should be on.
The EMV chargeback controversy finally came to a head recently in the form of a federal antitrust lawsuit seeking class action status.
Currency volatility is on the mind of CFOs and treasurers as the U.S. dollar has been in a position of strength over the last couple of years. What is a finance exec with business overseas to do?
Ferdinand Jahnel, CTP, Vice President, Treasurer for Marsh & McLennan and an AFP Board member, discusses the biggest challenge faced when entering a new role.
Motivated treasury professionals with a few hours’ investment can systematically work through their banking relationships, leading to greater control, reduced cost and greater efficiency.
A geographically diverse company with operations across approximately 30 countries, Tiffany & Co. is constantly adding new locations in new regions. Therefore, effective communication is essential.
During a recent panel discussion, experts weighed in on how blockchain technology could be a major disruptive force. But whatever change is coming, it’s not going to happen overnight.
Finance executives may find it useful to create a subset of strategic risk called “planning risk”—the failure to meet your strategic objectives due to weaknesses in your planning process.
Getting into “study mode” isn’t easy, especially if you haven’t studied for a test in a while. Fortunately, there are a few ways that you can ease yourself back into that mindset when preparing for the FP&A Exam.
John Paris, Assistant Treasurer for Rogers Corporation, discusses why he joined the 2016 AFP Annual Conference Planning Task Force.
In the latest edition of the Risk newsletter, we look at how corporates that face major business interruption risk are finding relief in the catastrophe (cat) bond market.
Nilly Essaides, AFP's Director of Financial Planning and Analysis Practice, discusses the 2016 AFP FP&A Benchmarking Survey, conducted in partnership with IBM.
AFP recently spoke with Mack Makode of Mylan Pharmaceuticals about his upcoming session on liquidity at the CTC Corporate Treasurers Forum, May 22-24 at the Sofitel San Francisco Bay.
There are myriad opportunities for treasurers to aspire to a bigger and broader roles in the organization. But what does a treasurer need to bring this career journey to fruition?