An MBA is a traditional career route for finance jobseekers. There is, however, another alternative that will definitely help you stand out from the crowd.
At Verizon, ACH is a reliable play for collecting payments. But sometimes customers don't choose this option, and payment becomes less consistent and certain. This is when speed becomes critical.
According to exclusive interviews with economists from several global financial services institutions, Uncle Sam will lead the way next year.
With 2016 less than two weeks away, let's look back on 2015 and see what we learned about treasury operations and payments this year.
Treasury and finance professionals have to adapt to a rapidly changing environment. In a word, they need to transcend the everyday and look forward.
AFP spoke with some of the world’s leading economists about their projections for 2016. Results were mixed; while some economies and sectors are poised to pick up steam, others are in for a tough year.
Many practitioners report that their banks are urging them to review and potentially reopen credit facilities, even if they’re not due for some time, in order to lock in advantageous terms. While credit agreements are a perennial issue for treasurers, they are top-of-mind now.
One of the issues keeping treasury up at night is business email compromise (BEC), in which intruders masquerade as the CFO/CEO and create emails in the hope of persuading authorized signers to issue electronic payments on their behalf.
Facing greater market volatility and a fast-changing business environment, as well as constant push from senior management to improve the planning process, more FP&A teams are incorporating driver-based modeling (DBM) into their forecasting methodology.
In the latest edition of AFP Payments, we look at four key developments that will have great significance for treasury and finance professionals in 2016.
South Africa has become an attractive market for companies. Given how volatile the South African Rand (ZAR) can be, the impact on a company with ZAR exposure can be significant.
The Federal Reserve finally raised short-term interest rates for the first time since the financial crisis. CFOs believe this will be the first of several increases in the near term.
The outlook for U.S. economic growth in 2016 and 2017 softened in the second half of 2015. Further out, another recession appears likely.
Forecasts deal with the future, and in particular, the future expectations of people. So forecasting is not a mathematical process; it is a matter of humanities.
Financial planning and analysis groups are increasingly called on to help operations achieve better process efficiency and make better investment decisions.
The big currency story in 2016 will be one of yuan liberalization—and the very significant business risk it represents for global companies. But the yuan won’t be the only currency story.
AFP asked members of its Board of Directors about their biggest challenges and accomplishments in 2015. Board members were also asked about their focuses headed into the New Year.
The 2016 AFP Business Outlook Survey, underwritten by SWIFT, revealed slightly less than half of finance professionals anticipate U.S. business conditions will improve in 2016.
The payments landscape is changing by the day. Here are four key developments that will have great significance for treasury and finance professionals in the New Year.
Christopher Voss, CEO of Black Swan Ltd. and a former hostage negotiator for the FBI, provides negotiation tips for treasury and finance professionals.
So you’ve committed to taking the CTP exam and created a learning plan to get through the chapters of the AFP Treasury Learning System. Now what?
In today’s environment, some corporate treasurers see themselves as “co-CFOs.” But perhaps treasurers should think of rebranding themselves as “chief liquidity officers (CLOs)”.
Governments are introducing programs to address late payments and improve working capital, but results are mixed at best.
SWIFT is targeting corporate treasurers with a new initiative to improve the speed, transparency and predictability of cross-border payments.
In the new Risk newsletter, we preview AFP’s new Treasury in Practice Guide on business email compromise (BEC) scams, the number one fraud threat for treasury and finance.
The ECB's decision to push deposit rates even further into negative territory is making short-term investment alternatives such as repurchase agreements more attractive.
Financing receivables can be an arduous administrative exercise for corporates. Yet the days of such troubles may soon be at an end.
In the new Treasury in Practice Guide, AFP provides you with the tools you need to stop business email compromise (BEC) scams before they start.
There is often a perception that cash forecasting is solely a treasury task. However, in an environment such as Turkey, by only utilizing customer open items and their due dates, it can lead to inefficiencies in cash management between bank accounts.
A consensus of bank economists believe the Federal Reserve will hike interest rates 25 basis points when the FOMC meets on December 16.
Managing a company with volatile cash flows presents unique challenges. There are three key principles that treasury must consider.
Three corporate treasury executives provided financial professionals with some helpful tips on securing and negotiating credit facilities during a session at the 2015 AFP Annual Conference in Denver.
Banks are going to extremes over KYC regulations. Corporate treasury and finance professionals obviously want to comply, but are banks going too far?
Driver-based models express the mathematical relationship between key business drivers and financial performance. But how can companies create the right algorithms to capture that relationship?
In the latest issue of AFP’s FP&A Newsletter, we look at how the New York Attorney General’s decision on Peabody Energy may have implications for FP&A.
One of the most successful ways to ensure your organization’s systems and procedures are safe from cybercrime is to have an outside organization test them. And one federal government agency will do just that—free of charge.
The role of financial planning and analysis (FP&A) professionals will only become more critical next year. That means FP&A will have to up the ante on forecasting, business partnership and talent.
The best companies reward employees who share their mistakes, so that others don’t commit the same errors. You first need to make mistakes to learn from them.
When studying for the CTP Exam, it is crucial to create a plan of attack.
The Chinese renminbi has met the criteria to be included in the SDR basket. For corporate treasury and finance professionals, this news has major implications.