Articles
Liquidity Coverage Ratio: How are Treasurers Preparing?
New liquidity coverage ratio requirements from Basel III have the potential to transform corporate borrowing—and many global treasurers are already trying to adapt.
New liquidity coverage ratio requirements from Basel III have the potential to transform corporate borrowing—and many global treasurers are already trying to adapt.
11/14/2014
4 Key Barriers to Corporate Mobile Payments Adoption
Treasury and finance professionals have heard for years that mobile payments are the next big thing, and they’re going to change the way everyone makes payments. So what's the holdup? A panel of experts at the 2014 AFP Annual Conference attempted to answer that question.
Treasury and finance professionals have heard for years that mobile payments are the next big thing, and they’re going to change the way everyone makes payments. So what's the holdup? A panel of experts at the 2014 AFP Annual Conference attempted to answer that question.
11/13/2014
November 2014 Risk: How Treasury Can Fight Cybercrime
In the November issue of Risk, new research on cybercrime is here -- and the results are sobering. The big takeaway: firms are still trying to cope with cybersecurity in its many forms.
In the November issue of Risk, new research on cybercrime is here -- and the results are sobering. The big takeaway: firms are still trying to cope with cybersecurity in its many forms.
11/13/2014
Survey: Risk Governance a Top Priority for Treasury
According to a new survey from KPMG and AFP, firms today are spending a significant amount of time and resources to enhance their risk governance practices, especially in areas involving treasury such as liquidity and funding.
According to a new survey from KPMG and AFP, firms today are spending a significant amount of time and resources to enhance their risk governance practices, especially in areas involving treasury such as liquidity and funding.
11/12/2014
Ex-NSA Chief on Cybercrime: ‘The Worst is Yet to Come’
Gen. Keith B. Alexander, former Director of the NSA, delivered a chilling message to attendees of the 2014 AFP Annual Conference about cybersecurity: the worst is yet to come. Fortunately, he also provided them with some tips on protecting their data.
Gen. Keith B. Alexander, former Director of the NSA, delivered a chilling message to attendees of the 2014 AFP Annual Conference about cybersecurity: the worst is yet to come. Fortunately, he also provided them with some tips on protecting their data.
11/11/2014
Treasury in Spinoffs: ‘Like Driving a Car While Building It’
More companies are spinning off parts of their organizations into standalone companies, according to a new survey. For treasury departments that means an increased—and increasingly complex—workload.
11/11/2014
Could BitLicenses Complicate Efforts to Legitimize Bitcoin?
Jim Harper of the Bitcoin Foundation told attendees at the 2014 AFP Annual Conference that that the ideal outcome for virtual currencies would be to integrate them into traditional financial services. But the New York Department of Financial Services' proposed BitLicenses could complicate efforts to legitimize virtual currencies.
Jim Harper of the Bitcoin Foundation told attendees at the 2014 AFP Annual Conference that that the ideal outcome for virtual currencies would be to integrate them into traditional financial services. But the New York Department of Financial Services' proposed BitLicenses could complicate efforts to legitimize virtual currencies.
11/10/2014
Corporate Finance Week: U.S. Economy Continues to Strengthen
The Treasury market is basically unchanged; the stock market is at all-time highs; the U.S. dollar continued to strengthen; and the deficit, as a function of GDP, dropped to 2.8 percent. There is a general feeling that the U.S. economy is currently expanding in the elusive, but much sought after “Goldilocks” range.
The Treasury market is basically unchanged; the stock market is at all-time highs; the U.S. dollar continued to strengthen; and the deficit, as a function of GDP, dropped to 2.8 percent. There is a general feeling that the U.S. economy is currently expanding in the elusive, but much sought after “Goldilocks” range.
11/10/2014
AFP EconWatch: 9-Month Winning Streak for Job Creation
U.S. employers added 214,000 jobs in October, which marks the ninth straight month in which job gains exceeded 200,000. The last time employers added 200,000 workers for at least nine consecutive months was in 1995.
U.S. employers added 214,000 jobs in October, which marks the ninth straight month in which job gains exceeded 200,000. The last time employers added 200,000 workers for at least nine consecutive months was in 1995.
11/10/2014
How Can Treasury Demonstrate its Value to the CFO?
Does your CFO fully comprehend the value of treasury? During a session at the CTC Executive Institute of the 2014 AFP Annual Conference, treasurers provided three key ways to display that value.
Does your CFO fully comprehend the value of treasury? During a session at the CTC Executive Institute of the 2014 AFP Annual Conference, treasurers provided three key ways to display that value.
11/07/2014
November FP&A Newsletter: 20 Data Visualization Tips
The November issue of the FP&A newsletter is full of advice from your peers, including 20 steps to improve data visualization, seven tips for better rolling forecasts, three ways FP&A can improve communication, and more.
The November issue of the FP&A newsletter is full of advice from your peers, including 20 steps to improve data visualization, seven tips for better rolling forecasts, three ways FP&A can improve communication, and more.
11/06/2014
Cybersecurity: Four Evolving Threats
An educational session at the 2014 AFP Annual Conference examined four evolving cyber threats, and the steps treasurers can take to protect their organizations.
An educational session at the 2014 AFP Annual Conference examined four evolving cyber threats, and the steps treasurers can take to protect their organizations.
11/05/2014
AFP Survey: Cyberspending Up, But Not on Cyberinsurance
Cybersecurity is clearly a top threat to treasury and finance professionals and to the entire economy, according to an onsite survey conducted Monday at the 2014 AFP Annual Conference. Financial professionals fear the economic impact of a large-scale cyberattack.
Cybersecurity is clearly a top threat to treasury and finance professionals and to the entire economy, according to an onsite survey conducted Monday at the 2014 AFP Annual Conference. Financial professionals fear the economic impact of a large-scale cyberattack.
11/04/2014
Survey: Management Support is Key to Robust Data Analysis
Most companies engage in some type of data analysis to drive decision-making and achieve business goals, but those whose data intelligence programs have the support of management and devote considerable resources to gathering, analyzing and interpreting information are the ones reaping the benefits, according to the AFP Data Intelligence Survey, underwritten by Capital One Bank.
Most companies engage in some type of data analysis to drive decision-making and achieve business goals, but those whose data intelligence programs have the support of management and devote considerable resources to gathering, analyzing and interpreting information are the ones reaping the benefits, according to the AFP Data Intelligence Survey, underwritten by Capital One Bank.
11/04/2014
Crisis Management: Why the First 72 Hours Matter Most
The first 72 hours in a crisis can dramatically impact the next months or years for your organization, according to Martin Pergler and Becca O’Brien of McKinsey & Co. They provided attendees of the CTC Executive Institute with a list of key actions that can keep a bad situation from becoming a catastrophic one.
The first 72 hours in a crisis can dramatically impact the next months or years for your organization, according to Martin Pergler and Becca O’Brien of McKinsey & Co. They provided attendees of the CTC Executive Institute with a list of key actions that can keep a bad situation from becoming a catastrophic one.
11/04/2014
Case Study: How Dresser-Rand Implemented a Global Cash Pool
Dresser-Rand Group presented treasury and finance professionals with a look at how it implemented a new global cash pool at the 2014 AFP Annual Conference. Dresser-Rand’s pool is designed to increase the availability and liquidity of previously trapped cash.
Dresser-Rand Group presented treasury and finance professionals with a look at how it implemented a new global cash pool at the 2014 AFP Annual Conference. Dresser-Rand’s pool is designed to increase the availability and liquidity of previously trapped cash.
11/04/2014
Why Multinationals Should Consider Invoicing in RMB
Attendees of the 2014 AFP Annual Conference received a glimpse into how renminbi (RMB) cross-border trade has taken off in the five years since regulators permitted the first pilot.
Attendees of the 2014 AFP Annual Conference received a glimpse into how renminbi (RMB) cross-border trade has taken off in the five years since regulators permitted the first pilot.
11/04/2014
FBI Agent: Cybercriminals are Creating Full Profiles of You
Cybersecurity dominated the conversation at the Payments Roundtable Sunday at the 2014 AFP Annual Conference. SSA Clyde Ellis with the FBI’s Major Cyber Crimes Unit (MCCU) provided treasury and finance professionals with a glimpse into the biggest cyber threat trends his unit is looking at.
Cybersecurity dominated the conversation at the Payments Roundtable Sunday at the 2014 AFP Annual Conference. SSA Clyde Ellis with the FBI’s Major Cyber Crimes Unit (MCCU) provided treasury and finance professionals with a glimpse into the biggest cyber threat trends his unit is looking at.
11/03/2014
3 Reasons Why Ben Bernanke is Bullish on the U.S. Economy
Former Federal Reserve Chairman Ben Bernanke opened the 2014 AFP Annual Conference by stressing that he is positive about the U.S. economy in the long term, and he provided three key reasons why.
Former Federal Reserve Chairman Ben Bernanke opened the 2014 AFP Annual Conference by stressing that he is positive about the U.S. economy in the long term, and he provided three key reasons why.
11/03/2014
ChildFund International Wins 2014 AFP Pinnacle Award Grand Prize
ChildFund International was awarded the AFP Pinnacle Award Grand Prize Sunday at the Opening General Session of the AFP Annual Conference. The awards, sponsored by Wells Fargo & Co., have recognized excellence in treasury and finance each year since 1997.
ChildFund International was awarded the AFP Pinnacle Award Grand Prize Sunday at the Opening General Session of the AFP Annual Conference. The awards, sponsored by Wells Fargo & Co., have recognized excellence in treasury and finance each year since 1997.
11/03/2014
Corporate Finance Week: A Treat for Equity Investors
The market gave equity investors quite the treat with a significant rally to wrap up October before heading into the last two months of the year. A slew of positive data helped fuel equities prices; while at the same time put quite a damper on fixed income and commodity prices.
The market gave equity investors quite the treat with a significant rally to wrap up October before heading into the last two months of the year. A slew of positive data helped fuel equities prices; while at the same time put quite a damper on fixed income and commodity prices.
11/03/2014
AFP Fraudwatch: Just How Safe are Chip Cards?
A debate has arisen over whether migration to chip and PIN or chip and signature cards makes the most sense in the U.S. Obviously the PIN adds another layer of security, but does it really matter? A recent fraud trend that exploits chip cards as a whole should serve as a cautionary tale to both banks and retailers as the EMV rollout picks up steam.
A debate has arisen over whether migration to chip and PIN or chip and signature cards makes the most sense in the U.S. Obviously the PIN adds another layer of security, but does it really matter? A recent fraud trend that exploits chip cards as a whole should serve as a cautionary tale to both banks and retailers as the EMV rollout picks up steam.
11/03/2014
3 Steps Treasurers Can Take to Fight Vendor Fraud
Many treasurers complain that fraudsters have tried to change the account number on an outgoing vendor checks and ETFs. So what can treasurers do?
Many treasurers complain that fraudsters have tried to change the account number on an outgoing vendor checks and ETFs. So what can treasurers do?
10/30/2014
FP&A: 7 Tips for Designing an Effective Dashboard
When creating reporting dashboards for management, FP&A professionals need to tailor the images carefully. Here are seven tips from practitioners and experts on how to construct an effective visual dashboard.
When creating reporting dashboards for management, FP&A professionals need to tailor the images carefully. Here are seven tips from practitioners and experts on how to construct an effective visual dashboard.
10/30/2014
Business Intelligence and Analytics: How to Use BI
There is a common confusion among financial professionals about exactly what business intelligence (BI) is. A failure to grasp the concept and utilize it effectively can undermine a financial planning and analysis (FP&A) team’s efforts.
There is a common confusion among financial professionals about exactly what business intelligence (BI) is. A failure to grasp the concept and utilize it effectively can undermine a financial planning and analysis (FP&A) team’s efforts.
10/29/2014
AFP's President Welcomes Attendees to the Annual Conference
Jim Kaitz, President & CEO of the Association for Financial Professionals, welcomes attendees to the 2014 AFP Annual Conference in Washington, D.C. and highlights the speakers and sessions at the event.
Jim Kaitz, President & CEO of the Association for Financial Professionals, welcomes attendees to the 2014 AFP Annual Conference in Washington, D.C. and highlights the speakers and sessions at the event.
10/28/2014
CTC Executive Institute: What’s Next for Treasury & Finance?
The 10th Annual CTC Executive Institute, sponsored by PNC, features a host of impressive speakers looking towards the future—just what is lurking around the corner for today’s treasury and finance professionals?
The 10th Annual CTC Executive Institute, sponsored by PNC, features a host of impressive speakers looking towards the future—just what is lurking around the corner for today’s treasury and finance professionals?
10/28/2014
Pinnacle Finalists: Toyota, ChildFund and Theorem
Toyota Financial Services, ChildFund International and Theorem Clinical Research, will receive their Pinnacle Awards Sunday night at the Opening General Session of the 2014 AFP Annual Conference, with the Grand Prize winner also being announced. Sponsored by Wells Fargo & Company, the Pinnacle Awards recognize excellence in treasury and finance.
Toyota Financial Services, ChildFund International and Theorem Clinical Research, will receive their Pinnacle Awards Sunday night at the Opening General Session of the 2014 AFP Annual Conference, with the Grand Prize winner also being announced. Sponsored by Wells Fargo & Company, the Pinnacle Awards recognize excellence in treasury and finance.
10/28/2014
More Spend Ahead for U.S. Businesses, Treasurers Say
U.S. companies are spending their cash and expect to spend even more in the coming quarter, according to the latest AFP Corporate Cash Indicators® (AFP CCI).
U.S. companies are spending their cash and expect to spend even more in the coming quarter, according to the latest AFP Corporate Cash Indicators® (AFP CCI).
10/27/2014
Cybercrime: Trends and Tips for Treasurers
Cybercrime is perhaps the greatest risk to companies in the current environment. But it doesn’t have to be. Bill Nelson of FS-ISAC and Peter Tapling of Authentify provide guidance on how treasurers can handle today’s threats.
Cybercrime is perhaps the greatest risk to companies in the current environment. But it doesn’t have to be. Bill Nelson of FS-ISAC and Peter Tapling of Authentify provide guidance on how treasurers can handle today’s threats.
10/27/2014
Rolling Forecasts: 7 Factors for Success
The concept of a rolling forecast is a hot topic in FP&A. Many companies attempt to implement it, but not all of them are successful. During the latest meeting of the Geneva FP&A Club, practitioners discussed the seven factors for rolling forecast success.
The concept of a rolling forecast is a hot topic in FP&A. Many companies attempt to implement it, but not all of them are successful. During the latest meeting of the Geneva FP&A Club, practitioners discussed the seven factors for rolling forecast success.
10/24/2014
How Will Basel III Impact Corporate Deposit Strategies?
Financial institutions are beginning to get a better grasp on Basel III as they work their way through compliance efforts. But what does this mean for corporate treasury and finance?
Financial institutions are beginning to get a better grasp on Basel III as they work their way through compliance efforts. But what does this mean for corporate treasury and finance?
10/23/2014
Futures in Finance: It's Here - Career Development at AFP 2014
The 2014 AFP Annual Conference in Washington, D.C. is less than two weeks away, so this month we're presenting you with a full list of this year's career development sessions.
The 2014 AFP Annual Conference in Washington, D.C. is less than two weeks away, so this month we're presenting you with a full list of this year's career development sessions.
10/23/2014
Former Fed Chair Bernanke to Keynote AFP Annual Conference
Former Federal Reserve Chairman Ben S. Bernanke will deliver the keynote address Sunday evening at the AFP Annual Conference in Washington D.C.
Former Federal Reserve Chairman Ben S. Bernanke will deliver the keynote address Sunday evening at the AFP Annual Conference in Washington D.C.
10/23/2014
Intellectually Curious: The Secret to One Treasurer’s Career
What helped Christy Barwick rise to the role of corporate treasurer? A very broad portfolio of diverse finance experiences -- and something else.
What helped Christy Barwick rise to the role of corporate treasurer? A very broad portfolio of diverse finance experiences -- and something else.
10/22/2014
AFP 2014: 20 Sessions to Bolster Your Career
From tips on how to present to the board of directors to inspiring accounts of leadership under pressure to advice on how to build the perfect resume, the 2014 AFP Annual Conference boasts an impressive lineup of sessions on its career development track.
From tips on how to present to the board of directors to inspiring accounts of leadership under pressure to advice on how to build the perfect resume, the 2014 AFP Annual Conference boasts an impressive lineup of sessions on its career development track.
10/22/2014
CFO Coach: How to Know if You’re Marketable
What makes you marketable, as a jobseeker? Your technical skills are unquestionably important. But what you do only matters to a prospective employer in the context of how you used those technical finance skills to solve a problem and deliver a tangible impact.
What makes you marketable, as a jobseeker? Your technical skills are unquestionably important. But what you do only matters to a prospective employer in the context of how you used those technical finance skills to solve a problem and deliver a tangible impact.
10/22/2014
5 Ways to Improve Your Forecast & Avoid Walgreen-Like Errors
There are ways companies can future-proof their forecasts -- by switching to rolling forecasts that adjust to changes in market assumptions and risk-adjusting their forecasts to events that may affect the outcome.
There are ways companies can future-proof their forecasts -- by switching to rolling forecasts that adjust to changes in market assumptions and risk-adjusting their forecasts to events that may affect the outcome.
10/21/2014
AFP Guide: Treasury Must Get Involved Early in M&A
AFP’s new Treasury in Practice guide, underwritten by KeyBank, identifies key insights for treasurers to maximize their critical role in the M&A process. Often, treasury becomes involved in M&A late in the game—but that approach is typically a misstep.
AFP’s new Treasury in Practice guide, underwritten by KeyBank, identifies key insights for treasurers to maximize their critical role in the M&A process. Often, treasury becomes involved in M&A late in the game—but that approach is typically a misstep.
10/21/2014
Obama Speeds Up EMV Migration – How Will Businesses React?
President Obama's latest executive order on cybersecurity promises to speed up the government’s transition to EMV chip-and-PIN. This will surely impact treasury and finance professionals whose businesses transact with the federal government.
President Obama's latest executive order on cybersecurity promises to speed up the government’s transition to EMV chip-and-PIN. This will surely impact treasury and finance professionals whose businesses transact with the federal government.
10/21/2014
Collaborate With Your Peers
AFP's online community, AFP Collaborate, allows you to ask questions and get answers from your treasury and finance peers whenever you want, wherever you are in the world.
Explore AFP Collaborate Here
AFP's online community, AFP Collaborate, allows you to ask questions and get answers from your treasury and finance peers whenever you want, wherever you are in the world.
Explore AFP Collaborate Here