Articles
How Can FP&A Assemble Its A-Team?
How can FP&A leaders identify, attract and hire the best talent?
How can FP&A leaders identify, attract and hire the best talent?
02/07/2018
Beyond the Huddle: Peyton Manning to Keynote AFP 2018
Five-time NFL MVP Peyton Manning has been announced as a keynote speaker at AFP 2018.
Five-time NFL MVP Peyton Manning has been announced as a keynote speaker at AFP 2018.
02/06/2018
NACHA, Accenture Team Up for API Standardization
NACHA and Accenture have joined forces to support API standardization across the U.S. payments system.
NACHA and Accenture have joined forces to support API standardization across the U.S. payments system.
02/05/2018
To Fly Like the Eagles, FP&A Professionals Must Trust Their Analytics
The Philadelphia Eagles' approach has significant implications for finance. We live in a time of new data and analytical techniques that can provide advantages if we know how to use them, and are brave enough to use them.
The Philadelphia Eagles' approach has significant implications for finance. We live in a time of new data and analytical techniques that can provide advantages if we know how to use them, and are brave enough to use them.
02/05/2018
Study: U.S. Firms May Be Willing to Deploy Cash
U.S. corporates may finally be ready to deploy cash, according to the latest AFP Corporate Cash Indicators®.
U.S. corporates may finally be ready to deploy cash, according to the latest AFP Corporate Cash Indicators®.
01/30/2018
What is the Key to FP&A and Winning the Super Bowl? Don't Beat Yourself.
How can your FP&A team make sure that your organization does not lose in the marketplace by beating itself or making unforced errors that lead to excess effort, time, cost, or sacrificed revenue?
How can your FP&A team make sure that your organization does not lose in the marketplace by beating itself or making unforced errors that lead to excess effort, time, cost, or sacrificed revenue?
01/30/2018
KYC: It’s Time to Put All Your Data in One Place
What would a centralized KYC repository look like and what problems could its implementation run into? Tom Hunt, CTP, Director of Treasury Services at AFP dives into this idea.
What would a centralized KYC repository look like and what problems could its implementation run into? Tom Hunt, CTP, Director of Treasury Services at AFP dives into this idea.
01/29/2018
Excel: Finance's Universal Language
Since the lates 1980s Excel has dominated the financial reporting landscape and the software shows no signs of wearing down.
Since the lates 1980s Excel has dominated the financial reporting landscape and the software shows no signs of wearing down.
01/29/2018
5 Ways FP&A Professionals Can Be Better Data Consumers
We ingest data, analyze and interpret it, then apply our business savvy to make it more useful, and then deliver that to the next person. But are we doing this well?
We ingest data, analyze and interpret it, then apply our business savvy to make it more useful, and then deliver that to the next person. But are we doing this well?
01/29/2018
3 Ways Budgets Guide and Reflect Your Organization’s Culture
A webinar discussing the results of the 2017 FP&A survey, How Relevant is Your Budget?, found that the budgeting process shapes and reflects the organizational culture in which it operates.
A webinar discussing the results of the 2017 FP&A survey, How Relevant is Your Budget?, found that the budgeting process shapes and reflects the organizational culture in which it operates.
01/26/2018
AFP Makes Recommendations for Same Day ACH Expansion
AFP has responded to NACHA’s request for comment on expanding Same Day ACH. AFP supports the expansion overall, but made some recommendations for how it could best benefit corporate end-users.
AFP has responded to NACHA’s request for comment on expanding Same Day ACH. AFP supports the expansion overall, but made some recommendations for how it could best benefit corporate end-users.
01/26/2018
Business Risk: A Top Concern for Finance Professionals
Tom Hunt, CTP, Director of Treasury Service for AFP, discusses the results of the 2018 AFP Risk Survey, supported by Marsh & McLennan Companies’ Global Risk Center. Respondents to this year's survey were concerned with business risk.
Tom Hunt, CTP, Director of Treasury Service for AFP, discusses the results of the 2018 AFP Risk Survey, supported by Marsh & McLennan Companies’ Global Risk Center. Respondents to this year's survey were concerned with business risk.
01/26/2018
IFRS 9 Offers Treasurers New Hedging Opportunities
With the New Year comes the new accounting standard for financial instruments, IFRS 9, which replaces the IAS 39 regulations.
With the New Year comes the new accounting standard for financial instruments, IFRS 9, which replaces the IAS 39 regulations.
01/25/2018
CTP Body of Knowledge Committee: Volunteers Needed
AFP is seeking experts to participate on the CTP Body of Knowledge Committee. The Committee has a vital role in the editorial process of The Essentials of Treasury Management.
AFP is seeking experts to participate on the CTP Body of Knowledge Committee. The Committee has a vital role in the editorial process of The Essentials of Treasury Management.
01/25/2018
Setting Your Risk Appetite Amid High Volatility
Organizations must establish their risk appetite as they plan around volatility. All businesses incur a degree of risk, but how much they want to take on varies heavily.
Organizations must establish their risk appetite as they plan around volatility. All businesses incur a degree of risk, but how much they want to take on varies heavily.
01/24/2018
Survey: Few Finance Pros Are Fully Prepared for Tech Risk
The 2018 AFP Risk Survey, supported by Marsh & McLennan Companies’ Global Risk Center, found that few finance professionals are preparing for technology risk.
The 2018 AFP Risk Survey, supported by Marsh & McLennan Companies’ Global Risk Center, found that few finance professionals are preparing for technology risk.
01/23/2018
How to Help Non-Finance Audiences Understand Finance Information
Crafting any successful presentation requires understanding the audience, and for finance professionals, that includes how you present quantitative information to non-financial people.
Crafting any successful presentation requires understanding the audience, and for finance professionals, that includes how you present quantitative information to non-financial people.
01/22/2018
Choosing an Optimal TMS in the Changing Vendor Landscape
Before thinking about talking to vendors and analyzing the treasury management system (TMS) landscape to find the optimal solution, you should answer the question, “What am I trying to achieve?”
Before thinking about talking to vendors and analyzing the treasury management system (TMS) landscape to find the optimal solution, you should answer the question, “What am I trying to achieve?”
01/18/2018
Diversity is Good for the Bottom Line
Jenifer Herdin, CTP, Director of International Treasury for Viacom Inc., explains why assembling teams of diverse people is highly beneficial for companies.
Jenifer Herdin, CTP, Director of International Treasury for Viacom Inc., explains why assembling teams of diverse people is highly beneficial for companies.
01/17/2018
FinCEN Pushes FBAR Deadline Back Further
Corporate treasury professionals have received some more FBAR relief, as FinCEN has again extended the filing deadline.
Corporate treasury professionals have received some more FBAR relief, as FinCEN has again extended the filing deadline.
01/16/2018
How FP&A Can Lead a System Deployment
With the increased adoption of cloud technologies, more responsibility of technology selection is shifting from IT professionals to FP&A teams.
With the increased adoption of cloud technologies, more responsibility of technology selection is shifting from IT professionals to FP&A teams.
01/12/2018
Why Should Finance Be Buzzing About Artisanal Trends?
How can finance embrace customized, local, artisanal consumer desires with the need for efficiency and ruthless price competition?
How can finance embrace customized, local, artisanal consumer desires with the need for efficiency and ruthless price competition?
01/10/2018
Treasurers Ponder the Impact of Corporate Tax Reform
Will corporate tax reform cause corporates to substantially shake up their investment plans?
Will corporate tax reform cause corporates to substantially shake up their investment plans?
01/09/2018
Could Real Time Payments Dethrone the Almighty Check?
At long last, the United States has a real-time payments system. I really think—and hope—that this marks the beginning of a new era for payments in the United States. But if that’s truly going to happen, it will mean letting go of one constant in our payments system—the paper check.
At long last, the United States has a real-time payments system. I really think—and hope—that this marks the beginning of a new era for payments in the United States. But if that’s truly going to happen, it will mean letting go of one constant in our payments system—the paper check.
01/09/2018
Cash Conversion Cycles Are Sharply Shrinking. Here’s Why.
Corporations have become more efficient in managing working capital over the past few decades. This is likely due to treasury reducing inefficiencies.
Corporations have become more efficient in managing working capital over the past few decades. This is likely due to treasury reducing inefficiencies.
01/09/2018
Out With the Old: How Finance Professionals Can Wrap Up Big Projects
Wrapping up a big project requires more than just executing on a final deliverable.
Wrapping up a big project requires more than just executing on a final deliverable.
01/04/2018
Technology Can Bridge the Gap Between Finance Functions
Jean Furter, Vice President, Treasurer of Brocade Communications Systems, discusses how technology can bring treasury and FP&A closer together.
Jean Furter, Vice President, Treasurer of Brocade Communications Systems, discusses how technology can bring treasury and FP&A closer together.
01/02/2018
New Year's Resolutions for Finance in 2018 - One for Each Month
In the spirit of New Year’s resolutions, and tailored for the finance audience, my goals for 2018 of things to learn and do, one for each month.
In the spirit of New Year’s resolutions, and tailored for the finance audience, my goals for 2018 of things to learn and do, one for each month.
01/01/2018
Companies Can't Quit The Budget
Years of a criticism of budgeting doesn’t appear to have dented companies’ commitments to the budget process, a new AFP member survey has found.
Years of a criticism of budgeting doesn’t appear to have dented companies’ commitments to the budget process, a new AFP member survey has found.
12/22/2017
When Does Using Interim Treasury Resources Make Sense?
In today’s world of doing more with less, using interim treasury resources can be a way of continuing to operate and achieve change initiatives.
In today’s world of doing more with less, using interim treasury resources can be a way of continuing to operate and achieve change initiatives.
12/19/2017
Aligning Corporate Strategy Using Modified ZBB
Jeremiah Wise, Chief Financial Officer of the Indianapolis Museum of Art, discusses how his organization adopted a modified version of zero-based budgeting (ZBB) to accommodate multiple business units with vastly different outcome measures.
Jeremiah Wise, Chief Financial Officer of the Indianapolis Museum of Art, discusses how his organization adopted a modified version of zero-based budgeting (ZBB) to accommodate multiple business units with vastly different outcome measures.
12/14/2017
2017 Pinnacle Awards: Hyundai Capital America
Hyundai Capital America introduced a global USD issuance strategy, which won it a 2017 AFP Pinnacle Award. The Pinnacle Awards are sponsored by Wells Fargo & Company.
Hyundai Capital America introduced a global USD issuance strategy, which won it a 2017 AFP Pinnacle Award. The Pinnacle Awards are sponsored by Wells Fargo & Company.
12/13/2017
Planning in the Age of Volatility
A new guide, underwritten by Workiva, examines how FP&A can prepare for volatility, and react quickly when it occurs.
A new guide, underwritten by Workiva, examines how FP&A can prepare for volatility, and react quickly when it occurs.
12/12/2017
Adopting a Rolling Forecast Requires a Cultural Change
Nevine White, Executive in Residence for the Beyond Budgeting Roundtable North America, describes how implementing a rolling forecast requires a major cultural overhaul for most organizations.
Nevine White, Executive in Residence for the Beyond Budgeting Roundtable North America, describes how implementing a rolling forecast requires a major cultural overhaul for most organizations.
12/11/2017
Blockchain Will Kill the Invoice. Here’s Why.
It’s clear blockchain will have a significant influence on procurement and finance. The advantages of being able to streamline business processes, secure payments, and automate workloads shouldn’t be understated.
It’s clear blockchain will have a significant influence on procurement and finance. The advantages of being able to streamline business processes, secure payments, and automate workloads shouldn’t be understated.
12/08/2017
AFP Mindshift: Will Technology Replace Treasury?
Jean Furter, Vice President, Treasurer for Brocade Communications Systems, explains why some treasury jobs could be phased out in the near future, and what practitioners need to do to prepare.
Jean Furter, Vice President, Treasurer for Brocade Communications Systems, explains why some treasury jobs could be phased out in the near future, and what practitioners need to do to prepare.
12/07/2017
FP&A Survey: Is Your Budget Relevant?
Bryan Lapidus, a contributing consultant to AFP, discusses AFP's new FP&A Survey, which looks at whether budgets are still relevant.
Bryan Lapidus, a contributing consultant to AFP, discusses AFP's new FP&A Survey, which looks at whether budgets are still relevant.
12/06/2017
Cash Forecasting: Why Your People Make the Difference
Saumya Mohan, Americas Region Treasurer for Tesla, explains why good cash forecasting largely depends on the people you have in place, rather than the systems that you use.
Saumya Mohan, Americas Region Treasurer for Tesla, explains why good cash forecasting largely depends on the people you have in place, rather than the systems that you use.
12/05/2017
Surprise: Most Firms Still Do Traditional Budgeting
According to a new AFP Survey, nearly three quarters of FP&A professionals agree or strongly agree that the budget is a valuable tool.
According to a new AFP Survey, nearly three quarters of FP&A professionals agree or strongly agree that the budget is a valuable tool.
12/05/2017
NACHA Proposes Increasing Limit for Same Day ACH Payments
NACHA is requesting comment on a proposal to expand Same Day ACH. One change would be an increase of the per-transaction limit to $100,000.
NACHA is requesting comment on a proposal to expand Same Day ACH. One change would be an increase of the per-transaction limit to $100,000.
12/04/2017
