Explore a probabilistic approach to forecasting and the potential limitations of relying solely on precise forecasts in data-driven planning.
xP&A applies FP&A tools to any department for business planning and automated forecasting.
Intentional learners have a career advantage in the evolving professional world.
Finance professionals face the challenge of identifying the best technology solutions for their organizations amid constant innovation in the fintech industry.
Organizations must use metrics effectively to drive business decisions and manage the abundance of available data.
Artificial intelligence (AI) is explored, clarifying its different technologies and their role in gaining insights and performing tasks based on data.
Explore the challenges and prospects for immediate payments, particularly in The Clearing House's RTP Network, as it faces competition and hurdles.
Marcell Wiradinata, CTP, shares the impact of earning the Certified Treasury Professional (CTP) designation on his career.
AFP launches the FP&A Indicator survey to gauge the pulse of the business community from the perspective of FP&A professionals.
The APAC FP&A Advisory Council (FPAAC) facilitates discussions on best practices, challenges, and innovation in the Asia-Pacific region.
Discover the critical dates and implications of the Financial Conduct Authority's announcement on the cessation of Libor submissions and availability of representative Libor rates.
Finance is a constantly changing, unpredictable environment. It’s crucial that financial planning and analysis (FP&A) professionals stay on top of the latest trends in the industry, and one way to ensure they perform at their peak is to gather fresh and innovative ideas.
While remote collaboration and digital learning can be successful in the COVID-19 era, it can also be challenging to understand tone, body language and other non-verbal cues that provide meaningful context to communication. Even before the pandemic, virtual communication was prevalent with emails and conference calls.
All organizations have some amount of resilience, the ability to mobilize resources to absorb negative impacts. Forward-thinking organizations will plan their resilience in advance, perhaps even making investments in “contingent capabilities,” responses that activate only in specific circumstances to carry the organization through the risk impact and back to normal performance.
As cybercrime has increased in volume and intensity, many organizations have come to rely on cybersecurity scorecards to help evaluate the security preparedness of both themselves and the third-party firms they have relations with. Obviously, that includes banks and financial institutions.
Spreading its coverage, the RTP network — the real-time payment system from The Clearing House (TCH) — now reaches 57% of U.S. demand-deposit accounts (DDAs), including those at regional and community banks, at a time when immediate payments have become increasingly important.
John Sanchez, communication consultant with The FPA Group, shares insights on effective communication in finance.
The Association for Financial Professionals’ (AFP) director of Treasury and Payments Services, Tom Hunt, recently participated in the Financial Stability Board’s (FSB) Virtual Roundtable on Libor Transition and Benchmark Reforms. In attendance were 58 finance executives representing approximately 15 countries and the European Union. The president of the FSB, John Williams, CEO of the NY Fed, and Andrew Bailey, governor, Bank of England, ran the roundtable. The AFP was the largest U.S. treasury association in attendance.
Scenario planning addresses the key question: What do we do? It enables you to respond to changes that cause your existing plans and forecast to be radically revised in order to deal with a new and different operating environment requiring rapid response. Examples of this could include events that radically change the demand for services, such as the COVID-19 pandemic, or the emergence of new business models that create disruption such as Airbnb, Lyft, or Uber.
The APAC FP&A Advisory Council (FPAAC) meets regularly to discuss best practices and innovative initiatives in the Asia-Pacific region. Keyur Shah, senior finance director at Johnson & Johnson, shares his insights.
New skills in data management, analytics, and automation added to treasury professionals' must-have list.
In its ongoing effort to facilitate the transition to a new benchmark for floating-rate financial transactions, the Alternative Reference Rates committee (ARRC) recently recommended a method for using the secured overnight funding rate (SOFR) for intercompany loans. Treasury executives should discuss the language and how to address the issue most effectively with colleagues across their companies’ finance departments, if they haven’t already.
NACHA proposes major limit increases over the next three years to enable corporates to expedite a wide range of debits and credits. Discover what could drive companies to transition to electronic payments.
Discover strategies to ensure competitive fees and reduce costs by asking banks for information and exploring ways to lower fees. Experts provide advice on managing fees effectively.
The implications of the proposed extension of Libor support, the transition to replacement reference rates, and the challenges faced by corporates in the transition process.
FP&A embraces multiple perspectives, rapid reforecasting, long-term strategy, and scenario planning in a changing world.
The AFP FinNext Virtual Conference Planning Task Force identifies three core themes that highlight the importance of holding multiple perspectives in finance.
As of January 25, the acronym FPAC will officially be used to denote the Association for Financial Professional’s Corporate Financial Planning and Analysis Professional credential.
We are pleased to announce the members of AFP’s 2021 Financial Planning and Analysis (FP&A) Advisory Council. These members represent a broad cross section of industries, size, and ownership structure, and are selected based on their contributions to the FP&A practice, expertise in specific areas, and desire to contribute to the advancement of their peers.
Explore the best practices for financial modeling, including model governance, risk management, and leveraging current research and trends.
Writing about career prospects for 2020 seems out of place at a time when professionals are worried about their jobs as much as companies are distressed about staying in business. But as history has shown us – there is a cycle to everything – and this period of relentless challenges will eventually come to an end, and professionals and businesses will begin anew.
FP&A professionals play a crucial role in helping companies navigate the uncertainties caused by the COVID-19 pandemic.
With the ISO 20022 standard now seeing widespread adoption, financial messaging has never been more relevant in cross-border transactions.
AFP is proud to introduce the new Chairman and Vice Chairmen of its Board of Directors, as well as some new members.
During the AFP 2020 Insurance Industry Roundtable, sponsored by Fifth Third Bank, treasury professionals discussed their response plans to the COVID-19 pandemic.
Mat McBride from Microsoft discusses challenges faced by CFOs, CPOs, and financial decision makers, as well as concerns of customers and investors. Learn about building resiliency.
The AFP Treasury in Practice Guide examines Ameribor as an alternative to SOFR in the United States.
Rob Trippe, M&A, corporate finance advisor and analyst for Corporate Finance Consulting & Advisory, discusses the role that models play and the challenges that they present to FP&A departments.
Learn about the changes in finance throughout Peggy Ang's career as she discusses the evolving role of finance and her experiences as FP&A Leader for APAC at National Instruments.
Access AFP's Payments Guide, providing an in-depth examination of the G20 and Financial Stability Board's plan to strengthen and modernize the cross-border payments infrastructure.