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.
A new guide, underwritten by Workiva, examines how FP&A can prepare for volatility, and react quickly when it occurs.
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.
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.
Tucked inside the new 2017 AFP FP&A Survey are four questions about the cost of capital (CoC). Like the survey itself, the questions strive to depart from the detail and calculation of CoC, and instead ask how CoC is being used on a daily basis by finance practitioners.
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.
Bryan Lapidus, a contributing consultant to AFP, discusses AFP's new FP&A Survey, which looks at whether budgets are still relevant.
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.
According to a new AFP Survey, nearly three quarters of FP&A professionals agree or strongly agree that the budget is a valuable tool.
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.
The new AFP Payments Guide, underwritten by MUFG Union Bank, aims to shed some light over the very complex nature of credit card payments.
Austin O’Brion co-founder of Token of Trust, offers treasury professionals tips on protecting customer data, as well as advice on keeping KYC information secure.
In FP&A, we focus on how to achieve the goals and create forecasts that show whether we are on track. Our colleagues in risk management start from the same goals, but look at what can prevent us from achieving them.
Don Tapscott, one of the world’s top experts on distributed ledger technology, discusses how blockchain could reshape treasury and finance in the very near future.
When senior leadership mandates that you reduce costs over a three-year period, what do you do? If you’re the finance department at Allianz Life, you implement robotic process automation (RPA).
FP&A professionals discuss the ways that they deliver bad news to senior leadership.
After the multitude of discussions I had with treasury professionals at AFP 2017 on payments, I walked away with three key takeaways.
Retail treasury professionals discussed handling cash during a retail industry roundtable at AFP 2017, sponsored by Fifth Third Bank.
A recently released AFP survey reveals a significant gap between how important finance professionals rate emerging technology, and what they’re prepared to do to embrace emerging technology.
RTP, The Clearing House’s real-time payments system, launched this week. BNY Mellon and U.S. Bank initiated the very first real-time payment on the system.
Finance often is involved in change management, both inside our own organizations and across functions. I have been thinking about the buy-in in the context of change management inspired by two recent events.
Finance professionals know that new technologies like artificial intelligence and blockchain will disrupt their function, yet they believe their organizations are not prepared for the coming changes.
How are FP&A professionals to know what they don’t know when the very atmosphere seems choked with unknown unknowns?
Bob Stark, Vice President of Strategy for Kyriba, discusses the ongoing threat of ransomware attacks.
One thing quickly became clear during an AFP 2017 session on cash forecasting—to be effective, you need to be able to rely on the people around you.
Caitlin Sinclair of Thomson Reuters weighs in on whether its should be banks or regulators who oversee a centralized know-your-customer (KYC) utility.
In a recent hearing, Rep. Keith Rothfus referenced a new letter by AFP in support of the Consumer Financial Choice and Capital Markets Protection Act (H.R. 2319).
Just getting by with spreadsheets is no longer an option for finance and treasury. The performance advantage gained by efficient analytics is just too large to be without impact.
A new faster payment system is scheduled to arrive in the United States by 2020—an aggressive timeframe that suggests corporate treasurers should start thinking sooner rather than later about the potential ramifications.
Bob Stark of Kyriba discusses the recent Equifax breach and provides tips for treasury professionals on how their departments can avoid a similar scenario.
The latest AFP Corporate Cash Indicators®, signaled that corporate treasury and finance executives are increasingly concerned about the global economy and are stockpiling cash reserves in response.
A new report reveals how AFP MindShift will help you begin to make sense of the technological chaos.
Of course there is a huge amount of data available, at various levels of aggregation. So at which level are you forecasting?
Would a centralized know-your-customer (KYC) repository create a treasure trove for cybercriminals?
Although treasury professionals are probably tired of hearing that passwords aren't sufficient to protect customer data, apparently businesses as a whole aren’t getting the message.
Treasury and finance professionals have heard a lot about blockchain in the past several years. But without interoperability, the technology will never truly break through.
AFP’s FP&A Maturity Model was designed to help organizations determine the level of maturity of their current FP&A capabilities, identify what best-in-class looks like, and what specific actions can improve your team. This month we are examining the data aspect of the Maturity Model.
Combating fraud is one of the biggest concerns for retailers—if not the top challenge.
The presence of several different know-your-customer (KYC) utilities may be impeding the creation of a central repository.
See the innovative solutions of this year's Pinnacle Award finalists. The Pinnacle Awards are sponsored by Wells Fargo.