Treasurers and CFOs will feel increasing pressure to adopt AI technologies, such as machine learning and big data analytics, to facilitate financial forecasts. Why isn’t this something that everyone is doing?
During the latest meeting of AFP’s Treasury Advisory Group (TAG), treasury professionals voiced their dissatisfaction with banks’ know-you-customer (KYC) rule process.
How can finance executives navigate digital transformation? Here are five lessons about navigating digital transformation from ABM chief executive officer Scott Salmirs on AFP Conversations: Leadership Series podcast.
Innovation is critical for organizations because it establishes a foundation for long-term survival. How can finance measure innovation? Simple—inspect what you expect.
PSD2 has a lot to offer corporate treasury professionals, particularly when it comes to payments. Unfortunately, it hasn’t received a whole lot of attention in the United States—but that soon may change. And it needs to.
In a recent survey, CFOs named the function of FP&A a top priority to transform and get more value from. That’s no surprise, because FP&A has been on the rise, driven by CFOs to become more strategic and a value-creating partner to the CEO.
The Loan Syndications and Trading Association (LSTA) offered pieces of advice on the transition away from the London Interbank Offered Rate (LIBOR).
SWIFT will open its know-your-customer (KYC) repository to corporates later this year. But unless it has strong standards, it is unlikely that this platform will ease corporates’ frustrations with this process.
Improving cross-border payments is a priority for many treasurers. Here are six questions to ask to help you improve your cross-border payments.
FP&A is growing more attractive to accountants. So how can you switch from accounting to FP&A?
Statistical tools are gaining in importance as the volume, variety, and velocity of data increases. Here is how to create an autoregressive integrated moving average (ARIMA) model.
The Libor transition continues, with replacements starting to address cash products. These risk-free rates, or RFRs, offer benefits and challenges.
The impact of blockchain is only beginning to be felt throughout organizations. How will blockchain impact the future of treasury? Andy Fately shares his thoughts.
Corporate tax reform was a major victory for treasury and finance in 2018. Even so, more guidance was needed to help practitioners apply the changes. Now, the IRS has issued new regulations clarifying corporate tax reform.
It’s not easy to build a high-performing FP&A team that operates on a global scale. Here’s what FP&A can do to structure an effective analytical team that operates internationally.
To better understand how one Asia Pacific finance leader handles today's challenges, AFP spoke to Stephen Hogan, Vice President Regional Treasury Asia Pacific at Deutsche Post DHL.
Bryan Lapidus, FP&A, Director, FP&A Practice for AFP, discusses how the FinNext 2019 will explore the next generation of tools that finance professionals can be using, including predictive analytics and artificial intelligence (AI).
Financial professionals anticipate deploying cash in the first quarter of 2019 in the form of capital expenditures, share buybacks, dividends and debt payments, according to the AFP Corporate Cash Indicators®.
Why is it so hard to collaborate in today’s workplace? Reb Rebele explains why FP&A workers can’t get their work done.
The new AFP Payments Guide, underwritten by MUFG Union Bank, explores why APIs can and will be so useful for corporate treasury professionals.
Bryan Lapidus, FP&A, Director, FP&A Practice for AFP, discusses AFP's Personal Digital Readiness Survey.
Though the 2018 AFP Liquidity Survey projected about $3 trillion returning to the United States, only about $500 billion has come back so far.
Recently, on AFP Collaborate, one of AFP’s members asked some questions on the ISDA Master Agreement. Ann Battle of ISDA took the time to share her thoughts.
Four factors matter most for connectivity: security, automation, cost and reliability. Treasury departments need to consider all of these as early on as possible.
Bryan Lapidus, FP&A, Director, FP&A Practice for AFP, discusses AFP's Personal Digital Readiness Survey. Survey respondents who identified themselves as digital leaders identified four distinct patterns of behavior.
Statistical tools are gaining in importance as the volume, variety, and velocity of data increases. Here are two foundational concepts in statistics with direct application to FP&A: Fitting the curve and MAPE.
How can you improve your data analysis skills? It’s a critical question because data is so crucial to the success of your organization. Here are three steps you can take to improve your data analysis skills.
The future of FP&A promises more uncertainty and change. Here are nine predictions for 2019 made by FP&A professionals.
This has been an eventful year in FP&A. Here are the top nine lessons FP&A professionals learned in 2018.
Bryan Lapidus, FP&A, Director, FP&A Practice for AFP, discusses the new FP&A Guide on Leveraging Business Statistics, underwritten by Workiva.
The Hong Kong Monetary Authority has launched its Faster Payments System. The goal is to achieve real-time payments in Hong Kong. So far, there are three clear benefits to treasury and payments professionals.
The selection process for a regional treasury center (RTC) location is incredibly important. Organizations should pick an area that is geographically close to a region where they have operations, but that is far from the only factor in the decision.
This past summer, more than 900 finance and treasury professionals took part in the 2018 AFP survey, “Your Personal Digital Readiness.” The survey revealed a concern among practitioners that they could become obsolete.
Bryan Lapidus, FP&A, Director, FP&A Practice for AFP, and Avi Singh, Founder and CEO of LearnPowerBI.com, preview the new FP&A Guide on Leveraging Business Statistics, underwritten by Workiva.
AFP’s latest Financial Planning and Analysis (FP&A) Guide, underwritten by Workiva, focuses on the power of statistics.
The Federal Reserve has announced the formation of the U.S. Faster Payments Council (FPC), a multi-industry group brought together to accelerate the adoption of faster payments in the United States.
The latest Treasury in Practice Guide, underwritten by Kyriba, examines best practices in treasury connectivity.
Accurate sales forecasting is hard. Here are four steps BMC Software took to improve its sales force accuracy.
Next week, we will report on the results of the corporate finance survey, “Your Personal Digital Readiness.” At AFP 2018, we previewed the results and asked a roundtable group for their feedback. The group came up with three ways to improve their team’s readiness, and one surprising way not to do it.
FP&A professionals pride themselves on presenting information in a clear and concise manner. SO what’s wrong with this picture?