Hyundai Capital America upgraded its cash and liquidity forecasting model to better understand its daily cash requirements, ranging from $50 million to $1.5 billion.
To do its job effectively, FP&A needs to delve into business transaction-level information to understand how changing business drivers affects financial performance and vice versa.
AFP wants you to share your expertise with treasury and finance professionals at AFP 2017 in San Diego. Apply now to lead an educational session.
Despite huge industry advancements, far too many treasury professionals are still struggling to meet the rapidly changing and growing demands of their day-to-day work.
Corporate sustainability and social responsibility are no longer just something that sound good. Rather, they’re now front and center in corporate strategy.
Leaving cash overseas may expose corporates to a high degree of FX volatility, whether they realize it or not.
During a session at the Blockchain for Wall Street conference in New York, experts debated the merit of smart contracts—computer protocols designed to execute contract terms.
BEC scams have been in play pretty regularly now for the past two years, and they’ve been well reported on. So why are people still falling for them?
There is no question that finance has a unique view of the organization, able to quantify and, if effective, qualify how contributing systems intersect and contribute to the body.
The new AFP whitepaper, produced in collaboration with Marsh & McLennan and Greenbiz, reveals key actions for both sustainability leaders and risk and finance leaders to help companies make progress.
FP&A is spending more of its time and effort trying to work closely with the business to find solutions, improve decision-making and drive better results.
During the Payments International conference in London, it became clear that better visibility into cash positions is high on treasury professionals’ priority lists.
At the Payments International conference in London, practitioners suggested that blockchain has the potential to help solve key treasury pain points.
During a session at Payments International, Liz Oakes of McKinsey & Co. echoed sentiments AFP has been hearing in its research—speed is increasingly important to corporate treasurers.
European treasurers have even less love for Know Your Customer regulations than their American peers.
Blockchain technology may be the next logical step for financial transactions, explained financial expert Chris Skinner.
Are strategic planning and long-range planning one and the same? Not at all, finance executives agree.
What concerns treasurers most in the coming year? Some challenges are old and some are new, Andrew Deichler reports.
Regardless of political leanings, the facts are that businesses are adopting clean, renewable energy, explains author Andrew Winston.
Volunteers at AFPAware Community Service Day, sponsored by BBVA Compass, assisted Second Harvest Food Bank of Central Florida and the Central Florida Women's Resource Center.
There’s a concept called risk-adjusted forecasting. It’s a way to stress-test the forecast for the major risks facing the company.
The final version of Regulation 385 is not as sweeping as the initial proposal, but treasurers and CFOs will face compliance challenges.
In the latest AFP Conversations podcast, Corrie Shanahan, CEO of the Beara Group, discusses the keys to being a great leader.
Renee Garin, CTP, FP&A, finance specialist for Talen Energy, discusses the AFP Emerging Leaders initiative, which allows corporate practitioners in the early stages of their careers to prepare for the challenges of tomorrow.
Everybody talks about treasury transformation and finance transformation. But what’s beyond transformation?
A recent uptick in M&A activity, could mean that zero based budgeting (ZBB) has its own moment in the spotlight.
Introducing AFP Collaborate: an online, global community where you and your treasury and finance peers can discuss your biggest challenges in a safe, private space.
Much of the conversation this year at the Chicago Payments Symposium centered on faster payments. This is not surprising, given the various faster payments initiatives that have popped up over the past couple years.
Managing cyberrisk is plagued by a fundamental challenge: how to characterize enterprise cyberrisk in a way that lends itself to management action.
U.S. businesses show no sign of deploying their cash any time soon, according to the latest AFP Corporate Cash Indicators® (AFP CCI).
At the FP&A Roundtable, sponsored by Peleton, participants admitted that getting support from the top is not always easy.
Kathryn Powers, Global Treasurer for World Vision International, discusses her organization's Pinnacle Award-winning solution. The Pinnacle Awards are sponsored by Wells Fargo & Company.
A treasury executive from one of the top high fashion houses in the world provided AFP Annual Conference attendees with a glimpse into how her organization implemented a treasury and risk management system.
Michael Velasco, CTP, Senior Manager, Treasury for Hyundai Capital America, discusses winning the 2016 Pinnacle Grand Prize, sponsored by Wells Fargo & Co.
Experts debated the concept of optimal capital structure at the 2016 AFP Annual Conference’s Executive Institute, sponsored by PNC.
Financial executives weighed in on some of the top security threats they are facing Monday morning at the 2016 AFP Annual Conference, such as the DDoS attack on Dyn.
What is the real value that FP&A adds to the enterprise? That was the overarching question facing participants of the FP&A Roundtable, sponsored by Peloton.
A key theme of the opening panel discussion at AFP 2016 was the threat posed by the evolution of technology.
Sunday at the AFP Annual Conference, faster payments dominated discussion at the Payments Roundtable, sponsored by Comdata.
Hyundai Capital America beat out stiff competition from global corporations to win the AFP 2016 Pinnacle Grand Prize, which recognizes excellence in treasury and finance. The Pinnacle Grand Prize, sponsored by Wells Fargo & Co., was presented Sunday at the Opening General Session of the AFP Annual Conference.