Is finance ready for big data? While the majority of FP&A departments have yet to adopt big-data projects, many are considering what strategy to put in place.
AFP recently spoke with three members of its 2016 AFP Annual Conference Planning Task Force on why they got involved. They also discussed some of the proposals they encountered while determining the program for the upcoming event.
Liz Garner, vice president of the Merchant Advisory Group, explains why retailers have seen a steady increase in chargebacks since the October 2015 EMV liability shift.
Mobile payments giant Square is both young and fast-growing, which has an impact on its treasury infrastructure and leadership approach. Just ask Tim Murphy, treasurer for the payments processor.
Resource-starved treasury groups are leveraging their knowledge and ingenuity to get more out of their treasury management systems, according to a new AFP survey.
As every senior finance executive will admit, the millennial generation presents some tough management challenges. This article focuses on those challenges and how to overcome them.
AFP spoke with Kristy Murray, environmental and social risk officer for PNC’s Corporate & Institutional Bank, about her role and the paradigm shift both banks and corporations are going through right now in terms of addressing environmental concerns and social responsibility.
Blockchain continued to dominate discussion on the third day of the Money20/20 Europe conference. As for bitcoin? Forget everything you’ve heard about it and other cryptocurrencies, one expert said.
Dana Laidhold, Treasurer and Principal for The Carlyle Group, explains how treasury professionals can ease the burden of know-your-customer (KYC) rules by working closer with their banking partners.
If the phone call inquiring about your company’s environmental, social and governance (ESG) criteria has yet to arrive, it likely will soon.
When it comes to cross-border payments, faster may not be better.
There are plenty of real-time payments initiatives under development around the world, but all of them seem to forget one thing: corporate end-users.
Startups are likely to pass banks by and lead the way on innovation in Asia—and that could be good news for corporate treasurers.
Laurie Coe of The Energy Project discusses her upcoming CTC Corporate Treasurers Forum keynote session on how treasury and finance executives can get the most out of their employees.
According to the Beyond Budgeting Round Table (BBRT), abandoning a traditional budget yields a number of key benefits.
In the latest AFP Annual Conference blog post, meet one of the organizers: Fred Schacknies, Vice President and Assistant Treasurer of Hilton Worldwide, Inc.
Biometrics took center stage during a discussion on balancing customer experience with mitigating fraud and cybercrime Tuesday morning at Money20/20 Europe. While there are clear advantages to corporates adopting this innovative technology, no solution is perfect.
Chargeback or “friendly” fraud, which involves a customer making an online purchase from a retailer and then requesting a refund from the bank, has become a major problem for merchants in Europe.
Treasury and finance executives with years of experience may think they’re too old for a mentor—especially a younger, more junior colleague. Here’s why that attitude is wrong.
Faced with a check-heavy claims payment process, Allstate implemented a service that routes payments to customer bank accounts using mobile phone numbers and email addresses as identifiers.
Financial planning and analysis (FP&A) professionals only have only a few more weeks to participate in the 2016 AFP FP&A Benchmarking Survey, conducted in partnership with IBM.
Blockchain dominated discussion on the first day of the Money20/20 Europe conference, with one panel discussing the difficulty governments are having coming up with regulations for the digital ledger technology.
While real-time systems have been put in place in multiple nations like the UK, there are still questions about how and when such a system might be implemented in the United States.
Magnus Carlsson, AFP's manager of treasury and payments, discusses the findings of the 2016 AFP Payments Fraud and Control Survey, underwritten by J.P. Morgan.
With oil prices plummeting in the last 18 months, AFP turned to one champion of Beyond Budgeting, Norway-based energy company Statoil, to see how the methodology served it as its market environment turned south.
Drew Wolff, treasurer for Starbucks, discusses his upcoming CTC Corporate Treasurers Forum session on why natural-resource risk management is becoming more important to investors and customers.
If you interview in corporate finance, expect some companies to present their questions in the form of business cases or word problems. Whatever your answer, explain the rationale behind your thinking. Employers are just as interested in your ability to grasp business strategy as they are in your ability to crunch numbers.
Big data, predictive analytics and data visualization are immensely powerful tools for understanding a complex world and making better decisions. But they’re useless if your audience can’t make sense of the information they provide.
AFP recently spoke with Tom Gallo, treasurer for ABM Industries, on how his treasury department works alongside financial planning and analysis (FP&A). Recent changes at the facility management provider has resulted in closer collaboration between both functions.
The 2016 AFP Payments Fraud and Control Survey, underwritten by J.P. Morgan, found that 73 percent of all U.S. companies experienced payments fraud last year.
Once a multibillion-dollar organization comprised of multiple businesses, ITT is now a lean and highly profitable corporation with annual revenues over $2 billion. FP&A played a big role in that transition.
Corporate-bank relationships are built on trust, and a data breach is perhaps the fastest way to damage that trust. It’s up to treasurers and CFOs to make sure their banks are keeping their information secure.
Business acumen is the ability to look at a situation as a business manager or an entrepreneur would and provide solutions. It helps the business respond as well as transform.
A look at the latest Treasury in Practice Guide, Business Continuity Planning: Why Treasury Needs a Plan B, underwritten by Kyriba.
The latest edition of Futures in Finance looks at why finance executives should spend a little less time on the ‘A’ and ‘C’ players and focus on the ‘B’ players.
Forecast analysis is a frequently overlooked feature of the sales and operations planning process, where the generic approach is to validate the variance of the current forecast against the previous forecast or the budgeted figure.
Adjusting your business forecast as you go calls for more than just historical records—you need real-time data from internal records and, increasingly, from external feeds.
Want to know the cheapest, fastest, and most effective way to study for and pass the CTP exam on the first attempt?
Whatever the nature of your forecast, there are a few principles that, if applied in the beginning of your forecasting exercise, will give you a step ahead of the complexity.
AFP’s new Treasury in Practice Guide, underwritten by Kyriba, looks at how treasury departments can continue to operate when disaster strikes.