In the latest edition of AFP Payments, we look at four key developments that will have great significance for treasury and finance professionals in 2016.
The Federal Reserve finally raised short-term interest rates for the first time since the financial crisis. CFOs believe this will be the first of several increases in the near term.
The outlook for U.S. economic growth in 2016 and 2017 softened in the second half of 2015. Further out, another recession appears likely.
Forecasts deal with the future, and in particular, the future expectations of people. So forecasting is not a mathematical process; it is a matter of humanities.
Financial planning and analysis groups are increasingly called on to help operations achieve better process efficiency and make better investment decisions.
The big currency story in 2016 will be one of yuan liberalization—and the very significant business risk it represents for global companies. But the yuan won’t be the only currency story.
AFP asked members of its Board of Directors about their biggest challenges and accomplishments in 2015. Board members were also asked about their focuses headed into the New Year.
The 2016 AFP Business Outlook Survey, underwritten by SWIFT, revealed slightly less than half of finance professionals anticipate U.S. business conditions will improve in 2016.
The payments landscape is changing by the day. Here are four key developments that will have great significance for treasury and finance professionals in the New Year.
Christopher Voss, CEO of Black Swan Ltd. and a former hostage negotiator for the FBI, provides negotiation tips for treasury and finance professionals.
So you’ve committed to taking the CTP exam and created a learning plan to get through the chapters of the AFP Treasury Learning System. Now what?
In today’s environment, some corporate treasurers see themselves as “co-CFOs.” But perhaps treasurers should think of rebranding themselves as “chief liquidity officers (CLOs)”.
SWIFT is targeting corporate treasurers with a new initiative to improve the speed, transparency and predictability of cross-border payments.
In the new Risk newsletter, we preview AFP’s new Treasury in Practice Guide on business email compromise (BEC) scams, the number one fraud threat for treasury and finance.
The ECB's decision to push deposit rates even further into negative territory is making short-term investment alternatives such as repurchase agreements more attractive.
Governments are introducing programs to address late payments and improve working capital, but results are mixed at best.
Financing receivables can be an arduous administrative exercise for corporates. Yet the days of such troubles may soon be at an end.
In the new Treasury in Practice Guide, AFP provides you with the tools you need to stop business email compromise (BEC) scams before they start.
There is often a perception that cash forecasting is solely a treasury task. However, in an environment such as Turkey, by only utilizing customer open items and their due dates, it can lead to inefficiencies in cash management between bank accounts.
Managing a company with volatile cash flows presents unique challenges. There are three key principles that treasury must consider.
Three corporate treasury executives provided financial professionals with some helpful tips on securing and negotiating credit facilities during a session at the 2015 AFP Annual Conference in Denver.
A consensus of bank economists believe the Federal Reserve will hike interest rates 25 basis points when the FOMC meets on December 16.
Banks are going to extremes over KYC regulations. Corporate treasury and finance professionals obviously want to comply, but are banks going too far?
Driver-based models express the mathematical relationship between key business drivers and financial performance. But how can companies create the right algorithms to capture that relationship?
One of the most successful ways to ensure your organization’s systems and procedures are safe from cybercrime is to have an outside organization test them. And one federal government agency will do just that—free of charge.
The role of financial planning and analysis (FP&A) professionals will only become more critical next year. That means FP&A will have to up the ante on forecasting, business partnership and talent.
In the latest issue of AFP’s FP&A Newsletter, we look at how the New York Attorney General’s decision on Peabody Energy may have implications for FP&A.
The best companies reward employees who share their mistakes, so that others don’t commit the same errors. You first need to make mistakes to learn from them.
When studying for the CTP Exam, it is crucial to create a plan of attack.
The Chinese renminbi has met the criteria to be included in the SDR basket. For corporate treasury and finance professionals, this news has major implications.
Cash visibility is an important focus for treasurers in any sector. But in retail, keeping track of your cash can be incredibly difficult when you’re relying on armored carrier services to move it from place to place.
Oil companies insist on keeping their dividends untouched, despite a mega drop in their earnings. With investors reeling, at least this way they get income from their holdings.
Multinational corporations are preparing a letter expressing their concerns about current swap regulations and the possibility—if unlikely—that their exemption from clearing may be eliminated.
A driver-based model is only as good as the relationship between the input and the outcome. More companies are adopting this approach in their forecasting and planning processes.
Today's treasurers are required to work across all areas of the business—in a sense, acting like an alternate chief financial officer.
Treasury and finance professionals for nonprofits have to work with stakeholders who are often far more active and diverse than corporate stakeholders.
After identifying the need to centralize treasury management to achieve greater efficiency in managing cash, Marsh & McLennan Companies implemented a global multicurrency notional cash pool.
Scotts Miracle-Gro's assistant treasurer offers some best practices for negotiating and complying with credit agreements.
According to Cyrus Vance, Jr., District Attorney for New York County, there needs to be more collaboration between the public and private sectors on cybersecurity, and not just on a national level.
With multiple bank accounts and treasury outposts, South African tech giant Altron knew it needed to change its treasury operating model.