Patricia Hui, CTP, senior corporate treasury manager at Mentor Graphics Corp., provides a treasury perspective on why the Fed's faster payments initiative is needed in today’s environment.
Big data may be big news, but many financial planning and analysis (FP&A) groups are still trying to come to grips with small data. Can FP&A move beyond?
There are two strategies a treasury department can pursue when determining how to pay their bank fees—fee or balance compensation.
Last month saw 195 countries commit to a climate change deal that will reduce greenhouse gas emissions around the globe. But while the deal is historic, many of the world’s largest businesses haven’t waited to reduce their carbon footprints.
In the latest issue of the FP&A Newsletter, we take a look at the one thing that continues to stand in the way of pure data-driven decisions: human nature.
AFP is seeking new treasury and finance professionals to be part of its board of directors.
When you’re preparing for an exam, there’s always going to be that fear that the information provided to you on the test won’t be sufficient. Fortunately, when it comes to AFP’s CTP Exam, you don’t need to have such worries.
The introduction of virtual currencies and the underlying blockchain technology has challenged traditional payment systems in a very disruptive way. That’s prompted one so-called “legacy payment system” to respond.
The RMB's inclusion in the SDR basket should be a clear reminder to companies across the world that the RMB needs to be part of their business strategy.
Entering into a hedge is, in effect, a pricing decision; so, too, is the decision not to enter a hedge.
A recent study from AFP shows that financial planning and analysis (FP&A) professionals rank their role as strategic partners as their number one job responsibility.
AFP speaks with Peter Shen, CFA, assistant treasurer for medical therapeutic provider Gilead Sciences, whose company has grown significantly in recent years.
While companies aggressively guard the perimeter to minimize the risk of a large-scale cyberattack, employees can unwittingly open the front door to sophisticated cybercriminals that carry out their crimes utilizing social engineering tactics.
While more companies are trying to perfect the science of forecasting with techniques like driver-based modeling and technology, there’s one thing that stands in the way of making pure data-driven decisions: human nature.
This year, financial professionals were particularly concerned with Basel III, if the most read articles on AFP’s website are any indication.
You’ve committed to taking the CTP exam, put in the necessary time, worked on your weak spots, and the test day is almost upon you. What can you expect in the last few weeks prior to the exam?
An MBA is a traditional career route for finance jobseekers. There is, however, another alternative that will definitely help you stand out from the crowd.
At Verizon, ACH is a reliable play for collecting payments. But sometimes customers don't choose this option, and payment becomes less consistent and certain. This is when speed becomes critical.
According to exclusive interviews with economists from several global financial services institutions, Uncle Sam will lead the way next year.
With 2016 less than two weeks away, let's look back on 2015 and see what we learned about treasury operations and payments this year.
Treasury and finance professionals have to adapt to a rapidly changing environment. In a word, they need to transcend the everyday and look forward.
AFP spoke with some of the world’s leading economists about their projections for 2016. Results were mixed; while some economies and sectors are poised to pick up steam, others are in for a tough year.
Many practitioners report that their banks are urging them to review and potentially reopen credit facilities, even if they’re not due for some time, in order to lock in advantageous terms. While credit agreements are a perennial issue for treasurers, they are top-of-mind now.
One of the issues keeping treasury up at night is business email compromise (BEC), in which intruders masquerade as the CFO/CEO and create emails in the hope of persuading authorized signers to issue electronic payments on their behalf.
South Africa has become an attractive market for companies. Given how volatile the South African Rand (ZAR) can be, the impact on a company with ZAR exposure can be significant.
Facing greater market volatility and a fast-changing business environment, as well as constant push from senior management to improve the planning process, more FP&A teams are incorporating driver-based modeling (DBM) into their forecasting methodology.
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.