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.
Hilton Worldwide outscored stiff competition to win AFP’s 2015 Pinnacle Grand Prize. The hospitality giant’s treasury team transformed a static view of multiple business units and regional forecasts into an agile, simplified liquidity forecast.
If you are seeking a new treasury or finance position, instead of conducting a job search from the perspective of a seller, approach the problem from the perspective of the buyer—i.e., the hiring authority.
The latest issue of AFP Payments provides insights on how to stop business email compromise (BEC) scams before they start.
Nearly 80 percent of companies say they’re either practicing or planning to implement a driver-based modeling approach as part of their forecasting and planning process.
Ferdinand Jahnel, CTP, vice president, treasurer for Marsh & McLennan Companies Inc., and a member of AFP’s Board of Directors, discusses his new treasury position and the current challenges he’s facing.
The current climate of uncertainty about the future course of economies and markets is adding to the difficulties confronting corporate treasuries.
Michel Bekkers, Senior Vice President, Group Treasurer of adidas AG, discusses the biggest risks to business modeling entering a new country and why treasury is best to connect strategy and risk.
The Federal Reserve’s initiative to speed up the U.S. payments system has been a hot topic all year long. But if corporate treasurers truly want their concerns to be heard, then they need to join the conversation.
The new CTC Guide focuses on techniques that can improve the use of liquidity across a multinational organization. It examines the core liquidity management techniques of netting and pooling and identifies how to determine their appropriate use.
The New York State Attorney General's decision that Peabody Energy should have given its investors better forecasting data on how climate change would affect its sales may have implications for FP&A.
Multinational corporations and their treasury and finance staff cannot afford to ignore the risks that ISIS presents, experts warn.
At the SAP Conference for Financial Planning, Consolidation and Control, I co-led a four-hour workshop on best practices in financial planning and analysis. Not surprisingly, the topic that drew the longest and most vibrant conversation was talent management.
AFP is relaunching its CTP Exam Prep Blog to help treasury professionals prepare to take this challenging exam. Aspiring Certified Treasury Professionals will find posts by practitioners who have recently earned the CTP, as well as candidates currently studying for the exam, academics who regularly teach CTP courses, and others.
Financial executives expect greater risk and volatility in the next three years. This quick-shifting environment is not getting any better, which affects all aspects of forecasting, budgeting and planning.