In the latest Risk newsletter, we review the results of an on-site survey taken at the 2015 AFP Annual Conference. According the survey, risk and cybersecurity top treasury and finance professionals’ list of concerns.
It’s never too early—or too late—to educate people about safer online behavior. The world is more interconnected today than ever before, and with more connectivity comes more responsibility. Government, private industry, educators, law enforcement and you are needed to make the internet safer and more secure.
In the not-too-distant future, finance departments will be comprised primarily of non-finance staff.
With FP&A handling more and richer data, the onus is on practitioners to pick and choose the right information and present it in the right way to senior management.
Business email compromise (BEC) scams have become the top fraud threat to treasury and finance professionals. In a series of interviews for an upcoming AFP Treasury in Practice Guide, security experts provided insights on how corporate practitioners can stop BEC scams before they start.
One important and well-used product in Shell’s cash investment suite has been tri-party repo.
When financial professionals put spreadsheets or tables of numbers on slides in their presentations, they have instantly put themselves at a disadvantage when it comes to communicating effectively to most audiences.
In the latest FP&A newsletter, we look back at some of the best moments of the financial planning analysis (FP&A) track at the 2015 AFP Annual Conference.
Is bitcoin back? With its value climbing and continued interest in the blockchain, the controversial virtual currency once again appears to be the talk of the payments world—and corporate treasurers are taking notice.
With the prospects of higher interest rates and Basel III regulations around the corner, more banks are encouraging their corporate clients to renegotiate their credit facilities.
Saif Ashraf, treasury manager at Google, discusses why treasury should provide risk management support, what treasurers should be most concerned about in the future and what will affect the investments.
At beer giant Molson Coors, the biggest challenge the financial planning and analysis team faces is understanding how information can be used to influence change, noted Christine Watkins, vice president of FP&A.
A new corporate tax initiative by the world’s leading economies will significantly impact multinational corporations, likely forcing their treasury departments to re-think their firm’s finance structure in the process.
According to a new report, a powerful strain of ransomware called CryptoWall has wreaked more than $325 million in damages on “hundreds of thousands” of victims all over the world.
The new proposed budget includes further increases to PBGC premiums. PBGC flat rate premiums, already set to rise to $64 per participant by 2016, will jump to $78 in 2019.
The role of the chief information security officer (CISO) is to assess and manage security risk. That makes it important that the CISO and the CFO work well together.
Many large corporations have realized significant value setting aside strategic cash to make it available as working capital to their suppliers in return for a small discount on approved invoices.
This month's edition of Futures in Finance provides some clues as to how you can become a high-performance treasurer.
FP&A professionals must possess the interpersonal skills to communicate effectively with nonfinancial peers and speak their language.
Negative benchmark rates in Europe, combined with the impact of 30-day liquidity coverage ratio rules for banks under Basel III and changes to money market fund (MMF) regulations, have created a trifecta of challenges to traditional cash and liquidity management.
Sassan Parandeh, CTP, Global Treasurer for ChildFund International, discusses the struggle treasurers are facing as they attempt to comply with their banks' know your customer (KYC) requirements.
Over 70 percent of finance executives say financial planning and analysis (FP&A) positions are the hardest to fill. What makes this such a difficult time to find FP&A professionals?
China's growth will have negative repercussions on American companies. Treasury and finance professionals with American firms need to plan for this now, according to geopolitical risk expert Ian Bremmer.
More and more, companies are relying on driver-based models to improve their planning and forecasting processes and provide management with better decision-making intelligence.
Rapid Ratings works with dozens of Fortune 500 companies to manage supply chain risk and credit risk of customers. In this exclusive interview, Rapid Ratings President and CEO James Gellert provides his thoughts on topline risk.
American businesses remained cautious deploying cash in third quarter 2015, but aren’t building their holdings as much as they indicated they would last quarter, according to the latest AFP Corporate Cash Indicators®, underwritten by Capital One Bank.
In a presentation at the 2015 AFP Annual Conference, experts provided a look at how companies can build a best-in-class budgeting and forecasting process—FP&A’s bread and butter.
Three topics dominated the conversation at the FP&A Roundtable, sponsored by Peloton: Talent management, finance transformation and data analytics.
At the CTC Executive Institute, Tom Reagan, national cyber practice leader, Marsh, provided treasury and finance executives with some guidance on cyber insurance coverage.
At the AFP Annual Conference in Denver, panelists and attendees discussed how to make eBAM a reality.
During an industry roundtable for colleges and universities, treasury and finance professionals discussed the difficulties they are currently facing surrounding compliance with their banks. Fifth Third Bank sponsored the industry roundtables at the 2015 AFP Annual Conference.
Cybersecurity and risk dominate the agenda for treasury and financial professionals, according to a survey performed at the AFP Annual Conference.
FP&A today is increasingly called upon to work closely with business partners to improve the forecasting and planning process and become a more strategic partner to senior management.
A key concern for corporate treasurers about NACHA’s same-day ACH initiative was addressed at the 2015 AFP Annual Conference. While corporates are not obligated to initiate same day ACH transactions, they will be obligated to accept them.
President George W. Bush opened the 2015 AFP Annual Conference in Denver Sunday afternoon with a discussion on the most important issues of today.
Treasurers only see a real need for faster payments if they pertain to high-value transactions. This was the view from Sunday’s Payments Roundtable, sponsored by Vizant, at the 2015 AFP Annual Conference.
AFP Annual Conference attendees gave back to Denver Sunday with AFPAware Community Service Day. For the sixth straight year, BBVA Compass sponsored the event. This year, AFP members assisted two dynamic organizations: Colorado Feeding Kids and Operation Gratitude.
Hilton Worldwide outscored stiff competition from global corporations to win AFP’s 2015 Pinnacle Grand Prize, which recognizes excellence in treasury and finance. Sponsored by Wells Fargo & Co., the Pinnacle Grand Prize was awarded Sunday at the Opening General Session of the AFP Annual Conference.
AFP Annual Conference may be the only time of the year when attendees can get away from the daily grind and really think about what they do—with like-minded individuals.
Dow Corning, Hilton Worldwide and Covidien will receive their Pinnacle Awards this afternoon at the Opening General Session of the 2015 AFP Annual Conference. Sponsored by Wells Fargo & Company, the Pinnacle Awards recognize excellence in treasury and finance each year since 1997.