Republican Presidential candidate Jeb Bush released his tax plan today—and there’s plenty for businesses to ponder.
Senior FP&A leaders gathered for the inaugural meeting of the Singapore AFP FP&A Club. The discussion focused on key challenges FP&A professionals are facing—particularly talent management and forecasting.
Some treasury professionals earn the CTP because they like a challenge. For Kendall Frederick, CTP, FP&A, senior manager, finance integration for Hanesbrands, earning the CTP was a condition of his first job in treasury.
Financial professionals have become familiar with black swan events in recent years. They come out of nowhere and have the potential to wipe out everything you’ve achieved. If anyone knows about overcoming devastating incidents, it’s 2015 AFP Annual Conference speaker W Mitchell.
In the latest video from AFP's In-Depth series, Martin Schlageter, head of treasury operations at Roche Switzerland, discusses why it was so important for his organization to develop a global supplier financing program.
The 2015 CTC Executive Institute, exclusively sponsored by PNC, boasts an impressive lineup of thought leaders, lawmakers and treasury and finance executives, led by Cyrus Vance, Jr., District Attorney for New York County.
A large retailer wanted to move its suppliers from check to electronic payments. It recouped the cost of the conversion process in under three months and realized a 761 percent return on investment.
A driver-based rolling forecast allows companies to really figure out what moves the needle, then make sure that there’s a connection between that and the forecast. That’s what Euroclear has attempted to put in place.
CA Technologies, which creates software that fuels transformation for businesses, took on a transformation of its own when it adopted a cloud-based, world-class treasury solution.
At the heart of sound business decision-making is a strong FP&A function. Here are five reasons why a strong FP&A bench is a must for any organization focusing on economic growth.
This month, the FP&A newsletter turns its focus on AFP's new FP&A Advisory Council. Practitioners who are interested in making an impact global financial planning and analysis profession should reach out to AFP.
The keys to creating high-performing teams have less to do with IQ smarts and competence/skills, and more to do with the ways in which individuals trust, engage, communicate and execute together.
Recent volatility in the markets is a reminder just how important it is to keep forecasting agile and look beyond the fiscal year. It is imperative that FP&A groups adopt a more dynamic approach to their forecasting methodology.
The devaluation of the renminbi (RMB) thus far is unlikely to cause much grief for treasurers directly—but it may prompt treasurers to reconsider their companies’ longer term plans.
As currency exchange controls have been weakened in many countries, treasurers are looking to centralize cash management. The latest CTC Guide, by WWCP Limited, highlights the structures available today.
Choosing between a SWIFT service bureau and Alliance Lite2 is a major decision for treasury departments today. When Oxbow Carbon LLC selected its service bureau, AL2 didn’t exist. But the company is unlikely to ever jump ship.
Growing your business in a time of capital constraint is challenging, but possible. It requires you to operate with excellence, tell your story, know your capital needs, and be open-minded and flexible.
Companies have lost more than $1.2 billion due to business email compromise (BEC) scams in the past two years. The costly scam has become the top fraud threat for treasury and finance professionals.
The financial planning and analysis (FP&A) role is quickly evolving. According to many experts, there are 10 critical skills FP&A professionals must possess.
European treasurers have much to gain from renminbi internationalization—if they can cope with a volatile currency.
The latest edition of Futures in Finance looks at why both CFOs and FP&A professionals are having trouble finding finance talent. For entry-level positions, it is difficult to find people who can hit the ground running. And once you do, it’s difficult to retain them.
AFP is creating a worldwide FP&A Advisory Council, to help FP&A professionals identify areas of interest, study topics that require additional research, and explore opportunities for cutting-edge technologies, philosophies and ideas.
Initial international expansion is a significant step in the evolution of any business. But going global is not a process without potential pitfalls for treasury.
That many stakeholders in the global financial markets anticipate a return to the pre-global financial crisis yield environment is understandable. But a few perspectives should be considered thoroughly.
U.S. dollar strengthening has emphasized the importance of a robust FX strategy for organizations with international operations. Non-governmental organizations (NGOs) face an additional layer of complexity.
Only 64 percent of SMEs use hedging to mitigate their FX exposures. With many of these companies planning to increase their overseas presence, a greater use of hedging tools is to be expected.
Many CFOs are basing their strategies for growth on innovation and agility. So how can FP&A help drive better results?
Dow Corning, Hilton Worldwide and Covidien are the three finalists for the 2015 AFP Pinnacle Award. Sponsored by Wells Fargo & Company, the Pinnacle Awards recognize excellence in treasury and finance each year since 1997.
The planning, budgeting and forecasting (PBF) process is a finance department function that is time consuming, often misunderstood, and generally disliked. So, why is it needed and what is it supposed to accomplish? The answer varies depending on who you are talking to and to what aspect of PBF you are referring to.
Speaking at the AFP FP&A Leadership Summit, underwritten by Tidemark, Gerhard Lohmann, CFO, reinsurance for Swiss Re, provided attendees with the five steps to managing the value of the company.
U.S.-based product manufacturers incur annual warranty management-related expenditures, as a percentage of profit before tax. The warranty accrual incremental budgeting process faces challenges when new products are introduced.
In the latest video from AFP's In-Depth series, Nicole Meyer, founder and managing partner of the Meyer Partnership, discusses the difference between building a resume and writing a resume.
Traditionally, corporate treasury has focused on capital markets, cash management and aspects of risk management. Today, treasurers are increasingly expanding their focus to include capital deployment.
Scott Lambert, treasury senior director for global health service organization Cigna, provided AFP with a glimpse into how implementing SWIFT is helping his organization handle international payments and centralize treasury operations.
The latest edition AFP Payments looks at what collusion charges could mean for the controversial $5.7 billion settlement between Visa, MasterCard and retailers over interchange.
Cybersecurity is already a top priority for corporate treasury and finance professionals, and it’s about to become even more important. The SEC may soon begin imposing penalties on companies who fail to disclose security breach information to shareholders.
NACHA may soon require originating depository financial institutions (ODFIs) to register their third-party senders.
According to a recent survey, nearly 60 percent of companies plan on making investments in their business this year. But where is that cash going? One key area is new technology.
Uncertainty is becoming the norm, and companies are struggling to be nimble. How can FP&A professionals help their companies navigate these uncertain times?
EMEA mid-market businesses tend to inhabit weaker business positions than their larger peers. But some of these companies boast strong niche positions in specific sectors, which allow them, when combined with a conservative financial policy, to reach investment-grade-equivalent credit quality.