Articles
ARRC Issues SOFR Recommendations for Intercompany Loans
In its ongoing effort to facilitate the transition to a new benchmark for floating-rate financial transactions, the Alternative Reference Rates committee (ARRC) recently recommended a method for using the secured overnight funding rate (SOFR) for intercompany loans. Treasury executives should discuss the language and how to address the issue most effectively with colleagues across their companies’ finance departments, if they haven’t already.
In its ongoing effort to facilitate the transition to a new benchmark for floating-rate financial transactions, the Alternative Reference Rates committee (ARRC) recently recommended a method for using the secured overnight funding rate (SOFR) for intercompany loans. Treasury executives should discuss the language and how to address the issue most effectively with colleagues across their companies’ finance departments, if they haven’t already.
02/16/2021
Nacha Mulls Same-Day ACH Limit Increases to $1 Million and Above
NACHA proposes major limit increases over the next three years to enable corporates to expedite a wide range of debits and credits. Discover what could drive companies to transition to electronic payments.
NACHA proposes major limit increases over the next three years to enable corporates to expedite a wide range of debits and credits. Discover what could drive companies to transition to electronic payments.
02/08/2021
Negotiating Bank Fees: Two Strategies Share Upfront Approach
Discover strategies to ensure competitive fees and reduce costs by asking banks for information and exploring ways to lower fees. Experts provide advice on managing fees effectively.
Discover strategies to ensure competitive fees and reduce costs by asking banks for information and exploring ways to lower fees. Experts provide advice on managing fees effectively.
02/02/2021
Even with the Extension, Corporates Struggle with Libor Transition
The implications of the proposed extension of Libor support, the transition to replacement reference rates, and the challenges faced by corporates in the transition process.
The implications of the proposed extension of Libor support, the transition to replacement reference rates, and the challenges faced by corporates in the transition process.
02/01/2021
Six Ways Scenario Planning Stretches Organizational Vision
FP&A embraces multiple perspectives, rapid reforecasting, long-term strategy, and scenario planning in a changing world.
FP&A embraces multiple perspectives, rapid reforecasting, long-term strategy, and scenario planning in a changing world.
02/01/2021
The Future of Finance is Tied to 3 Core Themes
The AFP FinNext Virtual Conference Planning Task Force identifies three core themes that highlight the importance of holding multiple perspectives in finance.
The AFP FinNext Virtual Conference Planning Task Force identifies three core themes that highlight the importance of holding multiple perspectives in finance.
01/27/2021
FPAC Now Stands for FP&A Certified
As of January 25, the acronym FPAC will officially be used to denote the Association for Financial Professional’s Corporate Financial Planning and Analysis Professional credential.
As of January 25, the acronym FPAC will officially be used to denote the Association for Financial Professional’s Corporate Financial Planning and Analysis Professional credential.
01/25/2021
AFP Announces New Members to the North American FP&A Advisory Council for 2021
We are pleased to announce the members of AFP’s 2021 Financial Planning and Analysis (FP&A) Advisory Council. These members represent a broad cross section of industries, size, and ownership structure, and are selected based on their contributions to the FP&A practice, expertise in specific areas, and desire to contribute to the advancement of their peers.
We are pleased to announce the members of AFP’s 2021 Financial Planning and Analysis (FP&A) Advisory Council. These members represent a broad cross section of industries, size, and ownership structure, and are selected based on their contributions to the FP&A practice, expertise in specific areas, and desire to contribute to the advancement of their peers.
01/25/2021
Financial Modeling Best Practices
Explore the best practices for financial modeling, including model governance, risk management, and leveraging current research and trends.
Explore the best practices for financial modeling, including model governance, risk management, and leveraging current research and trends.
01/19/2021
Building a career in digital finance post COVID-19
Writing about career prospects for 2020 seems out of place at a time when professionals are worried about their jobs as much as companies are distressed about staying in business. But as history has shown us – there is a cycle to everything – and this period of relentless challenges will eventually come to an end, and professionals and businesses will begin anew.
Writing about career prospects for 2020 seems out of place at a time when professionals are worried about their jobs as much as companies are distressed about staying in business. But as history has shown us – there is a cycle to everything – and this period of relentless challenges will eventually come to an end, and professionals and businesses will begin anew.
01/19/2021
Surviving the pandemic aftermath: an FP&A perspective
FP&A professionals play a crucial role in helping companies navigate the uncertainties caused by the COVID-19 pandemic.
FP&A professionals play a crucial role in helping companies navigate the uncertainties caused by the COVID-19 pandemic.
01/19/2021
Harnessing the Value of ISO 20022
With the ISO 20022 standard now seeing widespread adoption, financial messaging has never been more relevant in cross-border transactions.
With the ISO 20022 standard now seeing widespread adoption, financial messaging has never been more relevant in cross-border transactions.
01/06/2021
Introducing AFP’s New Board Members
AFP is proud to introduce the new Chairman and Vice Chairmen of its Board of Directors, as well as some new members.
AFP is proud to introduce the new Chairman and Vice Chairmen of its Board of Directors, as well as some new members.
01/06/2021
Insurance Roundtable: Treasurers Weather the Pandemic Crisis
During the AFP 2020 Insurance Industry Roundtable, sponsored by Fifth Third Bank, treasury professionals discussed their response plans to the COVID-19 pandemic.
During the AFP 2020 Insurance Industry Roundtable, sponsored by Fifth Third Bank, treasury professionals discussed their response plans to the COVID-19 pandemic.
01/05/2021
Investing in Resiliency: Q&A with a Finance Thought Leader
Mat McBride from Microsoft discusses challenges faced by CFOs, CPOs, and financial decision makers, as well as concerns of customers and investors. Learn about building resiliency.
Mat McBride from Microsoft discusses challenges faced by CFOs, CPOs, and financial decision makers, as well as concerns of customers and investors. Learn about building resiliency.
01/05/2021
Ameribor: A Look at the Other Libor Alternative
The AFP Treasury in Practice Guide examines Ameribor as an alternative to SOFR in the United States.
The AFP Treasury in Practice Guide examines Ameribor as an alternative to SOFR in the United States.
01/05/2021
The role of financial models; an interview with Rob Trippe
Rob Trippe, M&A, corporate finance advisor and analyst for Corporate Finance Consulting & Advisory, discusses the role that models play and the challenges that they present to FP&A departments.
Rob Trippe, M&A, corporate finance advisor and analyst for Corporate Finance Consulting & Advisory, discusses the role that models play and the challenges that they present to FP&A departments.
01/05/2021
FP&A: Ever-Evolving with New Technology and Challenges
Learn about the changes in finance throughout Peggy Ang's career as she discusses the evolving role of finance and her experiences as FP&A Leader for APAC at National Instruments.
Learn about the changes in finance throughout Peggy Ang's career as she discusses the evolving role of finance and her experiences as FP&A Leader for APAC at National Instruments.
01/05/2021
Inside the FSB’s Cross-Border Payments Roadmap
Access AFP's Payments Guide, providing an in-depth examination of the G20 and Financial Stability Board's plan to strengthen and modernize the cross-border payments infrastructure.
Access AFP's Payments Guide, providing an in-depth examination of the G20 and Financial Stability Board's plan to strengthen and modernize the cross-border payments infrastructure.
01/04/2021
The CTP Opens Doors for APAC Treasury Professionals
During a recent webinar, treasury practitioners based in the Asia-Pacific (APAC) region discussed the value of earning the Certified Treasury Professional (CTP) designation.
During a recent webinar, treasury practitioners based in the Asia-Pacific (APAC) region discussed the value of earning the Certified Treasury Professional (CTP) designation.
12/21/2020
Keys to Bridging the Talent Gap in FP&A
We are already in the midst of a talent war. Nowhere is this more evident than in the role of financial planning and analysis (FP&A).
We are already in the midst of a talent war. Nowhere is this more evident than in the role of financial planning and analysis (FP&A).
12/11/2020
Global FP&A: Unique Challenges Arise in All Regions
Martha Sierra of the British Council and AFP's APAC FP&A Advisory Council has handled FP&A duties in multiple countries, taking on unique challenges with each new role.
Martha Sierra of the British Council and AFP's APAC FP&A Advisory Council has handled FP&A duties in multiple countries, taking on unique challenges with each new role.
12/11/2020
Survey: Forecasting Services to Remain in Demand in 2021
The demand for forecasting services remains high in 2021, as organizations seek accurate insights for informed decision-making, as shown in a survey.
The demand for forecasting services remains high in 2021, as organizations seek accurate insights for informed decision-making, as shown in a survey.
12/11/2020
Technology and Multiple Points of View
Explore the 2020 FP&A survey's focus on data quality, accessibility, and analytical tools, highlighting the key findings and insights in FP&A capabilities.
Explore the 2020 FP&A survey's focus on data quality, accessibility, and analytical tools, highlighting the key findings and insights in FP&A capabilities.
12/10/2020
Model Governance and Model Risk Management
Model governance is a set of activities, policies and procedures which formalize model and model risk management activities for implementation.
Model governance is a set of activities, policies and procedures which formalize model and model risk management activities for implementation.
12/01/2020
Regulators Signal Libor’s End in the U.S.
The Federal Reserve, the FDIC and OCC issued a joint statement urging banks to cease entering into new contracts that use U.S. dollar Libor as a reference rate.
The Federal Reserve, the FDIC and OCC issued a joint statement urging banks to cease entering into new contracts that use U.S. dollar Libor as a reference rate.
12/01/2020
Survey: Companies Embrace Electronic B2B Payments
Discover the increasing adoption of digital payments for business-to-business (B2B) transactions, as reported in the 2020 AFP Survey, sponsored by Truist, signaling a shift away from paper checks.
Discover the increasing adoption of digital payments for business-to-business (B2B) transactions, as reported in the 2020 AFP Survey, sponsored by Truist, signaling a shift away from paper checks.
11/17/2020
How Treasury Interacts with Third Parties
The 2020 AFP Asia-Pacific Treasury Management Handbook, sponsored by Kyriba, explores the ways in which treasury interacts with a range of third-party organizations, within a regulatory framework set by a number of legislators and regulators.
The 2020 AFP Asia-Pacific Treasury Management Handbook, sponsored by Kyriba, explores the ways in which treasury interacts with a range of third-party organizations, within a regulatory framework set by a number of legislators and regulators.
11/16/2020
Finance Holds Multiple Points of View
Learn how FP&A professionals can prepare for uncertainties by being ready for changes and adapting their planning function to dynamic environments.
Learn how FP&A professionals can prepare for uncertainties by being ready for changes and adapting their planning function to dynamic environments.
11/16/2020
Making the Move From Engineering to FP&A
Kwaku Agyemang-Duah, Senior Manager of FP&A at AirtelTigo Ghana, tells the story of his transition from engineering to FP&A.
Kwaku Agyemang-Duah, Senior Manager of FP&A at AirtelTigo Ghana, tells the story of his transition from engineering to FP&A.
11/13/2020
Digital Adoption Surges in Remote Working Environment
In order to maintain business continuity in the remote working environment, treasury departments have been forced to rapidly move towards digitalization.
In order to maintain business continuity in the remote working environment, treasury departments have been forced to rapidly move towards digitalization.
11/10/2020
AFP Introduces APAC FP&A Advisory Council
AFP forms the APAC FP&A Advisory Council (FPAAC) to support the financial planning and analysis (FP&A) profession in the Asia-Pacific region.
AFP forms the APAC FP&A Advisory Council (FPAAC) to support the financial planning and analysis (FP&A) profession in the Asia-Pacific region.
11/05/2020
Remote Working Challenges for FP&A
At the AFP 2020 FP&A Happy Hour, sponsored by CCH Tagetik, Planful and Vena, the conversation quickly turned how finance has changed in a remote working environment.
At the AFP 2020 FP&A Happy Hour, sponsored by CCH Tagetik, Planful and Vena, the conversation quickly turned how finance has changed in a remote working environment.
11/03/2020
AFP, Beacon Partner on CTP & FP&A Prep Courses
AFP and Beacon FinTrain have joined forces to offer special training courses for treasury and finance professionals throughout the Middle East.
AFP and Beacon FinTrain have joined forces to offer special training courses for treasury and finance professionals throughout the Middle East.
11/02/2020
Daniel Pink: Viewing Time as a Science, Not an Art
At AFP 2020, keynote speaker Daniel Pink, New York Times bestselling author, provided attendees with a look at the importance of timing in their professional and personal lives.
At AFP 2020, keynote speaker Daniel Pink, New York Times bestselling author, provided attendees with a look at the importance of timing in their professional and personal lives.
11/02/2020
From Cost to Service Center: Becoming a Cherished Advisor
AFP 2020 FP&A keynote speaker Amy Vetter outlined how to prepare ourselves and our department to deliver finance expertise that is insightful, timely and well presented.
AFP 2020 FP&A keynote speaker Amy Vetter outlined how to prepare ourselves and our department to deliver finance expertise that is insightful, timely and well presented.
10/28/2020
Getting the Data Validity You Need
In an AFP 2020 presentation, FP&A professionals discussed how they improved technology to accelerate cycle times for planning, reporting and analytical processes.
In an AFP 2020 presentation, FP&A professionals discussed how they improved technology to accelerate cycle times for planning, reporting and analytical processes.
10/27/2020
AFP 2020 Payments Roundtable: Responding to BEC Scams
During the AFP 2020 Payments Roundtable on Fraud and Control, sponsored by Kyriba, treasurers discussed the threat of business email compromise (BEC) scams and what organizations can do about them.
During the AFP 2020 Payments Roundtable on Fraud and Control, sponsored by Kyriba, treasurers discussed the threat of business email compromise (BEC) scams and what organizations can do about them.
10/27/2020
Amy Webb: It’s Time to Lean into Uncertainty
In the AFP 2020 MindShift Keynote presentation, sponsored by Capital One, quantitative futurist and best-selling author Amy Webb equipped attendees with the tools they need to think like futurists.
In the AFP 2020 MindShift Keynote presentation, sponsored by Capital One, quantitative futurist and best-selling author Amy Webb equipped attendees with the tools they need to think like futurists.
10/27/2020
Drager Wins 2020 AFP Pinnacle Award Grand Prize
Dräger has emerged as the winner of the AFP 2020 Pinnacle Grand Prize for excellence in treasury and finance. The Pinnacle Grand Prize, sponsored by MUFG, was presented today during the AFP 2020 Virtual Experience.
Dräger has emerged as the winner of the AFP 2020 Pinnacle Grand Prize for excellence in treasury and finance. The Pinnacle Grand Prize, sponsored by MUFG, was presented today during the AFP 2020 Virtual Experience.
10/20/2020
Connect with your FP&A peers and industry leaders in Austin March 17-19 at the AFP FP&A Forum. Register by January 15 to save $400.