Articles
Extreme Automation: How to Execute on a Vision of Finance
Introducing a roadmap that provides a way to act upon your view of a digitally enabled finance organization, along the parameters of people, process and technology.
Introducing a roadmap that provides a way to act upon your view of a digitally enabled finance organization, along the parameters of people, process and technology.
10/11/2019
Laying the Groundwork for a Planning System
The new FP&A guide focuses on the planning and reporting system, which is foundational to FP&A’s mission of supporting business decisions.
The new FP&A guide focuses on the planning and reporting system, which is foundational to FP&A’s mission of supporting business decisions.
09/24/2019
8 Steps for Creating a Rolling Forecast
The process for creating a rolling forecast takes practice and sufficient time to complete. By utilizing eight key steps, companies can build rolling forecasts more effectively.
The process for creating a rolling forecast takes practice and sufficient time to complete. By utilizing eight key steps, companies can build rolling forecasts more effectively.
09/20/2019
Effectively Measuring Your FP&A Efforts
How should FP&A organizations measure their effectiveness, and what does an effective measurement system look like for an FP&A team or department?
How should FP&A organizations measure their effectiveness, and what does an effective measurement system look like for an FP&A team or department?
09/16/2019
Survey: Check Use Drops to a New Low for B2B Payments
Check usage continues to decline for B2B transactions, falling to an all-time low of 42 percent, according to the 2019 AFP Electronic Payments Survey, underwritten by J.P. Morgan.
Check usage continues to decline for B2B transactions, falling to an all-time low of 42 percent, according to the 2019 AFP Electronic Payments Survey, underwritten by J.P. Morgan.
09/10/2019
3 Elements of a Comprehensive Receivables Risk Assessment
Receivables are the lifeblood of a company. A comprehensive receivables risk assessment is incomplete without three key elements.
Receivables are the lifeblood of a company. A comprehensive receivables risk assessment is incomplete without three key elements.
08/19/2019
Changing It Up: Key Benefits of Greater TMS Functionality
It may be difficult for treasury to shed old, manual practices in favor of utilizing its TMS to its full potential. But doing so can result in huge benefits.
It may be difficult for treasury to shed old, manual practices in favor of utilizing its TMS to its full potential. But doing so can result in huge benefits.
08/15/2019
Case Study: Dynamic FP&A at Abt Associates
AFP 2019 speaker Mike Powers of Abt Associates Inc., explains why FP&A is the lever that the CFO office has to drive change and help manage the business.
AFP 2019 speaker Mike Powers of Abt Associates Inc., explains why FP&A is the lever that the CFO office has to drive change and help manage the business.
08/13/2019
Fed to Develop a Faster Payments Infrastructure
Stay updated on the Federal Reserve's efforts to develop a real-time payment and settlement service, known as the FedNow℠ Service, and learn how corporate treasurers can provide input.
Stay updated on the Federal Reserve's efforts to develop a real-time payment and settlement service, known as the FedNow℠ Service, and learn how corporate treasurers can provide input.
08/06/2019
Fareed Zakaria: Navigating the Forces of Global Disruption
Gain insights from Fareed Zakaria of CNN Worldwide as he discusses the political risks of today and their historical parallels in a conversation with AFP at AFP 2019.
Gain insights from Fareed Zakaria of CNN Worldwide as he discusses the political risks of today and their historical parallels in a conversation with AFP at AFP 2019.
08/05/2019
Ditch the Spreadsheets: Adopt Modern Business Planning Now
Learn about the transformation of finance departments into strategic advisors and the shift from spreadsheets to modern business planning.
Learn about the transformation of finance departments into strategic advisors and the shift from spreadsheets to modern business planning.
07/31/2019
Libor Transition: Time to Switch to SOFR?
Evaluate the pros and cons of transitioning from the London Interbank Offered Rate (LIBOR) to the Secured Overnight Financing Rate (SOFR), as explained by Jennifer Earyes from Navient.
Evaluate the pros and cons of transitioning from the London Interbank Offered Rate (LIBOR) to the Secured Overnight Financing Rate (SOFR), as explained by Jennifer Earyes from Navient.
07/23/2019
Five Practices of Highly Effective FP&A Teams
Discover the common practices employed by highly effective FP&A teams to provide forward-looking analyses and reporting that drive business results.
Discover the common practices employed by highly effective FP&A teams to provide forward-looking analyses and reporting that drive business results.
07/23/2019
Case Study: How Shell is Changing FP&A
David Gold of Royal Dutch Shell discusses his organization’s decision to move high-level FP&A analyses to shared service centers.
David Gold of Royal Dutch Shell discusses his organization’s decision to move high-level FP&A analyses to shared service centers.
07/16/2019
Why Treasury Teams Miss Out on Key TMS Functionality
Many treasury professionals miss out on a lot of the functionality that their treasury systems offer because they tend to have a narrow focus during implementation.
Many treasury professionals miss out on a lot of the functionality that their treasury systems offer because they tend to have a narrow focus during implementation.
07/15/2019
FP&A Business Partnering: Build a Collaborative Relationship
Learn how FP&A teams can enhance their business partnering skills and build collaborative relationships through trust and effective communication.
Learn how FP&A teams can enhance their business partnering skills and build collaborative relationships through trust and effective communication.
06/25/2019
Defining FP&A: How Are We Supposed to Do This Job?
There is a mismatch between formal education and the role of the FP&A professional. As a result, FP&A as a whole has become increasingly difficult to define.
There is a mismatch between formal education and the role of the FP&A professional. As a result, FP&A as a whole has become increasingly difficult to define.
06/25/2019
Libor: Why 2022 is Coming Faster Than You Think
Prepare for the transition away from the London Interbank Offered Rate (Libor) by recognizing the limited time available for corporate treasury departments to adjust.
Prepare for the transition away from the London Interbank Offered Rate (Libor) by recognizing the limited time available for corporate treasury departments to adjust.
06/11/2019
Uncharted Waters: Managing the Tax Risks of Cash Pools
It is often the responsibility of treasury to coordinate with a third-party bank to set up a cash pool, and as a result, certain embedded tax risks can be overlooked.
It is often the responsibility of treasury to coordinate with a third-party bank to set up a cash pool, and as a result, certain embedded tax risks can be overlooked.
06/11/2019
Discovering and Reporting Fraud: Tips From the FBI
Access helpful tips from the FBI on discovering and reporting fraud in AFP's Payments Guide, underwritten by MUFG Union Bank.
Access helpful tips from the FBI on discovering and reporting fraud in AFP's Payments Guide, underwritten by MUFG Union Bank.
06/10/2019
PSD2: Pros & Cons of Payment Initiation Service Providers
One goal of PSD2 is encouraging competition by allowing new players to enter the European Single Market. Who are these new players? What opportunities and risks do they present? How can corporates determine which one to work with? This guide will address these questions.
One goal of PSD2 is encouraging competition by allowing new players to enter the European Single Market. Who are these new players? What opportunities and risks do they present? How can corporates determine which one to work with? This guide will address these questions.
05/28/2019
Want to Switch From Accounting to FP&A? Read This.
FP&A is growing more attractive to accountants. So how can you switch from accounting to FP&A?
FP&A is growing more attractive to accountants. So how can you switch from accounting to FP&A?
05/28/2019
Survey: Financial Professionals Garnered 3.5% Raises in 2018
Treasury and finance professionals earned an average 3.5 percent base salary increase in 2018, according to the 2019 AFP Compensation Survey.
Treasury and finance professionals earned an average 3.5 percent base salary increase in 2018, according to the 2019 AFP Compensation Survey.
05/28/2019
Using Psychology When Analyzing Financial Statements
Learn how psychology can be applied to financial statement analysis to add value beyond traditional financial ratios.
Learn how psychology can be applied to financial statement analysis to add value beyond traditional financial ratios.
05/16/2019
E-Invoicing Hasn’t Broken Through in the U.S., But It Should
E-invoicing is not a new concept, but it’s had some trouble catching on in the United States. But that could be on the cusp of changing.
E-invoicing is not a new concept, but it’s had some trouble catching on in the United States. But that could be on the cusp of changing.
05/13/2019
Libor Fallback Language: What Treasurers Need to Know
Stay updated on the fallback language for the London Interbank Offered Rate (Libor), indicating alternative rates in case Libor becomes unusable after 2021.
Stay updated on the fallback language for the London Interbank Offered Rate (Libor), indicating alternative rates in case Libor becomes unusable after 2021.
04/25/2019
Leadership Lessons from Chip Colbert: Leading in a Complex World
Being a leader is never easy, nor does it come easily. Here are 10 lessons from leadership guru Chip Colbert.
Being a leader is never easy, nor does it come easily. Here are 10 lessons from leadership guru Chip Colbert.
04/23/2019
Open Banking in the UK and PSD2 in Europe: 4 Benefits for Treasurers
PSD2 sets the foundation for open banking, driving banking changes in Europe and worldwide. Learn the benefits and implications of open banking for treasurers in this evolving regulatory landscape.
PSD2 sets the foundation for open banking, driving banking changes in Europe and worldwide. Learn the benefits and implications of open banking for treasurers in this evolving regulatory landscape.
04/19/2019
Are Bots Part of the FP&A Team?
Are bots really part of the FP&A team, or are they just a tool like spreadsheet or an accounting system?
Are bots really part of the FP&A team, or are they just a tool like spreadsheet or an accounting system?
04/09/2019
Survey: Fraud Hits Record High, Impacts 82% of Businesses
Explore the findings of the 2019 AFP Payments Fraud & Control Survey, underwritten by J.P. Morgan, which reveals a record-high incidence of payments fraud, impacting 82 percent of organizations in 2018.
Explore the findings of the 2019 AFP Payments Fraud & Control Survey, underwritten by J.P. Morgan, which reveals a record-high incidence of payments fraud, impacting 82 percent of organizations in 2018.
04/09/2019
5 Questions for Cindy Rogers on Leveraging FP&A Consultants
After years as an employee,including being a direct report to the CFO, Cindy Rogers, FP&A, struck out on her own as an FP&A consulting professional.
After years as an employee,including being a direct report to the CFO, Cindy Rogers, FP&A, struck out on her own as an FP&A consulting professional.
04/02/2019
Why Hasn’t Finance Embraced AI for Forecasting Yet?
The adoption of AI technologies, such as machine learning and big data analytics, for financial forecasting is increasing, but many treasurers and CFOs have not yet fully embraced these tools.
The adoption of AI technologies, such as machine learning and big data analytics, for financial forecasting is increasing, but many treasurers and CFOs have not yet fully embraced these tools.
03/21/2019
How Can Finance Measure Innovation? Here Are 13 Ideas.
Innovation is critical for organizations because it establishes a foundation for long-term survival. How can finance measure innovation? Simple—inspect what you expect.
Innovation is critical for organizations because it establishes a foundation for long-term survival. How can finance measure innovation? Simple—inspect what you expect.
03/07/2019
The Future of FP&A: Two Ways to Take the Reins
Recognize the growing importance of financial planning and analysis (FP&A) in organizations, driven by CFOs who seek more value and strategic contributions from the function.
Recognize the growing importance of financial planning and analysis (FP&A) in organizations, driven by CFOs who seek more value and strategic contributions from the function.
03/04/2019
Libor Transition: 3 Ways Treasurers Can Address the Challenge
The Loan Syndications and Trading Association (LSTA) offered pieces of advice on the transition away from the London Interbank Offered Rate (Libor).
The Loan Syndications and Trading Association (LSTA) offered pieces of advice on the transition away from the London Interbank Offered Rate (Libor).
02/26/2019
Will SWIFT’S KYC Registry Be a Game Changer?
SWIFT's know-your-customer (KYC) repository may not ease corporates' frustrations without strong standards.
SWIFT's know-your-customer (KYC) repository may not ease corporates' frustrations without strong standards.
02/25/2019
Improving Cross-Border Payments: 6 Questions Treasurers Should Ask
Improving cross-border payments is a priority for many treasurers. Here are six questions to ask to help you improve your cross-border payments.
Improving cross-border payments is a priority for many treasurers. Here are six questions to ask to help you improve your cross-border payments.
02/14/2019
How to Create Autoregressive Integrated Moving Average (ARIMA) Models
Statistical tools are gaining in importance as the volume, variety, and velocity of data increases. Here is how to create an autoregressive integrated moving average (ARIMA) model.
Statistical tools are gaining in importance as the volume, variety, and velocity of data increases. Here is how to create an autoregressive integrated moving average (ARIMA) model.
02/06/2019
Libor Transition: Replacements Begin Addressing Cash Products
The Libor transition continues, with replacements starting to address cash products. These risk-free rates, or RFRs, offer benefits and challenges.
The Libor transition continues, with replacements starting to address cash products. These risk-free rates, or RFRs, offer benefits and challenges.
02/06/2019
How Will Blockchain Impact the Future of Treasury?
The impact of blockchain is only beginning to be felt throughout organizations. How will blockchain impact the future of treasury? Andy Fately shares his thoughts.
The impact of blockchain is only beginning to be felt throughout organizations. How will blockchain impact the future of treasury? Andy Fately shares his thoughts.
02/04/2019
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.