Articles
Credit Agreement Refinancings: 5 Questions Answered
A number of factors drive a company’s decision to refinance its credit facility. With interest rates on the rise, what considerations are important to CFOs and treasurers?
A number of factors drive a company’s decision to refinance its credit facility. With interest rates on the rise, what considerations are important to CFOs and treasurers?
04/04/2018
Audience vs. Traffic: 2 Key Lessons for FP&A and Marketing
“Information... wants to be scarce and expensive.” This provocative quote has profound implications for FP&A—particularly as it relates to marketing.
“Information... wants to be scarce and expensive.” This provocative quote has profound implications for FP&A—particularly as it relates to marketing.
04/02/2018
AFP 2018 Preview: Treasury Management Track
In an interview at the AFP 2018 Planning Task Force meeting, Saumya Mohan, Americas Region Treasurer for Tesla, discusses planning the treasury management track.
In an interview at the AFP 2018 Planning Task Force meeting, Saumya Mohan, Americas Region Treasurer for Tesla, discusses planning the treasury management track.
03/27/2018
FinNext 2018: Why Volatility Is the New Normal
During a session at FinNext 2018, financial professionals provided different perspectives on how volatility has become the “new normal” for FP&A.
During a session at FinNext 2018, financial professionals provided different perspectives on how volatility has become the “new normal” for FP&A.
03/22/2018
BreakThrough Preview: How Treasury Can Manage Change
Gain insights into managing change efforts within treasury and finance, as discussed by John Josten, assistant treasurer of Tractor Supply Company.
Gain insights into managing change efforts within treasury and finance, as discussed by John Josten, assistant treasurer of Tractor Supply Company.
03/20/2018
FinNext 2018: The Characteristics of Superforecasters
FinNext 2018 keynote speaker Dan Gardner, Journalist and Co-Author of Superforecasting, discusses the typical characteristics of "superforecasters".
FinNext 2018 keynote speaker Dan Gardner, Journalist and Co-Author of Superforecasting, discusses the typical characteristics of "superforecasters".
03/19/2018
Practitioners Consider the Role of FP&A at FinNext 2018
FinNext 2018 kicked off with a special FP&A Roundtable discussion, sponsored by Peloton. Discussion centered on what FP&A should actually “be” as a function.
FinNext 2018 kicked off with a special FP&A Roundtable discussion, sponsored by Peloton. Discussion centered on what FP&A should actually “be” as a function.
03/19/2018
Top Treasury Tasks: Handling Debt and Capital Markets
As treasury’s role has become more strategic, functions such as debt issuance and conducting capital markets activities, which traditionally are under the purview of the CFO, have now fallen to treasury, according to the Strategic Role of Treasury Survey.
As treasury’s role has become more strategic, functions such as debt issuance and conducting capital markets activities, which traditionally are under the purview of the CFO, have now fallen to treasury, according to the Strategic Role of Treasury Survey.
03/19/2018
4 Steps to Building a Gauge Diagram in Excel
Learn how to create a gauge diagram in Excel to visualize data and compare against a set standard for effective data presentation.
Learn how to create a gauge diagram in Excel to visualize data and compare against a set standard for effective data presentation.
03/14/2018
Blockchain May Have Weaknesses that Proponents Overlook
The attribute blockchain proponents consistently emphasize is its immutability. In reality, the technology is more mutable than advertised and carries unique risks.
The attribute blockchain proponents consistently emphasize is its immutability. In reality, the technology is more mutable than advertised and carries unique risks.
03/12/2018
Does Your Risk Management Strategy Address U.S. Sanctions?
When thinking about risk management strategies for your company in 2018, don’t forget about risks associated with U.S. sanctions compliance.
When thinking about risk management strategies for your company in 2018, don’t forget about risks associated with U.S. sanctions compliance.
03/12/2018
6 Steps to an Effective Financial Statement Analysis
Effective financial statement analysis involves six steps that financial professionals should master to gain insights into a firm's financial performance.
Effective financial statement analysis involves six steps that financial professionals should master to gain insights into a firm's financial performance.
03/09/2018
How to Build an Atmosphere of Fraud Prevention
Fraud prevention must be a team effort, involving payment and non-payment areas alike. No one can predict which angle, function, or individual will be the vulnerable area.
Fraud prevention must be a team effort, involving payment and non-payment areas alike. No one can predict which angle, function, or individual will be the vulnerable area.
03/08/2018
Vaporized: FP&A’s Role in Sizing the Downsized Company
The main question for FP&A is whether the perceived benefits of the conglomerate can be achieved in other ways without giving up strategic benefits.
The main question for FP&A is whether the perceived benefits of the conglomerate can be achieved in other ways without giving up strategic benefits.
03/07/2018
How Marsh & McLennan Strategically Invests in Its Finance Team
How Marsh & McLennan strategically invests in its finance team.
How Marsh & McLennan strategically invests in its finance team.
03/06/2018
Navigating the Top Tasks in Treasury
Access the Treasury in Practice guide, underwritten by GTreasury, that delves into the crucial tasks at various levels in treasury, including assistant treasurer, treasury manager, and treasury analyst.
Access the Treasury in Practice guide, underwritten by GTreasury, that delves into the crucial tasks at various levels in treasury, including assistant treasurer, treasury manager, and treasury analyst.
03/06/2018
Focus on the Strategic with a Self-Correcting Team
Executive Coach and BreakThrough Treasury & Finance keynote Sarah Levitt spoke to the AFP Conversations podcast about high-performing teams.
Executive Coach and BreakThrough Treasury & Finance keynote Sarah Levitt spoke to the AFP Conversations podcast about high-performing teams.
03/05/2018
Corporates Make Slow Return to Prime Money Funds
Learn about the gradual return of treasury departments to prime money market funds, which were previously a primary cash management tool for corporates.
Learn about the gradual return of treasury departments to prime money market funds, which were previously a primary cash management tool for corporates.
02/23/2018
Australia’s Real Time Payments System Released to the Public
Last week, real-time, data-rich payments were released to the public in Australia. With this launch, corporates and consumers all across Australia can now transfer funds instantly.
Last week, real-time, data-rich payments were released to the public in Australia. With this launch, corporates and consumers all across Australia can now transfer funds instantly.
02/20/2018
How FP&A and Investor Relations Intersect in Work and Career Pathways
FP&A and investor relations share a similar family tree, have elements that look the same, but maintain separate identities. They each have good information to offer each other that can make both parties better at their responsibilities. They also represent potential intertwining career paths and potentially broadening career development for the finance professional.
FP&A and investor relations share a similar family tree, have elements that look the same, but maintain separate identities. They each have good information to offer each other that can make both parties better at their responsibilities. They also represent potential intertwining career paths and potentially broadening career development for the finance professional.
02/20/2018
Managing Gray Swan Events
AFP's new Executive Guide, underwritten by OpenLink, provides insights on how treasury and finance executives can address gray swan events.
AFP's new Executive Guide, underwritten by OpenLink, provides insights on how treasury and finance executives can address gray swan events.
02/13/2018
NACHA, Accenture Team Up for API Standardization
NACHA and Accenture have joined forces to support API standardization across the U.S. payments system.
NACHA and Accenture have joined forces to support API standardization across the U.S. payments system.
02/05/2018
KYC: It’s Time to Put All Your Data in One Place
What would a centralized KYC repository look like and what problems could its implementation run into? Tom Hunt, CTP, Director of Treasury Services at AFP dives into this idea.
What would a centralized KYC repository look like and what problems could its implementation run into? Tom Hunt, CTP, Director of Treasury Services at AFP dives into this idea.
01/29/2018
Excel: Finance's Universal Language
Since the late 1980s Excel has dominated the financial reporting landscape and the software shows no signs of wearing down.
Since the late 1980s Excel has dominated the financial reporting landscape and the software shows no signs of wearing down.
01/29/2018
3 Ways Budgets Guide and Reflect Your Organization’s Culture
Understand the relationship between budgeting and organizational culture, as revealed in the results of the 2017 FP&A survey on the relevance of budgets.
Understand the relationship between budgeting and organizational culture, as revealed in the results of the 2017 FP&A survey on the relevance of budgets.
01/26/2018
AFP Makes Recommendations for Same Day ACH Expansion
Read AFP's response to NACHA's request for comment on expanding Same Day ACH, supporting the initiative while offering recommendations for its optimal implementation.
Read AFP's response to NACHA's request for comment on expanding Same Day ACH, supporting the initiative while offering recommendations for its optimal implementation.
01/26/2018
IFRS 9 Offers Treasurers New Hedging Opportunities
With the New Year comes the new accounting standard for financial instruments, IFRS 9, which replaces the IAS 39 regulations.
With the New Year comes the new accounting standard for financial instruments, IFRS 9, which replaces the IAS 39 regulations.
01/25/2018
CTP Body of Knowledge Committee: Volunteers Needed
AFP is seeking experts to participate on the CTP Body of Knowledge Committee. The Committee has a vital role in the editorial process of The Essentials of Treasury Management.
AFP is seeking experts to participate on the CTP Body of Knowledge Committee. The Committee has a vital role in the editorial process of The Essentials of Treasury Management.
01/25/2018
Setting Your Risk Appetite Amid High Volatility
Organizations must establish their risk appetite as they plan around volatility. All businesses incur a degree of risk, but how much they want to take on varies heavily.
Organizations must establish their risk appetite as they plan around volatility. All businesses incur a degree of risk, but how much they want to take on varies heavily.
01/24/2018
Choosing an Optimal TMS in the Changing Vendor Landscape
Before diving into the treasury management system (TMS) landscape and vendor analysis, clarify your objectives and what you aim to achieve with the TMS implementation.
Before diving into the treasury management system (TMS) landscape and vendor analysis, clarify your objectives and what you aim to achieve with the TMS implementation.
01/18/2018
FinCEN Pushes FBAR Deadline Back Further
Corporate treasury professionals have received some more FBAR relief, as FinCEN has again extended the filing deadline.
Corporate treasury professionals have received some more FBAR relief, as FinCEN has again extended the filing deadline.
01/16/2018
How FP&A Can Lead a System Deployment
With the increased adoption of cloud technologies, more responsibility of technology selection is shifting from IT professionals to FP&A teams.
With the increased adoption of cloud technologies, more responsibility of technology selection is shifting from IT professionals to FP&A teams.
01/12/2018
Cash Conversion Cycles Are Sharply Shrinking. Here’s Why.
Corporations have become more efficient in managing working capital over the past few decades. This is likely due to treasury reducing inefficiencies.
Corporations have become more efficient in managing working capital over the past few decades. This is likely due to treasury reducing inefficiencies.
01/09/2018
New Year's Resolutions for Finance in 2018 - One for Each Month
In the spirit of New Year’s resolutions, and tailored for the finance audience, my goals for 2018 of things to learn and do, one for each month.
In the spirit of New Year’s resolutions, and tailored for the finance audience, my goals for 2018 of things to learn and do, one for each month.
01/01/2018
When Does Using Interim Treasury Resources Make Sense?
In today’s world of doing more with less, using interim treasury resources can be a way of continuing to operate and achieve change initiatives.
In today’s world of doing more with less, using interim treasury resources can be a way of continuing to operate and achieve change initiatives.
12/19/2017
2017 Pinnacle Awards: Hyundai Capital America
Hyundai Capital America introduced a global USD issuance strategy, which won it a 2017 AFP Pinnacle Award. The Pinnacle Awards are sponsored by Wells Fargo & Company.
Hyundai Capital America introduced a global USD issuance strategy, which won it a 2017 AFP Pinnacle Award. The Pinnacle Awards are sponsored by Wells Fargo & Company.
12/13/2017
AFP Mindshift: Will Technology Replace Treasury?
Jean Furter, Vice President, Treasurer for Brocade Communications Systems, explains why some treasury jobs could be phased out in the near future, and what practitioners need to do to prepare.
Jean Furter, Vice President, Treasurer for Brocade Communications Systems, explains why some treasury jobs could be phased out in the near future, and what practitioners need to do to prepare.
12/07/2017
Surprise: Most Firms Still Do Traditional Budgeting
According to a new AFP Survey, nearly three quarters of FP&A professionals agree or strongly agree that the budget is a valuable tool.
According to a new AFP Survey, nearly three quarters of FP&A professionals agree or strongly agree that the budget is a valuable tool.
12/05/2017
AFP Viewpoint: How Treasurers Can Manage Card Fees
The new AFP Payments Guide, underwritten by MUFG Union Bank, aims to shed some light over the very complex nature of credit card payments.
The new AFP Payments Guide, underwritten by MUFG Union Bank, aims to shed some light over the very complex nature of credit card payments.
12/01/2017
FP&A Pros Should Learn the Taxonomy of Risk. Here's Why.
FP&A professionals focus on goal achievement, while risk management assesses potential obstacles. Learn why understanding the taxonomy of risk is crucial for FP&A professionals.
FP&A professionals focus on goal achievement, while risk management assesses potential obstacles. Learn why understanding the taxonomy of risk is crucial for FP&A professionals.
11/29/2017
See what’s in store at the treasury and finance conference, AFP 2024, October 20-23, in Nashville. Download the brochure.