Articles
APIs: Simplifying Corporate-Bank Relationships
Conrad Sheehan, Managing Director for Accenture, discusses the need for API standardization and how it applies to corporate treasury.
Conrad Sheehan, Managing Director for Accenture, discusses the need for API standardization and how it applies to corporate treasury.
08/23/2018
5 Questions on Digital Readiness for FP&A Exec Jeff Altman
Jeff Altman, Executive Director, Finance Leadership Development for Verizon, gives his thoughts on changes to FP&A brought about by new technology and data.
Jeff Altman, Executive Director, Finance Leadership Development for Verizon, gives his thoughts on changes to FP&A brought about by new technology and data.
08/23/2018
The Advent of New Cross-Border Payments Systems
AFP's new Payments Guide, underwritten by MUFG Union Bank, takes an in-depth look at new cross-border payments systems.
AFP's new Payments Guide, underwritten by MUFG Union Bank, takes an in-depth look at new cross-border payments systems.
08/21/2018
Risk Management Need Not Be Expensive: 8 Tips for Treasurers
Risk is a necessary evil that treasury and finance executives have to deal with in today’s complex and highly-integrated world. But risk management need not be expensive.
Risk is a necessary evil that treasury and finance executives have to deal with in today’s complex and highly-integrated world. But risk management need not be expensive.
08/21/2018
Preparing an RFP for a Treasury System
Sarah Schaus, Assistant Treasurer and AVP for Allianz Life Insurance Company, provides some key tips on preparing an RFP for treasury management system providers.
Sarah Schaus, Assistant Treasurer and AVP for Allianz Life Insurance Company, provides some key tips on preparing an RFP for treasury management system providers.
08/20/2018
Case Study: NYU Moves from Excel to a Treasury System
About three years ago, the treasury department at New York University decided to move from Excel to a treasury management system.
About three years ago, the treasury department at New York University decided to move from Excel to a treasury management system.
08/17/2018
Keys to Developing High-Potential Finance Talent
Recognizing that the skillsets required for future finance leaders are changing, organizations are effectively leveraging high-potential development programs.
Recognizing that the skillsets required for future finance leaders are changing, organizations are effectively leveraging high-potential development programs.
08/15/2018
NACHA Launches Standardized APIs, Online Community
NACHA's API Standardization Industry Group (ASIG) has released two standardized APIs for testing that have the potential to greatly benefit corporate treasury.
NACHA's API Standardization Industry Group (ASIG) has released two standardized APIs for testing that have the potential to greatly benefit corporate treasury.
08/14/2018
Debunking Derivative Myths: Tips for Finance Professionals
Derivative contracts are often portrayed as the bad boys of the financial marketplace, but this characterization misrepresents most derivatives and their uses.
Derivative contracts are often portrayed as the bad boys of the financial marketplace, but this characterization misrepresents most derivatives and their uses.
08/09/2018
SONIA, SOFR Questions Complicate Libor Transition
The transition away from Libor is picking up steam, but there are big questions about the replacement products.
The transition away from Libor is picking up steam, but there are big questions about the replacement products.
08/02/2018
FP&A and Business Partnerships: Coffee, Talk, and Finance
Here are five questions that will improve FP&A's and business partnerships.
Here are five questions that will improve FP&A's and business partnerships.
07/23/2018
What Today's Treasurers Want in a TMS
Bob Stark, Vice President of Strategy for Kyriba, discusses what today's treasury professionals are looking for when purchasing a treasury management system (TMS).
Bob Stark, Vice President of Strategy for Kyriba, discusses what today's treasury professionals are looking for when purchasing a treasury management system (TMS).
07/23/2018
Fed Seeks Comment on ISO 20022 Fedwire Proposal
The Federal Reserve is considering adopting ISO 20022 for its Fedwire Funds Service. Corporate treasury professionals are encouraged to comment.
The Federal Reserve is considering adopting ISO 20022 for its Fedwire Funds Service. Corporate treasury professionals are encouraged to comment.
07/19/2018
Regulators Are Pushing Banks to Speed Up LIBOR Transition
Regulators are putting more pressure on banks to speed up their transition away from the London interbank offered rate (LIBOR).
Regulators are putting more pressure on banks to speed up their transition away from the London interbank offered rate (LIBOR).
07/17/2018
Real Time Payments Are Here. But Do Treasurers Want Them?
The Clearing House's plans for its Real Time Payments service are ambitious. But how quickly will treasury professionals adopt it?
The Clearing House's plans for its Real Time Payments service are ambitious. But how quickly will treasury professionals adopt it?
07/16/2018
Finance Strategy: Rethinking Porter’s 5 Forces for FP&A
Are there instances where Porter's Five Forces can be profit-accretive rather than profit-destructive? If the answer is yes, then finance has to re-evaluate its valuation models to capitalize on these relationships to derive value for its business.
Are there instances where Porter's Five Forces can be profit-accretive rather than profit-destructive? If the answer is yes, then finance has to re-evaluate its valuation models to capitalize on these relationships to derive value for its business.
07/11/2018
Why Are Artificial Intelligence and Machine Learning Important for FP&A?
Autonomous learning enables humans to interact with machines to get the relevant information in a fraction of the time.
Autonomous learning enables humans to interact with machines to get the relevant information in a fraction of the time.
07/11/2018
AFP 2018: Capital Markets & Investments Preview
The Capital Markets and Investments track at AFP 2018 boasts an array of sessions that will help you navigate this complex new paradigm.
The Capital Markets and Investments track at AFP 2018 boasts an array of sessions that will help you navigate this complex new paradigm.
07/10/2018
Retail Treasurers Are Hit By Fraud from All Sides
Retail treasurers face multiple fraud methods. BEC scams, check fraud, and card fraud are prevalent, as discussed at the 2018 AFP Retail Roundtable.
Retail treasurers face multiple fraud methods. BEC scams, check fraud, and card fraud are prevalent, as discussed at the 2018 AFP Retail Roundtable.
06/26/2018
Choose Wisely: Selecting the Right Treasury System
The latest Treasury in Practice Guide, underwritten by Kyriba, explores the ins and outs of selecting a treasury management system.
The latest Treasury in Practice Guide, underwritten by Kyriba, explores the ins and outs of selecting a treasury management system.
06/25/2018
12 Tips to Fix the Metric System and Deliver the Right KPIs
If you have many metrics to look at, how do you know what is important?
If you have many metrics to look at, how do you know what is important?
06/25/2018
Preparing for the Libor Transition: A Treasury Checklist
Jennifer Earyes, Director, Treasury Risk for Navient, provides corporate treasury professionals with a checklist of what to do to prepare for the probable transition from Libor to SOFR in 2022.
Jennifer Earyes, Director, Treasury Risk for Navient, provides corporate treasury professionals with a checklist of what to do to prepare for the probable transition from Libor to SOFR in 2022.
06/20/2018
Libor vs. SOFR: Big Changes Are Coming for U.S. Treasurers
There are several key actions that treasurers should consider as they prepare for a probable shift from Libor to SOFR.
There are several key actions that treasurers should consider as they prepare for a probable shift from Libor to SOFR.
06/19/2018
Treasury’s Impact on the Financial Statements
The latest AFP Executive Guide, underwritten by Chatham Financial, explores treasury’s impact on financial statements.
The latest AFP Executive Guide, underwritten by Chatham Financial, explores treasury’s impact on financial statements.
06/12/2018
Draft Day: 5 Picks You Need for Your FP&A Team
If you had to draft an all-star FP&A team, who would you recruit? What types of players would fill the positions on your team and what skills would they need to have?
If you had to draft an all-star FP&A team, who would you recruit? What types of players would fill the positions on your team and what skills would they need to have?
06/04/2018
New FinCEN Rules Just Made KYC Even Tougher
It now takes two to six months for new domestic and international bank accounts to be setup due to know-your-customer (KYC) requirements. And guess what, treasurers? It’s about to get worse.
It now takes two to six months for new domestic and international bank accounts to be setup due to know-your-customer (KYC) requirements. And guess what, treasurers? It’s about to get worse.
05/25/2018
Eliminating Friendly Fraud: 10 Friendly Tips from Uber
Merchants at MRC Dublin 2018 received some tips on what they can do to prevent “friendly” fraud, as well as recoup losses from it, courtesy of two experts from Uber.
Merchants at MRC Dublin 2018 received some tips on what they can do to prevent “friendly” fraud, as well as recoup losses from it, courtesy of two experts from Uber.
05/17/2018
10 Reasons Why Fraud Will Never Go Away
At MRC Dublin, Dr. Patrick Dixon provided a list of reasons why fraudsters will continue to thrive in this new, fraud-heavy paradigm that merchants currently find themselves in.
At MRC Dublin, Dr. Patrick Dixon provided a list of reasons why fraudsters will continue to thrive in this new, fraud-heavy paradigm that merchants currently find themselves in.
05/15/2018
How Can Treasury & Finance Executives Retain Talent?
Nicole Meyer, Founder and Managing Partner of The Meyer Partnership, explains why employees leave their jobs, and what treasury and finance executives can do to retain them.
Nicole Meyer, Founder and Managing Partner of The Meyer Partnership, explains why employees leave their jobs, and what treasury and finance executives can do to retain them.
05/07/2018
Failing Upward: Knowing When to Pull the Plug on Robotics
Learn about the challenges of implementing robotic process automation (RPA) and its potential benefits in process improvement.
Learn about the challenges of implementing robotic process automation (RPA) and its potential benefits in process improvement.
05/02/2018
BreakThrough Preview: Where is Treasury Technology Going?
Bob Stark of Kyriba will provide attendees of the BreakThrough Treasury and Finance forum with a look at the latest technology trends impacting the treasury landscape.
Bob Stark of Kyriba will provide attendees of the BreakThrough Treasury and Finance forum with a look at the latest technology trends impacting the treasury landscape.
05/01/2018
Controls for a Paper-Based Accounts Payables System
While some companies still rely on paper-based AP processes, controls are necessary to ensure their proper operation. Explore the importance of controls even in paper-based systems.
While some companies still rely on paper-based AP processes, controls are necessary to ensure their proper operation. Explore the importance of controls even in paper-based systems.
04/30/2018
FBAR FAQs, Part II: FinCEN, IRS Answer Your Questions
The AFP Treasury Advisory Group recently held discussions on Foreign Bank Account Reporting (FBAR) with representatives of the Financial Crimes Enforcement Network (FinCEN) and the IRS.
The AFP Treasury Advisory Group recently held discussions on Foreign Bank Account Reporting (FBAR) with representatives of the Financial Crimes Enforcement Network (FinCEN) and the IRS.
04/30/2018
FP&A Needs a Beacon to See Through Volatility
FP&A practitioners discuss managing volatility and aligning operations with core company attributes at FinNext in San Francisco.
FP&A practitioners discuss managing volatility and aligning operations with core company attributes at FinNext in San Francisco.
04/25/2018
Can Blockchain Solve KYC and Digital Identity? Maybe.
Blockchain proponents believe the technology has broad applications for treasury and finance. But could it solve know-your-customer (KYC) compliance?
Blockchain proponents believe the technology has broad applications for treasury and finance. But could it solve know-your-customer (KYC) compliance?
04/20/2018
Life Hack: What Happens When Biometrics Are Compromised?
Consider the implications of compromised biometric data, such as DNA, used for customer account access and the associated risks for treasury and finance professionals.
Consider the implications of compromised biometric data, such as DNA, used for customer account access and the associated risks for treasury and finance professionals.
04/18/2018
AFP 2018: Time for a Change-Up
AFP 2018 is all about breaking out of your regular routine. That’s why we’re introducing a number of new features this year, while expanding upon others.
AFP 2018 is all about breaking out of your regular routine. That’s why we’re introducing a number of new features this year, while expanding upon others.
04/17/2018
AP Automation Fortifies Defenses Against Fraud, Money Leaks
It’s extremely difficult to stop money leaks in a paper-based or even a partially automated system. Reducing these losses should be part of any business case for AP automation.
It’s extremely difficult to stop money leaks in a paper-based or even a partially automated system. Reducing these losses should be part of any business case for AP automation.
04/17/2018
Top Treasury Tasks: Cash Management and Forecasting
A majority of respondents to a recent AFP survey cite cash management and forecasting as key areas of focus for their treasury departments over the next three years.
A majority of respondents to a recent AFP survey cite cash management and forecasting as key areas of focus for their treasury departments over the next three years.
04/12/2018
AFP Survey: Payments Fraud Hits Record High of 78%
The 2018 AFP Payments Fraud Survey, underwritten by J.P. Morgan, revealed that payments fraud reached a new high in 2017 after a downswing earlier in the decade.
The 2018 AFP Payments Fraud Survey, underwritten by J.P. Morgan, revealed that payments fraud reached a new high in 2017 after a downswing earlier in the decade.
04/10/2018
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.