Articles
CTC Forum Preview: How to Avoid a Liquidity Shortfall
AFP recently spoke with Mack Makode of Mylan Pharmaceuticals about his upcoming session on liquidity at the CTC Corporate Treasurers Forum, May 22-24 at the Sofitel San Francisco Bay.
AFP recently spoke with Mack Makode of Mylan Pharmaceuticals about his upcoming session on liquidity at the CTC Corporate Treasurers Forum, May 22-24 at the Sofitel San Francisco Bay.
03/09/2016
Managing Communications: Key for Coca Cola’s Global Treasury
Coca-Cola has over 300 legal entities and is present in nearly every country. Managing communications is a key condition for success.
Coca-Cola has over 300 legal entities and is present in nearly every country. Managing communications is a key condition for success.
03/08/2016
Want to Measure Your Firm’s FP&A ROI? Here’s How to Do It.
Measuring the performance of your financial planning and analysis (FP&A) efforts is complicated by three factors.
Measuring the performance of your financial planning and analysis (FP&A) efforts is complicated by three factors.
03/07/2016
AFP Launches FP&A Benchmarking Survey
AFP launches the FP&A Benchmarking Survey, providing financial professionals with valuable data and insights for performance measurement and improvement.
AFP launches the FP&A Benchmarking Survey, providing financial professionals with valuable data and insights for performance measurement and improvement.
03/02/2016
Treasurers, Time to Develop Your Interest Rate Strategies
Be proactive in developing your interest rate hedging strategy and recognize that the interest rate derivatives market has changed significantly in the last several years.
Be proactive in developing your interest rate hedging strategy and recognize that the interest rate derivatives market has changed significantly in the last several years.
03/01/2016
ACH Tokenization: NACHA Mulls Three Possible Options
The latest meeting of NACHA’s Payments Innovation Alliance began with a roundtable discussion on a new tokenization strategy for the ACH Network.
The latest meeting of NACHA’s Payments Innovation Alliance began with a roundtable discussion on a new tokenization strategy for the ACH Network.
02/24/2016
Seeing the Big Picture: Key for Finance Professionals
When it comes to financial planning and analysis (FP&A) professionals understanding their organization, Peter Geiler, FP&A, has some simple advice: “You don’t want to look at one little piece of the pie.”
When it comes to financial planning and analysis (FP&A) professionals understanding their organization, Peter Geiler, FP&A, has some simple advice: “You don’t want to look at one little piece of the pie.”
02/18/2016
Treasury Controls: 4 Tips to Help You Put Them in Place
Treasury consultant Fiona Crisp shares four tips on implementing effective treasury controls, drawing from her experience as a corporate treasurer.
Treasury consultant Fiona Crisp shares four tips on implementing effective treasury controls, drawing from her experience as a corporate treasurer.
02/11/2016
Bank Services Billing Standards Group Shares Latest Update
The latest BSB Newsletter is out, covering bank services billing standard market adoption—ISO 20022, TWIST and AFP Global Service Codes.
The latest BSB Newsletter is out, covering bank services billing standard market adoption—ISO 20022, TWIST and AFP Global Service Codes.
02/10/2016
Supply Chain Finance: Building the Treasury Business Case
James Marshall, Virgin Media's head of treasury, shares tips on engaging stakeholders and the board in implementing a supply chain finance program.
James Marshall, Virgin Media's head of treasury, shares tips on engaging stakeholders and the board in implementing a supply chain finance program.
02/10/2016
The Bachelorette Effect: Selecting the Right TMS Vendor
When selecting a treasury workstation vendor, treasury’s ongoing relationship, post-selection, should factor heavily into that decision. Like all relationships, it takes work.
When selecting a treasury workstation vendor, treasury’s ongoing relationship, post-selection, should factor heavily into that decision. Like all relationships, it takes work.
02/08/2016
A Treasurer’s Guide to RFPs
Requests for Proposal (RFPs) are something that almost every treasury department has to deal with at some point.
Requests for Proposal (RFPs) are something that almost every treasury department has to deal with at some point.
02/08/2016
It’s Time for the FASB to Revisit FAS 52
Given the changes to treasury and technology over the past 30-plus years, it would be to companies’ benefit for the FASB to reopen FAS 52.
Given the changes to treasury and technology over the past 30-plus years, it would be to companies’ benefit for the FASB to reopen FAS 52.
02/05/2016
Why Four Companies Use Driver Based Modeling
To address CFOs’ demands, more FP&A teams are incorporating driver-based modeling into their methodology.
To address CFOs’ demands, more FP&A teams are incorporating driver-based modeling into their methodology.
02/04/2016
Six Tips to Improve Your Firm’s Capital Allocation Process
How can financial planning and analysis (FP&A) help make sure companies make the right investment choices?
How can financial planning and analysis (FP&A) help make sure companies make the right investment choices?
02/03/2016
Building a Finance Team from the Ground Up
When Johnnie Goodner, CTP, joined JP Energy Partners four years ago, there was no finance team in place. So he had to build one from the ground up.
When Johnnie Goodner, CTP, joined JP Energy Partners four years ago, there was no finance team in place. So he had to build one from the ground up.
02/01/2016
BEC Scams: Again, Your Cyber Insurance Won’t Cover Them
A Houston-based oil and energy company learned the hard way that cyber insurance does not cover business email compromise (BEC) scams—but they aren’t taking it lying down.
A Houston-based oil and energy company learned the hard way that cyber insurance does not cover business email compromise (BEC) scams—but they aren’t taking it lying down.
01/26/2016
8 Ways FP&A Professionals Can Enhance Business Collaboration
As financial planning and analysis professionals increasingly shift their attention from everyday budgeting and forecasting to more strategic duties, the need to build strong business partnerships within the organization is growing.
As financial planning and analysis professionals increasingly shift their attention from everyday budgeting and forecasting to more strategic duties, the need to build strong business partnerships within the organization is growing.
01/25/2016
Working Cross-Functionally: A Must for Finance Pros
For today’s financial planning and analysis (FP&A) professional, working cross-functionally is a key part of the job. Just ask Gaileon Thompson, CTP, FP&A.
For today’s financial planning and analysis (FP&A) professional, working cross-functionally is a key part of the job. Just ask Gaileon Thompson, CTP, FP&A.
01/22/2016
Ten Things FP&A Can Do to Help the M&A Process
Most FP&A teams are involved in M&A, often working both with the deals’ sponsors and senior management to assess business and financial assumptions. Here are 10 ways FP&A can improve their companies’ M&A process.
Most FP&A teams are involved in M&A, often working both with the deals’ sponsors and senior management to assess business and financial assumptions. Here are 10 ways FP&A can improve their companies’ M&A process.
01/21/2016
It’s Time for Treasury to Treat Banks Like Any Other Vendor
Understand the importance of treating banks as any other corporate vendor in the context of cash management services, eliminating unnecessary differentiation.
Understand the importance of treating banks as any other corporate vendor in the context of cash management services, eliminating unnecessary differentiation.
01/20/2016
New Advisory Council to Help Guide AFP’s FP&A Efforts
The new FP&A Advisory Council will aid AFP’s staff in understanding current and developing areas of focus pertinent to FP&A.
The new FP&A Advisory Council will aid AFP’s staff in understanding current and developing areas of focus pertinent to FP&A.
01/14/2016
Two Innovative Ways Treasurers Can Expand Their Role
If you’re like most ambitious treasury professionals, you want to grow your career, expand your areas of responsibilities, and prove you can make a bigger impact on your company. But how?
If you’re like most ambitious treasury professionals, you want to grow your career, expand your areas of responsibilities, and prove you can make a bigger impact on your company. But how?
01/13/2016
CTP Exam Tips: Handling the Three Question Levels
An important fact to keep in mind about the CTP Exam questions is that there are three levels: basic, intermediate, and advanced.
An important fact to keep in mind about the CTP Exam questions is that there are three levels: basic, intermediate, and advanced.
01/12/2016
Treasurers: Here Are Two Strategies for Paying Bank Fees
There are two strategies a treasury department can pursue when determining how to pay their bank fees—fee or balance compensation.
There are two strategies a treasury department can pursue when determining how to pay their bank fees—fee or balance compensation.
01/08/2016
Three Considerations for Your Hedging Program
Entering into a hedge is, in effect, a pricing decision; so, too, is the decision not to enter a hedge.
Entering into a hedge is, in effect, a pricing decision; so, too, is the decision not to enter a hedge.
01/05/2016
Seven Ways Finance Can Counter Forecast Bias
While more companies are trying to perfect the science of forecasting with techniques like driver-based modeling and technology, there’s one thing that stands in the way of making pure data-driven decisions: human nature.
While more companies are trying to perfect the science of forecasting with techniques like driver-based modeling and technology, there’s one thing that stands in the way of making pure data-driven decisions: human nature.
12/31/2015
CTP Exam Tips: Taking the Test
Prepare for the CTP exam with valuable tips for the final weeks of study and what to expect during that period, ensuring optimal readiness.
Prepare for the CTP exam with valuable tips for the final weeks of study and what to expect during that period, ensuring optimal readiness.
12/30/2015
Why Same-Day ACH Will Change the Billing Game
At Verizon, ACH is a reliable play for collecting payments. But sometimes customers don't choose this option, and payment becomes less consistent and certain. This is when speed becomes critical.
At Verizon, ACH is a reliable play for collecting payments. But sometimes customers don't choose this option, and payment becomes less consistent and certain. This is when speed becomes critical.
12/29/2015
Best Practices in Driver-Based Modeling
Explore the adoption of driver-based modeling (DBM) by FP&A teams as a response to market volatility and the need for improved planning processes.
Explore the adoption of driver-based modeling (DBM) by FP&A teams as a response to market volatility and the need for improved planning processes.
12/17/2015
How to Hedge Exposure to the South African Rand
South Africa has become an attractive market for companies. Given how volatile the South African Rand (ZAR) can be, the impact on a company with ZAR exposure can be significant.
South Africa has become an attractive market for companies. Given how volatile the South African Rand (ZAR) can be, the impact on a company with ZAR exposure can be significant.
12/17/2015
Business Forecasting: The Real Pathway Toward Accuracy
Forecasts deal with the future, and in particular, the future expectations of people. So forecasting is not a mathematical process; it is a matter of humanities.
Forecasts deal with the future, and in particular, the future expectations of people. So forecasting is not a mathematical process; it is a matter of humanities.
12/16/2015
Finance: A Strategic Partner to Operations
Financial planning and analysis groups are increasingly called on to help operations achieve better process efficiency and make better investment decisions.
Financial planning and analysis groups are increasingly called on to help operations achieve better process efficiency and make better investment decisions.
12/16/2015
CTP Exam Tips: Studying for the Test
So you’ve committed to taking the CTP exam and created a learning plan to get through the chapters of the AFP Treasury Learning System. Now what?
So you’ve committed to taking the CTP exam and created a learning plan to get through the chapters of the AFP Treasury Learning System. Now what?
12/11/2015
Corporates Move to Repos in Response to Negative Rates
The ECB's decision to push deposit rates even further into negative territory is making short-term investment alternatives such as repurchase agreements more attractive.
The ECB's decision to push deposit rates even further into negative territory is making short-term investment alternatives such as repurchase agreements more attractive.
12/10/2015
Receivables Financing: Eliminating the Pain for Treasurers
Financing receivables can be an arduous administrative exercise for corporates. Yet the days of such troubles may soon be at an end.
Financing receivables can be an arduous administrative exercise for corporates. Yet the days of such troubles may soon be at an end.
12/09/2015
BEC Scams: What Treasurers Need to Know
In the new Treasury in Practice Guide, AFP provides you with the tools you need to stop business email compromise (BEC) scams before they start.
In the new Treasury in Practice Guide, AFP provides you with the tools you need to stop business email compromise (BEC) scams before they start.
12/08/2015
3 Principles to Help Treasurers Manage Volatile Cash Flows
Managing a company with volatile cash flows presents unique challenges. There are three key principles that treasury must consider.
Managing a company with volatile cash flows presents unique challenges. There are three key principles that treasury must consider.
12/07/2015
Keys to Negotiating Credit Facilities
Gain valuable insights and tips on securing and negotiating credit facilities from treasury executives at the 2015 AFP Annual Conference.
Gain valuable insights and tips on securing and negotiating credit facilities from treasury executives at the 2015 AFP Annual Conference.
12/07/2015
KYC: An Invasion of Privacy for Treasury and Finance
Banks are going to extremes over KYC regulations. Corporate treasury and finance professionals obviously want to comply, but are banks going too far?
Banks are going to extremes over KYC regulations. Corporate treasury and finance professionals obviously want to comply, but are banks going too far?
12/04/2015
See what’s in store at the treasury and finance conference, AFP 2024, October 20-23, in Nashville. Download the brochure.