Articles
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
Driver-Based Models: Defining the Mathematical Link
Learn about driver-based models and their role in expressing the mathematical link between key business drivers and financial performance.
Learn about driver-based models and their role in expressing the mathematical link between key business drivers and financial performance.
12/04/2015
Forecasting Tomorrow: 3 Challenges FP&A will Face in 2016
Explore the challenges that FP&A professionals will face in the areas of forecasting, business partnership, and talent management in the upcoming year.
Explore the challenges that FP&A professionals will face in the areas of forecasting, business partnership, and talent management in the upcoming year.
12/03/2015
A CFO’s Lament: ‘The 5 Mistakes I Would Not Repeat’
The best companies reward employees who share their mistakes, so that others don’t commit the same errors. You first need to make mistakes to learn from them.
The best companies reward employees who share their mistakes, so that others don’t commit the same errors. You first need to make mistakes to learn from them.
12/02/2015
CTP Exam Tips: Laying the Groundwork
When studying for the CTP Exam, it is crucial to create a plan of attack.
When studying for the CTP Exam, it is crucial to create a plan of attack.
12/02/2015
Dividend or Not? A Collaboration Between FP&A and Treasury
Oil companies insist on keeping their dividends untouched, despite a mega drop in their earnings. With investors reeling, at least this way they get income from their holdings.
Oil companies insist on keeping their dividends untouched, despite a mega drop in their earnings. With investors reeling, at least this way they get income from their holdings.
11/30/2015
EMIR Swap Requirements: Corporates Coalesce to Make Change
Stay informed about the concerns expressed by multinational corporations regarding current swap regulations and the potential elimination of their clearing exemption.
Stay informed about the concerns expressed by multinational corporations regarding current swap regulations and the potential elimination of their clearing exemption.
11/30/2015
Driver-Based Modeling: How to Build the Perfect Relationship
A driver-based model is only as good as the relationship between the input and the outcome. More companies are adopting this approach in their forecasting and planning processes.
A driver-based model is only as good as the relationship between the input and the outcome. More companies are adopting this approach in their forecasting and planning processes.
11/30/2015
Today’s Treasurer: The ‘Co-CFO’
Today's treasurers are required to work across all areas of the business—in a sense, acting like an alternate chief financial officer.
Today's treasurers are required to work across all areas of the business—in a sense, acting like an alternate chief financial officer.
11/24/2015
Accounting Challenges for Nonprofit Treasury and Finance
Treasury and finance professionals for nonprofits have to work with stakeholders who are often far more active and diverse than corporate stakeholders.
Treasury and finance professionals for nonprofits have to work with stakeholders who are often far more active and diverse than corporate stakeholders.
11/24/2015
Case Study: A True Global Notional Cash Pool
Discover how Marsh & McLennan Companies implemented a global multicurrency notional cash pool to centralize treasury management and enhance cash efficiency.
Discover how Marsh & McLennan Companies implemented a global multicurrency notional cash pool to centralize treasury management and enhance cash efficiency.
11/24/2015
How One Tech Giant Revamped its Treasury Infrastructure
With multiple bank accounts and treasury outposts, South African tech giant Altron knew it needed to change its treasury operating model.
With multiple bank accounts and treasury outposts, South African tech giant Altron knew it needed to change its treasury operating model.
11/23/2015
Negotiating Credit Agreements: Tips from Scotts Miracle-Gro
Scotts Miracle-Gro's assistant treasurer offers some best practices for negotiating and complying with credit agreements.
Scotts Miracle-Gro's assistant treasurer offers some best practices for negotiating and complying with credit agreements.
11/23/2015
How Hilton Improved its Liquidity Forecasting Capabilities
Learn how Hilton Worldwide improved its liquidity forecasting capabilities and won AFP's 2015 Pinnacle Grand Prize.
Learn how Hilton Worldwide improved its liquidity forecasting capabilities and won AFP's 2015 Pinnacle Grand Prize.
11/20/2015
Q&A: Overcoming Challenges of a New Treasury Position
Ferdinand Jahnel, CTP, discusses the challenges of his new treasury position at Marsh & McLennan Companies Inc.
Ferdinand Jahnel, CTP, discusses the challenges of his new treasury position at Marsh & McLennan Companies Inc.
11/18/2015
Netting, Pooling & In-House Banking: Best Practices
The new CTC Guide focuses on techniques that can improve the use of liquidity across a multinational organization. It examines the core liquidity management techniques of netting and pooling and identifies how to determine their appropriate use.
The new CTC Guide focuses on techniques that can improve the use of liquidity across a multinational organization. It examines the core liquidity management techniques of netting and pooling and identifies how to determine their appropriate use.
11/17/2015
Finance Talent: 7 Challenges FP&A Practitioners Must Conquer
Learn about talent management in financial planning and analysis through a workshop at the SAP Conference for Financial Planning, Consolidation, and Control.
Learn about talent management in financial planning and analysis through a workshop at the SAP Conference for Financial Planning, Consolidation, and Control.
11/16/2015
3 Keys to Building an FP&A Dashboard
With FP&A handling more and richer data, the onus is on practitioners to pick and choose the right information and present it in the right way to senior management.
With FP&A handling more and richer data, the onus is on practitioners to pick and choose the right information and present it in the right way to senior management.
11/09/2015
How Shell Maximizes Collateral Using Tri-Party Repos
One important and well-used product in Shell’s cash investment suite has been tri-party repo.
One important and well-used product in Shell’s cash investment suite has been tri-party repo.
11/06/2015
FP&A: Building a Budgeting and Forecasting Process
In the latest FP&A newsletter, we look back at some of the best moments of the financial planning analysis (FP&A) track at the 2015 AFP Annual Conference.
In the latest FP&A newsletter, we look back at some of the best moments of the financial planning analysis (FP&A) track at the 2015 AFP Annual Conference.
11/05/2015
Best Practices: Negotiating a Credit Facility
With the prospects of higher interest rates and Basel III regulations around the corner, more banks are encouraging their corporate clients to renegotiate their credit facilities.
With the prospects of higher interest rates and Basel III regulations around the corner, more banks are encouraging their corporate clients to renegotiate their credit facilities.
11/04/2015
Video: Treasury's Role in Risk Management
Saif Ashraf from Google discusses treasury's role in risk management, future concerns, and investment influences.
Saif Ashraf from Google discusses treasury's role in risk management, future concerns, and investment influences.
11/03/2015
Case Study: How FP&A at Molson Coors Influences Change
At beer giant Molson Coors, the biggest challenge the financial planning and analysis team faces is understanding how information can be used to influence change, noted Christine Watkins, vice president of FP&A.
At beer giant Molson Coors, the biggest challenge the financial planning and analysis team faces is understanding how information can be used to influence change, noted Christine Watkins, vice president of FP&A.
11/03/2015
Hiring FP&A Professionals? Here Are Eight Traits to Pursue
Understand the difficulties faced by finance executives in hiring financial planning and analysis (FP&A) professionals, with over 70% finding it challenging to fill such positions.
Understand the difficulties faced by finance executives in hiring financial planning and analysis (FP&A) professionals, with over 70% finding it challenging to fill such positions.
10/27/2015
Blockchain: The Key to Faster Payments Reconciliation?
Many banks and even corporates are now looking at how they might be able to implement blockchain technology for their own purposes.
Many banks and even corporates are now looking at how they might be able to implement blockchain technology for their own purposes.
10/15/2015
Cash Flow Hedges: Treasury Should Use Performance Metrics
In this time of extreme currency market volatility, it’s especially important for treasury to show that its FX risk management program adds value to the organization. And nowhere is that more critical than in cash flow hedging.
In this time of extreme currency market volatility, it’s especially important for treasury to show that its FX risk management program adds value to the organization. And nowhere is that more critical than in cash flow hedging.
10/07/2015
Basel III: No Notional Pooling for New Bank Clients?
As more nations adopt their own versions of Basel III, the future of notional pooling is continually being called into question. Treasurers need to be ready.
As more nations adopt their own versions of Basel III, the future of notional pooling is continually being called into question. Treasurers need to be ready.
10/07/2015
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.