Articles
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
AFP Survey: Financial Pros’ Salaries Continue to Increase
For two years in a row, treasury and finance professionals have seen an increase in pay. The AFP 2015 Compensation Survey found that financial professionals received a 4.1 percent gain in their base salaries during 2014, an increase from the 3.8 percent increase in 2013.
For two years in a row, treasury and finance professionals have seen an increase in pay. The AFP 2015 Compensation Survey found that financial professionals received a 4.1 percent gain in their base salaries during 2014, an increase from the 3.8 percent increase in 2013.
10/07/2015
Get Real: Seven Tips for Hedging the Brazilian Currency
The rapid decline in the Brazilian real’s value means that many corporate treasurers will need to rethink their hedging strategies.
The rapid decline in the Brazilian real’s value means that many corporate treasurers will need to rethink their hedging strategies.
10/06/2015
Survey: Costs, Efficiency Driving Treasurers to E-Payments
Explore the findings of the 2015 AFP Payments Cost Benchmarking Survey, underwritten by Bottomline Technologies, highlighting the transition from checks to electronic payments in B2B transactions.
Explore the findings of the 2015 AFP Payments Cost Benchmarking Survey, underwritten by Bottomline Technologies, highlighting the transition from checks to electronic payments in B2B transactions.
10/06/2015
Bank Relationship Management: Feedback is a Two-Way Street
One message was clear during a panel discussion on corporate-bank relationships at the Eurofinance International Cash and Treasury Management conference—transparency is paramount.
One message was clear during a panel discussion on corporate-bank relationships at the Eurofinance International Cash and Treasury Management conference—transparency is paramount.
09/28/2015
Cash Flow At Risk: Better Visibility, Better Planning
Cash flow at risk can be defined as the extent to which future cash flows may fall short of expectations as a consequence of changes in market variables.
Cash flow at risk can be defined as the extent to which future cash flows may fall short of expectations as a consequence of changes in market variables.
09/25/2015
Cash Forecasting Has Evolved. Are You Ready?
AFP’s latest Treasury in Practice guide focuses on cash forecasting, which has evolved considerably in recent years.
AFP’s latest Treasury in Practice guide focuses on cash forecasting, which has evolved considerably in recent years.
09/25/2015
Adapt or Die: How Treasury Can Respond to Change
Part of being a treasurer is being able to adapt to change. During a recent panel session, executives from major companies provided ways to respond to big changes.
Part of being a treasurer is being able to adapt to change. During a recent panel session, executives from major companies provided ways to respond to big changes.
09/24/2015
What Are the Alternatives to Check Signatures?
Recently on AFP’s discussion boards, treasury and finance professionals discussed check signatures.
Recently on AFP’s discussion boards, treasury and finance professionals discussed check signatures.
09/24/2015
Performance Measurement: Key to Treasury’s Strategic Journey
Treasurers committed to becoming a strategic partner to their organization need to measure their performance internally and externally to arrive at a balanced assessment.
Treasurers committed to becoming a strategic partner to their organization need to measure their performance internally and externally to arrive at a balanced assessment.
09/23/2015
What Treasurers Need to Know When Choosing a TMS
Treasurers evaluating competing treasury management system (TMS) offerings should note that the detailed definitions in use vary across the vendor community.
Treasurers evaluating competing treasury management system (TMS) offerings should note that the detailed definitions in use vary across the vendor community.
09/22/2015
Winter is Coming: Review Your Treasury Policy
With volatility in the currency and debt capital markets, it would be a wise move to dust off that treasury policy.
With volatility in the currency and debt capital markets, it would be a wise move to dust off that treasury policy.
09/18/2015
The FBAR Food Chain: Who Has Signature Authority?
Treasurers are intensely focused on Foreign Bank Account Reporting (FBAR), and one area that is particularly of concern is exactly which individuals have signature authority, meaning that they need to file an FBAR after making a payment.
Treasurers are intensely focused on Foreign Bank Account Reporting (FBAR), and one area that is particularly of concern is exactly which individuals have signature authority, meaning that they need to file an FBAR after making a payment.
09/17/2015
Treasury: The Ideal Enterprise Risk Management Leader
Treasury’s role as the authority on enterprise risk management (ERM) is becoming increasingly important. The volatility in stock, FX and commodity markets, plus diverse expectations about the future interest rate environment, are key reasons why companies must take a more holistic view of risk.
Treasury’s role as the authority on enterprise risk management (ERM) is becoming increasingly important. The volatility in stock, FX and commodity markets, plus diverse expectations about the future interest rate environment, are key reasons why companies must take a more holistic view of risk.
09/17/2015
How Rolling Forecasts Can Integrate Business Processes
Involving executives from different groups in the rolling forecast process helps integrate business operations.
Involving executives from different groups in the rolling forecast process helps integrate business operations.
09/16/2015
Business Financial Reports: How Should They Look?
Financial reports often do not get the message across to the decision-makers. The International Business Communication Standards (IBCS) might be able to fix all of that.
Financial reports often do not get the message across to the decision-makers. The International Business Communication Standards (IBCS) might be able to fix all of that.
09/16/2015
New AFP Guide Helps Treasurers Evaluate TMS
Evaluate treasury management systems (TMS) effectively using the 2015 AFP Buyer's Guide. Benefit from corporate practitioners' experiences.
Evaluate treasury management systems (TMS) effectively using the 2015 AFP Buyer's Guide. Benefit from corporate practitioners' experiences.
09/14/2015
5 Reasons to Build a Strong FP&A Unit
At the heart of sound business decision-making is a strong FP&A function. Here are five reasons why a strong FP&A bench is a must for any organization focusing on economic growth.
At the heart of sound business decision-making is a strong FP&A function. Here are five reasons why a strong FP&A bench is a must for any organization focusing on economic growth.
09/03/2015
Market Volatility: Driving Interest in Rolling Forecasts
Market volatility highlights the importance of rolling forecasts. Adopt a dynamic forecasting approach beyond the fiscal year.
Market volatility highlights the importance of rolling forecasts. Adopt a dynamic forecasting approach beyond the fiscal year.
09/02/2015
BEC Scams: A $1.2 Billion Threat to Treasury & Finance
Discover the threat posed by business email compromise (BEC) scams, leading to significant financial losses for treasury and finance professionals.
Discover the threat posed by business email compromise (BEC) scams, leading to significant financial losses for treasury and finance professionals.
08/31/2015
4 Ways to Grow the Business in Times of Capital Constraint
Discover four ways to grow your business in times of capital constraint, emphasizing operational excellence, storytelling, and flexibility.
Discover four ways to grow your business in times of capital constraint, emphasizing operational excellence, storytelling, and flexibility.
08/31/2015
10 Crucial Skills All FP&A Professionals Must Possess
The financial planning and analysis (FP&A) role is quickly evolving. According to many experts, there are 10 critical skills FP&A professionals must possess.
The financial planning and analysis (FP&A) role is quickly evolving. According to many experts, there are 10 critical skills FP&A professionals must possess.
08/28/2015
RMB Internationalization: How Treasurers Stand to Gain
European treasurers have much to gain from renminbi internationalization—if they can cope with a volatile currency.
European treasurers have much to gain from renminbi internationalization—if they can cope with a volatile currency.
08/28/2015
How NGO Treasury Functions Manage Currency Risk
Non-governmental organizations (NGOs) face added complexities in managing currency risk amidst U.S. dollar strengthening.
Non-governmental organizations (NGOs) face added complexities in managing currency risk amidst U.S. dollar strengthening.
08/26/2015
The Point of Business Planning, Budgeting and Forecasting
The planning, budgeting and forecasting (PBF) process is a finance department function that is time consuming, often misunderstood, and generally disliked. So, why is it needed and what is it supposed to accomplish? The answer varies depending on who you are talking to and to what aspect of PBF you are referring to.
The planning, budgeting and forecasting (PBF) process is a finance department function that is time consuming, often misunderstood, and generally disliked. So, why is it needed and what is it supposed to accomplish? The answer varies depending on who you are talking to and to what aspect of PBF you are referring to.
08/25/2015
The Business Case for Zero-Based Budgeting in Manufacturing
Discover the business case for zero-based budgeting in manufacturing, particularly in managing warranty-related expenditures for U.S.-based product manufacturers.
Discover the business case for zero-based budgeting in manufacturing, particularly in managing warranty-related expenditures for U.S.-based product manufacturers.
08/24/2015
Components of Effective Capex Management
Treasury departments expand their focus to include capital deployment alongside capital markets, cash management, and risk management.
Treasury departments expand their focus to include capital deployment alongside capital markets, cash management, and risk management.
08/21/2015
Implementation & Centralization: Why Cigna Adopted SWIFT
Scott Lambert, treasury senior director for global health service organization Cigna, provided AFP with a glimpse into how implementing SWIFT is helping his organization handle international payments and centralize treasury operations.
Scott Lambert, treasury senior director for global health service organization Cigna, provided AFP with a glimpse into how implementing SWIFT is helping his organization handle international payments and centralize treasury operations.
08/21/2015
FP&A: Creating Value Through Insight
Uncertainty is becoming the norm, and companies are struggling to be nimble. How can FP&A professionals help their companies navigate these uncertain times?
Uncertainty is becoming the norm, and companies are struggling to be nimble. How can FP&A professionals help their companies navigate these uncertain times?
08/19/2015
4 Key Tips for Treasury as its Role Continues to Expand
The financial crisis had an impact on corporate treasury in terms of increased responsibilities and higher expectations. Treasury is now more likely to be consulted on strategic issues, which means that the required skillset has to be broader.
The financial crisis had an impact on corporate treasury in terms of increased responsibilities and higher expectations. Treasury is now more likely to be consulted on strategic issues, which means that the required skillset has to be broader.
08/18/2015
Treasurer’s Choice: Alliance Lite2 or SWIFT Service Bureaus?
Explore the advantages of adopting Alliance Lite2 (AL2) and Alliance Remote Gateway (ARG) from SWIFT, as corporate treasury departments make their choice.
Explore the advantages of adopting Alliance Lite2 (AL2) and Alliance Remote Gateway (ARG) from SWIFT, as corporate treasury departments make their choice.
08/17/2015
How to Develop a Risk-Based Debt Covenant Checklist
As many treasury and finance professionals will attest, organizing covenants by the legal categories of affirmative, negative, financial and nonfinancial is not very helpful. A better approach is to classify covenants by lender objective and risk.
As many treasury and finance professionals will attest, organizing covenants by the legal categories of affirmative, negative, financial and nonfinancial is not very helpful. A better approach is to classify covenants by lender objective and risk.
08/14/2015
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