Articles
Using Psychology When Analyzing Financial Statements
Some of the more popular tools of financial analysis are financial statement ratios. But how can we add value to these ratios? One answer is to use psychology when analyzing financial statements.
Some of the more popular tools of financial analysis are financial statement ratios. But how can we add value to these ratios? One answer is to use psychology when analyzing financial statements.
05/16/2019
E-Invoicing Hasn’t Broken Through in the U.S., But It Should
E-invoicing is not a new concept, but it’s had some trouble catching on in the United States. But that could be on the cusp of changing.
E-invoicing is not a new concept, but it’s had some trouble catching on in the United States. But that could be on the cusp of changing.
05/13/2019
FinNext Recap: Three Big Takeaways for FP&A
FinNext 2019 is on the books but the two-day meeting for FP&A professionals still reverberates in my mind. There were so many great insights by so many people—attendees not just speakers—that I decided to put them all down in one document to collect my thoughts.
FinNext 2019 is on the books but the two-day meeting for FP&A professionals still reverberates in my mind. There were so many great insights by so many people—attendees not just speakers—that I decided to put them all down in one document to collect my thoughts.
05/08/2019
The Future of FP&A
FP&A teams have come a long way, but what changes can we expect to see in the future? There are at least five additional changes we’ll see in near future.
FP&A teams have come a long way, but what changes can we expect to see in the future? There are at least five additional changes we’ll see in near future.
05/08/2019
How We Can Survive Our Faster Future With Mindshift Speaker Joi Ito
Jim Kaitz spoke to Joi Ito for the AFP Conversations: Leadership Series podcast. Kaitz and Ito share a similar perspective on technology and its impact on society. Ito is co-author of "Whiplash: How to Survive Our Faster Future."
Jim Kaitz spoke to Joi Ito for the AFP Conversations: Leadership Series podcast. Kaitz and Ito share a similar perspective on technology and its impact on society. Ito is co-author of "Whiplash: How to Survive Our Faster Future."
05/07/2019
Study: U.S. Firms Amassed Cash at a Slower Pace in 1Q19
U.S. companies built their cash reserves and short-term investment holdings at a much slower pace in the first quarter of the year than in the last quarter of 2018, according to the AFP Corporate Cash Indicators®, underwritten by BMO.
U.S. companies built their cash reserves and short-term investment holdings at a much slower pace in the first quarter of the year than in the last quarter of 2018, according to the AFP Corporate Cash Indicators®, underwritten by BMO.
04/29/2019
Libor Fallback Language: What Treasurers Need to Know
Fallback language for the London Interbank Offered Rate (Libor) has been released. This language indicates the rate that corporates would fall back on, should Libor become unusable after 2021.
Fallback language for the London Interbank Offered Rate (Libor) has been released. This language indicates the rate that corporates would fall back on, should Libor become unusable after 2021.
04/25/2019
Accounts Receivable As An Asset: 4 Steps to Improve the Process
Accounts receivable (AR) as an asset is an important concept for treasury and payments professionals to understand. Improving AR can actually build cash reserves and help the organization better manage its money.
Accounts receivable (AR) as an asset is an important concept for treasury and payments professionals to understand. Improving AR can actually build cash reserves and help the organization better manage its money.
04/23/2019
Leading in a Complex World: 10 Lessons From Leadership Guru Chip Colbert
Being a leader is never easy, nor does it come easily. Here are 10 lessons from leadership guru Chip Colbert.
Being a leader is never easy, nor does it come easily. Here are 10 lessons from leadership guru Chip Colbert.
04/23/2019
FinNext Recap: FP&A in the Age of Disruption
Digital disruption took center stage at the recently concluded FinNext 2019 for FP&A practitioners. More than 300 attendees and a dozen exhibitors gathered to discuss the state of FP&A and how the profession can thrive amid transformative change driven primarily by new technology.
Digital disruption took center stage at the recently concluded FinNext 2019 for FP&A practitioners. More than 300 attendees and a dozen exhibitors gathered to discuss the state of FP&A and how the profession can thrive amid transformative change driven primarily by new technology.
04/22/2019
Open Banking in the UK and PSD2 in Europe: 4 Benefits for Treasurers
PSD2 is considered the foundation of open banking. Why is this important? Because it lays the groundwork for the banking changes that are happening today in Europe and what will soon happen in the rest of the world.
PSD2 is considered the foundation of open banking. Why is this important? Because it lays the groundwork for the banking changes that are happening today in Europe and what will soon happen in the rest of the world.
04/19/2019
PowerPivot and DAX: Business Intelligence for the People
PowerPivot and DAX are the business intelligence tools that give us control.
PowerPivot and DAX are the business intelligence tools that give us control.
04/15/2019
Survey: Treasurers Are Changing Operations to Obtain Financing
New research from the U.S. Chamber of Commerce revealed that although financing is generally available, many corporate treasurers have been forced to change how they operate to obtain it.
New research from the U.S. Chamber of Commerce revealed that although financing is generally available, many corporate treasurers have been forced to change how they operate to obtain it.
04/10/2019
Are Bots Part of the FP&A Team?
Are bots really part of the FP&A team, or are they just a tool like spreadsheet or an accounting system?
Are bots really part of the FP&A team, or are they just a tool like spreadsheet or an accounting system?
04/09/2019
Survey: Fraud Hits Record High, Impacts 82% of Businesses
Payments fraud continues to soar, as a record 82 percent of organizations reported incidents in 2018, according to the 2019 AFP Payments Fraud & Control Survey, underwritten by J.P. Morgan.
Payments fraud continues to soar, as a record 82 percent of organizations reported incidents in 2018, according to the 2019 AFP Payments Fraud & Control Survey, underwritten by J.P. Morgan.
04/09/2019
5 Questions for Cindy Rogers on Leveraging FP&A Consultants
After years as an employee,including being a direct report to the CFO, Cindy Rogers, FP&A, struck out on her own as an FP&A consulting professional.
After years as an employee,including being a direct report to the CFO, Cindy Rogers, FP&A, struck out on her own as an FP&A consulting professional.
04/02/2019
Survey: Cyberrisk Remains a Top Concern for Finance Pros
Cybersecurity is among the top risks that financial professionals cite as top areas of concern, according to the 2019 Risk Survey, supported by Marsh & McLennan Insights.
Cybersecurity is among the top risks that financial professionals cite as top areas of concern, according to the 2019 Risk Survey, supported by Marsh & McLennan Insights.
04/01/2019
What Does Worldpay’s Power Play Mean for Payments?
With a multibillion dollar acquisition and a partnership with the world’s largest retailer, payment processor Worldpay had a pretty good week. But what are the greater implications for the payments industry?
With a multibillion dollar acquisition and a partnership with the world’s largest retailer, payment processor Worldpay had a pretty good week. But what are the greater implications for the payments industry?
03/27/2019
Why Hasn’t Finance Embraced AI for Forecasting Yet?
Treasurers and CFOs will feel increasing pressure to adopt AI technologies, such as machine learning and big data analytics, to facilitate financial forecasts. Why isn’t this something that everyone is doing?
Treasurers and CFOs will feel increasing pressure to adopt AI technologies, such as machine learning and big data analytics, to facilitate financial forecasts. Why isn’t this something that everyone is doing?
03/21/2019
KYC Conundrum: Why Utilities Haven’t Fully Taken Off
During the latest meeting of AFP’s Treasury Advisory Group (TAG), treasury professionals voiced their dissatisfaction with banks’ know-you-customer (KYC) rule process.
During the latest meeting of AFP’s Treasury Advisory Group (TAG), treasury professionals voiced their dissatisfaction with banks’ know-you-customer (KYC) rule process.
03/19/2019
Navigating Digital Transformation: 5 Lessons From ABM CEO Scott Salmirs
How can finance executives navigate digital transformation? Here are five lessons about navigating digital transformation from ABM chief executive officer Scott Salmirs on AFP Conversations: Leadership Series podcast.
How can finance executives navigate digital transformation? Here are five lessons about navigating digital transformation from ABM chief executive officer Scott Salmirs on AFP Conversations: Leadership Series podcast.
03/12/2019
How Can Finance Measure Innovation? Here Are 13 Ideas.
Innovation is critical for organizations because it establishes a foundation for long-term survival. How can finance measure innovation? Simple—inspect what you expect.
Innovation is critical for organizations because it establishes a foundation for long-term survival. How can finance measure innovation? Simple—inspect what you expect.
03/07/2019
PSD2, APIs Could Offer Treasurers Big Payments Benefits
PSD2 has a lot to offer corporate treasury professionals, particularly when it comes to payments. Unfortunately, it hasn’t received a whole lot of attention in the United States—but that soon may change. And it needs to.
PSD2 has a lot to offer corporate treasury professionals, particularly when it comes to payments. Unfortunately, it hasn’t received a whole lot of attention in the United States—but that soon may change. And it needs to.
03/05/2019
The Future of FP&A: Two Ways to Take the Reins
In a recent survey, CFOs named the function of FP&A a top priority to transform and get more value from. That’s no surprise, because FP&A has been on the rise, driven by CFOs to become more strategic and a value-creating partner to the CEO.
In a recent survey, CFOs named the function of FP&A a top priority to transform and get more value from. That’s no surprise, because FP&A has been on the rise, driven by CFOs to become more strategic and a value-creating partner to the CEO.
03/04/2019
Libor Transition: 3 Ways Treasurers Can Address the Challenge
The Loan Syndications and Trading Association (LSTA) offered pieces of advice on the transition away from the London Interbank Offered Rate (Libor).
The Loan Syndications and Trading Association (LSTA) offered pieces of advice on the transition away from the London Interbank Offered Rate (Libor).
02/26/2019
Will SWIFT’S KYC Registry Be a Game Changer?
SWIFT will open its know-your-customer (KYC) repository to corporates later this year. But unless it has strong standards, it is unlikely that this platform will ease corporates’ frustrations with this process.
SWIFT will open its know-your-customer (KYC) repository to corporates later this year. But unless it has strong standards, it is unlikely that this platform will ease corporates’ frustrations with this process.
02/25/2019
Improving Cross-Border Payments: 6 Questions Treasurers Should Ask
Improving cross-border payments is a priority for many treasurers. Here are six questions to ask to help you improve your cross-border payments.
Improving cross-border payments is a priority for many treasurers. Here are six questions to ask to help you improve your cross-border payments.
02/14/2019
Want to Switch From Accounting to FP&A? Read This.
FP&A is growing more attractive to accountants. So how can you switch from accounting to FP&A?
FP&A is growing more attractive to accountants. So how can you switch from accounting to FP&A?
02/12/2019
How to Create Autoregressive Integrated Moving Average (ARIMA) Models
Statistical tools are gaining in importance as the volume, variety, and velocity of data increases. Here is how to create an autoregressive integrated moving average (ARIMA) model.
Statistical tools are gaining in importance as the volume, variety, and velocity of data increases. Here is how to create an autoregressive integrated moving average (ARIMA) model.
02/06/2019
Libor Transition: Replacements Begin Addressing Cash Products
The Libor transition continues, with replacements starting to address cash products. These risk-free rates, or RFRs, offer benefits and challenges.
The Libor transition continues, with replacements starting to address cash products. These risk-free rates, or RFRs, offer benefits and challenges.
02/06/2019
How Will Blockchain Impact the Future of Treasury?
The impact of blockchain is only beginning to be felt throughout organizations. How will blockchain impact the future of treasury? Andy Fately shares his thoughts.
The impact of blockchain is only beginning to be felt throughout organizations. How will blockchain impact the future of treasury? Andy Fately shares his thoughts.
02/04/2019
IRS Issues New Regulations Clarifying Corporate Tax Reform
Corporate tax reform was a major victory for treasury and finance in 2018. Even so, more guidance was needed to help practitioners apply the changes. Now, the IRS has issued new regulations clarifying corporate tax reform.
Corporate tax reform was a major victory for treasury and finance in 2018. Even so, more guidance was needed to help practitioners apply the changes. Now, the IRS has issued new regulations clarifying corporate tax reform.
02/04/2019
FinNext 2019: Building a Top-Performing, Global FP&A Team
It’s not easy to build a high-performing FP&A team that operates on a global scale. Here’s what FP&A can do to structure an effective analytical team that operates internationally.
It’s not easy to build a high-performing FP&A team that operates on a global scale. Here’s what FP&A can do to structure an effective analytical team that operates internationally.
02/01/2019
Treasurer Q&A: Stephen Hogan of Deutsche Post DHL-Asia Pacific
To better understand how one Asia Pacific finance leader handles today's challenges, AFP spoke to Stephen Hogan, Vice President Regional Treasury Asia Pacific at Deutsche Post DHL.
To better understand how one Asia Pacific finance leader handles today's challenges, AFP spoke to Stephen Hogan, Vice President Regional Treasury Asia Pacific at Deutsche Post DHL.
02/01/2019
FinNext 2019: What Does Disruption Mean for FP&A?
Bryan Lapidus, FP&A, Director, FP&A Practice for AFP, discusses how the FinNext 2019 will explore the next generation of tools that finance professionals can be using, including predictive analytics and artificial intelligence (AI).
Bryan Lapidus, FP&A, Director, FP&A Practice for AFP, discusses how the FinNext 2019 will explore the next generation of tools that finance professionals can be using, including predictive analytics and artificial intelligence (AI).
01/29/2019
Study: U.S. Firms Signal They May Deploy Cash in Q1 2019
Financial professionals anticipate deploying cash in the first quarter of 2019 in the form of capital expenditures, share buybacks, dividends and debt payments, according to the AFP Corporate Cash Indicators®.
Financial professionals anticipate deploying cash in the first quarter of 2019 in the form of capital expenditures, share buybacks, dividends and debt payments, according to the AFP Corporate Cash Indicators®.
01/28/2019
Reb Rebele Explains Why FP&A Can’t Get Its Work Done
Why is it so hard to collaborate in today’s workplace? Reb Rebele explains why FP&A workers can’t get their work done.
Why is it so hard to collaborate in today’s workplace? Reb Rebele explains why FP&A workers can’t get their work done.
01/25/2019
APIs: The Search for Ubiquity and Standardization
The new AFP Payments Guide, underwritten by MUFG Union Bank, explores why APIs can and will be so useful for corporate treasury professionals.
The new AFP Payments Guide, underwritten by MUFG Union Bank, explores why APIs can and will be so useful for corporate treasury professionals.
01/24/2019
Digital Readiness: Finance Pros Are Above Average
Bryan Lapidus, FP&A, Director, FP&A Practice for AFP, discusses AFP's Personal Digital Readiness Survey.
Bryan Lapidus, FP&A, Director, FP&A Practice for AFP, discusses AFP's Personal Digital Readiness Survey.
01/22/2019
AFP Liquidity Survey: Repatriated Earnings
Though the 2018 AFP Liquidity Survey projected about $3 trillion returning to the United States, only about $500 billion has come back so far.
Though the 2018 AFP Liquidity Survey projected about $3 trillion returning to the United States, only about $500 billion has come back so far.
01/18/2019
