Companies Turn to Bank Deposits in COVID-19 Crisis
Even in the early days of the COVID-19 crisis, companies were holding their short-term investments in banks due to concerns over the economy, according to the 2020 AFP Liquidity Survey, underwritten by Invesco.
06/23/2020
Mainstreaming Risk in Routine Processes
Trends in risk management bring FP&A; and risk closer together. Some organizations, like Abt Associates, integrate risk management across their entire business.
06/16/2020
Libor Update: New SOFR Guidance, Fed Comments on Ameribor
The Federal Reserve’s Alternative Reference Rates Committee (ARRC) has released new guidance on transitioning away from Libor to SOFR. But while SOFR is the Fed’s preferred successor, Chairman Jerome Powell indicated that Ameribor also has a future as an alternative rate.
06/09/2020
Reducing DSO: Know Your Customer
Third-party solutions can greatly reduce days sales outstanding (DSO), but the customer and the vendor need to be on the same page.
06/02/2020
COVID-19 Survey: How FP&A Will Change
This final article in the FP&A; COVID-19 Survey series takes a look ahead and asks the FP&A; community, “Once this crisis ends, what do you believe FP&A; will be doing differently?”
05/28/2020
COVID-19 Survey: FP&A Recognizes the Need for BCP
AFP’s recent FP&A; COVID-19 Survey highlighted the importance of having a strong business continuity plan (BCP) in place. Of those respondents, 80% said their BCP was either effective or highly effective.
05/28/2020
Reducing DSO Through New Technology
The days sales outstanding (DSO) metric may regain prominence as companies face new challenges in terms of collecting payments. Recent advancements in technology can help.
05/12/2020
The Power of Diversity in Finance
In a FinNext 2020 Virtual Series webinar, panelists provided actionable insights towards establishing a culture and policies that support a diverse workplace.
05/12/2020
Tony Hawk: Perseverance Makes Perfect
In an interview with AFP CEO Jim Kaitz, skateboarding legend, entrepreneur and philanthropist Tony Hawk explains how perseverance and authenticity kept him going throughout his career.
05/12/2020
How to Job Search in the Coronavirus Environment
Bryan Lapidus, FP&A;, Director of the FP&A; Practice at AFP, and Constance Moonzwe, Executive Director of RSMC Services, discuss how financial professionals can search for jobs in the current environment.
04/24/2020
Key Challenges to Planning System Implementation
During a FinNext Virtual Series roundtable, sponsored by QueBIT, finance practitioners discussed their struggles to move up the technology ladder. They also weighed in on whether organizations are continuing implementations amid the coronavirus pandemic.
04/20/2020
Selecting a Cash Forecasting Methodology
Identifying the information sources that are available as input to the cash flow forecast can help determine the methodology used to build the forecast. Typically, short-term cash flow forecasts are built using one of three different methods.
04/15/2020
Treasury Tips: Doing Business in New Territories
The 2020 AFP Asia-Pacific Treasury Management Handbook, sponsored by Kyriba, explores some of the vital treasury elements that enable a company to begin doing business in a new country.
04/15/2020
BEC Scams Poised to Surge in Coronavirus Crisis
As the coronavirus pandemic continues to cause turmoil and anguish across the globe, fraudsters are taking advantage. One type of fraud that has seen significant activity is the business email compromise (BEC) scam.
04/14/2020
What COVID-19 Is Telling FP&A About Skills
Bryan Lapidus, FP&A;, Director of the FP&A; Practice at AFP, and Constance Moonzwe, Executive Director of RSMC Services, discuss FP&A; skills that matter the most in the current environment.
04/09/2020
The View from the Risk Office
Bryan Lapidus, FP&A;, Director of the FP&A; Practice at AFP, and Ted Carter, Interim Chief Risk Officer for T. Rowe Price, discuss how the risk office is working with finance.
04/08/2020
Survey: BEC Is the Leading Cause of Fraud Attempts
Business email compromise (BEC) was the largest reported source of attempted or actual payments fraud attacks last year, according to the 2020 AFP Payments Fraud and Control Survey, underwritten by J.P. Morgan.
04/07/2020
Scenario Planning in Times of Uncertainty, Part 2
In the second part of this special interview, Bryan Lapidus, FP&A;, Director of the FP&A; Practice at AFP, discusses scenario planning in times of crisis with Jack Alexander, CFO, Author, Coach and Founder of Jack Alexander and Associates, LLC.
04/07/2020
FP&A and Accounting: Working Together in a Crisis
Bryan Lapidus, FP&A;, Director of the FP&A; Practice at AFP, discusses how FP&A; and accounting can work together in times of crisis with Gabe Zubizarreta, CEO of Silicon Valley Accountants.
04/06/2020
Scenario Planning in Times of Uncertainty, Part 1
Bryan Lapidus, FP&A;, Director of the FP&A; Practice at AFP, discusses scenario planning in times of crisis with Jack Alexander, CFO, Author, Coach and Founder of Jack Alexander and Associates, LLC.
04/02/2020
Rapid Planning in a Crisis
Bryan Lapidus, FP&A;, Director of the FP&A; Practice at AFP, discusses rapid planning in times of crisis with Larry Maisel, President and Founder of DecisionVu Analytics.
03/31/2020
What Use Is the Budget Now?
The finance community sounds off on how virtually everyone has thrown their budget out the window.
03/30/2020
Rapid Business Continuity Assessment in FP&A
Bryan Lapidus, FP&A;, Director of the FP&A; Practice at AFP, discusses business continuity assessment and planning with Ken Fick, Director, Strategy and Transformation with MorganFranklin Consulting.
03/30/2020
Cash Forecasting in a Crisis
Tom Hunt, CTP, AFP's Director of Treasury Services, discusses how treasury teams can manage their cash in a crisis with Mark Webster, Partner with Treasury Alliance Group.
03/27/2020
Ditch the Budget and Manage Through Target Settings
Bryan Lapidus, FP&A;, Director of the FP&A; Practice at AFP, and Steve Player, Managing Director of Live Future Ready, discuss what FP&A; organizations need to do now that they've had to ditch the budget entirely.
03/27/2020