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Tax Reform Not Enough To Convince Corporates To Spend, AFP Finds

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. “The Tax Cuts and Jobs Act implementation could cause businesses to have extra capital to deploy, but it is even more encouraging that organizations expect to have cash on hand through the normal course of business in the coming year,” said TD Bank’s manager of treasury management sales, Tom Gregory, in a statement at the time.

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Treasurers Understand — But Aren’t Living Up To — Rising CFO Expectations

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A new report from treasury management technology firm Kyriba and CFO Research Services offered CFOs a chance to lay out their wish lists for their treasurer peers, with chief financial officers pushing the treasury function to embrace a more prominent role.

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Treasury Is Becoming More Strategic — And Treasurers Know It

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New research from the Association for Financial Professionals (AFP) released Monday (May 22) found 80 percent of corporate treasurers agree the role has become more strategic in the last three years. The same amount of survey respondents also said the role of the treasury department will continue to devolve and become even more strategic.

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Amid Market Changes, Treasurers Lean On Their Banks

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The findings were detailed in the latest 2016 AFP Liquidity Survey , underwritten by State Street Global Advisors (SSGA). “Bank relationships continue to grow in level of strategic importance for organizations,” said AFP CEO and President Jim Kaitz in a statement. The report was published on Tuesday (July 12).

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Tracking Treasurers’ Progress In Handling Greater Corporate Responsibilities

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In their Strategic Role of Treasury Survey , the AFP and Marsh & McLennan identified the forces pressing companies to shift the treasury department into a more strategic position. As corporates and the treasurers themselves examine the issue, a new report from Marsh & McLennan Cos.,

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Don’t Write Off The Paper Check Just Yet

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Superior Press , a treasury management solution provider for commercial banks, is acting on that need. Separate data from the Association for Financial Professionals (AFP) found use of the paper check increased in 2016. banking system, too,” the executive continued, adding that the U.S.

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CFOs Failing Their Boards In Fraud, Risk Management

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Corporate treasury is now more strategic for the enterprise, meaning chief financial officers and treasurers must be close-knit with their organizations’ boards of directors. Beyond fraud management, Kyriba identified several areas in which boards are eager to collaborate with CFOs and gain their expertise. The Data Connection.