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AFP ‘Troubled’ Over Corporate Treasurers’ Lack Of FinTech Adoption

PYMNTS

Yet, a new report from the Association for Financial Professionals (AFP) warned of only minuscule adoption of these tools so far, a trend that analysts described as “troubling.” “These technologies are disrupting every organization, especially the finance function.

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AFP: Fraud is the biggest painpoint for accounts payables automation

Finextra

Kicking off the first day of AFP, the conference for finance and treasury professionals held in Nashville, Tennessee this year, Mike Watercott, CTP, working capital consultant, US Bank, led a discussion on striking the balance in payments with Andy Sullivan, vice president of channel sales, Bottomline and Cynthia MacGeagh, treasury manager, Clayton (..)

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Chase, AFP Applaud B2B’s Shrinking Check Use

PYMNTS

While more businesses are not only shifting away from paper, but operating with an embrace of digitization, the AFP and JPMorgan warned that checks remain popular and are far from being gone for good in the corporate payments ecosystem.

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

PYMNTS

In its report, TD Bank found that 58 percent of treasurers said they were optimistic about tax reform’s ability to positively impact their companies; more than a third said they expect the legislation to positively impact their companies’ finances in particular. The AFP again highlighted these tensions in its Q3 2017 report.

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Corporate Payments Fraud Jumps Despite Stronger Internal Controls

PYMNTS

While corporates are adopting stronger internal controls to combat the threat of payments fraud, new data from the Association for Financial Professionals (AFP) reveals the number of incidents has continued to climb to new heights. ”

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Treasurers Reveal Dismal Tech Adoption Rates

PYMNTS

A new report from the Association for Financial Professionals (AFP) found that only about a tenth of surveyed corporate treasurers are prepared for emerging technologies like blockchain and machine learning to disrupt the enterprise. That means RPA can handle simple, repetitive tasks as well as more complex tasks, the AFP explained.

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B2B Check Use Rising Despite Approach Of Same Day ACH

PYMNTS

For the 2016 AFP Electronic Payments Survey, released on Tuesday (Sept. “Treasury and finance professionals are indicating their support for Same Day ACH because they see the value that it brings to last-minute payments,” said AFP President and Chief Executive Jim Kaitz in a statement.