article thumbnail

Finance Professionals Enjoyed the Largest Salary Increase in 10 Years in 2021

The Finance Weekly

The Association for Finance Professionals (AFP) , Compensation Survey was conducted in February, 2022 and is based on data from 1,910 financial professionals compiling data in relation to total compensation earned during the 2021 calendar year. These statistics are not exclusive to the AFP survey.

AFP 130
article thumbnail

From Paper Checks to FinTech: How to Streamline Your B2B Payments

Evolve Payment

An industry survey by the Association for Financial Professionals (AFP) found that check usage for business-to-business (B2B) payments declined to an all-time low of 33% in 2022. Over half of all AFP survey respondents considered speed the most important factor when choosing a payment method. A study by U.S.

B2B 81
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Treasury Is Becoming More Strategic — And Treasurers Know It

PYMNTS

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.

article thumbnail

How Half Of Corporate Treasurers Are Getting Left Behind

PYMNTS

Nearly half of the companies surveyed by the Association for Financial Professionals (AFP) and Bloomberg aren’t using a treasury management system. Despite the longevity,” AFP said in its announcement, “treasury professionals make efforts to ensure that their organizations use the most recent version of their TMS.”

article thumbnail

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

PYMNTS

Separate analysis from the Association for Financial Professionals (AFP), also released last year, further emphasized the shifting role of treasury, with 80 percent of treasurers surveyed agreeing that the position is playing a more strategic role than it did three years ago — and will continue to do so moving forward.

AFP 46
article thumbnail

Unlocking Paper Checks’ Potential With APIs

PYMNTS

What we’re seeing now is a strong demand for mobile RDC,” said Ballagh, adding that for a mobile RDC solution to really gain traction, it needs to have all the same capabilities of a desktop solution. According to the AFP, 71 percent of businesses have experienced actual or attempted check fraud. This is where API technology comes in.

RDC 77
article thumbnail

Tracking Treasurers’ Progress In Handling Greater Corporate Responsibilities

PYMNTS

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. But just because treasurers are held to a higher standard doesn’t mean they’re meeting those standards quite yet. Progress Ahead.