More NewsAFP Releases Results of Inaugural Treasury Benchmarking Programme

AFP Releases Results of Inaugural Treasury Benchmarking Programme

The Association for Financial Professionals (AFP), in conjunction with IBM and Deutsche Bank, released the results of the first in a series of treasury benchmarking surveys comparing the performance of organisations’ treasury operations against those of their peers. Over 400 AFP professionals received customised benchmarking reports comparing their companies’ operations with those of their relevant peer group, as well as with all other study participants. AFP president and CEO, Jim Kaitz, said “The treasury profession plays a major strategic role within organisations, and these benchmarking surveys provide treasury and finance professionals with measures for comparing business entities’ performance, pinpointing performance gaps, and evaluating improvement opportunities at a strategic level.” Aggregate results of the initial study will be presented at the 2008 AFP Annual Conference in Los Angeles from October 19-22.

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