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ACH Shows Signs Of B2B Payments Dominance

PYMNTS

“Payments are rapidly evolving for accounting firms, as digital payments are now more often used than paper checks,” said Bill.com Senior Vice President of Engineering Vinay Pai in a statement. Yet, when paying their clients’ bills, less than 1 percent said they use cryptocurrency.

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Automated and Data Driven Financial Planning Hasn’t Reached its Full Potential

The Finance Weekly

The impact of data driven financial analysis goes well beyond its traditional role of budgeting and forecasting, and has the potential to contribute greatly as a forward thinking department for real-time decision making. For finance teams this is more true than ever, and the recent market volatility has exasperated this issue.

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Risk Mitigation

Finvisage

Accountancy firm PwC is reported to have been hired by the company to look at its accounts, which are audited by Grant Thornton. The accountancy watchdog, the Financial Reporting Council, said: “We are looking into this matter carefully and will give full consideration to further action as more facts become available.”