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How Tech Can Help Uncover The Story Behind Financial Data

PYMNTS

.” Further, solutions that deploy automated data management and analytics features can be critical for government reporting and regulatory compliance. But data can quickly turn into a burden. In some ways, corporate financial reporting is about the human element needed to tell the story behind the numbers, Born noted.

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12 Best Paying Jobs in Finance in 2023

CFO News Room

Out of all the finance jobs available to college graduates, financial managers are some of the highest-paying, with high demand for workers in this field. Bureau of Labor Statistics, employment numbers for Financial Managers are expected to rise by 17% over the next decade , faster than the average for all occupations.

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Savings Rate Sets Record At 33 Percent In April

PYMNTS

At one-third, it’s the highest number since the department began tracking in the 1960s. The Connecticut-based financial data company reported the savings rate was more than 13 percent throughout most of the early 1970s. The rate reflects how much people save as a percentage of their income. percent, according to FactSet.

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Accounting Security: How To Keep Financiallv Data Secure And Safe.

CFO Network

The nightmare for accountants and businesses alike is a growing issue. The financial data, in particular, makes it a prime target to hackers who want your information- whether you’re an individual or a company! What is a more secure way to store financial data? Train Your Staff.

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Small Businesses At The Center Of Bots Vs Accountants

PYMNTS

One way this shift has materialized is in how small businesses seek and hire financial professionals to join their companies. These reports reflect the changing role of the human financial professional. “Bookkeeping is the low-value work performed by accounting firms,” he said.

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Rethinking The Roles Of Data, Accountants In SMB Finance

PYMNTS

. “Accounting has been a problem for small businesses throughout time,” Roberts told PYMNTS in a recent interview. Because there is a big disconnect between the accounting industry and the small business owner.” “Why? ” The Real-Time Demand. “They don’t want to talk about credits and debits.

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Accelerating Financial Reporting, From Monthly Reports To Real-Time Analytics

PYMNTS

In today’s fast-paced business environment, the mad dash at the end of every month to close the books is hardly beneficial to today’s entrepreneur – or her accountant. “That forces the accountant to get into a phase of just trying to get it done. .” “The news is about 30 days old at best.”