PYMNTS

JULY 5, 2017

For a chief financial officer (CFO), having technology — from ERP systems to cloud accounting and cash forecasting tools — has become paramount when deploying a successful growth strategy. The nature of financial reporting is to communicate facts aggregated using accounting rules. But data can quickly turn into a burden.

Financial Data 52

Financial Data Auditing Financial Reporting CFO 52

Spreadym

AUGUST 10, 2023

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have.

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards 52

Centage

SEPTEMBER 6, 2022

So, why are so many companies relying on them to handle their financial needs? While there are many alternatives to spreadsheets, some organizations still consider them an important part of their accounting procedures. Widespread Use of Spreadsheets In past years, Microsoft Excel has dominated the business world.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

PYMNTS

NOVEMBER 26, 2019

The Prudential Regulation Authority (PRA), the supervisory arm of the Bank of England (BoE), has fined Citigroup a record-breaking $56.3 The regulator said the data it received from Citigroup was not acceptable, and the way the bank handled the reporting processes was not effective.

Auditing 76

Auditing Banking Financial Data Financial Reporting 76

PYMNTS

JUNE 22, 2020

The lender, the Bank of China, is one of more than a dozen commercial banks that all told have lent $2 billion through a facility to Wirecard. After all, extending the terms of the $2 billion facility would require unanimous consent from the banks — and that united front, clearly, seems to be fraying.

Auditing 77

Auditing Banking Financial Systems Financial Data 77

CFO News Room

DECEMBER 16, 2022

Financial managers are responsible for developing long-term financial plans, directing investment activities, and generating financial reports for their company. They may work in various industries, such as investment firms, accounting firms, banks, or the government. Financial Examiner. Senior Accountants.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

PYMNTS

NOVEMBER 26, 2019

The Prudential Regulation Authority (PRA), the supervisory arm of the Bank of England (BoE), has fined Citigroup a record-breaking $56.3 The regulator said the data it received from Citigroup was not acceptable, and the way the bank handled the reporting processes was not effective.

Auditing 54

Auditing Banking Financial Data Financial Reporting 54

Spreadym

MAY 26, 2023

It helps automate and streamline the budgeting process by providing tools and features to input financial data, allocate funds to different categories, monitor expenses, and generate reports. Users can collaborate on budget plans, update and share information, and work together towards common financial goals.

Budgeting 52

Budgeting Forecasting Financial Modeling SAP 52

Spreadym

JULY 10, 2023

The financial close process, also known as the accounting close process or month-end close, is a series of steps undertaken by an organization to finalize its financial records for a specific accounting period. These entries correct errors, allocate costs, or reclassify transactions to the appropriate accounts.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

Centage

SEPTEMBER 6, 2022

So, why are so many companies relying on them to handle their financial needs? While there are many alternatives to spreadsheets, some organizations still consider them an important part of their accounting procedures. Accounting Inconsistences, Double-Entries, and Liabilities. Spotting trends. Forecasting.

Securities 52

Securities Cash Flow Forecasting Budgeting Forecasting 52

Centage

MAY 8, 2023

Lowe, CPA, CGMA As a nonprofit finance leader, you are accountable to many stakeholders – especially your Board of Directors. Your role is critical and complex as you know and understand the financial operations of your organization inside and out – and are ultimately responsible.

Nonprofit 98

Nonprofit Budgeting CFO Finance 98

PYMNTS

AUGUST 7, 2019

The Bank of Lithuania has suspended the majority of activities of payments company SatchelPay , reports said Tuesday, barring the Lithuanian company from issuing electronic money or providing part of its payment services. Reports noted that the central bank sent reminders and warnings to the company to provide the financial information.

Concentration 40

Concentration Auditing Compliance Startups 40

CFO Leadership

MARCH 31, 2022

New currencies, global banking structures, regional regulations, disparate processes, and disconnected systems all add complexities to the treasury operations. Treasury professionals may now have to keep an overview on hundreds of bank accounts with different bank partners, in multiple currencies and in many countries around the world.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

PYMNTS

JULY 27, 2017

Italy’s UniCredit has confirmed that the personal financial data of about 400,000 customers has been compromised. According to Finextra , the affected customers took out loans through the bank, and their personal data has been hijacked by unauthorized third parties.

Auditing 40

Auditing Financial Data Securities Banking 40

The Charity CFO

NOVEMBER 23, 2022

Financial managers often work closely with the organization’s executive director to ensure that the organization’s financial needs are met and help drive best financial practices within the organization. They handle all payroll and accounting functions and manage investments and fundraising efforts.

Nonprofit 52

Nonprofit Finance Strategic Planning Budgeting 52

Finvisage

DECEMBER 31, 2019

The cafe chain is fighting for survival after revealing on Wednesday it had uncovered “significant, and potentially fraudulent, accounting irregularities” Mr Marsh had been suspended when these problems were discovered. Toshiba is recovering from accounting scandals that eventually led to the bankruptcy of U.S.

Reconciliations 52

Reconciliations Financial Analysis Accounting Construction 52

CFO Talks

APRIL 29, 2022

Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. CFO Talks is a brand of the South African Institute of Business Accountants.

CFO 40

CFO Finance Compliance Accounting 40

Future CFO

FEBRUARY 10, 2021

When you are unable to audit or do something like that while at home, you realize the value of pushing more technologies,” she said. “I Data trust or integrity is another rising challenge. Coincidentally, Tan noted that the CFO teams need talent who “know how to monetize data.”

CFO 52

CFO Finance Auditing Treasury 52

PYMNTS

FEBRUARY 22, 2017

Basel III is a set of voluntary rules that impact banks’ risk management and capital requirements, among other things, and could lead to corporate challenges in accessing bank financing. The banking sector is moving away from offering a simple, straightforward view via statements and transaction data, Cashfac noted.

Accounting 54

Accounting Banking Cash Management Compliance 54

The Finance Weekly

APRIL 13, 2024

Conversely, business finance software caters to the more complex financial needs of businesses, offering tools to track income and expenditure, generate financial reports, and handle accounts receivable and payable effectively. Contact Their sales team for a custom quote.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Invoicing Budgeting 52

PYMNTS

OCTOBER 30, 2017

Earlier this month, Sensibill announced it was the latest FinTech in a long string of companies partnering with traditional financial institutions to meet the banking needs of SMBs. The company is collaborating with the Royal Bank of Scotland , which will link its small business customers to Sensibill’s solutions.

Banking 57

Banking Auditing Financial Data Forecasting 57

PYMNTS

NOVEMBER 15, 2018

. “I believe there will be a system of trust in the coming years that’s going to connect small and medium-sized businesses as well as accountants, their lenders, their banks, and maybe tax authorities,” he said. These are all bold predictions that will require major overhauls to the financial services space.

B2B 74

B2B Cash Flow Forecasting Corporate Finance Forecasting 74

PYMNTS

JANUARY 10, 2020

Headquartered in Hong Kong, MioTech aggregates supply chain and financial data to enable enterprise clients to assess sustainability, social responsibility risks and other performance metrics. The funds will be used to invest in hiring efforts as it connects clients to a single platform for an array of accounting software solutions.

B2B 52

B2B Startups B2C Management Consulting 52

PYMNTS

JANUARY 26, 2018

Corporate accounting software is now a continually evolving space, but progress doesn’t occur in a vacuum: External forces and trends, from changing regulations to increased adoption of FinTech by the enterprise, force businesses to adjust how they record and report financial data. Open Banking initiatives in the EU, U.K.,

General Ledger 47

General Ledger Benchmarking Reconciliations Accounts Payable 47

Musings on Markets

FEBRUARY 4, 2023

The India Rising story hit some turbulence last week, as one of its biggest corporate success stories, the Adani Group, was hit with a report from Hindenburg Research, an investing group that specializes in targeting and shorting companies that it believes have dubious accounting and business practices.

Investments 100

Investments Valuation Auditing Restructuring 100