CFO Simplified

JANUARY 5, 2024

The difficulty is that often an office manager, or senior member of the accounting team is responsible for maintaining the financial security of the firm with little or no oversight. Client Trust Accounts (IOLTA): Mismanagement of client trust accounts can lead to serious ethical and legal consequences.

Auditing 52

Auditing Reconciliations Compliance Securities 52

https://trustedcfosolutions.com/feed/

APRIL 5, 2023

The cloud accounting solution, Sage Intacct , is an excellent resource to keep your financials on track by creating an efficient month-end close without the headache or hassle of sorting through documents and tracking mistakes. Customize Your Chart of Accounts With Dimensions. Implement Automated Workflows.

General Ledger 62

General Ledger Reconciliations Accounting Standards Auditing 62

CFO Talks

MARCH 20, 2024

Think of a Controller as the head of getting day-to-day money matters right, like making sure every penny is accounted for and reports are spot-on. Example: When it’s time for an audit, the Controller is hands-on, working directly with the auditors, showing them the books, and explaining the details.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

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. Datarails is a valuable tool for companies seeking streamlined reporting for themselves and their stakeholders.

Financial Planning and Analysis (FP&A) 52

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

PYMNTS

SEPTEMBER 16, 2020

There will be new electronic banking feeds for corporate cards and automated receipt generation to help streamline back-office accounting processes. And anomaly detection and streamlined bank reconciliation will be available. Ali Jani , chief product officer with Acumatica, touted the ML capabilities as particularly enticing for users.

Reconciliations 76

Reconciliations Auditing Compliance Banking 76

https://trustedcfosolutions.com/feed/

AUGUST 12, 2022

Still, there are also several key provisions of Sarbanes-Oxley that apply to small and medium-sized businesses as well as to accountants, auditors, and executives. ” Sage Intacct has your internal cybersecurity controls covered with a secure login process that features: Periodic password expiration. .” Session timeouts.

Compliance 109

Compliance Reconciliations Auditing Securities 109

PYMNTS

JUNE 16, 2020

Add accuracy and security to velocity and it makes a kind of “rule of threes” for the payments space today. In the June 2020 edition of The Gig Economy Tracker® done in collaboration with Tipalti , we find these traits, among others, defining innovation in accounts payable (AP) software. Manual Reconciliation, Begone.

Reconciliations 67

Reconciliations Invoicing Accounts Payable Auditing 67

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

CFO Leadership

OCTOBER 10, 2023

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. What data governance, privacy and security procedures do we have in place or need? Where is that data located?

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

CFO News Room

NOVEMBER 2, 2022

In the United States, Registered Investment Advisers (RIAs) are required to register in one of 2 ways: with the Federal government (namely the SEC) or with one (or more) state securities regulatory agencies. The Brochure Supplement – Form ADV Part 2B. The Brochure Supplement is the sister disclosure document to the Brochure.

Compliance 130

Compliance GAAP Investments Advertising 130

CFO Leadership

MARCH 31, 2022

Global operations make it more challenging for small treasury teams in mid-market companies to handle day-to-day operations efficiently and securely. 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

Planful

JANUARY 19, 2016

When I was a staff accountant back in the mid-1980s, I remember spending many nights and weekends working to close the year-end books. Intercompany reconciliations were a nightmare, with many phone calls to the foreign subs. Life is so much easier for accounting and Finance staff now with today’s technology.

IFRS 40

IFRS GAAP Reconciliations Auditing 40

Future CFO

NOVEMBER 18, 2019

However, fundamental tasks in statutory accounts, management accounts, investments, budgeting, analysis, compliance, risk, payroll, audit, taxation and managing working capacity are very much interconnected. The analysis of financial and operating data not only has to be immediate, but also accurate and secured.

CFO 52

CFO Finance Reconciliations Accounting Standards 52

PYMNTS

SEPTEMBER 7, 2018

Companies like alternative small business (SMB) lenders or accounting solutions providers, for instance, remain popular investment targets. Yoco provides businesses with payment management and auditing services, targeting SMBs that struggle to get off cash and paper documents. The company said this week that it secured $1.75

B2B 43

B2B Invoicing Reconciliations eCommerce 43

PYMNTS

JUNE 23, 2017

Enterprise Security. Corporate Accounting. million in fresh funding for Canada-based Hubdoc is a show of support for the company’s cloud accounting solution, which targets automated financial document collection and processing. The new funding will help the company expand geographically in the U.S.,

B2B 68

B2B Marketing Reconciliations Auditing 68

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

PYMNTS

SEPTEMBER 29, 2017

Segregation of duties, multiple levels of approvals and daily reconciliation of all transactions are mandatory to efficiently and safely manage the treasury activities,” he said. Managing liquidity and credit risk are definitely of main concern to FIs.

Treasury 56

Treasury Banking Compliance Risk Management 56

Onplan

AUGUST 2, 2021

Many FP&A software systems can integrate with accounting software and simplify planning and reporting on a GL-based view of the business. FP&A software allows secure and confidential cross-company collaboration . For example, HR departments may be worried about the security of individual salary details.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Leverage Reconciliations 52

Onplan

AUGUST 2, 2021

Many FP&A software systems can integrate with accounting software and simplify planning and reporting on a GL-based view of the business. FP&A software allows secure and confidential cross-company collaboration . For example, HR departments may be worried about the security of individual salary details.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Leverage Reconciliations 52

PYMNTS

MARCH 6, 2019

One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. Distributed ledger technology (DLT), in essence, is a distributed database that securely stores and organizes data. Real-Time Window To Treasury Management.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75