PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The company said it plans to use the investment to further build out its lending operations.

B2B 69

B2B Investments Accounts Payable Benchmarking 69

Barry Ritholtz

AUGUST 26, 2022

My examples of overpriced, low-performing, abusive account management have been derided as outliers. As often happens in these circumstances, the ex-employee’s book gets divided up among the remaining brokers, whose jobs that weekend becomes retaining those accounts and their assets. First Rule of Running Other Peoples’ Money?

Concentration 141

Concentration Benchmarking Investments Accounting 141

PYMNTS

AUGUST 16, 2020

Morgan Chase and dropped an investment in Goldman Sachs. Bank stocks have slid this year as many of the nation’s largest banks have set aside tens of billions of dollars to account for potential loan losses amid the pandemic, The Wall Street Journal (WSJ) reported. million share investment worth $563.6 Buffett bought a 20.9

Banking 128

Banking Benchmarking Investments Securities 128

PYMNTS

DECEMBER 11, 2017

Accounting software that boosts automation isn’t taking jobs away from human accountants. But it is altering the profession, with more small businesses seeking advisory services from their accountants and bookkeepers. Accountants are starting to pay attention to upcoming disruption too. 61 percent of U.S.

Accounting 42

Accounting Benchmarking Accounts Payable CFO 42

Fpanda Club

MARCH 14, 2021

The most common examples of defects in finance processes are: errors in payments while billing or accounts payable processes, incorrect entries in accounting, inaccurate forecasts in budgeting, delays in reporting, incorrect data in the reports, a formula error in the Excel spreadsheet. Download this article

Finance 130

Finance Benchmarking Transportation Accounts Payable 130

Global Finance

JUNE 6, 2024

It became Slovakia’s first bank to offer digital account opening and digital loans to non-clients through a process that relies heavily on biometrics. With this investment, the bank aims to have a more technical branch to support investments in the carbon markets and environmental assets.

Banking 52

Banking Benchmarking Prioritization Leverage 52

Future CFO

MAY 1, 2024

A career “Expectation for a controller continually evolves,” according to Giselle Arellano-Geronimo , vice president – head of finance, accounting & procurement (controller) at Shearwater Health , and the winner of the 2024 FutureCFO Controller of the Year Award.

Leadership 98

Leadership IFRS Finance Communication 98

Future CFO

NOVEMBER 5, 2023

Initial public offerings or IPOs are among the significant milestones for a company as it transition to one open to public investment from being a privately held entity, and the chief financial officer play an important role for the journey's success. Through this benchmarking process, gaps and opportunities for improvement become apparent.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Benchmarking Risk Management 52

Spreadym

NOVEMBER 23, 2023

Comparative Analysis: Comparing OPEX with industry benchmarks or competitors allows businesses to benchmark their performance. Investment Decisions: OPEX analysis assists in investment decisions by providing insights into the sustainability of operations.

Financial Analysis 59

Financial Analysis Benchmarking Restructuring Cost Management 59

The Charity CFO

MARCH 22, 2024

Investing in Data Technology Data technology, such as data management software, makes implementing and benefiting from a data strategy easier than ever. Once you have a data technology and a data governance plan in place, make sure to invest in staff and volunteer training on the programs and policies.

Nonprofit 52

Nonprofit Leadership Benchmarking Leverage 52

PYMNTS

JANUARY 29, 2019

Much of that spend (nearly one-third, by Gartner accounts), will go toward investment in consulting and implementation services as companies seek guidance for changing cybersecurity regulations like GDPR in Europe. Less than half of IT professionals in the U.S.

Investments 59

Investments Compliance Education Benchmarking 59

PYMNTS

AUGUST 16, 2020

Morgan Chase and dropped an investment in Goldman Sachs. Bank stocks have slid this year as many of the nation’s largest banks have set aside tens of billions of dollars to account for potential loan losses amid the pandemic, The Wall Street Journal (WSJ) reported. million share investment worth $563.6 Buffett bought a 20.9

Banking 99

Banking Benchmarking Investments Securities 99

PYMNTS

OCTOBER 14, 2020

The head of the country’s only licensed and publicly traded cryptocurrency broker says tighter regulation and exponentially higher yields are causing corporate treasury and cash management accounts to seriously consider this alternative asset class. This in the wake of the OCC’s Sept.

Treasury 129

Treasury Currencies Cash Management Benchmarking 129

VCFO

JULY 12, 2022

top quarter of profitable companies, operating regions) via financial benchmarking. Financial benchmarking against the best performers in your industry will identify key variances between your KPIs and those of the best performers. Read more about the advantages of Financial Benchmarking here. Optimize now.

Benchmarking 81

Benchmarking Restructuring Economics Technology 81

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. AI is a tool and not a replacement for finance professionals.

Financial Planning and Analysis (FP&A) 115

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

Strategic Treasurer

MAY 12, 2022

AI and ML Investments Expected to Grow, Supporting Security and Fraud Prevention. The survey’s questions probed NBFIs on their plans, activities, and priorities and gathered details ranging from account use to AI/ML adoption and collateral management. Benchmarking: Personal Best.

Prioritization 52

Prioritization Compliance Securities Benchmarking 52

PYMNTS

AUGUST 3, 2020

Metro will make additional payments to shareholders if RateSetter reaches certain benchmarks, according to a news release. Frumkin was brought in as CEO to turn around Metro Bank last year, after the company was ensnared in accounting problems. London-based Metro Bank has struck a deal to buy peer-to-peer lender RateSetter for £2.5

Banking 92

Banking Benchmarking Investments Accounting 92

CFO Talks

MARCH 14, 2024

This could involve benchmarking against industry standards, conducting financial analyses, and implementing best practices. Clean Up the Accounting and Finance Functions: The CFO should assess and enhance the efficiency and effectiveness of the accounting and finance departments.

CFO 40

CFO Performance Measuring Benchmarking Restructuring 40

Future CFO

DECEMBER 21, 2023

There is also the natural climate to take into account. Review the credit terms you extend to customers and suppliers, and benchmark your trade terms against the rest of your industry. Make sure your client portfolio is balanced so you are not relying heavily on one or two clients for most of your income.

Profit and Loss 52

Profit and Loss Concentration Benchmarking Invoicing 52

The Finance Weekly

NOVEMBER 27, 2023

They are widely used in , strategic planning and reporting to guide investment decisions. This measure aids in predicting future profits and establishing profitability goals and benchmarks. Accounts Receivable Turnover Ratio Your accounts receivable turnover ratio indicates how efficiently you collect cash from credit sales.

Budgeting 52

Budgeting General Ledger Concentration Benchmarking 52

Centage

SEPTEMBER 11, 2023

Benchmarking Performance Budget vs actuals analysis provides a starting point you can measure your business’s financial performance against. Making Informed Financial Decisions Resource allocation, investment opportunities, and strategic shifts are all made easier using the insights gleaned from budget vs actuals analysis.

Financial Planning and Analysis (FP&A) 105

Financial Planning and Analysis (FP&A) Budgeting Forecasting Performance Measuring 105

Centage

DECEMBER 1, 2021

They’re focused less on benchmarking current performance to the predicted budget and instead want to leverage real-time data to understand what the future looks like. But times have changed – which is why financial forecasting is more important than your annual budget.

Forecasting 98

Forecasting Budgeting Financial Planning and Analysis (FP&A) Benchmarking 98

CFO Talks

MARCH 20, 2024

The modern CFO: Guardian, Change-maker, Manager, Planner To help new accountants get ready for a CFO role at large companies, the Institute of Chartered Accountants of Ontario (ICAO) and Queen’s University conducted extensive research on the roles of the CFO. Strategist (Planner) , plotting the company’s financial future.

CFO 52

CFO Compliance Performance Measuring Education 52

Spreadym

SEPTEMBER 19, 2023

They serve as a benchmark against which actual performance is measured, and any deviations from the budget may require approval or justification. Benchmarking: Compare your budgeted figures to industry benchmarks and competitors to ensure your financial targets are realistic and competitive.

Budgeting 59

Budgeting Forecasting Cash Flow Forecasting Benchmarking 59

PYMNTS

JANUARY 15, 2021

Reports in e27 said MAA Group provided the investment, which microLEAP plans to use for marketing, new staff hires and technological enhancements. million investment round, which it said it will use to expand its team and expand its product. Sequoia Capital India led the Series A investment, TechCrunch reported. Modern Treasury.

B2B 67

B2B Finance Treasury B2C 67

Future CFO

OCTOBER 7, 2019

Boston Consulting Group (BCG) compiled average cybersecurity spending – see Figure 1 – to reveal a lack of standard benchmark. Figure 1: Comparison of average security spending benchmarks. In reality, should there be a benchmark figure? How much should an organisation spend on security and cybersecurity?

Budgeting 52

Budgeting Securities Benchmarking CFO 52

VCFO

JUNE 23, 2022

Take a look at the following financial benchmarks implemented for vcfo clients, and consider how you can achieve similar results in your organization. After benchmarking against top performing competitors, it became clear that their average days of sales outstanding (DSO) at 53 days was 20 days higher than their nearest competitors.

Benchmarking 82

Benchmarking Sales Finance Economics 82

PYMNTS

APRIL 26, 2020

Jeff and Wayne are masterful at creating intuitive, high-utility products from complicated data,” said GV’s Jessica Verrilli about the investment in the blog post. “I Business owners can seamlessly switch to Digits and connect with services a company already deals with — accounting, lenders, payroll, financial and more, TechCrunch reported.

Benchmarking 60

Benchmarking Startups Finance Investments 60

VCFO

JANUARY 27, 2022

If you allow your accounts receivable collection cycle to extend too far out, you are essentially losing money on every sale due to timing. Accountability. This methodology keeps us aligned, it keeps us accountable, and we plan for the future on a routine basis. We run an EOS organization and many of our clients do as well.

Benchmarking 81

Benchmarking Restructuring Leadership Planning 81

Spreadym

MAY 23, 2023

Cash forecasting is crucial for effective financial management as it allows organizations to plan their operations, make informed investment decisions, and ensure they have sufficient funds to meet their financial obligations. The percentage used can be based on historical data or industry benchmarks.

Forecasting 52

Forecasting Cash Flow Forecasting Budgeting Accounts Payable 52

Future CFO

SEPTEMBER 17, 2019

New Gartner benchmark study reveals 92% of HR leaders are prioritising budgeting and cost optimisation initiatives. Business leaders must work closely to prepare for economic volatility by maintaining an overview of all short- and long-term investments across the organization. That’s the good news. Cross-function efforts.

Benchmarking 52

Benchmarking Budgeting Economics Forecasting 52

PYMNTS

DECEMBER 20, 2019

With more than $89 million raised, B2B FinTechs this week impressed venture capitalists (VCs) with a range of services, including small business accounting, financing, spend management and payroll. PYMNTS breaks down the latest VC investments below. Small business accounting startup Xendoo announced a $3.5 Tribal Credit.

Startups 52

Startups B2B Treasury Benchmarking 52

CFO News Room

NOVEMBER 15, 2022

Whether you’re a newbie or a seasoned investor, you’ve probably heard these words from a friend or family member who invests in the S&P 500: “Just buy an index fund.”. But does it make sense for ALL investors to invest in the S&P 500? What if you’re not 100% comfortable investing all your money in the stock market?

Investments 130

Investments Benchmarking Finance Marketing 130

Spreadym

AUGUST 17, 2023

Data Integration : Dashboards often pull data from various sources, such as accounting software, ERP systems, CRM systems, and other data repositories. Data Collection and Integration : Gather data from relevant sources such as accounting software, ERP systems, financial databases, and other data repositories.

Financial Reporting 52

Financial Reporting CFO Cash Flow Forecasting Budgeting 52

Spreadym

JULY 14, 2023

Financial models are mathematical representations or frameworks used to analyze the financial performance and make predictions about the future financial outcomes of a business, project, or investment. Valuation models: Valuation models are used to determine the intrinsic value of a business, asset, or investment.

Financial Modeling 52

Financial Modeling Mergers and Acquisitions (M&A) Valuation Budgeting 52

PYMNTS

JANUARY 7, 2020

With the Sustainability Cloud, though, there can now be a greater accountability in terms of “peer benchmarking, anonymized data to track progress, communities to share best practices, and ways to input supply chain information,” Flynn said. It’s also pushing other companies to join it in meeting that goal.

Benchmarking 53

Benchmarking Auditing Accounting Planning 53

Adam Kae

JULY 17, 2023

It's important to have a specialized hire to help you go over industry benchmarks, historical data analysis, and forecasting techniques to enhance your decision-making process. Capital Investment and Financing Options Scaling a digital marketing agency sometimes requires capital investments.

CFO 52

CFO Marketing Cash Flow Forecasting Budgeting 52