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PodChats for FutureCFO: Why intercompany accounting is crucial for post-merger success

Future CFO

According to Victor Ng , regional vice president for Asia, BlackLine , intercompany accounting involves the recording of financial transactions between different legal entities within the same private company. To Ng, the most common red flag is unreconciled intercompany accounts. The intercompany complexity.

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GTreasury Acquires Visual Risk For Corporate Treasury Compliance

PYMNTS

Treasury management system provider GTreasury announced it reached a deal to acquire risk management and compliance software company Visual Risk , reports in Mondo Visione said Tuesday (April 17). The companies will combine their risk analytics and hedge accounting software as well, they said. “As

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Asia’s Corporates Driving Treasury, Banking Digitization

PYMNTS

. “Digitization now ranks behind only core functions like funding and liquidity management in terms of the biggest goals for corporate treasury departments across Asia in 2019,” said Greenwich Associates Head of Asia Pacific Gaurav Arora, the report’s co-author, in a statement.

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What Payments Players Had To Say About Innovating Payments In A Pandemic

PYMNTS

From the back-office bean counter to the overseer of cybersecurity and anti-money laundering (AML) compliance, the modern corporate treasury has undergone an extreme makeover in recent years that goes well beyond its historic roots in cash management. JPMorgan: Real-Time Treasury A Key Driver Of Corporate’s Loyalty.

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A Closer Look At Ripple’s Money-Saving Claims

PYMNTS

The company also pointed to the recent rise of the nostro account, an account owned by a financial institution in another country with funds held in local currency, used to facilitate cross-border settlement. It’s an error-prone process, the report added, with banks still handling the cost of compliance, payment processing and FX.