Future CFO

NOVEMBER 14, 2023

As open source, cloud-native computing , and other new-age cloud technologies prove to becoming more important as times go by in today's market, finance leaders must see to it that they have a good grasp of the situation. Innovation loves trying out ideas fast and cloud technology helps a lot by quickly making and testing virtual stuff.

Technology 59

Technology Finance Communication Accounting 59

CFO Simplified

JULY 24, 2022

How Does a Fractional CFO Work with a Remote Accounting Team? Technology and the business climate have dramatically affected how businesses function. But even with all of those changes, the accounting function has remained essentially the same. Managing a Remote Accounting Team. Its purpose? Activities, and .

Accounting 96

Accounting CFO Invoicing Manufacturing 96

CFO Leadership

OCTOBER 10, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals.

Finance 95

Finance Accounting Auditing IFRS 95

Future CFO

JUNE 18, 2023

How many enterprise technology purchases did you regret? According to a Gartner survey, 60% of technology buyers involved in decisions to renew or expand “as-a-service” agreements regret nearly every purchase they make, a 6% increase from 2020. Pessimism and regret continue to grow for enterprise technology purchases,” said Barnes.

Technology 52

Technology B2B Communication Numbers 52

The Charity CFO

NOVEMBER 10, 2022

What should you look for when evaluating nonprofit accounting services? Yes, they might have a board member or volunteer who takes care of the finances, but they often lack specific expertise in nonprofit accounting. Benefits of Nonprofit Accounting Services. Nonprofit organizations exist to further a mission or goal.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

Bramasol

JULY 22, 2023

Previous posts in this blog series o n Environmental, Social and Governance (ESG) and carbon accounting have spotlighted carbon accounting as a trend to watch , looked at ESG impacts on M&A , and tracked the emergence of new ESG standards.

IFRS 87

IFRS Accounting SAP Compliance 87

Strategic Treasurer

OCTOBER 28, 2022

Maintaining a Platform Mindset: Using Technology to Collaborate. Everyone benefits from smoother, more efficient communication rails. Accountability, visibility, and effective collaboration are all improved when you can quickly leave feedback in a clear and organized manner. Treasury Technology Analyst Report.

Technology 52

Technology Treasury Communication Finance 52

Future CFO

FEBRUARY 23, 2023

Auditing and accounting talent shortage continue to make employers toss and turn, according to a global survey of more than 4,100 accountants and 2,300 auditors. When it comes to talent retention, more than 85% of accountants and 90% of auditors said it is either somewhat or extremely difficult.

Auditing 52

Auditing Accounting Accounting Firms Practice Management 52

The Charity CFO

AUGUST 15, 2023

Myths of Nonprofit Accounting and Why They Matter to Job Seekers Unfortunately, many job seekers fall victim to the stereotypes and believe the myths surrounding nonprofit accounting. In this section, we will debunk the three most common nonprofit accounting myths. Ready to dive deep into this exciting realm?

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

Bramasol

NOVEMBER 8, 2021

However, for the past couple of decades, ESG has typically consisted of producing an annual glossy Corporate Responsibility Report that discussed various initiatives in descriptive terms across areas such as energy usage, waste stream mitigation, labor practices, community programs, charitable giving, etc.

Compliance 83

Compliance Accounting SAP IFRS 83

PYMNTS

DECEMBER 10, 2020

Increasingly, FinTechs and the businesses they serve are pulling double duty with solutions that tackle both accounts receivable and accounts payable friction for each end of the B2B transaction. Digitizing and modernizing B2B payments cannot be a one-sided effort. Wells Fargo, Bill.com Pull Double Duty With Partnership.

Accounts Payable 60

Accounts Payable Accounting B2B Invoicing 60

PYMNTS

NOVEMBER 4, 2019

where a collective $3 trillion is tied up in businesses’ outstanding accounts receivable (AR). This month’s Deep Dive examines the pros and cons of digitized AR approaches as well as the role that technologies such as AI can play in minimizing B2B pains. . B2B payments are anything but instant in the U.S., Virtual Terminals and AI .

Technology 40

Technology Accounting Invoicing B2B 40

CFO Leadership

OCTOBER 18, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals.

Finance 52

Finance Accounting Auditing IFRS 52

PYMNTS

APRIL 21, 2020

This was the first product rolled out as part of an omnichannel technology stack the bank spent three years building, according to Peter Tilton, senior vice president of the Toronto, Ontario-based bank that serves 17 million customers in Canada, the U.S. The technology is available at bank branches and remotely via mobile and its website. “ID

Accounting 121

Accounting Banking Securities Communication 121

Strategic Treasurer

MAY 23, 2022

Treasury Technology Implementation 101: Creating a Win-Win for Clients and Vendors. But then technology implementation turns out to be the best example of Murphy’s Law: There’s more customization than you thought. How to ensure good communication between vendors and clients post-implementation. June 15 | 11:00 AM EDT.

Treasury 52

Treasury Technology Prioritization Budgeting 52

PYMNTS

FEBRUARY 20, 2019

Small business (SMB) adoption of technology can be a process filled with growing pains and friction points, thanks to the cost and disruption associated with integrating a new technology. According to Asgeirsson and Carmichael, the companies illustrate the broader environment of innovation that the SMB accounting space enjoys today.

Accounting 76

Accounting Cash Flow Forecasting Startups Forecasting 76

Future CFO

SEPTEMBER 15, 2020

As finance undergoes its own transformation and adopt technologies like cloud, automation, machine learning, artificial intelligence, FutureCFO spoke to Terry Smagh , senior vice president & general manager, Asia Pacific & Japan at BlackLine , for his perspective on the changes transforming finance. Emerging technologies.

Finance 52

Finance Accounting Leadership Budgeting 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

JANUARY 21, 2024

In Singapore, for example, the shortage of accounting staff is most felt by small accounting firms that struggle to compete with the Big Four accounting firms. Accountants are dedicated to their duty, which they show by working extra hours and weekends when needed to meet reporting deadlines.

Finance 98

Finance Communication Accounting Firms Accounting 98

PYMNTS

OCTOBER 5, 2020

The Carrboro, North Carolina-based chain has used its technology-first strategy to get, keep and grow its customer base – even while its stores were shut down early in the pandemic. Fleet Feet has come up with proprietary technology to address that. More than one million Fleet Feet customers have used the technology.

Technology 52

Technology Retail Communication Sales 52

PYMNTS

JUNE 19, 2019

HSBC is rolling out its digital accounts receivable solution for corporates in India after teaming up with Australia-based Identitii , reports in IT Wire said on Tuesday (June 18). “HSBC’s DART is an industry first,” said Identitii CEO Nick Armstrong in a statement.

Accounting 55

Accounting Communication Cash Management Invoicing 55

Future CFO

MARCH 29, 2021

FutureCFO spoke to Marcus Rex, managing director for Asia-Pacific, xSuite, for his perspective on how finance automation in general, and accounts payable in particularly, can help transform finance into a profit centre. Myths around accounts payable (AP) automation. Recurring pain points in accounts payables.

Accounts Payable 52

Accounts Payable Accounting SAP Invoicing 52

Future CFO

MAY 5, 2024

Boardroom leadership, including chief financial officers, needs to manage artificial intelligence risks to drive trust, according to the Association of Chartered Certified Accountants. says Alistair Brisbourne , head of technology research at ACCA. says Alistair Brisbourne , head of technology research at ACCA.

Risk Management 52

Risk Management Leadership Auditing Finance 52

Nerd's Eye View

OCTOBER 2, 2023

Welcome to the October 2023 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Communication 87

Communication Tax Planning Technology Planning 87

PYMNTS

FEBRUARY 6, 2019

This shift has been so acute that small business cloud accounting firm Xero is even petitioning the Oxford English Dictionary to change the definition of “accountant” to one that includes the word “advise.” Changing Demand. That demand for human talent, by the way, hasn’t decreased.

Corporate Finance 74

Corporate Finance Accounting Finance Accounts Payable 74

PYMNTS

FEBRUARY 1, 2021

The technology of the latter company will have an important position in enabling the communication of information among Virgin Money and its corporate bank clients, according to a Monday (Feb. Codat links the technology inside of SMBs to banks, financial institutions (FIs) and FinTechs, letting corporate information be exchanged live.

Technology 44

Technology Banking Communication Accounting 44

PYMNTS

OCTOBER 1, 2019

Payments technology company Square has acknowledged a technical glitch that prevented one small business in Toronto, Canada, from receiving funds in its bank account — and warns that it might not necessarily be a “one-off” case. I can’t say it’s a one-off,” said Square Canada Communications Manager Valerie Jackson.

Accounting 53

Accounting Banking Communication Sales 53

PYMNTS

MARCH 15, 2019

Anxieties that automation will replace humans have waned in the accounting sector, as industry players begin to realize that technology can actually help accountants play a more important role for their small business (SMB) customers as advisors and guides, rather than replacing their roles outright. Tax reform in the U.S.

Accounting 77

Accounting Accounting Firms Auditing Budgeting 77

The Charity CFO

JULY 27, 2022

But the most successful nonprofits are already leveraging interconnected software systems to raise money more effectively, optimize internal communications, and work SMARTER instead of harder. How companies like Facebook, Amazon, and Apple make it mandatory that you step up your game when it comes to effective communication.

Nonprofit 95

Nonprofit Communication CFO Leadership 95

Jedox Finance

JULY 23, 2019

You do not have to be a data scientist to recognize the impact of technology on FP&A is and will continue to be significant. One of the biggest challenges of automation (Robotic Process Automation) and artificial intelligence/machine learning technologies is our current mindset. Exploring the technology opportunities in FP&A.

Technology 52

Technology Financial Modeling Forecasting Planning 52

PYMNTS

SEPTEMBER 20, 2018

Regulations are driving the trucking and logistics industry to adopt cutting-edge technologies. Invoices submitted for financing by freight factoring firms account for more than one third of all invoices processed for funding, the IFA said.

Accounting 63

Accounting Invoicing Accounts Payable Transportation 63

Future CFO

FEBRUARY 9, 2023

Reflecting on the recent surge in digital transformation within the insurance sector, Boon Boon Lim , head of finance for QBE Malaysia and head of finance operations for QBE Asia, added: “Our business landscape necessitates strong digital infrastructure and capabilities to work, partner and communicate effectively.

Finance 96

Finance Leadership Communication Strategic Planning 96

PYMNTS

JUNE 19, 2019

Aprio Cloud and Jirav are teaming up to develop small business accounting solutions aimed at providing real-time data visibility to small and medium-sized businesses (SMBs) and their advisors. “As accountants and advisors, we can’t just show clients where they’ve been. Phillips in a statement.

Accounting 43

Accounting Forecasting Communication Accounting Firms 43

Future CFO

MAY 15, 2024

Lekshmi Nair , chief revenue officer for corporate lending & global head of strategic accounts at Finastra says stakeholders, including government bodies, regulatory authorities, and investors, are increasingly engaging in dialogue to meet evolving ESG expectations and concerns.

Finance 98

Finance Auditing Compliance Leverage 98

PYMNTS

NOVEMBER 15, 2018

A new report from Software-as-a-Service (SaaS) firm Inspyrus suggested that chief executive officers and accounts payable (AP) professionals aren’t seeing eye to eye on AP technology, and organizations are failing to upgrade their AP processes and tools as a result.

Accounts Payable 63

Accounts Payable Accounting Invoicing Finance 63

Future CFO

NOVEMBER 30, 2020

The rapid advancement of sophisticated technology has brought monumental changes to most professions – and accounting is no exception. Many of the manual, routine-based accounting tasks of the past are now undertaken by non-human support. Automation will alter the work of accountants in the coming years.

Accounting 40

Accounting Finance Education Communication 40

PYMNTS

MARCH 28, 2019

Xerox is strengthening its position in the accounts payable services space with a new suite of business solutions. “Powered by our technologies, software and Managed Print Services (MPS) expertise, Xerox Services allows our clients to better compete in a rapidly changing market environment.”

Accounts Payable 43

Accounts Payable Accounting Invoicing Healthcare 43