The Charity CFO

APRIL 1, 2024

Implementing technology into your nonprofit accounting process can help solve a variety of issues—from tracking receipts to properly recording donations. In most cases, technology helps improve the efficiency and accuracy of nonprofit accounting. A good technology solution addresses each of your nonprofit accounting concerns.

Nonprofit 52

Nonprofit Accounting CFO Accounts Payable 52

Bramasol

JULY 31, 2023

This new post provides a deeper look at how the leasing of medical equipment along with other bundled services or products presents particular challenges for meshing contracts and lessor accounting with DSE management and revenue recognition. According to Allied Market Research, "The global medical equipment rental market was valued at $56.0

Accounting 77

Accounting SAP GAAP IFRS 77

Future CFO

OCTOBER 4, 2023

Accountants are optimistic about digital transformation, including artificial intelligence, according to a survey by the Association of Chartered Certified Accountants (ACCA). The post Accountants optimistic on digital transformation appeared first on FutureCFO.

Accounting 52

Accounting Compliance Leverage Technology 52

Bramasol

DECEMBER 15, 2021

This ebook offers a look at Lessor Accounting Considerations Under ASC 842. Leveraged lease. Further this eBook covers; Lease classification. Lease modifications. Sale leaseback transactions. Transition requirements for lessors.

Accounting 52

Accounting Compliance Leverage Sales 52

https://trustedcfosolutions.com/feed/

MARCH 8, 2023

By leveraging intelligent payroll software, companies can enjoy an effective method for processing timely payments, streamlining payroll cost allocation, and confidently managing employee benefits. Manual payroll methods can’t keep up with the demands of modern payroll accounting.

Accounting 65

Accounting Budgeting Compliance CFO 65

FISPAN

MAY 24, 2022

In the episode, Joe and Clayton discuss the currents of change in financial services, ERP movement to the cloud, how banks can enable digital transformation, and considerations for compliance and bank regulators. You don’t get the leverage. outside markets for investment , and two, the pace of digitization.

Compliance 98

Compliance CFO Banking Numbers 98

Bramasol

MARCH 20, 2024

Bundling of chips, software and service offerings that involve multiple companies often entails complex revenue recognition and compliance issues , and semiconductor equipment makers offering new usage-based models can benefit from billing and revenue innovation management solutions.

SAP 94

SAP Compliance Manufacturing Leverage 94

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

PYMNTS

JUNE 11, 2020

With market volatility and economic pressure higher than it has been in more than a decade, the ways businesses manage and account for their money is inevitably included in that wave of operational change. That means significant implications for the ways accountants and auditors operate both within an enterprise and externally from it.

Economics 77

Economics Accounting Auditing Forecasting 77

Strategic Treasurer

MAY 12, 2022

Survey Shows Non-Bank Financial Institutions Prioritizing Security, Compliance, Efficiency. 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. Disbursement Preferences: Staff, Technology, Structure.

Prioritization 52

Prioritization Compliance Securities Benchmarking 52

The Charity CFO

APRIL 18, 2024

These challenges include financial issues, data security compliance, and talent retention problems. Compliance with Evolving Regulations Nonprofits are no strangers to regulatory and compliance issues. Strategies to Leverage Data and Keep it Safe There are several ways to use technology while also ensuring data security.

Nonprofit 52

Nonprofit Compliance CFO Leverage 52

Nerd's Eye View

MAY 3, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study indicates that nearly a third of advisors in the independent broker-dealer channel have considered transitioning to the RIA channel during the past year as they seek higher payouts and not just "independence" but (..)

Healthcare 61

Healthcare Construction Practice Management Leverage 61

The Finance Weekly

OCTOBER 13, 2021

Compliance: Abide by laws regarding environmental regulations, financial reporting, etc. The responsibilities of controllers today extend to more than just accounting and forecasting; FCs are now expected to engage in business administration and financial planning. Internal: Employee experience and quality of company management.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Strategic Planning 52

PYMNTS

OCTOBER 13, 2016

Regulation and compliance can be a tough space for many to wrap their heads around. Sunil Madhu , founder and CEO of Socure , joined Karen Webster to give context to some of the compliance concepts trending in the industry and also share his thoughts on what’s coming next down the regulatory pipeline. Compliance Decoded.

Compliance 76

Compliance Leverage Technology Securities 76

Bramasol

SEPTEMBER 29, 2023

Driven by sweeping changes such as digital transformation, globalization of markets, the subscription-based Digital Solutions Economy™ (DSE), carbon-accounting mandates, a rising emphasis on artificial intelligence, and other disruptive trends, the role of Chief Financial Officer (CFO) is undergoing radical transformation too.

IFRS 97

IFRS Technology SAP Compliance 97

E78 Partners

MARCH 23, 2023

Often, you find yourself wearing multiple hats – managing cash flow, budgets, compliance, and more. When your team is stretched thin, outsourcing your finance and accounting services can be an effective solution, allowing you to focus on core competencies and achieve long-term growth for your company.

Accounting 52

Accounting Finance Budgeting Securities 52

Bramasol

MARCH 10, 2023

As shown below, BRIM supports a holistic approach to DSE that seamlessly interfaces with third-party or legacy customer engagement systems on the front-end and also integrates directly with payments, collections and revenue compliance on the back-end.

SAP 86

SAP Manufacturing Compliance Leverage 86

Future CFO

MAY 2, 2024

The third annual 2024 ESG Practitioner Survey polled more than 2,000 people involved in corporate reporting, including finance and accounting, sustainability, risk, and internal audit professionals across North America, Europe, and Asia. “The Assured integrated reporting is about more than compliance," says Volpe. "It

Compliance 52

Compliance Auditing Budgeting Leverage 52

Bramasol

FEBRUARY 13, 2023

Accounting and finance processes as businesses look to automate and streamline their financial operations. Long-term contracts: With many SaaS customers committing to long-term contracts that include usage, entitlements and other rights, it can be difficult to track and support actual consumption while assuring accounting compliance.

SAP 79

SAP Compliance Leverage Accounting Standards 79

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

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

The Charity CFO

MARCH 22, 2024

Leveraging data for strategic decision-making has many benefits–from improving your efficiency to increasing the success rate of campaigns or strategies. Compliance and privacy concerns: As more states introduce legislation regarding digital privacy , nonprofits must be able to keep up with regulatory compliance and keep data safe.

Nonprofit 52

Nonprofit Leadership Benchmarking Leverage 52

Future CFO

FEBRUARY 11, 2024

David W Duffy , CEO of the CGI says at the core of sustainability is the long-term viability of a company’s operations taking into account its environmental, social, and economic impacts. “On We are aligned to strategy and accountability that will deliver on business and societal impacts." million for organisations. “The

Net Present Value (NPV) 98

Net Present Value (NPV) CFO Compliance Economics 98

Bramasol

SEPTEMBER 26, 2022

For example, shipments of goods are typically billed based on weight, size and distance and customers that maintain subscription accounts with carriers can receive discounts on their shipping costs. In some ways, the transportation sector has always included services based on subscriptions and usage.

Transportation 89

Transportation SAP IFRS Compliance 89

Bramasol

MARCH 31, 2023

According to people we talked with at SAP Insider, one of the most attractive aspects of BRIM is the ability to pick and choose specific applications within the portfolio and to leverage BRIM's agnostic capabilities for meshing seamlessly with existing legacy and customer facing systems.

SAP 86

SAP Compliance Invoicing B2C 86

PYMNTS

OCTOBER 5, 2020

Two-thirds of customers also felt that companies’ account security measures were subpar. All customers expressed displeasure with poor account opening experiences, with 73 percent saying they have become less tolerant of these deficiencies over the past few years. Deep Dive: Leveraging AI And ML To Prevent Money Laundering.

Compliance 56

Compliance Prioritization eCommerce Leverage 56

Future CFO

APRIL 24, 2024

Intel is a prime example of an organisation effectively leveraging AI and automation to streamline the intricate process of updating product codes for global shipments. The company also mitigated significant trade compliance risks by reducing shipments on hold and global customs fees, saving hundreds of thousands of dollars.

SAP 98

SAP Finance Invoicing CFO 98

Future CFO

DECEMBER 11, 2023

The following are ways a finance leader can help staff through leveraging automation : Reduce manual data entry. Staff can also automatically extract data from client source documents or easily transfer account balances from integrated business tax preparation software. Detect inaccuracies.

Compliance 52

Compliance Leverage Finance Accounting 52

The Charity CFO

OCTOBER 16, 2023

This should be a collaborative process between: Organizational leaders Financial employees or board members Outside accountants or advisers Other important stakeholders Look at your financial operations and determine the types of accounts and services that any banking partner will need to provide.

Nonprofit 59

Nonprofit Banking Compliance CFO 59

Bramasol

SEPTEMBER 12, 2022

Although the initial compliance phase for ASC 606 and IFRS 15 revenue recognition mandates is in the rear-view mirror for most companies, it's important to also keep a focus on the road ahead because optimization of overall RevRec processes across the enterprise will be key to ongoing success. Freeze periods on time-based POBs.

SAP 85

SAP IFRS Compliance Invoicing 85

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

https://trustedcfosolutions.com/feed/

JULY 19, 2022

QuickBooks is recognized for being a great basic accounting tool, and it is used by a lot of small businesses because it is user-friendly and affordable. Still, it is not an accounting solution that can handle business processes apart from financials. Sage Intacct is a cloud-based accounting solution that offers much, much more.

Accounts Payable 113

Accounts Payable Auditing Compliance Accounting 113

Future CFO

APRIL 6, 2022

Leveraging a modern approach to performance excellence driven by technology and a shift in mindset is key to opening many new opportunities for Accounts Payable. Click on the link to download this Kofax paper. DOWNLOAD NOW. The post Turn hyper-efficient AP into a cash contributor appeared first on FutureCFO.

Accounts Payable 52

Accounts Payable Compliance Leverage Accounting 52

Bramasol

OCTOBER 24, 2023

Previous posts in this blog series have addressed how SAP solutions such as Quote-to-Cash (QTC) , the Billing and Revenue Innovation Management (BRIM) portfolio, and Revenue Accounting and Reporting (RAR) can be meshed seamlessly to integrate frontend and backend processes for subscription-based Digital Solutions Economy (DSE) offerings.

SAP 96

SAP Compliance Healthcare Communication 96

Bramasol

MAY 31, 2023

We also met with many forward-looking companies seeking to accelerate their digital transformation roadmaps, launch new Digital Solutions Economy™ offerings, and/or optimize their compliance programs. along with ERP, finance, and revenue recognition functions within the overall SAP ecosystem.

SAP 78

SAP Compliance Transportation Leverage 78

The Charity CFO

NOVEMBER 30, 2023

Most nonprofit leaders aren’t accountants and the thought of getting audited is a sizable fear. Luckily, being prepared can help you avoid accounting mistakes that could come up in a nonprofit audit. This guide will help you better understand the common mistakes nonprofits make in their accounting systems.

Nonprofit 52

Nonprofit Auditing Compliance Education 52

PYMNTS

SEPTEMBER 20, 2016

A new report from BlackLine says that, while these positions are recognized for the role they play in aiding with enterprise growth, everyday accountants are unsung heroes. The majority of businesses surveyed by the cloud accounting company across the U.S. ” Missed Opportunity. the company said. the company said. Across the U.S.,

Accounting 70

Accounting CFO Finance Compliance 70