CFO Leadership

OCTOBER 18, 2023

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. However, they still have a place in corporate finance and accounting.

Finance 52

Finance Accounting Auditing IFRS 52

PYMNTS

MAY 1, 2019

Corporate treasury technology company HighRadius is rolling out a new cash flow forecasting solution developed using artificial intelligence (AI) technology. HighRadius said that legacy strategy is “crippling corporate treasurers from making confident short-term and long-term debt and investment decisions.”

Forecasting 40

Forecasting Cash Flow Forecasting Treasury Accounts Payable 40

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

PYMNTS

JANUARY 9, 2019

In a 2017 report from job hunting site Indeed , researchers found that “small business accountant” was nowhere to be found in the top-10 job positions sought after by most small business employers. “Bookkeeping is the low-value work performed by accounting firms,” he said.

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71

PYMNTS

AUGUST 8, 2019

The competition is heating up between payment technologies in accounts payable, with ACH and virtual cards seeing significant pushes in the B2B payments space to combat the dreaded paper check. Which will come out on top? There are a lot of treasury management issues out there that need to be addressed,” he told PYMNTS in a recent interview.

Accounts Payable 57

Accounts Payable Accounting B2B Reconciliations 57

PYMNTS

SEPTEMBER 28, 2017

The future of the corporate accountant is in flux. FinTechs are developing ways to automate accounting tasks, forcing human accountants to provide more strategic, value-added services. That doesn’t mean corporate accountants are jumping ship, however.

Accounting 43

Accounting Corporate Finance Risk Management Forecasting 43

PYMNTS

JANUARY 22, 2019

Corporate treasurers are exploring AI for their own cash management and forecasting needs, while AI is also being explored among both traditional and alternative finance players for risk mitigation and underwriting purposes. ” Even so, only 11 percent of companies surveyed have integrated AI within their finance functions.

Corporate Finance 77

Corporate Finance Finance Data Analysis Accounting 77

PYMNTS

JANUARY 2, 2019

Separate research last month also examined how corporate finance expects are bracing for this digital disruption. Finance professionals spoke with Gartner, Inc. ” B2B payments is another area of corporate finance that some analysts expect blockchain to disrupt in a major way.

Corporate Finance 80

Corporate Finance B2B SAP Finance 80

Future CFO

NOVEMBER 21, 2022

Financial Planning and Analysis (FP&A) teams play a crucial role in companies by performing budgeting, forecasting, and analysis that support major corporate decisions of the CFO, CEO, and the Board of Directors. Chris Ortega : FP&A traditionally was just data aggregation, data variances, budgeting, and forecasting.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) CFO Communication Budgeting 98

Bramasol

OCTOBER 31, 2023

Here again, working with experienced QTC and RevRec specialists who understand both the business/accounting issues and the technical capabilities can help companies chart a forward path that delivers in both the near term and over the long run.

SAP 65

SAP IFRS Compliance Construction 65

PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. But the ERP of today doesn’t look like it used to.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

SEPTEMBER 29, 2020

As a provider of back-office financial technology, it's vital to speak with chief finance officer (CFO) and finance executive end-users about what they need and which friction points are giving them the most pain. 1, they want to accelerate the transformation of how work gets done," Gupta told PYMNTS in an interview.

Cash Flow Forecasting 59

Cash Flow Forecasting Accounts Payable Invoicing Corporate Finance 59

PYMNTS

FEBRUARY 1, 2021

Automatically looping information across various financial platforms — including accounts payable (AP), accounts receivable (AR) and expenses — is critical to achieving a real-time view of cash positions and developing more accurate forecasts. Data integration is climbing to the top of chief financial officers' priority lists.

Accounts Payable 98

Accounts Payable Compliance Corporate Finance Cash Management 98

CFO Talks

JUNE 7, 2022

Steward Role & Competencies: Accounting, control, risk management and asset preservation are the proficiencies of the Steward. Competencies include: Working knowledge of risk management, budget, and forecasting tools. Accounting knowledge (IFRS and taxation). Corporate finance. Project management.

CFO 52

CFO IFRS Leadership Risk Management 52

Bramasol

OCTOBER 31, 2023

Here again, working with experienced QTC and RevRec specialists who understand both the business/accounting issues and the technical capabilities can help companies chart a forward path that delivers in both the near term and over the long run.

SAP 52

SAP IFRS Compliance Construction 52

CFO News Room

DECEMBER 16, 2022

Most financial managers have previous experience working in market analysis and forecasting positions similar to this one. They may work in various industries, such as investment firms, accounting firms, banks, or the government. Chief compliance officers often have a degree in finance, law, accounting, or business administration.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

Future CFO

SEPTEMBER 17, 2023

The Financial Planning and Analysis ( FP&A ) team performs budgeting, forecasting, and analysis that support major corporate decisions of the CFO, the CEO, and the Board of Directors. The job of managing a corporation’s cash flow typically falls to its FP&A team and its Chief Financial Officer (CFO).

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO SAP Leadership 52

PYMNTS

JANUARY 7, 2021

There are a lot of moving parts in B2B payments that are keeping corporate finance executives busy as they work to modernize and optimize their operations. Holroyde forecasted that 2021 and beyond will see an acceleration of collaboration between banks and FinTechs. How do you bring it into your system?".

B2B 97

B2B Accounts Payable Treasury Corporate Finance 97

PYMNTS

JULY 23, 2018

Treasury-related accounting tasks, payment fund transfers and cash flow forecasting are also top time-wasters for treasurers relying on spreadsheets. Using Excels spreadsheets to analyze daily global cash positions is the largest time-waster, analysts found, noting that this process alone wastes 1,296 hours a year.

Cash Management 40

Cash Management Cash Flow Forecasting Treasury Corporate Finance 40

VCFO

NOVEMBER 18, 2021

If a weather forecaster presented those odds the night before for adverse weather, a rational person would pack an umbrella and coat before setting out. Accounting integration. No urgency or lack of timeline milestone accountability. Conflicting goals and strategies. Personnel Conflicts (Management and in the rank and file).

Mergers and Acquisitions (M&A) 54

Mergers and Acquisitions (M&A) Planning Strategic Planning Corporate Finance 54

PYMNTS

NOVEMBER 16, 2018

RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. Below, PYMNTS breaks down the more than $912 million raised by B2B FinTech firms this week.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

JULY 24, 2018

The biggest time-waster linked to spreadsheets in the treasury department is using the tool to establish global cash positions, analysts noted, while treasury-related accounting tasks and cash forecast generation followed close behind.

Finance 41

Finance Treasury Corporate Finance Forecasting 41

PYMNTS

OCTOBER 29, 2018

This is especially true in finance-related functions like accounting, procurement, payroll and treasury, and a new survey from Workday suggests chief financial officers are recognizing the opportunities in a more collaborative approach to their positions.

CFO 58

CFO Corporate Finance Finance Risk Management 58

CFO Talks

MARCH 14, 2024

They play a crucial role in strategic planning, risk management, and driving innovation, extending their influence far beyond the finance department. Moreover, the advent of big data and advanced analytics has armed CFOs with tools to forecast trends, optimize operations, and shape company strategies with unprecedented precision.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

PYMNTS

APRIL 24, 2018

The takeover of City Forex, announced in February, followed last August’s acquisition of CardOne and the launch of its Fair Everywhere solution, a small business current account that includes global payment and foreign exchange management services. In terms of corporate financial services, Opus Bank said business deposits drove a $99.7

Profit and Loss 40

Profit and Loss Foreign Exchange Corporate Finance Banking 40

PYMNTS

MAY 11, 2018

The potential cannot be ignored, however – particularly in the finance department, where information from accounts payable, accounts receivable, treasury and accounting hold the keys to insight into cash flow, predictable payment behavior and new opportunities to boost the bottom line. ”

Accounts Payable 40

Accounts Payable Treasury SAP Forecasting 40

Future CFO

DECEMBER 7, 2020

When did you start to become interested in finance? Sereen Teoh (ST): I was born and raised in a small fishing village in Penang, Malaysia where I’ve dreamed of becoming an accountant since I was small. Or is it an issue in the finance and accounting profession in general in Malaysia? I achieved that dream.

CFO 52

CFO Financial Planning and Analysis (FP&A) Leadership Finance 52

Musings on Markets

FEBRUARY 27, 2023

If you have taken a corporate finance class sometime in your past life are probably wondering how this approach reconciles with the Miller-Modigliani theorem, a key component of most corporate finance classes, which posits that there is no optimal debt ratio, and that the debt mix does not affect the value of a business.

Corporate Finance 52

Corporate Finance Finance Marketing Leverage 52

PYMNTS

JUNE 30, 2016

But not every firm is prioritizing the use of technology that can provide more sophisticated financial forecasting. When it comes to far-reaching events like Brexit, corporations, Seward explained, must take into account a complex array of factors. “Corporates want to forecast,” he said.

Budgeting 40

Budgeting Treasury Forecasting Prioritization 40

PYMNTS

APRIL 5, 2016

For example, The Hackett Group found that “account-to-report organizations that focus on overall process costs exhibit better business partnering and relationship management than those that measure cost per transaction and other lower-level metrics.”. “By And the quality of that data will also be key.

Leadership 42

Leadership CFO Prioritization Finance 42

PYMNTS

APRIL 24, 2019

Doug Collins and Senate Judiciary Committee Chairman Chuck Grassley, aims to “take into account the unique needs of small businesses and streamline existing reorganization processes.” The bill, first introduced last November and sponsored by Rep. In the U.S., particularly retail – are seeing insolvency rates surge.

Forecasting 56

Forecasting Retail Economics Numbers 56

Musings on Markets

JANUARY 9, 2021

While the universe of companies is diverse, with approximately half of all firms from emerging markets, it is more concentrated in market capitalization, with the US accounting for 40% of global market capitalization at the start of the year. If there is a hole in my sample, it is the absence of privately owned businesses.

Valuation 52

Valuation Currencies Numbers Corporate Finance 52

PYMNTS

DECEMBER 29, 2016

Traditional banks have continued their sloth-like pace in FinTech adoption, added Galarza, which has led corporates to seek innovative services from non-bank players. “In In the accounting industry, businesses already trust providers of Software-as-a-Service (SaaS) with their most valuable asset: data,” he said. “It

Securities 72

Securities Banking Restructuring Compliance 72

PYMNTS

APRIL 5, 2016

Last February, the latest data found that India is now outpacing China as the world’s fastest-growing economy, with the nation’s Central Statistics Office forecasting 7.6 To India, And Beyond . percent growth this year. Once the numbers are tallied, India’s economic growth rate is slated to hit 7.3 percent in the three months to Dec.

Banking 73

Banking Foreign Exchange Currencies Forecasting 73

PYMNTS

NOVEMBER 15, 2018

He remains “bullish,” he said, on the technology’s ability to streamline vendor payments, as well as to make a bigger impact on the broader corporate finance ecosystem. That same information is key to alternative and traditional lenders, which need this data to underwrite their financing.

B2B 74

B2B Cash Flow Forecasting Corporate Finance Forecasting 74

PYMNTS

JANUARY 20, 2021

Corporate finance teams were not simply tasked with finding ways to continue operations in a remote work environment as a result of the coronavirus crisis. Finance and accounting workflows lend themselves well to these three pillars, he said, and Fitzmaurice agreed. “It The Biggest Pain Points, Revealed.

B2B 125

B2B Prioritization Invoicing Corporate Finance 125

Bramasol

APRIL 26, 2023

And on the back-end the company needs to integrate with revenue management and compliance reporting processes that properly account for various revenue streams. In such a case, the company needs to integrate the more complex billing and revenue recognition processes into seamlessly integrated, simplified billing for their customers.

SAP 86

SAP Corporate Finance Compliance Invoicing 86