CFO Leadership

MAY 31, 2023

Data analysis and leadership were ranked by CFOs as the most important skills for new team members, outpacing more traditional competencies like accounting and project management. Accounting, industry knowledge, and project management dropped to third, fourth, and fifth position, respectively.

Prioritization 52

Prioritization Technology Leadership CFO 52

Centage

AUGUST 15, 2022

By incorporating a driver-based approach, you empower your financial leaders to focus on the data that matters while ensuring the numbers you have are accurate. Greater Efficiency If you’re feeling overwhelmed by the amount of data available to your business, then you’re not alone.

Budgeting 105

Budgeting Planning Forecasting GAAP 105

PYMNTS

MARCH 10, 2020

In an interview with PYMNTS, Matt Wilcox, senior vice president of payments innovation at Fiserv , said recent data points show that an increasing number of financial institutions (FIs) are determined to satisfy a real demand for real-time transactions. Streamlining the Onboarding Process.

B2C 92

B2C Education Data Analysis Risk Management 92

Future CFO

MARCH 21, 2022

An essential skill for every finance professional is the ability to tell the story behind the numbers, according to Keith Chan , chief financial and technology officer at McDonald’s Hong Kong. Visualisation of big data enables ‘speed-to-insights’ of management as people prefer visuals to hard numbers. Keith Chan.

Data Analysis 52

Data Analysis Leverage Leadership Finance 52

Centage

MARCH 14, 2023

Automating the process allows your finance team to better control expenses across different operational centers, shifts and products, adjust payroll numbers for high turnover departments, and even budget at an individual employee level to see the cash flow implications of each employee’s taxes and benefits throughout the year.

Financial Planning and Analysis (FP&A) 98

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

PYMNTS

JUNE 1, 2020

The teams of EY will tap into the software technology of GTKonnect, which covers a number of areas with the inclusion of free trade agreements, import/export compliance, country of origin, master data management, foreign trade zones and tariff classification as well as reconciliation.

Reconciliations 52

Reconciliations Data Analysis Compliance Accounting Firms 52

Centage

JUNE 14, 2022

Can numbers compiled manually and memorialized in this spreadsheet be trusted? The Ideal: In today’s dynamic business environment, executives want “living” budgets that are updated with real-time data and actuals as they occur. To deliver on that ideal, manual data entry must be eliminated.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Budgeting Forecasting Prioritization 59

Centage

MARCH 15, 2022

The most agile leaders collect a wide range of information from management accounts, market research, government sites, press accounts, and more. Stick to Four Scenarios After collecting data and input from multiple sources, you may be tempted to create dozens of scenarios.

Planning 98

Planning Forecasting Budgeting Prioritization 98

Fpanda Club

SEPTEMBER 2, 2021

Familiar with data analysis and armed with powerful tools, FP&A teams start to play more visible roles in the organizations providing their leaders with actionable insights and recommendations on the best ways to achieve company’s objectives, thus, having the direct impact on their company’s results and success.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Budgeting 130

Jedox Finance

JANUARY 23, 2020

EPM bridges the gap between these different planning silos and supports planning, analysis and reporting of business results, KPIs and more. Collection of organization-wide financial and non-financial data. Analysis and calculation of major KPIs. We can look at this as a process: . Target setting for select business drivers.

Financial Planning and Analysis (FP&A) 88

Financial Planning and Analysis (FP&A) Budgeting Data Analysis Forecasting 88

PYMNTS

FEBRUARY 13, 2020

But I want to broaden the scope of real-time account monitoring and start understanding the customer over the course of their lifecycle.”. Theoretically – but not actually. Because, Xie noted, the state of cybersecurity in 2020 seems to demand this more holistic approach. . But, she added, a heavy lift is not necessarily impossible. “I

Securities 98

Securities Data Analysis Numbers Technology 98

PYMNTS

OCTOBER 16, 2020

Fast-food giant McDonald’s was not interested in using AI or data analytics until it noticed that many of its competitors were benefiting from the technologies. This revelation prompted the company to launch several innovations, including digital menus that change based on real-time data analysis.

Leverage 109

Leverage Data Analysis Sales Securities 109

PYMNTS

SEPTEMBER 11, 2018

Saudi Arabia and Turkey are seeing the number of plastic cards in circulation increase, with Turkey now one of the largest card markets in the region. Cash share accounted for 60 percent of South Africa’s gross domestic product (GDP), as well as 37.5 This is not to say that other payment methods are not seeing growth in adoption.

Data Analysis 68

Data Analysis Accounting Economics Banking 68

PYMNTS

OCTOBER 2, 2020

That accounts for 2.3 For eCommerce, Americans spend about $617 a year in the electronics and appliance categories, which accounts for the highest percentage of spend at 23.3 When it comes to the battle between Bentonville and Seattle, Amazon is taking the lion’s share of this category, according to an exclusive PYMNTS data analysis.

Profit and Loss 56

Profit and Loss Data Analysis eCommerce Advertising 56

Centage

MARCH 2, 2022

For example, in October 2014, the number of outstanding shares of Tibco Software was misstated because of one small spreadsheet error. Budgets created in Planning Maestro pull data directly from your data sources (e.g., GL, ERP) and process all transactions in accordance with the company’s business logic and accounting rules.

Financial Reporting 98

Financial Reporting Budgeting Forecasting Data Analysis 98

Centage

JANUARY 31, 2022

Analysis can be flawed as the development and analysis of the cash flow statement is almost an afterthought and thus there’s no link between the cash flow analysis and critical business decisions.

Cash Flow Forecasting 98

Cash Flow Forecasting Financial Planning and Analysis (FP&A) Forecasting GAAP 98

Collectiv

JUNE 13, 2023

Data analysis is a treasure trove for non-profits. Solid processes around nonprofit data give you critical information to highlight unique aspects of your organization, boost morale, increase credibility, enhance transparency, and build community awareness to support your mission.

Nonprofit 52

Nonprofit Leverage Budgeting Analyzing Data 52

PYMNTS

JANUARY 21, 2019

Corcentric President and COO Matt Clark explained that failing to transform financial functions, like accounts payable (AP) and accounts receivable (AR), can actually stall businesses’ expansion efforts. Organizations need to understand that back-end financial processes are not simply administrative necessary evils, Clark said.

B2B 75

B2B Accounts Payable Data Analysis Accounting 75

Centage

DECEMBER 1, 2021

If your board asked you to run new numbers based on fresh assumptions, it took you days or weeks to create a new set of reports. If you are relying on disparate pieces of data from multiple systems, the latter answer is “no” — or not without a great deal of difficulty.

Forecasting 98

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

CFO Talks

OCTOBER 21, 2022

. “As CFOs and directors, we lead teams in our companies, but we also need to belong to a group of people who are like-minded in terms of experience,” says Mami Langa from Shole Accounting Services, who described the tour as similar to team building. . What South Africa can learn from Italy. .

CFO 52

CFO Data Analysis Auditing Transportation 52

PYMNTS

NOVEMBER 4, 2016

According to a recent study from Visa, 79 percent of Polish mobile phone users have made a mobile payment in the last year, and research from Statista reports that the number of smartphone users in the European nation is on the rise. Cash share is expected to fall to 32 percent of the GDP by 2020.

Data Analysis 70

Data Analysis Numbers Banking Accounting 70

Centage

DECEMBER 14, 2023

Advanced modeling techniques : Implement forecasting models that account for a broader range of variables. How finding forecast errors improves your budget Regularly identifying and analyzing the forecast errors in your budget is not just about correcting those numbers — it’s a strategic move toward long-term financial resilience.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Forecasting Budgeting Analyzing Data 40

Centage

NOVEMBER 22, 2021

While updating numbers is easy enough in any budget, when you start modifying the structure of the model things get ugly. Just adding an account can cause the plan and budget to fall apart. But understanding the financial impact of decisions is just the tip of the iceberg.

Financial Planning and Analysis (FP&A) 72

Financial Planning and Analysis (FP&A) Nonprofit Planning Finance 72

PYMNTS

OCTOBER 11, 2016

When it comes to ad spend these days, programmatic advertising — using software and algorithms to purchase data-based and highly targeted digital ads automatically — is the new king. In 2016 alone, programmatic advertising will account for 73 percent of all digital display ad budgets. That’s a total of $25.23 That’s a $15.45

Advertising 79

Advertising Forecasting Data Analysis Budgeting 79

Musings on Markets

JANUARY 9, 2021

In this post, I will start with a rationalization of why I do this data analysis every year, follow up with a description (geographic and sector) of the overall universe of companies that are in my analysis, list out the variables that I estimate and report, and conclude with a short caveat about 2020 data.

Valuation 52

Valuation Currencies Numbers Corporate Finance 52

PYMNTS

NOVEMBER 27, 2018

Drivers might also be working fewer hours, though the numbers and data analysis in the study did not go so far as to offer a determination on that. As well, gig workers around the globe are demanding more efficient payment disbursements, which involves not only speed but also deposit into local accounts.

Transportation 55

Transportation Data Analysis Economics Numbers 55

PYMNTS

JANUARY 25, 2018

Isaacson noted that many businesses end up making wage and rebate payments in this manner, and the reason often involves accessing consumers’ checking accounts and routing numbers. In some cases, such numbers are difficult to remember, and in others, consumers might not know how to find the information on a digital platform.

Banking 40

Banking Data Analysis Accounting Numbers 40

PYMNTS

AUGUST 7, 2018

In fact, the number of mobile wallets in India grew by 433 percent between 2015 and 2017. Digital payments provider Paytm , for one, was reportedly able to triple its user base, onboarding 14 million accounts in November 2016 alone.

Data Analysis 41

Data Analysis Banking Financial Systems Sales 41

PYMNTS

DECEMBER 20, 2017

Other key takeaways from the new PYMNTS.com Global Cash Index Germany Analysis: Germany’s GDP grew by an average of 1 percent per year between 2007 and 2016, bringing its total GDP to €3.1 trillion and making it the number one economy in Europe. Over the counter (OTC) cash withdrawals accounted for 8.8 percent of the GDP.

Data Analysis 46

Data Analysis Economics Currencies Banking 46

Planful

JUNE 9, 2021

But, consider how AI will alert you to potential mistakes across the millions of numbers no human could ever review in a timely manner. . FP&A teams will spend less time checking and double-checking, and more time making smarter recommendations and more impactful decisions, all with much more confidence in the numbers.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Forecasting Data Analysis Planning 40

PYMNTS

NOVEMBER 30, 2017

While, for many industry spectators, the growth in volume of contactless payments equated to a correlating drop in cash use, the actual numbers reveal that despite a growth in competition from alternate payment forms, cash is continuing to hold its ground. in 2016, according to BoE’s data. continues to climb. And rightfully so.

Data Analysis 66

Data Analysis Banking Budgeting Numbers 66

PYMNTS

NOVEMBER 11, 2019

Some sources estimate that modern businesses use as little as 1 percent of their unstructured data, meaning many do not consider the context when scanning for fraud. Strategies that rely on both structured and unstructured data have been so successful that U.S. agencies now regularly employ them.

Analyzing Data 46

Analyzing Data Data Analysis Treasury Accounting 46

PYMNTS

NOVEMBER 12, 2018

Hackers and fraudsters have been relentless in the past year or two, attacking retail websites, scraping gift cards and probing accounts for weak passwords,” he explained. “We We are accumulating and synthesizing an unprecedented and overwhelming amount of data, and traditional business intelligence has reached its limits,” he said.

Sales 59

Sales Retail Data Analysis Technology 59

Musings on Markets

JANUARY 5, 2024

In pursuit of an answer to that question, I used company-specific data from Value Line, one of the earliest entrants into the investment data business, to compute an industry average.

Valuation 98

Valuation Financial Analysis Analyzing Data Profit and Loss 98

Planful

JANUARY 11, 2022

Consider how the State of Pennsylvania overpaid a school district by half a million dollars because the spreadsheet data supplied by the district inflated enrollment numbers. As data collection expands and an organization scales, this type of throw-more-people-at-it strategy is simply unsustainable.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40

Embark With Us

JANUARY 19, 2022

So give us a few minutes as we explain how Alteryx is the next evolutionary step from Microsoft Excel and, most importantly, how it can reinvent your accounting function into a streamlined, nimble, and value-adding powerhouse for your entire enterprise. Data cleansing. Data requirements. Data structuring. What Is Alteryx?

Accounting 98

Accounting Finance Data Analysis General Ledger 98

PYMNTS

MARCH 5, 2017

According to Mike Kaplan, senior vice president of business development, the company’s customers elect to pay bills for things like cell phones and utilities, because they may not have bank accounts or just find that paying in cash is more convenient. So I don’t see them moving away from cash anytime soon,” Burge said in an interview.

Technology 50

Technology Currencies Data Analysis Retail 50