PYMNTS

JANUARY 2, 2020

The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products to change the industry in new ways, according to a report by Bloomberg Tax. That means accountants will be expected to become business advisers, not just number checkers.

Data Analysis 71

Data Analysis Accounting Standards Auditing Invoicing 71

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

Future CFO

JULY 17, 2023

Global corporate treasury leaders can serve as particularly essential strategic advisers right now— if they can harness the right data, analysis, and technology strategy to navigate choppy market conditions. 2) Utilise advanced liquidity management techniques. 3) Enhance working capital management.

Treasury 98

Treasury Forecasting Cash Management Concentration 98

PYMNTS

FEBRUARY 13, 2020

For a great example of an attempt at security that does much more to annoy legitimate consumers than to actually fend off fraudsters, look no further than CAPTCHA. When we put these detection mechanisms in the space, we have to take a holistic view of what is going to drive security, but also reduce friction,” Xie said. “So

Securities 98

Securities Data Analysis Numbers Technology 98

Centage

MARCH 14, 2023

Leaving spreadsheets behind for your workforce planning needs also offers enhanced overall business security. After all, managing personnel data with Excel means leaving confidential data vulnerable. With Planning Maestro, you can minimize this risk by carefully controlling who sees what.

Financial Planning and Analysis (FP&A) 98

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

Future CFO

AUGUST 7, 2023

Edge AI Demand for Edge AI is growing to enable the processing of data at the point of creation at the edge, helping organisations to gain real-time insights, detect new patterns and meet stringent data privacy requirements. Edge AI also helps organisations improve the development, orchestration, integration and deployment of AI.

Concentration 52

Concentration Data Analysis Compliance Investments 52

Future CFO

AUGUST 21, 2023

An example would be using Natural Language Processing (NLP) to analyse contracts and recommend the correct accounting treatment. Skills such as data analysis, and the ability to interpret complex financial data are core competencies along with strong communication and collaboration skills are table stakes.

Finance 98

Finance Compliance Data Analysis Leverage 98

PYMNTS

AUGUST 10, 2020

This means leveraging data analysis to match consumers with the payment methods they are most likely to use, and then providing them with both those payment options and interesting content. One example: giving consumers the option of making purchases using a mobile wallet without having to open their own accounts. “If

Data Analysis 97

Data Analysis Prioritization eCommerce Leverage 97

PYMNTS

AUGUST 8, 2020

This means leveraging data analysis to match consumers with the payment methods they are most likely to use and then providing them with both those payment options and interesting content. One example: giving consumers the option of making purchases using a mobile wallet without having to open their own accounts. “If

Data Analysis 75

Data Analysis Prioritization eCommerce Leverage 75

Adam Kae

JULY 17, 2023

It's important to have a specialized hire to help you go over industry benchmarks, historical data analysis, and forecasting techniques to enhance your decision-making process. We will discover key considerations when evaluating these options and strategies to present a compelling case for securing capital.

CFO 52

CFO Marketing Cash Flow Forecasting Budgeting 52

The Finance Weekly

AUGUST 26, 2023

This AI-driven approach strengthens risk management by providing timely insights and informed decisions based on real-time data analysis and predictive modeling. AI offers continuous monitoring, streamlined reporting, and predictive analytics for overseeing cash across bank accounts.

Risk Management 52

Risk Management Profit and Loss Currencies Compliance 52

Future CFO

AUGUST 30, 2021

These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances. The specialist skills within finance and accounting that are proving to be the most difficult to find amongst job candidates include business/financial analysis, compliance, financial planning and analysis, risk, and internal audit.

Financial Planning and Analysis (FP&A) 52

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

PYMNTS

NOVEMBER 13, 2019

The My Sis-id app combines a data analysis engine which lets businesses combine account info from suppliers, and an ability to register bank details in the blockchain, creating a tamper-proof, shared ledger of bank data. “My 13) a partnership to help with the risks and costs associated with payments fraud.

Data Analysis 40

Data Analysis Banking Accounting Securities 40

Centage

JUNE 14, 2022

Centage sees the seamless integration of multiple data sources with Planning Maestro as a strategic imperative. To ensure all of our clients benefit from dynamic and real-time planning and budgeting, we’ve pre-built integrations with the leading accounting, GL, ERP and other business systems.

Financial Planning and Analysis (FP&A) 59

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

PYMNTS

SEPTEMBER 17, 2019

billion protected accounts and more than 800 billion events across industries, which significantly boosts machine learning. The hallmark of the DataVisor approach is our holistic approach to data analysis using sophisticated feature engineering and machine learning.

Data Analysis 66

Data Analysis Technology Accounting Securities 66

PYMNTS

NOVEMBER 5, 2019

We share a common mission to make digital transactions safe, secure and seamless, and we are committed to providing the most advanced, future-facing solutions possible to their clients,” said DataVisor CEO and Co-Founder Yinglian Xie in the release. The move will help detect fraud patterns, the companies said in a press release. “We

Data Analysis 42

Data Analysis Securities Technology Accounting 42

PYMNTS

AUGUST 24, 2018

We are tapping our deep capabilities in data analysis to help KeyBank with fraud detection.”. The more complicated but more interesting part of the platform, according to Mastercard’s President of Enterprise Risk and Security Ajay Bhalla , as noted in 2016 , is the difference in approach that AI takes to making its “choices.”.

Data Analysis 42

Data Analysis Leverage Securities Technology 42

Collectiv

FEBRUARY 2, 2022

In this class, drill down on topics like advanced PowerQuery, M Coding, advanced modeling techniques, and using Data Analysis Expressions (DAX). After an implementation, IT is responsible for keeping your new tool and the data within it secure. Specialized training for IT support staff.

Education 52

Education Benchmarking Prioritization Data Analysis 52

Centage

SEPTEMBER 6, 2022

While there are many alternatives to spreadsheets, some organizations still consider them an important part of their accounting procedures. The familiarity of spreadsheets and their ease of use mean many employees are happy to keep working with them, even though they may create serious security risks.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

PYMNTS

NOVEMBER 12, 2018

Fraudsters are not just increasing the frequency of their attacks against retailers, they’re also getting smarter and changing how and when they attack retailers in order to cause the most damage and reap maximum rewards, according to Shamoun Siddiqui, vice president and chief information security officer at Neiman Marcus.

Sales 59

Sales Retail Data Analysis Technology 59

PYMNTS

SEPTEMBER 2, 2016

According to the Wall Street Journal’s Ulrike Dauer , Germans who previously deposited funds into savings accounts despite quickly falling interest rates have been eschewing banks to keep their savings at home, in cash. Cash remains so popular in Germany due to privacy and security concerns. About the Index.

Data Analysis 40

Data Analysis Manufacturing Securities Banking 40

PYMNTS

MARCH 30, 2018

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. Texas’ SpyCloud delivers protection against account takeover for its corporate clients. Kenna Security. Back-Office.

Startups 46

Startups B2B Mergers and Acquisitions (M&A) Accounts Payable 46

PYMNTS

SEPTEMBER 1, 2017

million in total funding across nine rounds, with startups ranging from corporate travel and expense (T&E) management and small- and mid-sized business (SMB) accounting to artificial intelligence and beyond. Small Business Accounting. This week’s B2B venture capital activity led to an impressive $141.2 FlowAccount.

B2B 54

B2B Startups Data Analysis eCommerce 54

PYMNTS

DECEMBER 14, 2018

They include Internet of Things (IoT)-connected manufacturing machines, cross-platform financial data analysis, predictive analytics for inventory management and more. million was raised by B2B startups tearing down data silos. In all, more than $87.8

B2B 51

B2B Startups Treasury Financial Data 51

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

DECEMBER 20, 2019

FinTech firms have reportedly been accusing banks of preventing access to the financial data of end-users. With PNC Bank , in one case, clients noted they were unable to link accounts to Venmo. Combating fraud, however, comes at a cost, as burdensome security procedures may scare away legitimate customers.

B2B 40

B2B Data Analysis Retail Banking 40

PYMNTS

NOVEMBER 30, 2017

To gauge the factors powering cash’s growth, PYMNTS recently caught up with BoE’s director of bank notes and chief cashier, Victoria Cleland, who oversees the production, distribution and security features of banknotes. Cash accounted for 40 percent of all payments and 44 percent of payments made by consumers in the U.K.

Data Analysis 66

Data Analysis Banking Budgeting Numbers 66

Centage

SEPTEMBER 6, 2022

While there are many alternatives to spreadsheets, some organizations still consider them an important part of their accounting procedures. The familiarity of spreadsheets and their ease of use mean many employees are happy to keep working with them, even though they may create serious security risks. Lack of Security Features.

Securities 52

Securities Cash Flow Forecasting Budgeting Forecasting 52

PYMNTS

JANUARY 25, 2018

Other uses include social benefits disbursement, such as Social Security payments. 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. mail system to make payments via paper check.

Banking 40

Banking Data Analysis Accounting Numbers 40

The Finance Weekly

AUGUST 27, 2023

Encompassing tasks such as analyzing financial data, creating budgets and forecasts, managing accounting processes, and ensuring tax adherence and regulatory compliance, these advanced solutions empower finance teams to concentrate on strategic decision-making and higher-value tasks. .

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Forecasting Budgeting 52

Future CFO

MARCH 7, 2021

Wang: The conversation around gender parity in the finance and accounting is often centred around hiring women in senior roles, such as the CFO. The new normal for the finance professional will require being comfortable with ambiguity, ingenuity, data analysis, and the ability to be good business partners.

Finance 52

Finance SAP Leadership CFO 52

The Finance Weekly

APRIL 28, 2024

These let you link up your accounting and finance software with all the top business apps out there. Quickbooks Online Overview QuickBooks Online is an accounting software that lets companies, big or small, handle finances from anywhere with an internet connection.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Invoicing Budgeting Finance 52

Centage

AUGUST 24, 2022

These concerns could include time-consuming manual entry, difficulties consolidating data, less security for sensitive information, limited collaboration capabilities, delayed reporting, and difficulties accessing historical or real-time data. Copying and pasting data into your spreadsheet. Double-checking for errors.

Financial Planning and Analysis (FP&A) 98

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

CFO Leadership

OCTOBER 10, 2023

Some are currently available and some deployments are in process or development, including benefits AI can bring to the intellectual property landscape.IX

Risk Management 105

Risk Management Healthcare Leadership B2C 105

Centage

OCTOBER 3, 2022

These can become apparent as your business grows and your accounting needs get more involved. Disadvantages of Excel for Financial Forecasting While Excel is not necessarily bad for data analysis or financial forecasting, it may not be the best option available to your business. Users cannot create unique passphrases for access.

Forecasting 98

Forecasting Budgeting Data Analysis Financial Modeling 98

Centage

JULY 25, 2023

Businesses across numerous industries use Microsoft Excel spreadsheets to accomplish a wide range of tasks, including bookkeeping, accounting, and project management. For many business owners, automated software outperforms conventional Excel spreadsheets for several accounting tasks, especially for emerging and growing businesses.

Budgeting 98

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