PYMNTS

AUGUST 2, 2019

In a recently reported data breach, Poshmark said it recently learned that an unauthorized third party acquired data from some users. The fashion marketplace company said the information does not include physical addresses or financial data, according to a web post.

Financial Data 76

Financial Data Securities Accounting Retail 76

PYMNTS

JULY 26, 2020

The announcement by the Consumer Financial Protection Bureau ( CFPB ) comes on the heels of a symposium it held in February which included experts from consumer groups, financial technology (FinTech) companies, trade groups, banks and data aggregators.

Financial Data 69

Financial Data Leverage Securities Accounting 69

Future CFO

FEBRUARY 15, 2021

BlackLine recently published a report titled, Finance & Accounting: in a Post-COVID World: Navigating the Changing Landscape. The pandemic has exposed gaps in the policies, the processes, the technologies that finance and accounting rely on. In the new normal, response time to changes is as critical as the accuracy of data. “We

Financial Data 52

Financial Data Finance Benchmarking CFO 52

Spreadym

JUNE 13, 2023

The chart of accounts is a systematic listing of all the financial accounts used by an organization. It serves as a framework for organizing and classifying financial transactions, providing a standardized structure for recording and reporting financial information. Here's how it typically functions.

Accounting 52

Accounting Financial Analysis Compliance Benchmarking 52

Beacon CFO Plus

NOVEMBER 30, 2023

How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. This ensures your company’s financial and accounting needs are met effectively.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

https://trustedcfosolutions.com/feed/

DECEMBER 14, 2021

How do you dramatically improve reporting and gain visibility into your financial data while reducing your General Ledger accounts by more than 90%? In this one-hour webinar, you’ll learn about the benefits of a modern financial management system and its game-changing multi-entity, multi-dimensional, General Ledger?starting

Accounting 52

Accounting General Ledger Financial Systems Financial Data 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

PYMNTS

DECEMBER 16, 2020

Ternio , a global FinTech platform, has integrated with Plaid , a financial data company, to help Ternio BlockCard bank accounts access faster and more secure connections to financial accounts, according to a press release. dollars between all of their accounts.”.

Accounting 106

Accounting Financial Data Securities Banking 106

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

Centage

SEPTEMBER 26, 2023

It’s the only FP&A software solution that doesn’t require you to enter formulas every time you need to make a change or add an account. Planning Maestro’s built-in accounting rules and business logic let you build an accurate, driver-based budget quickly and easily. Formula-free budgeting? No programming. The result? Sound useful?

Financial Planning and Analysis (FP&A) 52

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

The CFO College

AUGUST 31, 2021

If company owners don’t have a realistic view of their financials and are not set up for capital raising, reports, and tax prep, their dream may fade away before they ever get a chance to open their doors. As an accountant or bookkeeper, you can help prevent startups from going under or losing profitability. And much more.

Startups 81

Startups Accounting General Ledger Forecasting 81

CFO Network

SEPTEMBER 9, 2022

The nightmare for accountants and businesses alike is a growing issue. The financial data, in particular, makes it a prime target to hackers who want your information- whether you’re an individual or a company! Why Accounting cyberattacks are on the rise, and what you can do about it. Know Your Threats.

Securities 52

Securities Accounting CFO Accounting Standards 52

Boston Startup CFO

APRIL 3, 2023

But there's one aspect that often dampens those dreams: accounting. Fear not, dear startup founder, for we have a solution to ease your accounting woes—outsourcing. Here's how outsourcing your accounting can liberate you from number-crunching nightmares and help your startup flourish. Saving money, of course!

Startups 52

Startups Accounting Compliance Financial Reporting 52

PYMNTS

APRIL 7, 2017

The approach to financial services for consumers and businesses is quite vast, but across the spectrum, access to and management of financial data is a critical component. Finicity , a company built for financial data aggregation, is jumping into the conversation.

Financial Data 76

Financial Data Technology Securities Banking 76

PYMNTS

FEBRUARY 20, 2020

As Open Banking spreads further into the small business (SMB) financial services market, accounting and lending platforms are taking advantage. A spokesperson for the bank confirmed reports, noting that JPMorgan had already signed agreements that cover about 95 percent of data access requests.

Accounting 87

Accounting Banking Invoicing Sales 87

PYMNTS

MARCH 14, 2019

That data connectivity is a key component of the firms’ integration, with Cleo Integration Cloud allowing firms to streamline the flow of data from external systems and interactions, such as with suppliers, customers and partners.

Financial Data 56

Financial Data Invoicing Finance Sales 56

PYMNTS

JUNE 15, 2020

Digital accounting platform Receipt Bank has acquired analytics firm Xavier to help boost services for accountants and bookkeepers, according to a press release. The press release touts the move as one that can help companies streamline their accounting services. By using this technology, bookkeepers can save money and time.

Accounting 56

Accounting Banking Financial Data Planning 56

PYMNTS

JANUARY 22, 2020

As for the mechanics: An “account aggregator” system is being created by banks, and will be regulated and licensed by the central bank. This means data cannot be retrieved, shared or even transferred by the aggregator without that consent. Also, the aggregator may not store data tied to the customer, such as passwords.

Accounting 52

Accounting Banking Education Leverage 52

PYMNTS

NOVEMBER 13, 2018

APIs offer third-party FinTech firms new opportunities to make use of valuable data stored within traditional bank accounts. In some instances, these systems deploy this data to create a solution that banks haven’t developed themselves, often due to restricted investments in small business product development.

Cash Flow Forecasting 73

Cash Flow Forecasting Accounting Banking Forecasting 73

PYMNTS

MAY 3, 2020

Ben Errez, executive vice president and chairman for GreenBox, said approved GreenBox clients will now be able to “request funds from their account in the morning and see it land in their bank account that same day, hours later.”. And although the service isn’t universal for the U.S. million payments.

Accounting 69

Accounting Financial Data Finance Sales 69

PYMNTS

NOVEMBER 13, 2019

Google is planning to launch consumer checking accounts next year in partnership with Citigroup and Stanford University, The Wall Street Journal (WSJ) reported on Wednesday (Nov. Code-named Cache, the accounts will be handled by Citigroup and a credit union at Stanford University. A recent McKinsey & Co.

Accounting 64

Accounting Banking Financial Systems Startups 64

PYMNTS

JANUARY 9, 2019

One way this shift has materialized is in how small businesses seek and hire financial professionals to join their companies. 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.

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71

PYMNTS

DECEMBER 19, 2019

FinTech and automation technology have cast a shadow of anxiety on the accounting industry in recent years, as certified public accountants (CPAs) began to wonder whether their jobs would be replaced entirely by robots. Because there is a big disconnect between the accounting industry and the small business owner.”

Accounting 53

Accounting Finance Accounting Firms Benchmarking 53

PYMNTS

JUNE 26, 2020

This challenge exists for professionals across the back office, but in business accounting, the lack of data integration and accuracy mean finance experts are spending valuable time correcting information and moving numbers from one platform to another. All of these things require reliable data in real time.”

Accounting 52

Accounting Cash Flow Forecasting Invoicing Prioritization 52

PYMNTS

SEPTEMBER 21, 2016

20) it has released its new ACH Account Verification API. In a press release , the company said the service enables payment and investment app developers to quickly verify account details required to initiate inbound ACH account transfers. Finicity announced on Tuesday (Sept.

Accounting 66

Accounting Financial Data Communication Investments 66

PYMNTS

SEPTEMBER 9, 2019

Accountants and bookkeepers have a new reality with their small business clients: machines can do number-crunching and calculations, and these professionals are now forced to examine how to elevate their role with SMBs to continue to provide value. The Artificial Intelligence ‘Hype’.

Accounting 57

Accounting Technology Financial Data Numbers 57

PYMNTS

OCTOBER 28, 2019

Smart accounting app Coconut aims to automate bookkeeping for self-employed and small businesses (SMBs) around the U.K. The platform is already being used by 15,000 people and 500 accountants, enabling sole traders and limited SMBs to manage their business finances. There are over 5 million self-employed people in the U.K.,

Accounting 40

Accounting Banking Finance Financial Data 40

PYMNTS

MARCH 21, 2019

Zion Market Research released a report about the accounts payable software market on Wednesday (March 20), estimating the market will reach about $1,567 million by 2025, according to a release by the company. It allows the companies to maintain accurate financial records and track vendors and suppliers activities with ease.

Accounts Payable 52

Accounts Payable Accounting Marketing Startups 52

PYMNTS

NOVEMBER 17, 2016

The CFPB is taking a closer look at consumers and the relationship to their financial records — specifically the issues they face in accessing, using, and securely sharing their financial records. Technology provides opportunities to use these records to create new consumer tools that help improve financial lives.

Financial Data 74

Financial Data Budgeting Securities Accounting 74

PYMNTS

JULY 5, 2017

For a chief financial officer (CFO), having technology — from ERP systems to cloud accounting and cash forecasting tools — has become paramount when deploying a successful growth strategy. But Born said the human element is the key that’s often missing in these innovations to corporate financial reporting.

Financial Data 52

Financial Data Auditing Financial Reporting CFO 52

PYMNTS

MARCH 30, 2018

“On March 25, the MyFitnessPal team became aware that an unauthorized party acquired data associated with MyFitnessPal user accounts in late February 2018,” the company wrote in a statement. The stolen data includes account usernames, email addresses and scrambled passwords for the MyFitnessPal mobile app and website.

Accounting 49

Accounting Financial Data Securities Numbers 49

Future CFO

NOVEMBER 17, 2022

When it comes to cashflow visibility, under 4% of the 1,483 business leaders and finance and accounting executives from different countries report complete confidence, said Blackline recently. According to survey results, C-suite and finance and accounting respondents see that the three biggest challenges facing them in the coming year are:

Finance 96

Finance Financial Data Economics Budgeting 96

PYMNTS

OCTOBER 13, 2017

Veena Gundavelli, founder and CEO of order-to-cash management company Emagia Corporation , said this focus of financial management is a goldmine for data that can be used to analyze key metrics, like accounts receivable and days sales outstanding. “Is there a product line that customers are not liking, or disputing?

Financial Data 40

Financial Data Invoicing Cash Management Technology 40

PYMNTS

AUGUST 5, 2016

There is seemingly no end to the discussion of how automated accounting can improve a business’ performance. The market is on the cusp of a groundswell of adoption of these technologies, says Therese Tucker, CEO of accounting solutions firm BlackLine , after a long lull among mid-market firms.

Accounting 42

Accounting Reconciliations General Ledger Auditing 42

Future CFO

FEBRUARY 1, 2024

"It is absolutely critical businesses implement an accounting and reporting system for their ESG data that is as auditable, transparent, and reliable as their financial data accounting," Hasenoehrl says, "2024 is the year we have to start treating enterprise carbon data the same way we treat financial data."

Finance 52

Finance SAP Auditing IFRS 52

Future CFO

DECEMBER 20, 2023

The most commonly identified in Singapore, and globally, is training AI models to understand and interpret complex financial data accurately (41%). Trusting the outputs of AI (34%) and ensuring robust governance frameworks to stop the potential misuse of AI (34%), were also key concerns.

Auditing 52

Auditing Financial Data Accounting Technology 52

The Charity CFO

FEBRUARY 4, 2022

Do a Google search on nonprofit bookkeeping, and you’ll find page after page of articles on nonprofit accounting. Because while nonprofit bookkeeping and accounting are related, they’re not the same thing. A bookkeeper records and organizes financial data; an accountant interprets and presents that data. .

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Nonprofit Invoicing General Ledger GAAP 98