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

Future CFO

JANUARY 22, 2024

The accounting industry is undergoing profound transformation due to rapid technological advancements across all sectors in the market. Changes from manual record-keeping to sophisticated software solutions has undeniably shifted the accounting landscape, bringing in an era of heightened efficiency and accuracy.

Accounting

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

CFO Plans

SEPTEMBER 24, 2024

Did you know that businesses can reduce their financial management costs by up to 40% with the right accounting solutions? However, with the advent of scalable accounting solutions, businesses of all sizes can streamline their financial operations and focus on growth.

Accounting

CFO Plans

AUGUST 9, 2024

In the rapidly evolving landscape of business accounting, staying ahead requires more than traditional bookkeeping. Modern businesses need comprehensive financial strategies that ensure compliance, drive growth, and improve efficiency. Get specialized financial consulting for real estate.

Accounting

Future CFO

DECEMBER 31, 2021

What does this mean to the finance and accounting team of 2022? Increasingly more Finance & Accounting (F&A) functions will adopt a hybrid work model in which CFOs provide the tools to finance staff to productively work from anywhere. CFOs are the logical candidate to lead the ESG initiative.

Leadership

PYMNTS

MARCH 23, 2016

Accounts payable solution Anybill is getting closer to existing partner Intacct in an effort to streamline the flow of financial data between the two platforms. An announcement on Tuesday (March 22) said Anybill has extended its venture with Intacct, which provides ERP software.

Accounts Payable

https://trustedcfosolutions.com/feed/

MARCH 30, 2023

Your accountant is the unsung hero who supports you through all the ups and downs of your financial journey. But even the most experienced accountants face their own set of challenges, especially when it comes to the monthly close. It will keep you organized and accountable during the accounting period and month-end close.

Leverage

PYMNTS

JUNE 22, 2020

The news Monday clouded an already darkening picture: Wirecard said in a statement Monday that “further examination” has revealed a “prevailing likelihood” that the missing $2 billion has never been in its accounts and in fact does not exist. At the end of September of 2019, per balance sheet data, the company had about 2.8

Auditing

PYMNTS

FEBRUARY 20, 2020

The Akoya platform taps an application programming interface (API) network for a secure, transparent inroad consumers can use when giving third-party financial apps access to their personal financial data. The new network boosts financial system security as it speeds up API adoption.

Startups

Bramasol

JULY 26, 2024

As the SAP partner with the most revenue recognition implementations and deepest involvement in the ongoing refinement of solutions such as SAP Revenue Accounting and Reporting (RAR) and Automated Revenue Management solutions, Bramasol can help you navigate the most complex RevRec scenarios.

SAP

Future CFO

SEPTEMBER 26, 2024

Organisations nowadays have devised their own automated system or set of systems catering to their specific needs. This is in the aim of producing timely financial data and other outputs, such as visualisations. Further, these people might also need to lead tough conversations about resource allocation.

Forecasting

PYMNTS

JUNE 1, 2017

NICE Actimize, a company that offers corporate software to safeguard financial systems, is targeting corruption and bribery for its enterprise clients. But at least a third of the identification of these bribery and corruption schemes in corporations comes from audit and accountancy.”. “As

Auditing

PYMNTS

SEPTEMBER 22, 2017

In the lawsuit, Summit Credit Union states that Equifax “utterly failed” at protecting consumers’ personal and financial data, maintaining that the company allowed “hackers to breach the gates and gain unfettered access to the sensitive information of millions.

Financial Systems

PYMNTS

SEPTEMBER 16, 2019

In commentary sent to PYMNTS from Plaid, CEO Zach Perret said that “we draw inspiration from the work that the networks have done and look forward to collaborating with Visa and Mastercard at the intersection of commerce and financial services.

Investments

The Charity CFO

FEBRUARY 27, 2023

First things first: Treasurers aren’t accountants. A position to oversee finances may sound a lot like an accountant, but there are important distinctions between the two. Many nonprofits do not have in-house accountants and choose to outsource instead. Strategy involves using financial data and reports to make sound decisions.

Nonprofit

PYMNTS

JULY 11, 2019

Such a solution would allow consumers to own their digital identities and use them for whatever they need, rather than having to create individual accounts and passwords for every service or relying on a single log-in tool from a massive corporation like Apple or Google. Can Facebook Be Trusted To Secure Financial Data?

Financial Data

PYMNTS

JULY 3, 2019

The co-creator of Facebook’s recently announced cryptocurrency, Libra , said the currency was created to help the unbanked population easily access the financial system, according to a Facebook post he wrote on Wednesday (July 3). David Marcus ’ post, titled “Libra, 2 weeks in,” covers a range of topics, especially financial inclusion.

Financial Systems

Michigan CFO

JUNE 7, 2023

Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team. CFOs play a pivotal role in strategic decision-making, ensuring the financial health and stability of the business.

CFO

PYMNTS

DECEMBER 14, 2018

They must deliver services that customers and clients demand while securing their personal data. Data is crucial and — fortunately, for banks and businesses in the smarter payments space — plentiful. By some accounts , more than 90 percent of existing data was created after 2014. The market completed roughly 1.3

Advertising

The Charity CFO

NOVEMBER 23, 2022

Financial managers often work closely with the organization’s executive director to ensure that the organization’s financial needs are met and help drive best financial practices within the organization. They handle all payroll and accounting functions and manage investments and fundraising efforts.

Nonprofit

Future CFO

NOVEMBER 15, 2023

Ervina Waty : Here are some key changes that CFOs might need to put in place: Enhanced Data Governance and Quality Control CFOs should implement stronger data governance practices to ensure the accuracy, consistency, and integrity of financial data. This accelerates decision-making and maintains accountability.

Financial Planning and Analysis (FP&A)

PYMNTS

FEBRUARY 15, 2019

The process through which organizations, like universities, gain that spend visibility — that is, being able to integrate financial data across platforms — opens doors to other opportunities in the higher education industry. Yet, the effort to gain a deeper view into spend isn’t simply to avoid those threats, Rotoli noted.

Education

PYMNTS

APRIL 12, 2016

Not only do they add an enhanced level of security and fraud protection to the accounts payable process, they also simplify processes and provide a mechanism for generating new forms of revenue to support the nonprofit mission.”. Speaking of the AP professional, that’s the third benefit: streamlined accounts payable processes.

Nonprofit

Spreadym

JUNE 27, 2023

Budgeting involves allocating resources and setting financial targets for various departments or business units within the organization. Financial Analysis: FP&A professionals conduct in-depth analysis of financial data to assess the organization's performance and identify areas for improvement.

Financial Planning and Analysis (FP&A)

PYMNTS

JUNE 25, 2018

“Therefore, they are setting up their financial systems and expense management practices in a scalable way, so that they can continue to grow their operations.” . “Startups are also unique in that, while they start small, they plan to get big and they plan to do it quickly,” he continued.

Startups

PYMNTS

APRIL 8, 2016

Lendified announced last week the acquisition of Mentio, a cash flow forecasting company using data from cloud-based financial systems to analyze and predict the future performance of a business. If you’re not using cloud accounting software, it’s really difficult to figure out what your cash flow is going to be,” she explained.

Cash Flow Forecasting

Future CFO

SEPTEMBER 14, 2020

Most FP&A professionals were aware of these gaps before the crisis, but the disruptions presented by COVID-19 have highlighted how vital a strong and dynamic financial system can support our rapidly changing business needs,” said Tricor’s Tam. For Sofitel’s Lee, the issues lie with governance.

Financial Planning and Analysis (FP&A)

Spreadym

JUNE 6, 2023

This evaluation helps in monitoring performance, identifying deviations, and taking corrective actions to achieve financial goals. Financial forecasting relies on historical financial data, market trends, economic indicators, industry analysis, and assumptions about future conditions.

Forecasting

PYMNTS

MARCH 19, 2019

He pointed to ISO 20022, a universal financial industry messaging scheme that can work with current financial system infrastructures and hasten the development of new ones. (As The individual can accept or decline the settlement amount — if accepted, the funds are pushed into their account instantly. “So,

B2C

PYMNTS

JULY 15, 2019

billion people around the world without access to a bank account to the world of digital payments at low or no cost. The coalition of nations is calling for an investigation into the supposed risks of cryptocurrencies and how they would affect the current financial system. The group of nations that comprise the G7 (the U.S.,

Currencies