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

DECEMBER 5, 2019

The malware was used to lift banking credentials, financial data and personal information from victims, and for deploying ransomware. Treasury Department also said that he has provided “direct assistance” to the Russian government, and has ties to that country’s intelligence organization. The Scope Of The Damage — In Dollars.

Banking 52

Banking Treasury Nonprofit Advertising 52

PYMNTS

DECEMBER 5, 2019

The malware was used to lift banking credentials, financial data and personal information from victims, and for deploying ransomware. Treasury Department also said that he has provided “direct assistance” to the Russian government, and has ties to that country’s intelligence organization. The Scope Of The Damage — In Dollars.

Banking 52

Banking Treasury Nonprofit Advertising 52

Bramasol

SEPTEMBER 29, 2023

Driven by sweeping changes such as digital transformation, globalization of markets, the subscription-based Digital Solutions Economy™ (DSE), carbon-accounting mandates, a rising emphasis on artificial intelligence, and other disruptive trends, the role of Chief Financial Officer (CFO) is undergoing radical transformation too.

IFRS 95

IFRS Technology SAP Compliance 95

PYMNTS

JANUARY 9, 2019

While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new security threats to corporate treasury departments, according to cybersecurity company BioCatch. The tactic is relatively simple.

Banking 56

Banking Treasury Corporate Finance Securities 56

PYMNTS

MAY 13, 2020

Financial instabilities that many companies are facing due to the pandemic has made compensation delays even more painful to suppliers. Manual AP processes give little insight into companies’ payments obligations or financial statuses. Deep Dive: Ho w AP Automation Enables More Informed Investment Decisions. About The Tracker .

Invoicing 79

Invoicing Accounts Payable B2B Budgeting 79

PYMNTS

FEBRUARY 10, 2020

Trade and treasury solutions provider BNP Paribas, for example, is profiled for its hearty embrace of APIs, especially when it comes to instant money uses. The benefits of APIs for instant payments [are] huge,” said Charlotte Hausemer, vice president of innovation and product management for trade and treasury at BNP Paribas.

B2B 59

B2B Treasury Banking eCommerce 59

PYMNTS

DECEMBER 14, 2018

This week’s B2B venture capital roundup includes a slew of companies experimenting with enterprise data use cases. They include Internet of Things (IoT)-connected manufacturing machines, cross-platform financial data analysis, predictive analytics for inventory management and more. In all, more than $87.8

B2B 51

B2B Startups Treasury Financial Data 51

Future CFO

NOVEMBER 27, 2022

He further posits that by using AI leaders have access to and can easily identify and articulate important financial insights enabling financial data-driven decision-making across the board. Sanjay Patil : AI helps automate transactions and allows finance organisations to make better decisions with the data. Sanjay Patil.

Finance 52

Finance CFO Compliance Auditing 52

Finvisage

DECEMBER 31, 2019

The cafe chain is fighting for survival after revealing on Wednesday it had uncovered “significant, and potentially fraudulent, accounting irregularities” Mr Marsh had been suspended when these problems were discovered. Toshiba is recovering from accounting scandals that eventually led to the bankruptcy of U.S.

Reconciliations 52

Reconciliations Financial Analysis Accounting Construction 52

PYMNTS

MAY 11, 2018

But the aggregation of troves of data points is a monumental task – let alone sorting, analyzing and making sense of that information. The issue, said Alexander Rinke, co-founder and CEO of Big Data company Celonis , is that oftentimes, businesses approach the analytics process by relying on static data points. ”

Accounts Payable 40

Accounts Payable Treasury SAP Forecasting 40

PYMNTS

OCTOBER 30, 2019

Open banking jumped onto the financial services scene with a focus on enabling consumer-facing FinTech platforms to connect with their users’ bank account data. The model quickly gained traction and today is accelerating its expansion into B2B financial services, too. Open Banking Targets Corporates.

Banking 41

Banking Foreign Exchange B2B Accounting 41

PYMNTS

OCTOBER 30, 2020

To examine how businesses weigh factors like cash flow reporting and ease of adoption to arrive at their decisions, PYMNTS caught up with Adam Carter , vice president of global treasury management, faster payments at U.S. Fifty-six percent of demand deposit accounts in the U.S.

B2B 59

B2B Economics Banking Prioritization 59

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 News Room

JANUARY 24, 2023

This post will be one of a series, where I will put different aspects of financial data under the microscope, to get a sense of how companies are adapting (or not) to a changing world. You may find my choices to be off putting, but you could combine my reported data to create your own.

Marketing 130

Marketing Valuation Corporate Finance Currencies 130

PYMNTS

JANUARY 26, 2017

According to Finlync, connecting all of the data within an ERP via blockchain can make business processes like payments far quicker than they are today. Processing corporate payments as peer-to-peer, directly on blockchains, gives for instant settlement and, therefore, real-time reconciliation and accounting,” the company said.

SAP 57

SAP Invoicing Reconciliations B2B 57

PYMNTS

FEBRUARY 15, 2019

Named the JPM Coin, the blockchain-based cryptocurrency is designed to enable “the instantaneous transfer of payments between institutional accounts,” according to the company’s blog post. It is a digital coin, representing United States dollars, held in designated accounts at JPMorgan Chase N.A. The JPM Coin isn’t money per se.

Currencies 73

Currencies Banking Valuation Treasury 73

PYMNTS

JANUARY 14, 2020

One of the factors behind this may be financial leaders’ rising expectations for how payment systems should operate. In this sense, RTP may be seen as an integral part of wider efforts to streamline treasury and accounts payable operations, as well as shed the inefficiencies of manual and paper-based processes.

Accounts Payable 53

Accounts Payable Reconciliations Construction Treasury 53

Bramasol

JUNE 10, 2022

One important side effect of the ongoing trend toward globalization is the need to comply with a range of different accounting principles as well as with disparate reporting and compliance mandates. Parallel Ledgers - in which multiple ledgers are used, with an accounting principle applied to each ledger.

Accounting Principles 85

Accounting Principles IFRS SAP Accounting 85

Future CFO

FEBRUARY 10, 2021

We replaced our entire treasury system in five months remotely,” he described. Data trust or integrity is another rising challenge. As CFO and the finance teams expand their data sources, especially when overlaying financial data with other data for better scenario planning and model analyses, data integrity becomes vital.

CFO 52

CFO Finance Auditing Treasury 52

Musings on Markets

JANUARY 8, 2022

This post will be one of a series, where I will put different aspects of financial data under the microscope, to get a sense of how companies are adapting (or not) to a changing world. You may find my choices to be off putting, but you could combine my reported data to create your own.

Valuation 91

Valuation Corporate Finance Currencies Finance 91

PYMNTS

SEPTEMBER 4, 2018

In its “ The road to real-time treasury ,” Deutsche Bank urges treasurers to get ready for a world of real-time transacting. Deutsche Bank noted that this can have multiple positive impacts on corporate treasury, including faster cross-currency payments, faster FX exposure management, and faster actions taken to address FX volatility.

Treasury 44

Treasury Foreign Exchange B2B Accounts Payable 44

PYMNTS

OCTOBER 24, 2019

Financial institutions are investing significantly in embracing online banking and supporting a positive digital experience for their end-users. Some treasury analysts still spend fully half their time working with massive spreadsheets,” he said. At the heart of this point of friction, of course, is data.

Treasury 40

Treasury Mergers and Acquisitions (M&A) Banking Forecasting 40

Future CFO

MARCH 7, 2021

The organisation I represent, AFP, provides training and certification to treasury and finance professionals. Wang: The conversation around gender parity in the finance and accounting is often centred around hiring women in senior roles, such as the CFO. Their advocacy helped me get to where I am today. Education matters.

Finance 52

Finance SAP Leadership CFO 52

CFO Leadership

MARCH 31, 2022

Global operations make it more challenging for small treasury teams in mid-market companies to handle day-to-day operations efficiently and securely. New currencies, global banking structures, regional regulations, disparate processes, and disconnected systems all add complexities to the treasury operations.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

PYMNTS

DECEMBER 7, 2017

Blockchain and crypto companies may be operating with cutting-edge technology, but in the back-office, accounting and bookkeeping strategies are stuck in the stone age. There is a huge gap right now, and traditional accounting software doesn’t integrate with blockchains and cryptocurrencies.”. Libra, which recently announced $7.8

Accounting 52

Accounting Auditing Valuation Financial Data 52

PYMNTS

JULY 1, 2020

FinTech Revolut , PYMNTS reported , in an initiative that will enable Amex cardholders in the market to connect accounts to Revolut for streamlined access to card balances and transactions within a single app. American Express is joining the open banking platform of U.K. Mastercard Acquires Finicity.

Finance 56

Finance Banking Treasury Financial Data 56

PYMNTS

JANUARY 10, 2020

Headquartered in Hong Kong, MioTech aggregates supply chain and financial data to enable enterprise clients to assess sustainability, social responsibility risks and other performance metrics. The funds will be used to invest in hiring efforts as it connects clients to a single platform for an array of accounting software solutions.

B2B 52

B2B Startups B2C Management Consulting 52

PYMNTS

APRIL 11, 2019

Morgan Treasury Services, in the announcement. Morgan Treasury Services, in the same announcement. “As The cryptocurrency is designed to enable the instant transfer of payments between institutional accounts. Since we launched real-time payments in the U.S. In February it announced the rollout of a digital token dubbed JPM Coin.

Treasury 53

Treasury Reconciliations Budgeting Financial Data 53

PYMNTS

DECEMBER 17, 2019

For AccountsIQ, the latest embrace of open banking comes in the form of a collaboration with TransferMate , which has now integrated cross-border payments capabilities directly within AccountsIQ’s accounts payable portal. “In the middle market, businesses are becoming more international,” he said.

Marketing 52

Marketing Accounts Payable Foreign Exchange Invoicing 52

Bramasol

MAY 6, 2022

By unifying all financial data within a single-source-of-truth, S/4HANA enables applications such as Billing and Revenue Innovation Management (BRIM) , Revenue Accounting and Reporting (RAR) , lease accounting , and others to seamlessly interface with enterprise-wide financial functions such as treasury management , FP&A , etc.

SAP 69

SAP Finance Reconciliations Leverage 69

PYMNTS

JANUARY 15, 2019

The traction gained from FinTech players demonstrates the willingness consumers have to connect their bank accounts to third-party apps and enable the data sharing that Open Banking promotes. A new report from treasury technology firm Centtrip predicts that businesses in the U.K.

Banking 66

Banking Corporate Finance Securities Treasury 66

PYMNTS

NOVEMBER 29, 2017

Financial institutions (FIs) and their customers are haunted by fears of far-off hackers who can break their way into massive stores of personal and financial data, potentially making off with far more than their predecessors ever could have carried away on horseback. That’s where companies like Jiko come into play.

Banking 43

Banking Securities Accounting Treasury 43

CFO News Room

DECEMBER 26, 2022

stocks (which have a lengthy track record of outperforming inflation over long time horizons) and Treasury Inflation-Protected Securities (TIPS). Furthermore, technological tools are emerging that can help reduce some of the time and resource burden on firm owners to track and analyze their financial data.

Planning 130

Planning Benchmarking Profit and Loss Communication 130

PYMNTS

AUGUST 14, 2020

“Friction is being reduced, and new ways of engaging with financial institutions are taking form, which provide new and improved financial services,” he said.

Banking 96

Banking Treasury B2B Financial Data 96

Jedox Finance

AUGUST 20, 2020

Step 1: Get your data in order. The biggest misconception lies with the quality of financial data. Many CFOs assume that the colossal amount of data they have is of top quality. Sharing them across different departments by email creates separate copies that can add further data inconsistencies.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Treasury Budgeting 52

Future CFO

AUGUST 11, 2020

Step 1: Get your data in order. The biggest misconception lies with the quality of financial data. Many CFOs assume that the colossal amount of data they have is of top quality. Sharing them across different departments by email also creates separate copies that may add data inconsistencies.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Treasury Budgeting 40