Future CFO

OCTOBER 4, 2023

Accountants are optimistic about digital transformation, including artificial intelligence, according to a survey by the Association of Chartered Certified Accountants (ACCA). Additionally, cost remains the top challenge when adopting technology, but organisational culture also remains a critical factor in successful adoption.

Accounting 52

Accounting Compliance Leverage Technology 52

CFO Leadership

OCTOBER 10, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. 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.

Finance 95

Finance Accounting Auditing IFRS 95

Future CFO

JUNE 18, 2023

How many enterprise technology purchases did you regret? According to a Gartner survey, 60% of technology buyers involved in decisions to renew or expand “as-a-service” agreements regret nearly every purchase they make, a 6% increase from 2020. Pessimism and regret continue to grow for enterprise technology purchases,” said Barnes.

Technology 52

Technology B2B Communication Numbers 52

CFO Leadership

MAY 31, 2023

Survey: Executives Optimistic Despite Financial Disruption, Prioritizing Technology Adoption to Combat Talent Shortage As we near the halfway mark of 2023, the overwhelming theme throughout the year has been uncertainty. Accounting, industry knowledge, and project management dropped to third, fourth, and fifth position, respectively.

Prioritization 95

Prioritization Technology Leadership CFO 95

CFO Network

SEPTEMBER 23, 2021

Outsourcing business functions like accounting can save you time and money. If you’ve been wanting to learn more about how outsourced accounting can actually save your business money, we’ve put together the ultimate guide. What is Outsourced Accounting? Outsourced accountants offer a fresh set of eyes without bias.

Accounting 80

Accounting Invoicing Budgeting Forecasting 80

Musings on Markets

NOVEMBER 10, 2022

In this post, I will revisit Facebook's most recent earnings report, and argue that while it contained disappointing news on growth and profitability, the bad news was exaggerated by systematic inconsistencies in how accountants categorize expenses, skewing earnings and invested capital down in firms that don't fit the accounting prototype.

Accounting 74

Accounting Advertising Valuation Investments 74

Future CFO

AUGUST 31, 2022

When it comes to CFO technology priority, back-office automation is seen as the key to cost reduction in the face of ongoing inflation, said Gartner recently. The post CFO technology priority: cutting costs with automation appeared first on FutureCFO. Contractor spend was also targeted by 39% of respondents.

CFO 52

CFO Technology Accounts Payable Investments 52

Bramasol

JULY 31, 2023

This new post provides a deeper look at how the leasing of medical equipment along with other bundled services or products presents particular challenges for meshing contracts and lessor accounting with DSE management and revenue recognition. According to Allied Market Research, "The global medical equipment rental market was valued at $56.0

Accounting 75

Accounting SAP GAAP IFRS 75

CFO Network

APRIL 24, 2023

As a professional accountant, you understand your job is more than just crunching numbers. You have to stay up-to-date with the latest trends, regulations, and technologies to offer the best possible services to your clients. Continuing education is vital for accountants; we’ll explain why in this article.

Education 52

Education Accounting Auditing CFO 52

The Charity CFO

NOVEMBER 10, 2022

What should you look for when evaluating nonprofit accounting services? Yes, they might have a board member or volunteer who takes care of the finances, but they often lack specific expertise in nonprofit accounting. Benefits of Nonprofit Accounting Services. Nonprofit organizations exist to further a mission or goal.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

Future CFO

DECEMBER 19, 2022

CFOs: Are your finance function using low code development technologies to fulfill growing demand for fast application delivery and highly customised automation workflows? According to Gartner , the worldwide market for low code development technologies is projected to total US$26.9 billion in 2023, up 19.6%

Technology 52

Technology Finance Forecasting Economics 52

CFO Thought Leader

FEBRUARY 4, 2024

For Kemp, who had been appointed chief strategy officer after a stint running Investor relations, the gathering became a moment when strategy and numbers intertwined to offer a clear vision of how to move into the future. Kemp: Built Technologies is one of the fastest-growing construction and real estate technology companies.

CFO 52

CFO Technology Construction Leverage 52

PYMNTS

JANUARY 14, 2021

Rho Technologies , the FinTech behind Rho Business Banking, has raised $15 million in a Series A round, according to a press release. With the proceeds, the company plans to work on expanding its team-oriented commercial banking platform, including launching an integrated accounts payable (AP) platform Wednesday (Jan.

Technology 67

Technology Accounts Payable Invoicing CFO 67

PYMNTS

SEPTEMBER 9, 2020

In a move that lets users place and get phone calls through their Alexa gadgets, Amazon is launching a new collaboration with AT&T that will enable consumers to connect their phone numbers with their Alexa accounts, The Verge reported. And, with Amazon’s current Away Mode turned on, calls can be temporarily disabled.

Numbers 66

Numbers Transportation Advertising Communication 66

PYMNTS

APRIL 3, 2019

Simply showing what the lowly, mundane, terribly average phone number can do in terms of securing transactions, onboarding and other tasks vital to the daily lives of digital consumers. Enter the phone number – which, as Meier told Webster, is possessed by more than 95 percent of people in the U.S. Verification Trends.

Numbers 59

Numbers Securities Accounting Banking 59

PYMNTS

MARCH 12, 2020

A collaboration between DXC Technology and Tradeshift will attempt to work out the kinks on accounts payable (AP) and procurement functions, according to a press release. Many accounts payable processes are discordant and unwieldy, with time cycles that take too many important resources and slow companies down, the release states.

Technology 56

Technology Accounts Payable Invoicing Accounting 56

CFO Leadership

OCTOBER 18, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. 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.

Finance 52

Finance Accounting Auditing IFRS 52

PYMNTS

AUGUST 13, 2020

PAAY has rolled out a partner platform to let merchants and payment providers implement and track EMV 3DS, a standard that aims to help prevent unauthorized card-not-present (CNP) transactions, throughout different merchant accounts. In that instance, merchants have to contend with cart abandonment. seconds on average through EMV 3DS.

Technology 99

Technology Compliance Retail eCommerce 99

PYMNTS

APRIL 23, 2019

Financial management is mission-critical to the health and vitality of small business (SMB), but it’s also one of the most difficult tasks for entrepreneurs and business owners that may have the skills to launch new products or services, but lack the accounting expertise to handle the numbers. The firm secured $1.8

Numbers 61

Numbers Accounting CFO Financial Analysis 61

E78 Partners

MARCH 23, 2023

When your team is stretched thin, outsourcing your finance and accounting services can be an effective solution, allowing you to focus on core competencies and achieve long-term growth for your company. We’ve compiled the top five signs that it’s time to outsource your finance and accounting services.

Accounting 52

Accounting Finance Budgeting Securities 52

PYMNTS

APRIL 24, 2020

Some have added support for in-branch digital technologies such as video banking screens and upgraded ATMs to minimize in-person contact while making sure customers’ needs are met, for example. HSBC UK has also adjusted its operating hours and is limiting the number of customers that can enter its locations at one time.

Technology 99

Technology Banking Education Numbers 99

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. Sound useful?

Financial Planning and Analysis (FP&A) 52

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

Planful

SEPTEMBER 1, 2016

In early August, I was asked to speak at the annual meeting of the American Accounting Association (AAA). The AAA has been around for 100 years and is a community of accounting educators. Most of the attendees of the conference are accounting professors from colleges all around the country, but some were from outside the US as well.

Technology 40

Technology Accounting Auditing Reconciliations 40

CFO Leadership

MAY 31, 2023

Survey: Executives Optimistic Despite Financial Disruption, Prioritizing Technology Adoption to Combat Talent Shortage As we near the halfway mark of 2023, the overwhelming theme throughout the year has been uncertainty. Accounting, industry knowledge, and project management dropped to third, fourth, and fifth position, respectively.

Prioritization 52

Prioritization Technology Leadership CFO 52

Bramasol

JANUARY 31, 2022

Carbon Accounting was previously identified as one of the Five Key Trends to Watch in 2022 , and the compliance implications were explored in this blog post Are You Ready for "Carbon Accounting" Compliance? See the Microsoft and Activision example below.

Mergers and Acquisitions (M&A) 85

Mergers and Acquisitions (M&A) Accounting SAP Compliance 85

PYMNTS

DECEMBER 13, 2019

Facebook has been using a new type of artificial intelligence (AI) to identify and delete hundreds of millions of fake accounts, according to a report by VentureBeat. billion fake accounts between April and September of this year, which is more than double the same period a year ago.

Accounting 56

Accounting Numbers Technology Securities 56

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

OCTOBER 19, 2020

Remittances between migrant workers and their families could also account for hundreds of billions of dollars. However, the sheer number of cross-border payments belies the challenges that individuals and companies face when conducting them. How Cloud Systems Accelerate And Secure Cross-border Payments.

Technology 77

Technology Securities Treasury Banking 77

PYMNTS

JULY 15, 2020

In the automotive arena, sellers have implemented third-party technology such as virtual retailing to enable a completely digital vehicle sales process. Data: 15K : Number of Kim Kardashian’s perfume units that sold out within minutes when the celebrity appeared on a China livestreaming show. All this, Today in Data.

Technology 52

Technology Retail Sales Numbers 52

PYMNTS

JANUARY 22, 2020

In the simplest terms, the data laws place parameters around the collection and use of data that springs from a staggeringly large market – as many as 560 million individuals, if we count the number of people who have internet access in India. The aggregators have duties as fiduciaries to manage consent.

Accounting 52

Accounting Banking Education Leverage 52

PYMNTS

FEBRUARY 6, 2019

This shift has been so acute that small business cloud accounting firm Xero is even petitioning the Oxford English Dictionary to change the definition of “accountant” to one that includes the word “advise.” Changing Demand. That demand for human talent, by the way, hasn’t decreased.

Corporate Finance 74

Corporate Finance Accounting Finance Accounts Payable 74

Nerd's Eye View

AUGUST 22, 2022

In general, this means that people are more likely to be more aware of how much cash they're holding than the other numbers in their financial life, like the balances on their retirement accounts (which, being less 'immediate' in their intended purpose, are not often at the forefront of most people's minds to the same extent that cash is).

Cash Management 84

Cash Management Technology Economics Accounting 84

PYMNTS

JANUARY 29, 2020

Having an accounting background is no longer a must for a company’s chief financial officer (CFO), according to a report by The Wall Street Journal. Traditionally, CFOs come from accounting, and they’re known as people who can handle financing strategy, cost management, reporting needs and standards of accounting.

CFO 57

CFO Accounting Cost Management Finance 57

PYMNTS

JUNE 11, 2020

With market volatility and economic pressure higher than it has been in more than a decade, the ways businesses manage and account for their money is inevitably included in that wave of operational change. That means significant implications for the ways accountants and auditors operate both within an enterprise and externally from it.

Economics 77

Economics Accounting Auditing Forecasting 77

PYMNTS

DECEMBER 11, 2018

The app is being formally released by Coinone’s payments subsidiary, Coinone Transfer, to enable people without banks or bank accounts to transfer money at a low cost. Also, the number of remittance payments in and out of the country is rising rapidly – the World Bank estimates $17 billion in the past year. percent of the population.

Technology 76

Technology Banking Numbers Accounting 76

PYMNTS

JANUARY 9, 2019

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. “Bookkeeping is the low-value work performed by accounting firms,” he said.

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71

PYMNTS

NOVEMBER 9, 2020

-based specialist lender Just Cashflow , working with FinTech Railsbank , is rolling out its own business banking account program for small- to medium-sized businesses (SMBs), according to a report from AltFi. In addition, Just Cashflow's product will combine the account with a lender's existing revolving credit facility.

Accounting 61

Accounting Banking Finance Numbers 61