Bramasol

JULY 22, 2023

Previous posts in this blog series o n Environmental, Social and Governance (ESG) and carbon accounting have spotlighted carbon accounting as a trend to watch , looked at ESG impacts on M&A , and tracked the emergence of new ESG standards.

IFRS 87

IFRS Accounting SAP Compliance 87

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

Strategic Treasurer

MAY 12, 2022

Survey Shows Non-Bank Financial Institutions Prioritizing Security, Compliance, Efficiency. The survey’s questions probed NBFIs on their plans, activities, and priorities and gathered details ranging from account use to AI/ML adoption and collateral management. The findings explore what this under-examined vertical prioritizes.

Prioritization 52

Prioritization Compliance Securities Benchmarking 52

CFO News Room

JANUARY 26, 2023

The professional and business services industry—which includes professions like accounting, research, and legal services—has surpassed pre-pandemic employment in all regions, with exceptional growth in states like New Hampshire (16.9%), Montana (14.0%), North Carolina (12.7%), Colorado (11.5%), and Texas (10.8%).

Prioritization 130

Prioritization Economics Education Construction 130

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

The Charity CFO

JANUARY 21, 2022

And the issue of restricted funds presents unique bookkeeping and accounting challenges for a nonprofit that a for-profit company doesn’t face. This accounting system is called fund accounting. This accounting system is called fund accounting. Who’s Required to Use Fund Accounting? .

Nonprofit 98

Nonprofit Accounting GAAP Accounting Principles 98

CFO Share

MARCH 31, 2023

The accounts payable aging (AP) report shows when and how much you owe vendors. Why is an Accounts Payable Report valuable? Coupled with the accounts receivable aging report, you have a clear line of sight on the most near-term cash inflows and outflows. How do I prioritize vendors with an AP aging report?

Accounts Payable 52

Accounts Payable Accounting Prioritization Invoicing 52

CFO Share

MARCH 13, 2023

Managing accounts payable is critical for any business to maintain healthy cash flow and vendor relationships. Financial ratios are essential tools that help companies evaluate their financial performance, including their ability to manage accounts payable effectively. What is accounts payable in ratio analysis?

Accounts Payable 40

Accounts Payable Accounting Prioritization Healthcare 40

PYMNTS

SEPTEMBER 29, 2020

The pain points that accounts receivable (AR) teams most commonly experience can be boiled down to three underlying and related problems: continued reliance on manual AR management practices, and the resulting lack of speed and high operating costs associated with managing receivables. Reliance on manual processes has far-reaching effects.

Accounting 121

Accounting B2B Prioritization Invoicing 121

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

JANUARY 13, 2021

The paper check, the paper invoice, slow accounts receivable (AR) processes and collecting on aging receivables can be difficult for even the most seasoned AR professionals. The problems are analog. But digital-era help is on the way. By leveraging this kind of intelligence, staff can be optimized,” Shields said of AI and other technologies.

Accounting 94

Accounting Invoicing B2B Treasury 94

PYMNTS

OCTOBER 17, 2018

The SEC’s investigations focused on “business email compromises” (BECs), where criminals posed as company executives or vendors and used emails to trick employees into sending large sums to fraudulent bank accounts. The activity sometimes lasted months and was often only discovered after law enforcement or other third parties got involved.

Prioritization 76

Prioritization Securities Accounting Banking 76

E78 Partners

JUNE 12, 2023

The leaders of Outliers bring significant experience as CFOs of private equity portfolio companies and understand the complexities of upgrading finance and accounting functions post-transaction close,” said John Signa, founder and CEO of E78 Partners. “Joining forces with E78 Partners was a strategic decision for us at Outliers.

Accounting Firms 52

Accounting Firms Finance Accounting Leadership 52

PYMNTS

DECEMBER 3, 2020

Additionally, the initiative can serve the gig economy through offering real-time payments to any account. The system can provide insurance-policy holders with claim payments in near real time using their preferred payment method.

Treasury 89

Treasury Prioritization Banking B2B 89

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. ” Supporting an Accounting Shift.

Accounting 52

Accounting Cash Flow Forecasting Invoicing Prioritization 52

PYMNTS

FEBRUARY 1, 2021

The iDocuments platform integrates with all leading ERP and accounting systems, including SAP Business One, Sage, Infor SunSystems, Exchequer and Microsoft Dynamics, the release says. Accounts payable (AP) automation has been “leading the way” on digitization, with new virtual cards becoming more common, he said.

Accounting 43

Accounting Accounts Payable SAP B2B 43

PYMNTS

DECEMBER 26, 2019

The last decade of B2B FinTech innovation not only led to an explosion of product options for businesses to manage a variety of processes, including accounts receivable (AR), accounts payable (AP) and accounting. In this kind of dynamic and uncertain environment, it can be tough for business leaders to prioritize and execute.

Accounting 53

Accounting B2B Accounts Payable B2C 53

Future CFO

MAY 31, 2023

Technology has made financial reporting easy for everyone involved in the process, from the finance and accounts team preparing reports to the regulators, investors, and others who use those reports. We also do support asset accounting and tax reporting," he added. That said, technology is only one aspect of the reporting process.

Finance 98

Finance General Ledger Prioritization Auditing 98

PYMNTS

MAY 13, 2019

The rise of small business (SMB) accountants as financial advisors to their clients has emerged in parallel with a surge of back-office software solutions. As SMBs embrace cloud-based platforms, data integration across those systems is an integral part of effective accounting solutions.

Accounting 61

Accounting Compliance Prioritization Financial Analysis 61

PYMNTS

FEBRUARY 11, 2019

“This week, we’re excited to announce that we’re launching a small test of business accounts to 100 sole traders and limited companies!” The overwhelming response, the company said, was businesses accounts. Many said that opening a business account was unnecessarily difficult and complicated.

Accounting 46

Accounting Banking Prioritization Investments 46

The Finance Weekly

DECEMBER 22, 2022

In 2023, organizations may focus on investing in technology that addresses specific pain points and offers a clear return on investment, such as spend management or accounts payable, rather than broader, more comprehensive investments like enterprise resource planning platforms, according to Born. “I Maximizing ROI with Targeted Solutions.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Prioritization 98

CFO Thought Leader

NOVEMBER 24, 2023

He candidly admitted that he should have prioritized identifying and solving infrastructure issues, especially in finance and accounting. CFO Rodrigo Brumana reflects on his initial days as a CFO, emphasizing the importance of team communication and organizational structure.

CFO 52

CFO Prioritization Leadership Communication 52

PYMNTS

NOVEMBER 7, 2016

” Theien added other sources of uncertainty in payments security, like transaction authorization, enrollment and account takeovers. . “The scope of another working group is data protection, how to go about identifying what data of a B2B transaction needs to be protected and how best to protect it.”

Prioritization 77

Prioritization Securities B2B B2C 77

PYMNTS

OCTOBER 13, 2019

Last year alone, our proactive efforts prevented more than 1 million suspected bad actors from opening Amazon seller accounts and blocked more than 3 billion suspected bad listings,” Amazon wrote in the blog post.

Prioritization 46

Prioritization eCommerce Technology Retail 46

PYMNTS

DECEMBER 14, 2020

Amid market volatility, organizations are finding it imperative to accelerate their accounts receivables while extending accounts payables and still maintaining positive buyer-supplier relationships. Accounts receivable and accounts payable are two key functions of the enterprise with significant impact on cash flow.

Accounts Payable 123

Accounts Payable Cash Flow Forecasting Prioritization Invoicing 123

PYMNTS

JUNE 19, 2020

The Prioritized Paycheck Protection Program (P4) Act would allow businesses with fewer than 100 employees to get a second loan. This legislation prioritizes smaller businesses, particularly those in the restaurant and hospitality industries, which have been hit especially hard in recent months.”.

Prioritization 91

Prioritization Accounts Payable Treasury Economics 91

E78 Partners

JANUARY 5, 2024

Audits are an essential part of ensuring that a company’s financial statements are accurate and compliant with accounting standards. Create an Audit Readiness Team: Identify an audit readiness team and assign responsibilities to ensure accountability. Here are some key steps to get ready for an audit post acquisition.

Auditing 59

Auditing Valuation Concentration Reconciliations 59

Future CFO

AUGUST 1, 2023

According to IDC's 2023 Future SMB and Midmarket Survey , 50% of surveyed respondents (driven by SMBs) in Asia/Pacific state that they will automate their financial and accounting processes through cloud applications in the next 18 months. "As

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

CFO Network

MARCH 11, 2024

Accounts Payable Management: Ensuring Timely Payments Another critical aspect of cash flow management is managing accounts payable effectively. Neglecting accounts payable can result in missed payments, damaged vendor relationships, and even disruption of essential supplies or services.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Invoicing Forecasting 52

CFO Simplified

SEPTEMBER 16, 2022

And, if you have a savings account that you put money into regularly for retirement or vacation plans, you’re practicing accrual accounting at home. It also includes: The invoices that you have entered into accounts payable, and. Some payments are repetitively automatically deducted from your account. No more, no less.

Accounts Payable 52

Accounts Payable Prioritization CFO Invoicing 52

CFO Simplified

OCTOBER 30, 2022

Don’t Wait Too Long to Prioritize Staffing. Administrative work might include back office work, marketing efforts, product development, accounting and services, and all of the additional things you need to successfully serve your customers. When to cover the administrative work behind the scenes.

Strategic Planning 98

Strategic Planning Planning CFO Prioritization 98

Boston Startup CFO

MAY 9, 2016

Among the top 10% of jobs most likely to be automated: insurance underwriters, tax preparers, loan officers, credit analysts, and accounting professionals. These are precisely the kinds of areas that great human accounting professionals are ideally suited to address. In some ways, it’s already happening.

Accounting 52

Accounting Prioritization Advertising Compliance 52

The Charity CFO

MAY 8, 2023

To achieve this, nonprofit organizations should prioritize transparency, authenticity, and accountability in their fundraising efforts. The most successful events prioritize engagement and relationship-building. These can include galas, auctions, walks, and many other exciting fundraising ideas.

Nonprofit 52

Nonprofit Prioritization Communication Planning 52

CFO Talks

MARCH 14, 2024

This follow-up article delves into how CFOs can effectively manage their diverse responsibilities, from prioritizing tasks to fostering innovation and leading their companies through transformational change. As organizations face new challenges and opportunities in a changing world, the role of the CFO will continue to expand and evolve.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

Strategic Treasurer

JULY 7, 2022

Proper prioritization requires insights, and insights require visibility across cash, accounts receivable, inventory, and accounts payable. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.

Accounts Payable 93

Accounts Payable Prioritization Leadership Education 93

PYMNTS

OCTOBER 9, 2020

The Government Accountability Office (GAO) noted in a report Friday (Oct. 9) that the Federal Aviation Administration (FAA) has not held testing of possibly susceptible technology, prioritized digital risks or created a digital security instruction program.

Prioritization 139

Prioritization Entertainment Manufacturing Technology 139

CFO Thought Leader

DECEMBER 1, 2023

Planning Ace CFO Charlie Kevers of Carta underscores AI’s impact on manual tasks, reshaping organizational charts to prioritize higher-level thinking. Planful empowers finance, accounting, and business users to plan confidently, close faster, and report accurately.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Prioritization Leadership 52