Global Finance

MARCH 1, 2025

Postal Savings Banks mobile app, Xiaoyou Assistant, answers account holder questions and Haain Banks chatbot specializes in marketing queries. Bank of Jiangsu says the app is powering contract quality inspection and automatic reconciliation evaluations as well as the mining and analysis of massive amounts of financial data.

Banking 112

Banking Data Analysis Reconciliations Financial Data 112

CFO Talks

APRIL 15, 2025

Accountability Isnt Admin Its Your Performance Lever For all the talk about AI-driven forecasting, real-time dashboards, and digitising the finance function, there remains one cornerstone of high-performing finance teams that no technology can replace: accountability. Reconciliations get done. Reports get submitted.

Accounting 52

Accounting Forecasting Auditing Compliance 52

https://trustedcfosolutions.com/feed/

MARCH 22, 2023

Are you tired of the countless hours spent managing your accounts payable (AP)? Do you want to streamline your accounting process to save the time and money spent on manual tasks on Quickbooks? With a growing business, it’s easy to outgrow the accounting systems you’ve relied on since the conception of your company.

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Accounts Payable Accounting Invoicing Reconciliations 108

The Finance Weekly

OCTOBER 30, 2024

One of the major trends in this space is the ability to connect bank accounts seamlessly, providing real-time visibility into your financial status. Known for its advanced features, Datarails offers a seamless experience by connecting directly with your existing bank accounts, providing real-time visibility into your finances.

Cash Management 52

Cash Management Cash Flow Forecasting Reconciliations Forecasting 52

Bramasol

AUGUST 31, 2023

Over the past eight years, many episodes in this blog series have focused on revenue recognition and how SAP solutions such as Revenue Accounting and Reporting (RAR) have provided a robust foundation for compliance with ASC 606 and IFRS 15.

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SAP Accounting Reconciliations General Ledger 94

CFO Talks

NOVEMBER 20, 2024

For example, while South African companies follow International Financial Reporting Standards (IFRS), the US requires compliance with its Generally Accepted Accounting Principles (GAAP). Modern project management tools can help track these timelines and keep everyone accountable.

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IFRS GAAP Currencies CFO 98

Global Finance

NOVEMBER 29, 2024

These are collection accounts specifically developed to collect various public taxes: The amount of the advance available is determined based on expected receipts, and enriched reporting data enables automatic reconciliation in public accounting systems. At the end of 2023, Belfius had more than 12,000 public sector clients.

Cash Management 98

Cash Management Treasury Reconciliations Banking 98

Bramasol

JANUARY 9, 2023

Since the release of new lease accounting standards ASC 842 and IFRS 16 in 2018, companies have taken a variety of approaches to comply, but many are now aiming to optimize their lease accounting processes for efficiency and long-term manageability. Register Now!

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SAP Accounting IFRS Reconciliations 95

CFO Talks

FEBRUARY 10, 2025

Its not merely numbers on a page but its the heartbeat of accountability and the foundation of trust with external stakeholders, particularly investors. In 2014, an accounting error resulted in the company overstating its income by R849 million. Cloud based automation platforms that easily sync with ERP and accounting systems.

Financial Reporting 90

Financial Reporting IFRS Leadership Reconciliations 90

Cube Software

JANUARY 7, 2023

Double-checking the books is second nature for any accountant. But what happens when you find discrepancies between accounts? That's where account reconciliation comes in. And for you triple-checkers and quadruple-checkers: we see you.). Or an error in a financial statement? And we'll tell you all about it in this guide.

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Reconciliations Accounting 52

The Finance Weekly

MAY 20, 2024

What Is Bank Reconciliation? Bank reconciliation is a process companies use to ensure that their recorded cash balances align with the actual cash held in their bank accounts. Nevertheless, banks still manage most business accounts, and the same reconciliation procedures can be applied to these other cash positions.

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Reconciliations Banking General Ledger Accounting 52

PYMNTS

NOVEMBER 20, 2019

Citi noted traditional methods of cross-border accounts receivable are inefficient, involving multiple collections service providers with silos between invoicing, collection and reconciliation. The platform integrates cross-border billing, payment acceptance and reconciliation into a single solution. “In

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Accounting Reconciliations Invoicing Currencies 83

CS Lucas

MAY 9, 2024

Bank reconciliation is a crucial process that ensures the accuracy of a company’s financial records against the bank’s account statements. A reconciliation statement serves to validate that payments have been processed and deposits correctly recorded. Please see CS Lucas user guide on bank reconciliation.

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Reconciliations Banking Treasury Accounting 52

Trade Credit & Liquidity Management

MAY 29, 2025

From a Press Release dated March 25, 2025, London, England Chaser , a global accounts receivable automation solution provider, has announced a new integration with Odoo , a popular business management software platform. This automation supports faster and more accurate accounts receivable workflows.

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Reconciliations Invoicing Accounting Technology 52

Simply Treasury

AUGUST 3, 2022

Automated bank connectivity through a single secure channel has become essential to reduce costs, facilitate on-boarding by banks, secure transactions, speed up and automate reconciliations and reduce staff workload. Once approved, the payment can be initiated by the person in charge of the treasury or accounting. PROJECT OBJECTIVES.

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Banking Reconciliations Treasury Securities 147

PYMNTS

MARCH 3, 2020

It’s not difficult for a supplier to tell when accounts receivable (AR) processes are not optimized. Many sellers have a broken internal process to increase a credit line , so they set that limit as high as possible, so they don’t have to revisit the account later.”. The Outsourcing Decision.

Accounting 74

Accounting Invoicing Reconciliations B2B 74

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.

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Accounting Invoicing B2B Treasury 94

PYMNTS

JANUARY 26, 2021

marked its third anniversary of adopting its open banking framework, making it the leading market to drive the concept of unlocking customers’ bank account data for integration with third-party solution providers. Last week, the U.K. where there is no open banking regulatory mandate. HashCash Brings Blockchain Tech To Unnamed Bank.

Banking 142

Banking Reconciliations Financial Data B2B 142

Trade Credit & Liquidity Management

MAY 29, 2025

Automation and artificial intelligence (AI) are transforming accounts receivable (AR) and B2B trade credit management by replacing manual, error-prone processes with intelligent, AI-driven tools. Credit decision-making, collections, cash application, deductions, and communications are greatly enhanced by AI-powered AR automation.

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Cash Flow Forecasting Reconciliations Forecasting Prioritization 52

Cube Software

DECEMBER 30, 2022

From data collection to reporting to financial management, FP&A and accounting teams have a lot of responsibilities.

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Reconciliations Accounting 52

Global Finance

JUNE 9, 2025

RBI’s New Cash Management Digital Ecosystem| RBI RBI has been a regional leader in adopting faster, more secure processes for electronic bank account management. Its new cash management system provides real-time updates and streamlined data reconciliation as first steps enroute to fully digitized management of all bank accounts.

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Profit and Loss Cash Management SAP Reconciliations 52

E78 Partners

NOVEMBER 19, 2024

Navigating Impairment Analyses and Accounting for Complex Transactions Impairment testing for intangible assets and goodwill, and accounting for complex transactions such as debt refinancings and business combinations, can be among the most challenging aspects of audit readiness.

Auditing 52

Auditing GAAP Restructuring Compliance 52

The Charity CFO

APRIL 1, 2025

WHY WE CREATED THE CHARITY CFO FINANCIAL BLUEPRINT Over the years, our team of nonprofit accounting and CFO professionals has developed a deep understanding of the patterns behind nonprofit financial successand failure. These arent just accounting tacticstheyre cultural and strategic best practices that define high-performing organizations.

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Nonprofit CFO Leadership Cash Flow Forecasting 80

Future CFO

MARCH 31, 2025

The whitepaper focuses particularly on the potential of ISO 20022 XML, a messaging format that is specific to reducing friction in account receivable reconciliation and cash allocation processes. This reduces the need for banks to manually intervene in the process, making near real-time, cross border wholesale payments a reality.

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Reconciliations Accounting Banking Technology 52

PYMNTS

AUGUST 16, 2020

the newest update to its software, to help companies with faster account reconciliation, artificial intelligence, systems integration and more, a press release says. Trintech , which works in integrated Record to Report software, is releasing Cadency 9.0,

Accounting 67

Accounting Reconciliations Auditing Financial Reporting 67

PYMNTS

FEBRUARY 26, 2020

That means emerging services are multitasking, easing friction for both accounts payable and accounts receivable. Below, PYMNTS explores the latest initiatives and finds that innovators are looking at the accounts receivable side to tackle accounts payable friction. Tipalti Reallocates The Workload.

Accounting 72

Accounting Accounts Payable Invoicing General Ledger 72

PYMNTS

DECEMBER 29, 2020

Now, with electronic processes in place in accounts payable (AP) and accounts receivable (AR) departments, businesses are in a more strategic position than ever before to elevate workflows and strengthen B2B relationships. You have invoice aggregation, multiple account numbers with vendors, short payments, disputes and credit memos.".

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B2B Reconciliations Accounts Payable Invoicing 114

PYMNTS

JULY 3, 2020

Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic. “Companies are increasingly looking to more efficiently manage the accounts payable process,” he said.

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Accounts Payable Accounting Banking Invoicing 85

Global Finance

MAY 6, 2025

Using the Velocity platform, the banks accounts are tokenized and embedded into QR codes, enabling customers to make instant payments via mobile phones. Business accounts have also evolved, with customers able to generate tokenized account numbers that add precision to transaction reconciliations.

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Cash Management Leverage Banking Reconciliations 52

Bramasol

JUNE 25, 2024

However, amidst the ever-expanding role of the Office of the CFO, accounting still is a major responsibility and this arena also is radically changing with the availability of new tools, technologies and challenges. These capabilities address key operational accounting issues as companies transform their business offerings.

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Compliance Accounting Financial Planning and Analysis (FP&A) SAP 63

CFO Strategic Partners

APRIL 15, 2025

Regardless of where you are in your current accounting cycle, are you experiencing that familiar feeling of audit dread? New Accounting Rules. Be aware of new accounting pronouncements and modifications to existing pronouncements continually being introduced. Balance Sheet Reconciliations. Do these every month!

Auditing 40

Auditing Reconciliations Leadership Valuation 40

PYMNTS

OCTOBER 5, 2020

“The shift I have seen there,” she told PYMNTS of healthcare firms, “that was most effective is providers [the vendors] had their way of going through the process either from an [accounts payable] or [accounts receivable] perspective.”. Comdata, she said, has mimicked the flow from claims to invoice to payment to reconciliation.

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B2B Healthcare Reconciliations Accounts Payable 130

The Charity CFO

MARCH 6, 2024

The conversation today has a very simple focus, 5 red flags that your nonprofit accounting needs improvement, even when it may not be recognized. Red Flag #1: Bank Account Reconciliation Whether the business is accrual or cash basis, it does not matter. Consider it like an internal audit and a necessity. Get the free guide!

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Nonprofit Accounting Reconciliations Invoicing 59

FISPAN

AUGUST 5, 2022

FISPAN delivers a seamless commercial banking experience, allowing you to directly manage your payables, view all bank account and transaction details, eliminate manual uploads, automate your reconciliation, and more, all from within NetSuite. Bring the bank to your Oracle NetSuite environment with FISPAN’s bank-branded embedded app.

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Banking Reconciliations Accounting 97