The Finance Weekly

JANUARY 22, 2024

CFOs need strong finance and accounting skills, along with years of experience, to find ways to enhance the organization's financial well-being. The CFO may work with the finance and accounting team to predict the effects of different operational decisions. Resolve accounting and finance problems.

CFO 52

CFO Education Communication Leadership 52

PYMNTS

NOVEMBER 16, 2020

BlackLine , which provides account automation software, launched new products on Monday (Nov. Traditional manual accounting processes are not sustainable. As a result, businesses are placing renewed focus on risk management, control environments and cash flow optimization.

SAP 75

SAP Reconciliations B2B Risk Management 75

CFO Talks

MARCH 20, 2024

Think of a Controller as the head of getting day-to-day money matters right, like making sure every penny is accounted for and reports are spot-on. Accounting Responsibilities: Both the CFO and Controller collaborate on overseeing the annual audit, ensuring thoroughness and compliance. The CFO, however, looks at the bigger picture.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

PYMNTS

JULY 10, 2019

Cross-border commercial payments and FX management firm Cambridge Global Payments said in a press release Tuesday (July 9) that its Invoice Automation Solution is now available as an integrated tool that streamlines the invoice-to-pay process for cross-border transactions.

Foreign Exchange 64

Foreign Exchange Accounts Payable Invoicing Reconciliations 64

PYMNTS

JULY 10, 2019

Lisa Lansdowne-Higgins, vice president of business deposits and treasury solutions at the Royal Bank of Canada (RBC), recently told PYMNTS that these three disruptors have a significant opportunity to shake up accounts payable processes thanks to the impact they have on data. Open Banking.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

FEBRUARY 27, 2019

Slovenia is due to see an instant payments platform launch from Bankart this month, while Malaysia has a new solution of its own, enabling instant credit transfers to bank accounts using details such as mobile phone numbers or national IDs. New initiatives are also rising in the U.S., Get the full story in the Tracker.

Reconciliations 57

Reconciliations Risk Management Leverage Securities 57

Michigan CFO

SEPTEMBER 14, 2023

SoD is a risk management strategy that divides critical financial tasks among various individuals. In the business world, efficient and accurate processes are essential to smooth operations and safeguarding against potential fraud or errors. An integral part of this is the concept of “Segregation of Duties” (SoD).

Accounts Payable 52

Accounts Payable Management Consulting CFO Reconciliations 52

CFO Leadership

MARCH 31, 2022

Treasury professionals may now have to keep an overview on hundreds of bank accounts with different bank partners, in multiple currencies and in many countries around the world. To help treasurers get started on their path to success, we’ve prepared five steps to improve global cash visibility: Centralize your bank accounts.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

Simply Treasury

JUNE 3, 2021

Then come the multiple banking relationships, the too large number of bank accounts, the lack of sufficient resources (a recurring problem - but one that drives automation), the lack of support from subsidiaries, the lack of budget (classic in times of crisis). François Masquelier, Vice Chairman EACT.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

CFO Leadership

OCTOBER 10, 2023

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. workers in the finance and accounting field said they believe generative AI will have a positive impact on their career.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

PYMNTS

JANUARY 20, 2020

In the old days, however, those in the payments business would generally split the payment lifecycle into what many people would call the front end and the back end — or payments transaction processing and then clearing, settlement and reconciliation. reconciliation).

Reconciliations 58

Reconciliations B2C Risk Management B2B 58

PYMNTS

NOVEMBER 19, 2020

That includes advancements in Canada's upcoming Real-Time Rail, as well as adoption by Transcard of Mastercard's Track Business Payment Service to facilitate real-time, account-to-account transfers for businesses. Plus, blockchain makes new inroads in the B2B arena. Canada Taps Vocalink for Real-Time Rail.

B2B 104

B2B Reconciliations Risk Management Compliance 104

Future CFO

AUGUST 19, 2021

Three quarters of C-suite executives believe that intelligent automation helped to augment their finance employees’ capabilities, according to results of a survey jointly done by the Institute of Singapore Chartered Accountants (ISCA) , AI Singapore and the National University of Singapore (NUS) Business School recently.

Accounts Payable 40

Accounts Payable Treasury Risk Management Finance 40

PYMNTS

DECEMBER 12, 2019

That’s surprising for several reasons, and here’s a good one: nearly 70 percent of accounts payable (AP) professionals say suppliers value payments speed above all. Western Union’s trio of new APIs can perform a P2P transfer function, as well as send money to business accounts or Western Union agents in local currency.

B2B 52

B2B Accounts Payable Reconciliations Healthcare 52

PYMNTS

AUGUST 13, 2019

Brexit-related volatility and the subsequent fluctuation of the pound has some businesses realizing they are no longer able to put off establishing an FX risk management strategy. At the same time, however, these events also raise awareness as to the importance of currency risk management and hedging strategies.

Foreign Exchange 72

Foreign Exchange Accounts Payable Risk Management Reconciliations 72

The Charity CFO

JANUARY 5, 2023

They should clarify the roles, authority, and responsibilities for essential financial management activities and decisions. . Accountability for everyone involved. When creating your fiscal policy, ensure that it complies with the Generally Accepted Accounting Principles (GAAP). Make board members accountable.

Nonprofit 52

Nonprofit GAAP Budgeting Auditing 52

PYMNTS

SEPTEMBER 29, 2017

One of the most crucial areas for banks’ treasuries is risk mitigation , which, according to Beaulande, has become more complex as it relates to other areas of treasury management. Managing liquidity and credit risk are definitely of main concern to FIs.

Treasury 56

Treasury Banking Compliance Risk Management 56

PYMNTS

JULY 6, 2017

In the third episode of our “ Kill The Check ” series, Ingo Money ’s CEO Drew Edwards spoke with PYMNTS about the demand lenders face not only to fast-track approvals, but also to push payments into the accounts of borrowers — regardless of account type. “So,

Risk Management 40

Risk Management Reconciliations Invoicing Compliance 40

Planful

JUNE 3, 2021

Manual reconciliation is the most frustrating aspect of creating consolidated financial statements. A solid financial planning and consolidation platform that supports risk management and can handle the nuances of various accounting standards and multiple currencies. Transform the Finance Consolidation Process.

Compliance 40

Compliance Reconciliations Currencies Finance 40

PYMNTS

MARCH 30, 2017

For instance, 29 percent of CFOs identified budgeting and account reconciliation as a priority in the finance department, but just 8 percent said that was a priority for the company overall. One of the largest ways it can do so is for risk management. There are other ways CFOs are being pulled in two directions, too.

CFO 51

CFO Strategic Planning Corporate Finance Risk Management 51

PYMNTS

JANUARY 5, 2017

Simply put: Crooks love checks,” Mike Vigue, VP of product strategy, cyberfraud and risk management at B2B payments company Bottomline Technologies, told PYMNTS. Researchers champion digital payments as a way to combat the security, speed and efficiency problems associated with paper checks.

B2B 40

B2B Reconciliations Corporate Finance Risk Management 40

PYMNTS

JULY 24, 2017

An electronic deposit must go into one bank account — not two — and both parties must acknowledge acceptance — digitally — before that happens. Diegelman explained that simply creating a solution that catered to the lowest common denominator — one person, one bank account — wouldn’t have served customers in that market.

B2C 40

B2C Reconciliations Banking Risk Management 40

PYMNTS

NOVEMBER 3, 2020

The release stated firms have more often been looking for data to validate their own internal counterparty and credit risk assessment. Firms can bolster risk management, loan and debt underwriting, portfolio optimization, supply chain risk management and investment idea generation, the release stated.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

The Finance Weekly

OCTOBER 13, 2021

When a firm spends weeks reconciling accounts, closing the books, and reporting earnings to stakeholders, moving quickly is challenging. It's impossible to optimize financial closing processes without first taking into account the hundreds of steps and people involved. Think through the “extended” process. Secure a quick win.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Economics Risk Management Reconciliations 52

PYMNTS

DECEMBER 16, 2019

Uber is giving its drivers free digital wallets to receive their pay (and, they hope, all of their other pay as well) as well as access to special deals and promotions to linked to that account to keep more of them driving for the company. 2020 Trendline #6: The Global Game-Changer Of Voice.

Banking 72

Banking Accounting Leverage Advertising 72

PYMNTS

JANUARY 1, 2020

Uber is giving its drivers free digital wallets to receive their pay (and, they hope, all of their other pay as well) as well as access to special deals and promotions to linked to that account to keep more of them driving for the company. 2020 Trendline #6: The Global Game-Changer Of Voice.

Banking 69

Banking Accounting Leverage Advertising 69

PYMNTS

MAY 27, 2020

This week’s look at the latest in payments rails innovation finds players including Mastercard, Aflex and Paycor targeting existing card and ACH rails to expand their use for corporates, with a focus on reconciliation, data capture and transparency. Adflex Eyes Card Rails For B2B. Paycor Certified By NACHA.

Reconciliations 92

Reconciliations B2B Compliance Risk Management 92

PYMNTS

AUGUST 12, 2016

Upserve is said to have a fancy, slick restaurant management algorithm that could help Square Capital refine its own fancy, slick risk management algorithm to make better lending decisions. Whether it is a full-on Sizzle will depend on whether enough consumers will use it. Global Citizens.

Reconciliations 40

Reconciliations Prioritization Securities Banking 40

PYMNTS

MARCH 6, 2019

One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. DLT enables real-time asset ownership, like cash, and can provide that access to shared data, such as files and account balances.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

PYMNTS

MARCH 4, 2020

In a statement, a spokesperson for Amex said the company has “rigorous, multilayered monitoring and independent risk management processes in place, which we continuously review and enhance to ensure that all sales activities conform with our values, internal policies and regulatory requirements.”

Accounts Payable 56

Accounts Payable Reconciliations Risk Management Finance 56

PYMNTS

MAY 19, 2017

BS: In the B2B payments arena, it has to be the recognition and level of expanded participation/use of virtual or single-use accounts that has had the greatest impact on payments in the last five years. We’ve seen the number of payment service providers rapidly expand as a direct result of virtual card issuance.

Reconciliations 49

Reconciliations B2B Currencies Securities 49

Barry Ritholtz

OCTOBER 3, 2023

And so after a week there, I, I said to the guys on desk, Hey, can I open an account and do this? Yeah, you’re, you’re, you’re allowed to open an account. So I opened an account and I sat there and I traded the, the New York Chicago Gold arbitrage for the next sort of close to month. Gary Cohn ] 00:05:28 Be?

Marketing 108

Marketing Treasury Banking Profit and Loss 108