Remove Accounts Payable Remove Banking Remove Financial Reporting Remove Reconciliations
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Capitalising on the Fintech apps in APAC

Future CFO

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. This trend is driven by the need for real-time data analysis and insights to make informed business decisions.

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From Controller to CFO: What Changes?

CFO Talks

Key Differences in Everyday Tasks: Reporting: The Controller prepares financial reports; the CFO reviews these reports and uses them to make decisions or plan strategies. They also seek to capitalize on available discounts for accounts payable, issue billings promptly, and diligently calculate job costs.

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Nonprofit Audit Checklist (+ Free PDF Download)

The Charity CFO

That means keeping your paperwork organized, staying current on your reconciliations, tracking restricted funds , and accurately recording all your expense and revenue transactions each month. PRO TIP: If your internal team can’t keep up, you can always consider an outsourced nonprofit accounting service to keep your books audit-ready.

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The Basics of Nonprofit Bookkeeping

The Charity CFO

Record and classify payments and bank transfers . Prepare bank reconciliations. Allocate revenue and expenses to restricted fund accounts . Bookkeepers lay the foundation for the accounting processes that will follow. Plus, give you timely financial reports and expert advice that help you carry out your mission.

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The best cash flow management software for business

Spreadym

Control Accounts Payable: Effectively manage your accounts payable by negotiating favorable payment terms with suppliers, taking advantage of early payment discounts, and optimizing your inventory levels to avoid tying up excessive cash in stock. These features enable you to monitor and analyze your cash flow effectively.

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10 Tips CFOs Can Use to Put AI in Finance to Work Today

Planful

Without AI, employees are burdened with hours of monotonous tasks like reporting and data reconciliation. This was great for business but led to increasingly long financial reconciliation times. Luckily, Specialized had implemented Planful for worldwide financial reporting and workforce planning four years earlier.

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The best software for financial close and overview of the process

Spreadym

Here are the typical steps involved in the financial close process: Pre-Close Activities: This phase involves preliminary activities to prepare for the close process, such as reviewing account reconciliations, ensuring the completeness of transactions, and resolving any outstanding issues or discrepancies.