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

CFO Share

JULY 16, 2024

CFOs must also be excellent communicators. They foster trust and secure funding by communicating the company’s financial health, investment opportunities, and risks. Controllers handle the operational side of financial management, ensuring that the day-to-day accounting functions are carried out accurately and efficiently.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) CFO General Ledger Compliance 98

PYMNTS

FEBRUARY 25, 2020

New technology solutions are stepping onto the market to help automate accounts receivable, accounts payable and the act of supplier payments, as well as other processes surrounding these fields, like trade finance, cash flow management and accounting. There’s nothing more valuable than remittance data.

B2B 69

B2B Accounts Payable General Ledger Reconciliations 69

CFO Simplified

DECEMBER 26, 2021

They review bank and credit card monthly reconciliations to assure accuracy and they review general ledger postings for the month—identifying any anomalies that might have crept in and writing up adjusting journal entries for bookkeepers to enter. It’s important to note that accountants do not communicate with the IRS on your behalf.

Finance 52

Finance General Ledger CFO Auditing 52

The Charity CFO

OCTOBER 9, 2024

Instead, accounting software prioritizes accuracy, standardization, and regulatory compliance. Encourage open and regular communication between your fundraising and accounting teams for effective management of these critical functions. Use data exports and reports to bridge the gap between the two systems.

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

Spreadym

JULY 10, 2023

These entries correct errors, allocate costs, or reclassify transactions to the appropriate accounts. Subsidiary Ledgers and Reconciliations: Subsidiary ledgers, such as accounts receivable and accounts payable, are reconciled to the general ledger to ensure consistency and accuracy.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

The Charity CFO

APRIL 25, 2024

We didn’t have anything automated, which led to a lot of communication and not understanding where things stood,” Brandi explained. “I Bill (formerly known as Bill.com) Bill is a system that manages the entire accounts payable cycle in a virtual environment. I knew we needed a different process if we wanted to stay organized.”

Nonprofit 52

Nonprofit Accounting CFO Auditing 52