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The weight of upskilling in finance

Future CFO

According to a guidebook by software company Esker , after years of continuous change, adapting a more human-centric accounts payable approach is now a prerequisite for keeping a business competitive. This, of course, involves the adoption of technological advancements such as artificial intelligence within the team.

Finance 98
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Managing Security Risks with Virtual Bookkeeping

CFO Share

Vendor Fraud What is Vendor Fraud: This type of fraud occurs when hackers send fake invoices to the accounts payable (AP) inbox, masquerading as legitimate vendors. A more nefarious version occurs when your vendor’s email gets hacked and the fraudster (using the vendor’s actual email address) claims they changed bank accounts.

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Shared services raise the efficiency of the finance function

Future CFO

In the finance function, basic accounting processes like accounts payable, payroll and purchasing are often allocated under the shared services model. This allows the organisation’s core finance and accounting (F&A) operations to concentrate on more strategic work, such as financial analysis and planning. "We

Finance 52
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 SMB Lending, Automation In B2B VC Focus

PYMNTS

FinTech investments targeting B2B and corporate services spanned the globe, with particular concentration this past week in SMB lending across India and Europe. Based in Florida, the company is a FinTech payment as a service provider and offers services across a B2B focused hub, spanning accounts payable and receivables.

B2B 46
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Combining RPA & AI for business success

Future CFO

Leveraging automation that includes AI allows for a better quality and understanding of the data and an acceleration of work processes, all packaged into flexible, scalable solutions that can increase savings and productivity. The term AI generally describes the mimicking of human, “natural” intelligence by using algorithms.