CFO Share

MAY 10, 2024

Although bookkeepers are not professional financial planners, they can use their intimate knowledge of your transactions to assist business cash flow management. List All Accounts Receivable (AR) Due by Week (bookkeeper) : This includes customer payments that are expected to come in and will directly impact your cash inflow.

Forecasting

PYMNTS

MAY 11, 2018

But the aggregation of troves of data points is a monumental task – let alone sorting, analyzing and making sense of that information. The issue, said Alexander Rinke, co-founder and CEO of Big Data company Celonis , is that oftentimes, businesses approach the analytics process by relying on static data points. .

Accounts Payable

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)

PYMNTS

SEPTEMBER 12, 2018

There is no shortage of FinTech firms that have emerged since the 2008 financial crisis aiming to facilitate access to small business capital, many of which target supplier and invoice financing specifically. As the industry grows, access to small business financial data is a critical component of risk mitigation and underwriting practices.

Finance

PYMNTS

JUNE 22, 2016

In B2B payments, accounts payable automation is a hot topic, as are the challenges AP professionals face when it comes to paying suppliers and managing the data from those transactions.

Accounting

The Charity CFO

APRIL 1, 2024

A good technology solution addresses each of your nonprofit accounting concerns. With the right tech in place, your organization can more accurately record and report your financial information and save your team a lot of time over paper accounting systems.

Nonprofit

Michigan CFO

JUNE 7, 2023

Virtual CFOs leverage cloud-based accounting systems, collaborative tools, and remote communication to provide financial services to businesses on a part-time or “fractional” basis. What Do Virtual CFOs Do? They also identify and address cash flow gaps to ensure healthy liquidity.

CFO

PYMNTS

JANUARY 14, 2020

Leveraging APIs For a More Convenient Workflow. Business clients’ AP experiences often include checking their account balances to decide how much they can spend, placing orders with vendors, receiving invoices, issuing payments and reviewing their bank accounts to reconcile transaction details.

Cash Management

The Finance Weekly

DECEMBER 22, 2022

In 2023, organizations may focus on investing in technology that addresses specific pain points and offers a clear return on investment, such as spend management or accounts payable, rather than broader, more comprehensive investments like enterprise resource planning platforms, according to Born. “I

Financial Planning and Analysis (FP&A)