The Finance Weekly

NOVEMBER 8, 2022

What is a financial tech stack? A tech stack, or a solutions stack, is the combination of technologies and software tools that an organization uses in order to conduct day to day business operations. There are employee time tracking sheets, payroll management, customer accounts, and even the ability to generate basic financial reports.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98

https://trustedcfosolutions.com/feed/

FEBRUARY 11, 2023

Having the right strategies in place helps open up new opportunities while preventing major roadblocks in your financial reporting. Sage Intacct’s accounting software makes it easy to keep accurate records throughout the year, preventing future accounting mistakes and optimizing cash flow.

Accounts Payable 62

Accounts Payable Reconciliations Leverage CFO 62

PYMNTS

MARCH 4, 2020

Enterprise cloud migrations have opened up the ability for smaller businesses to adopt ERP technology once reserved for the largest corporates. At the same time, a surge in third-party financial platforms has disrupted the flow of data into the ERP, disbursing information throughout the back office. Disruption Ahead.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

The Charity CFO

APRIL 25, 2024

Categorizing transactions, reporting income, and meeting compliance requirements can be overwhelming. In this case study, we’ll explore real stories of nonprofits who have transformed their organizations by using technology to streamline their financial infrastructure.

Nonprofit 52

Nonprofit Accounting CFO Auditing 52

The Charity CFO

MARCH 27, 2024

Dext works with QuickBooks to sync any uploads from the app into QuickBooks Online, making it easy for your accounting team to access any receipts or documents through the QuickBooks platform. Bill Formerly Bill.com, Bill is a financial software that helps you manage your accounts receivable and accounts payable.

Nonprofit 40

Nonprofit Accounts Payable Compliance Invoicing 40

PYMNTS

SEPTEMBER 17, 2020

That's particularly true for finance teams like accounts payable , accounting or payroll. According to Woods, organizations and their finance teams must be strategic about how they reduce their reliance on physical paper and invest in the technologies that can optimize document management without adding any extra pain.

Accounts Payable 63

Accounts Payable Compliance Invoicing Finance 63

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

PYMNTS

APRIL 10, 2020

Financial technology innovation has opened the doors to massive transformation of corporate finance departments. For middle-market organizations, the largest barrier to efficient financial close processes remains the struggle to obtain high-quality data.

Corporate Finance 87

Corporate Finance Accounts Payable Finance Accounting 87

CFO Plans

SEPTEMBER 3, 2021

And advanced technology is leading the way for even better, faster delivery methods. The customer experience and necessary technology were top of mind when he began investing in the performance outcomes of his business. Consider the effort and energy that used to go into that process.

CFO 68

CFO Accounts Payable Planning Finance 68

Michigan CFO

JUNE 7, 2023

Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team. CFOs play a pivotal role in strategic decision-making, ensuring the financial health and stability of the business. What are the services of a virtual CFO?

CFO 52

CFO Problem Solving Budgeting Communication 52

Centage

SEPTEMBER 6, 2022

As organizations expand, they will need to rely on more complex reporting functions. Unfortunately, Excel has very defined limits that can make it challenging for businesses to publish their financial reports more quickly and efficiently. Technology does not change so your business can stay the same.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

The Finance Weekly

OCTOBER 13, 2021

Compliance: Abide by laws regarding environmental regulations, financial reporting, etc. The responsibilities of controllers today extend to more than just accounting and forecasting; FCs are now expected to engage in business administration and financial planning.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Strategic Planning 52

The Finance Weekly

OCTOBER 31, 2021

Coronavirus (COVID-19) served as a wake-up call for several financially unstable non-profits. There are numerous concerns, but many of them are simple to address, and technology may play a significant part in assisting you in doing so. At the very least, you must have transparent financial reporting.

Planning 52

Planning Auditing Nonprofit Accounts Payable 52

PYMNTS

MARCH 19, 2020

That’s because the more software solutions a business implements, the more platforms there are for accountants, payroll professionals, financial executives and others in the enterprise to toggle between, opening up the opportunity for manual data entry, recording errors and wasted time. ” A Waterfall Effect.

Accounting 62

Accounting Invoicing Accounts Payable Financial Data 62

PYMNTS

JUNE 21, 2019

Aside from the political implications of such claims, The New Yorker ‘s report pointed to the fraud risks that organizations face, even from the C-Suite. The average financial loss caused by fraud, as reported by SmallBusiness.co.uk , came in at more than £240,000 (just over $305,000 USD).

Accounts Payable 43

Accounts Payable CFO Accounting B2B 43

Centage

SEPTEMBER 6, 2022

As organizations expand, they will need to rely on more complex reporting functions. Unfortunately, Excel has very defined limits that can make it challenging for businesses to publish their financial reports more quickly and efficiently. Faster publishing for financial reports and dashboards.

Securities 52

Securities Cash Flow Forecasting Budgeting Forecasting 52

CFO Talks

MARCH 19, 2024

Regularly updating this list keeps the agenda relevant and front of mind across the organization. Identifying Strategic Priorities The process begins with a thorough analysis of the current financial landscape and an evaluation of emerging technologies, like AI, that can significantly enhance operational efficiencies.

CFO 52

CFO Communication Finance Budgeting 52

Spreadym

JUNE 19, 2023

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.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Accounts Payable 52

Planful

JANUARY 11, 2022

To get you started, here are 5 ways you can use AI to transform finance and 5 ways AI can speed your move away from yesterday’s technology for a total of 10 tips you can put to work today. The next generation of finance professionals embraces and expects AI-enabled technology to be readily available at their firms. Essential Terms.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40

The Charity CFO

MARCH 2, 2022

I don’t know if my accounting is bad. I don’t know if my financial reports are inaccurate. You’ve seen a lot of financial reports. You could also determine that by looking at their accounts payable, like, why aren’t we paying bills? I don’t know what, I don’t know.

Nonprofit 98

Nonprofit Auditing Reconciliations Accounting 98

BlueLight

JULY 30, 2020

The financial implication of these decision is critical and the CFO is the executive helping the CEO navigate these decisions. Historically, the CFO role was focused on backward looking information: ensuring on-time and accurate financial reporting. The interviews were conducted starting March through July 2020.

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

PYMNTS

JULY 20, 2016

The $60 billion proposed acquisition of EMC is the largest-ever in the technology sector by market value, reports said. Its current 107-days payable outstanding, however, is significantly higher than the 87 days it took to pay suppliers just three years ago, reports said, citing data from SEC filings. In the U.S.,

Invoicing 40

Invoicing Finance Financial Reporting Technology 40