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How Can AI Help Financial Planning?

The Finance Weekly

AI in financial planning is changing how businesses analyze data and make decisions. Traditionally, financial teams had to analyze large amounts of data to evaluate performance, predict trends, and plan for success. This process took a lot of time and effort, but AI is now making it faster and easier.

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Report the Future: The Role of Automation in Financial Reporting

Centage

Despite the basic truth that businesses need to be future looking if they hope to succeed, traditional financial reporting has typically focused on what’s happened in the past and present. To that end, most companies are gathering data on revenue, expenses, and other key ratios rather than predicting what’s coming down the pipeline.

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The Best Power BI Visuals for Financial Reporting

Collectiv

The most valuable indicators of the financial health and position of an organization are the metrics that are tracked in financial statements—Balance Sheets, Profit and Loss Statements, Cash Flow Statements, Account Receivables, and more. Financial reporting is meant to give stakeholders an accurate depiction of a company’s finances.

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Report the Future: The Role of Automation in Financial Reporting

Centage

Despite the basic truth that businesses need to be future looking if they hope to succeed, traditional financial reporting has typically focused on what’s happened in the past and present. To that end, most companies are gathering data on revenue, expenses, and other key ratios rather than predicting what’s coming down the pipeline.

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How Data Guides A New Era For The ERP

PYMNTS

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.

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Standards for Carbon Accounting are Beginning to Take Shape

Bramasol

From a global perspective, the International Sustainability Standards Board (ISSB) is also working on developing uniform financial reporting rules. If adopted by December 2022, the new disclosure requirements would be phased in over Fiscal Years 2023 through 2025, depending on companies' SEC registration types.

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Sweep Raises $1.2 Million For Finance Management Tools

PYMNTS

Sweep was founded in 2017 and has focused in the past on automating essential business platforms to help boost efficiency and productivity, the report stated. Corporate travel technology firms are moving ahead to launch new tools for businesses as they ready for a travel and entertainment (T&E) comeback.