Future CFO

JULY 12, 2021

While it’s good to see that the vast majority of S&P 500 companies are formalising ESG reporting, our analysis suggests that governance metrics are being overlooked in the face of pressing social and environmental issues,” said Matt Shinkman, vice president with the Gartner Risk and Audit Practice.

Benchmarking 40

Benchmarking Auditing Communication Numbers 40

PYMNTS

MARCH 6, 2020

The British audit regulator, the Financial Reporting Council (FRC), announced plans this week to break up the dominance of the largest four accounting firms: PwC, EY, Deloitte and KPMG. The outage occurred as the stock market as a whole was trying to bounce back from the biggest loss of value in stocks as of the financial crisis.

Treasury 52

Treasury Auditing eCommerce Cash Management 52

Future CFO

JANUARY 8, 2023

Quiet hiring” will create new avenues to snag in-demand talent Despite worries about a forthcoming recession and some layoff announcements, Gartner benchmarking data shows that a majority of HR leaders still expect the labor market to get more competitive. According to the advisory firm, the top nine workplace predictions are as follows.

Benchmarking 52

Benchmarking Prioritization Auditing Education 52

Boston Startup CFO

FEBRUARY 28, 2023

To ensure that KPIs continually boost performance, you need to periodically audit them to determine their relevance. It evaluates performance according to expectations and can provide context using thresholds, targets, or benchmarks. Next, KPIs must be relevant. Startups should review and revise their KPIs on a quarterly basis.

Startups 52

Startups Performance Measuring Benchmarking Auditing 52

PYMNTS

JUNE 6, 2016

PCI further requires that retailers and business that process over 1 million annual card transactions must be audited to make sure their practices are in line with current security standards. The NRF further notes that the government ought to find a new method by which to benchmark data security.

Benchmarking 40

Benchmarking Construction Auditing Securities 40

CFO Leadership

OCTOBER 10, 2023

The latter, for example, is an offering that Bloomberg says can “ bring the full potential of AI to the financial domain ” and create entirely new workflows, economic analyses and financial benchmarks for its customers.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

Future CFO

AUGUST 30, 2021

Controllers: Companies don’t have access to historical data to benchmark their responses and performance against or help model future scenarios. CFOs must take a central role in an organisation, helping to guide business decisions with a high level of business acumen and commercial mindedness.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Problem Solving 52

E78 Partners

APRIL 26, 2024

E78 uses an evidence-based methodology to validate telecom inventory by combining time-tested process, tailor-made auditing BI and the best experts in the field. Our clients who already have a TEM today can still achieve average savings of 15%-30% from E78 audits and 30%-50% from E78 sourcing and advisory services work.

Technology 64

Technology Benchmarking Auditing Leadership 64

PYMNTS

JANUARY 19, 2017

The two companies recently collaborated to integrate more than 1,200 mobile point-of-sale (mPOS) devices at brick-and-mortar locations, along with a new sales audit solution. Meanwhile, apparel, footwear and accessory retailer Tilly’s teamed up with technology provider Aptos for a revamped omnichannel strategy. Omnichannel, sans store.

Benchmarking 40

Benchmarking Auditing Manufacturing Retail 40

Collectiv

FEBRUARY 2, 2022

Empower your team to maintain cybersecurity and compliance standards with training on security, governance settings, gateway installation and management, audit logs, and the Azure Active Directory. Benchmarking adoption helps users continuously learn to use Power BI and be rewarded for their efforts.

Education 52

Education Benchmarking Prioritization Data Analysis 52

PYMNTS

MAY 16, 2018

To that end, risk solutions firm Kroll partnered with Ethisphere to offer up the Anti-Bribery & Corruption Benchmarking Report of 2018. In one example, in Kenya, media outlets reported audits have shown that Isiolo County exaggerated its payroll reporting and lost “hundreds of millions of shillings” between the period of 2013 to 2017.

Invoicing 40

Invoicing Compliance Benchmarking Auditing 40

PYMNTS

DECEMBER 20, 2017

It has multiple applications in the logistics industry, especially related to supply chains, insurance, payments, audits and customs brokerage,” said UPS Director of Enterprise Architecture and Innovation Linda Weakland, according to TechCrunch.

Mergers and Acquisitions (M&A) 54

Mergers and Acquisitions (M&A) Planning Transportation Benchmarking 54

The CFO College

APRIL 8, 2021

You’ll also want to stay current on successful brands, along with trending operations, metrics, and benchmarking. You’ll also want to set up a rolling cash forecast, KPIs, benchmarks, budget versus actual, and more, all built out on fully tied-out and accurate accounting data. Become an Active Part of a Network of Experts.

CFO 52

CFO Benchmarking Tax Planning Accounting 52

The CFO College

MAY 12, 2021

” The answers to these questions give you a benchmark for success. Once you land a call with them, make sure to show them concrete ways you could serve them, from explaining a perpetual data room that could keep them always audit-ready to providing a rolling cash forecast to ensure they remain cash flow positive.

Education 52

Education CFO Investments Budgeting 52

E78 Partners

MAY 8, 2024

Validation and Reconciliation: Once categorized, the telecom expenses are validated against predefined benchmarks or budget allocations. Compliance and Audit: ServiceNow helps in ensuring compliance with regulatory requirements and internal policies related to telecom expenses.

Leverage 52

Leverage Auditing Compliance Invoicing 52

VCFO

NOVEMBER 1, 2023

Now is also a good time to reach out to auditors (if an audit or CPA review is required) to plan the timing of the audit, discuss material changes in the business that might impact financial results and/or disclosures, and to obtain a list of their “PBCs” (schedules to be “prepared by client”).

Finance 91

Finance Strategic Planning Auditing CFO 91

Fpanda Club

FEBRUARY 5, 2024

Monthly closing, reporting, compliance and support in audit are among the most frequent responsibilities mentioned in the descriptions. Vena Industry Benchmark Report 2022. Interested by that phenomenon, I made a quick research on the job posts of finance business parners’ positions. Time is probably not the initial problem here.

Finance 130

Finance Analyzing Data Benchmarking Communication 130

Barry Ritholtz

OCTOBER 16, 2023

Bloomberg ) • How a Maneuver in Puerto Rico Led to a $29 Billion Tax Bill for Microsoft : In the largest audit in U.S. Orbis deploys a unique fee arrangement , where they are only paid a fee when they outperform their benchmark and refund fees to clients when they underperform.

Benchmarking 52

Benchmarking Auditing Marketing Finance 52

PYMNTS

AUGUST 7, 2019

The Government Accountability Office (GAO), the supreme audit institution of the United States, agrees with Temoshok. “The reason for this is that, due to data breaches, the information that can be the basis for knowledge-based questions is pretty much publicly available.”.

Benchmarking 47

Benchmarking Securities Auditing Planning 47

The Charity CFO

APRIL 28, 2023

They can also provide financial reports that show how your organization is performing and how it compares to industry benchmarks. Auditing and Assurance Services Auditing and assurance services help to ensure the accuracy and transparency of nonprofit financial statements.

Nonprofit 52

Nonprofit Accounting Firms Accounting Auditing 52

Future CFO

APRIL 12, 2023

Hence it is necessary to audit all the hardware needed, upgrade and allocate special investment to the infrastructure for more sustainable system results. Infrastructure: on top of the good and reliable platform, it is necessary to make sure that the overall IT infrastructure in the company is ready for migration.

Finance 98

Finance CFO Benchmarking Data Analysis 98

PYMNTS

AUGUST 20, 2019

He said that in seeking to provide a range of services, Achilles pools resources across two existing communities known as FPAL and JQS, and that “all supplier data is validated and the completed supplier profiles are accompanied by additional tools” that include performance feedback and audits.

Auditing 43

Auditing Benchmarking Compliance Securities 43

PYMNTS

JANUARY 26, 2018

The data from these periodic closings can be instrumental in providing organizations with key benchmarking information about their financial standings, and yet businesses still struggle to gain the insight they need. It could provide an added internal audit function embedded into the financial close.”.

General Ledger 47

General Ledger Benchmarking Reconciliations Accounts Payable 47

PYMNTS

AUGUST 24, 2017

This month, the company published its latest analysis, The Financial Leaders’ Benchmarking Report , and the findings were “troubling,” in the words of APEX Analytix. Visibility, benchmarking, and independent review,” the executive said, “as they say, ‘You can’t manage what you don’t measure.’”.

Accounts Payable 40

Accounts Payable Invoicing Benchmarking Auditing 40

PYMNTS

SEPTEMBER 5, 2019

Businesses that are noncompliant risk facing audits and expensive fees. Oklahoma has been trialing different benchmark levels, for example, sheltering more SMBs from its taxes by raising the revenue exemption level from $10,000 to $100,000. . As a result, businesses are left unsure about how to maintain compliance. .

Compliance 46

Compliance Economics Sales eCommerce 46

PYMNTS

JANUARY 11, 2018

The problem with this strategy, however, is that the use of manual auditing solutions would force managers not only to review every single charge on every single expense report, but to somehow keep a record of each employee’s past offenses to identify when they repeat a mistake or commit fraud more than once. .

Auditing 41

Auditing Accounts Payable Benchmarking Education 41

Planful

AUGUST 1, 2017

You’re preparing for an IPO or external audit, which requires having rock-solid financial statements. According to a 2014 study by APQC benchmarking the financial close process, the bottom performers took 12 days or more to close and report their results to management. So what does the financial consolidation and close process entail?

GAAP 40

GAAP Value-Added Analysis IFRS Auditing 40

Barry Ritholtz

MAY 9, 2023

You begin in audit practice at KPMG. So how do you then go from tax and audit practice to finance and investing? And again, I ended up in the financial services audit practice at KPMG. It’s great to be here. RITHOLTZ: I’ve been looking forward to this conversation for a long time. What was the original career plan?

Investments 114

Investments Banking Advertising Finance 114

Planful

APRIL 26, 2017

According to a recent benchmark survey by APQC, the bottom performers take 12 days or more to close the books and report their results to management. In terms of contributors, this can include staff from Accounting, FP&A, Legal, Tax, and Audit, as well as the CFO, reviewing results and creating and editing the textual commentary.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Value-Added Analysis Auditing Benchmarking 40

Barry Ritholtz

NOVEMBER 14, 2023

You’re in the board meetings, you’re in the compensation meetings, you’re in the internal audit meetings. They might have, you know, risk parameters, they might have liquidity needs, they might wanna track a benchmark. So you’re in all the board meetings, admitting everything. They might want real return.

Math 52

Math Leadership Investments Entertainment 52

Onplan

NOVEMBER 30, 2022

Benchmarking and KPI tracking across the organization to stay on course. The tool has several custom reporting features, including providing scorecards and benchmarking with external data. Additionally, users have separate roles and validations, creating an audit trail that ensures your data is protected and secure.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting Planning 52