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2024 predictions for finance: From virtual payments to business travel (part 1)

Future CFO

SAP Concur has revealed key 2024 predictions for finance by its executives. For the upcoming year, AI is the connecting thread among SAP Concur executives’ predictions, the firm said, adding that AI is changing how all business is conducted, and travel, expense, and invoice (TEI) management is no exception.

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The 5 best budgeting software solution to increase efficiency of the business

Spreadym

Budgeting software is an application designed to assist businesses in creating, managing, and tracking their budgets. It helps automate and streamline the budgeting process by providing tools and features to input financial data, allocate funds to different categories, monitor expenses, and generate reports.

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The 5 Best Corporate Performance Management Software

Spreadym

Spreadym offers a wide range of analysis tools, like plan vs. actual analysis, financial consolidation, budgeting, forecasting and a variety of stored versions of a document. Oracle Hyperion Planning: Oracle's CPM software is known for its robust financial planning and budgeting capabilities.

SAP 59
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Navigating the EPM labyrinth: A guide for modern finance leaders

Future CFO

"Additionally, CFOs are now required to oversee compliance beyond traditional financial reporting, which extends to new areas such as ESG," Chee adds. At the same time, the ever-shifting sands of regulations threaten to swallow the organisation and the budget. These challenges, like tangled vines, impede progress.

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The best software for financial close and overview of the process

Spreadym

Effective Communication and Collaboration: Foster effective communication and collaboration among departments involved in the close process, such as finance, accounting, internal audit, and operations. When selecting financial close software, consider your organization's specific needs, size, complexity, and integration requirements.