Auditing Cash Management Risk Management 
Future CFO
APRIL 28, 2025
He advocates for dynamic adjustment of payment terms based on these insights: "When they have visibility of these insights, Businesses might implement shorter payment periods for higher-risk customers or offer extended terms to reliable clients with strong credit histories."
PYMNTS
MARCH 6, 2019
Within that ambition, he said, “the only way to create real-time cash management or trading is to allow all parties to see the same pool of validated data.”. The audit trail provides transparency, and smart contracts, tied as they are to permissions, help reduce the risk that cash might “accidentally” be sent to the wrong party.
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PYMNTS
FEBRUARY 22, 2017
Basel III is a set of voluntary rules that impact banks’ risk management and capital requirements, among other things, and could lead to corporate challenges in accessing bank financing. Virtual accounts, he said, “have proved valuable in helping our clients take a more holistic approach to cash management.”
CFO Leadership
MARCH 31, 2022
They struggle to keep an overview on their cash and risk positions. A professional cash management solution can help to overcome these challenges. In the dark about global cash? Using simple tools, such as spreadsheets , or disparate solutions to manage complex operations leads to inefficiencies and errors.
Future CFO
MAY 21, 2020
A Dow Jones Intelligence survey of 500 finance executives affirm what we know today – there is greater demand on the CFO to participate in strategic business decision-making, as well as a more diverse types of business and operational risk management.
Boston Startup CFO
APRIL 3, 2023
If you lack knowledge in accounting principles, you open yourself up to many potential risks, including inaccurate financial statements which can hinder your ability to make informed decisions. Additionally, you open yourself up to compliance and audit issues, and you’ll potentially decrease your chances of securing funding and financing.
Beacon CFO Plus
JUNE 16, 2023
For example, common controls like external audits of financial statements and a formal code of conduct were in place at only 53 percent of small businesses (compared to 90 percent of larger organizations). They also found that one of the top weaknesses was a lack of business owner review.
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