CFO Talks

JANUARY 27, 2025

ESG is not just about compliance; it’s a framework for long-term business viability and resilience. Transparent Reporting: Overseeing the development of robust ESG reporting mechanisms to ensure transparency and compliance with evolving regulatory frameworks. I must be honest. So, again, they affect the whole profession.

CFO

Global Finance

OCTOBER 31, 2024

system offers unified, one-stop transaction services for merchants with multiple online stores and currencies, including the US and Australian dollars, the euro, and the yen. Between January and June, CCB provided cross-border services in the currency for more than 50,000 current account and capital market clients.

Mergers and Acquisitions (M&A)

CFO Talks

APRIL 30, 2025

Marizani’s experience during Zimbabwe’s foreign currency shortages led to creative solutions such as restructuring supplier relationships and integrating risk-sharing into contracts. During Zimbabwes foreign currency shortages, we couldve frozen operations. But youve proven otherwise.

Leadership

CFO Dive

JULY 31, 2025

Finance chiefs are eyeing stablecoins in particular — digital assets with their valuation tied to that of another asset, typically a fiat currency — as “a practical entry point” into adoption of digital assets, according to a Thursday press release on the survey results. You can unsubscribe at anytime. The CLARITY Act, sponsored by Rep.

CFO

CFO Dive

JULY 11, 2025

But “the data shows that more illegal activity still happens with cash than with crypto,” according to Scott, potentially referring to 2024 Treasury data that found “the use of virtual assets for money laundering remains far below that of fiat currency.” currency due to its wide acceptance and stability,” the Treasury reported.

Marketing

Bramasol

APRIL 15, 2024

In this new post, we get more granular to provide an update on how AI and Gen AI can enhance productivity, insights, and results in finance applications such as order-to-cash to compliance (OTC 2 ), along with a look at how new SAP AI initiatives are key to this transformation. to drive financial models.

SAP

Bramasol

MAY 16, 2025

Revenue Recognition Compliance: Navigating ASC 606 / IFRS 15 rules for multi-element arrangements and variable consideration. Operational Scalability Multi-Entity and Global Expansion: Managing multiple subsidiaries, currencies, tax jurisdictions, and transfer pricing. Audit Readiness: Growing need for internal controls (e.g.,

SAP

PYMNTS

JUNE 14, 2017

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Analysts agree that a company should work with partners, advisors and technologies that can help them manage their compliance demand across borders. There are also an “extremely high number” of tax rules.

Compliance

PYMNTS

JANUARY 7, 2021

The paper reported that the Office of the Comptroller of the Currency (OCC) is looking into business card sales tactics at the company as well, citing unnamed sources. A representative for AmEx told WSJ, “We have robust compliance policies and controls in place, and do not tolerate misconduct.” 7), citing unnamed sources.

Sales

https://trustedcfosolutions.com/feed/

JULY 19, 2022

Sage Intacct has completed SSAE 18 SOC 1 Type II, SOC 2 Type II, and ISO27001 audits. Manage multiple currencies and leverage automated compliance processes for your financial regulations. It is PCI certified because Sage understands that you’re entrusting us with your business’s most private, most critical data.

Accounts Payable

CFO Talks

AUGUST 29, 2024

Managing Risks Good treasury management also means protecting the business from risks like currency fluctuations or changes in interest rates. For example, if your company exports goods, the value of foreign currencies can impact your profits. Regularly audit your treasury operations to ensure you’re in compliance.

Treasury

PYMNTS

FEBRUARY 19, 2018

And, as those same companies bring business and currency across borders, their supply chains lengthen and transactions transverse currencies, languages and any number of regulatory hurdles. On top of that, the regulators are putting a heavier hand on tax compliance” and other daily minutiae of doing business.

Auditing

Future CFO

MAY 26, 2022

There will be intercompany transactions that happen between them, and it gets very complex when businesses are international – whether it's regulation or taxation, foreign exchange rates, or compliance. A third red flag for Ng is tax audit issues.

Mergers and Acquisitions (M&A)

PYMNTS

OCTOBER 1, 2018

After all, it stands to reason that the more links there are in the supply chain (spread out, and even global in nature), the harder it is to deliver absolute confidence in production methods, quality of products, transparency of payments and regulatory compliance. percent pure.

Currencies

PYMNTS

NOVEMBER 20, 2020

Gulati discussed what this trend means for the way that multi-entity SMBs manage a range of financial workflows across borders, and how technology can ease the biggest friction pain points like foreign exchange volatility and domestic compliance. Cross-Border Headaches. All of this is really manual," noted Gulati. "If It can be nightmarish.".

Mergers and Acquisitions (M&A)

PYMNTS

NOVEMBER 29, 2018

In finance, that could mean introducing smart contracting capabilities in global trade, or the ability to facilitate cross-border payments via crypto-to-fiat currency exchanges. Some blockchain pioneers have also begun to explore how the technology might be able to address financial challenges for particular industries.

Auditing

PYMNTS

JANUARY 25, 2019

Chainalysis unveiled an anti-money laundering (AML) compliance solution for stablecoins called Know Your Transaction (KYT), the company said in an announcement. In other news, Robinhood got the green light to trade seven digital currencies — such as bitcoin and litecoin, among others — in New York state, Reuters reported.

Securities

PYMNTS

AUGUST 18, 2017

Israch said that tasks as far ranging as supplier management, invoice processing and regulatory compliance can be managed through Tiaplti’s AP Hub. CMO Rob Israch describes the AP Hub as a central place where every aspect of payments is brought into one central cloud-based location. and overseas.”.

Accounts Payable

Global Finance

OCTOBER 10, 2024

Al-Allaq: The central bank is striving to strengthen Iraqi lenders through various measures including intensified controls, procedures and inspections targeting banking and non-banking financial institutions, and the establishment of an AML/CFT and a compliance office in Baghdad.

Banking

PYMNTS

FEBRUARY 15, 2019

As noted in this space late last year, five federal agencies spoke out, and presented a statement that detailed how credit unions and banks could share resources to make Bank Secrecy Act compliance efforts more streamlined. The unit ultimately wrote off $685 million. The company has since said it would sue the FT.

Compliance

PYMNTS

JUNE 24, 2016

According to the company, the solution is geared for heightening compliance and boosting spend transparency by automating the validation process of employee transactions. “InternationalXpense streamlines the expense claim process and assists finance teams to drive compliance and prevent fraud.”

Compliance

PYMNTS

JANUARY 16, 2017

In a world of cross-border transactions, geopolitical upheaval and currency volatility, corporates traditionally forge relationships with several banks. Through automation, in each step in processing payments, should there be compliance issues or manual errors in processing, there will be a “hit” that will prevent further actions.

Treasury

PYMNTS

MARCH 12, 2018

Cooke doesn’t believe cryptocurrencies are the future of payments, however; instead he says digital offerings will supplant the promise and peril of bitcoin and its digital currency brethren. 86 percent | Percentage of companies around the world that experienced at least one cyberattack last year, according to Kroll research.

Compliance

PYMNTS

AUGUST 13, 2018

Tether , the digital currency that is purported to be backed by U.S. But according to the Wall Street Journal, Tether has never shown any audit that backs up its claim that it has that cash in reserves. The WSJ noted that in 2017, Tether hired Friedman to audit the reserves. dollar fully.

Auditing

CFO Talks

JULY 23, 2024

For example, currency fluctuations and credit risk may rank higher for South African businesses due to the economic environment. Strengthen Internal Controls Strong internal controls are essential for preventing fraud and ensuring compliance with regulations.

Risk Management

CFO Leadership

MARCH 31, 2022

New currencies, global banking structures, regional regulations, disparate processes, and disconnected systems all add complexities to the treasury operations. Treasury professionals may now have to keep an overview on hundreds of bank accounts with different bank partners, in multiple currencies and in many countries around the world.

Treasury

PYMNTS

AUGUST 17, 2018

That doesn’t mean investors have ignored the FinTech side of the B2B market, though, with funding landing at eProcurement, auditing, alternative finance and other players. Cloud-based risk and auditing management provider AuditBoard raised $40 million in Series B funding, announced this week, led by Battery Ventures. AuditBoard.

B2B

The Finance Weekly

APRIL 13, 2024

This includes tracking past financial activities, ensuring compliance and reporting, as well as forecasting future financial scenarios for better budgeting. Drill-down and audit control allow each finance team to understand and control every aspect of their budget and forecast.

Financial Planning and Analysis (FP&A)

Planful

AUGUST 1, 2017

You’re expanding internationally, which often brings new complexities, such as currency conversions and intercompany eliminations across multiple divisions and subsidiaries. You’re preparing for an IPO or external audit, which requires having rock-solid financial statements. Non-controlling interest and minority ownership.

GAAP

Future CFO

JUNE 16, 2025

For instance, AI-powered tools can now spot unusual transactions in real time, which helps reduce financial risk and tighten compliance. In today's environment, being able to respond quickly as prices change, supply routes change, or currencies fluctuate can mean the difference between running at a profit or slipping into loss."

Profit and Loss

CFO Talks

MARCH 14, 2024

No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making. Building on this foundation, it’s essential to explore the broader spectrum of the CFO’s role in today’s fast-paced business environment.

Prioritization

PYMNTS

NOVEMBER 7, 2019

Depending on how far afield they expand, those issues can span currencies, locally preferred payment methods and, increasingly, taxes. She noted that automation of tax compliance, as provided by Avalara, can help prevent the fines and penalties that loom when revenue becomes the key driver for state and local governments. Some Advice.

Compliance

The Finance Weekly

APRIL 28, 2024

Handles complex consolidation scenarios, multiple sources, currencies, and entities. With pre-built compliance safeguarding and meeting accounting standards including audit trials and access controls. Pricing They haven't posted their price on the website, but just reach out to their Sales Team for a quote.

Financial Planning and Analysis (FP&A)

Onplan

NOVEMBER 30, 2022

It also offers convenient multi-currency management. Additionally, Adaptive doesn’t always adequately handle multiple currencies and exchange rates, causing issues with balance sheets. Automated reporting also enforces compliance with GAAP and IFRS standards. Customer success.

Financial Planning and Analysis (FP&A)

Barry Ritholtz

NOVEMBER 25, 2024

Show us the auditing, Barry Ritholtz : Show us the trades track record, and, and it only goes back to oh nine. You know, you run an RIA, the SEC just comes knocking every once in a while to say, Hey, just wanna make sure the compliance program’s all set up. Somehow no one in due diligence ever asked them about any of this.

Leverage