Remove Auditing Remove Compliance Remove Healthcare Remove Leverage
article thumbnail

 AppZen On The State Of Spend Auditing

PYMNTS

Firms auditing expenses through manual processes and outdated technologies risk missing the chance to flag erroneous or fraudulent submissions from vendors and employees. Deploying technology — especially artificial intelligence (AI) — can streamline the auditing process and boost cost savings significantly.

article thumbnail

How to introduce data integrity in your regular FP&A activity?

Spreadym

Data integrity is a critical aspect of data management and is essential for maintaining the trustworthiness of data for various purposes, including decision-making, compliance, and security. Audit Trail Integrity: Maintaining an audit trail, which records who accessed and modified data, is crucial for data integrity.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

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.

article thumbnail

Serent Capital Starts New Fund; Bullish On B2B Payments Category

PYMNTS

The first was the investment in early December of procure-to-pay healthcare payments company Procurement Partners. More and more companies are starting to leverage payments technology with [virtual cards] because of the value to all players in the ecosystem,” Fenton said. That was followed on Dec.

B2B 79
article thumbnail

South Korea Examines Blockchain For Shipping

PYMNTS

Separately, a report from New Zealand’s innovation agency, Callaghan Innovation, has said there can be growth in the country’s largest export if firms leverage blockchain. CCN reports that the agency noted that IT in the country employs 100,000 people and generates as much as $16 billion New Zealand dollars each year in revenue.

article thumbnail

Deep Dive: How Firms Can Avoid Costly Mistakes Come Tax Season

PYMNTS

Paper-heavy expense and payroll systems can obscure important compliance data, for example, or might otherwise complicate tracking if SMBs or their employees qualify for exemptions. These outdated processes are frustrating and could also lead to costly mistakes. That more-measured approach is not necessary, though.

article thumbnail

Weekend Reading For Financial Planners (Nov 19-20) 2022

CFO News Room

Which means that contributing to and investing the funds in an HSA can be an efficient way to pay for healthcare costs, now or in the future. Because while funds in an HSA can be used to pay for a variety of healthcare costs, account owners are not required to use the HSA for these costs incurred in a given year.

Planning 130