Future CFO

MARCH 16, 2022

Companies are estimated to reduce annual compliance training by 50% by 2025, said Gartner recently. Many compliance leaders are dissatisfied with the effectiveness of their existing program activities,” said Chris Audet, senior director, research in the Gartner Legal, Risk & Compliance practice.

Compliance 98

Compliance Budgeting Leverage Numbers 98

PYMNTS

OCTOBER 9, 2020

Venture capital funding landed at supplier payment and compliance automation firms this week, among other B2B innovators that raised money. Eclypsium will harness the infusion for growth, while it plans to keep building out the functions of its platform to handle heightened market demand. million Madrona Venture Group-led seed round.

Compliance 107

Compliance Auditing Accounts Payable Valuation 107

PYMNTS

OCTOBER 2, 2020

Some businesses fail to undergo the routine audits they need to assess their systems’ security, and others do not want to — or cannot — spend the money it takes to upgrade them. Working with payments orchestration providers can help firms like these address their systems’ security flaws by taking on the compliance burden.

Compliance 97

Compliance Auditing Securities Numbers 97

PYMNTS

JANUARY 26, 2021

Usually, the auditing workflow involves looking at expense reports filed by employees, with a focus on identifying potentially erroneous or even fraudulent transactions. Digitizing and centralizing spend across various departments and workflows is the first step to enhancing the auditing process, said McCrossan.

Auditing 75

Auditing Invoicing Compliance Accounts Payable 75

Future CFO

MARCH 21, 2022

The top challenge for internal audit leaders this year is how they can attract talent with nontraditional skills, said Gartner recently. 57% of chief audit executives said that attracting talent with nontraditional skills was an important or extremely important issue for them in 2022. Survey highlights.

Auditing 52

Auditing Technology Planning Marketing 52

PYMNTS

MARCH 15, 2020

The Securities and Exchange Commission (SEC) voted last week to ease audit requirements for some small, publicly traded companies, the agency said in a statement Friday (March 13). CEO of the Securities Industry and Financial Markets Association (SIFMA), has been in charge of the industry response to the outbreak. Kenneth Bentsen Jr.,

Auditing 63

Auditing Compliance Securities Accounting 63

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 58

Compliance Marketing Currencies Auditing 58

Boston Startup CFO

APRIL 12, 2024

409A / Valuations Leveraging our expertise and industry knowledge, we will conduct thorough assessments to determine the fair market value of your company, ensuring compliance with regulations and helping you make informed decisions related to stock options, equity compensation, and financial reporting.

Corporate Finance 40

Corporate Finance Finance Auditing Compliance 40

PYMNTS

AUGUST 19, 2019

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.

Auditing 56

Auditing Accounts Payable Invoicing Healthcare 56

PYMNTS

FEBRUARY 7, 2019

Tightening regulations have introduced loftier compliance burdens to global supply chains, made even more complex and challenging as companies do business with thousands of vendors across borders. The burden of regulatory compliance came to a head in the U.S. regulations, even if a vendor is not in the U.S.

Compliance 65

Compliance Retail Auditing Startups 65

PYMNTS

AUGUST 14, 2019

of India is reviewing an audit report to ensure WhatsApp complies with local rules. “We We have received the data localization compliance system audit report from WhatsApp, which shall be reviewed in the next few weeks,” a Mumbai-based representative for NCPI said, according to Bloomberg. The National Payments Corp.

Compliance 40

Compliance Auditing Banking Marketing 40

E78 Partners

MAY 8, 2024

It provides dashboards and reports for tracking SLA compliance and performance metrics. 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

Future CFO

FEBRUARY 22, 2024

The pressure on finance leaders to deliver strategic insights and ensure compliance is mounting in this dynamic environment. In an increasingly global market and increasing digitisation of the world, it is essential to a company’s ability to organise, match and report on performance across a company,” Chee adds.

Financial Planning and Analysis (FP&A) 97

Financial Planning and Analysis (FP&A) Finance Compliance SAP 97

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

OCTOBER 24, 2019

HRS CEO Tobias Ragge said in the announcement, “As we’ve piloted with integrated hotel payment solutions around the world in recent years, the program compliance metrics are clear.” He continued, “When our clients use our payment solutions, we’ve seen hotel compliance rise by on average 23 percent.

Compliance 40

Compliance Auditing Invoicing eCommerce 40

The Charity CFO

DECEMBER 8, 2022

Grants are the lifeblood of nonprofits, giving them the much-needed cash injection to market the organization, fund a project, or get an initiative off the ground. Because accurate nonprofit accounting can help with reporting and auditing requirements, and ensure that the funds are being used in accordance with the grantor’s wishes.

Accounting 52

Accounting Nonprofit Auditing Compliance 52

PYMNTS

APRIL 16, 2019

A German markets regulator has filed a complaint with prosecutors alleging that shares of Wirecard were manipulated by someone who potentially had prior knowledge of a forthcoming damaging article written by the Financial Times , according to Reuters. . Wirecard’s stocks fell after the Jan.

Sales 46

Sales Marketing Compliance Auditing 46

Future CFO

MAY 2, 2024

The third annual 2024 ESG Practitioner Survey polled more than 2,000 people involved in corporate reporting, including finance and accounting, sustainability, risk, and internal audit professionals across North America, Europe, and Asia. “The Assured integrated reporting is about more than compliance," says Volpe. "It

Compliance 52

Compliance Auditing Budgeting Leverage 52

Bramasol

AUGUST 31, 2023

Over the past eight years, many episodes in this blog series have focused on revenue recognition and how SAP solutions such as Revenue Accounting and Reporting (RAR) have provided a robust foundation for compliance with ASC 606 and IFRS 15. This provides the basis for real-time matching of revenue and cost.

SAP 89

SAP Accounting Reconciliations General Ledger 89

The Charity CFO

APRIL 13, 2023

In order to successfully manage the financial health of your nonprofit organization, here are 7 key concepts you should understand: Compliance and Audit Requirements Compliance is the act of ensuring the public that nonprofits are abiding by the rules that allow them to take advantage of tax exempt status and other financial incentives.

Nonprofit 52

Nonprofit Compliance Accounting Standards Budgeting 52

VCFO

FEBRUARY 15, 2023

Lee Ann’s depth and breadth of expertise includes board reporting, audit preparation, business plan development, market research and analysis, risk management, and capital requirements. She had complete ownership of financials, reporting, auditing, and compliance for all entities.

Auditing 52

Auditing CFO Risk Management Budgeting 52

The Finance Weekly

JULY 28, 2022

One of Vena’s customers, , Verra Mobility , claimed that Vena misled them into believing that the Soc 1 Type II report that Verra was given had been audited by an independent auditor. Vena is currently undergoing audits to rectify the situation. SOC reports started in 1992 under the Statement on Audit Standards (SAS).

Auditing 52

Auditing Compliance Budgeting Securities 52

Bramasol

MAY 8, 2023

It provides a standardized approach to implementing SAP S/4HANA and other cloud-based solutions, with the goal of accelerating the adoption of digital technologies and enabling businesses to respond more quickly to changing market conditions.

SAP 89

SAP Compliance Construction Auditing 89

PYMNTS

JUNE 11, 2020

With market volatility and economic pressure higher than it has been in more than a decade, the ways businesses manage and account for their money is inevitably included in that wave of operational change. The pandemic is setting the stage to change just about every aspect of running a business.

Economics 77

Economics Accounting Auditing Forecasting 77

CFO News Room

FEBRUARY 2, 2022

It counts China as its third-largest market after the U.S. The deal cost the two companies more than $2 billion combined, including rights fees, marketing and other commitments, according to people familiar with the matter. WSJ | Risk and Compliance Journal. Coca-Cola Co. has been an Olympics supporter for nearly a century.

Compliance 130

Compliance Auditing Marketing Numbers 130

Future CFO

MAY 31, 2023

With reporting regulations continuing to evolve, and market certainty remaining unpredictable in 2023, how should the CFO, finance leaders and, indeed the entire, finance department work to ensure the team is able to meet expectations? That said, technology is only one aspect of the reporting process.

Finance 98

Finance General Ledger Prioritization Auditing 98

PYMNTS

FEBRUARY 19, 2018

On top of that, the regulators are putting a heavier hand on tax compliance” and other daily minutiae of doing business. These are firms that have failed audits or are about to fail audits. Tipalti is focused on the middle market, he said. All of these changes make [these] processes so much harder.

Auditing 51

Auditing Accounts Payable Currencies Accounting 51

Future CFO

MAY 1, 2024

As they assist in compliance audits and the monitoring of internal controls to ensure that everyone within the company does their job correctly, they are also expected to thrive and flourish amid the challenges along the way for the benefit of the organisation. “As

Leadership 98

Leadership IFRS Finance Communication 98

Future CFO

NOVEMBER 10, 2021

Ransomware and the long-term effects of the pandemic on markets and organisations are the top issues for auditors in 2022, said Gartner recently. . The 2022 audit plan hot spots that Gartner identify are as follows. Ransomware. Data and Analytics Governance. Digital Business Transformation. • IT Governance. Third Parties. Supply Chain.

Auditing 75

Auditing Economics Communication Planning 75

Boston Startup CFO

APRIL 3, 2023

Additionally, you open yourself up to compliance and audit issues, and you’ll potentially decrease your chances of securing funding and financing. Adopting innovative solutions tailored to industry-specific accounting needs will streamline operations and enhance compliance and decision-making capabilities.

Accounting 52

Accounting Accounting Principles GAAP Startups 52

PYMNTS

APRIL 13, 2017

, a medium-sized provider of cable, internet and phone services, its call centers and customer interaction are at the core of what helps to set it apart within a crowded and competitive market. “We With the primary goals of finding a solution with ease of integration, compliance tracking and quality monitoring control, WOW!

Compliance 40

Compliance Securities Auditing Technology 40

The Charity CFO

MAY 10, 2022

So now is the perfect time to make sure you report in kind gift donations in compliance with GAAP standards in 2022. Typically, a CPA would prepare these statements as part of a yearly review or audit. Always talk to your CPA to ensure your organization is in full compliance with new regulations. Why is FASB making this change?

Accounting Standards 98

Accounting Standards Accounting GAAP Nonprofit 98

Future CFO

AUGUST 23, 2022

According to Knight Frank Research , the APAC data centres market saw growth of 24% in 2021 with an increase of 185MW of new capacity across the region in Q4 and 1.500GW for the year. Lim acknowledged that is in a hyper-growth mode, entering new markets. The ESG balancing act at STT GDC.

CFO 98

CFO Auditing Finance Treasury 98

Future CFO

FEBRUARY 11, 2024

Best practice for ESG leaders Just as many roads to the same destination, so too achieving ESG goals will be different for each organisation given the regulations and market conditions they operate. Just 32% of managers say the same Technology access is going to be key to unlocking value in ESG/Sustainability. million for organisations.

Net Present Value (NPV) 98

Net Present Value (NPV) CFO Compliance Economics 98

VCFO

NOVEMBER 1, 2023

Furthermore, the plan can be tailored to include a vesting option which serves to help retention of key employees in a tight labor market. There are usually conditions attached to any loan and it pays to ensure full compliance with debt covenants and the ability to meet deadlines for the furnishing of year-end financial reports (e.g.,

Finance 91

Finance Strategic Planning Auditing CFO 91

PYMNTS

NOVEMBER 25, 2019

Isaacson, a lawyer, Bowdoin College professor, senior partner at Brann & Isaacson and Data & Marketing Association tax counsel, argued Wayfair’s side in the precedent-setting Supreme Court case that has small businesses struggling. States have made efforts in prior years to streamline interstate sellers’ tax compliance.

Economics 52

Economics Sales Compliance Auditing 52

CFO News Room

FEBRUARY 3, 2022

That could force social-media platforms such as TikTok and other software applications connected to the internet to submit to third-party auditing, source-code examination and monitoring of the logs that show user data, according to the proposed rule. In a statement, the Chinese Embassy in Washington said the U.S. the embassy said.

Securities 130

Securities Auditing Technology Compliance 130