CFO Leadership

OCTOBER 10, 2023

They’re not very good at mathematics or dealing with numbers in general. Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns. AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis.

Finance 95

Finance Accounting Auditing IFRS 95

PYMNTS

OCTOBER 26, 2016

While it’s not uncommon for these Internet of Things (IoT) devices to be accessed by attackers looking for a stealthy way in, it’s also not uncommon for merchants to overlook these as a point of security vulnerability. to provide additional layers of security. Going Beyond PCI.

Securities 81

Securities Auditing Compliance Retail 81

PYMNTS

SEPTEMBER 20, 2016

In the latest installment of Flywire ’s podcast series on Global Citizens and the top characteristics of x-border payment processors , we take a look at the compliance, rules and regulation side of getting high-ticket international payments from Point A to Point B.

Compliance 71

Compliance Education Auditing Securities 71

PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. Compliance Complexities. Orchestrating A Solution.

Compliance 82

Compliance Securities Auditing Retail 82

CFO Leadership

OCTOBER 18, 2023

They’re not very good at mathematics or dealing with numbers in general. Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns. AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis.

Finance 52

Finance Accounting Auditing IFRS 52

CFO News Room

DECEMBER 16, 2022

Job security is always a concern when choosing a career, but some fields are more recession-proof than others. Bureau of Labor Statistics, employment numbers for Financial Managers are expected to rise by 17% over the next decade , faster than the average for all occupations. Chief Compliance Officer. According to the U.S.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

Jedox Finance

DECEMBER 4, 2022

release: Enhanced security and audit capabilities so organizations can minimize operational risk and maintain elevated compliance and governance standards. Streamlined security for connections to business systems and data sources: SSO/SAML for Excel connections to adhere to strict Infosec requirements. With the 2022.4

Auditing 52

Auditing Communication Compliance Securities 52

Future CFO

OCTOBER 1, 2023

CIO, chief data officer, chief information security officer) to distinguish hype from reality and share results with other executive leadership team members. However, the extensive number of parameters and connections used to create these outputs prevent any transparent reconciliation of the algorithm’s response.

Leadership 52

Leadership Reconciliations Auditing Compliance 52

Future CFO

DECEMBER 31, 2019

As organisations continue to collect customer and employee data, chief audit executives (CAEs) are increasingly concerned about how to govern and protect it, noted Gartner. Continuous monitoring and right-to-audit contract provisions can help ensure that third parties adhere to an organisation’s protocols around data use and behaviour.

Auditing 52

Auditing Risk Management Budgeting Compliance 52

PYMNTS

APRIL 24, 2017

McGurk agreed, noting why the first lesson of information security — the first consideration before one gets to technology or process — is humility. You can’t get overconfident in information security,” he said. We have third parties and internal audits that are performed against various security processes each year.

Securities 46

Securities Compliance Concentration Auditing 46

PYMNTS

OCTOBER 30, 2020

Slow compliance checks and sluggish processing times are commonplace, especially on the legacy systems still used by many banks around the world. Automating Compliance. Cash payments are quickly falling to the wayside, with only 26 percent of all U.S. consumer purchases made with cash.

Compliance 91

Compliance Entertainment Auditing Banking 91

PYMNTS

JULY 8, 2019

The company has now chosen Sovos to help it meet the upcoming changes in the compliance sector. Sovos’ unique global solution for e-invoicing compliance and its blend of deep legal and technical expertise made it the best-fit partner for Onyx,” Mark Dubrow, Onyx chief executive officer, said in a press release.

Compliance 46

Compliance Invoicing Auditing B2B 46

Future CFO

JUNE 26, 2023

The increased number of sophisticated attacks in the region gives real cause for concern, as seen in the case of the popular 3CX phone service application which was turned into a trojan as part of a supply attack, said Vivek Gullapalli, Chief Information Security Officer, APAC, Check Point Software Technologies.

Leadership 52

Leadership Manufacturing Education Securities 52

The Charity CFO

APRIL 25, 2024

Categorizing transactions, reporting income, and meeting compliance requirements can be overwhelming. Compliance First and foremost, a good accounting system is going to make it easy to stay compliant. For nonprofit organizations, accounting comes with a lot of complexity. What is the actual goal in a nonprofit accounting setup?

Nonprofit 52

Nonprofit Accounting CFO Auditing 52

PYMNTS

DECEMBER 7, 2020

Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners secures new funding, and ImagineTime partners on FinTech for accountants. Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending.

B2B 63

B2B Finance Practice Management Invoicing 63

Future CFO

OCTOBER 12, 2021

61% of respondents say they will likely be taking steps to modify their organisation’s approach to transfer pricing as well as their operations, compliance and documentation within the next two years. More rigorous audits There is also a view shared among survey respondents that more frequent and rigorous audits will become the norm. .

Auditing 40

Auditing Restructuring Compliance Numbers 40

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) 52

Financial Planning and Analysis (FP&A) Finance Invoicing Budgeting 52

The Charity CFO

OCTOBER 4, 2022

You can see that, depending on the size and structure of your organization, the ops manager will have to oversee a large number of departments. And the networks and systems that keep those people aligned take organization, security, and maintenance. Ensure Compliance and Organization. Program directors. Human Resources.

Nonprofit 98

Nonprofit Budgeting Compliance CFO 98

PYMNTS

NOVEMBER 29, 2018

Considering the entertainment market’s complexities, including the number of players involved and the challenges of moving money between them all, there seems to be no shortage of financial friction points for FinTech firms to address. Being able to solve them with cryptocurrency is no guarantee.

Auditing 54

Auditing Entertainment B2B Finance 54

PYMNTS

OCTOBER 9, 2019

9) from the Business Standard , and through Money Control , that there are compliance issues tied to data processing regulations that may keep the payment service from launching by the end of this year, as has been anticipated. In India, a delay for WhatsApp Pay? Reports came Wednesday (Oct.

Compliance 55

Compliance Auditing Securities Numbers 55

PYMNTS

JULY 15, 2019

Thwarting fraud and making usage as secure as possible are key concerns for Canadian trading platform Bitbuy. The company has focused tightly on security as it helps its user base purchase, sell and trade cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Litecoin and XRP.

Auditing 77

Auditing Securities Compliance Accounting 77

PYMNTS

JANUARY 29, 2020

A significant number of firms — notably small- to medium-sized businesses (SMBs) — still use such systems, as 25 percent of smaller firms stated in 2018 that their payroll involved pen-and-paper methods. These outdated processes are frustrating and could also lead to costly mistakes. SMBs And Manual Tax Frustrations.

Healthcare 56

Healthcare Compliance Auditing B2B 56

Future CFO

FEBRUARY 19, 2020

Despite the overall growth in cyberattacks, only one-third of organisations say the cybersecurity function is involved at the planning stage of a new business initiative, according to the EY Global Information Security Survey (GISS).

Auditing 40

Auditing Budgeting Compliance Securities 40

CFO Simplified

DECEMBER 12, 2021

In publicly traded companies, the CFO is also responsible for the company’s compliance with Securities and Exchange Commission (SEC) rules and regulations. You can’t improve a company by moving numbers around on the income statement or balance sheet. Preparation for annual audits. Everyone already knows that. The Upshot.

Accounting 52

Accounting Finance Cash Flow Forecasting CFO 52

Michigan CFO

SEPTEMBER 29, 2021

For businesses that must adhere to specific data security compliance standards, going digital can help simplify the process with the help of a CFO to ensure accuracy. These systems include benefis for: Improving Controls: Deploy systems that improve financial oversight, audit tracking, and mitigate financial errors. Learn More.

Manufacturing 52

Manufacturing CFO Compliance Forecasting 52

PYMNTS

AUGUST 14, 2018

No, not just in homeownership, but in business, too – and especially when it comes to upstart FinTech firms grappling with an ever-onerous compliance landscape. In the world of transaction monitoring for compliance, the spreadsheet becomes the all in all: a ledger, analytics, tracking, case management and auditing tool.

Compliance 40

Compliance Auditing Risk Analysis Prioritization 40

Future CFO

JANUARY 22, 2020

In addition, more than 50% reduced the number of banks they work with to avoid lengthy KYC processes, negatively impacting banking relationships, survey results indicate. This means that compliance teams are being pushed to ensure their businesses remain competitive, as well as staying compliant.

Compliance 52

Compliance Treasury Banking Securities 52

PYMNTS

JULY 6, 2018

Reports in the Australian Financial Review said the Australian Securities and Investments Commission (ASIC) has reviewed 2017 statements of 90 corporates in the country to assess their compliance to new accounting rules that came into effect on Jan. In its assessment, the ASIC also concluded that some audit reports were too vague.

Accounting 41

Accounting Auditing Accounting Standards Compliance 41

PYMNTS

MAY 2, 2016

UA: As chief risk officer, my role is to implement a risk and controls framework that is relevant to TNS, takes into account our operational challenges and culture and delivers practical solutions to help meet applicable compliance requirements. PYMNTS: What do you wish you had more time to do?

Risk Management 41

Risk Management Compliance Auditing Communication 41

PYMNTS

MAY 15, 2018

The Pros and Cons of Standard Security Choices. For instance, knowledge-based authentication is well-understood by users – but the answers to security questions can be socially engineered without too much trouble just by visiting victims’ social profiles. Plus, data breaches have left a lot of those security responses exposed.

Auditing 51

Auditing Compliance Securities eCommerce 51

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. Promoting a Culture of Sustainability: Beyond the numbers, CFOs can advocate for a corporate culture that values sustainability and social responsibility.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

PYMNTS

FEBRUARY 6, 2019

“There’s the old-school stereotypical idea of the accountant — which I’ve never agreed with — where they’re in the back office, head down, crunching numbers,” Basil said. Basil said that can occur in a number of ways, but one of the largest trends he sees today is the need for regulation-savvy experts.

Corporate Finance 74

Corporate Finance Accounting Finance Accounts Payable 74

PYMNTS

SEPTEMBER 28, 2020

Buyers must acquire documents , such as W-8 or W-9 tax forms and information like taxpayer identification numbers (TINs) from vendors, then validate their details to meet tax obligations. Corporate buyers that fail to adhere to these regulatory requirements could face audits, fines and tax withholdings.

Accounts Payable 66

Accounts Payable B2B Invoicing Auditing 66

CFO Leadership

MARCH 31, 2022

Global operations make it more challenging for small treasury teams in mid-market companies to handle day-to-day operations efficiently and securely. In the past few years, the number of global mergers and acquisitions has reached an all-time high. Improve security and compliance, while preventing fraud, and cyber risk.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

PYMNTS

JANUARY 9, 2019

Separate reports from The Wall Street Journal ( WSJ ), published last April, also demonstrated the changing nature of corporate finance: While the Big Four accounting firms’ advisory and consulting revenue jumped by a combined 44 percent since 2012, revenue from straightforward auditing for the firms rose just 3 percent in that time.

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71

PYMNTS

JULY 5, 2017

“Although security is one of the biggest concerns for organizations that consider the move to the cloud, I believe that the cloud can be secured better than on-premise solutions.” These facts can be audited back to the source. But data can quickly turn into a burden.

Financial Data 52

Financial Data Auditing Financial Reporting CFO 52

PYMNTS

JUNE 23, 2016

Then, there are events like the Target breach, a security lapse rooted at one of the retailer’s suppliers, that resulted in millions of dollars in costs to the company. Earlier this month, FICO revealed plans to roll out a new kind of score: the Enterprise Security Score.

Vendor Management 40

Vendor Management Auditing Securities Banking 40