Remove Auditing Remove Finance Remove Invoicing Remove Reconciliations
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Rethinking Reconciliation Amid Deeper Corporate Finance Disruption

PYMNTS

The reconciliation process is traditionally viewed in the context of financial transactions: Does the value of a company payment match with what the company was billed, and what the company had purchased? Yet the reality is that the reconciliation process is rarely ever straightforward. Beyond Data Matching.

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Your Ultimate Finance Department Checklist

CFO Simplified

Your Ultimate Finance Department Checklist (By Business Size). It’s easy to grow without noticing that your finance and accounting department is stretched far too thin. Here’s a guide to set your accounting and finance department up for success as your business grows. Accounting and Finance Department Review and Checklist.

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Nonprofit Accounting Cleanup: How to Deal with a Mess

The Charity CFO

Red Flag #1: Bank Account Reconciliation Whether the business is accrual or cash basis, it does not matter. Reconciliation is necessary and the bare minimum for successful completion of the accounting role. Once these have been transferred into the accounting system, QuickBooks for example, reconciliation is the next step.

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Finance needs a realistic expectation of AI

Future CFO

While organizations are implementing the technology, finance functions need to know what AI can and can’t do for them to effectively allocate resources and manage their expectations before deployment. To make these tools more accurate in document recognition and data extraction, finance functions need to train them with many sample documents.

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AP Automation Transforming Gig Work Payments

PYMNTS

In addition to platforms connecting gig workers with companies looking for them, “Companies must also make sure they can quickly pay their freelancers, which involves reconciling the amounts requested with the services provided and listed on invoices,” the Tracker states. Manual Reconciliation, Begone. Close As Many Loops As Possible’.

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From Controller to CFO: What Changes?

CFO Talks

Both the CFO and Controller deal with the company’s finances, but they focus on different things. Example: When it’s time for an audit, the Controller is hands-on, working directly with the auditors, showing them the books, and explaining the details. What’s Different? Trying to do both jobs.

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Unlocking the Power of Financial Automation for Digital Marketing Agencies

Adam Kae

Today, we delve into the captivating realm of financial automation and explore how it can revolutionize the way we manage our agency's finances. Supercharge Your Invoicing Process As a digital marketing agency, invoicing can be a tedious and time-consuming task. Greetings, digital marketing agency owners! We meet virtually.