Remove Auditing Remove Financial Data Remove General Ledger Remove Technology
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The best software for financial close and overview of the process

Spreadym

Subsidiary Ledgers and Reconciliations: Subsidiary ledgers, such as accounts receivable and accounts payable, are reconciled to the general ledger to ensure consistency and accuracy. Financial Statement Preparation: Once all necessary adjustments have been made, the financial statements are prepared.

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Why Businesses Are Choosing Other Options Over Excel Spreadsheets for Financial Forecasting

Centage

Limited Visibility To conduct financial data analysis, your business needs to test various hypothetical scenarios. Fraud can be challenging to prevent if there is a lack of an audit trail with Excel. A single miscalculation could lead to significant monetary loss.

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Accounting Technology’s Impact Felt Far Beyond The Enterprise

PYMNTS

The market is on the cusp of a groundswell of adoption of these technologies, says Therese Tucker, CEO of accounting solutions firm BlackLine , after a long lull among mid-market firms. “Across the board, in the past, accounting has been very underserved by technologies because they’re the last to get budget,” she explained.

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Why Businesses Are Choosing Other Options Over Excel Spreadsheets for Financial Forecasting

Centage

To conduct financial data analysis, your business needs to test various hypothetical scenarios. Fraud can be challenging to prevent if there is a lack of an audit trail with Excel. Regularly modify and monitor your financial plan. Automatically exchange data for financial forecasts. Limited Visibility.

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Closing The Books Is Now A Lesson In Corporate FinTech Innovation

PYMNTS

Corporate accounting software is now a continually evolving space, but progress doesn’t occur in a vacuum: External forces and trends, from changing regulations to increased adoption of FinTech by the enterprise, force businesses to adjust how they record and report financial data.