Future CFO

OCTOBER 25, 2023

With the rampant incidents of frauds and scams related to finance, machine learning can be leveraged to detect and prevent financial fraud, allowing a company or an organisation to respond in real-time. The post Leveraging machine learning to detect financial fraud appeared first on FutureCFO.

Leverage 52

Leverage Auditing Finance Financial Data 52

PYMNTS

DECEMBER 8, 2019

“Some risks are similar to those from financial firms more broadly, … [stemming] from leverage, maturity transformation and liquidity mismatches, as well as operational risks,” the report said. Last month , ongoing security concerns prompted the Federal Reserve to further scrutinize Big Tech firms that serve the banking industry.

Financial Data 52

Financial Data Concentration Auditing Leverage 52

Future CFO

AUGUST 21, 2023

As a profession we have made significant progress over the years leveraging technology to streamline how we manage historical data and more recently, leveraging analytics on predicting outcomes. Fraud and waste : Use Machine Learning (ML) to detect fraudulent patterns.

Finance 98

Finance Compliance Data Analysis Leverage 98

Future CFO

NOVEMBER 15, 2023

Ervina Waty : Here are some key changes that CFOs might need to put in place: Enhanced Data Governance and Quality Control CFOs should implement stronger data governance practices to ensure the accuracy, consistency, and integrity of financial data. This empowers them to leverage the full potential of the technology.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Compliance 52

Spreadym

AUGUST 10, 2023

What is financial reporting software? Financial reporting software refers to specialized tools or applications designed to help organizations generate, manage, and present their financial data in a clear and organized manner. Exporting and Sharing: The ability to export reports in various formats (PDF, Excel, etc.)

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards 52

The Charity CFO

APRIL 1, 2024

With the right tech in place, your organization can more accurately record and report your financial information and save your team a lot of time over paper accounting systems. QuickBooks provides an easy-to-use bookkeeping solution that puts all of your financial data in one place.

Nonprofit 52

Nonprofit Accounting CFO Accounts Payable 52

Future CFO

FEBRUARY 22, 2024

One major benefit is that EPM can act as a central hub, consolidating financial and non-financial data from diverse sources into a single source of truth. For CFOs, it means having all compliance-related data readily available, organised, and accessible at their fingertips.

Financial Planning and Analysis (FP&A) 97

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