The Finance Weekly

NOVEMBER 3, 2021

Account reconciliation is the matching and validating of balances in the general ledger (GL) to internal and external sources or other independent calculations to accurately close month-ends and year-ends. For both internal and external sources, each balance has to match the corresponding account in the general ledger.

Reconciliations 52

Reconciliations General Ledger (GL) Accounting Finance 52

PYMNTS

JANUARY 22, 2019

Accounting, consultancy and technology firm Crowe is rolling out a new solution designed for hospitals to automate daily bank reconciliation processes and manage cash flow, the company said in a recent announcement. Hospitals can often struggle to manually reconcile cash flow coming from multiple sources.

Cash Management 73

Cash Management General Ledger Reconciliations Healthcare 73

https://trustedcfosolutions.com/feed/

APRIL 5, 2023

Uses one set of financials and multi-dimensional reporting with an integrated General Ledger and real-time views of current and historical data. Allows user-defined workflows to improve efficiency, compliance, and transparency, providing consistent audit trail visibility. Customize Your Chart of Accounts With Dimensions.

General Ledger 62

General Ledger Reconciliations Accounting Standards Auditing 62

Future CFO

SEPTEMBER 26, 2022

Finance has also invested heavily in technology to reduce time to close, with three technologies deployed by more than half of functions already: general ledger technology, a financial close solution, or workflow automation, Gartner said. 86% said they wanted a faster, real time close.

Finance 52

Finance General Ledger Reconciliations Auditing 52

PYMNTS

AUGUST 5, 2016

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.

Accounting 42

Accounting Reconciliations General Ledger Auditing 42

Spreadym

JULY 10, 2023

Here are the typical steps involved in the financial close process: Pre-Close Activities: This phase involves preliminary activities to prepare for the close process, such as reviewing account reconciliations, ensuring the completeness of transactions, and resolving any outstanding issues or discrepancies.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

The Charity CFO

APRIL 25, 2024

In this case study, we’ll explore real stories of nonprofits who have transformed their organizations by using technology to streamline their financial infrastructure. We know what a nonprofit goes through each day, and we utilize technology to simplify our clients’ accounting processes. Let’s take a deeper look.

Nonprofit 52

Nonprofit Accounting CFO Auditing 52