CFO Talks

MARCH 20, 2024

Key Differences in Everyday Tasks: Reporting: The Controller prepares financial reports; the CFO reviews these reports and uses them to make decisions or plan strategies. Financial Reporting and Management: The Controller is entrusted with maintaining the chart of accounts and overseeing outsourced functions.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

PYMNTS

NOVEMBER 20, 2018

Banking technology provider Cashplus is introducing a new application program interface (API) designed to allow small and medium-sized businesses (SMBs) to make mass payments to their vendors simultaneously. The tool will also support real-time access to data to enhance financial reporting and cash flow management.

Reconciliations 43

Reconciliations Currencies Accounting Banking 43

Spreadym

JUNE 19, 2023

Spreadym can connect to other business systems via REST API, so that a company can merge information from accounting software, banks, sales systems and resource platforms into one database. It is suitable for small to medium-sized businesses and provides integration with bank accounts and other financial tools.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Accounts Payable 52

Spreadym

AUGUST 10, 2023

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have. What is financial reporting software?

Financial Reporting 52

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

Finvisage

DECEMBER 31, 2019

Accountancy firm PwC is reported to have been hired by the company to look at its accounts, which are audited by Grant Thornton. The accountancy watchdog, the Financial Reporting Council, said: “We are looking into this matter carefully and will give full consideration to further action as more facts become available.”

Reconciliations 52

Reconciliations Financial Analysis Accounting Construction 52

Planful

JANUARY 11, 2022

Without AI, employees are burdened with hours of monotonous tasks like reporting and data reconciliation. This was great for business but led to increasingly long financial reconciliation times. Luckily, Specialized had implemented Planful for worldwide financial reporting and workforce planning four years earlier.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40

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

CFO Simplified

JANUARY 5, 2024

Cash Handling and Banking Procedures: Nearly all banks have some level of electronic protection available to their business clients. Procedures like positive pay, notification of automatic banking transactions, verification of outgoing wires and payments. This isn’t a time to be overly sensitive to bank charges.

Auditing 52

Auditing Reconciliations Compliance Securities 52

The Finance Weekly

APRIL 13, 2024

The finance industry employs a multitude of software solutions to facilitate budget creation, and financial reporting, and to assist financial analysts and investors with financial planning and forecasting. However, with the abundance of finance software available today, selecting the right one can feel overwhelming.

Financial Planning and Analysis (FP&A) 52

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

Centage

SEPTEMBER 6, 2022

As organizations expand, they will need to rely on more complex reporting functions. Unfortunately, Excel has very defined limits that can make it challenging for businesses to publish their financial reports more quickly and efficiently. Still, many depend on this program for these critical tasks.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

The Charity CFO

JANUARY 19, 2023

There are ongoing efforts to establish International Financial Reporting Standards (IFRS) for nonprofits, which, if successful, could result in greater consistency and comparability of financial information across countries. Do You Struggle to Make Sense of Your Financial Statements? Get the free guide!

Accounting Standards 52

Accounting Standards Nonprofit Accounting GAAP 52

Centage

SEPTEMBER 6, 2022

As organizations expand, they will need to rely on more complex reporting functions. Unfortunately, Excel has very defined limits that can make it challenging for businesses to publish their financial reports more quickly and efficiently. Faster publishing for financial reports and dashboards. Sensitivity analysis.

Securities 52

Securities Cash Flow Forecasting Budgeting Forecasting 52

CFO Simplified

APRIL 8, 2022

Bank reconciliations should be reviewed by management. In addition, each payment that clears the bank should be verified. The cash receipts journal should match bank deposits. Financial Reporting. He proudly gave me a monthly report, to show how much information he was getting. Cash Management.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Reconciliations Forecasting 52

The Charity CFO

MARCH 2, 2022

I don’t know if my financial reports are inaccurate. You’ve seen a lot of financial reports. Are we nervous that we won’t have enough money in the bank? Uh, and the first thing I do is I look at the bank accounts, right? The bank account is actually been entered into the accounting system.

Nonprofit 98

Nonprofit Auditing Reconciliations Accounting 98

Spreadym

OCTOBER 20, 2023

A multi-currency account reporting refers to the financial reporting and tracking of transactions in multiple currencies within a single account or financial system. Clearly define your objectives to tailor your reporting process accordingly. Is it for international business, travel, or investment?

Currencies 52

Currencies Accounting Risk Management Compliance 52

The Charity CFO

APRIL 25, 2024

Brandi went through a similar transformation at Connections, to the point where their nonprofit board is thrilled with the quality of information contained in the monthly financial reports. Now, having monthly financial reports has been very helpful, and we’re able to drill down on the individual grant budgets and spending. “Now,

Nonprofit 52

Nonprofit Accounting CFO Auditing 52

CFO News Room

NOVEMBER 2, 2022

State-registered advisers can generally replace “$1,200” in the exceptions above with “$500”, as the balance sheet and financial disclosure obligation dollar threshold is lower for state-registered advisers (with at least the exception of Nebraska, which follows the $1,200 threshold instead).

Compliance 130

Compliance GAAP Investments Advertising 130