CFO Leadership

OCTOBER 10, 2023

Many have since advanced to intelligent process automation (IPA) — RPA amplified with artificial intelligence (AI) — to streamline and improve more complex work, from tax and compliance reporting to financial statement reconciliation.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

Future CFO

SEPTEMBER 17, 2020

In securities, financial institutions will benefit from improved reconciliation, reporting and asset servicing processes as well as end-to-end visibility of transactions to reduce settlement fails and fines, SWIFT added.

Benchmarking 40

Benchmarking Reconciliations Leverage Securities 40

Planful

DECEMBER 28, 2016

The Hackett Group benchmark research shows that world-class companies will consolidate and close the month-end books within 3 days, and report within 2 days. Financial close process workflow, account reconciliations, and disclosure management software. This includes looking at industry benchmarks and implementing best practices.

Benchmarking 40

Benchmarking Reconciliations Data Analysis Technology 40

PYMNTS

NOVEMBER 7, 2019

Aggregating industry-wide customer information can also support businesses’ ability to benchmark their performance against their peers, said Danna. CRM technology enables a salon or spa to analyze customer behavior, like product and service preferences.

Analyzing Data 41

Analyzing Data Benchmarking Reconciliations Technology 41

E78 Partners

MAY 8, 2024

Validation and Reconciliation: Once categorized, the telecom expenses are validated against predefined benchmarks or budget allocations. Reconciliation may involve cross-checking billing details with service contracts and usage records. Discrepancies or outliers are investigated to ensure accuracy and integrity of the data.

Leverage 52

Leverage Compliance Auditing Invoicing 52

PYMNTS

FEBRUARY 13, 2018

“Payments are central to what we do, but just as importantly, we’ve got to deliver the full end-to-end breadth of payments data and reconciliation.” “You have all of this data and, now all of a sudden, we can do benchmarking, we can do analytics, but where else should we go?

B2B 44

B2B Benchmarking Reconciliations Corporate Finance 44

Planful

AUGUST 1, 2017

According to a 2014 study by APQC benchmarking the financial close process, the bottom performers took 12 days or more to close and report their results to management. Intercompany reconciliations. The financial close and reporting process crosses multiple systems, departments, and locations. Multi-GAAP reporting (i.e.,

GAAP 40

GAAP Value-Added Analysis IFRS Auditing 40

CFO Simplified

DECEMBER 26, 2021

The purpose of this checklist is to create structure around when to grow, what roles are essential at what business sizes, and how to benchmark your accounting department against industry standards. Smaller companies, on the other hand, might have individuals in positions that encompass areas outside their traditional parameters.

Finance 52

Finance General Ledger CFO Auditing 52

Planful

OCTOBER 5, 2021

Manual processes have too long been the norm for managing the month-end close, whether it’s for entering and consolidating data, creating reports, or performing reconciliation. Reducing the length of the month-end close in any meaningful way depends on automation.

Financial Planning and Analysis (FP&A) 40

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

Global Finance

JULY 24, 2024

Now, trade settlement and cash exchange are settled without manual intervention and include automated reconciliation, reducing operational risk. This includes greater automation, as DBS implemented an enhanced cash-funding module to create more-efficient workstreams in more than 40 markets.

Banking 52

Banking Foreign Exchange Risk Management Leverage 52

Global Finance

JULY 24, 2024

Now, trade settlement and cash exchange are settled without manual intervention and include automated reconciliation, reducing operational risk. This includes greater automation, as DBS implemented an enhanced cash-funding module to create more-efficient workstreams in more than 40 markets.

Banking 52

Banking Foreign Exchange Risk Management Leverage 52

Barry Ritholtz

JULY 29, 2024

So 00:09:10 [Speaker Changed] I know Orion for many years because from the RIA perspective, from a registered investment advisor perspective, clients want to know how their portfolios are doing, what their performance is, both in absolute terms and relative to benchmarks. And something that Orion’s a big part of. Not too bad then.

Investments 59

Investments Communication Benchmarking Technology 59

Barry Ritholtz

OCTOBER 3, 2023

So, you know, we, we, we got involved and created a benchmark, a commodity indices at the time. There’s ways around that during reconciliation for budget bills and things like that. Well, the team at Goldman Sachs had figured out if you bought like one gold future contract for the year, you would’ve made 30%.

Marketing 112

Marketing Banking Treasury Profit and Loss 112