article thumbnail

Crowe Launches Cash Management Solution For Hospitals

PYMNTS

Crowe is addressing this friction with the rollout of its Crowe Automated Reconciliation for Healthcare tool, providing hospitals a three-way match solution between their general ledgers, patient accounting systems and banking providers.

article thumbnail

Petty Cash The Right Way

CFO Simplified

Take those expenses and summarize them by the GL (general ledger) account that’s being used for those expenses. You’re going to do a journal entry that will debit the expense account and credit the petty cash for just the amount of money that you’ve spent for the accounts that you’re working with. .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Advice for Startups from your Financial Partner

BlueLight

myStartUpCFO I recently spoke with finance leaders from a couple dozen startups. These businesses ranged from seed stage companies where the CEO was the finance leader to growth stage companies with an in-house CFO. At myStartUpCFO, we help our clients with all their finance and accounting needs?—?from

article thumbnail

Six Key Factors for Building an Expert Professional Services Company

Bramasol

For example, at Bramasol we made a decision over a decade ago to focus on SAP finance solutions for the office of the CFO, with a specific emphasis on the new revenue recognition compliance requirements in ASC 606 and IFRS 15. For more on alternative approaches, read the next section.)

SAP 79
article thumbnail

ERP and EPM Systems – Better Together

Planful

Accounts receivable and collections management. Fixed asset management. Treasury and cash management. General ledger accounting. Most ERP systems are built and deployed using a relational database management system (RDBMS), which is optimized for high-volume transaction processing.

article thumbnail

The Expense Analytics Challenge Of Complex Invoices

PYMNTS

Synchronoss also offers GL (general ledger) coding to each expense on an invoice, while providing supply chain and finance teams with visualized reports to not only analyze past expenses, but aggregate historical data for accurate, actionable forecasting.

article thumbnail

10 Best FP&A Software Tools: A Comprehensive Buyer’s Guide [2023]

Onplan

Finance professionals and teams today have numerous solutions available to help them plan, budget, forecast, and analyze financial information. Because OnPlan was designed by financial professionals, it has given the company unique insight into the data modeling requirements of a modern finance department. Batch change capabilities.