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Capitalising on the Fintech apps in APAC

Future CFO

Supriya Deka: The general features of financial applications include accounting, reporting & analytics, bank reconciliation, billing & invoicing, asset management, budgeting & forecasting, financial risk management, expense tracking, and payroll management.

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Preparing Your Finance Organization for the New Era of AI

CFO Leadership

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. The post Preparing Your Finance Organization for the New Era of AI first appeared on CFO Leadership.

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What Payroll Innovation Says About Accountants’ Shifting Role

PYMNTS

. “‘They’re just there for bookkeeping, bank reconciliation and payroll — what do I need you for when I can just do that myself?’ A virtual CFO.” ’ A lot of accountants have lost the vision of what an accountant should be, which is an advisor. A business growth manager. A finance director.

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10 Tips CFOs Can Use to Put AI in Finance to Work Today

Planful

As technology crunches the growing volumes of data, soft skills like critical thinking, problem-solving, and communication will become crucial for Finance to succeed. #1 Without AI, employees are burdened with hours of monotonous tasks like reporting and data reconciliation. 1 – Move your data to the cloud.

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C-Suite execs believe intelligent automation helps augment finance’s capabilities

Future CFO

Implementing intelligent automation does not mean removing the human component of the work processes in the finance function, said Dr Hanny Kusnadi, Senior Lecturer at the Department of Accounting at NUS Business School, who was involved in data analysis for the report. “On

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Guide to Avoiding a Year-End Financial Close Meltdown

Planful

To discuss the topic of financial reporting tips that will help create a smoother year-end close, Planful, in cooperation with CFO.com, invited thought leaders from The Hackett Group to participate in a webinar titled, The CFO Playbook on Financial Reporting: Tips for a Smoother Year-End Close. Master Data Management (MDM) solutions.

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How Excel Spreadsheets Can Create a Data Security Risk for Businesses

Centage

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. Without separation of duties or an audit that can track who has had access to the data, fraud can occur.