Bramasol

MARCH 31, 2023

But based on conversations with many companies, it became clear that the shear speed of change is accelerating even faster than previously predicted. Going forward in the cloud, solutions such as Contract Based RevRec (CBRR) and Event Based RevRec (EBRR) will offer excellent integration opportunities.

SAP 86

SAP Compliance Invoicing B2C 86

Bramasol

MAY 31, 2023

SAP Cloud ALM orchestrates the transition to track individual project tasks and monitor the process execution while in operations. along with ERP, finance, and revenue recognition functions within the overall SAP ecosystem. Below are four key trends that stood out as important areas to watch going forward.

SAP 78

SAP Compliance Transportation Leverage 78

Bramasol

SEPTEMBER 12, 2022

Some of the key improvements with OCM include: Day-based contract modifications. Freeze periods on time-based POBs. Trigger time-based revenue recognition at customer invoice: Provides option to start the time-based revenue recognition of a POB when the customer invoice related to the POB is issued.

SAP 85

SAP IFRS Compliance Invoicing 85

PYMNTS

OCTOBER 5, 2020

We’ve seen the acceleration [away from manual, paper-based back-office functions] due to employees working from home” and issues tied to security and battling potential fraud, Joiner said. We’re seeing increased costs to have security around the printing of checks, and what I’ll call ‘the old ways,’” said Joiner.

Healthcare 130

Healthcare B2B Reconciliations Accounts Payable 130

PYMNTS

FEBRUARY 25, 2020

Businesses want fast, convenient and cost-effective financial management systems, so many opt for cloud-based solutions rather than those that exist on-premises. According to research, approximately half of businesses will use cloud-based financial management systems by 2022. Working Toward “Touchless” Processes.

Accounts Payable 61

Accounts Payable Invoicing Education Finance 61

Centage

MARCH 2, 2022

To achieve this, you need a cloud-based financial reporting software that can support frequent forecasting, scenario planning, and reporting. For example, in October 2014, the number of outstanding shares of Tibco Software was misstated because of one small spreadsheet error. Financial Reporting & Analytics Made Easy.

Financial Reporting 98

Financial Reporting Budgeting Forecasting Data Analysis 98

CFO Leadership

APRIL 2, 2024

For example, are there data residency requirements, either by regulation or company policy, that dictate certain data stay in-country? As the world’s first cloud company, NetSuite provides a full, cloud-based ERP suite, including financials, inventory management, HR, professional services automation and omnichannel commerce modules.

Accounting 52

Accounting Compliance Accounts Payable Budgeting 52

Bramasol

APRIL 11, 2022

Our leadership on helping companies transition to subscription based offerings in the Digital Solutions Economy (DSE) also has provided deep insights into how supply chains need to adaptively integrate and scale to serve these dynamic, high-volume business models. For example, the Ariba Network brings together over 6.7

SAP 83

SAP CFO Leadership Transportation 83

Centage

DECEMBER 15, 2022

Often, CFOs and executive teams put together a plan that represents a snapshot of what they believe will happen, based on the best data they have available at the time. Such tools act as a data warehouse, pulling in data from various systems, including CRM, payroll, ERP, GL and so on.

Financial Reporting 98

Financial Reporting Financial Planning and Analysis (FP&A) Forecasting Profit and Loss 98

PYMNTS

JANUARY 8, 2021

Organizations large and small were forced to migrate to online and cloud-based solutions to keep operations moving, often with significant friction. Ensuring that the ERP, project accounting and any other platforms like employee expense management can all communicate with each other is vital to a successful deployment of new tools.

CFO 87

CFO B2B Communication Accounting 87

PYMNTS

JUNE 10, 2020

In financial functions, adoption of procure-to-pay, expense management, accounts payable (AP), accounts receivable (AR) and other apps is on the rise — particularly as today’s corporates are forced to accelerate their cloud migrations to support remote working environments. A Connectivity Challenge. A Mindset Shift.

Accounts Payable 52

Accounts Payable Accounting Invoicing Leverage 52

CFO Leadership

APRIL 4, 2023

In short, you ask ChatGPT to answer a question or write something for you, and it does its best to respond based on extensive training with data pulled from across the internet. It’ll answer your question, but it will base that answer on data older than you’d like to consider. This is very apparent with version 3.5,

Leadership 98

Leadership CFO Benchmarking Communication 98

PYMNTS

JANUARY 20, 2021

In " A Look Forward: What Executives Wish for America and the World in 2021, " Frere shares three examples of how embedded B2B finance is already being utilized successfully in today's economy. Ridesharing is an example we all know well. Virtually all cloud-based subscription services use some form of embedded finance.

B2C 70

B2C B2B Currencies Invoicing 70

Future CFO

FEBRUARY 16, 2023

How are APAC business leaders adapting to the tighter labour market by turning to more skills-based hiring, along with tapping into remote work? For finance professionals, we have observed a progressive pivot towards skills-based hiring.

CFO 52

CFO Finance Economics Leverage 52

PYMNTS

JULY 9, 2020

Accounts payable (AP) management and enterprise resource planning (ERP) software can alleviate transactions fictions for small traders, he said, but the offerings must be able to tackle the industry’s specific needs. Salix Fruits smooths its payment processes with an ERP system designed for its specific inventorying needs, he said.

Accounts Payable 57

Accounts Payable Accounting Marketing Sales 57

Future CFO

MARCH 16, 2021

According to Kyriba Pulse Survey led in 2020, for 93% of CIOs and IT vice presidents, bank connectivity is one of the more complex aspects of an enterprise resource planning (ERP) project. However, having a cloud-based treasury management solution is never enough.

Finance 52

Finance Cash Flow Forecasting Treasury Forecasting 52

The Finance Weekly

AUGUST 30, 2022

It provides both on-premise and cloud solutions to support modeling, profitability analysis, dashboards, and performance reporting. The Ontario based company , started out as a software distributor in 1987, and after years of implementing financial implications, the founders recognized the need for an innovative planning system.

Financial Planning and Analysis (FP&A) 95

Financial Planning and Analysis (FP&A) Budgeting Analyzing Data Startups 95

PYMNTS

JANUARY 25, 2019

With more on-premise and cloud-based solutions operating in the back office, enabling all these systems to communicate and share data with each other is not a given. Thielens offered the example of transportation and logistics providers missing out on a bidding opportunity when loads are tendered automatically.

Corporate Finance 69

Corporate Finance Finance Accounts Payable Communication 69

Jedox Finance

JANUARY 13, 2023

For example, a leading footwear retailer in Australia and New Zealand was able to complete 80% of its budget model within one month and speed up its entire budgeting process by almost 100%. Advanced analytics.

Planning 52

Planning Prioritization Forecasting Budgeting 52

Strategic Treasurer

JANUARY 3, 2022

And then what sort of technologies they want to run on top of those solutions, things like you know, pattern recognition, machine learning, AI based detection capabilities, and things like that as well. S/4 HANA and Oracle Cloud are probably two of the most common ones. They already existed on more of a regional basis.

Treasury 52

Treasury Cash Flow Forecasting Forecasting Banking 52

Jedox Finance

JULY 23, 2019

AI-based machine learning and predictive analytics will start to give us more powerful crystal balls. There is little argument that some of the leaders in cloud accounting tools are Xero and Intuits QuickBooks Online. Something the larger enterprise resource planning (ERP) systems can learn from with decentralized app development.

Technology 52

Technology Financial Modeling Forecasting Planning 52

PYMNTS

DECEMBER 12, 2016

The need to connect into these points of data across global supply chains also correlates with increased demand for cloud-based solutions in ERP, business planning, supply chain management and other technological solutions. “Most of the data that is out there; there is a cost to actually getting it and processing it.”.

Transportation 82

Transportation SAP Forecasting Compliance 82

PYMNTS

AUGUST 15, 2018

Today, their technologies must communicate with existing infrastructures as systems migrate to the cloud, address the points of friction before and after payment, and support the needs of not only the corporate payer, but of the payee, too. Significant investments have been made by organizations in their ERP systems and critical applications.

B2B 40

B2B Accounts Payable B2C Reconciliations 40

https://trustedcfosolutions.com/feed/

JANUARY 19, 2021

As companies grew and economic activity became mostly project-based, business leaders needed additional classes. You can also populate a dimension value in a transaction based on the value of another dimension. View an example here showing the relationships for three UDD’s. General Ledger’s History.

General Ledger 67

General Ledger Accounting CFO Budgeting 67

Planful

AUGUST 17, 2017

The next step is to adopt a packaged EPM software solution that can work with the organization’s accounting/ERP system and provide specific support for the EPM processes. For organizations selecting EPM software for the first time, industry experts are now recommending cloud-based EPM software as the preferred approach.

Budgeting 40

Budgeting Forecasting Currencies Leverage 40

Planful

AUGUST 30, 2016

The key areas of focus included the mission of Finance, key Finance and enterprise performance management (EPM) initiatives, and attitudes toward cloud-based EPM solutions. For example, when asked, “What are the most important roles that Finance should play as business partner?” 25% – Zero Based Budgeting.

Finance 40

Finance Budgeting Forecasting Planning 40

Planful

NOVEMBER 10, 2016

As organizations move from spreadsheets and legacy EPM applications to cloud-based EPM platforms, robust data integration capabilities are essential to ensuring smooth-running EPM processes, accelerating planning and reporting, and providing actionable insights to managers across the enterprise. Employees, jobs, and positions.

General Ledger 40

General Ledger Budgeting Forecasting Financial Data 40

The Finance Weekly

AUGUST 30, 2022

It provides both on-premise and cloud solutions to support modeling, profitability analysis, dashboards, and performance reporting. The Ontario based company , started out as a software distributor in 1987, and after years of implementing financial implications, the founders recognized the need for an innovative planning system.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Startups Budgeting Analyzing Data 52

BlueLight

JULY 30, 2020

If the book keeping is incorrect, then the CFO is running financial analyses based on incorrect information. NetSuite role-based permission can be very granular and includes audit trails illustrating who made field level changes including before and after data element changes. Application Access? —?NetSuite Security and Audit ?—?NetSuite

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

CFO Talks

MARCH 14, 2024

Streamlining Operations: Advanced software solutions, including Enterprise Resource Planning (ERP) and automation tools, can significantly reduce the time and resources spent on routine tasks such as transaction processing and compliance reporting. This efficiency frees the CFO and the finance team to focus on strategic initiatives.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

Jedox Finance

AUGUST 2, 2022

The benefits of a Cloud Solution. However, the changed, driver-based approach requires not only close collaboration between the finance department and the specialist departments, but also clean and correctly linked data and a tool suitable for management that can be used without programming knowledge. Refresh sooner rather than later.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Forecasting Planning 52

Planful

MARCH 9, 2016

For example, EPM solutions can be deployed much faster than ERP systems. EPM solutions leverage data from ERP, CRM and other data sources, and are not as disruptive to your business. By utilizing cloud-based EPM software, businesses of all sizes can rapidly experience enormous benefits.

Budgeting 40

Budgeting Forecasting Business Analytics Finance 40

PYMNTS

MARCH 24, 2016

These companies, explained Top Image Systems Chief Technology Officer Carsten Nelk and Chief Marketing Officer Andrew Pery, are ditching on-premise enterprise resource planning (ERP) systems in droves. Based on the market research, there is an increase in adoption of cloud-based AP automation.

Accounts Payable 43

Accounts Payable Invoicing Accounting Cash Management 43

Planful

SEPTEMBER 1, 2016

Brian highlighted the evolution of accounting technology from the mainframe to the cloud, and some of the latest technologies that are disrupting the market, such as in-memory, big data, robotic process automation, visualization, and analytics. His main message was that ERPs are no longer the center of the accounting universe.

Technology 40

Technology Accounting Auditing Reconciliations 40

Planful

JANUARY 19, 2016

Year-End Close and Reporting with Cloud-Based EPM Software. Enter cloud-based EPM software. The financial close and consolidation modules provided by cloud-based EPM providers, such as Planful , make the year-end close and reporting process much less painful. We can do better than this.

IFRS 40

IFRS GAAP Reconciliations Auditing 40

Planful

MAY 24, 2017

Here’s what the panelists had to say about enterprise risk management (ERM), based on their most current experiences. Examples might include the risks of entering emerging markets, extending the supply chain, or introducing new products. Risk-based, data-driven decisions is where the KPI link comes into play. How to Get Started.

Risk Management 40

Risk Management Prioritization CFO Leadership 40

Future CFO

JANUARY 28, 2021

The findings revealed how the pandemic has altered the finance role, including an increased reliance on digitalization and cloud-based technologies. Take Summit Media, for example. It also showed that in many cases, CFOs are even driving innovation for business resilience. Expanding definitions.

Finance 52

Finance CFO Advertising Forecasting 52