The Finance Weekly

FEBRUARY 22, 2025

Period Close Management - Automate account reconciliation and reduce financial close cycles. These experiences highlight the importance of consistent support and clear communication during the setup phase to ensure a successful deployment. Workday Adaptive Planning Subscription ERP and General Ledger (GL) connectivity.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning General Ledger (GL) Forecasting 52

PYMNTS

FEBRUARY 26, 2020

“Accounts payable and finance departments in the middle market want to invest in growth, in products, in service, in people — they don’t want to invest in suppliers or supplier-related processes,” he said, highlighting the supplier management and communication component of AP that is becoming increasingly important.

Accounting 72

Accounting Accounts Payable Invoicing General Ledger 72

Bramasol

JULY 26, 2024

Some of the key challenges include: Complexity and Volume of Data : Handling large volumes of financial data spread across multiple systems increases the complexity of consolidation and reconciliation. Manual Processes: Reliance on manual data entry and spreadsheet-based reconciliations can be time-consuming and error-prone.

SAP 91

SAP IFRS GAAP Compliance 91

PYMNTS

FEBRUARY 25, 2020

One of the biggest points of friction in B2B payments for both buyers and suppliers is capturing information about a transaction, and feeding that data into back-end systems for automated accounting and reconciliation. They need the remittance data, whether it’s incoming or outgoing, to be able to sync up with their general ledger system.”.

B2B 69

B2B Accounts Payable General Ledger Reconciliations 69

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

E78 Partners

SEPTEMBER 21, 2023

Implement Robust Documentation Procedures Maintaining organized records is paramount for any organization, necessitating a systematic approach to filing and ensuring easy access to crucial documents like financial statements, general ledgers, bank statements, and invoices.

Auditing 52

Auditing General Ledger Reconciliations Accounting Standards 52

The Charity CFO

OCTOBER 9, 2024

For example, some key features of accounting software include: Maintaining the general ledger Creating financial statements Accounts payable/receivable management The Incompatibility of Fundraising and Accounting Data The core functions of fundraising and accounting software play the main role in why you can’t integrate them.

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52