This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Bad habits of saving important documents any old place, and assuming you and coworkers can easily find them later, rarely flies in industries where compliance is key.". Integrating financialsystems and workflows with document management technology can support automated organization as well as data capture.
.” Suplari’s AI capabilities enable automation of contract, spend and supplier management, as well as the ability to analyze data stemming from those processes, he noted, pointing to opportunities to enhance profit, risk and compliance efforts.
Artificial intelligence (AI) is finding success in the back office, and that includes in financialsystems and accounting departments. One of the most dramatic ways is in the area of compliance and liability: If a machine makes the wrong call, who’s to blame? Financial executives aren’t ignoring this trend either.
Chamber of Commerce has found that corporations are struggling as a result of Dodd-Frank financial reforms. According to reports, these regulations are forcing businesses to either pass the cost of compliance onto their customers or to delay investments, the survey found.
Years of growth and expansion can make the task of upgrading existing legacy financial, ERP and accounting systems a monster of a task. Add in the disparate systems of other companies acquired over the years, and streamlining existing financialsystems can seem next to impossible.
Mike Polaha: Finance transformation aims to revolutionise corporatefinance strategy and processes with three main objectives in mind - driving operational efficiency, ensuring functional effectiveness and improving employee experience - all while progressing to improve the function’s overall compliance footprint.
Traditionally, CFOs are responsible for managing the financial actions and decisions of a company. While the traditional tasks such as bookkeeping, financial reporting and statutory compliance are still important, the role of a modern CFO today has progressed to become more cross-functional.
We organize all of the trending information in your field so you don't have to. Join 39,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content