Future CFO

OCTOBER 21, 2021

Executives indicated that automating the following functions are providing the greatest benefits, Kofax noted. appeared first on FutureCFO.

Accounts Payable 59

Accounts Payable Data Analysis Invoicing Compliance 59

PYMNTS

MARCH 18, 2019

Faced with these dual motivations, banks around the world are investing in regulatory compliance, and were projected to spend more than $8 billion on AML compliance by 2017. banks increasing their AML compliance staffing tenfold between 2012 and 2017, according to one report. Financial and Ethical Security Strategies.

Compliance 72

Compliance Data Analysis Economics Budgeting 72

Future CFO

DECEMBER 17, 2023

Exceptions will trigger AI-driven, automated audits to ensure compliance. Embracing AI, automation, and data analysis will help finance teams bring more strategy to the organisational table and find a greater sense of confidence amid the uncertainty.

SAP 52

SAP Finance Budgeting Data Analysis 52

CFO Leadership

OCTOBER 10, 2023

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. 1] Robert Half and Protiviti are members of the Microsoft AI Cloud Partner Program.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

Future CFO

AUGUST 1, 2023

This trend is driven by the need for real-time data analysis and insights to make informed business decisions. Payroll accounting : Automating payroll processes can help save time and resources, maintain compliance with legal regulations, reduce manual errors and track business expenses.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

Future CFO

AUGUST 7, 2023

Edge AI Demand for Edge AI is growing to enable the processing of data at the point of creation at the edge, helping organisations to gain real-time insights, detect new patterns and meet stringent data privacy requirements. Edge AI also helps organisations improve the development, orchestration, integration and deployment of AI.

Concentration 52

Concentration Data Analysis Compliance Investments 52

Bramasol

NOVEMBER 27, 2021

Density : Because many DSE offerings involve bundling of multiple elements, such as a product purchase bundled with service contracts and/or consumables, customer accounts tend to accumulate much deeper levels of data that must be tracked and processed.

SAP 60

SAP B2C Compliance Data Analysis 60

PYMNTS

JUNE 1, 2020

The teams of EY will tap into the software technology of GTKonnect, which covers a number of areas with the inclusion of free trade agreements, import/export compliance, country of origin, master data management, foreign trade zones and tariff classification as well as reconciliation.

Reconciliations 52

Reconciliations Data Analysis Compliance Accounting Firms 52

The Finance Weekly

AUGUST 26, 2023

This AI-driven approach strengthens risk management by providing timely insights and informed decisions based on real-time data analysis and predictive modeling. Furthermore, AI automates checking loan term adherence, promptly notifying both lenders and borrowers about breaches.

Risk Management 52

Risk Management Profit and Loss Currencies Compliance 52

The Finance Weekly

AUGUST 5, 2023

Your Future in FP&A: Navigating the Varied Career Paths Typically, , Financial Planning and Analysis are integral parts of a comprehensive financial management system, which also includes accounting, revenue and cash flow management , governance, risk, and compliance (GRC), along with other core financial processes.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

JANUARY 21, 2024

In this case, you will find that not all Excel-based data analysis software tools will be compatible. Even more frustrating, it may be compatible with some of your software systems, but not all, resulting in more inefficiency you were aiming to reduce by using data analysis software in the first place.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 40

Bramasol

SEPTEMBER 10, 2023

How Generative AI and SAP are Changing the Game Bramasol, a s a long-serving SAP partner, has been deeply involved with integrating the above AI and machine learning applications across many client implementations spanning compliance, finance and DSE projects.

SAP 89

SAP B2C B2B Microsoft Office 89

Future CFO

SEPTEMBER 10, 2023

Often the right hand of the CEO, supporting him in strategic decisions, the CFO must be a big-picture thinker and detail-oriented simultaneously, especially for compliance and due diligence, among others, while being well-rounded with industry insights," he continued.

CFO 98

CFO Finance Leadership Concentration 98

Collectiv

JUNE 13, 2023

Data analysis is a treasure trove for non-profits. Solid processes around nonprofit data give you critical information to highlight unique aspects of your organization, boost morale, increase credibility, enhance transparency, and build community awareness to support your mission.

Nonprofit 52

Nonprofit Leverage Budgeting Analyzing Data 52

Centage

JULY 12, 2022

This includes a variety of leadership and consulting roles in the buy-side investment and compliance industries such as Thomson Reuters, SS&C, and Citisoft Inc, working with clients including State Street, Invesco, and Bank of America.

Compliance 52

Compliance Budgeting Prioritization Data Analysis 52

PYMNTS

APRIL 19, 2019

That’s particularly true when it comes to compliance and data security. The EU’s General Data Protection Regulation (GDPR) is a prime example, said Jones. In the U.K., However, accountants cannot take on these value-added offerings if they are managing payroll manually. ”

Accounting 61

Accounting Compliance Reconciliations CFO 61

PYMNTS

JUNE 20, 2017

But Big Data lands new capabilities in the hands of corporate treasurers and other executives that yields active, real-time assessments of risks from multiple angles, from counterparties to compliance. A weak data management strategy could heighten the risk of non-compliance.

Risk Management 47

Risk Management Treasury Compliance Data Analysis 47

PYMNTS

SEPTEMBER 4, 2019

The site reported that as part of the authority’s “Banking Made Easy” program, lenders are now allowed to use big data analysis to examine and approve credit applications. The solution ensures compliance with the second payment services directive (PSD2).

Cash Management 53

Cash Management Data Analysis Credit Risk Risk Management 53

PYMNTS

JANUARY 22, 2019

The technology is proliferating financial markets, particularly for some of the world’s largest financial institutions in need of enhanced compliance solutions. Therefore, with greater access to data analysis that can uncover key financial patterns, that supports revenue growth. ”

Corporate Finance 77

Corporate Finance Finance Data Analysis Accounting 77

PYMNTS

JULY 21, 2020

. “It’s so critical to have the right infrastructure in place to be able to support not only a wide variety of transaction channels, locations [and] currencies, but also data centralization, data analysis and real-time reporting,” Kaufmann said. ” Challenge Turned Opportunity.

Treasury 64

Treasury Cash Management Data Analysis Compliance 64

Future CFO

AUGUST 30, 2021

To fulfil these requirements, soft skills such as stakeholder management, relationship building, emotional intelligence, problem solving and communication are crucial for finance professionals in 2021 alongside core technical capabilities such as financial planning, modelling and data analysis. .

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Problem Solving 52

Fpanda Club

SEPTEMBER 2, 2021

Familiar with data analysis and armed with powerful tools, FP&A teams start to play more visible roles in the organizations providing their leaders with actionable insights and recommendations on the best ways to achieve company’s objectives, thus, having the direct impact on their company’s results and success.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Budgeting 130

Centage

NOVEMBER 22, 2021

For those dedicated finance professionals working in the nonprofit sector, the myriad of unique industry challenges from managing multiple stakeholders and funding sources, to understanding compliance standards and creating financial processes, add another layer of complexity to the process.

Financial Planning and Analysis (FP&A) 72

Financial Planning and Analysis (FP&A) Nonprofit Planning Finance 72

PYMNTS

NOVEMBER 5, 2019

Such tools are being used to automate the development of risk profiles, identity verification and data analysis — areas that are key to ensuring quick and secure verification before funds are disbursed. Banks must ensure that they are properly verifying loan recipients’ identities in real time to maintain compliance.

Data Analysis 41

Data Analysis Compliance Banking Securities 41

Collectiv

FEBRUARY 2, 2022

In this class, drill down on topics like advanced PowerQuery, M Coding, advanced modeling techniques, and using Data Analysis Expressions (DAX). After an implementation, IT is responsible for keeping your new tool and the data within it secure. Specialized training for IT support staff. Specialized training for IT support staff.

Education 52

Education Benchmarking Prioritization Data Analysis 52

The Finance Weekly

OCTOBER 13, 2021

Compliance: Abide by laws regarding environmental regulations, financial reporting, etc. Complete data analysis (DA). The business metrics of CPM fall into 5 categories: Customer: Satisfaction and loyalty of customers. Strategic: Quality of various strategies helping companies reach short and long term goals.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Strategic Planning 52

Future CFO

AUGUST 19, 2021

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

Accounts Payable 40

Accounts Payable Treasury Risk Management Finance 40

Future CFO

MAY 26, 2020

Against the backdrop of economic and legal implications of non-compliance, companies are mandating self-isolation and work from home. Businesses are challenged to the core throughout the first half of 2020 weighing the risks of prolonged shutdown and carefully managing staff during the ongoing outbreak. Narrowing the skills gap.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Treasury Education 52

PYMNTS

JULY 2, 2019

.” Acuris Risk Intelligence positions itself as a service provider for FIs, allowing them to access the information they need to manage compliance. However, the challenges of compliance data go far deeper, noted Parfitt. FIs of various sizes will almost certainly face different compliance challenges, too.

Compliance 46

Compliance Banking Data Analysis Risk Management 46

The Finance Weekly

AUGUST 27, 2023

Encompassing tasks such as analyzing financial data, creating budgets and forecasts, managing accounting processes, and ensuring tax adherence and regulatory compliance, these advanced solutions empower finance teams to concentrate on strategic decision-making and higher-value tasks.

Financial Planning and Analysis (FP&A) 52

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

PYMNTS

JUNE 7, 2018

It’s not enough to be very good at one element of the business – firms have to be good at operational functions, risk management, capital management, compliance and product to keep from being dragged down by bad loan performance. And for a very good reason: SMB lending is a tough business to be in, Lifshitz told Webster.

Invoicing 49

Invoicing Data Analysis Credit Risk Risk Management 49

Future CFO

APRIL 23, 2020

This means that the individual is essential to the strong stewardship of sustainable organisations for the future in areas such as auditing, risk management, and compliance. If an individual possess these skills, he or she would be suited for the Assurance Advocate career zone.

Accounting 40

Accounting Finance Data Analysis Auditing 40

PYMNTS

JUNE 6, 2018

It’s not enough to be very good at one element of the business – firms have to be good at operational functions, risk management, capital management, compliance and productto keep from being dragged down by bad loan performance. And for a very good reason: SMB lending is a tough business to be in, Lifshitz told Webster.

Invoicing 40

Invoicing Data Analysis Credit Risk Risk Management 40

Fpanda Club

FEBRUARY 5, 2024

Among those who rest, 20% are data overloaded because of poor data governance and several conflicting data sources, 25% can’t get the data they need and over 30% don’t possess technology, tools, or resources to exploit the data they have. These are the basic that should be in place and in good standing.

Finance 130

Finance Analyzing Data Benchmarking Communication 130

PYMNTS

OCTOBER 22, 2018

In addition, CGI HotScan360 allows banks to integrate certain modules with other systems or omit them, and meet compliance for regulations such as the second Payment Services Directive (PSD2), General Data Protection Regulation (GDPR) and Single Euro Payments Area (SEPA) instant payment requirements.

Compliance 43

Compliance Banking Data Analysis Technology 43

Future CFO

MARCH 7, 2021

The new normal for the finance professional will require being comfortable with ambiguity, ingenuity, data analysis, and the ability to be good business partners. The “new normal” could still look very different in six months or year or two from now. What is certain is that we time-warped into the digital age.

Finance 52

Finance SAP Leadership CFO 52

The Finance Weekly

APRIL 28, 2024

All from within Excel, Connect equips users to import live data from all ERP systems, effortlessly construct reports, and access all ERP data from your spreadsheets. Key Features Datarails Connect offers AI-powered financial data analysis within Excel, providing real-time insights and easing IT burdens.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Invoicing Budgeting Finance 52