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The evolution of accounting

Future CFO

The days of manual data entry into ledgers and journals, a process prone to human error, are long gone. Modern accounting software integrates seamlessly with diverse financial systems, automating tasks such as data entry, bank reconciliation, and invoice processing.

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Making the case for connecting the spreadsheet dots

Future CFO

Ervina Waty : Here are some key changes that CFOs might need to put in place: Enhanced Data Governance and Quality Control CFOs should implement stronger data governance practices to ensure the accuracy, consistency, and integrity of financial data.

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Inside China’s Cyber, Financial Regulatory Changes And Challenges

PYMNTS

Its policies mandate that corporations share private data with it, for example, meaning Chinese regulatory innovation requires serious consideration from any entities that wish to work there. He described how government regulators recently chastised Alibaba for compliance troubles with its credit scoring feature, Sesame Credit. “In

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How Data Will Speed The Move To Cashless Payments

PYMNTS

Even if cash has its place, Ferrabee said that digital payments can still gain traction with the addition of information — data, in other words — that can literally travel, and that can be used to ensure (and reassure) both sides of a transaction of speed and security. That’s especially true for corporate and B2C transactions, he said.

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The Virtual Card Case For Nonprofits

PYMNTS

Nonprofits can face greater pressure than their for-profit peers when it comes to compliance. Not only do they add an enhanced level of security and fraud protection to the accounts payable process, they also simplify processes and provide a mechanism for generating new forms of revenue to support the nonprofit mission.”.

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Surviving the pandemic aftermath: an FP&A perspective

Future CFO

Paper-based processes became obsolete and secure access to standalone applications posed technical challenges. Process delays and slow communications, coupled with restrictive lockdowns, led to slower payments, increased financial risks and stretched service centers. “It For Sofitel’s Lee, the issues lie with governance.

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The 5 best FP&A software solution for business growth

Spreadym

It enables collaboration and offers a wide range of functionalities, including scenario modeling, data integration, and predictive analytics. Vena’s features include financial planning and analysis, integrated business planning, financial reporting, regulatory compliance reporting, and financial close management.