Future CFO

FEBRUARY 22, 2024

The financial landscape is evolving at breakneck speed, driven by big data, globalisation, and digitisation. The pressure on finance leaders to deliver strategic insights and ensure compliance is mounting in this dynamic environment. These challenges, like tangled vines, impede progress.

Financial Planning and Analysis (FP&A) 97

Financial Planning and Analysis (FP&A) Finance Compliance SAP 97

Bramasol

SEPTEMBER 29, 2023

They are expected to provide financial leadership and insight into the organization's strategic direction. This involves not just managing financial data but also interpreting it to guide decision-making. Globalization CFOs have long needed to assure compliance with two different standards-setting bodies.

IFRS 95

IFRS Technology SAP Compliance 95

Spreadym

JULY 21, 2023

Key components of digital transformation in finance include: Automation and Artificial Intelligence (AI) : Implementing AI algorithms and robotic process automation (RPA) to streamline repetitive tasks, such as data entry, customer support, and fraud detection, leading to reduced costs and increased accuracy.

Finance 52

Finance Prioritization Compliance Leverage 52

Spreadym

APRIL 27, 2023

Financial analysis and planning (or FA&P) software is a type of business software that helps companies manage their finances and operational activity by analyzing financial data and providing tools to plan, forecast and make budgets for efficient business growth. Visit the link to learn more about it.

Financial Analysis 52

Financial Analysis Tax Planning Budgeting Forecasting 52

Future CFO

FEBRUARY 4, 2024

NP: Training AI models to understand and interpret complex financial data accurately requires dedicated time and resources. As legislators across the region seek to promote responsible AI adoption , firms may find it challenging to keep up with developments and ensure compliance.

Finance 98

Finance CFO Leadership Risk Management 98

Spreadym

AUGUST 10, 2023

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have.

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards 52

Spreadym

AUGUST 17, 2023

A financial reporting dashboard is a visual representation of financial data and key performance indicators (KPIs) presented in a consolidated and easily digestible format. This allows for a personalized view of the financial data. Organize the dashboard into sections or tabs for different financial areas (e.g.,

Financial Reporting 52

Financial Reporting CFO Cash Flow Forecasting Budgeting 52

The Finance Weekly

OCTOBER 15, 2023

But, there are important things to think about, like data security, ethics, rules, and biases. Smarter Decision-Making By using AI-generated insights, CFOs can make informed decisions based on real-time and accurate financial data. Generative AI can help in saving costs, making better decisions, and developing skills.

Financial Data 52

Financial Data Securities Finance Compliance 52

Spreadym

NOVEMBER 16, 2023

Data Integration: The software should be capable of integrating data from various sources, such as ERP systems, spreadsheets, and other databases. This ensures that financial data is accurate, up-to-date, and consolidated. Compliance features help organizations adhere to regulatory requirements.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Planning Budgeting Financial Modeling 59

PYMNTS

JULY 5, 2017

Born, who spoke with PYMNTS about what’s missing in today’s array of business intelligence tools, noted that despite the field having adopted sophisticated technologies like data analytics and artificial intelligence (AI), there is often a human element missing from the reporting process. But data can quickly turn into a burden.

Financial Data 52

Financial Data Auditing Financial Reporting CFO 52

Jedox Finance

JULY 11, 2023

Jochen Heßler, Senior Director, Product Management, Jedox Environmental, social, and governance (ESG) has emerged as an important initiative for organizations worldwide as they strive to implement sustainable practices, achieve compliance, and demonstrate substantive value to customers, employees, and investors.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Compliance Profit and Loss 52

Future CFO

JULY 14, 2022

For example, companies operating in carbon-intensive sectors may face higher carbon taxes and other compliance costs, or find themselves becoming less viable to operate in the future economy,” said Lee Bing Yi , Sustainability & Climate Change Director at PwC Singapore. These technologies don't stand alone.

Risk Management 98

Risk Management Compliance Strategic Planning Finance 98

Future CFO

NOVEMBER 15, 2023

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.

Financial Planning and Analysis (FP&A) 52

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

CFO Leadership

OCTOBER 10, 2023

Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns. Therefore, it’s crucial to have robust data governance policies in place when implementing AI, ensuring that the software only has access to the necessary data and is monitored for any unusual or potentially harmful activity.

Finance 95

Finance Accounting Auditing IFRS 95

The Finance Weekly

AUGUST 26, 2023

Risk of Insufficient Liquidity The initial facet of liquidity risk involves whether businesses possess sufficient cash reserves to meet their financial obligations. AI empowers businesses to make tactical and strategic choices backed by accurate financial assessments.

Risk Management 52

Risk Management Profit and Loss Currencies Compliance 52

The Charity CFO

MAY 11, 2023

A study by the Stanford Social Innovation Review found that nonprofits that invested in strong financial management practices, including bookkeeping, were more likely to achieve their mission and grow their organization. Strong financial management can come in many forms and there is no one size fits all for any nonprofit organization.

Nonprofit 52

Nonprofit Communication Auditing GAAP 52

Spreadym

SEPTEMBER 12, 2023

Gather Financial Information: Collect all relevant financial information, including past financial statements, income sources, expense records, and any other financial data. Be as realistic as possible and base your estimates on historical data or market research.

Budgeting 59

Budgeting Strategic Planning Forecasting Economics 59

Future CFO

AUGUST 1, 2023

The rise in digital transformation (DX) initiatives and the adoption of mobile technologies have also contributed to the demand for cloud-based financial applications in Asia/Pacific. Companies are increasingly seeking secure and compliant solutions to manage their financial data.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

Collectiv

MARCH 14, 2022

What is Data Governance? Data governance is a collection of processes, policies, roles, standards, and metrics that are needed to protect data assets to guarantee trustworthy, complete, and secure corporate data. When stakeholders distrust data, it negatively influences the process of reporting and analytics.

Leadership 97

Leadership Risk Management Securities Compliance 97

CFO Leadership

OCTOBER 18, 2023

Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns. Therefore, it’s crucial to have robust data governance policies in place when implementing AI, ensuring that the software only has access to the necessary data and is monitored for any unusual or potentially harmful activity.

Finance 52

Finance Accounting Auditing IFRS 52

PYMNTS

JUNE 21, 2019

In India, where investors have shied away from alternative nonbank financial companies as of late, one small business (SMB) lender managed to secure an impressive funding round. Alternative small business lender Lendingkart secured new funding this week to the tune of $11.5 Lendingkart. million from Alteria Capital.

Startups 43

Startups B2B Marketing Investments 43

PYMNTS

SEPTEMBER 10, 2018

GDPR compliance has yet to be fully embraced by firms on a global scale, yet headlines from this past week show just what the repercussions might be against a new regulatory landscape. software firm that focuses on GDPR compliance , told the newswire that “at some point, a line needs to be drawn, and this might be the best time to do it.”.

Compliance 46

Compliance Concentration Securities Banking 46

Planful

OCTOBER 19, 2021

A cloud-based system for financial planning and analysis (FP&A) can have governance built in its deployment model by IT teams. Equifax quickly applied security and governance policies because they were built in and custom coded to suit the organization’s needs. What value are we getting from our investment in a secure technology?

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) CFO Auditing Communication 40

CFO News Room

DECEMBER 26, 2022

Financial Planning. 101 Things That Advisors Actually DO To Add Value (Beyond Just Allocating A Portfolio) – Traditionally, investment planning has been at the forefront of how financial advisors add value for their clients.

Planning 130

Planning Benchmarking Profit and Loss Communication 130

CFO Leadership

MARCH 31, 2022

Global operations make it more challenging for small treasury teams in mid-market companies to handle day-to-day operations efficiently and securely. They need global structures, processes and policies that facilitate efficiency, visibility, control, security, and compliance. Five steps to improve global cash visibility.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

PYMNTS

APRIL 7, 2017

Perfios operates in both the B2B and B2C markets and provides financial institutions and FinTechs with solutions to aggregate and analyze financial data for the purpose of streamlining loan decision making. Goldman Sachs made a sizeable investment ( $30 million ) into SaaS company Zilliant, according to reports this week.

B2B 43

B2B B2C Startups eCommerce 43

Future CFO

MARCH 7, 2021

Companies must invest in mentoring programs, which can offer bourgeoning professionals key wisdom and helpful insights about how to best learn, network and raise their hands when opportunities arise. More guidance and investment in young leaders will help better empower women in finance, putting more rising stars on the leadership track.

Finance 52

Finance SAP Leadership CFO 52

The Finance Weekly

APRIL 28, 2024

Here's a hint: using automation can really make the most of your QuickBooks investment. 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. You want to simplify your life, not complicate it.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

APRIL 13, 2024

Every modern enterprise, regardless of size, requires finance software to manage various aspects of its financial health. This includes tracking past financial activities, ensuring compliance and reporting, as well as forecasting future financial scenarios for better budgeting.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

OCTOBER 13, 2021

Earlier this year, Oracle identified four repeating techniques that the most ambitious and inventive organizations have used to obtain a competitive advantage and achieve significant development: business model innovation; mergers, acquisitions, and divestitures, accelerate the financial close, and developing a risk-aware culture.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Economics Risk Management Reconciliations 52

PYMNTS

NOVEMBER 29, 2017

Financial institutions (FIs) and their customers are haunted by fears of far-off hackers who can break their way into massive stores of personal and financial data, potentially making off with far more than their predecessors ever could have carried away on horseback. Security through decentralization.

Banking 43

Banking Securities Accounting Treasury 43

PYMNTS

DECEMBER 7, 2017

According to Jake Benson, CEO of back-office software provider Libra , that’s because traditional accounting and auditing software solutions aren’t compatible with blockchain, rendering them unable to access, manage and analyze financial data stored on distributed ledgers. Libra, which recently announced $7.8

Accounting 52

Accounting Auditing Valuation Financial Data 52