CFO Leadership

OCTOBER 18, 2023

They’re not very good at mathematics or dealing with numbers in general. While other AI models are far superior to humans in their ability to perform complex mathematics and spot trends, patterns, and variances across a broad swath of data, LLMs are not. With a large and diverse enough data set (e.g.

Finance 52

Finance Accounting Auditing IFRS 52

Spreadym

MAY 15, 2023

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.

Financial Planning and Analysis (FP&A) 52

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

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

PYMNTS

JUNE 24, 2019

With the Strong Customer Authentication (SCA) compliance deadline less than four months away, banks are still underprepared. Sberbank Croatia is among the financial institutions (FIs) partnering with other platforms for more flexible compliance solutions. Banks are in Danger of Losing the ‘Customer Service Layer’ Under PSD2.

Banking 64

Banking Compliance Advertising Startups 64

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

PYMNTS

JANUARY 9, 2019

One way this shift has materialized is in how small businesses seek and hire financial professionals to join their companies. These reports reflect the changing role of the human financial professional. McKinsey research , released in 2017, pegged the number of jobs worldwide that could be lost to automation by 2030 at 800 million.

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71

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. In the past few years, the number of global mergers and acquisitions has reached an all-time high. Improve security and compliance, while preventing fraud, and cyber risk.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

The Finance Weekly

AUGUST 27, 2023

These tools are reshaping the financial landscape by simplifying operations and eradicating manual tasks. Protected Data Integrity: Unlike ChatGPT and alternative AI applications, the data furnished by the Datarails' chatbot originates from trustworthy and fortified sources, guaranteeing its security.

Financial Planning and Analysis (FP&A) 52

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

CFO News Room

DECEMBER 26, 2022

As 2022 comes to a close, I am once again so thankful to all of you, the ever-growing number of readers who continue to regularly visit this Nerd’s Eye View Blog (and share the content with your friends and colleagues, which we greatly appreciate!). Executive Summary.

Planning 130

Planning Benchmarking Profit and Loss Communication 130

PYMNTS

OCTOBER 30, 2020

These kinds of concerns have led to companies being somewhat slower to adopt the RTP network for B2B use cases, he said, instead focusing on using the network for simpler situations like delivering payroll , insurance claim disbursements and other funds to consumers who do not need that same level of financial data. “On

B2B 59

B2B Economics Prioritization Banking 59

The Finance Weekly

OCTOBER 13, 2021

Make a financial reporting strategy. One of the most difficult aspects of a merger or acquisition for finance experts is combining the financial data of two independent firms into one. However, according to a , 2019 SANS Institute Cloud Security Survey , roughly one in every five businesses had a data breach in 2018.

Mergers and Acquisitions (M&A) 52

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

PYMNTS

MARCH 19, 2019

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.

B2C 86

B2C Budgeting Compliance B2B 86

PYMNTS

APRIL 12, 2016

Nonprofits can face greater pressure than their for-profit peers when it comes to compliance. The virtual card has gained attention in recent years for its ability to not only digitize corporate payments but to safeguard them, often coming in the form of a one-time-use card number designated for a specific purchase category and value.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

MARCH 11, 2016

As the environment itself becomes more heavily regulated to ensure transactions that require the exchange of sensitive identification or financial data are safeguarded, the challenges to accomplish this can become even more daunting.

Compliance 44

Compliance Financial Data Finance Technology 44

Future CFO

SEPTEMBER 14, 2020

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 You look at what is your arrival pattern and the length of stay?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Forecasting Planning Foreign Exchange 52

PYMNTS

MARCH 19, 2020

It’s what enabled HostBooks to recently announce the launch of its mobile app, a key feature for SMBs that must gain access to financial data regardless of location, said Rana. But data integration can reduce the number of software platforms being used and cut through the data silos standing in the way of financial visibility.

Accounting 62

Accounting Invoicing Accounts Payable Financial Data 62

PYMNTS

JULY 11, 2019

“The identity component of this is probably not being driven by nefarious motives — it’s being driven by the need for having regulatory compliance in multiple jurisdictions, not an identity that is tied to any one particular government.”. Can Facebook Be Trusted To Secure Financial Data?

Financial Data 49

Financial Data Securities Auditing Compliance 49

Simply Treasury

NOVEMBER 2, 2020

This trend is of course driven by cost reasons to outsource IT infrastructure and security to dedicated vendors. The challenge number 1, which can make their job different and push them up within the finance organization. The modern TMS’s have evolved to encapsulate treasury’s needs in a superior, more secure, and compliant framework.

Treasury 130

Treasury Technology Finance Economics 130

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. About the Tracker.

Banking 43

Banking Securities Accounting Treasury 43