The Charity CFO

APRIL 20, 2023

We’re in the age of technology, and it seems that for every process or transaction, there is a corresponding technological solution designed to make our lives easier and our work more efficient. In today’s digital age, technology has revolutionized almost every aspect of business operations, including accounting and finance.

Nonprofit 98

Nonprofit Accounting Accounting Standards Budgeting 98

VCFO

JUNE 29, 2023

Underscoring this was her ahead-of-the-curve understanding that mission-centered organizations must have strong finance and compliance-related practices and expertise in place to be able to provide services in line with their mission. A CFO will evaluate financial performance, and bring attention to potential issues.

Nonprofit 69

Nonprofit Finance CFO Compliance 69

The Charity CFO

APRIL 1, 2024

Implementing technology into your nonprofit accounting process can help solve a variety of issues—from tracking receipts to properly recording donations. In most cases, technology helps improve the efficiency and accuracy of nonprofit accounting. You’ll need to use the right technology systems to get these benefits.

Nonprofit 52

Nonprofit Accounting CFO Accounts Payable 52

Future CFO

AUGUST 1, 2023

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. Companies are increasingly seeking secure and compliant solutions to manage their financial data. "As

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

CFO Leadership

OCTOBER 10, 2023

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. What data governance, privacy and security procedures do we have in place or need? Where is that data located?

Financial Planning and Analysis (FP&A) 115

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

Beacon CFO Plus

NOVEMBER 15, 2023

No matter your industry, you must keep up with ever-changing market competition, regulatory requirements, talent acquisition needs, and new technology adoption. If you manage an SME—referring to a Small and Medium-Sized Enterprise—you may look to a fractional CFO to provide strategic financial expertise and guidance.

CFO 52

CFO Budgeting Strategic Planning Financial Analysis 52

Bramasol

JULY 22, 2023

This new update focuses on the progress of regulatory requirements and software solutions for tangible accounting and reporting of ESG, along with a look at how ESG management can help drive corporate value. The CSRD is part of the EU’s European Green Deal and the Sustainable Finance Agenda.

IFRS 87

IFRS Accounting SAP Compliance 87

The Finance Weekly

OCTOBER 9, 2022

As organizations implement new technologies and launch digital initiatives meant to modernize or wholly transform their operations, effective finance and IT collaboration can help to assure that the organization realizes positive outcomes from those investments. IT can assist Finance with Business Reporting.

Finance 98

Finance Budgeting CFO Forecasting 98

VCFO

FEBRUARY 15, 2023

In 2012, she took on the role of controller/accounting manager for Garlock Pipe Technology, where she managed the accounting department and successfully implemented Oracle 13i. She had complete ownership of financials, reporting, auditing, and compliance for all entities.

Auditing 52

Auditing CFO Risk Management Budgeting 52

The Finance Weekly

JANUARY 1, 2023

2) The Importance of Trustworthy, Independent SOC Reports in FP&A. In addition to being a year of instability and economic challenges, 2022 was also a year of increased focus on compliance and data security. Read the FP&A Software Solution Comparison here. Click , here to read.

Finance 98

Finance Compliance Economics Prioritization 98

The Finance Weekly

OCTOBER 15, 2023

But, there are important things to think about, like data security, ethics, rules, and biases. Breakthroughs for CFOs Generative AI, a powerful technology, helps CFOs in various ways: Saving Costs and Improving Efficiency Generative , AI assists CFOs in finding ways to save money and streamline operations by automating financial processes.

Financial Data 52

Financial Data Securities Finance Compliance 52

The Charity CFO

MARCH 27, 2024

Specifically, nonprofit leaders should consider these factors when looking for software: Requirements for fund accounting Staying in compliance with reporting and filing Fund Accounting Requirements Fund accounting is an accounting system used by nonprofits that focuses on transparency and accountability rather than profits.

Nonprofit 40

Nonprofit Accounts Payable Compliance Invoicing 40

CFO Leadership

OCTOBER 10, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. They can generate, drafts for presentations, emails, and reports, saving employees time and effort on routine tasks. Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns.

Finance 95

Finance Accounting Auditing IFRS 95

The Charity CFO

OCTOBER 4, 2022

They also develop and implement operational procedures and systems and manage budgets and financial reports. Information Technology. In turn, your operations manager will either report to the Director of Operations, the Chief Operating Officer (COO), or directly to the CEO or Executive Director. That may include.

Nonprofit 98

Nonprofit Budgeting Compliance CFO 98

PYMNTS

SEPTEMBER 17, 2020

Whether that's a lack of security if a piece of paper falls into the wrong hands, or simply the pain of having to manually store a document or capture its data, paper is far from the most efficient way to do business. Technology Plays Catch-Up. Physical documents introduce a trove of friction points for the enterprise.

Accounts Payable 63

Accounts Payable Compliance Invoicing Finance 63

CFO Talks

MARCH 14, 2024

The position of Chief Financial Officer has evolved significantly over the past few decades. No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

CFO Leadership

OCTOBER 18, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. They can generate, drafts for presentations, emails, and reports, saving employees time and effort on routine tasks. Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns.

Finance 52

Finance Accounting Auditing IFRS 52

E78 Partners

MARCH 23, 2023

Often, you find yourself wearing multiple hats – managing cash flow, budgets, compliance, and more. You have concerns about your data security. You have concerns about your data security, and you are right to be concerned. But how can you identify the right moment to make such an important change?

Accounting 52

Accounting Finance Budgeting Securities 52

The Finance Weekly

OCTOBER 31, 2021

Many of the same financial issues that profit-seeking enterprises face, such as increasing revenue, managing audits, and dealing with compliance, encounter non-profit organizations (NPOs). There are numerous concerns, but many of them are simple to address, and technology may play a significant part in assisting you in doing so.

Planning 52

Planning Auditing Nonprofit Accounts Payable 52

PYMNTS

JULY 5, 2017

For a chief financial officer (CFO), having technology — from ERP systems to cloud accounting and cash forecasting tools — has become paramount when deploying a successful growth strategy. “Companies still rely too much on Excel for reporting,” Born explained.

Financial Data 52

Financial Data Auditing Financial Reporting CFO 52

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. What is financial reporting software?

Financial Reporting 52

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

PYMNTS

JANUARY 9, 2019

These reports reflect the changing role of the human financial professional. Rather than crunching numbers, human talent has the potential to provide the advisory services SMBs demand, while automated technologies take care of the bare-bones calculations.

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71

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. CFOs can drill deeper into their insights into areas like ESG metrics and potential compliance risks.

Financial Planning and Analysis (FP&A) 97

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

Spreadym

NOVEMBER 16, 2023

The best features of FP&A software often include: Budgeting and Forecasting: These features allow organizations to create detailed budgets, forecasts, and financial plans. Users can input data, make adjustments, and project future financial scenarios. 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

Bramasol

MARCH 24, 2022

This important issue was previously explored last year in Are You Ready for "Carbon Accounting" Compliance? Among the biggest developments is a new proposed rule from the Securities and Exchange Commission (SEC) that was published on March 21, 2022 for public comment over the next 60 days. According to CFO.com , "The staff of the U.S.

Accounting 81

Accounting SAP Analyzing Data IFRS 81

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

The Charity CFO

APRIL 25, 2024

Categorizing transactions, reporting income, and meeting compliance requirements can be overwhelming. In this case study, we’ll explore real stories of nonprofits who have transformed their organizations by using technology to streamline their financial infrastructure.

Nonprofit 52

Nonprofit Accounting CFO Auditing 52

PYMNTS

JULY 24, 2020

has secured $80 million in new funding at a $5.5 The latest infusion of cash comes from TSG Consumer Partners , a San Francisco-based private equity company, TechCrunch reported. Since then, the financial technology (FinTech) company has expanded its portfolio to also offer business banking.

Startups 102

Startups Foreign Exchange Valuation Invoicing 102

Spreadym

MAY 15, 2023

Spreadym planning software structures data in cube technics using In-memory database technology. That allows users to describe all corporate items in detail and easily build reporting and planning tables or templates for further fill-in and automatically provide necessary key metrics calculations.

Financial Planning and Analysis (FP&A) 52

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

CFO Thought Leader

APRIL 8, 2024

His responsibilities in SEC reporting and managing disclosure committees provided a strong foundation in financial reporting and regulatory compliance. Johnson: Dayforce is a global leader in human capital management, or we call it HCM technology.

Leadership 52

Leadership CFO Finance Compliance 52

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. Begin deploying the appropriate technologies once you've identified the processes that could benefit from automation. Secure a quick win.

Mergers and Acquisitions (M&A) 52

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

The Finance Weekly

APRIL 13, 2024

This includes tracking past financial activities, ensuring compliance and reporting, as well as forecasting future financial scenarios for better budgeting. Datarails is a valuable tool for companies seeking streamlined reporting for themselves and their stakeholders.

Financial Planning and Analysis (FP&A) 52

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

The Charity CFO

MAY 6, 2022

You could even find yourself in worse shape than if you’d never secured the funding. It also takes time to build-out software and technology capabilities. Your financial system must be in good working order before you even consider applying for federal funding. Do I need an audit to secure federal grant funds?

Nonprofit 119

Nonprofit Auditing CFO Financial Systems 119

PYMNTS

MARCH 19, 2020

That’s because the more software solutions a business implements, the more platforms there are for accountants, payroll professionals, financial executives and others in the enterprise to toggle between, opening up the opportunity for manual data entry, recording errors and wasted time. ” A Waterfall Effect. .

Accounting 62

Accounting Invoicing Accounts Payable Financial Data 62

Future CFO

OCTOBER 1, 2019

How does it support compliance with financial regulations? Pierre Bonnet: The finance function owns a part of the most important data of a company, more precisely all data hierarchies on which financial computations are achieved. The quality of financial reporting is increased and benefits from better traceability.

Finance 52

Finance Financial Data Compliance Financial Reporting 52

Planful

FEBRUARY 16, 2017

You’ll also learn about the steps one company took to transform its financial close and reporting process into a smooth and painless procedure. High-Quality Data: The Linchpin to a Smoother Financial Close. The biggest obstacle to accurate financial reporting is not having a single source for reliable financial results.

Numbers 40

Numbers General Ledger (GL) General Ledger Financial Reporting 40

Barry Ritholtz

APRIL 25, 2023

Brian Hamburger has been one of the leading authorities in the world of registered investment advisories, broker-dealers, SEC regulatory compliance. And I would constantly hear them frustrated by the compliance department. HAMBURGER: They were just blaming compliance for everything they couldn’t do. RITHOLTZ: Right.

Mergers and Acquisitions (M&A) 60

Mergers and Acquisitions (M&A) Compliance Investments Finance 60