The Charity CFO

JANUARY 5, 2023

Without a good grasp of your finances, your nonprofit risks: Exposure to fraud. Tax issues and non-compliance with regulatory requirements. So, how can you guarantee that your organization is not exposed to any of these risks? Bring GAAP compliance. Risk management strategies. Collaboration issues.

Nonprofit 52

Nonprofit GAAP Budgeting Auditing 52

Future CFO

AUGUST 19, 2021

Intelligent automation is least used in risk management (24%), tax (20%), and treasury (14%). Those looking to adopt intelligent automation for the first time can begin by automating the accounting cycle (accounts payable and receivable, journal entry, account reconciliations, and financial close), the organisation advised.

Accounts Payable 40

Accounts Payable Treasury Risk Management Finance 40

PYMNTS

MARCH 30, 2017

For instance, 29 percent of CFOs identified budgeting and account reconciliation as a priority in the finance department, but just 8 percent said that was a priority for the company overall. One of the largest ways it can do so is for risk management. There are other ways CFOs are being pulled in two directions, too.

CFO 51

CFO Strategic Planning Corporate Finance Risk Management 51

PYMNTS

JULY 6, 2017

The largest financial institutions, he said, can build propriety solutions in-house to integrate push payments — but these emerging FinTechs in alternative and marketplace lending spheres should have a partner to ensure solutions are Payment Card Industry (PCI) compliant and have proper risk management capabilities in place.

Risk Management 40

Risk Management Reconciliations Invoicing Compliance 40

PYMNTS

SEPTEMBER 20, 2018

Requirements around the recording of digital data — for instance, newer rules on Hours of Service records and electronic recording of drivers’ hours worked — have industry players adopting tools to maintain compliance. “That’s a huge trend.” ”

Accounting 63

Accounting Invoicing Accounts Payable Transportation 63

PYMNTS

MAY 27, 2020

This week’s look at the latest in payments rails innovation finds players including Mastercard, Aflex and Paycor targeting existing card and ACH rails to expand their use for corporates, with a focus on reconciliation, data capture and transparency. CUs Move Closer to RTP. In an embrace of one of the newest payment rails in the U.S.,

Reconciliations 92

Reconciliations B2B Compliance Risk Management 92

PYMNTS

NOVEMBER 3, 2020

The release stated firms have more often been looking for data to validate their own internal counterparty and credit risk assessment. Firms can bolster risk management, loan and debt underwriting, portfolio optimization, supply chain risk management and investment idea generation, the release stated.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

The Finance Weekly

OCTOBER 13, 2021

Organizations may , eliminate many of the manual processes that stymie a company's ability to accomplish a speedy financial closure by employing AI and machine learning to automate financial close processes including account reconciliation and reporting. Centralize risk management activities. Secure a quick win.

Mergers and Acquisitions (M&A) 52

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

Spreadym

OCTOBER 20, 2023

Currency Risk Management: Businesses can use multi-currency account reporting to manage currency risk. Tax Reporting: For businesses operating internationally, multi-currency account reporting can help simplify tax reporting and compliance. It provides accurate records for tax authorities in multiple jurisdictions.

Currencies 52

Currencies Accounting Risk Management Compliance 52

CFO Leadership

MARCH 31, 2022

They need global structures, processes and policies that facilitate efficiency, visibility, control, security, and compliance. Using simple tools, such as spreadsheets , or disparate solutions to manage complex operations leads to inefficiencies and errors. Improve security and compliance, while preventing fraud, and cyber risk.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

Planful

JUNE 3, 2021

Eliminate manual tasks, overcome information silos, and ensure compliance while creating these statements, even as the company scales. Manual reconciliation is the most frustrating aspect of creating consolidated financial statements. Keep Up With Compliance as Your Company Scales. Transform the Finance Consolidation Process.

Compliance 40

Compliance Reconciliations Currencies Finance 40

Strategic Treasurer

MARCH 21, 2022

Data related to bank account management and reconciliation practices is also gathered for a more comprehensive view of how various treasury operations impact security. Cyber Risk Management and Data Protection Policies. Bank Account Management, Reconciliation & Compliance Practices.

Treasury 52

Treasury Reconciliations Education Risk Management 52