Future CFO

OCTOBER 1, 2023

CIO, chief data officer, chief information security officer) to distinguish hype from reality and share results with other executive leadership team members. However, the extensive number of parameters and connections used to create these outputs prevent any transparent reconciliation of the algorithm’s response.

Leadership 52

Leadership Reconciliations Auditing Compliance 52

PYMNTS

JANUARY 19, 2021

NAB will add Eedenbull’s Q Business platform to its offering to help SMBs track and manage spend, as well as to automate compliance controls. The collaboration is part of Eedenbull’s efforts to expand globally after having secured 65 banking partnerships across Europe, according to a report. BNL Goes Live With Tink.

Banking 136

Banking Reconciliations Compliance Finance 136

https://trustedcfosolutions.com/feed/

APRIL 5, 2023

Allows user-defined workflows to improve efficiency, compliance, and transparency, providing consistent audit trail visibility. Accruals and reversals are automated, and entries are visible at all times, reducing the manual work needed for journal entries and reconciliations. Customize Your Chart of Accounts With Dimensions.

General Ledger 62

General Ledger Reconciliations Accounting Standards Auditing 62

PYMNTS

APRIL 7, 2019

The enhancements improve the payment-to-settlement time, increase security and reduce costs for both payers and receivers by further automating and streamlining reconciliation of the growing number of international payments coming from different countries in different currencies,” the company said.

Reconciliations 62

Reconciliations Currencies Invoicing Compliance 62

PYMNTS

OCTOBER 29, 2020

Customers expect payments to be as fast and friction-free as any other part of their digital lives, and providers are faced with the challenge of meeting this expectation while also ensuring that payments are secure and compliant with regulatory requirements. Delivering on those expectations can be a double-edged sword, however.

B2B 85

B2B Compliance Reconciliations Leverage 85

CFO News Room

NOVEMBER 2, 2022

In the United States, Registered Investment Advisers (RIAs) are required to register in one of 2 ways: with the Federal government (namely the SEC) or with one (or more) state securities regulatory agencies. Compliance policies and procedures manual. Author: Chris Stanley. Guest Contributor. The Brochure Supplement – Form ADV Part 2B.

Compliance 130

Compliance GAAP Investments Advertising 130

CFO Leadership

OCTOBER 10, 2023

Many have since advanced to intelligent process automation (IPA) — RPA amplified with artificial intelligence (AI) — to streamline and improve more complex work, from tax and compliance reporting to financial statement reconciliation. What data governance, privacy and security procedures do we have in place or need?

Financial Planning and Analysis (FP&A) 115

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

PYMNTS

FEBRUARY 18, 2020

This creates new security challenges as firms must learn to centrally manage their fraud protection methods while also gauging threats across many different channels. FIs and PSPs in Europe are particularly interested in robust fraud-busting technologies for SCA compliance, which is mandated under PSD2.

Foreign Exchange 52

Foreign Exchange Reconciliations Compliance Banking 52

CFO Talks

MARCH 20, 2024

Accounting Responsibilities: Both the CFO and Controller collaborate on overseeing the annual audit, ensuring thoroughness and compliance. The completion of bank reconciliations and management reports falls under the Controller’s purview, who also prepares and issues financial statements.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

PYMNTS

FEBRUARY 20, 2020

The platform combines both incoming and outgoing payment capabilities with reporting and reconciliation that is industry specific. platform has a mission of helping insurers increase their customer retention while also helping them to draw down costs and handle compliance and security issues. The One Inc. founder and CEO.

Reconciliations 56

Reconciliations Compliance Leverage Securities 56

CFO News Room

NOVEMBER 30, 2022

And yet, despite the prominent role of taxes in financial planning, advisors are often prohibited by their compliance departments from making recommendations for a specific course of action on a certain tax strategy.

Tax Planning 130

Tax Planning Compliance Planning Communication 130

PYMNTS

APRIL 3, 2020

There is a lot to consider, said Manish Vrishaketu, chief operating officer at supplier payments automation firm Tipalti , from vendor onboarding processes to tax compliance across borders. ” From Onboarding to Compliance. . ” From Onboarding to Compliance. A Payments Balancing Act.

Accounts Payable 52

Accounts Payable Reconciliations Compliance Invoicing 52

PYMNTS

DECEMBER 17, 2019

They can adopt technology to automate various aspects of checks, from printing to generation to submission and, on the accounts receivable side, processing and reconciliation. Today, there are two key methods for how a company can address the pain point of checks. The Check-To-ACH Migration. Checks are clunky. However, they persist.

B2B 52

B2B Reconciliations Compliance Accounting 52

Future CFO

AUGUST 2, 2020

At the same time, the disadvantages are unavoidable – prone to errors, time-consuming, lacking in modern data security & compliance standards, and often become simply unmaintainable over time. Excel remains the de facto standard for planning – users can quickly, cost-effectively and independently conduct budgeting, and forecasting.

Planning 40

Planning Reconciliations Budgeting Auditing 40

Bramasol

APRIL 15, 2024

In this new post, we get more granular to provide an update on how AI and Gen AI can enhance productivity, insights, and results in finance applications such as order-to-cash to compliance (OTC 2 ), along with a look at how new SAP AI initiatives are key to this transformation. As with Scenario One, unified and consistent data will be key.

SAP 90

SAP Financial Planning and Analysis (FP&A) Compliance Reconciliations 90

PYMNTS

MAY 13, 2020

to China within only a few hours in order to secure a PPE shipment for healthcare providers. She and a group of volunteers are working to facilitate the procurement of PPE from that distributor for Boston-area hospitals, and so far have secured 1.4 The ability to quickly, securely and efficiently move funds within a day from the U.S.

Healthcare 81

Healthcare B2B Foreign Exchange Nonprofit 81

PYMNTS

DECEMBER 10, 2019

And what a time it’s been, including for cross-border payments and the travel industry — the main subject of a fresh PYMNTS interview with Peter Butterfield, chief compliance officer at Flywire , which provides global payment services. Reconciliation, billing and collection practices must work in a seamless fashion,” he said.

Reconciliations 55

Reconciliations Construction Compliance B2B 55

PYMNTS

SEPTEMBER 29, 2017

But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance. Compliance with domestic and international standards is considered a must,” Beaulande recently told PYMNTS. Staying Updated.

Treasury 56

Treasury Banking Compliance Risk Management 56

PYMNTS

MAY 6, 2019

Security and Recordkeeping. In addition, card payments require compliance with the Payment Card Industry Data Security Standard, which can be expensive to maintain. Push payments’ simplicity can also streamline reconciliation in B2B situations. The company now instantly pays drivers after they conclude their shifts. .

B2C 44

B2C Reconciliations Invoicing Securities 44

Future CFO

MAY 15, 2022

A secure e-invoicing network that links a global ecosystem of business entities can come in handy. If large buyers of goods and services, such as the US, China and Japan were to further join the network, more companies will come on board and the system’s security and efficiency benefits can be extended to many more parties.

Invoicing 52

Invoicing Accounts Payable SAP Finance 52

PYMNTS

JUNE 15, 2018

Auto bank reconciliation will also be available to SMEs. In the Middle East , RAK Bank has said it will offer Sage accounting software to business banking customers, in an agreement that helps those firms manage value-added tax (VAT) compliance mandates. Using technology would cut costs that come in tandem with anti-fraud efforts.

Compliance 46

Compliance Reconciliations Invoicing Banking 46

The Finance Weekly

FEBRUARY 22, 2023

Hence, the CFO must be able to , narrate the financial story that complements the company's vision, strategy, and product offerings to secure and retain investors. An enterprising CFO takes responsibility for ensuring that heightened risk and compliance requirements do not impede the company's growth.

Startups 52

Startups Finance CFO Forecasting 52

PYMNTS

OCTOBER 26, 2018

For corporates, it’s the remittance detail of a transaction that supports settlement, reconciliation and enhanced data analytics for CFOs and treasurers to gain better insight and visibility into corporate finances. Furthermore, as Peters noted, the movement of this information must not only be complete and speedy, it must be secure.

Compliance 60

Compliance Reconciliations Banking Corporate Finance 60

PYMNTS

APRIL 19, 2019

“‘They’re just there for bookkeeping, bank reconciliation and payroll — what do I need you for when I can just do that myself?’ That’s particularly true when it comes to compliance and data security. “Customers are realizing, ‘What do I need an accountant for?'” In the U.K.,

Accounting 61

Accounting Compliance Reconciliations CFO 61

https://trustedcfosolutions.com/feed/

AUGUST 12, 2022

At its core, SOX compliance helps to ensure the accuracy of a company’s financial statements and protects the business from fraud, cyber-attacks, lawsuits, and more. ” Sage Intacct has your internal cybersecurity controls covered with a secure login process that features: Periodic password expiration. .”

Compliance 109

Compliance Reconciliations Auditing Securities 109

PYMNTS

JANUARY 26, 2017

Their collaboration means government agencies can not only ensure more secure payments but reduce misuse and waste of government funds. Transparency and security in government procurement processes is a challenge across the globe.

Reconciliations 40

Reconciliations Compliance Securities B2B 40

PYMNTS

SEPTEMBER 23, 2019

Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business unit to another or one country to another. Payments Speed and Security. As financial institutions gather for this year’s Sibos conference kicking off in London today (Sept.

B2B 49

B2B Banking Accounts Payable Corporate Finance 49

PYMNTS

JUNE 19, 2019

Increasingly, he added, spend compliance and control are driving organizations’ procurement digitization efforts. GoProcure aims to broaden organizations’ access to procurement data by including tail-spend purchases within the scope of data capture, thus promoting internal compliance and control.

Compliance 46

Compliance B2B Reconciliations Budgeting 46

PYMNTS

DECEMBER 12, 2017

By directly integrating the virtual card solution into the Travelport Smartpoint tool, travel agents can automate hotel payments and reconciliation while enhancing payment security, said Travelport. “As It will also prioritize the use of Conferma’s pioneering secure email for communication of booking details.”.

Reconciliations 40

Reconciliations Prioritization B2B Compliance 40

PYMNTS

MAY 26, 2016

Tipalti is launching its first-ever, end-to-end solution for accounts payable departments on the heels of news that the company secured an integration of its supplier payment solutions into the NetSuite SuiteCloud platform. ” The executive added that Tipalti’s new AP platform provides “unmatched automation.”

Accounts Payable 41

Accounts Payable Invoicing Reconciliations Compliance 41

PYMNTS

MARCH 17, 2020

While banks provide the global scale and security treasurers need, FinTechs can provide targeted solutions and an elevated user experience. If I’m real-time on the front end, how do I think about back-end reconciliation? But as Cao said, treasurers don’t necessarily have to choose one or the other when choosing to adopt new solutions.

Treasury 69

Treasury Reconciliations Banking Compliance 69

PYMNTS

OCTOBER 1, 2019

Beyond changing clearing and settlement capabilities, Ramsey told PYMNTS, FIs will have to retool the way they approach operations, bringing real-time processes to all functions, from reconciliation to customer service. As he noted, banks have depth of knowledge when it comes to compliance, while FinTech firms have strength in innovation.

B2B 69

B2B Reconciliations eCommerce Banking 69

PYMNTS

APRIL 20, 2016

There’s some benefits to a DLT system, according to the paper, wherein FIs “trust in a disseminated system” and there is simplicity in reconciliation of information. There is of course the ongoing need to be in compliance with regulatory compliance, which can be fluid.

Reconciliations 40

Reconciliations Compliance Currencies Technology 40

PYMNTS

JANUARY 19, 2017

Construction Act compliance, enhancing financial visibility and building stronger relationships with the supply chain,” said Open ECX CEO Matthew Jones in a statement. “WebContractor is designed to tackle the problems construction businesses face with effective subcontractor management, using technology to ease the burden of U.K.

Construction 43

Construction B2B Reconciliations Invoicing 43

PYMNTS

APRIL 12, 2016

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.”.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

DECEMBER 11, 2019

It is clear that as an industry we could do more to assure businesses of the security measures in place and demonstrate the tangible benefits of open banking and connected technology,” he added. Cash flow remains the No. 1 reason for small business failure, and with half of businesses that start in the U.K.

Banking 52

Banking Foreign Exchange Reconciliations B2B 52

PYMNTS

FEBRUARY 27, 2018

“Regardless of the reason, these methods can pose problems, including reduced spend visibility, making it difficult to both track and enforce policy compliance and to perform back-office functions, such as reconciliation and reimbursement as well,” said GBTA Foundation Director of Research Monica Sanchez in a statement when the report was published.

B2B 41

B2B Marketing Accounts Payable Reconciliations 41