Beacon CFO Plus

NOVEMBER 30, 2023

Define Roles and Responsibilities: The CFO typically focuses on financial strategy, planning, and management, while the accounting firm handles compliance, audits, and financial reporting. Risk Management: Both the CFO and the accounting firm should be involved in identifying and managing financial risks.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

PYMNTS

OCTOBER 16, 2019

The Cost of Compliance. Scandal and fraud tarnishing banks’ reputations aside, the impact that AML compliance controls have had on these banks’ bottom lines can’t be underestimated. And yet, per that same study, 30 percent rate at least one of their AML components as being either “not at all” or only “somewhat” effective.

Compliance 49

Compliance Banking Risk Management Budgeting 49

E78 Partners

APRIL 9, 2024

Amid these challenges, private equity funds must navigate the complexities of industry-specific compliance requirements while establishing a common risk management framework to manage cyber risks across their entire portfolio.

Investments 59

Investments Compliance Securities Benchmarking 59

Future CFO

OCTOBER 30, 2023

The advantages of seamless data integration have become profound as it brings in real-time visibility into financial operations, enabling treasury managers to monitor cash flows , assess risk exposure, and evaluate liquidity positions without delays.

Treasury 52

Treasury Foreign Exchange Risk Management Compliance 52

PYMNTS

JUNE 5, 2020

Financial Institutions (FIs) that adopt open banking allow third parties like FinTechs to integrate with their application programming interfaces (APIs) to provide personalized financial management and payment apps that draw on bank customers’ data. The federal entity is charged with monitoring the U.S. How To Quickly Fight KYC Fraud.

Securities 69

Securities Banking Leverage Accounting 69

CFO Leadership

JANUARY 25, 2024

The convergence relates to the fact that CFO priorities increasingly mirror the organization’s strategic priorities: Rapidly elevate the quality and reliability of ESG reporting, blunt the bruising impacts of inflation, fortify data security and privacy capabilities, and get new GenAI solutions in place. Inflation Reduction Act.

Financial Planning and Analysis (FP&A) 52

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

CFO Leadership

JANUARY 5, 2024

The convergence relates to the fact that CFO priorities increasingly mirror the organization’s strategic priorities: Rapidly elevate the quality and reliability of ESG reporting, blunt the bruising impacts of inflation, fortify data security and privacy capabilities, and get new GenAI solutions in place. Inflation Reduction Act.

Financial Planning and Analysis (FP&A) 52

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

Strategic Treasurer

APRIL 3, 2023

This research discovered how your fraud experiences and security practices has changed. Has your security framework been strengthened? What security threats are on the rise? Survey Results Treasury Fraud & Controls Thank you to all of those who participated in our 2023 Treasury Fraud & Controls survey.

Treasury 52

Treasury Reconciliations Education Risk Management 52

PYMNTS

JULY 5, 2018

The inner workings of such a relationship are complex, not only as banks ensure that their FinTech partners’ solutions can integrate seamlessly into existing operations and infrastructure, but as banks face increasing regulatory pressures around data security. Banks, meanwhile, enjoy out-of-the-box solutions.

Compliance 43

Compliance Banking Marketing Securities 43

Future CFO

MAY 1, 2023

As generative AI continues at a breakneck pace, organisations need to act now to formulate an enterprise-wide strategy for AI trust, risk and security management (AI TRiSM), said Gartner recently. For prompt engineering usage, all of these risk mitigation measures apply, she noted.

Risk Management 52

Risk Management Leverage Compliance Securities 52

PYMNTS

DECEMBER 29, 2020

With it, financial institutions need to strengthen their compliance to mitigate the risk of running afoul of the law. Certainly, the use and availability of cryptocurrencies is another emerging area that is contending with its own unique set of compliance issues, but it is also one Wingert said appears to be closing gaps in regulation.

Compliance 108

Compliance Prioritization Securities Banking 108

Future CFO

JUNE 12, 2023

This transformation signifies that CFOs are no longer passive observers or mere guardians of financial matters but have become essential collaborators in safeguarding the organization's digital security. Furthermore, CFOs can support CIOs and CSOs by implementing a comprehensive cybersecurity risk management framework.

Risk Management 52

Risk Management CFO Benchmarking Securities 52

Future CFO

FEBRUARY 4, 2024

Teams may also lack the skills required to develop a robust AI model, ranging from AI, data analytics to business acumen and risk management skills. 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

The Finance Weekly

JUNE 7, 2022

Hack may not be the most comforting word in describing cyber security strategies, but it is nonetheless of paramount importance to defend against cybersecurity breaches. However, despite all these threats, organizations can influence organizational behavior and reduce tactical errors to become more secure. Strategic mistakes 1.

Compliance 52

Compliance Risk Management Securities Prioritization 52

PYMNTS

APRIL 18, 2017

Banks and financial institutions spend billions of dollars to ensure they are meeting compliance requirements and properly managing risks. It’s satisfying key regulatory requirements, but at the end of the day it’s not providing the insight around managing your risks that it should.”.

Compliance 44

Compliance Startups Technology Investments 44

CFO Talks

FEBRUARY 9, 2024

As CFOs, it is essential to understand the financial implications of cybersecurity breaches and implement effective strategies to manage the rising costs associated with protecting organisational assets. Collaborate with risk management professionals to assess the organisation’s cyber insurance needs and secure appropriate coverage.

CFO 52

CFO Strategic Planning Leadership Education 52

Future CFO

AUGUST 1, 2023

Companies are increasingly seeking secure and compliant solutions to manage their financial data. According to IDC's 2023 Future SMB and midmarket survey, reducing business risk, sustainability, and employee productivity are the top three business priorities of the midmarket segment (mid-size enterprises) in Asia Pacific.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

CFO News Room

DECEMBER 16, 2022

Job security is always a concern when choosing a career, but some fields are more recession-proof than others. After all, people will always need financial services, whether investing their money , taking out loans, or managing their taxes. Chief Compliance Officer. One industry that tends to be recession-resistant is finance.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

Future CFO

DECEMBER 7, 2023

Enhanced Risk Management : CFOs should prioritise comprehensive risk assessments, focusing on the impacts of China’s debt situation on their business operations. This means keeping sufficient cash reserves and securing flexible credit facilities to ensure operational resilience amidst market volatility.

Economics 52

Economics Currencies Communication Risk Management 52

Spreadym

JULY 21, 2023

Mobile and Online Banking : Offering digital banking services through mobile applications and online platforms, enabling customers to access their accounts, make transactions, and manage investments conveniently. Digital transformation also aims to ensure compliance with data privacy regulations.

Finance 52

Finance Prioritization Compliance Leverage 52

VCFO

FEBRUARY 15, 2023

She is highly effective at executing finance function strategically, establishing financial and risk controls, and overseeing capital structure. Lee Ann’s depth and breadth of expertise includes board reporting, audit preparation, business plan development, market research and analysis, risk management, and capital requirements.

Auditing 52

Auditing CFO Risk Management Budgeting 52

Beacon CFO Plus

NOVEMBER 15, 2023

Access to Networks: Fractional CFOs often bring with them a network of contacts and resources in the financial industry, which can help you secure funding, partnerships, or financial services. Risk Management: Identifying and mitigating financial risks is crucial for SMEs.

CFO 52

CFO Budgeting Strategic Planning Financial Analysis 52

CFO Leadership

OCTOBER 10, 2023

Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns. While these tools can streamline operations, they may also inadvertently disclose proprietary or sensitive information if not properly managed.

Finance 95

Finance Accounting Auditing IFRS 95

VCFO

AUGUST 16, 2023

Working with vcfo’s finance experts , the business has been able to further codify its policies and procedures, secure interim bridges to ensure payroll and deposit continuity, and strengthen the information packages submitted to prospective new banking partners. These policies and procedures normally span several layers and lines of defense.

Compliance 87

Compliance Banking Risk Management Currencies 87

PYMNTS

SEPTEMBER 22, 2016

“For any regulated firm to thrive in the long term, consistent investment needs to be made in the risk, compliance and control functions.

Compliance 59

Compliance Risk Management Finance Investments 59

Spreadym

APRIL 27, 2023

Risk management: These tools help users identify and manage financial risks, such as market fluctuations, interest rate changes, and currency exchange rates. Read here how API can help manage planning and budgeting process in your business. APIs allow data to be shared between systems and automate tasks.

Financial Analysis 52

Financial Analysis Tax Planning Budgeting Forecasting 52

PYMNTS

NOVEMBER 26, 2019

Compliance with market standards and regulations allows us to provide our clients with legal security and convenience of using the exchange, with the participation of a friendly banking system and the availability of payment operators,” BitBay said. Department of Justice on illegal financial issues affecting national security.

Risk Management 56

Risk Management Compliance Currencies Securities 56

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

Future CFO

DECEMBER 31, 2019

As CAEs audit their data management practices, audit teams should pay special attention to security controls around data assets, data migration plans and backups for critical data assets. More than half of organisations, however, lack a formal data governance framework and a dedicated budget.

Auditing 52

Auditing Risk Management Budgeting Compliance 52

Strategic Treasurer

FEBRUARY 9, 2022

Description : The 2022 Treasury Fraud and Controls Survey recently closed, with respondents providing valuable data on multiple elements impacting fraud and security. Security practices employed (both human & technological). Cyber risk management and data protection policies.

Treasury 52

Treasury Securities Education Risk Management 52

CFO Simplified

MARCH 11, 2024

Compliance: Law firms must adhere to strict ethical and legal standards, both in their own operations and in representing clients. Risk Management : Legal work inherently involves risks that are generally more intensive than a typical business.

Profit and Loss 52

Profit and Loss CFO Risk Management Invoicing 52

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.

Treasury 56

Treasury Banking Compliance Risk Management 56

Boston Startup CFO

APRIL 3, 2023

If you lack knowledge in accounting principles, you open yourself up to many potential risks, including inaccurate financial statements which can hinder your ability to make informed decisions. Additionally, you open yourself up to compliance and audit issues, and you’ll potentially decrease your chances of securing funding and financing.

Accounting 52

Accounting Accounting Principles GAAP Compliance 52

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

NOVEMBER 15, 2018

Opus, the provider of global compliance and risk management solutions, announced Thursday (Nov. In a press release announcing the results of the survey of more than 1,000 CISOs and other security and risk professionals across the U.S. Opus said that in the U.S., Opus said that in the U.S.,

Risk Management 78

Risk Management Compliance Securities Technology 78

PYMNTS

DECEMBER 9, 2020

Developing a quick, seamless and secure onboarding process for financial institutions (FIs), lending startups and other financial services providers has long posed its trials. V-CIP’s biggest advantage is the elimination of risks associated with secure transmission and storage of documents.

Startups 70

Startups Compliance Risk Management Securities 70

CFO Leadership

OCTOBER 18, 2023

Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns. While these tools can streamline operations, they may also inadvertently disclose proprietary or sensitive information if not properly managed.

Finance 52

Finance Accounting Auditing IFRS 52