Centage

SEPTEMBER 6, 2022

Bank reconciliation: Because employees can quickly modify or change numbers, you may run into false reconciliations. Without separation of duties or an audit that can track who has had access to the data, fraud can occur. Vendor master files: Anyone with access to your spreadsheet may be able to change your Vendor Master File.

Securities 52

Securities Cash Flow Forecasting Budgeting Forecasting 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.

Financial Planning and Analysis (FP&A) 115

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

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?’ “Customers are realizing, ‘What do I need an accountant for?'” ” Jones explained. ”

Accounting 61

Accounting Compliance Reconciliations CFO 61

Future CFO

AUGUST 19, 2021

Implementing intelligent automation does not mean removing the human component of the work processes in the finance function, said Dr Hanny Kusnadi, Senior Lecturer at the Department of Accounting at NUS Business School, who was involved in data analysis for the report. “On

Accounts Payable 40

Accounts Payable Treasury Risk Management Finance 40

Planful

JANUARY 11, 2022

As technology crunches the growing volumes of data, soft skills like critical thinking, problem-solving, and communication will become crucial for Finance to succeed. #1 Without AI, employees are burdened with hours of monotonous tasks like reporting and data reconciliation. 1 – Move your data to the cloud.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40

Planful

DECEMBER 28, 2016

Financial close process workflow, account reconciliations, and disclosure management software. Master Data Management (MDM) solutions. One of the biggest benefits of a fast close is that the finance team spends less time data gathering, and can focus more time on data analysis.

Benchmarking 40

Benchmarking Reconciliations Data Analysis Technology 40

PYMNTS

JULY 17, 2018

Each travel reservation is assigned a unique token allowing managers to establish parameters for what can be charged, while the token is also used to facilitate reconciliation. The tool enables companies to pay travel suppliers with a single use virtual card number. ” .

Accounts Payable 40

Accounts Payable Reconciliations Data Analysis Securities 40

PYMNTS

SEPTEMBER 12, 2018

“We found that by helping large corporates de-risk their supply chains with their accounts payable and reconciliation processes, we were able to leverage the relationship with their supplier network to reach a large number of suppliers,” Caicedo told PYMNTS.

Finance 40

Finance Accounts Payable Invoicing Reconciliations 40