Sat.Jul 10, 2021 - Fri.Jul 16, 2021

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WHITE PAPER - Enterprise Payment Optimization

Simply Treasury

Download the White Paper here

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Discover how to drive cost, time, and efficiency gains with the power of PlanIQ

Anaplan

This is the final blog in our three-part series that explores how intelligent forecasting tools can optimize business outcomes.?Our first blog shared the important role of artificial intelligence (AI), and machine learning (ML) in intelligent forecasting and the challenges that business leaders face around adoption. The second installment detailed the aspects of intelligent planning that […].

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6 things AR automation can do (that your ERP system cant)

Future CFO

The AR modules offered by ERP systems are good for many things. But it is what they cannot do that often makes the difference between a top-performing AR department and one that’s just skating by. This Esker ebook explores how AR automation can make your processes run more efficiently that translate into strategic business benefits like: New opportunities due to an improved customer experience.

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Being Planful: Helpful FP&A Resources

Planful

Looking forward has become the trend as CFOs start to solidify office reopening plans and focus more on non-pandemic concerns. Issues like data quality, getting better aligned with Sales, and surprisingly, climate change are taking up more FP&A bandwidth, which underscores the need for Finance to have a deeper understanding of more areas of the […].

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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François Masquelier (Simply Treasury): Small is Beautiful

Simply Treasury

Although the large IT vendors are necessary to properly serve large MNCs, we must accept that they cannot solve every single problem and that fintech’s may be solutions to problems often faced. There is a bias consisting of over-sizing solutions, perceived as sort of kitchen robots by treasurers and CFOs. The solution can be often found in emerging fintechs, for those who take time to contemplate existing and performing solutions to complete and fulfil their IT panoply of tools.

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Is customer experience a priority for accounts receivable?

Future CFO

Customer service shouldn’t be conditional — if a customer is involved in any capacity, providing an optimal customer experience should be a top priority. Yes, that includes the often-taxing collections processes. Customer service doesn’t stop when companies are dealing with outstanding customer accounts. When it comes to the collections process, companies that remain focused on delivering exceptional service, having honest and consistent communication, and treating every customer with respect —

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Don’t Call it Your Dream, Call it Your Plan

The CFO Centre

Life through a lens One of the toughest challenges for owners of SMEs is to be able to stand back, to look at their business through a wide-angle lens and identify what it is they really have. Because quite often, the day-to-day distractions and diversions that inevitably surround the running of a successful business – […]. The post Don’t Call it Your Dream, Call it Your Plan appeared first on CFO Center USA.

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Volmaggedon, Decarbonizing Everything: Financial Analysts Journal Editor’s Snapshot

CFA Institute

Financial Analysts Journal managing editor Heidi Raubenheimer, PhD, CFA, provides a synopsis of the latest issue.

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Disclosure Dilemma: When more (data) leads to less (information)!

Musings on Markets

In the last few decades, as disclosure requirements for publicly traded firms have increased, annual reports and regulatory filings have become heftier. Some of this surge can be attributed to companies becoming more complex and geographically diversified, but much of it can be traced to increased disclosure requirements from accounting rule writers and market regulators.

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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Scholastics' journey to successful SSC

Future CFO

Scholastic, one of the world’s largest publisher and distributor of children’s books and educational materials with $1.6 billion in annual revenue. Products are distributed through retail and online sales and through schools via reading clubs and fairs. Looking to centralise accounting and achieve global efficiency, the company set up a Shared Services Centre (SSC) in Kuala Lumpur, Malaysia.

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The Best Time to Make a Profit is ALWAYS

Michigan CFO

It should be a fairly straight-forward answer, right? But if you’re Uber, the answer is seemingly “someday… hopefully”. Uber lost $2.8 Billion in 2016. $2.8 BILLION. And in Q1 of 2017, investors were pleased the company reduced its quarterly loss to $708M from the Q4 2016 loss of $991M. From CNNtech: “To many readers, the loss is nothing short of staggering.

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Resilience in People Operations: 5 Ways to Extinguish Today’s Fires for Tomorrow’s Success

Planful

A few months ago, I was a guest on the RecruitingLive podcast, which is produced by William Tincup, president of RecruitingDaily. It’s always fun to talk about people operations from a strategic standpoint and to share my insights with the broader HR community. But, even as our discussion segued from workforce modeling to people operations […].

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UK CFOs prepare for growth amid spending boom, Deloitte finds

Accountancy Today

CFOs across the UK are readying themselves for a surge in spending over the coming months, according to Deloitte’s UK CFO Survey Q2 2021. . The move marks a shift away from last year’s top priority of cost reduction, according to the survey, as over three-quarters of CFOs (71%) expect rises in capital expenditure. In addition, 76% anticipate increases in hiring over the year ahead, with expectations for both at their highest levels in almost seven years.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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LinPepCo’s AR automation transformation

Future CFO

Building and sustaining a successful enterprise demands a keen understanding of when and how to address potential issues — turning what could be a critical weakness into a value-added strength. As a Pepsi-Cola franchisee with 25 years in the distribution business, LinPepCo had the intuition to make a change in their accounts receivable (AR) collections process.

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ESG: Full Speed Ahead, with GPS

CFA Institute

The Index Industry Association (IIA) surveyed 300 asset managers about how they perceive ESG.

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Why Companies Should Automate Financial Planning

Planful

The larger an organization, the greater the need for better financial planning and analysis (FP&A). You’re dealing with massive amounts of data, and you’re often under intense pressure to provide timely insights. Any delays or mistakes in financial planning could have catastrophic consequences. Many companies today are struggling to meet these expectations in their financial […].

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P2P DX with Esker: how automation changes the game for businesses

Future CFO

Today’s business landscape is ever-evolving, tech-driven and increasingly competitive, making it even more important for organizations to become as efficient and agile as possible. But strangely enough, a majority of businesses have yet to realize the strategic value and competitive edge that could be achieved by digitally transforming procure-to-pay (P2P) functions.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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7 ways to better manage cash with AP automation

Future CFO

In a time like this, maintaining strong cash flow is of utmost importance for businesses. Unfortunately for many organisations, large amounts of cash are being tied up in inefficient, back-office finance functions, and they are quickly realising that digitising accounts payable (AP) processes is the first step in building a robust continuity plan that frees up that cash and promotes future profitability.

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Failed payments cost global economy US$118.5B in 2020

Future CFO

The cost of failed payments is estimated to have cost the global economy US$118.5 billion in fees, labor and lost business in 2020, said Accuity recently when releasing results of a survey. A failed payment is a payment rejected by a beneficiary bank or an intermediary bank in the payment flow, said the firm, adding that payments can fail for several reasons including inaccurate or incomplete information, data entry issues due to human error or poor reference data and validation tools.

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Does your organisation suffer from ineffective contracting processes?

Future CFO

Ineffective contracting processes on average lead to more than 9% contract value erosion, said KPMG recently when releasing results of a jointly conducted global survey of more than 340 executives by the firm and World Commerce & Contracting (WorldCC) in Q1 of 2021. While almost 90% of organisations have ineffective and fragmented contracting processes, 76% of organisations want to prioritise the digitalisation of contracts, survey results indicate.

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SWIFT launches payment pre-validation service

Future CFO

SWIFT recently announced the launch of its new Payment Pre-validation service, saying it’s a core building block in its strategy to drive instant and frictionless transactions worldwide. . Most cross-border payments are processed without issue, but one of the leading causes for those that fail or lose time is incorrect beneficiary information — from misspelled names to transposed account numbers, the cooperative noted.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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Low- or High-Volatility: Which Wins the Return Battle?

CFA Institute

Are low-volatility or high-volatility strategies the better choice when it comes to equity returns?

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AI & RPA: The Technology powering P2P digital Transformation

Future CFO

The smartphone in your hand, the curated playlist you’re streaming, the electronic payslip you receive every month — Robotic Process Automation (RPA) and Artificial Intelligence (AI) are almost unavoidable in our everyday lives. And soon, the same will be said about the business landscape overall. This short and to-the-point eBook from Esker explores the technology behind digital transformation — RPA and AI.

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Esker Anywhere™: Mobile AP Invoice and Purchase Requisition Approval

Future CFO

Esker Anywhere is a mobile application that gives managers the ability to review, approve, and reject purchase requisitions and supplier invoices while out of the office. It enables purchase requisition approval capabilities in addition to supplier invoice approvals. Esker Anywhere provides on-the-road accessibility for managers who approve invoices and purchase requisitions before payment, enabling them to quickly resolve exceptions and approvals, resulting in excellent supplier relationships a

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How AP & AR are coming together to better manage cash

Future CFO

CFOs are generally hands-off when it comes to leading the charge for AP and AR automation initiatives. The COVID-19 pandemic, however, raised the critical issue of cashflow from both the buyer and supplier side. As a result, CFOs need to be taking matters into their own hands. In a recent study, Chief Analyst at Kisaco Research , Michael Azoff stated, “I have always found that when C-level executives are behind a technology initiative then it is more likely to succeed.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.