Future CFO

DECEMBER 18, 2023

In addition to three 2024 predictions for finance from SAP Concur executives , today we have two more from the company in the area of how cost-cutting measures will affect business travel as well as how corporate social responsibility (CSR), new distribution capability, and AI might change business travel.

Finance 52

Finance SAP Transportation Budgeting 52

Beacon CFO Plus

SEPTEMBER 6, 2023

Our fractional CFOs are positioned to help business owners and managers more effectively lead their companies to growth—and developing performance metrics starts with setting clear and specific goals. You must regularly review and analyze your KPIs—and adjust them as needed—in order to stay on top of progress and identify any problem areas.

Performance Measuring 52

Performance Measuring CFO Construction Leverage 52

CFO Leadership

APRIL 2, 2024

Key areas to consider implementing software to automate processes include billing and invoicing, budgeting and forecasting, accounts payable, accounts receivable, and close management. The start of 2024 saw several high-profile accounting mistakes with companies having to publicly correct their quarterly earnings statements.

Accounting 52

Accounting Compliance Accounts Payable Budgeting 52

PYMNTS

JANUARY 29, 2019

For businesses that do experience a high volume of exceptions, the AP department can remain a manual area of the enterprise, even with technological adoptions. A key component of this kind of intelligent matching is the ability for the system to integrate data from organizations’ enterprise resource planning (ERP) systems.

Accounts Payable 64

Accounts Payable Accounting Invoicing Technology 64

Future CFO

MAY 1, 2024

It is a think-out-of-a-box role, especially when you get to deal with a multitude of problems along the different facets of the company,” Ramon says, “it requires in-depth knowledge of not only accounting and finance but also on operational management, corporate governance, and a lot more.” Meanwhile, Francisco Ramon Jr.

Leadership 52

Leadership IFRS Finance Communication 52

Navigator SAP

APRIL 19, 2024

Integrations are essential components of enterprise resource planning solutions (ERP). ERP systems are broad. They are designed for running a business-end-to-end and encompassing all areas of operations including sales, production, financial management, human resources, and other parts of a business.

SAP 263

SAP Sales Planning 263

Future CFO

NOVEMBER 5, 2023

Gupta believes that the CFO must meticulously review the company’s financial fundamentals to address any vulnerabilities in its structure, ensuring that financial statements, cash flow management, and debt structures are rock-solid. Furthermore, an efficient Enterprise Resource Planning (ERP) system is the backbone of the company.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Benchmarking Risk Management 52

The Finance Weekly

APRIL 12, 2022

Get to know your finance and accounting team As a CFO, you are the leader of the finance function, and as a leader, you should seek to be a resource to your team. Familiarize yourself with the management team and board Keep in mind that finance is the most cross-functional business area of a company.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) CFO Budgeting Forecasting 98

PYMNTS

NOVEMBER 5, 2020

Pricing and payments are two key areas that tend to look vastly different in the B2B world than in the consumer arena. But for B2B vendors and suppliers, the unique needs of corporate customers cannot be ignored, making a consumer-like buying experience particularly complex. More Room For Optimization.

B2B 143

B2B eCommerce B2C Sales 143

CFO Leadership

APRIL 4, 2023

It did pretty well, making a list of seven risk areas including credit, market, operational, liquidity, cybersecurity, compliance, and reputation. Should CFOs Use ChatGPT For years, we’ve been anticipating the arrival of ubiquitous AI. But no use of AI has captured our collective imagination like ChatGPT. of its model.

Leadership 98

Leadership CFO Benchmarking Communication 98

The Finance Weekly

OCTOBER 8, 2023

Managing a small business comes with many challenges. To handle these challenges well, it's crucial to plan carefully and use efficient tools for managing finances. Business budgeting software is a specialized tool that helps companies plan, manage, and analyze their finances.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Financial Modeling Forecasting 52

PYMNTS

APRIL 14, 2020

In an interview with Karen Webster, Sairam Rangachari, global head of Digital Channels and Open Banking, Wholesale Payments at JPMorgan , said treasurers seeking to gain visibility into cash management can find application programming interfaces (APIs) to be a useful (and even critical) tool. Age And Complexity.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

VCFO

JUNE 29, 2023

How Cracks in Nonprofit Finance & Compliance Creep In Nonprofit CEOs rely on their organization’s CFO to provide sound fiscal management, ensure full compliance, and be strategic partners. work style, areas of expertise, experience) and what their expectations are. No Mission.” into the limelight.

Nonprofit 69

Nonprofit Finance CFO Compliance 69

The Finance Weekly

DECEMBER 30, 2021

In addition, revisit cash management and other controls, acquire adequate cyber insurance coverage, and develop contingency and recovery plans in case a cyberattack does happen. Until management stabilizes the business, worries about the next wave of technology are not as relevant, and should be put off. Business Stabilization.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Technology CFO Leverage 52

CFO Talks

MARCH 14, 2024

Beyond the Basics: 7 Key Focus Areas for New CFOs 1. They play a crucial role in strategic planning, risk management, and driving innovation, extending their influence far beyond the finance department. We emphasized the importance of communication, setting priorities, and the initial avoidance of hasty decisions.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

PYMNTS

JULY 9, 2020

RecVue , meanwhile, boasts a revenue management solution that can help companies going through a period of rapid growth in recurring revenue. According to the press release, RecVue’s product “can enhance any cloud or on-premise ERP solution in the areas of billing, revenue management, and partner compensation.”

IFRS 65

IFRS Compliance B2B Accounting Firms 65

PYMNTS

JUNE 17, 2020

The cloud-based spend management provider said the offering was created to assist small and medium-sized businesses (SMBs) by allowing for effectiveness and management during the complete accounts payable operation, according to an announcement. The firm said there is “great opportunity” for small businesses in the U.S.

Invoicing 52

Invoicing Accounts Payable Marketing Manufacturing 52

The Finance Weekly

MARCH 5, 2024

In contrast, larger companies, those with 150 to 500 employees, are shifting towards best-of-breed solutions in areas such as FP&A, payments, and payroll. This often involves replacing outdated ERP systems or implementing new cash management solutions. This question was tricky, and we were eager to see the results.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Leverage Cash Management 52

Future CFO

JANUARY 3, 2021

Future CFO: Some surveys indicate that companies expedite their digital transformation during the current pandemic while the finance function is interested in tech like RPA and e-invoicing. 79% of ASEAN organisations do not see talent as an important strategic asset and lack the proper tools and processes to manage it.

Planning 52

Planning CFO Communication Finance 52

PYMNTS

JUNE 10, 2020

In financial functions, adoption of procure-to-pay, expense management, accounts payable (AP), accounts receivable (AR) and other apps is on the rise — particularly as today’s corporates are forced to accelerate their cloud migrations to support remote working environments. A Connectivity Challenge. A Spectrum Of Maturity.

Accounts Payable 52

Accounts Payable Accounting Invoicing Leverage 52

Spreadym

AUGUST 17, 2023

Interactive Elements : Dashboards may include interactive features such as drill-down functionality, filters, and clickable elements that allow users to explore the data in greater detail and uncover insights. This is particularly valuable for executives, managers, and financial analysts.

Financial Reporting 52

Financial Reporting CFO Cash Flow Forecasting Budgeting 52

PYMNTS

JANUARY 22, 2021

For Ori Franco, chief financial officer at digital-first, female-focused healthcare service Nurx , the pandemic created an opportunity to initiate changes that were not previously considered as areas of potential optimization. On the back end, however, many workflows — payments included — remain stuck in the past. Remote Working Opportunity.

Healthcare 74

Healthcare Prioritization B2B Accounts Payable 74

PYMNTS

JANUARY 16, 2020

But there is another area of convergence for AR and AP. As more businesses embrace digital ERPs, accounting, AP and AR solutions, they’re tasked with toggling from one portal to another to initiate key functions like payments. This can mean major efficiency gains for businesses managing both AP and AR.

Accounts Payable 56

Accounts Payable Invoicing Treasury Education 56

PYMNTS

MARCH 1, 2017

According to a release , the bank’s Treasury and Trade Solutions (TTS) unit is rolling out the CitiConnect API to help treasury service providers link their own treasury and ERP solutions into Citi. Citi announced Tuesday (Feb. Citi added that it developed the API service in conjunction with several corporate clients.

Treasury 78

Treasury Banking eCommerce Accounting 78

PYMNTS

JULY 1, 2020

Rather, it accelerated the modernization efforts that many firms had put off for some time, particularly in financial functions of the enterprise. In a frenzy, organizations dove headfirst into their digital transformations as a result of the global pandemic. “This situation has accelerated some of these things. .

Accounts Payable 100

Accounts Payable SAP Invoicing Accounting 100

Future CFO

MAY 27, 2021

The C-suite can no longer afford for their tax functions to be consumed by routine compliance and reporting activities, said Deloitte recently when releasing results of its Tax Transformation Trends survey which collected responses from more than 300 tax and finance executives globally. . “To CFOs are beating the outsourcing drum the loudest.

Budgeting 40

Budgeting Compliance Finance Planning 40

PYMNTS

MARCH 6, 2019

Dell Boomi provides a mechanism for companies to implement a centralized solution that facilitates data aggregation and integration across multiple areas of the enterprise, the firms noted, adding that Dell Boomi will enable Vroozi to become functional in an enterprise with its existing ERP and other enterprise platforms.

Investments 51

Investments Marketing B2B 51

PYMNTS

OCTOBER 1, 2020

Beyond the particulars of check disbursements or ACHs (and the detailed instructions that accompany any payment between buyer and supplier), Disque said automating payments into enterprise resource planning (ERP) or cash management functions (thus eliminating manual touchpoints) are especially beneficial in a remote working environment.

Accounts Payable 77

Accounts Payable Cash Management Construction Invoicing 77

Spreadym

JUNE 6, 2023

They provide a roadmap for managing income, expenses, investments, and other financial activities. Cash flow management: Financial forecasts play a crucial role in managing cash flow effectively. Cash flow management: Financial forecasts play a crucial role in managing cash flow effectively.

Forecasting 52

Forecasting Budgeting Planning Financial Modeling 52

PYMNTS

NOVEMBER 21, 2018

Outsourcing key functions of the enterprise may allow professionals to finally turn their attention away from the minutiae of manual processes and toward more strategic, value-added activities. They index the information into their ERP systems, and then scan it back in again. But going it alone can quickly overwhelm a business.

Accounts Payable 63

Accounts Payable Invoicing Reconciliations Accounting 63

PYMNTS

JULY 18, 2018

The solution provides small business joint customers with a holistic business management offering, including payroll, accounting, banking, inventory and other back-office functions. Microsoft, KPMG Australia and the Commonwealth Bank of Australia (CBA) first announced the creation of WIISE in May. ”

B2B 40

B2B Healthcare Compliance Securities 40

PYMNTS

FEBRUARY 18, 2020

Unlike traditional B2B areas, where the supplier and customer have agreed upon pricing, and it is the exception when the payment amount does not equal the billed amount, “ he told PYMNTS, “it is standard practice in healthcare for a provider to bill one amount only to have the payer decide to pay a completely different amount.”.

Healthcare 52

Healthcare B2B Banking Technology 52

Planful

FEBRUARY 17, 2017

This release includes improvements in several areas, including better user experience, enhanced user productivity, improved reporting, and easier integration with NetSuite ERP. Within Planful Consolidation , we introduced enhanced “ Org by Period ” functionality. Here are the highlights of this release. Improved User Experience.

Planning 40

Planning Numbers 40

PYMNTS

AUGUST 15, 2018

But, he told PYMNTS, there are a few areas where the industry should perhaps reexamine its approach. ERP, accounting and other financial systems are migrating to the cloud, and with digitization now at the forefront, Scott said that businesses — particularly in the middle market — are ready to digitize their payments, too. In the U.S.,

B2B 40

B2B Accounts Payable B2C Reconciliations 40

Planful

AUGUST 17, 2017

Many organizations currently manage their EPM processes using Excel spreadsheets and email. It becomes too challenging to collect and share budgets, plans, and reports with large numbers of managers and staff in different functions and across multiple locations. Making the Leap From Excel. It’s quickly outgrown.

Budgeting 40

Budgeting Forecasting Currencies Leverage 40

PYMNTS

APRIL 3, 2020

For LockerDome, Lewis explained that one of the most glaring areas of inefficiencies in AP processes is the supplier payment itself. Post-payment processes like reconciliation, tax management and regulatory compliance come into play as other significant opportunities to boost efficiency through AP automation technology.

Accounts Payable 52

Accounts Payable Reconciliations Compliance Invoicing 52

Jedox Finance

AUGUST 2, 2022

However, organizations won’t be able to fully embrace the benefits of flexible, real-time planning without properly adapting to flexible new technology solutions designed to improve planning and enterprise performance management (EPM). Migrate or refresh? Table of Contents. The intersection of planning & technology.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Forecasting Planning 52