Future CFO

SEPTEMBER 14, 2023

The company recently released results of its 2023 Tax Transformation Trends survey, a biannual effort which details sentiments from more than 300 senior global tax and finance executives. Dramatic changes are putting tremendous pressure on tax departments. Tax isn’t just done in the tax department anymore.

Compliance 52

Compliance Finance Technology Investments 52

Future CFO

SEPTEMBER 21, 2023

At the FutureCFO conferences in Manila, Jakarta and Kuala Lumpur, at least half (perhaps more) of the finance professionals attending the local conferences raised their hands when asked who were using spreadsheets. Earthweb estimates there are up to 1.5 billion people who use Excel – Microsoft's version of the spreadsheet.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Planning Technology 98

PYMNTS

APRIL 10, 2020

Financial technology innovation has opened the doors to massive transformation of corporate finance departments. While flashy corporate FinTech is exciting, innovation efforts have rarely focused on a mainstay of corporate finance teams: the financial close process, a crucial, but continually outdated function.

Corporate Finance 87

Corporate Finance Accounts Payable Finance Treasury 87

PYMNTS

APRIL 9, 2020

The new functionality brings in hundreds of enterprise resource planning (ERP) and accounting software options that can integrate with the AP automation solution of MineralTree. They also let finance departments work from any place where an internet connection is available. “By

Accounts Payable 76

Accounts Payable Invoicing Accounting Economics 76

Beacon CFO Plus

FEBRUARY 16, 2022

Benefits of a Virtual CFO: Implementing an ERP System. For example, has your organization thought about using ERP (enterprise resource planning) software? But have you taken the time to select and implement an ERP system? What Is an ERP System? by Rob Joseph, Director, BeaconCFO Plus. The answer is probably yes.

CFO 52

CFO Prioritization Invoicing Planning 52

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

The Finance Weekly

APRIL 12, 2022

For many accounting and finance professionals, being a chief financial officer (CFO) is a career highlight. Taking that next step towards the finance executive table, whether you have 10, 20, or even 30 years of expertise in finance, is no easy task. However, getting there is only the start of the journey.

Financial Planning and Analysis (FP&A) 98

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

Spreadym

OCTOBER 3, 2023

FP&A candidates typically have a background in finance, accounting, or a related field and possess a combination of skills and knowledge in financial analysis, modeling, and strategic planning. They play a critical role in helping companies make informed financial decisions and allocate resources effectively.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Financial Analysis Budgeting Financial Modeling 59

PYMNTS

JULY 22, 2020

“Technological advancements have paved the way for businesses to adopt automated solutions in less than 30 days, with no massive ERP system upgrade projects required.”. Recent events have irrevocably changed the way finance departments operate, bringing to light glaring issues with the current processes. Fool me twice?

Accounts Payable 60

Accounts Payable Accounting Invoicing B2B 60

CFO Talks

MARCH 14, 2024

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

Prioritization 52

Prioritization CFO Leverage Risk Management 52

https://trustedcfosolutions.com/feed/

DECEMBER 26, 2021

The best way to increase the efficiency of your finance team is to move to cloud financials. Sage Intacct’s cloud financial management has helped thousands of companies like yours achieve some impressive results: 400% growth over 5 years while keeping finance overhead flat. Kim Wegener, Director of Finance, Powell’s Books.

CFO 70

CFO Finance Financial Systems Accounting 70

Centage

APRIL 28, 2022

Back in 2019, Centage made waves when it announced the availability of Planning Maestro , the first-ever FP&A platform designed specifically for the mid-size market. Up until the release of Planning Maestro, only enterprise-sized companies could afford the expense of automated and intelligent cloud-based FP&A technologies. Vision Achieved.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Finance Budgeting 98

Centage

DECEMBER 15, 2022

In many cases, it’s the business managers who need to do the investigating, not the finance team. That means a company’s functional heads – VP of Sales, Customer Care, Operations – also need the ability to run reports that monitor how their departments are performing. The Trouble with Using Spreadsheets.

Financial Reporting 98

Financial Reporting Financial Planning and Analysis (FP&A) Forecasting Profit and Loss 98

Centage

MARCH 7, 2023

At Centage, we’re committed to equipping finance teams to meet this challenge by providing automated, cloud FP&A software solutions that make it easy to perform the detailed, bottom-up budgeting and sophisticated scenario analysis needed to spot risks and opportunities early. So how are CFOs shifting their goals for 2023?

Financial Planning and Analysis (FP&A) 98

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

The Finance Weekly

DECEMBER 22, 2022

As the outlook for the 2023 economy becomes more uncertain, finance professionals are looking to invest in technology that increases organizational efficiency and contributes to strategic decision-making. First things first: despite any misguided "Excel is dead" stories you may encounter in the upcoming weeks, Excel won't disappear in 2023.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Prioritization 98

VCFO

MAY 14, 2022

Elbert is a senior finance professional with nearly three decades of experience in financial reporting and analysis, banking and credit relationships, treasury-cash management, profit improvement, budgeting and forecasting, and e-commerce across multiple industries. Missouri Walnut, and Advanced Sleep. About vcfo.

CFO 52

CFO Treasury Leadership Cash Management 52

PYMNTS

FEBRUARY 25, 2020

Businesses looking to adopt cloud-based ERP solutions can run into a number of logistical, organizational and even social hurdles that can slow or even halt such systems’ successful integration into companies’ broader accounts payable (AP) operations. I think we are going to see a much more integrated financing side,” Haimes explained. “I

Accounts Payable 61

Accounts Payable Invoicing Education Finance 61

PYMNTS

APRIL 13, 2020

Enterprise resource planning (ERP) solution company OSAS is coming out with a new program, Traverse Global Service, which will allow companies working in food service, industrial equipment and other field work industries to improve their services, according to a press release.

Finance 56

Finance Sales Technology Numbers 56

PYMNTS

DECEMBER 29, 2020

With the pandemic forcing accounts payable (AP) and accounts receivable (AR) departments to hit the gas on their digitization roadmaps, finance leaders are grappling with an accelerated pace of change that can, at times, be overwhelming. The Need For Change.

B2B 82

B2B Accounts Payable Invoicing Reconciliations 82

Future CFO

FEBRUARY 16, 2023

Future CFO: How can APAC business leaders continue to attract and retain top finance talent during this economic downturn? Future CFO: How can APAC business leaders continue to attract and retain top finance talent during this economic downturn? Cost cutting might be the first thing that comes to mind when there's economic uncertainty.

CFO 52

CFO Finance Economics Leverage 52

PYMNTS

JANUARY 26, 2021

The release says the tools "integrate seamlessly" with the tools already there for banking and ERP solutions. As the world moves towards a token economy, finance teams are faced with an opportunity to modernise their business today so they can safely integrate digital assets tomorrow,” Sully said.

Treasury 52

Treasury Construction Risk Management Finance 52

The Finance Weekly

DECEMBER 30, 2021

Business intelligence, data security, and and has proved particularly effective for finance departments, given the recent powerful innovations in finance technologies. With only two days left in another tumultuous year, the period for the wave of behavioral changes is near. As a result, the priority is more existential.

Financial Planning and Analysis (FP&A) 52

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

PYMNTS

MARCH 21, 2019

Typically, the AP department will struggle to just pay on time or reasonably late,” he told PYMNTS. Typically, the AP department will struggle to just pay on time or reasonably late,” he told PYMNTS. Solutions must also work across different ERP systems, he said, because the future may be unpredictable.

Accounts Payable 48

Accounts Payable Invoicing Compliance SAP 48

Spreadym

AUGUST 17, 2023

Customization : Users can often customize the dashboard to display the specific KPIs and metrics that are relevant to their business or department. Data Integration : Dashboards often pull data from various sources, such as accounting software, ERP systems, CRM systems, and other data repositories.

Financial Reporting 52

Financial Reporting CFO Cash Flow Forecasting Budgeting 52

Future CFO

MAY 22, 2022

"ESG has become a popular shorthand for all the non-financial issues that affect business and investor success. It stands for environmental, social and governance and represents a range of criteria companies use to help run themselves responsibly – and report the outcomes of their ESG practices to investors and others." James' Place.

CFO 52

CFO SAP Finance Economics 52

PYMNTS

NOVEMBER 19, 2019

As companies grow and transform, they need to modernize their finance operations, transitioning AP and AR departments from cost-centers to profit-centers by providing tools that turn their finance teams into ‘revenue heroes.’”. “AP The company announced Tuesday (Nov.

Accounts Payable 43

Accounts Payable B2B Invoicing Accounting 43

Future CFO

JULY 30, 2020

However, the changed, driver-based approach requires not only close collaboration between the finance department and the specialist departments, but also clean and correctly linked data and a tool suitable for management that can be used without programming knowledge. The preparation of annual budgets is very time-consuming.

Technology 40

Technology Planning Budgeting Forecasting 40

Future CFO

AUGUST 30, 2021

What makes for a sought-after chief finance professional (CFO)? These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances. McKinsey says that in the past decade, the finance department has successfully reduced costs by almost 30%. But these are table stakes of the profession.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Problem Solving 52

PYMNTS

JULY 2, 2020

Often at the center of this initiative is the accounts payable (AP) department — and unsurprisingly for these volatile times, the strategy can turn toward lengthening the days payable outstanding (DPO). “On the buyer side, utilizing cards and shifting away from checks, wire and ACH provides a new credit instrument.”

Economics 104

Economics Accounts Payable B2B Reconciliations 104

Future CFO

OCTOBER 23, 2019

While companies and their finance functions need to have clean data to achieve success in digital transformation, they must also deal with issues such as data silos and data visibility. Finance staff draws information from excel spreadsheets, the organization’s ERP systems, and other different silos of information to make manual exports.

Finance 40

Finance Reconciliations Communication CFO 40

Centage

JANUARY 3, 2024

As we ring in a new year and brace for all of the opportunities and challenges it will bring, one resolution should be near the top of the list for finance professionals: embracing flexible financial forecasting to future-proof your annual budget. Financial forecasting gives businesses the agility to adapt to changing conditions.

Forecasting 52

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

The Finance Weekly

AUGUST 30, 2022

Historically, FP&A teams primarily existed as a separate department, mostly among large and established companies. FP&A is no longer a separate entity that works only with the finance department. But all of that has changed. , Most important, is the size and speed of data. By 2025, this amount is expected to double.

Financial Planning and Analysis (FP&A) 95

Financial Planning and Analysis (FP&A) Budgeting Analyzing Data Startups 95

PYMNTS

NOVEMBER 12, 2020

Contextual banking will change the way traditional financial institutions (FIs) interact with their business clients. In an interview with PYMNTS, Lisa Shields , founder and CEO of FISPAN said advanced technologies can help capture new types of data — and leverage that data to offer more relevant products and services. Shields said.

Banking 88

Banking Invoicing Reconciliations Treasury 88

PYMNTS

MAY 22, 2020

Along the way, he added, what may have once been considered optional and interesting for Citi’s institutional clients – and, in particular, treasury departments – has become fundamental and critical. The pandemic is accelerating the shift to digital at speeds no one could have imagined just a few months ago.

Treasury 93

Treasury Numbers Forecasting Leverage 93

PYMNTS

NOVEMBER 20, 2020

For instance, Chegg already uses NetSuite's ERP system, and the company adopted additional functionality offered by NetSuite for a more seamless adoption process. The name of the game is digitization for organizations across all industries, thanks to the "new normal" of working from home amid the pandemic. Embracing Existing Partners.

CFO 87

CFO Education Auditing Communication 87

Planful

FEBRUARY 2, 2017

Getting all of the various departments of an organization aligned around goals and objectives is a critical starting point. Ultimately, this allows manager to respond quickly when the business or department is not performing to plan and to make adjustments to ensure they meet business objectives. So here goes. What is EPM?

Budgeting 40

Budgeting Forecasting Analyzing Data Finance 40

Future CFO

MARCH 29, 2021

Prior to 2020, we heard discussions about the importance of automation to the finance function. FutureCFO spoke to Marcus Rex, managing director for Asia-Pacific, xSuite, for his perspective on how finance automation in general, and accounts payable in particularly, can help transform finance into a profit centre.

Accounts Payable 52

Accounts Payable Accounting SAP Invoicing 52