FASB studies AI use in financial data analysis
CFO Dive
MARCH 3, 2023
The surge in use of conversational artificial intelligence has prompted scrutiny of the technology’s role in financial decisions.
This site uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country we will assume you are from the United States. View our privacy policy and terms of use.
CFO Dive
MARCH 3, 2023
The surge in use of conversational artificial intelligence has prompted scrutiny of the technology’s role in financial decisions.
Cube Software
MAY 20, 2024
Why spring cleaning is essential to finance Spring cleaning your financial data is more than a routine checkāit's a critical practice that ensures healthy, efficient finance operations.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Back to Basics with Reconciliations
Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth
Less Stress, More Success: Accounting Best Practices & Processes for 2025
Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors
From Start to Scale: Driving Growth Through Seamless Payments Implementation
Simply Treasury
AUGUST 26, 2021
Like salmons in rivers, we need to swim upstream to find the best way to optimize this incredible but too often untapped asset.
Back to Basics with Reconciliations
Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth
Less Stress, More Success: Accounting Best Practices & Processes for 2025
Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors
From Start to Scale: Driving Growth Through Seamless Payments Implementation
PYMNTS
AUGUST 2, 2019
In a recently reported data breach, Poshmark said it recently learned that an unauthorized third party acquired data from some users. The fashion marketplace company said the information does not include physical addresses or financial data, according to a web post.
PYMNTS
JULY 26, 2020
The announcement by the Consumer Financial Protection Bureau ( CFPB ) comes on the heels of a symposium it held in February which included experts from consumer groups, financial technology (FinTech) companies, trade groups, banks and data aggregators.
Future CFO
FEBRUARY 15, 2021
According to Terry Smagh , senior vice president & general manager, Asia Pacific & Japan, BlackLine, the company undertook the study is to understand and recognise the critical role that financial data plays in informing businesses about strategy and continuity, the poor visibility if any, and the lack of real-time access to data.
PYMNTS
APRIL 7, 2017
The approach to financial services for consumers and businesses is quite vast, but across the spectrum, access to and management of financial data is a critical component. Finicity , a company built for financial data aggregation, is jumping into the conversation.
PYMNTS
JUNE 26, 2019
The funding comes as MX continues to build out its data solutions for financial institutions after initially launching in 2010 as a company offering banks a personal financial management solution they could provide to customers.
PYMNTS
MARCH 14, 2019
Cleo said in a press release this week that it will pair its integration-Platform-as-a-Service (iPaaS), Cleo Integration Cloud, with Sage’s Intacct tool, a cloud-based financial management solution for corporates.
PYMNTS
FEBRUARY 2, 2018
Information technology (IT) management solutions provider Kaseya, which targets managed service providers (MSPs) with its offerings, is linking up with small and medium-sized business (SMB) accounting firm Xero to help businesses gain greater control over their financial data. The companies said Thursday (Feb.
CFO Plans
NOVEMBER 25, 2024
No longer confined to traditional financial management, CFOs now play a pivotal role in safeguarding their organizations against increasingly sophisticated cyber threats. As stewards of financial data, CFOs must prioritize cybersecurity measures to ensure the security of sensitive information and maintain client trust.
CFO Dive
MARCH 26, 2024
AI analytics technology is turbocharging anti-fraud measures through its ability to process oceans of financial data.
CFO Dive
DECEMBER 12, 2023
AI can analyze vast amounts of financial data to predict trends, model budget scenarios, and deliver insights, writes Falconi’s Bernardo Miranda.
CFO Plans
DECEMBER 2, 2024
These insights empower owners to make data-driven decisions that support long-term growth. Leverage Financial Insights in Hospitality In the hospitality industry, leveraging financial insights is essential to remain competitive. For those seeking expert guidance, Explore Strategic CFO Services tailored to the hospitality sector.
PYMNTS
DECEMBER 8, 2019
As a way to prevent unfair competition, the Financial Stability Board (FSB) said in a report on Sunday (Dec. 8) that there should be āvigilant monitoringā of Big Techās move into financial services. Firms like Google, Alibaba and Facebook could be forced to share data with banks and FinTech firms.
CFO Dive
MARCH 7, 2023
The majority of leaders at financial institutions say interest rates will drive business model guidance this year but few are leveraging financial data to support these changes.
CFO Dive
FEBRUARY 21, 2023
Nearly half of execs expect cyber attacks on financial data to increase in 2023, but the majority of finance leaders don't have consistent communication with their CIO to mitigate this risk.
PYMNTS
FEBRUARY 14, 2017
million in funding last year, helps SaaS companies manage operations by providing financial management, auditing and reporting, analytics and other back-office services. The business model of SaaSOptics could, in part, be described as a B2B SaaS firm for B2B SaaS firms. The company, which raised $1.8
PYMNTS
FEBRUARY 12, 2018
They are instrumental to financial institutionsā adherence to new rules that require them to open up data streams to third-party players, and traditional FIs are (finally) participating in the data-sharing game. The EU’s PSD2 and Open Banking in the U.K.
Barry Ritholtz
JUNE 17, 2024
A quick break from book authorship to share a fascinating set of data and charts, via Sam Ro. In his weekly missive, Sam points to some amazing charts from Global Financial Data. They are based on historical data that looks at 200 Years of Market Concentration. You might be surprised at the findings.
PYMNTS
APRIL 25, 2017
The Wall Street Journal reported last week that one of the companyās investors filed suit, alleging that the company misled directors about its testing procedures, deceived investors about financial outlooks and also set up āshellā operations in order to secretly buy laboratory equipment.
PYMNTS
JULY 5, 2017
For a chief financial officer (CFO), having technology ā from ERP systems to cloud accounting and cash forecasting tools ā has become paramount when deploying a successful growth strategy.
PYMNTS
OCTOBER 13, 2017
Order-to-cash is an area of cash flow management that has the potential to significantly enhance a business’s financial performance.
PYMNTS
NOVEMBER 17, 2016
The CFPB is taking a closer look at consumers and the relationship to their financial records ā specifically the issues they face in accessing, using, and securely sharing their financial records.
Lime Light
NOVEMBER 4, 2024
According to the 2024 Global Finance Trends Survey, 69% of finance leaders recognize the critical role of financial planning and profitability analysis in strategic decision-making. Interpreting financial data, especially complex datasets, can pose challenges, even for seasoned professionals.
Navigator SAP
AUGUST 19, 2022
One of the main success factors for modern enterprises is having access to real-time financial data. This can only be achieved through streamlining the process of collecting, managing, and sharing data in your organization.
CFO Share
JUNE 18, 2024
Implement Sign-Offs and Quality Assurance from Other Departments Asking your bookkeeper to validate all financial data is unrealistic and sets them up for failure. Instead, create a system where department heads are responsible for confirming the accuracy of some data. Operations – validates inventory records.
Navigator SAP
MARCH 27, 2023
Fortunately, new and innovative technologies provide businesses with cutting-edge tools designed to accelerate, track and support their research processes and provide them with accurate project and financial data that they can use to improve their daily operations.
Lime Light
NOVEMBER 17, 2024
Cube FP&A is a well-known financial planning and analysis (FP&A) tool that has gained popularity for its ability to streamline financial reporting, budgeting and forecasting processes.
CFO Plans
MAY 16, 2024
Hereās how SaaS accounting software is revolutionizing financial management and why itās essential for CFOs. Discover SaaS Accounting Solutions Now Real-Time Financial Data for Informed Decision-Making One of the standout features of SaaS accounting platforms is real-time access to financial data.
CFO Talks
SEPTEMBER 17, 2024
Building Robust IT Systems for Financial Reporting As financial operations become increasingly complex, having the right IT infrastructure in place is no longer just a back-office necessityāit’s a strategic advantage. Cloud-Based Solutions: Cloud technology allows CFOs and their teams to access financial data anytime, anywhere.
Future CFO
NOVEMBER 17, 2022
With external pressures that are hard to predict, real-time visibility over financial data, processes and working capital will be key to survival, leading to greater pressure on CFOs and those who report into them, according to the research.
Global Finance
OCTOBER 22, 2024
However, due to existing privacy laws and regulations, banks remain hesitant to share financial data. If data is shared, it is done via lateral agreements. This collaborative approach can help detect and prevent fraud more effectively, ultimately protecting institutions and their customers.
Future CFO
SEPTEMBER 26, 2024
This is in the aim of producing timely financial data and other outputs, such as visualisations. Interpersonal skills are also important, as analysts and modelers can be tasked with communicating complex financial data to colleagues in other functions or locations, or with quickly educating senior leaders.
CFO Plans
OCTOBER 4, 2024
By embracing accounting automation for startups , tech companies ensure their financial data is always on point, setting the stage for sharp decision-making. Financial Analytics: The Compass for Data-Driven Success In today’s era of data, financial analytics are the compass guiding tech companies through the storm.
Navigator SAP
MARCH 4, 2022
Some businesses only need operational support that streamlines financial data and processes. Most ERP systems can integrate all your operating and tax information to automate business processes, but you should ensure the solution aligns properly with the legal structure of your business.
Cube Software
JUNE 4, 2024
Prophix software: an overview Prophix (Source: G2 ) Prophix is a financial management software that facilitates financial consolidation, budgeting, analysis, planning, and reporting. The software offers a spreadsheet-style interface for analyzing financial data and organizing information.
FISPAN
APRIL 13, 2022
Financial data is one of the most valuable commodities in the world, and consumers have the right to control who gets access to it. Through customer-permissioned data sharing, central interfaces and the emergence of the consumer data right, consumers are the main beneficiaries of Open Banking.
Future CFO
JANUARY 22, 2024
Modern accounting software integrates seamlessly with diverse financial systems, automating tasks such as data entry, bank reconciliation, and invoice processing. Real-time Data Insights The advent of cloud-based accounting solutions has turned real-time financial data availability into a reality for businesses of all sizes.
Jedox Finance
JANUARY 19, 2024
Autonomous finance is increasingly permeating all aspects of financial management by optimizing and streamlining financial data gathering and analysis. Coined by industry analyst Gartner, autonomous finance refers to self-learning software agents that automate business operations and corporate finances.
Centage
SEPTEMBER 14, 2021
Compounded over many rows, even a simple mistake can lead to faulty financial data. Large or small business that use spreadsheets are taking a risk: Boeing leaked employeesā personal data in a hidden spreadsheet column. Siloed financial data can lead to false assumptions because insight isnāt based on a complete picture.
Spreadym
AUGUST 10, 2023
What is financial reporting software? Financial reporting software refers to specialized tools or applications designed to help organizations generate, manage, and present their financial data in a clear and organized manner. Exporting and Sharing: The ability to export reports in various formats (PDF, Excel, etc.)
CFO Talks
SEPTEMBER 28, 2024
To translate financial performance into actionable results, start by understanding the key drivers behind your financial data. Use data to understand customer behavior, optimise pricing strategies, or improve inventory management. Look beyond the revenue and profit margins; dig into whatās causing the trends.
Cube Software
DECEMBER 3, 2023
Understanding Planful: strengths and limitations Planful is a provider of cloud-based financial planning software that allows FP&A teams to analyze their financial data and create more insightful forecasts and reports.
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content