https://trustedcfosolutions.com/feed/

MARCH 30, 2023

Less Stress Leads to More Success: Why a Faster Monthly Close Is Key Faster and more accurate closing cycles ensure your advisors, CFOs, and controllers have up-to-date financial data to base important decisions. Regularly reconcile accounts: Instead of waiting until the end of the month, reconcile your accounts regularly.

Leverage 62

Leverage Financial Data Accounting Communication 62

Future CFO

NOVEMBER 15, 2023

Ervina Waty : Here are some key changes that CFOs might need to put in place: Enhanced Data Governance and Quality Control CFOs should implement stronger data governance practices to ensure the accuracy, consistency, and integrity of financial data.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Compliance 52

The Charity CFO

APRIL 1, 2024

Implementing technology into your nonprofit accounting process can help solve a variety of issues—from tracking receipts to properly recording donations. In most cases, technology helps improve the efficiency and accuracy of nonprofit accounting. You’ll need to use the right technology systems to get these benefits.

Nonprofit 52

Nonprofit Accounting CFO Accounts Payable 52

PYMNTS

DECEMBER 29, 2020

Consumer Bank Chief Digital Officer Mike Naggar said the FI aims to provide customers "a choice, convenience and control of their financial data. WEX Talks Bank Partnerships To Advance B2B Payments. Radius Bank Ramps Up SMB Services With Narmi.

Cash Flow Forecasting 123

Cash Flow Forecasting B2B Startups Financial Data 123

FISPAN

JANUARY 12, 2022

Financial institutions (FIs) are under pressure to drive innovation in financial data access for the commercial banking space. Banking customers are seeking more control over their banking data than ever before. The end result?

Reconciliations 96

Reconciliations Banking Securities Leverage 96

Future CFO

JANUARY 25, 2024

According to Wong, CFOs in Southeast Asia are facing increased pressure to drive cost efficiencies and hit short-term earnings targets, which may impact areas that are also priorities for long-term value, such as technology innovation or transformation.

CFO 94

CFO Finance Leadership Investments 94

The Finance Weekly

FEBRUARY 8, 2023

Furnari previously served as Vice President of Finance at Dynatrace, a global technology company. He has also held financial leadership roles at Nuance Communications, Wyless, and Mimecast. As a CFO, success requires a broad understanding of business operations, technology trends, and regulatory requirements.

CFO 52

CFO Prioritization Finance Communication 52

Future CFO

JULY 29, 2020

While cybersecurity is increasingly an issue when employees have to work from home, it's no longer only a responsibility of IT because the financial impact from security incidents can be huge. They have the responsibility to ensure that their sensitive information and financial data are secured.

CFO 52

CFO Securities Leadership Economics 52

PYMNTS

FEBRUARY 5, 2020

The ACH payments and financial data exchange nonprofit NACHA is developing a digital platform to streamline payments by facilitating data sharing via a centralized hub, NACHA announced Wednesday (Feb. The NACHA Phixius platform enables connected service providers to securely exchange payment-related data.

B2B 52

B2B Nonprofit Leverage Financial Data 52

PYMNTS

NOVEMBER 4, 2016

In B2B payments, that can mean discontent in the way traditional banks and FIs do business or a need for disruptive technologies to come to market faster than banks can offer. Deals were made with B2B invoicing and payments firm Viewpost, as well as health care blockchain company Gem and natural language search technology company ClearGraph.

Treasury 79

Treasury B2B Leverage Reconciliations 79

PYMNTS

JUNE 18, 2019

By some estimates, cybercrime will have cost the world $6 trillion by 2021 in damaged and destroyed data, stolen money, lost productivity, theft of intellectual property, theft of personal and financial data, embezzlement, fraud and post-attack disruption to the normal course of business. The AI Foundation. percent result.

Education 71

Education Securities Leverage Financial Data 71

PYMNTS

FEBRUARY 5, 2018

The discussion around sharing financial data today is most often in reference to major industry happenings, like PSD2, Open Banking and the sudden influx of APIs in the financial services space. Information technology (IT), whose professionals juggle more than 10 apps in the workplace, on average. released last year.

Finance 43

Finance Financial Data Invoicing Communication 43

PYMNTS

FEBRUARY 26, 2019

The Commission also said that banks will be responsible for sharing more financial data with FinTechs. The move comes a few weeks after South Korea said through the Financial Services Commission that a sandbox will be rolled out this year to help support FinTech development.

Banking 75

Banking Valuation Finance Leverage 75

PYMNTS

JUNE 13, 2018

“We are empowering employers to navigate complexity by connecting their multiple, disparate, cloud-based systems to leverage employee data and business performance tools to gain powerful insights.”

Healthcare 49

Healthcare Leverage Financial Data Securities 49

Planful

OCTOBER 19, 2021

From there, you can decide how to leverage your financial acumen and recommend the best way forward. According to Bryson Koehler , chief technology officer of Equifax, “The cloud is the safest bet for the financial services industry.” What value are we getting from our investment in a secure technology?

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) CFO Auditing Communication 40

PYMNTS

JUNE 13, 2018

Founded in 2012, Tink debuted its AI and machine learning-focused digital banking platform the following year to give customers better financial insights. In a recent interview, Hedberg told PYMNTS how Tink began to shift its focus toward becoming not just a consumer-facing bank, but also a technology company.

B2B 46

B2B Financial Data Banking Technology 46

PYMNTS

JANUARY 22, 2020

This means data cannot be retrieved, shared or even transferred by the aggregator without that consent. The business of an account aggregator will be entirely information technology (IT)-driven,” notes the document, which also states that no other business can be conducted by the aggregator. The Roadmap.

Banking 56

Banking Education Accounting Leverage 56

PYMNTS

DECEMBER 12, 2018

That product is Plaid — a tech platform that uses application program interfaces (APIs) to securely connect a consumer’s bank account to a third-party that wishes to use the account to enable a financial services transaction. We are in inning one of a transformation. For Plaid, he noted, the options going forward are endless.

Investments 59

Investments Banking Valuation Accounting 59

PYMNTS

JANUARY 22, 2020

This means data cannot be retrieved, shared or even transferred by the aggregator without that consent. The business of an account aggregator will be entirely information technology (IT)-driven,” notes the document, which also states that no other business can be conducted by the aggregator. The Roadmap.

Accounting 52

Accounting Banking Education Leverage 52

PYMNTS

JANUARY 4, 2017

And that data was always stale, it was real-only and it potentially introduced some new security concerns.”. Especially in the smaller sector, where they’re hoping for more of what we like to call ‘security through obscurity,’” he said, “they feel like, if they’re small enough, they’re not going to get targeted.”.

B2B 47

B2B Manufacturing Securities Communication 47

PYMNTS

JUNE 28, 2019

It wasn’t the only corporate T&E firm that secured new funding, though, nor was it the only B2B FinTech that raised venture capital. Serai likens itself to a professional social networking solution, and the backing by HSBC will allow Serai to leverage HSBC’s existing client base.

Valuation 43

Valuation Reconciliations B2B Startups 43

PYMNTS

APRIL 14, 2017

PYMNTS: What role does Big Data play in detecting and mitigating fraud? TY: Big Data technology makes it possible to use more advanced algorithms to analyze billions of events together. Ultimately, we wanted to help to inform and empower the community in our common fight against fraud and abuse.

Accounting 44

Accounting Leverage Securities Financial Data 44

PYMNTS

MAY 27, 2016

This digital financial technology, which allows users to link their bank accounts with various smart devices, is at the forefront of financial interconnectivity. We took a piece of existing off-the-shelf technology, and then we take our banking platform. A shocking rollout.

Banking 40

Banking Technology Securities Financial Data 40

PYMNTS

APRIL 7, 2020

What we’re trying to do is leverage open banking to replicate a FedEx or Amazon experience where businesses know where their payment is at any given point of time, so they have real-time cash flow positioning.”. This ‘technology trust’ is something that FinTech companies can deliver.”. That is a powerful offering.

Leverage 83

Leverage Banking B2C B2B 83

PYMNTS

NOVEMBER 7, 2016

However, even Amazon will have to continue to take it further as time goes on for one simple reason: What’s working today will not be enough for tomorrow— technological advances continue to grow and cybercriminals constantly adapt and change their strategies. Safety In Numbers.

Communication 73

Communication Leverage Financial Data Technology 73

Planful

AUGUST 30, 2016

28% – Use of Big Data or Non-Financial Data. When asked the question about the top barriers to achieving their top Finance initiatives, again, Lack of Systems or Technologies (22%) was the top answer, along with High Staff Turnover (22%). Use of Big Data Increasing. 25% – Zero Based Budgeting.

Finance 40

Finance Budgeting Forecasting Planning 40

PYMNTS

JUNE 19, 2019

The “internet of money” is the mantra, making it as easy to send money around the world as it is to send a picture or video across the internet, but more securely, Facebook explained. Facebook said it simply wants to give the 1.7 billion people in the world without access to a bank account the ability to have one at no, or a low, cost.

Currencies 59

Currencies Nonprofit Banking Accounting 59

Future CFO

MARCH 7, 2021

Ng: When it comes to gender equality, finance and technology industries have progressed much recently, but more work can still be done to inspire and empower female talent in these areas: Vyin Ng, Finance Director of Microsoft Hong Kong and Macau. Soriano: Women need to advocate for other women.

Finance 52

Finance SAP Leadership CFO 52

Spreadym

NOVEMBER 16, 2023

Data Integration: The software should be capable of integrating data from various sources, such as ERP systems, spreadsheets, and other databases. This ensures that financial data is accurate, up-to-date, and consolidated. This helps in understanding the potential impact of various business decisions.

Financial Planning and Analysis (FP&A) 59

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

PYMNTS

JUNE 24, 2020

Specifically, payments giants are buying up data aggregators, which let consumers share data with thousands of apps — and in the process are taking on the roles of trusted intermediaries as information flows across the financial services landscape. We’ll leverage expertise, and we’ll leverage technology.”.

Financial Data 105

Financial Data Leverage Banking Securities 105

PYMNTS

JUNE 19, 2019

The “internet of money” is the mantra, making it, Facebook explains, as easy to send money around the world as it is to send a picture or a video across the internet, but more securely. Freedom, justice and money, which is exactly what we’re trying to do here,” the head of the Libra project for Facebook David Marcus told Reuters.

Currencies 40

Currencies Nonprofit Banking Accounting 40

Jedox Finance

NOVEMBER 17, 2022

While these tasks are important, technological advances can help certified public accountant (CPAs) save time and focus on being a strategic business partner that adds value across the entire enterprise. Skill #3: Adopting advanced technology effectively. Skill #6: Unifying data stuck in accounting silos. Table of Contents.

Budgeting 98

Budgeting Finance Forecasting Accounting 98

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. Formulas, forms, tables, and data arrays are centrally managed within the FP&A platform.

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards 52

Jedox Finance

JULY 11, 2023

5 Other sustainability reporting initiatives in development include those of the International Sustainability Standards Board (ISSB), developed by the International Financial Reporting Standards (IFRS) Foundation. This tool can then maximize visibility into all operations, showing the intersection of multiple KPIs with shared dashboards.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Compliance Profit and Loss 52

Bramasol

DECEMBER 13, 2021

A recent KPMG survey, of technology leaders, found that "82% wanted to lock in sustainability gains, but more than half said they do not have a decarbonization strategy in place.". The need for carbon accounting solutions that provide tangible and reliable data will be a major issue throughout 2022 and beyond. trillion per year.

SAP 52

SAP Compliance Profit and Loss IFRS 52

Future CFO

FEBRUARY 22, 2024

Inconsistent systems across departments and regions create data integration nightmares, requiring a small army of analysts to untangle the mess. One major benefit is that EPM can act as a central hub, consolidating financial and non-financial data from diverse sources into a single source of truth.

Financial Planning and Analysis (FP&A) 97

Financial Planning and Analysis (FP&A) Finance Compliance SAP 97

PYMNTS

SEPTEMBER 16, 2020

The pandemic’s effects are reverberating throughout the process, however, and colleges completing the majority of new student onboarding must use remote, digital tools that enable them to secure students’ private details, including their addresses, financial data and health information.

Education 56

Education Budgeting Securities Leverage 56