Future CFO

JULY 21, 2024

Now, beyond interpreting financial data, we’re now also embracing sustainability reporting and assurance – a rapidly growing field." AI can also uncover hidden trends and potential risks in vast datasets, enhancing decision-making and financial controls," Abrol notes.

Finance

https://trustedcfosolutions.com/feed/

FEBRUARY 11, 2023

Sage Intacct and more modernized systems are building the foundation for continuous accounting without the need for ongoing work — data calculations, reconciliations, and the collection of financial information — from your finance staff. Make the Move to the Cloud Gain access at your fingertips. We’re here to help answer them.

Accounts Payable

Future CFO

MAY 23, 2024

According to a press release, the state-of-the-art AI functionality in CCH® Tagetik Intelligent Platform empowers finance professionals to democratise access to meaningful financial data, manage and control massive datasets with unprecedented speed and automation, unlock hidden insights, and improve and expedite decision making.

Finance

PYMNTS

JANUARY 26, 2018

Corporate accounting software is now a continually evolving space, but progress doesn’t occur in a vacuum: External forces and trends, from changing regulations to increased adoption of FinTech by the enterprise, force businesses to adjust how they record and report financial data. Open Banking initiatives in the EU, U.K.,

General Ledger

Future CFO

JUNE 16, 2025

Excelling with AI In Chung's view, chief financial officers in in Southeast Asia expect digital technologies and automation to play a bigger role in their organisations' operations, which explains why one of the biggest changes they have seen in finance teams is how quickly they have embraced automation that is driven by AI.

Profit and Loss

Centage

SEPTEMBER 6, 2022

Excel may be an easier target for hackers due to inadequate encryption features for protecting your sensitive business information, such as identifiable details and confidential financial data. Bank reconciliation: Because employees can quickly modify or change numbers, you may run into false reconciliations.

Securities

PYMNTS

SEPTEMBER 12, 2018

But they can also be extremely expensive, charging high interest rates that may lead to default and can ultimately prove even more detrimental than helpful to the financial health of the SMB.

Finance

PYMNTS

JUNE 22, 2016

GPOs are groups of corporations that leverage their size and power in numbers to obtain discounts from suppliers and require that these vendors operate across a multitude of networks, systems, standards and processes, the report said. In a manual world, managing the order-to-cash process across these business processes can be a mess. .

Accounting

Planful

JUNE 3, 2021

Your finance team’s scrambling to gather data from the various business units within the organization, dealing with an overwhelming number of spreadsheets, and creating multiple versions of the same consolidated financial statement to comply with different regulatory bodies. It’s close time. Sound familiar?

Compliance

PYMNTS

JANUARY 14, 2020

percent), improved reconciliation with enhanced data (76.7 The number of cited benefits has doubled since 2018, including improved process efficiency (cited by 50.4 percent), greater access to data (42.3 In the latest report, however, six features were viewed this way, including fraud and security (78.3 percent in 2018.

Accounts Payable

PYMNTS

APRIL 12, 2016

The virtual card has gained attention in recent years for its ability to not only digitize corporate payments but to safeguard them, often coming in the form of a one-time-use card number designated for a specific purchase category and value. Finally, the fourth major benefit of virtual cards is better cash management, stated Vendor Centric.

Nonprofit

PYMNTS

JANUARY 29, 2020

To be competitive in the P2P space today, especially at the mid- to high-end of the market, the investment would be millions of dollars and a number of years of development,” he said. “By Unlocking Data to Unlock Value. By the time the solution was commercially available, it may not be competitive or cost effective.”.

Banking

The Finance Weekly

MARCH 13, 2022

Over the last decade, the amount of capital deployed worldwide by venture capital investors and the number of start-ups receiving funding have grown substantially. For the first time, all financial data is uploaded to the cloud, providing continuous agility and content sharing.

Financial Planning and Analysis (FP&A)

CFO Leadership

MARCH 31, 2022

In the past few years, the number of global mergers and acquisitions has reached an all-time high. Connect to your global banks to automate statement collection and reconciliation. Cloud-based cash management solutions can help centralize, automate, and analyze global financial data, making cash visible again.

Treasury

PYMNTS

SEPTEMBER 12, 2018

There is no shortage of FinTech firms that have emerged since the 2008 financial crisis aiming to facilitate access to small business capital, many of which target supplier and invoice financing specifically. As the industry grows, access to small business financial data is a critical component of risk mitigation and underwriting practices.

Finance

Future CFO

AUGUST 3, 2021

Financial teams have always had a unique vantage point: the financial data they deep dive into allows them to understand their organization's financial options and health. It is one reason why hunting for financial data is a lifelong job for many financial professional teams.

Finance

The Finance Weekly

APRIL 13, 2024

It is a cloud-based software solution designed for financial planning and analysis, streamlining businesses' budgeting, forecasting, and reporting operations. It offers real-time insights into financial data, it empowers users to produce efficient plans, reports, and analyses.

Financial Planning and Analysis (FP&A)

The Finance Weekly

OCTOBER 13, 2021

Make a financial reporting strategy. One of the most difficult aspects of a merger or acquisition for finance experts is combining the financial data of two independent firms into one. It's impossible to optimize financial closing processes without first taking into account the hundreds of steps and people involved.

Mergers and Acquisitions (M&A)

Planful

JANUARY 11, 2022

As technology crunches the growing volumes of data, soft skills like critical thinking, problem-solving, and communication will become crucial for Finance to succeed. #1 Without AI, employees are burdened with hours of monotonous tasks like reporting and data reconciliation. 1 – Let AI do the heavy lifting.

Financial Planning and Analysis (FP&A)

Planful

OCTOBER 5, 2021

Another impediment to a fast month-end close is the fact that most organizations don’t have a single source of truth collecting and housing all of their real-time data. Instead, financial data is spread in multiple enterprise resource planning (ERP) systems across various business units.

Financial Planning and Analysis (FP&A)

Spreadym

JUNE 19, 2023

It offers features such as cash flow forecasting, bank reconciliation, and expense tracking. Xero integrates with various payment platforms and provides real-time financial insights. These features provide comprehensive visibility into your cash flow and help you make informed financial decisions.

Cash Flow Forecasting