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.

Accounts Payable 62

Accounts Payable Reconciliations Leverage CFO 62

PYMNTS

FEBRUARY 8, 2019

Financial data technology firm Validis is rolling out a new solution designed to automate month-end reconciliation processes for small business lenders and invoice financing firms. 7), Validis said it has rolled out DataShare Reconciliation for small business lenders offering Confidential Invoice Discounting (CID).

Invoicing 46

Invoicing Reconciliations Concentration Finance 46

PYMNTS

MARCH 4, 2020

Enterprise cloud migrations have opened up the ability for smaller businesses to adopt ERP technology once reserved for the largest corporates. At the same time, a surge in third-party financial platforms has disrupted the flow of data into the ERP, disbursing information throughout the back office. Modernizing the ERP.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

JANUARY 21, 2021

Procurement technology company JAGGAER has collaborated with TransferMate to provide offerings from “source to settle,” according to an announcement. JAGGAER Joins Forces With TransferMate on ‘Source to Settle’. The companies said this is a first for the South African banking sector.

B2B 85

B2B Banking Reconciliations Currencies 85

PYMNTS

SEPTEMBER 27, 2017

Using robotics process automation , accounting software company FloQast is rolling out a new solution to automate reconciliation processes. 26), FloQast announced news of the launch of Cloud Connect, a solution that provides near-real-time access to financial data held within in-house ERP systems.

Reconciliations 40

Reconciliations Financial Data Leverage Accounting 40

PYMNTS

AUGUST 7, 2019

“Our new team in Boulder, CO is looking for a Sr Software Engineer to work within our Advertising FinTech team focused on a Blockchain ledger, billing and reconciliation systems to provide data transparency on transnational financial data,” the job posting said.

Advertising 56

Advertising Reconciliations Financial Data Technology 56

PYMNTS

JUNE 19, 2020

Blockchain-based supply chain management technology firm Authenticiti did not reveal in a press release how much it raised when it announced its new funding this week led by Gravity Ranch, while Hold Ventures, SRI International and existing backer Scopus Ventures also participated. Authenticiti.

B2B 73

B2B Startups Reconciliations Financial Data 73

PYMNTS

AUGUST 5, 2016

The market is on the cusp of a groundswell of adoption of these technologies, says Therese Tucker, CEO of accounting solutions firm BlackLine , after a long lull among mid-market firms. “Across the board, in the past, accounting has been very underserved by technologies because they’re the last to get budget,” she explained.

Accounting 42

Accounting Reconciliations General Ledger Auditing 42

PYMNTS

JUNE 28, 2019

The $1 million in Seed funding for India-based Recko will help the firm grow its payments reconciliation solution for companies in the banking, lending, insurance, eCommerce and telecom industries. million in funding for its technology, reports said this week. This week, the company revealed a $24 million investment from Oak HC/FT.

Valuation 43

Valuation Reconciliations B2B Startups 43

PYMNTS

JANUARY 26, 2017

For one firm, Finlync , the key to unlocking the potential of blockchain in B2B processes is unlocking the underlying data of that activity. The company announced earlier this month that it has developed what it claims to be the world’s first technology to integrate blockchain into ERP systems like SAP.

SAP 57

SAP Invoicing Reconciliations B2B 57

Planful

JANUARY 11, 2022

To get you started, here are 5 ways you can use AI to transform finance and 5 ways AI can speed your move away from yesterday’s technology for a total of 10 tips you can put to work today. Without AI, employees are burdened with hours of monotonous tasks like reporting and data reconciliation. Essential Terms.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40

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

JANUARY 5, 2017

Technology firm Ricoh is jumping into B2B payments with a new service aimed at digitizing accounts receivable processes. Invoice issuers immediately receive either rejects, in the case of inaccurate invoice data, or confirmation, if the eInvoice successfully passed the automation validation,” explained Billentis , another eInvoicing firm.

Invoicing 40

Invoicing B2B Accounts Payable Reconciliations 40

PYMNTS

NOVEMBER 20, 2018

Banking technology provider Cashplus is introducing a new application program interface (API) designed to allow small and medium-sized businesses (SMBs) to make mass payments to their vendors simultaneously. A press release Monday (Nov. 19) said Cashplus, based in the U.K.,

Reconciliations 43

Reconciliations Currencies Accounting Banking 43

PYMNTS

JANUARY 14, 2020

The report is based on a survey of more than 500 financial executives at firms from numerous sectors, including professional services, construction, retail and technology. percent), improved reconciliation with enhanced data (76.7 businesses’ evolving awareness, interest and potential adoption of the system.

Accounts Payable 53

Accounts Payable Reconciliations Construction Treasury 53

PYMNTS

APRIL 12, 2016

The nonprofit industry has a lot to gain from this payment technology, claims a new whitepaper from vendor management consulting firm Vendor Centric. Because virtual cards are just that — virtual — they automate the payment and reconciliation processes, connecting payment data directly into financial systems.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

JUNE 22, 2016

. “The root of these inefficiencies is that businesses rely on paper for most of their orders and invoicing, and they receive customer remittance data in inconvenient formats, such as paper, email or fax, that must be rekeyed for reconciliation,” IOFM explained.

Accounting 42

Accounting Invoicing Reconciliations Accounts Payable 42

PYMNTS

OCTOBER 30, 2019

The company said it will allow customers that have a current account or card product with any of 20 major high-street banks, challenger banks or card issuers to connect those accounts into their Coconut platforms to streamline financial data entry for augmented money management.

Banking 41

Banking Foreign Exchange B2B Accounting 41

Future CFO

AUGUST 3, 2021

Hosted by FutureCFO and the Association of Financial Professionals, it saw senior heads of finance discuss the pandemic’s challenge to financial clarity and critical lessons learned that went beyond financial. It is one reason why hunting for financial data is a lifelong job for many financial professional teams.

Finance 52

Finance Forecasting Financial Modeling Accounts Payable 52

Spreadym

JUNE 19, 2023

The combination of spreadsheets technology and in-memory database helps to organize multiuser work on documents, upload fresh data in real time to reports and build updated analytics at any time. It offers features such as cash flow forecasting, bank reconciliation, and expense tracking.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Accounts Payable 52

PYMNTS

FEBRUARY 15, 2019

That not only limits spend visibility, explained Anthony Rotoli, CEO of procurement and spend management technology provider ESM Solutions , but can expose higher education organizations like universities to risks, including fraud. Many entities in this space, however, struggle to gain a clear picture of where the money is going.

Education 49

Education Accounts Payable Reconciliations Prioritization 49

Spreadym

JULY 10, 2023

Here are the typical steps involved in the financial close process: Pre-Close Activities: This phase involves preliminary activities to prepare for the close process, such as reviewing account reconciliations, ensuring the completeness of transactions, and resolving any outstanding issues or discrepancies.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

Centage

SEPTEMBER 6, 2022

Lack of Security Features 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. Without separation of duties or an audit that can track who has had access to the data, fraud can occur.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 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

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 52

Securities Cash Flow Forecasting Budgeting Forecasting 52

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) 52

Mergers and Acquisitions (M&A) Economics Risk Management Reconciliations 52

The Finance Weekly

APRIL 13, 2024

Key Features Use of modern AI technologies Ease of use Financial forecasting Intuitive dashboard Stakeholder-friendly Financial statement templates Supports over 200 integrations, including essential tools like Quickbooks, Hubspot, Shopify, and OneDrive.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Invoicing Budgeting 52

Bramasol

MAY 6, 2022

In too many instances, as CIOs and CFOs implement new software to improve finance processes, the expediency of getting systems up and running quickly can create isolated silos of inefficiency across the enterprise-wide technology landscape. Need for ongoing data manipulation and reconciliation between systems.

SAP 71

SAP Finance Reconciliations Leverage 71

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 47

General Ledger Benchmarking Reconciliations Accounts Payable 47

CFO Leadership

MARCH 31, 2022

And they need technology. Cloud-based cash management technology can help get on top of things again. 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 52

Treasury Cash Management Currencies Reconciliations 52

Planful

JUNE 3, 2021

Investing in innovative technology, such as a cloud-based planning and consolidation platform, gives your finance teams the support they need for financials. Manual reconciliation is the most frustrating aspect of creating consolidated financial statements. Accelerate the Creation of Consolidated Financial Statements.

Compliance 40

Compliance Reconciliations Currencies Finance 40

Future CFO

JANUARY 12, 2021

Working capital and cash flow optimisation With uncertain times ahead, CFOs today must monitor the impact of price volatility, foreign exchange fluctuations, and interest rate changes, and be able to rapidly revise financial asset positions and protect against increased credit risks.

Foreign Exchange 40

Foreign Exchange CFO Compliance Reconciliations 40

PYMNTS

SEPTEMBER 4, 2018

Yet there is some adoption of faster payment technologies among corporates. Rising adoption of virtual accounts, which are linked to a single physical bank account, enables corporates to set up a virtual account per customer or business line, then reconcile that data to the central account. In the U.S.,

Treasury 44

Treasury Foreign Exchange B2B Accounts Payable 44

PYMNTS

AUGUST 9, 2019

That’s what makes the marrying of front-office finances with back-office finances so valuable for this space, according to Teri Wilson, general manager at restaurant accounts payable technology firm Sourcery. The terms of the deal weren’t released.

Accounts Payable 43

Accounts Payable Invoicing Reconciliations Finance 43

PYMNTS

MARCH 1, 2018

But these popular apps, which started as consumer-facing tools but have each made recent steps to embrace business travelers , don’t paint the entire picture of ground transportation for the corporate world, said Tobi Mac, founder and CEO of FlitWays Technology , and complexity in this space can make spend management increasingly difficult.

Transportation 40

Transportation Foreign Exchange Currencies Reconciliations 40

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. Explore the CBIZ story in this video.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Benchmarking 40