Future CFO

AUGUST 1, 2023

Supriya Deka: The general features of financial applications include accounting, reporting & analytics, bank reconciliation, billing & invoicing, asset management, budgeting & forecasting, financial risk management, expense tracking, and payroll management.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

MARCH 4, 2020

Similar challenges have emerged in the traditional ERP’s ability to meet modern financial planning, cash flow forecasting, and risk analytics needs, he added. These applications tend to back right into the General Ledger, the central financial data repository at the heart or ERP core financials,” he said.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

NOVEMBER 6, 2019

If a small business buys office suppliers from a vendor once a month, it can be relatively straightforward for the accounts payable (AP) department receiving that supplier invoice to notice if their company has been overcharged. Validation [of these complex invoices] is done by exception or sampling, and that’s not surprising,” he said.

Invoicing 40

Invoicing Accounts Payable General Ledger Forecasting 40

The CFO College

AUGUST 31, 2021

If the startup is already operating, have your clients invoice customers as soon as possible. Using a rolling cash forecast is a value-add service you can provide to assist in cash forecasting. A rolling cash forecast will normally look forward 6 or 9 months, and each month the oldest month is removed and a new month added.

Startups 81

Startups Accounting General Ledger Forecasting 81

PYMNTS

FEBRUARY 25, 2020

They need the remittance data, whether it’s incoming or outgoing, to be able to sync up with their general ledger system.”. Other key areas of opportunity for corporates to improve B2B payments exist outside the scope of the payment and into fields like financing, cash flow management and forecasting.

B2B 69

B2B Accounts Payable General Ledger Reconciliations 69

Planful

JANUARY 3, 2017

General ledger accounting. The data in an ERP system is typically summarized in the general ledger module. Orchestrating and managing a rolling forecast process. Let’s take a look at how an EPM suite handles some of these processes – starting with budgeting, planning, and forecasting. Fixed asset management.

General Ledger 40

General Ledger Budgeting Forecasting Cash Flow Forecasting 40

The CFO College

JUNE 3, 2021

Acquiring these advanced types of services, like setting up a permanent audit trail, rolling cash forecast, month-end reporting, and strategic planning, is the secret sauce your potential client needs to know how their money flows in and out of their company (and what their financial future will look like).

Accounting 52

Accounting CFO Auditing General Ledger 52