The Finance Weekly

MAY 20, 2024

What Is Bank Reconciliation? Bank reconciliation is a process companies use to ensure that their recorded cash balances align with the actual cash held in their bank accounts. Nevertheless, banks still manage most business accounts, and the same reconciliation procedures can be applied to these other cash positions.

Reconciliations 52

Reconciliations Banking General Ledger Accounting 52

Future CFO

AUGUST 1, 2023

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. As a result, the market for cloud-based financial applications in the region will witness significant growth in the coming years. "As

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

FEBRUARY 25, 2020

New technology solutions are stepping onto the market to help automate accounts receivable, accounts payable and the act of supplier payments, as well as other processes surrounding these fields, like trade finance, cash flow management and accounting. There’s nothing more valuable than remittance data. This is what businesses are asking for.

B2B 69

B2B Accounts Payable General Ledger Finance 69

PYMNTS

MARCH 10, 2020

While more sophisticated technologies have been available for larger enterprises to consolidate spend data for the middle market, Kote noted that breaking through silos has been a major source of pain for finance professionals. “They didn’t touch the money, but that’s starting to change.”. The Data Friction of Silos.

Accounts Payable 58

Accounts Payable General Ledger Budgeting Reconciliations 58

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. There is seemingly no end to the discussion of how automated accounting can improve a business’ performance. Take auditing for instance.

Accounting 42

Accounting Reconciliations General Ledger Auditing 42

BlueLight

JULY 16, 2020

from taking care of their day-to-day bookkeeping, data entry, reconciliation, cash management, to building the three financial statements. I live in that middle area, those 2–4 years from when a startup has just started to when it has a firm product-market fit and really takes off. It’s a funny world I live in.

Startups 52

Startups CFO Reconciliations General Ledger 52

Bramasol

AUGUST 31, 2023

These include: Real-Time Reporting - One source document triggers the creation of two separate journal entries directly in the general ledger. It also includes market segment information for every revenue recognition posting, so there is no need for separate settlement of business objects.

SAP 89

SAP Accounting Reconciliations General Ledger 89