Centage

JUNE 14, 2022

Business leaders need real-time insight into the business and how it’s performing. Every business system formats data differently. Static reports can’t meet this need. To begin, they’re not real time, they’re just snapshots of the business at a previous point in time. And testing multiple scenarios is impossible.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Budgeting Forecasting Prioritization 59

CFO Simplified

APRIL 17, 2022

To identify where the losses were occurring, job estimates were first compared to the final production costs. Pulling raw data from the company’s production system allowed a comparison between the estimate and the actual cost of production of each item shipped in the prior week. The importance? The Solution. Slow press run rate.

General Ledger (GL) 92

General Ledger (GL) Profit and Loss General Ledger CFO 92

Future CFO

SEPTEMBER 14, 2023

Our research echoes what we’re hearing from our clients aiming to move their transformation efforts forward and how priorities have changed after the pandemic, and what skills they require for the future,” he noted. “Our Dramatic changes are putting tremendous pressure on tax departments. Tax isn’t just done in the tax department anymore.

Compliance 52

Compliance Finance Technology Investments 52

PYMNTS

MARCH 11, 2020

Speaking with PYMNTS, FloQast CEO and Co-Founder Mike Whitmire discussed how the nuances of reconciliation demand a more sophisticated automation technology that can address a less-than-perfect data set. Yet the reality is that the reconciliation process is rarely ever straightforward. Beyond Data Matching. It’s not necessarily a mistake.”.

Reconciliations 56

Reconciliations Corporate Finance Finance Invoicing 56

Spreadym

AUGUST 17, 2023

Data Integration : Dashboards often pull data from various sources, such as accounting software, ERP systems, CRM systems, and other data repositories. Performance Tracking : Organizations can track their performance over time by comparing current data to historical data.

Financial Reporting 52

Financial Reporting CFO Cash Flow Forecasting Budgeting 52

Future CFO

SEPTEMBER 15, 2021

Both cities have a strong supply of employees with this ability, low hiring difficulty, and salary costs that are similar ($7,000 per year in Indore compared to $8,000 in Saratov). “Looking for the top finance shared services skills in the same place as everyone else is costly,” said Jessica Kranish, senior principal, research, Gartner.

Finance 75

Finance GAAP Accounting Principles Accounts Payable 75

Centage

JULY 19, 2023

However, many push back against upgrading their budgeting and forecasting systems. That means there’s no ramp-up time in learning how to use it. There are obstacles within the system that don’t perform well when compared to other options. Using Excel for budgeting may be a workable solution. No automation.

Budgeting 52

Budgeting Financial Planning and Analysis (FP&A) Planning Forecasting 52

PYMNTS

NOVEMBER 10, 2020

The following Deep Dive explores the various automations businesses are deploying for their capital management needs as well as how such solutions can cut down on wasted funds and ease treasury professionals’ stresses. Untold sums are lost due to these issues, leading businesses to develop or seek advanced technological solutions to fix them.

Accounts Payable 87

Accounts Payable Invoicing Treasury Sales 87

PYMNTS

JUNE 11, 2020

In a recent conversation with PYMNTS’ Karen Webster, OnPay Solutions President and CEO Neal Anderson discussed how corporations can find the path of least resistance to digitizing and automating accounts payable. One of the most critical factors in any decision is how secure a system is,” said Anderson.

B2B 52

B2B Accounts Payable Cash Flow Forecasting Reconciliations 52

Bramasol

SEPTEMBER 12, 2022

This blog post provides an overview of how the latest enhancements within the SAP ecosystem can provide a useful roadmap for the next steps toward optimization and ultimately transformation. Decoupling of revenue recognition rules and rules engine from order entry and billing systems. Resolution of data quality issues.

SAP 85

SAP IFRS Compliance Invoicing 85

FISPAN

OCTOBER 20, 2021

Whether it’s the slick packaging, the stores that make it easy to browse and buy, or its geniuses who are always eager to help, there is no question that Apple is where it is today because of how it treats its customers. Over the years, Apple has spent a lot of energy on keeping its customers happy and engaged.

Banking 71

Banking Investments Accounting Planning 71

The Finance Weekly

MARCH 5, 2024

The responses were enlightening, and we are excited to share our findings, highlighting the aspects that matter for finance departments and how the IT mindset has shifted around software implementations over the past three years. Given the multitude of answers and approaches available online, we've decided to provide a definitive answer.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Leverage Cash Management 52

Centage

JANUARY 3, 2024

Depending on how insulated your industry is from change, such agility in the financial forecasting process might be an advantage, or it might be an absolute necessity. Here’s how our dedicated FP&A software for flexible forecasting can make your annual budget more resilient and your finance team more responsive.

Forecasting 52

Forecasting Financial Planning and Analysis (FP&A) Budgeting General Ledger 52

PYMNTS

FEBRUARY 4, 2020

Once reserved for only the largest and most sophisticated firms, automated enterprise resource planning (ERP) and accounting platforms are now accessible for even the smallest of businesses, and data from those systems is the new currency of operational efficiency. According to Dean M.

Reconciliations 61

Reconciliations B2B Invoicing Accounting 61

Future CFO

MAY 27, 2021

Where tax teams have introduced next generation enterprise resource planning (ERP) systems, 56% are seen as highly effective at supporting the business with scenario-modelling insights, compared to 35% of others. The good news is that tax and business leaders have more options at their disposal to achieve this”.

Budgeting 40

Budgeting Compliance Finance Planning 40

Future CFO

FEBRUARY 15, 2021

Remote working placed new barriers to the finance team including virtual meetings, the need to access systems and data remotely, and the adapting to changes introduced by automation in the name of efficiency – during the lockdown. FutureCFO’s discussions with finance leaders in Asia identified similar conditions.

Financial Data 52

Financial Data Finance Benchmarking CFO 52

PYMNTS

OCTOBER 23, 2017

20), the standard, which stands for “Central User Guide for Electronic Invoicing in Germany,” is more easily ready by Electronic Data Interchange (EDI) to transmit data from an invoice into existing enterprise resource planning (ERP) and accounting systems, as compared to other formats of “electronic” invoices like PDFs.

Invoicing 49

Invoicing Investments Accounting Planning 49

PYMNTS

JANUARY 30, 2020

The following Deep Dive explores how virtual cards benefit B2B payments, especially among smaller firms, which have limited resources. These 16-digit credit card numbers are created for one-time purchases at set amounts, and the convenience, security and speed they provide are allowing them to take hold in the B2B payments space.

B2B 71

B2B Invoicing Accounts Payable Reconciliations 71

PYMNTS

JULY 10, 2020

These smaller players must ascertain exactly how much cash they have on hand and how much they can afford to spend while working to meet upcoming obligations. These smaller players must ascertain exactly how much cash they have on hand and how much they can afford to spend while working to meet upcoming obligations.

Invoicing 55

Invoicing Budgeting Leverage Treasury 55

Jedox Finance

JULY 9, 2019

An Interview with Kevin Kennedy, Business Systems Manager at Terminix, a ServiceMaster Brand. For the Jedox AI project at ServiceMaster, this data expert is Kevin Kennedy, who has served as business systems manager at its division Terminix since 2005. There is also quicker turnaround because FP&A is in control of it.

Budgeting 52

Budgeting Economics Technology Finance 52

PYMNTS

AUGUST 12, 2016

The CEO discussed with PYMNTS how a lack of these solutions in the procure-to-pay process can threaten the enterprise and argued that the industry needs to step up its game to innovate in this space. If a vendor even responds, that estimate is then entered into an Excel sheet then uploaded into an ERP system. Accrual Agony.

Invoicing 43

Invoicing Treasury CFO Communication 43

PYMNTS

JUNE 28, 2017

In a digital webinar discussion with PYMNTS CEO Karen Webster, Stark explains the concept of a payment factory and how it can help protect companies from fraud. “I By the time an organization receives a phone call or email from a fraudster asking it to send money, that criminal has already been inside the system to evaluate its weak spots.

Treasury 42

Treasury Invoicing Securities CFO 42

Navigator SAP

JUNE 24, 2022

Legacy software systems no longer make sense for life sciences businesses, especially those in Pharmaceutical manufacturing. The problem is that complexity, regulation, and competition have changed how pharmaceutical and life sciences firms must do business. Data is siloed, hard to update, and time-consuming to store or use.

Pharmaceutical 229

Pharmaceutical SAP Manufacturing Compliance 229

Jedox Finance

AUGUST 2, 2022

In this blog post you get the chance to explore the intersection between the planning and technology of your organization and will see how an EPM Tech Refresh that is coming with a modern solution can help you on your digital transformation journey. How a modern EPM solution improves productivity. Migrate or refresh?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Forecasting Planning 52

BlueLight

JULY 30, 2020

The CFO role has evolved into a highly strategic role but needs a robust system to handle the day-to-day reporting tasks and generate accurate financial information. In the following, you will find a synthesis of the key findings on the following topics: How do you view the responsibility of the CFO suite? Edited for readability.

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

CFO Talks

DECEMBER 16, 2021

Raised on a farm, Henk Cronje has returned to his roots as Head of Finance at Agri Technovation, a global innovation business focused on crop performance fuelled by science and technology. CFO Talks is a brand of the South African Institute of Business Accountants. First of all, welcome, Henk, where are you based?

Problem Solving 68

Problem Solving CFO Auditing Accounting 68

PYMNTS

APRIL 13, 2016

That compares with the average of 22.7 Increased focus on metrics, performance measures and data ownership and usage, along with the expansion of eProcurement and enterprise resource management systems, remain on the upward trend.” But, for vendors, this means a shift in how business is done. days in 2014, decreasing to 11.7

Performance Measuring 40

Performance Measuring Invoicing Numbers Vendor Management 40

PYMNTS

APRIL 5, 2016

percent compared to the year before, with a 0.5 percent compared to the year before, with a 0.5 Amid tightened belts and less talent, CFOs must choose wisely how they use the resources at their disposal, the report’s authors said. What CFOs Are Up Against. percent reduction in budget. percent reduction in budget.

Leadership 42

Leadership CFO Prioritization Finance 42

Centage

JANUARY 17, 2023

The subsequent financial statements provide the business a point in time reflection on how the business is doing in relation to its plan. How to Use a Budget vs Actual Statement and Why It’s Important. What’s important for the organization is the analysis of the variances, the budget variance explanations – why did they happen?

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Planning Forecasting 98

CFO Simplified

APRIL 15, 2022

How are your costs being confirmed and posted? Their ERP system was a shop floor package designed for the printing industry. The dashboard created by the former CFO had items on it that the owner didn’t understand, and he focused on a few numbers on the income statement rather than truly understanding how it all fit together.

Profit and Loss 52

Profit and Loss Manufacturing CFO Accounts Payable 52

CFO Simplified

NOVEMBER 28, 2022

Enterprise resource planning (ERP) is a system that helps businesses track and manage information related to their operations. By integrating all of this information into one system, businesses can get a better overview of their operations and make better decisions about how to run their business.

General Ledger 98

General Ledger CFO Accounts Payable Reconciliations 98

Jedox Finance

NOVEMBER 23, 2021

The last blog post from our guest authors at smartPM.solutions was about S&OP maturity and the classification of your current S&OP situation according to the 5-stage Gartner S&OP Maturity Model. A correct classification enables you to highlight potential improvements to internal company processes. depending on the target (see Figure 3).

Forecasting 98

Forecasting Planning Sales Education 98

Jedox Finance

JANUARY 7, 2021

In this blog post, we answer questions including what is S&OP, what it is used for and how it provides value to organizations. . After data preparation comes demand planning, where planners need to constantly compare sales actuals vs. sales forecasts vs. plans. For this, production actuals are constantly compared to plan.

Financial Planning and Analysis (FP&A) 81

Financial Planning and Analysis (FP&A) Forecasting Sales Planning 81

The Finance Weekly

OCTOBER 13, 2021

Many corporate leaders are now wrestling with how to keep up with demand as the US economy recovers faster than anticipated. Many corporate leaders are now wrestling with how to keep up with demand as the US economy recovers faster than anticipated. But how can your company begin to take advantage of this expansion opportunity?

Mergers and Acquisitions (M&A) 52

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

PYMNTS

DECEMBER 3, 2020

This month’s Deep Dive analyzes how the new global economic environment is driving the need to optimize back-office processes and how firms stand to reap benefits from engaging in cross-border commerce. . However, cross-border commerce still represents a major growth opportunity for struggling businesses.

Accounts Payable 52

Accounts Payable B2B Invoicing Accounting 52

Future CFO

SEPTEMBER 16, 2021

How progressive CIOs support finance transformation Progressive CIOs support finance transformation in the following three key areas. Survey results indicate that 70% of CIOs surveyed having accelerated their finance transformation strategies by at least a year. CIO-CFO partnership survey highlights. Leveraging data to fuel decision-making.

CFO 72

CFO Finance Leadership Leverage 72

PYMNTS

JANUARY 12, 2021

With employees seeking to use company cash in the same way they make purchases in their personal lives, T&E has experienced rapid consumerization of workflows compared to other areas of B2B payments, like accounts payable (AP). A Corporate Spend Convergence.

B2B 91

B2B Accounts Payable Reconciliations Prioritization 91