The Finance Weekly

APRIL 13, 2024

The finance industry employs a multitude of software solutions to facilitate budget creation, and financial reporting, and to assist financial analysts and investors with financial planning and forecasting. This allows finance teams to execute planning, analysis, and collaboration activities with exceptional rapidity and assurance.

Financial Planning and Analysis (FP&A) 52

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

CFO Talks

JANUARY 30, 2023

Increased automation of financial processes such as accounts payable, bank reconciliations, financial closes and reporting is freeing up the CFO’s time, enabling them to focus their energies on analysis and storytelling rather than crunching numbers.

Finance 52

Finance CFO Accounts Payable Forecasting 52

Centage

MAY 3, 2023

with Renee Sherman, Vice President of Finance Seamless Integration and Greater Detail Leads to Better Scenario Planning for Personnel Q: Can you tell us a little about your organization? I joined Urban Ventures in 2018 and immediately noticed that the budgeting and planning was very complex. all needed to be budgeted and planned for.

Budgeting 52

Budgeting Forecasting Nonprofit Reconciliations 52

CFO Simplified

NOVEMBER 28, 2022

It’s just a bunch of numbers, right? This information is critical for a number of reasons that we’ll explore in this article. Enterprise resource planning (ERP) is a system that helps businesses track and manage information related to their operations. Why is the Inventory Value Report Important? .

General Ledger 98

General Ledger CFO Accounts Payable Reconciliations 98

PYMNTS

JULY 10, 2019

The payments and technology giant announced Tuesday (July 9) the rollout of its Virtual Card Receivables Service, a tool to digitize the virtual card payment acceptance and reconciliation process for businesses.

Cash Flow Forecasting 62

Cash Flow Forecasting Reconciliations Invoicing B2B 62

Centage

SEPTEMBER 6, 2022

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. With its widespread use, some businesses may see Excel as their only solution for corporate financial planning. Security Disadvantages of Using Excel for Businesses.

Securities 52

Securities Cash Flow Forecasting Budgeting Forecasting 52

CFO Thought Leader

OCTOBER 10, 2023

Not unlike those of many of her peers, Howatson’s years in public accounting were laden with mentorship generously supplied by a partner (and a number of senior managers). Fast-forward a few years, as Howatson finds herself in a conference room seated alongside the company’s top management and a number of bankers.

CFO 52

CFO Financial Planning and Analysis (FP&A) Finance Reconciliations 52

VCFO

MARCH 4, 2022

Financial forecasts are critically important planning tools. Effective business planning requires an understanding of the desired end game for the entity. To assist in the reconciliation of differing expectations on what path to take or what an outcome will be, it is helpful to create more than one forecast view for discussion.

Forecasting 88

Forecasting Planning Reconciliations Leadership 88

PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. But the ERP of today doesn’t look like it used to.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

Planful

JULY 27, 2016

Are you wondering how best to make the business case to your company for investing in a cloud-based planning or reporting solution? Reducing Reliance on Spreadsheets for Budgeting, Planning, and Reporting. The key challenges in using spreadsheets and email for budgeting and planning: Too much manual work – the process takes too long.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Value-Added Analysis Budgeting 40

CFO News Room

DECEMBER 28, 2022

The Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in December 2019, brought a wide range of changes to the retirement planning landscape, from the death of the ‘stretch’ IRA to raising the age for Required Minimum Distributions (RMDs) to 72. Executive Summary. In addition, SECURE 2.0 backdoor Roth conversions).

Planning 130

Planning Securities Accounting Tax Planning 130

Corporate Finance Lab

DECEMBER 3, 2021

The Directive introduces the obligation to separate creditors into different classes for the purpose of voting on restructuring plans in order to prevent vulnerable creditors from being treated unfairly in business restructurings. After all, there currently exists no system of voting in separate classes under Belgian insolvency law (art.

Restructuring 64

Restructuring Planning Reconciliations Economics 64

PYMNTS

JANUARY 31, 2017

From the corporate side, he explained, converting to an ISO environment not only involves the payment itself but the whole cycle they have for taking payments, including the reconciliation and processing of payments. Meaning it’s not a quick and easy switch to make.

Numbers 40

Numbers Education Pharmaceutical Reconciliations 40

E78 Partners

NOVEMBER 16, 2023

The number of respondents identifying AI as their foremost priority has increased from 12% in 2021 to 40% in 2023. By accelerating essential tasks such as data entry, reconciliation, and reporting, finance teams, and CFOs specifically can focus on high-value activities, strategic planning, and oversight.

Marketing 52

Marketing Reconciliations Prioritization Strategic Planning 52

PYMNTS

DECEMBER 16, 2020

A growing number of businesses are therefore choosing to avoid so-called “fully insured” plans, instead electing self-funded health plans to save money. Providers often prefer receiving funds this way because plenty of data can be sent alongside the funds, leading to easier reconciliation, Rodewald said. “We

Healthcare 81

Healthcare Accounts Payable Reconciliations B2B 81

Fpanda Club

APRIL 11, 2021

This article explores the most common myths surrounding the financial planning and analysis function, its key activities and outputs which many FP&A stakeholders believe in. Storytelling to be able to explain what is covered behind the numbers. FP&A is boring. FP&A analysts are robots with no emotions. HOW TO DEAL WITH.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Forecasting Budgeting Financial Modeling 130

PYMNTS

FEBRUARY 26, 2020

Many are turning to enterprise resource planning (ERP) tools with accounts payable (AP) automation to harness both solutions’ abilities and level up their businesses’ values. It especially appeals to the growing number of chief financial officers and treasurers eager to make their AP departments profit centers.

Invoicing 83

Invoicing Accounts Payable Reconciliations Accounting 83

CFO Share

JULY 14, 2022

Is your balance sheet littered with negative numbers and old, incorrect figures? Small business owners benefit from a sophisticated GL structure customized to their business plan. If you plan to oversee a financial statement clean up project, here are the steps you should perform. Develop a plan.

General Ledger (GL) 52

General Ledger (GL) General Ledger Profit and Loss Invoicing 52

E78 Partners

MAY 8, 2024

It provides visibility into the relationships and dependencies between CIs, enabling effective impact analysis and change planning. Validation and Reconciliation: Once categorized, the telecom expenses are validated against predefined benchmarks or budget allocations.

Leverage 52

Leverage Auditing Compliance Invoicing 52

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 40

Compliance Reconciliations Currencies Finance 40

PYMNTS

APRIL 22, 2020

The company plans to hold a virtual rollout for CFOs, founders and investors on Thursday (April 23). The new offering is available on the Sage Intacct Marketplace and will work immediately to get data from the reconciliation and close parts of a deal.

Accounting 52

Accounting Reconciliations Leverage Startups 52

CS Lucas

APRIL 28, 2023

BENEFITS Integrating CS Lucas with your bank offers several benefits, including: Accurate and up-to-date information for planning : With integration, bank balances and electronic statements are automatically retrieved and populated in real-time, enabling faster and more informed decision-making.

Banking 52

Banking Reconciliations Transportation Securities 52

PYMNTS

JANUARY 3, 2019

To help the system identify customers, they might be prompted to enter their seat numbers or passenger name record (PNR) numbers on the device. . “We We don’t want [them] to enter PNR or reference numbers — it makes the experience a bit clunky,” Vorster said. We don’t have a bulletproof solution at the moment.” .

Reconciliations 52

Reconciliations Sales Numbers Securities 52

PYMNTS

DECEMBER 2, 2020

Aquilina said that’s a tremendous amount of volume, and suppliers have to stop everything to address what’s in those emails — double-checking the payment methods, the invoice numbers and other data associated with payments. Fragmentation also creates pain points for suppliers.

B2B 79

B2B Invoicing Accounts Payable Reconciliations 79

PYMNTS

JUNE 7, 2016

After a few weeks of painful reconciliation, the problem was solved – and a business opportunity was born. Massaro said that Flywire is working with a number of payment processing and banking partners so that they can have a physical presence in Brazil just like they’ve done in other key markets around the world like China and Singapore.

Planning 42

Planning Education Reconciliations Banking 42

PYMNTS

AUGUST 1, 2019

s gig economy surfaced from the University of Hertfordshire, concluding that the number of gig workers in Britain has more than doubled in the last three years, now reaching 4.7 Huge numbers are being forced to take on casual and insecure platform work — often on top of other jobs.”. Last month, new data on the U.K.’s

Reconciliations 60

Reconciliations Compliance B2B Banking 60

The Finance Weekly

SEPTEMBER 10, 2023

It uses accounting rules like matching and accruals to show numbers (not cash transactions). It reveals where the company gets its cash and how it spends it on day-to-day activities or for future plans. Important points to remember: It shows a business's earnings and spending. It covers a specific time frame (like a year or a quarter).

Finance 52

Finance Financial Modeling Forecasting Concentration 52

PYMNTS

APRIL 18, 2019

” “It replaces a number of different systems that companies use to manage how they spend money,” he added, noting that organizations can struggle to manage their hundreds of expenditures, and are often forced to rely on disparate and fragmented processes. That data is then pushed into back-office systems. ”

Reconciliations 51

Reconciliations Invoicing Finance Accounting 51

PYMNTS

JUNE 29, 2018

These travelers might be prepared to pursue opportunities in new markets, but the challenges of cross-border payments can throw a wrench into even the best-laid plans. This] eliminates any risk of someone getting a hold of that number and using it somewhere else.”. Solving The Reconciliation Riddle.

Reconciliations 43

Reconciliations General Ledger Foreign Exchange Currencies 43

PYMNTS

FEBRUARY 24, 2020

For the accounts payable (AP) and enterprise resource planning (ERP) automation space, it’s no longer business as usual. However, businesses looking to adopt cloud-based ERP solutions can run into a number of logistical, organizational and even social hurdles, which can slow successful integrations into companies’ broader AP operations.

Accounts Payable 89

Accounts Payable Invoicing Education Reconciliations 89

Planful

JANUARY 11, 2022

Now is the time for CFOs at organizations of all sizes to lean on AI to plan, budget, and forecast with greater accuracy, speed, and confidence. Without AI, employees are burdened with hours of monotonous tasks like reporting and data reconciliation. What does this all mean? 1 – Let AI do the heavy lifting.

Financial Planning and Analysis (FP&A) 40

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

PYMNTS

AUGUST 3, 2020

A growing number of workers have come to expect payment options that keep pace with their needs and lifestyles. More than 400,000 Walmart employees use its early payment service — a significant number that is still less than half of its 1.5 million workers.

Economics 84

Economics Reconciliations Numbers Accounting 84

The Charity CFO

MARCH 2, 2022

A couple things actually, number one, that we’ve alluded to transition in leadership. You, and really oftentimes it’s an understanding of the compliance needs issue, um, and a skillset, frankly, rather than, rather than a… a number of bodies issue. And that I think is where a lot of organizations really struggle.

Nonprofit 98

Nonprofit Auditing Reconciliations Accounting 98

PYMNTS

MAY 22, 2018

“When it comes to international billing, the process is far more complex, and if your invoicing does not make it easy for your international customers to pay you, it creates a domino effect of problems starting with extended DSO, high reconciliation costs, compliance issues and poor customer satisfaction.”. Since June 2017, Flywire ’s U.K.

Reconciliations 52

Reconciliations Invoicing Education Compliance 52

PYMNTS

DECEMBER 18, 2020

“PYMNTS' research confirms that firms turning to automation technologies to help with AR functions such as cash application, payment acceptance, collections, customer credit checks and reconciliation during the pandemic are finding themselves in a better position to more easily adapt to changing market dynamics,” per the new Playbook.

Treasury 76

Treasury Invoicing B2B Reconciliations 76

CFO Simplified

APRIL 8, 2022

Bank reconciliations should be reviewed by management. Focusing on those important numbers will improve critical decision-making to operate the business. Soon the numbers become larger, and there’s no going back. Provide close oversight of cash operations: New vendors should be approved by management.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Reconciliations Forecasting 52

PYMNTS

DECEMBER 2, 2020

Neal Watkins , EVP of small segment at Sage, said in the announcement that satisfying the requirements of small companies is even more important at a time when a number of these entities have come into a “clear cashflow crisis.”. Germany's Aareal Bank Group Rolls Out B2B Payment Platform. 1) announcement.

Cash Management 57

Cash Management B2B Foreign Exchange Banking 57