Global Finance

MARCH 1, 2025

Bank of Jiangsu says the app is powering contract quality inspection and automatic reconciliation evaluations as well as the mining and analysis of massive amounts of financial data. Bank of Beijing uses the app for data analysis through a partnership with Chinese IT conglomerate Huawei.

Banking 112

Banking Data Analysis Reconciliations Financial Data 112

The Charity CFO

MAY 13, 2025

Without accurate reconciliations, your cash position is a guess at best. To fix this, start by performing monthly reconciliations for every bank and credit card account. Use accounting software with built-in reconciliation tools, and make sure someone other than the bookkeeper is reviewing them for accuracy.

Accounting 82

Accounting Nonprofit Reconciliations CFO 82

CS Lucas

MAY 9, 2024

Bank reconciliation is a crucial process that ensures the accuracy of a company’s financial records against the bank’s account statements. A reconciliation statement serves to validate that payments have been processed and deposits correctly recorded. Please see CS Lucas user guide on bank reconciliation.

Reconciliations 52

Reconciliations Banking Treasury Accounting 52

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

The Finance Weekly

OCTOBER 30, 2024

Automation - Reduce manual tasks like bank reconciliations , allowing finance teams to focus on strategic decision-making. Automation - The platform automates routine tasks, including bank reconciliations and cash position reports. Why It Stands Out Trovata’s strength lies in its automation capabilities.

Cash Management 52

Cash Management Cash Flow Forecasting Reconciliations Forecasting 52

CFO Dive

NOVEMBER 13, 2023

To speed up expense reconciliation — and, in turn, the financial close — companies need to ditch manual processes and embrace solutions that make managing travel and expenses faster and easier.

Reconciliations 157

Reconciliations 157

CS Lucas

JUNE 9, 2025

Account reconciliation occurs between GL and CSL subsidiary ledger only. Multiple processing layers and reconciliation points. These ERP accounts will act as “control accounts” CSL maintains detailed treasury transaction records to support the balances on these ERP control accounts and provide analysis thereof.

General Ledger 52

General Ledger Accounting Treasury Reconciliations 52

Trade Credit & Liquidity Management

MAY 29, 2025

Smart Payment and Reconciliation Tools: Odoo offers smart reconciliation features that automatically match payments with invoices and bank statements, simplifying the payment recording process and improving cash flow visibility. This automation supports faster and more accurate accounts receivable workflows.

Reconciliations 52

Reconciliations Invoicing Accounting Technology 52

Global Finance

NOVEMBER 29, 2024

These are collection accounts specifically developed to collect various public taxes: The amount of the advance available is determined based on expected receipts, and enriched reporting data enables automatic reconciliation in public accounting systems. At the end of 2023, Belfius had more than 12,000 public sector clients.

Cash Management 98

Cash Management Treasury Reconciliations Banking 98

CFO Talks

NOVEMBER 20, 2024

These tools can automate complex reconciliations and streamline reporting processes, saving time and reducing errors. Upskill your team in international reporting standards or bring in experts who can handle the nuances of both IFRS and GAAP. Leverage Technology Financial reporting software isn’t just a nice-to-have; it’s a necessity.

IFRS 98

IFRS GAAP Currencies CFO 98

Simply Treasury

AUGUST 3, 2022

Automated bank connectivity through a single secure channel has become essential to reduce costs, facilitate on-boarding by banks, secure transactions, speed up and automate reconciliations and reduce staff workload. It will be traceable, secure and will allow the retrieval of bank statement information to automate the reconciliation.

Banking 147

Banking Reconciliations Treasury Securities 147

Future CFO

FEBRUARY 14, 2025

Platforms like Hitachi iQ enable advanced financial modelling and anomaly detection, while automation has reduced the burden of reconciliation and regulatory reporting, allowing teams to focus on strategic decision-making."

Cash Flow Forecasting 78

Cash Flow Forecasting Compliance Leverage Reconciliations 78

Trade Credit & Liquidity Management

MAY 29, 2025

AR Automation Tools: Solutions like Visa’s AR Manager automate payment reconciliation, integrate with ERP systems, and provide dashboards for managing receivables, reducing delays, and accelerating payment cycles.

Cash Flow Forecasting 52

Cash Flow Forecasting Reconciliations Forecasting Prioritization 52

Future CFO

MARCH 31, 2025

The whitepaper focuses particularly on the potential of ISO 20022 XML, a messaging format that is specific to reducing friction in account receivable reconciliation and cash allocation processes. This reduces the need for banks to manually intervene in the process, making near real-time, cross border wholesale payments a reality.

Reconciliations 52

Reconciliations Accounting Banking Technology 52

CFO Talks

FEBRUARY 10, 2025

To mitigate this, CFOs can start small; automating reconciliation and reporting workflows first before scaling. High Implementation Costs Many companies hesitate due to the upfront cost of automation software. However, the long term savings far outweigh the investment.

Financial Reporting 90

Financial Reporting IFRS Leadership Reconciliations 90

PYMNTS

JANUARY 26, 2021

Doing so, the bank noted, will streamline and enhance a range of payment-related workflows, including sanctions screening, anti-money laundering (AML) checks, reporting and reconciliation. HashCash Brings Blockchain Tech To Unnamed Bank. to bring its blockchain-powered corporate trade financing technology into the entity.

Banking 142

Banking Reconciliations Financial Data B2B 142

Future CFO

JUNE 1, 2025

Companies increasingly adopt digital tools to improve cash flow forecasting, automate reconciliation, and manage liquidity more effectively," he adds. Kamra highlights fintech innovations that enable real-time payments, automated reconciliation, and predictive analytics for dynamic risk management.

Economics 59

Economics Mergers and Acquisitions (M&A) Treasury Cash Flow Forecasting 59

The Charity CFO

MAY 12, 2025

The absolute baseline of a nonprofit accounting team should include: An Accounting Associate or Bookkeeper Responsible for accurate, timely transaction entry, reconciliations, and supporting documentation. And weve seen firsthand that financial clarity starts with the right people in the right roles.

Nonprofit 90

Nonprofit Accounting Leadership CFO 90

PYMNTS

OCTOBER 5, 2020

Comdata, she said, has mimicked the flow from claims to invoice to payment to reconciliation. “The shift I have seen there,” she told PYMNTS of healthcare firms, “that was most effective is providers [the vendors] had their way of going through the process either from an [accounts payable] or [accounts receivable] perspective.”.

B2B 130

B2B Healthcare Reconciliations Accounts Payable 130

PYMNTS

MAY 6, 2020

In an interview with Karen Webster, Simon Barker, CEO of Conferma Pay, explained that the announcement heralds the first time key attributes of virtual commercial cards — including expense controls and seamless data reconciliation — are being tied to tap-and-go payments, with the ease of use that mark contactless consumer payments.

Reconciliations 107

Reconciliations Entertainment B2B Banking 107

PYMNTS

DECEMBER 29, 2020

APIs have similarly become valuable tools to automate reconciliation and accounting via interconnectivity between AR, AP and accounting systems. It's a concept that involves the seamless, automated movement of documents and data between parties and through workflows, from purchase order to invoicing to payment to reconciliation.

B2B 114

B2B Reconciliations Accounts Payable Invoicing 114

PYMNTS

DECEMBER 16, 2020

Commercial cards have seen an increased adoption in both large and small Indian businesses as an option to protect and digitize supplier payments, drive savings and simplify reconciliation, according to the release. Corporates will have improved compliance and security in strategic purchases and larger payments.

Reconciliations 92

Reconciliations B2B Invoicing Compliance 92

FISPAN

AUGUST 5, 2022

FISPAN delivers a seamless commercial banking experience, allowing you to directly manage your payables, view all bank account and transaction details, eliminate manual uploads, automate your reconciliation, and more, all from within NetSuite.

Banking 97

Banking Reconciliations Accounting 97

E78 Partners

NOVEMBER 19, 2024

Conducting regular internal audits and compliance checks can ensure your transaction documentation, account reconciliations, and accounting policies meet current standards, reducing the risk of audit issues.

Auditing 52

Auditing GAAP Restructuring Compliance 52

CFO Strategic Partners

APRIL 15, 2025

Balance Sheet Reconciliations. Paying attention to bank reconciliations is one of the easiest ways to identify errors or issues in the accounting processes. Smaller companies may choose to do other account reconciliations on a quarterly basis (fixed assets, prepaid expenses, A/R, A/P). Do these every month!

Auditing 40

Auditing Reconciliations Leadership Valuation 40

CFO News Room

DECEMBER 16, 2021

These would include eliminating reconciliations altogether (by implementing integrated modules such as fixed assets) or performing reconciliations continually during the period rather than during the period close. . There are ways of flattening out the activities of the finance team, keeping stress levels optimal throughout.

Reconciliations 130

Reconciliations CFO Finance Invoicing 130

PYMNTS

NOVEMBER 12, 2020

Revenue Cloud will also work to improve revenue efficiency via automation, including relieving the burden of teams working with manual processes for approvals, data reconciliation and order transcriptions between numerous systems.

B2B 126

B2B B2C Reconciliations Sales 126

Global Finance

MAY 6, 2025

Business accounts have also evolved, with customers able to generate tokenized account numbers that add precision to transaction reconciliations. Using the Velocity platform, the banks accounts are tokenized and embedded into QR codes, enabling customers to make instant payments via mobile phones.

Cash Management 52

Cash Management Leverage Banking Reconciliations 52

CFO Thought Leader

MAY 6, 2025

Internally, interactive sales roleplay, customer360 dashboards, contract review, and automated reconciliations already demonstrate AIs 60percent productivity lift. Upmanyu now drives hybridcloud expansion, leading with publiccloud offerings and enterprise AI while guarding data privacy.

CFO 52

CFO Reconciliations Construction Finance 52

Future CFO

APRIL 9, 2025

Their jobs become more time-consuming due to the manual reconciliation and workarounds necessary to address data discrepancies. Finance teams feel a direct impact from these inefficiencies, as they are directly responsible for ensuring the accuracy of revenue recognition, closing the books on time, and delivering reliable financial forecasts.

IFRS 52

IFRS Auditing Forecasting Compliance 52

PYMNTS

NOVEMBER 18, 2020

She said data can be the glue that helps ensure payments are interconnected and reconciled automatically – and reconciliation can be likened to the “holy grail” of treasury management. Chayt added that the move toward real-time reconciliation marks a new phase in the evolution of real-time processes. Eyeing Efficiency . Looking Ahead.

Reconciliations 98

Reconciliations B2B Banking Treasury 98

PYMNTS

NOVEMBER 23, 2020

The result, according to the firms: simplified money movement between buyers and suppliers and automated payment processing and expense reconciliation. Commercial Pay Travel helps companies manage business travel spend by integrating with business travel reservation processes and reconciliation. Visa and Conferma Pay said Monday (Nov.

B2B 115

B2B Reconciliations Finance eCommerce 115

The Charity CFO

APRIL 1, 2025

This section focuses on: Approval workflows and disbursement controls Monthly reconciliations and reporting cycles Digital document retention Audit readiness and compliance planning These practices are essential to creating a trustworthy, funder-ready organization.

Nonprofit 80

Nonprofit CFO Leadership Cash Flow Forecasting 80

PYMNTS

MAY 12, 2020

The offering provides increased control over payments and enhanced data exchanges, enabling automated reconciliation for suppliers as well as the application of all payment options approved by them, according to an announcement.

Reconciliations 84

Reconciliations B2B Invoicing Compliance 84