CFO Dive

MARCH 29, 2022

Financial fraud in the business world has many forms; the most difficult to detect, and expensive one being financial statement fraud.

Reconciliations 130

Reconciliations 130

PYMNTS

JULY 12, 2019

Order-to-cash solutions provider Billtrust has added Priority Commercial Payments to its Business Payments Network (BPN) to streamline B2B payments reconciliation, the companies said in a press release this week.

Reconciliations 51

Reconciliations B2B Accounts Payable Accounting 51

PYMNTS

APRIL 7, 2020

The Transaction Matching software goes hand-in-hand with OneStream’s existing Account Reconciliation. The program can be used for everything from intercompany transactions, accounts payable and receivable, travel and entertainment (T&E) reporting, bank clearing and lockbox to general ledger cash accounts.

Reconciliations 56

Reconciliations Accounting Accounts Payable General Ledger 56

PYMNTS

JULY 15, 2020

. “Having experienced continued growth and commitment to its credit union and bank clients during this pandemic, CheckAlt is delighted to work with Tru Treasury to provide our suite of turnkey treasury payment solutions that accelerate payments and simplify reconciliation for credit union members,” he said, according to the release.

Treasury 52

Treasury Reconciliations Nonprofit Banking 52

PYMNTS

JULY 27, 2020

Eighty-five percent of the country’s banks, or 55 banks total, have made use of the solution to help switch up the process of interbank reconciliation. She said the Corda process has shortened that down to just one day to complete a reconciliation.

Reconciliations 52

Reconciliations Banking Currencies Numbers 52

PYMNTS

APRIL 19, 2016

has launched a new reconciliation software designed to help financial institutions decrease their overall risk when it comes to reconciling cash transactions and replenishments across their ATM devices. NCR Reconciliation is fully integrated with NCR’s Channel Management suite and is deployed as part of the same Web-based user interface.

Reconciliations 42

Reconciliations Banking 42

PYMNTS

MAY 16, 2016

The innovators at SmartStream Technologies have introduced the first solution from its SmartLabs innovation center, and it’s a tool for financial services companies to streamline the reconciliation process. Twiggs added that the reconciliation solution was born out of its lab to develop disruptive technologies for corporations.

Reconciliations 40

Reconciliations Invoicing Technology Sales 40

Cube Software

SEPTEMBER 25, 2023

data entry, compiling and consolidating reports, and manual reconciliation) eat into valuable time that could be better spent on strategic thinking and more complex problem-solving. Time-consuming, manual tasks can significantly slow down FP&A teams. These tasks (e.g.,

Reconciliations 52

Reconciliations Problem Solving Forecasting Budgeting 52

Bramasol

AUGUST 31, 2023

Streamlined Reconciliation - The revenue recognition process is fully integrated into the Universal Journal. In addition, this internal reconciliation process can feed into other external enterprise level reconciliation processes, such as Blackline, if appropriate.

SAP 86

SAP Accounting Reconciliations IFRS 86

Cube Software

DECEMBER 30, 2022

From data collection to reporting to financial management, FP&A and accounting teams have a lot of responsibilities.

Reconciliations 52

Reconciliations Accounting 52

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

PYMNTS

FEBRUARY 19, 2018

Travel booking company Webjet , based in Australia, has launched a blockchain solution for the hotel industry to manage reconciliation in hotel distribution.

Reconciliations 43

Reconciliations B2B Accounts Payable Invoicing 43

PYMNTS

MARCH 2, 2020

Late payments are a reflection of a broader challenge in B2B payments: Large corporate buyers can wield their market power with small suppliers that lack leverage to negotiate faster payment terms. But late payments aren’t the only symptom of unequal B2B relationships.

Reconciliations 57

Reconciliations Invoicing B2B Retail 57

PYMNTS

MARCH 10, 2020

Australian cross-border FinTech unicorn Airwallex is integrating with New Zealand’s cloud-based accounting platform Xero , Airwallex announced Tuesday (March 10). The collaboration is aimed at assisting Airwallex’s small- to medium-sized business (SMB) customers to easily handle local and global payments.

Reconciliations 52

Reconciliations Foreign Exchange Currencies Finance 52

CFO Thought Leader

AUGUST 22, 2023

Ledge empowers finance teams with tools to centralize their payments data, get a real-time payments snapshot, automate multi-way reconciliation, identify problem transactions, accelerate their investigations, and dramatically lower the risk of losses, all without any engineering support.

CFO 52

CFO Reconciliations Finance Leadership 52

CFO Simplified

DECEMBER 19, 2022

I realize that I have been impactful to my client’s AP clerk, in helping her complete her bank statement reconciliations. Now you are wondering how working with someone on a bank reconciliation can be impactful. Afterall, the exercise only involves bringing a cash book balance and bank balance into agreement, and you might be right.

Reconciliations 52

Reconciliations CFO Banking Numbers 52

https://trustedcfosolutions.com/feed/

MARCH 22, 2023

Reconciliations — Reconciliations involve comparing your accounts payable ledger to your vendor statements and ensuring they match. This includes the segregation of duties, approval workflows, and regular audits. With Sage Intacct, you define the invoice workflows and approval thresholds, so nothing falls through the cracks.

Accounts Payable 108

Accounts Payable Accounting Invoicing Reconciliations 108

CFO Thought Leader

AUGUST 15, 2023

Ledge empowers finance teams with tools to centralize their payments data, get a real-time payments snapshot, automate multi-way reconciliation, identify problem transactions, accelerate their investigations, and dramatically lower the risk of losses, all without any engineering support.

CFO 52

CFO Reconciliations Marketing Finance 52

CFO Thought Leader

AUGUST 10, 2023

Ledge empowers finance teams with tools to centralize their payments data, get a real-time payments snapshot, automate multi-way reconciliation, identify problem transactions, accelerate their investigations, and dramatically lower the risk of losses, all without any engineering support.

CFO 52

CFO Finance Reconciliations Leadership 52

CFO Thought Leader

AUGUST 8, 2023

Ledge empowers finance teams with tools to centralize their payments data, get a real-time payments snapshot, automate multi-way reconciliation, identify problem transactions, accelerate their investigations, and dramatically lower the risk of losses, all without any engineering support.

CFO 52

CFO Reconciliations Finance Leadership 52

CFO Thought Leader

JULY 31, 2023

Ledge empowers finance teams with tools to centralize their payments data, get a real-time payments snapshot, automate multi-way reconciliation, identify problem transactions, accelerate their investigations, and dramatically lower the risk of losses, all without any engineering support.

CFO 52

CFO Reconciliations Finance Leadership 52

Spreadym

JULY 10, 2023

Here are the typical steps involved in the financial close process: Pre-Close Activities: This phase involves preliminary activities to prepare for the close process, such as reviewing account reconciliations, ensuring the completeness of transactions, and resolving any outstanding issues or discrepancies.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Financial Reporting Accounts Payable 52

CFO Thought Leader

JULY 6, 2023

Ledge empowers finance teams with tools to centralize their payments data, get a real-time payments snapshot, automate multi-way reconciliation, identify problem transactions, accelerate their investigations, and dramatically lower the risk of losses, all without any engineering support.

CFO 52

CFO Reconciliations Finance Leadership 52

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 71

Banking Reconciliations Accounting 71

CFO News

APRIL 18, 2023

Businesses must take up reconciliations regularly throughout the month and instantly convey any misreporting, omissions or delays in ITC reporting to their respective sellers. The changes in ITC rules have added responsibilities on businesses to reconcile and communicate with vendors more often.

Reconciliations 52

Reconciliations Invoicing Securities Communication 52

PYMNTS

JUNE 12, 2020

Freelancers have seen particularly harsh economic effects from the ongoing pandemic. Forty percent of those in the U.S. have lost at least $10,000 in income since its onset, leaving many operating on fast-declining savings. The nation

Reconciliations 53

Reconciliations Invoicing Finance Economics 53

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

CFO Thought Leader

AUGUST 29, 2023

Ledge empowers finance teams with tools to centralize their payments data, get a real-time payments snapshot, automate multi-way reconciliation, identify problem transactions, accelerate their investigations, and dramatically lower the risk of losses, all without any engineering support.

CFO 52

CFO Reconciliations Finance Leadership 52

CFO Thought Leader

AUGUST 24, 2023

Ledge empowers finance teams with tools to centralize their payments data, get a real-time payments snapshot, automate multi-way reconciliation, identify problem transactions, accelerate their investigations, and dramatically lower the risk of losses, all without any engineering support.

CFO 52

CFO Reconciliations Finance Leadership 52

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 Reconciliations Accounts Payable General Ledger 98

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

Future CFO

SEPTEMBER 13, 2023

Failures result in billing, invoicing, reconciliation, and settlement delays while adding time, inefficiency, and frustration to an organisation’s intercompany operations, BlackLine note.

Accounting 52

Accounting Reconciliations Invoicing Currencies 52

Bramasol

JANUARY 9, 2023

You will hear about CLM’s end-to-end integration provides robust support for the lease modification process, reduces manual journal entries and improves reconciliations crucial for day-to-day active lease management.

SAP 87

SAP Accounting IFRS Reconciliations 87

PYMNTS

JANUARY 22, 2019

Accounting, consultancy and technology firm Crowe is rolling out a new solution designed for hospitals to automate daily bank reconciliation processes and manage cash flow, the company said in a recent announcement. Hospitals can often struggle to manually reconcile cash flow coming from multiple sources.

Cash Management 73

Cash Management Reconciliations General Ledger Healthcare 73

Future CFO

SEPTEMBER 22, 2023

Enhanced Efficiency: The primary benefit of integrating Generative AI into GST management is the significant reduction in time and effort required for reconciliation. Chartered accountant Abhinit Singh shares his views on how generative AI is transforming in the GST management landscape of India.

Invoicing 52

Invoicing Reconciliations Compliance Vendor Management 52