Cube Software

JANUARY 7, 2023

That's where account reconciliation comes in. (And for you triple-checkers and quadruple-checkers: we see you.). But what happens when you find discrepancies between accounts? Or an error in a financial statement? And we'll tell you all about it in this guide. What it is. When you need to do it. And how to get it done. Keep reading.

Reconciliations 52

Reconciliations Accounting 52

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 General Ledger Accounts Payable 56

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

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.

Reconciliations 52

Reconciliations Treasury 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

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

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 Manufacturing 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 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

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

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 89

SAP Accounting Reconciliations General Ledger 89

FISPAN

OCTOBER 17, 2023

FISPAN and Sage partner to help businesses remove complexity from their accounts payable and reconciliation processes by integrating banking directly into their Sage Intacct ERP system.

Accounts Payable 59

Accounts Payable Reconciliations Banking Accounting 59

The Charity CFO

MARCH 6, 2024

Red Flag #1: Bank Account Reconciliation Whether the business is accrual or cash basis, it does not matter. Reconciliation is necessary and the bare minimum for successful completion of the accounting role. Once these have been transferred into the accounting system, QuickBooks for example, reconciliation is the next step.

Nonprofit 59

Nonprofit Accounting Reconciliations Invoicing 59

CFO News

DECEMBER 25, 2023

What's underway is a line-wise reconciliation of the two sets of numbers under different heads - house rent allowance, medical insurance, outgo on home loans, tax saving investments under 80c etc.

Reconciliations 52

Reconciliations Investments Numbers 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 97

Banking Reconciliations Accounting 97

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

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.,

Problem Solving 52

Problem Solving Reconciliations Forecasting Budgeting 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

Future CFO

OCTOBER 22, 2023

Since BlackLine, we have seen 100% on-time completion rates for all month-end reconciliations. With BlackLine Task Management, managers and employees know what needs to be done and on what timeline. That increased visibility drives accountability,” said Santo Ahmed, group financial controller at Resimac.

Finance 94

Finance Reconciliations Currencies Accounting 94

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 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.

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Reconciliations CFO Finance Invoicing 130

FISPAN

JANUARY 12, 2022

Data feeds eliminate a significant portion of users' frustration with their experience when accessing information reporting and conducting reconciliations for bank clients. Data Quality To support an up-to-date, high-quality user experience, FISPAN goes beyond data aggregation and data passthrough.

Reconciliations 96

Reconciliations Banking Securities Leverage 96

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

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.

Leadership 52

Leadership CFO Reconciliations Finance 52

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 General Ledger Reconciliations Healthcare 73

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 Communication Securities 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 Leadership Finance 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 Accounts Payable General Ledger 52

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 Marketing Reconciliations Leadership 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 90

SAP Accounting IFRS Reconciliations 90

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 Leadership Finance 52