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Generative AI is a game changer

Future CFO

Yes, in the sense that there are a lot of analyses that can now be handled by Gen AI and No, because it transforms accountants from number crunchers to strategic advisors. It goes beyond business analytics, which guides future actions from past performance.

Auditing 111
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Management Accounting – Helping Accountants Grow the Beans

Planful

Despite some advances in the application of new costing techniques such as activity-based costing, are management accountants adequately satisfying the needs of managers and employee teams for decision-based cost information? That is, are the accountants still just counting the beans, or are they helping to grow the beans?

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AP Still An Archaic Process, Says Tipalti

PYMNTS

For years, accounts payable has had a reputation for being slow, manual and inefficient. A report released by the B2B payments company this month, conducted by TechValidate Market Research, found that the majority of companies are still depending on manual processes in their accounts payable routines.

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The Talent Tussle: Labor Shortage Hits CPAs and CFOs Alike

Global Finance

And they typically boast a deep understanding of accounting principles, analysis, and business strategy—essentials in guiding an organization toward its goals. Indeed, it’s hard to make accounting sexy when “Instagram influencer” is a viable career option. There’s just one problem, Bokhari says: “We’re competing with glamour.”

CFO 105
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The top 10 in-demand shared services skills in the finance function

Future CFO

There are 10 most sough-after shared services skills in the finance and accounting function in the past year, said Gartner recently. These shared services skills, according to GartnerTalentNeuron analysis of job postings in the finance and accounting function between July 2020 and July 2021, are as follows. Accounting experience.

Finance 75
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5 Reasons Why Your Organization Needs Microsoft Power Platform

Collectiv

Power BI is Microsoft’s business analytics service. Drive accountability with data owners and stewards. What is Microsoft Power Platform? Microsoft Power Platform ties together four best-in-class services: Power BI, Power Apps, Power Automate , and Power Virtual Agents. Be vigilant with shadow analysts.

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2018 Recap: B2B Payments Innovation Welcomes Bank-FinTech Collabs — And Beyond

PYMNTS

Businesses procuring goods on the Handshake Direct eCommerce website and mobile app are now able to use major credit cards to make their payments, while vendors selling on the platform can see those funds deposited into their accounts within two business days, with transactions powered by Square.