Onplan

DECEMBER 16, 2021

Accurate cash flow forecasting is essential. Cash is king, especially in a small, fast-growing business that may not yet be profitable. Staying on top of your cash flow helps you figure out how long your funds will last so you can make smart decisions about where to invest and where to pare back your spend.

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting Prioritization Investments 52

Centage

NOVEMBER 21, 2023

Having a solid grip on your cash flow forecast and reporting is one of the most important factors for any business to track. Given the current climate, paying attention to cash flow has become more vital to a business’ success than ever. Doing this can help you plan expenditures for predicted low periods.

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting Budgeting Sales 52

Centage

JUNE 28, 2022

With less cash to count on, knowing your cash flow position with cash flow forecasting has never been more important: how much is really in the bank, how much is available on short notice, what revenues are coming in when, and what resources are going out and when. Learn More.

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting Financial Planning and Analysis (FP&A) Budgeting 52

Centage

DECEMBER 19, 2023

Cash flow forecasting provides much needed insight when preparing for known unknowns — it’s the most effective way to start future-proofing your business for the year ahead. What is a cash flow forecast?

Cash Flow Forecasting 52

Cash Flow Forecasting Financial Planning and Analysis (FP&A) Forecasting GAAP 52

PYMNTS

SEPTEMBER 4, 2019

Late payments have caught the attention of regulators around the world, and of FinTechs exploring ways to accelerate cash flow for B2B companies struggling to make a profit when invoices are left unpaid. The AR-Cash Flow Connection. But that data is siloed and often unstructured. The Financial Consequences.

Cash Flow Forecasting 61

Cash Flow Forecasting Accounting Forecasting Accounts Payable 61

Global Finance

SEPTEMBER 9, 2024

They need efficient tools to manage cash flows, both cash in and cash out, and to predict the impact of something specific to their treasury needs.” “Treasurers need to optimize as much as possible and be more agile,” Carrere says.

Treasury 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

PYMNTS

NOVEMBER 13, 2018

APIs offer third-party FinTech firms new opportunities to make use of valuable data stored within traditional bank accounts. Such is the case in cash flow management, according to Chief Commercial Officer Simon Lyons of The Slide App , a new mobile tool rolled out by virtual account management solutions provider Cashfac.

Cash Flow Forecasting 73

Cash Flow Forecasting Accounting Banking Forecasting 73

CFO Talks

NOVEMBER 27, 2024

A cash flow forecast highlighting potential shortfalls in three months and a proposed action plan to address them shifts the focus from reactive to proactive decision-making. Assign each task to a responsible team member with a deadline to ensure accountability.

Cash Flow Forecasting 52

Cash Flow Forecasting Leadership CFO Benchmarking 52

Simply Treasury

JUNE 3, 2021

Major priorities over the next one to two years: We are not surprised that Cash-Flow Forecasting comes out on top when the COVID crisis has been hitting us for the past year. The uncertainties surrounding the economy explain the difficulty in producing reliable and accurate forecasts.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

OCTOBER 7, 2020

The second is transaction timing, which can make sure that the customer actually has sufficient funds in their account at the time of payment authorization. Taking The Headache Out Of Cash Flow Forecasting. The first is “wallet cleanup,” which ensures that customer payment credentials are up to date. Wimmer said J.P.

Cash Flow Forecasting 103

Cash Flow Forecasting Accounts Payable Forecasting Treasury 103

PYMNTS

FEBRUARY 20, 2019

One of the most popular targets for innovators is the accounting space, where business processes touch on various aspects of an overall company, from accounts receivable and payable to cash forecasting and financial strategy development. This has introduced a new dynamic for the small business accountant.

Accounting 76

Accounting Cash Flow Forecasting Startups Forecasting 76

CFO Simplified

JUNE 23, 2022

It’s not unusual in a small company for the accounting manager to become the controller and then become the CFO. Reconciles the bank accounts. Codes and processes Accounts Payable invoices. Issues Accounts Payable checks. Here’s a list of ten tactical things that a controller does: Maintains the company’s bank balance.

CFO 96

CFO Cash Flow Forecasting Accounts Payable Forecasting 96

CFO Simplified

JANUARY 23, 2025

Create a cash flow forecast Effective cash flow management and forecasting remains a cornerstone for business success,as it can help you anticipate your companys financial needs and ensure the stability of your operations throughout the year.

Cash Flow Forecasting 52

Cash Flow Forecasting Communication Budgeting Forecasting 52

PYMNTS

DECEMBER 29, 2020

In this week's roundup of bank-FinTech collaboration and open banking initiatives, Citi embraces the unlocking of account data to third-party FinTechs, while WEX weighs in on opportunity for banks to take advantage of partnerships. The company is focusing on users that may be underbanked, lacking traditional bank accounts.

Cash Flow Forecasting 123

Cash Flow Forecasting B2B Startups Financial Data 123

CFO Plans

FEBRUARY 17, 2025

It’s imperative to track financial health indicators, such as cash flow statements, balance sheets, and profit and loss accounts. These documents reveal trends that can signal potential cash flow problems, allowing you to act before issues escalate. Learn how CFO Plans can help you monitor these vital signs.

Cash Flow Forecasting 52

Cash Flow Forecasting CFO Profit and Loss Startups 52

PYMNTS

DECEMBER 14, 2020

Cash flow is key to maintaining a viable business during the pandemic. Amid market volatility, organizations are finding it imperative to accelerate their accounts receivables while extending accounts payables and still maintaining positive buyer-supplier relationships. Cash In, Cash Out. Many Moving Parts.

Accounts Payable 123

Accounts Payable Cash Flow Forecasting Invoicing Prioritization 123

CFO Simplified

DECEMBER 12, 2021

The terms “finance” and “accounting” are often used interchangeably. There are, however, very real differences between finance and accounting. While many business owners look for a CFO to bolster their existing accounting team, here at CFO Simplified, we consider that a CFO would be categorized squarely in the finance category.

Accounting 52

Accounting Finance Cash Flow Forecasting Quantitative Analysis 52

Future CFO

JANUARY 26, 2024

The outcome is boosted efficiency, increased accuracy, cost reduction, and stronger supplier relationships—a game-changer in Accounts Payable that allows finance leaders to navigate uncertain economic conditions and elections with confidence. The post Transforming accounts payable operations through AI appeared first on FutureCFO.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Accounting Invoicing 52

PYMNTS

MARCH 8, 2020

The improvements will be in the fields of cash flow forecasting, payments, late payments, administration and payroll compliance. QuickBooks ’ new cash flow forecasting feature, the company said, will lend business owners 30- and 90-day forecasts for cash flow, using data held within their accounts.

Cash Flow Forecasting 73

Cash Flow Forecasting Forecasting Invoicing Compliance 73

PYMNTS

JANUARY 8, 2021

“One thing is customer service, but the other is liquidity management or cash flow forecasting, and that's new to a lot of organizations.”.

Cash Flow Forecasting 139

Cash Flow Forecasting Banking Education Reconciliations 139

PYMNTS

JUNE 19, 2018

Small business software provider Zetran is adding an accounting solution to its suite of services, the company said on Sunday (June 17). In a press release , Zetran said it saw a gap in the market for affordable automation software for small and medium-sized business accounting firms.

Accounting 46

Accounting Cash Flow Forecasting Budgeting Forecasting 46

Centage

SEPTEMBER 6, 2022

While there are many alternatives to spreadsheets, some organizations still consider them an important part of their accounting procedures. Over 750 million people use the application, and 63% of businesses say they rely on the tool heavily for their accounting needs. Still, many depend on this program for these critical tasks.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

PYMNTS

JUNE 26, 2020

This challenge exists for professionals across the back office, but in business accounting, the lack of data integration and accuracy mean finance experts are spending valuable time correcting information and moving numbers from one platform to another. ” Supporting an Accounting Shift.

Accounting 52

Accounting Cash Flow Forecasting Invoicing Prioritization 52

PYMNTS

MAY 15, 2017

Accounts receivable company YayPay is adding new capabilities to its platform after launching in 2015. Reports Friday (May 12) said YayPay is integrating cash flow forecasting capabilities for companies that are unsure about their future cash positions considering all of their outstanding invoices.

Forecasting 40

Forecasting Cash Flow Forecasting Accounting Invoicing 40

CFO Simplified

FEBRUARY 17, 2022

The business’ part-time CFO was providing financials that didn’t match the reports they received from their accountant. Since the owners weren’t drawing large salaries, and sales were increasing, questions arose as to the actual use of cash and the company’s profitability. Change to accrual basis accounting. Initial contact –.

Accounting 52

Accounting Retail Profit and Loss Cash Flow Forecasting 52

CFO Simplified

MAY 22, 2022

Some of these include building a cash flow forecasting model, optimizing strategies for your business’ growth, overcoming challenges in a banking relationship, raising capital, identifying the true cost of operations, establishing internal controls, and implementing the proper systems to keep your business running. .

Cash Flow Forecasting 97

Cash Flow Forecasting CFO Forecasting Communication 97

PYMNTS

JUNE 4, 2020

The International Accounting Standards Board introduced a significant overhaul to lease accounting standards , and while the changes went into effect at the start of 2019, corporates continue to face challenges to adhere to the standards and remain compliant. In the U.S., “A primary example would be Walmart,” explained Mia.

Accounting 52

Accounting Accounting Standards Cash Flow Forecasting Compliance 52

CFO Simplified

JANUARY 16, 2022

If you’re experiencing cash flow uncertainty, don’t panic. . Most of the people you do business with understand the ebbs and flows of liquidity. The truth is compelling and some clients will rectify overdue accounts if they know how much it matters to you right now. . Want a guide to cash flow forecasting?

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting CFO Communication 52

CFO Simplified

JULY 22, 2022

Create a cash flow forecast. Contact each of your open accounts. What is your profit picture through the end of the year? If you need more money, explain why you need it and how you’re going to pay it back. This way, you can understand what your needs are going forward. Examine your open AR.

Cash Flow Forecasting 96

Cash Flow Forecasting Strategic Planning CFO Planning 96

PYMNTS

AUGUST 4, 2020

That’s not to discount the very real cash flow challenges businesses around the world continue to face today. Not all corporates are in a position to accelerate accounts payable (AP) or extend trade financing programs to vendors, with players in industries like travel and hospitality in a particularly precarious situation.

Finance 124

Finance Cash Flow Forecasting Accounts Payable Economics 124

PYMNTS

SEPTEMBER 23, 2020

Intelligent Collections will provide real-time visibility and predictive tools to show accounts receivable departments which accounts might be late on payments or delinquent, according to the release.

Corporate Finance 70

Corporate Finance Finance Cash Flow Forecasting Vendor Management 70

CFO Share

MAY 10, 2024

By leveraging the detailed financial data they maintain, you can create a 13-week cash flow forecast that provides valuable insights into your upcoming cash obligations and helps you make better-informed decisions. All combined, bookkeepers are great assistants for 13-week cash flow forecasting.

Forecasting 52

Forecasting Cash Flow Forecasting Invoicing Accounts Payable 52

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. Efforts to modernize procurement and accounts payable are also opportunities for data integration with the ERP.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

The Charity CFO

APRIL 28, 2023

Is there an advantage to working with accounting firms specializing in nonprofits? However, running a nonprofit comes with unique challenges that require specialized expertise, particularly in financial management and accounting. Grant Accounting Many nonprofit organizations rely on grants to fund their programs and services.

Nonprofit 52

Nonprofit Accounting Firms Accounting Auditing 52

PYMNTS

APRIL 14, 2020

However, those data attributes are critical when it comes to automatically reconciling incoming and outgoing payments, and for supporting cash flow forecasting. Larger, more established firms may have specific pain points to address, such as foreign exchange (FX) mismatches across several accounts.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

PYMNTS

OCTOBER 30, 2020

Redirect fraud is another issue, in which hackers alter an existing invoice or generate an entirely fraudulent one with different bank account details on the bill. There will certainly be people who pay without thinking, 'What's going on here?'". AI will continue to be an instrumental role in that effort.

Invoicing 110

Invoicing Cash Flow Forecasting Reconciliations Forecasting 110

PYMNTS

JULY 30, 2020

Rather, according to Jirav CEO and Co-founder Martin Zych , though FinTechs have done wonders to automate processes like accounts payable or transaction coding through the ingestion of information, often forgotten is the automation of data outflows from those systems into a single source of truth. ” Finding The Right Path.

Forecasting 78

Forecasting Economics Cash Flow Forecasting Accounts Payable 78