CFO Leadership

JANUARY 8, 2024

Automate Finance Fundamentals Particularly as businesses grapple with the accountant shortage , automation is key to get the work done and, just as importantly, attract and retain talent. High-impact areas to automate include invoice processing, the financial close, and internal controls. Here’s a sampling.

CFO 52

CFO Invoicing Leadership Cash Management 52

Future CFO

NOVEMBER 17, 2022

When it comes to cashflow visibility, under 4% of the 1,483 business leaders and finance and accounting executives from different countries report complete confidence, said Blackline recently. According to survey results, C-suite and finance and accounting respondents see that the three biggest challenges facing them in the coming year are:

Finance 96

Finance Financial Data Economics Budgeting 96

CFO Leadership

MARCH 31, 2022

They struggle to keep an overview on their cash and risk positions. A professional cash management solution can help to overcome these challenges. In the dark about global cash? Using simple tools, such as spreadsheets , or disparate solutions to manage complex operations leads to inefficiencies and errors.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

CS Lucas

MARCH 30, 2021

Maximize your value add by using a treasury management system for free. With the Essential Edition, all your cash management needs are met, you’ll have access to: . 2 accounting centres . 2 financial instruments . 5 accounting centres . 4 financial instruments . 20 accounting centres .

Treasury 52

Treasury Forecasting Cash Management Compliance 52

PYMNTS

JUNE 22, 2016

In B2B payments, accounts payable automation is a hot topic, as are the challenges AP professionals face when it comes to paying suppliers and managing the data from those transactions. But as Corcentric and IOFM revealed, the accounts receivable department may not have total control over its ability to get automated.

Accounting 42

Accounting Invoicing Reconciliations Accounts Payable 42

Spreadym

APRIL 27, 2023

Financial analysis and planning (or FA&P) software is a type of business software that helps companies manage their finances and operational activity by analyzing financial data and providing tools to plan, forecast and make budgets for efficient business growth.

Financial Analysis 52

Financial Analysis Tax Planning Budgeting Forecasting 52

Navigator SAP

FEBRUARY 17, 2022

Here are some of the top ERP functional areas of management: Accounting and Finance As money flows in and out, how many software solutions are you using to keep tabs on where it’s going?

SAP 130

SAP Invoicing Manufacturing Compliance 130

Centage

JUNE 28, 2023

When it comes to automation, what’s particularly beneficial is the way technology can automate how financial data flows through models and forecasts, freeing financial teams from the manual labor of attempting to create forecasts via spreadsheets.

Forecasting 98

Forecasting Financial Planning and Analysis (FP&A) Cash Flow Forecasting Finance 98

PYMNTS

JANUARY 14, 2020

This complicated process can involve everything from accounting and invoicing software to bank accounts. Today’s financial institutions (FIs) no longer need to worry about solely addressing all their clients’ financial-related needs, however. Managing these steps in separate systems can be friction-filled, Haider said.

Cash Management 52

Cash Management Invoicing Accounting Leverage 52

PYMNTS

DECEMBER 13, 2018

As the corporate treasurer takes on a more strategic role in the enterprise, treasury and cash management technologies can often be stuck in the past, failing to keep up with financial execs’ needs. Despite the data challenge, pressures on CFOs and treasurers continue to mount.

Treasury 62

Treasury Banking Cash Management Accounts Payable 62

PYMNTS

MAY 31, 2017

While it’s commendable for a micro-business owner to want to remain small enough to control the books, the fact is, many entrepreneurs are inept when they put on their accountant’s hat. ” The same issue falls upon that part-time accountant or small business bookkeeper, Simpson added. and she has Wave. .”

Cash Management 51

Cash Management Invoicing Accounts Payable Financial Data 51

Simply Treasury

JUNE 3, 2021

We all understand that the C-level wants treasury to lake use of huge financial data they sit on and develop more reporting and dashboards. The maturity of technological solutions makes it possible more than ever to place greater hope in improved cash management. Next comes the use of very promising API’s (i.e.,

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

JANUARY 16, 2020

Other FIs are also busy with data connectivity projects, using APIs to integrate with software typically used by small businesses. APIs are getting it done, with a cascade of FinTechs making announcements like cloud accounting platform AccountsIQ and its deal with B2B payments firm TransferMate, enabling streamlined cross-border payments.

B2B 53

B2B Finance Banking Cash Management 53

PYMNTS

JANUARY 26, 2017

“Processing corporate payments as peer-to-peer, directly on blockchains, gives for instant settlement and, therefore, real-time reconciliation and accounting,” the company said. Real-time payments and reconciliation, the company added, could be a major boost to corporate cash management efforts, too. A Realistic Approach.

SAP 57

SAP Invoicing Reconciliations B2B 57

PYMNTS

JANUARY 29, 2020

Another major hurdle unique to the purchase-to-pay space is the process’s deep touch points with an array of other back-office functions within the enterprise, including vendor management, product sourcing, accounts payable, accounting, inventory management, contract management, manufacturing and distribution, and more.

Banking 52

Banking Accounts Payable Vendor Management Reconciliations 52

PYMNTS

NOVEMBER 29, 2018

Payments, finance and cash management were also chosen as areas that both large firms and SMBs said could be improved as a result of their banks’ Open Banking efforts. SMBs about their attitudes surrounding Open Banking and, specifically, its reliance on data sharing between banks and third parties.

Banking 56

Banking Financial Data Investments Cash Management 56

Bramasol

DECEMBER 13, 2021

This is another subject that we've been tracking closely and have addressed in a recent blog on Carbon Accounting Compliance. As a specific subset within broader Environmental, Social and Governance (ESG) reporting, carbon accounting has been the subject of much discussion, both by accounting bodies and governmental policy makers.

SAP 52

SAP Compliance Profit and Loss IFRS 52

PYMNTS

OCTOBER 24, 2019

Financial institutions are investing significantly in embracing online banking and supporting a positive digital experience for their end-users. And it’s close to impossible to get real-time cash visibility. Tripping Up Cash Management. At the heart of this point of friction, of course, is data.

Treasury 40

Treasury Mergers and Acquisitions (M&A) Banking Forecasting 40

PYMNTS

AUGUST 9, 2019

That’s what makes the marrying of front-office finances with back-office finances so valuable for this space, according to Teri Wilson, general manager at restaurant accounts payable technology firm Sourcery. At first glance, the synergies between a point of sale (POS) and accounts payable solution may not appear clear.

Accounts Payable 43

Accounts Payable Invoicing Reconciliations Finance 43

PYMNTS

APRIL 12, 2016

Making sure the books add up properly is key to keeping their legal nonprofit status, and that means cash management is paramount. By designating a purchase amount and category, an accounts payable professional can safeguard against fraud or use of a virtual card for an unauthorized purchase. Not-For-Profit.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

CFO News Room

DECEMBER 26, 2022

Another immediate way that advisors can help ease the impact of inflation for clients is to create a cash management strategy (i.e., Furthermore, technological tools are emerging that can help reduce some of the time and resource burden on firm owners to track and analyze their financial data.

Planning 130

Planning Benchmarking Profit and Loss Communication 130

PYMNTS

APRIL 8, 2016

“A lot of organizations don’t do it because it’s complex, it’s repetitive and they’re busy,” she explained, adding that smaller companies are especially at a disadvantage in terms of time and resources to invest into a cash flow forecasting service. ” The SME Underwriting Legacy . .”

Cash Flow Forecasting 40

Cash Flow Forecasting Forecasting Finance Cash Management 40

Future CFO

FEBRUARY 10, 2021

So, for finance to work efficiently “requires a different way of selling to the management,” said Tan. Data trust or integrity is another rising challenge. Coincidentally, Tan noted that the CFO teams need talent who “know how to monetize data.”

CFO 52

CFO Finance Auditing Treasury 52

PYMNTS

NOVEMBER 24, 2020

Together, the companies are helping banks across the region access small business data and facilitate data integrations with FinTechs, with a focus on enhanced small business loan underwriting. He added that Visa's banking clients will be able to enhance their own small business services as a result of the partnership.

Banking 60

Banking B2B Financial Data Cash Management 60