CFO Leadership

OCTOBER 10, 2023

AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals. However, they still have a place in corporate finance and accounting.

Accounting 95

Accounting Finance Auditing IFRS 95

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. The approver receives an email alert and can connect to the secure payment tool. Virtuous bank connectivity.

Banking 147

Banking Reconciliations Treasury Securities 147

CFO Plans

MAY 2, 2024

When it comes to revolutionizing your financial management, finding the right accounting partner is a critical decision. This introspection will guide you towards the ideal accounting partner that aligns with your unique needs. Look for an accounting partner that values open communication, responsiveness, and proactive problem-solving.

Accounting 52

Accounting Problem Solving Communication Compliance 52

PYMNTS

OCTOBER 12, 2018

Now, security providers and financial institutions (FIs) are working to stop them from impacting banks’ assets and customers by turning to new, emerging technologies like artificial intelligence (AI) and machine learning (ML). Maybe 20 years ago, the aspiration was really robust security, meaning you could stop all cyberattacks,” he said.

Securities 76

Securities Banking Technology Communication 76

PYMNTS

FEBRUARY 10, 2020

Revolut has announced a new Open Banking feature that will allow customers to access all their bank accounts on a single app. For example, the new feature will make it easier for customers to track spending across all their accounts, and allow them a way to budget if they choose. The service was approved by the U.K.’s

Banking 100

Banking Budgeting Accounting Communication 100

PYMNTS

JULY 24, 2020

and Canadian online grocery delivery service, blamed reused passwords for the recent account hacks that led to the theft of its customers’ personal data that landed on the dark web. Instacart advised customers to select unique, strong passwords for their accounts that they do not use on any other apps or websites as an extra precaution.

Accounting 75

Accounting Communication Numbers Securities 75

Navigator SAP

JULY 15, 2022

And securing these endpoint devices is a must. Your ERP platform should be able to unify different modules for different areas of the business, including payroll, bills of material, inventory, accounting, customer relationship management, supply chain management, and others, helping these different departments communicate.

Budgeting 178

Budgeting Leadership Communication Leverage 178

Bramasol

JULY 22, 2023

Previous posts in this blog series o n Environmental, Social and Governance (ESG) and carbon accounting have spotlighted carbon accounting as a trend to watch , looked at ESG impacts on M&A , and tracked the emergence of new ESG standards.

IFRS 80

IFRS Accounting SAP Compliance 80

CFO Network

MARCH 18, 2024

Accounting is a pivotal area among the various outsourced functions. But before you jump on the bandwagon, let’s have a candid conversation: Does outsourced accounting work for small and medium-sized businesses (SMBs)? Accounting firms employ professionals proficient in various accounting and finance domains.

Accounting 52

Accounting Prioritization Communication Accounting Firms 52

PYMNTS

DECEMBER 10, 2020

Increasingly, FinTechs and the businesses they serve are pulling double duty with solutions that tackle both accounts receivable and accounts payable friction for each end of the B2B transaction. Digitizing and modernizing B2B payments cannot be a one-sided effort. Wells Fargo, Bill.com Pull Double Duty With Partnership.

Accounts Payable 60

Accounts Payable Accounting B2B Invoicing 60

PYMNTS

JANUARY 8, 2021

billion during a financing round in September and has more than 13 million user accounts, said Bloomberg. 16, Massachusetts securities regulators filed a complaint against Robinhood alleging that the company aggressively marketed to inexperienced investors and failed to implement controls to protect them, violating state laws and regulations.

Compliance 145

Compliance Communication Retail Startups 145

PYMNTS

JANUARY 23, 2020

The European Union’s long-anticipated 5th Anti-Money Laundering Directive (5AMLD), which modernizes security rules to reflect the needs and threats facing today’s economy, took effect in mid-January, and its impacts are already being felt across the payments space. Fiat-focused digital wallets must also boost their security.

eCommerce 62

eCommerce Securities Communication Banking 62

PYMNTS

FEBRUARY 6, 2019

This shift has been so acute that small business cloud accounting firm Xero is even petitioning the Oxford English Dictionary to change the definition of “accountant” to one that includes the word “advise.” Changing Demand. That demand for human talent, by the way, hasn’t decreased.

Corporate Finance 74

Corporate Finance Accounting Finance Accounts Payable 74

CFO News Room

DECEMBER 7, 2022

But for many years, advisers looking for guidance from the Securities and Exchange Commission (SEC) regarding what kind of performance advertising was permissible had to rely on fairly general guidelines and SEC staff statements in the form of “no-action” letters. by changing the addressee’s name) are considered advertisements.

Advertising 130

Advertising Marketing Communication Compliance 130

PYMNTS

JANUARY 25, 2019

data protection watchdog is looking into the company after it reported “limited fraudulent activity” on some customers’ accounts. As soon as any customer makes us aware of fraudulent activity we immediately suspend their account to prevent further fraud. This is not the first time that Deliveroo has dealt with this issue, either. “The

Securities 71

Securities Communication Accounting 71

CFO Share

APRIL 11, 2024

But many fear remote bookkeeping exposes them to security risks – hackers, fraudsters, and embezzlement – especially if the virtual bookkeeping solutions use employees in foreign countries. Bookkeeping security risks are always a valid concern, especially since internal staff perpetrate 57% of small business fraud.

Securities 52

Securities CFO Invoicing Education 52

PYMNTS

OCTOBER 1, 2020

SWIFT , a global provider of secure financial messaging, announced a new service Thursday (Oct. The platform pledges to improve communications between financial institutions, optimize speed and provide transparency and predictability from one account to another anywhere.

Banking 113

Banking Communication Securities Accounting 113

CFO Plans

AUGUST 9, 2024

In the rapidly evolving landscape of business accounting, staying ahead requires more than traditional bookkeeping. Cloud Accounting Services Transform Financial Practices The shift to digital has revolutionized accounting practices. Transform your financial practices with cloud accounting services.

Accounting 52

Accounting Tax Planning CFO Startups 52

CFO News Room

DECEMBER 16, 2022

Job security is always a concern when choosing a career, but some fields are more recession-proof than others. They may work in various industries, such as investment firms, accounting firms, banks, or the government. Chief compliance officers often have a degree in finance, law, accounting, or business administration.

Finance 130

Finance Budgeting Financial Analyst Compliance 130

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

PYMNTS

DECEMBER 18, 2020

The tool aims to offer a single hub for information in order to facilitate data-driven decisions and effective communication. Security is top of mind for the healthcare industry as the move to digital continues to accelerate during the pandemic. As best practices are hammered out, security standards remain fragmented.

Healthcare 115

Healthcare Communication Securities Accounting 115

Nerd's Eye View

APRIL 26, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Department of Labor released the final version of its Retirement Security Rule (a.k.a.

Communication 90

Communication Budgeting Securities Planning 90

The Charity CFO

JULY 1, 2024

Choosing the right accounting services is crucial for the financial health of your nonprofit. The right nonprofit accountant helps your organization properly manage its finances, which improves trust and transparency with stakeholders and donors. Technology is one of the most important tools in modern nonprofit accounting.

Nonprofit 52

Nonprofit Accounting Budgeting Accounting Firms 52

PYMNTS

MARCH 26, 2020

Acknowledging that delayed and late B2B payments is not solely caused by poor payment behavior on the customer’s end is an important piece of optimizing the accounts receivable (AR) process, according to Alex Louisy, co-founder and CEO of France-based FinTech Upflow , who said that the notorious spreadsheet is often to blame.

B2B 72

B2B Accounting Invoicing Accounts Payable 72

PYMNTS

JANUARY 21, 2020

The risk of late payments has opened up conversations about how businesses can improve their collections practices and secure the cash they’re owed without damaging the buyer-supplier relationship. This is one area in which AR solutions’ integration with back-office accounting, ERP and other software platforms is critical.

Invoicing 64

Invoicing Accounting Profit and Loss B2B 64

Beacon CFO Plus

NOVEMBER 30, 2023

How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. This ensures your company’s financial and accounting needs are met effectively.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

PYMNTS

SEPTEMBER 17, 2020

Securities and Exchange Commission ( SEC ) filed an “emergency action” against former NS8 Inc. Investors are entitled to accurate information about a company’s financial condition, and the SEC is committed to holding accountable corporate executives who deceive investors.”. 17) statement. Gottschall said in a statement.

Securities 101

Securities Communication Sales Banking 101

CFO Share

JULY 16, 2024

A controller primarily oversees accounting processes, ensuring accurate financial records and compliance with regulations. Education and Experience Controllers typically have an accounting degree supplemented with an optional CPA or CMA and 10+ years of experience in managerial accounting.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) CFO Compliance General Ledger 98

PYMNTS

NOVEMBER 24, 2020

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. A convenient, yet secure solution could be just a few taps away, however.

Sales 108

Sales Leverage Securities Banking 108

PYMNTS

APRIL 14, 2020

Often, those security measures come in the form of third-party enterprise apps that can integrate with email platforms, employee training and multi-factor authentication measures. “Email is great because anyone can use it, and it’s a great communicating tool that allows various companies to work together,” he said.

Accounts Payable 96

Accounts Payable Invoicing Securities B2B 96

PYMNTS

AUGUST 19, 2020

With B2B payments being an increasingly attractive target for innovators, the landscape is growing crowded as more banks and FinTechs roll out their accounts payable (AP) automation solutions. Banks often have the advantage of more robust security and anti-fraud measures, which can benefit FinTechs through partnerships.

Accounts Payable 127

Accounts Payable B2B Reconciliations Banking 127

PYMNTS

NOVEMBER 10, 2020

The chatbot can answer questions on bill pay and help ensure that digital payments are safe and secure. With Glia's customer service program, customers can access a wide variety of communication methods, including messaging, video or voice. That will help customers and members with the nuances of digital payments.

Banking 98

Banking Communication Securities Accounting 98

Global Finance

DECEMBER 26, 2024

I started in public accounting at Ernst & Young, where we did everything manually. This involved restructuring the former company, setting up the right platform, and securing the proper capital structure. Rouse: You have to be deeply involved in the business; its not enough to just be an accountant. Rouse: Communication.

CFO 94

CFO Restructuring Math Finance 94

PYMNTS

NOVEMBER 16, 2020

Now, with the pandemic accelerating a move toward digital product acquisition, communication, purchases and money movement, financial institutions (FIs) and their clients need to be even more vigilant. Ragan also said they should use secured (“https”) connections whenever entering payment information. At The Consumer Level.

Banking 118

Banking Leverage Securities Communication 118

PYMNTS

AUGUST 2, 2019

The advent of mobile and app-based channels to lure victims to send money to fraudsters has been on the rise, with email and text-based communications the weapons of choice. To combat fraud — especially phishing — united we stand? Verizon has estimated that 30 percent of phishing messages are opened by their intended targets.

Communication 79

Communication Education Securities Accounting 79

PYMNTS

SEPTEMBER 18, 2020

While some banks enable voice technology to make payments, check account balances and make transfers, the technology raises concerns regarding security, data privacy and dispute resolution. It was developed by the Cybersecurity Response Project Team. She noted that verifications can also utilize information tied to payment history.

Nonprofit 88

Nonprofit Communication Securities eCommerce 88

PYMNTS

MARCH 4, 2020

APIs can become major targets for hackers and fraudsters, however, and businesses need to step up their API security in response. Banking services and money transfer app Revolut recently partnered with an open banking API provider to provide new services to account holders, for example. Around The B2B API World.

Treasury 96

Treasury B2B Cash Management Leverage 96