CFO Plans

AUGUST 30, 2024

Leveraging technology to streamline accounting processes is no longer a luxury but a necessity. Discover how tech-enabled tools can transform your real estate accounting. The Challenges of Real Estate Accounting Real estate accounting is multifaceted, involving everything from property management to investment analysis.

Accounting 52

Accounting CFO Compliance Leverage 52

Nerd's Eye View

AUGUST 28, 2024

Historically, advisors haven't had many avenues to manage clients' 401(k) plan accounts, since unlike traditional custodial investment accounts, advisors generally lack discretionary trading authority in employer-sponsored retirement plans.

Technology 80

Technology Compliance Securities Planning 80

Bramasol

SEPTEMBER 29, 2023

Driven by sweeping changes such as digital transformation, globalization of markets, the subscription-based Digital Solutions Economy™ (DSE), carbon-accounting mandates, a rising emphasis on artificial intelligence, and other disruptive trends, the role of Chief Financial Officer (CFO) is undergoing radical transformation too.

IFRS 91

IFRS Technology SAP Compliance 91

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

The Charity CFO

APRIL 20, 2023

How can nonprofit accounting software help your organization with efficiency? We’re in the age of technology, and it seems that for every process or transaction, there is a corresponding technological solution designed to make our lives easier and our work more efficient.

Nonprofit 98

Nonprofit Accounting Accounting Standards Budgeting 98

The Charity CFO

MAY 31, 2024

Luckily, modern accounting software and other bookkeeping technologies can help you keep up with day-to-day bookkeeping, reporting, and accounting tasks more efficiently. Common Nonprofit Bookkeeping Challenges Nonprofits face unique challenges to keep their organizations running, including nonprofit accounting challenges.

Nonprofit 52

Nonprofit Technology Auditing Profit and Loss 52

Future CFO

MARCH 14, 2024

Talent shortage among accounting staff continues to persist in many parts of the world including Southeast Asia, with the issue being most felt by small accounting firms that struggle to compete with the big accounting firms: KPMG , PwC , Ernst & Young , and Deloitte.

Accounting 98

Accounting Finance Financial Analysis Compliance 98

Future CFO

OCTOBER 22, 2023

Cloud accounting is rapidly gaining popularity among chartered accountants as digital technology advancements and the growth of cloud computing continue in today's world, posing opportunities for companies for innovation. Meanwhile, as with most advancements in technology, challenges come in along with the innovation.

Accounting 52

Accounting Auditing Compliance Technology 52

Future CFO

SEPTEMBER 16, 2022

The act aims to create greater transparency and accountability whilst handling personal data, bringing changes to the privacy landscape for businesses. What are the role of Chief Financial Officers (CFO) and senior finance leaders when it comes to data privacy and compliance? 2562 came into effect.

Compliance 98

Compliance CFO Leadership Securities 98

Bramasol

FEBRUARY 9, 2024

As this blog series continues to explore optimizing quote-to-cash (QTC) to compliance for different industries, in this episode we dive into the special challenges faced by companies in the telecom sector and address how solutions in the SAP portfolio help overcome them.

SAP 87

SAP Compliance Invoicing Leverage 87

Global Finance

JUNE 6, 2024

Africa And Middle East MNT-Halan MNT-Halan developed innovative technology that provides a digital solution for unbanked populations. Users can receive salaries through the app, transfer funds to other accounts, make investments and purchase items. This solution compiles relevant information currently in a bank origination system.

Technology 59

Technology Invoicing Finance Compliance 59

CFO Leadership

APRIL 2, 2024

The start of 2024 saw several high-profile accounting mistakes with companies having to publicly correct their quarterly earnings statements. While the specific causes of the errors were unclear, the incidents had many pointing the finger at a burgeoning risk factor: the shortage of certified public accountants.

Accounting 52

Accounting Accounts Payable Compliance Budgeting 52

Future CFO

JANUARY 22, 2024

The accounting industry is undergoing profound transformation due to rapid technological advancements across all sectors in the market. Changes from manual record-keeping to sophisticated software solutions has undeniably shifted the accounting landscape, bringing in an era of heightened efficiency and accuracy.

Accounting 52

Accounting Reconciliations Financial Analysis Financial Data 52

CS Lucas

NOVEMBER 29, 2023

There are rollover dates, renewal terms, mandatory pre-payments, covenant compliance, reporting deadlines, administration fees, and much more to orchestrate. This covers volumes, rates, currencies, compliance terms, documentation, counterparties, jurisdictions , timelines, and associated analytics.

Technology 52

Technology Treasury IFRS Compliance 52

The Charity CFO

AUGUST 21, 2024

The relationship between fundraisers and accountants in a nonprofit organization can be challenging. Fundraising and accounting departments provide vital services to the organization, but when they fail to communicate, it can lead to financial errors.

Communication 52

Communication Accounting Nonprofit Budgeting 52

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 83

IFRS Accounting SAP Compliance 83

Future CFO

SEPTEMBER 21, 2020

Accounting is the language of business. He acknowledged having taken “a lot of” accounting courses over the years and understanding the language has rewarded him well financially. As he puts it rightly, accountants must elevate their roles to that of strategic partners. Embracing new technology is key.

Accounting 52

Accounting Technology Mergers and Acquisitions (M&A) Leadership 52

CFO Plans

AUGUST 16, 2024

As an investor, understanding tax laws is crucial to maximizing your returns and ensuring compliance. This is where expert financial advisors and comprehensive accounting services come into play. They can help you identify tax-saving opportunities and ensure compliance with ever-changing tax regulations.

Accounting 52

Accounting CFO Compliance Leverage 52

https://trustedcfosolutions.com/feed/

JUNE 14, 2022

Cloud-based Accounting Solutions deliver the deepest and broadest accounting capabilities across the board, from payroll and HR to inventory tracking, tax filings, and currency conversions across multiple industries, designed to scale your organization and accelerate your business success. The answer is in the level of sophistication.

Accounting 98

Accounting Compliance Currencies Securities 98

The Charity CFO

APRIL 1, 2024

Implementing technology into your nonprofit accounting process can help solve a variety of issues—from tracking receipts to properly recording donations. In most cases, technology helps improve the efficiency and accuracy of nonprofit accounting. You’ll need to use the right technology systems to get these benefits.

Nonprofit 52

Nonprofit Accounting CFO Accounts Payable 52

Future CFO

JUNE 16, 2022

The total cost of financial crime compliance is projected to hit close to the US$ 50.1 billion mark in 2022 in Asia Pacific, said LexisNexis recently when releasing its latest study on the cost of compliance. . Financial institutions represented more than 80% of the total cost of compliance in the region at US$ 40.8

Compliance 52

Compliance Entertainment eCommerce Budgeting 52

CFO Leadership

OCTOBER 10, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. 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.

Accounting 95

Accounting Finance Auditing IFRS 95

Future CFO

JANUARY 26, 2024

The technological advancement provides more than just automation and reshapes roles, empowering finance teams to zero in on strategic activities like data analysis, supplier negotiations, and decision-making. There are nine ways AI-powered systems can transform invoice processing in Accounts Payable (AP) departments.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Accounting Invoicing 52

Future CFO

OCTOBER 4, 2023

Accountants are optimistic about digital transformation, including artificial intelligence, according to a survey by the Association of Chartered Certified Accountants (ACCA). Additionally, cost remains the top challenge when adopting technology, but organisational culture also remains a critical factor in successful adoption.

Accounting 52

Accounting Compliance Leverage Technology 52

https://trustedcfosolutions.com/feed/

FEBRUARY 23, 2022

Choosing the correct accounting system and software tools is the most important step you can take to set your business up for financial success. This will allow your team to forecast future financials, ensure compliance, and provide good data for future planning and business strategy. . The time to address taxes is now and later.

Technology 70

Technology Compliance Forecasting CFO 70

Future CFO

JANUARY 2, 2024

With the fast pace of the world nowadays, financial leaders face challenges in maintaining and expanding revenue streams while contending with a growing shortage of skilled accountants. By outsourcing accounting functions specifically, businesses open the door to a variety of benefits beyond alleviating the immediate staffing shortage.

Accounting 52

Accounting Finance Data Analysis Compliance 52

PYMNTS

AUGUST 15, 2019

Enterprise lease accounting software company LeaseAccelerator is teaming up with Clearlink Partners to help joint clients ease the administrative burden of complying with changes in lease accounting standards. The companies announced their partnership in a press release issued Wednesday (Aug.

Compliance 40

Compliance Accounting Accounting Standards Technology 40

Future CFO

MAY 26, 2022

The problem is that most subsidiary businesses have enough independence to decide on what tools and technologies they can use to support their business. According to EY , organisations are fighting through a thicket of clashing policies, processes and technologies when handling intercompany transactions. The intercompany complexity.

Mergers and Acquisitions (M&A) 98

Mergers and Acquisitions (M&A) Accounting Foreign Exchange Compliance 98

Bramasol

JULY 31, 2023

This new post provides a deeper look at how the leasing of medical equipment along with other bundled services or products presents particular challenges for meshing contracts and lessor accounting with DSE management and revenue recognition. According to Allied Market Research, "The global medical equipment rental market was valued at $56.0

Accounting 72

Accounting SAP GAAP IFRS 72

PYMNTS

AUGUST 17, 2018

Bots are marching steadily into the corporate accounting department as professionals feel more comfortable handing tasks to a machine. The more bots make their way into the accounting department, the more concerns arise about jobs, compliance, trust and other industry-unknowns. “This is such new territory for everyone.”

Compliance 44

Compliance Accounting Accounts Payable Invoicing 44

PYMNTS

JANUARY 24, 2021

Business software maker Cygnet Infotech has updated its FACE ( Financial Accounting Comprehensive and Easy ) accounting software platform, according to a published report. One facet of helping with compliance is the automatic recording of journal entries.

Accounting 71

Accounting Compliance Invoicing Currencies 71

PYMNTS

DECEMBER 16, 2019

Indeed, says Robert Courtneidge, CEO of payment technology firm Moorwand , this space is one of the most exciting and busy when it comes to innovation. Traditionally, accountants and their SMBs have to access separate platforms, be it other payment or online banking portals, to initiate payment. Mixing Innovation With Compliance.

Compliance 81

Compliance B2B B2C Prioritization 81

PYMNTS

SEPTEMBER 24, 2020

Reducing fees for remittances might push price points low enough that more consumers could resume sending money home, though, and some researchers believe that money transfer service providers could make such price adjustments if they are able to reduce their own expenses through more robust and cost-effective regulatory compliance measures. .

Compliance 89

Compliance Banking Economics Securities 89

Global Finance

SEPTEMBER 25, 2024

These include account lifecycle management integrated with customers’ treasury systems, a central cash management hub for payments and reporting, and group-wide, near-time cross-border payments. Technological innovations like Open APIs enable seamless integration with corporate ERP systems, enhancing efficiency.

Banking 98

Banking Cash Management Compliance Currencies 98

Boston Startup CFO

APRIL 3, 2023

Financial accounting: A topic that can easily disorient even the most driven entrepreneurs. Fortunately, we present you with a compass – a diagram that demystifies the functions of financial accounting. In this tier, a double-entry accounting system is employed to ensure the accurate recording of all transactions.

Accounting 52

Accounting Accounting Principles GAAP Startups 52

FISPAN

MAY 24, 2022

Joe invests in key pillars across multiple vehicles for approximately 40 companies: office of the CFO, Embedded Payments, all things ERP, private and public capital markets, and bank technology. Revolutions in Bank Technology Building off of. Joe is a chairman at Thread Bank , previously known as Civis Bank.

Compliance 98

Compliance CFO Banking Numbers 98

Bramasol

MARCH 24, 2022

This important issue was previously explored last year in Are You Ready for "Carbon Accounting" Compliance? A subsequent blog post specifically addressed How Can Carbon Accounting Impact the Value of M&A Deals? and also identified as one the Five Key Trends to Watch in 2022.

Accounting 77

Accounting SAP Analyzing Data IFRS 77