PYMNTS

MARCH 18, 2020

Employing accounts payable (AP) automation solutions can help smooth onboarding and streamline the data collection and analyzing processes, removing the many friction points that are prone to legacy systems. Finding and onboarding the right supplier partners can be a slow process involving in-depth research and cost-benefit analysis.

Accounts Payable 66

Accounts Payable Accounting Invoicing Data Analysis 66

PYMNTS

APRIL 19, 2019

The shifting role of small business (SMB) accountants is largely driven by the increase in automated solutions available to business owners today. With machines now taking care of repetitive financial tasks, accountants have had to readjust their position from number-cruncher to value-adder to remain relevant. ” Jones explained.

Accounting 61

Accounting Compliance Reconciliations Data Analysis 61

The Charity CFO

JANUARY 29, 2025

About The Charity CFO We are an accounting partner that truly understands nonprofits. If you need help with your accounting and bookkeeping, lets talk. We know the missions that drive you, the obstacles that challenge you, and the dedication your job demands. We get nonprofits, because nonprofits are all that we do.

Nonprofit 52

Nonprofit Leadership Communication Data Analysis 52

CFO Plans

NOVEMBER 4, 2024

Technology and automation are revolutionizing Strategic Financial Planning , offering advanced tools for data analysis and decision-making. From AI-driven financial modeling to cloud-based accounting platforms, these innovations provide businesses with real-time insights and enhanced operational efficiency.

CFO 52

CFO Cost Management Leverage Planning 52

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

Future CFO

JULY 21, 2024

Given the advent of artificial intelligence and machine learning, the accounting profession faces challenges in talent as it continues to navigate its way around digitisation and shifts in the market. AI allows room for improvement like focusing on higher-level tasks and upskilling," he notes.

Finance 104

Finance Accounting Principles Problem Solving Accounting 104

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

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

MARCH 22, 2022

With intelligent automation and augmented analytics, Soneva can largely eradicate manual, tedious processes, and instead focus time and resources on strategic value-adding tasks such as data analysis and smarter, insight-driven business decisions, Workday added.

Finance 98

Finance Data Analysis Leverage Technology 98

Future CFO

AUGUST 1, 2023

According to IDC's 2023 Future SMB and Midmarket Survey , 50% of surveyed respondents (driven by SMBs) in Asia/Pacific state that they will automate their financial and accounting processes through cloud applications in the next 18 months. "As

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

JANUARY 2, 2020

The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products to change the industry in new ways, according to a report by Bloomberg Tax. That means accountants will be expected to become business advisers, not just number checkers.

Data Analysis 71

Data Analysis Accounting Standards Auditing Invoicing 71

Global Finance

OCTOBER 7, 2024

This includes identifying and developing our finance leaders of the future, attracting and nurturing talents within the organization, stepping up accountability and strategic thinking, and, above all, being a female leader in a still substantially male-dominated industry—fostering and widening diversity.

CFO 103

CFO Data Analysis Finance Risk Management 103

CFO Leadership

MAY 31, 2023

Data analysis and leadership were ranked by CFOs as the most important skills for new team members, outpacing more traditional competencies like accounting and project management. Accounting, industry knowledge, and project management dropped to third, fourth, and fifth position, respectively.

Prioritization 95

Prioritization Technology Leadership Data Analysis 95

PYMNTS

AUGUST 10, 2020

This means leveraging data analysis to match consumers with the payment methods they are most likely to use, and then providing them with both those payment options and interesting content. One example: giving consumers the option of making purchases using a mobile wallet without having to open their own accounts. “If

Data Analysis 97

Data Analysis eCommerce Prioritization Leverage 97

Centage

SEPTEMBER 14, 2021

Accounting has evolved quite a bit since the early days of double-entry systems and general ledgers. It replaces static spreadsheets with a cloud-based financial tool that gives role-based access to data in real time. With the fast pace of business change, CFOs need accurate financial information to make informed decisions on the fly.

Budgeting 96

Budgeting General Ledger Data Analysis Financial Data 96

Centage

OCTOBER 3, 2022

These can become apparent as your business grows and your accounting needs get more involved. Disadvantages of Excel for Financial Forecasting While Excel is not necessarily bad for data analysis or financial forecasting, it may not be the best option available to your business.

Forecasting 98

Forecasting Budgeting Data Analysis Financial Modeling 98

PYMNTS

JANUARY 22, 2019

However, the technology isn’t reserved for only the largest players in the markets: Small businesses (SMBs) and their accountants have emerged as key proponents of the tool, especially as anxieties wane over the possibility that AI could replace the need for human bookkeepers. ”

Corporate Finance 77

Corporate Finance Finance Data Analysis Accounting 77

PYMNTS

NOVEMBER 16, 2020

Accounting firms, including PwC, EY , Deloitte and KPMG , have been working to invest in artificial intelligence , going beyond just automating processes and addressing things like entrenched AI work, data analysis and tech training for any employee.

Data Analysis 67

Data Analysis Auditing Risk Management Accounting Firms 67

The Finance Weekly

FEBRUARY 22, 2025

Period Close Management - Automate account reconciliation and reduce financial close cycles. The platform's robust reporting capabilities, including customizable dashboards and drag-and-drop functionalities, are frequently praised for facilitating efficient data analysis.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning General Ledger (GL) Forecasting 52

CFO Talks

DECEMBER 5, 2024

Armed with a BCom in Financial Accounting, a BCom Honours in Financial Management, and certifications in FinTech and Climate Reporting, Ntombi combines deep financial knowledge with a forward-thinking approach. What key skills should a newly qualified accountant develop on their path to becoming a CFO?

CFO 52

CFO Finance Accounting Communication 52

Fpanda Club

SEPTEMBER 2, 2021

Familiar with data analysis and armed with powerful tools, FP&A teams start to play more visible roles in the organizations providing their leaders with actionable insights and recommendations on the best ways to achieve company’s objectives, thus, having the direct impact on their company’s results and success.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Forecasting 130

PYMNTS

DECEMBER 14, 2020

The technology can also enable FIs to build predictive models, perform real-time data analysis and improve account engagement.”. AI systems are able to analyze massive amounts of data at rapid speeds to scan for larger patterns in each account holder’s banking and payment habits over long stretches of time.

Credit Risk 87

Credit Risk Data Analysis Banking Forecasting 87

PYMNTS

JANUARY 21, 2021

The January Real-Time Payments Tracker® examines how fraudsters seek to compromise and abuse real-time payments systems and how advanced learning tools, robust data analysis and other strategies can help banks and businesses detect, deflect and defuse such attacks. Around The Real-Time Payments World.

B2C 92

B2C Securities Data Analysis B2B 92

Future CFO

APRIL 23, 2020

Global trends are transforming work and reshaping the future of the accountancy profession while the coronavirus pandemic is hitting the global economy in unprecedented ways. FutureCFO: How has or will the coronavirus pandemic change the accountancy profession? How do accountants know which one(s) they should go after?

Accounting 40

Accounting Finance Data Analysis Auditing 40

Global Finance

SEPTEMBER 9, 2024

“Real-time data processing allows for more agile responses to market changes and internal financial shifts,” says Blake. Automation in this data analysis process also frees up treasury teams to focus on interpreting results and developing strategic recommendations.”

Treasury 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

PYMNTS

OCTOBER 16, 2020

Fast-food giant McDonald’s was not interested in using AI or data analytics until it noticed that many of its competitors were benefiting from the technologies. This revelation prompted the company to launch several innovations, including digital menus that change based on real-time data analysis.

Leverage 109

Leverage Data Analysis Sales Securities 109

Centage

JANUARY 18, 2022

Users can define the formulas and flow as they please, which means they can inadvertently violate your business logic and/or established accounting standards. A modern FP&A solution with pre-programmed business logic and accounting rules prevents users from making such mistakes.

Budgeting 111

Budgeting Forecasting Financial Planning and Analysis (FP&A) General Ledger 111

Future CFO

AUGUST 7, 2024

CFOs are often asked to oversee additional functions on top of traditional finance and accounting." Ho notes that CFOs, with their wider lens, can lead a team to draw insights from data to address specific strategic needs. There is a clear distinction between data analysis for analysis sake (e.g.

Data Analysis 98

Data Analysis CFO Budgeting Performance Measuring 98

Future CFO

OCTOBER 21, 2021

Accounts payable, transaction processing, and bank statement processing are the top three priorities in terms of business workflow automation , according to a global survey of 800 executives by Kofax. When it comes to business workflow automation, which ones do enterprise executives think are the most important and deliver the greatest value?

Accounts Payable 59

Accounts Payable Data Analysis Invoicing Compliance 59

Jedox Finance

JANUARY 23, 2020

EPM bridges the gap between these different planning silos and supports planning, analysis and reporting of business results, KPIs and more. Collection of organization-wide financial and non-financial data. Analysis and calculation of major KPIs. We can look at this as a process: . Target setting for select business drivers.

Financial Planning and Analysis (FP&A) 88

Financial Planning and Analysis (FP&A) Budgeting Data Analysis Forecasting 88

CFO Leadership

OCTOBER 10, 2023

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. AI is a tool and not a replacement for finance professionals.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

PYMNTS

FEBRUARY 13, 2020

But I want to broaden the scope of real-time account monitoring and start understanding the customer over the course of their lifecycle.”. We need to start taking specific measurements to detect what good users look like – which sounds counterintuitive, because we always think first about detecting the bad guys,” said Xie.

Securities 98

Securities Data Analysis Numbers Technology 98

PYMNTS

SEPTEMBER 17, 2019

billion protected accounts and more than 800 billion events across industries, which significantly boosts machine learning. The hallmark of the DataVisor approach is our holistic approach to data analysis using sophisticated feature engineering and machine learning.

Data Analysis 66

Data Analysis Technology Accounting Securities 66

Musings on Markets

JANUARY 5, 2024

Along the way, more people than I ever imagined have found my data of use, and while I still have no desire to be a data service, I have an obligation to be transparent about my data analysis processes. will reflect the most recent quarterly accounting filing. Costs of equity & capital 4. Financing Flows 5.

Valuation 106

Valuation Financial Analysis Analyzing Data Profit and Loss 106

PYMNTS

MARCH 18, 2019

The financial institution on Monday (March 18) “began offering checkless accounts with access to its mobile app, branches and ATMs for $4.95 The accounts come with debit cards, digital payments and free check cashing, but do not allow overdrafts.”. The percentage of unbanked people in the U.S. households remain unbanked. In 2017, 6.5

Education 70

Education Data Analysis Financial Systems Banking 70

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

MARCH 10, 2020

But to offer the ability to quickly send and receive funds between bank accounts in the U.S., Therefore, there were a lot of account takeovers , which seemed to corner a lot of the headlines.” He said, too, that Fiserv has been collaborating with banks on real-time decisioning and data analysis.

B2C 92

B2C Education Data Analysis Risk Management 92