Bramasol

MAY 13, 2024

This post provides a deeper look into the organizations that are overseeing your auditors and provides key insights into how your financial, compliance and reporting processes need to be robust enough to satisfy these "audit the auditors" reviews.

Auditing 86

Auditing Compliance SAP Accounting Standards 86

CFO Share

JULY 16, 2024

A controller primarily oversees accounting processes, ensuring accurate financial records and compliance with regulations. In contrast, a CFO is a more strategic financial professional, focusing on long-term planning, investor relations, and overarching financial strategy.

Financial Planning and Analysis (FP&A) 98

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

PYMNTS

JANUARY 22, 2020

As for the mechanics: An “account aggregator” system is being created by banks, and will be regulated and licensed by the central bank. This means data cannot be retrieved, shared or even transferred by the aggregator without that consent. Also, the aggregator may not store data tied to the customer, such as passwords.

Accounting 52

Accounting Banking Education Numbers 52

Future CFO

JUNE 24, 2024

The budget and forecast should reflect the Company’s plans, visions, expectations and educated guesses on the market trends. The balance sheet and key financial ratios should tell the strengths and problems of the Company. It’s not easy to go through all the financial data to identify what’s relevant and what’s not.

Auditing 111

Auditing Financial Analysis Forecasting Reconciliations 111

Future CFO

SEPTEMBER 26, 2024

This is in the aim of producing timely financial data and other outputs, such as visualisations. Skills needed In terms of the skills people need in these positions, APQC says any finance professional must have the required accounting or actuarial know-how and related technical skills to do the job.

Forecasting 52

Forecasting Planning Budgeting Financial Data 52

PYMNTS

FEBRUARY 14, 2017

According to SaaSOptics CEO Tim McCormick, many of these companies begin using QuickBooks when they’re still in startup phase, then scale to more sophisticated, integrated accounting solutions. “The analytics side of SaaS businesses was really new, and people didn’t really understand how to interpret the data.

Financial Data 53

Financial Data Forecasting B2B Auditing 53

PYMNTS

NOVEMBER 24, 2020

Generationally, we’re seeing individuals who maybe weren’t accessing their card accounts or their banking accounts on a regular basis through digital,” he said. In other words, people who had been looking at account data online occasionally or making payments by check are now gravitating toward more self-service options.

Banking 107

Banking Education Accounting Communication 107

PYMNTS

SEPTEMBER 26, 2017

Corporates are being forced to rethink their approach to accounting as new technologies disrupt the way firms transact and manage financial data. But, tools like electronic payments and cloud accounting software are far from the only forces that alter the corporate accounting landscape.

Accounting 40

Accounting B2C Education B2B 40

PYMNTS

AUGUST 5, 2016

There is seemingly no end to the discussion of how automated accounting can improve a business’ performance. The market is on the cusp of a groundswell of adoption of these technologies, says Therese Tucker, CEO of accounting solutions firm BlackLine , after a long lull among mid-market firms.

Accounting 42

Accounting Reconciliations General Ledger Auditing 42

CFO Thought Leader

JULY 19, 2024

Tal’s path, starting from his finance education at the University of Chicago and Tel Aviv University, through various roles at Intel Capital, BCG, Facebook, and Milio, provided him with a broad perspective on financial operations and corporate development. But I think even more specifically, within the accounting space.

Leverage 52

Leverage Finance Invoicing Forecasting 52

CFO Talks

SEPTEMBER 13, 2024

It’s clear that African CFOs are highly focused on education and development, perhaps because there’s so much investment and growth happening in Africa. It started in 2016 as a brand of the Chartered Institute of Business Accountants (CIBA), which is one of the larger professional bodies in South Africa, with about 10,000 members.

Finance 97

Finance Auditing CFO Leadership 97

The Charity CFO

FEBRUARY 27, 2023

First things first: Treasurers aren’t accountants. A position to oversee finances may sound a lot like an accountant, but there are important distinctions between the two. Many nonprofits do not have in-house accountants and choose to outsource instead. Strategy involves using financial data and reports to make sound decisions.

Nonprofit 52

Nonprofit Compliance CFO Leadership 52

Spreadym

OCTOBER 3, 2023

FP&A candidates typically have a background in finance, accounting, or a related field and possess a combination of skills and knowledge in financial analysis, modeling, and strategic planning. Experience: FP&A candidates may have prior experience in financial analysis, accounting, or related roles.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Financial Analysis Budgeting Financial Modeling 59

PYMNTS

NOVEMBER 23, 2020

There’s no shortage of consulting advice and press clippings that will state the importance of actionable data for companies as a selling, operational and marketing strategy. Big data, it used to be called. Last week, the Department of Justice gave the green light to Mastercard’s $825 million acquisition of data aggregator Finicity.

Nonprofit 117

Nonprofit Banking Financial Data Education 117

CFO News Room

DECEMBER 16, 2022

Financial managers are responsible for developing long-term financial plans, directing investment activities, and generating financial reports for their company. They may work in various industries, such as investment firms, accounting firms, banks, or the government. Senior Accountants. Insurance Advisor.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

E78 Partners

SEPTEMBER 9, 2024

This process allows companies to make timely adjustments to their plans, ensuring that they remain on track to achieve their financial objectives. These forecasts consider the latest financial data and market conditions to provide a more accurate picture of the company’s financial outlook.

Budgeting 59

Budgeting Planning Financial Modeling Forecasting 59

E78 Partners

SEPTEMBER 9, 2024

This process allows companies to make timely adjustments to their plans, ensuring that they remain on track to achieve their financial objectives. These forecasts consider the latest financial data and market conditions to provide a more accurate picture of the company’s financial outlook.

Budgeting 52

Budgeting Planning Financial Modeling Forecasting 52

CFO Share

MAY 10, 2024

Although bookkeepers are not professional financial planners, they can use their intimate knowledge of your transactions to assist business cash flow management. List All Accounts Receivable (AR) Due by Week (bookkeeper) : This includes customer payments that are expected to come in and will directly impact your cash inflow.

Forecasting 52

Forecasting Cash Flow Forecasting Invoicing Accounts Payable 52

The Charity CFO

NOVEMBER 23, 2022

Financial managers often work closely with the organization’s executive director to ensure that the organization’s financial needs are met and help drive best financial practices within the organization. They handle all payroll and accounting functions and manage investments and fundraising efforts.

Nonprofit 52

Nonprofit Finance Strategic Planning Budgeting 52

Centage

MAY 8, 2023

Lowe, CPA, CGMA As a nonprofit finance leader, you are accountable to many stakeholders – especially your Board of Directors. Your role is critical and complex as you know and understand the financial operations of your organization inside and out – and are ultimately responsible.

Nonprofit 98

Nonprofit Budgeting CFO Finance 98

Future CFO

OCTOBER 1, 2023

The) pandemic had accelerated the use of technology to fill the gap of face-to-face collaboration,” said Kum Fai Chew , group head of accounting and FP&A at Vena Energy Pte Ltd. Data that is obtainable everywhere--both within and beyond the company needed to be collected and curated promptly,” he said.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Forecasting Planning 98

PYMNTS

DECEMBER 17, 2018

Swoop’s solution to this dilemma is to work directly with small business advisors and accountants — professionals who have the financial experience and education to assess what solutions would be the best fit for their clients. Key to this solution is the U.K.’s

Banking 78

Banking Finance Accounting Financial Data 78

CFO Share

JULY 27, 2023

AI Advantages and Opportunities for CFOs AI presents key advantages and opportunities for CFOs: AI Enhanced Data Analysis AI enables CFOs to analyze large volumes of financial data quickly and accurately, uncovering valuable insights for decision-making.

CFO 40

CFO Data Analysis Analyzing Data Risk Management 40

PYMNTS

JUNE 20, 2019

Plaid, a FinTech that enables third-party applications to integrate into users’ bank accounts, is rolling out a new solution for the wealth investment management market. Plaid customers can combine financial data of joint clients, including information on account balances, holdings and transactions, Plaid announced on its company blog.

Investments 46

Investments Education Accounting Financial Data 46

Musings on Markets

JANUARY 11, 2024

The Language of Finance : Much as I take issue with the rigidity of accounting rules and the incapacity of accounting to be imaginative, the data that we use in finance is expressed in accounting terms. Watching an 80-minute session online is not easy, especially in a world of TikTok and short YouTube videos.

Corporate Finance 131

Corporate Finance Valuation Finance Investments 131

Future CFO

JUNE 13, 2022

I graduated from the National University of Singapore with a Bachelor in Accountancy degree and pursued an ACCA qualification while working for the Public Utilities Board. I was fortunate to get a flavour of the accounts payables, costing and budgeting functions. Grace Lim, CFO, KK Women's & Children's Hospital.

Healthcare 52

Healthcare CFO Leadership Finance 52

PYMNTS

JUNE 8, 2020

Other FIs are offering open banking out of necessity, with governments and regional lawmakers requiring its adoption and that consenting customers’ financial data is made available to third-party payment service providers. Educating account holders about threats can be especially effective in foiling phishing attacks, for example.

Banking 60

Banking Accounts Payable Securities Accounting 60

Future CFO

AUGUST 7, 2024

CFOs are often asked to oversee additional functions on top of traditional finance and accounting." However, Ho concedes that CFOs will find it challenging to scale the data analytics function without an understanding of data structures and data warehouse. "‘Partnering’ is nothing new," says Ho.

CFO 86

CFO Data Analysis Budgeting Performance Measuring 86

The Finance Weekly

JUNE 17, 2024

Overview of Planful Planful is a cloud-based software designed to empower finance, accounting, and business users with a range of financial applications. ML-Driven Planning Projections – It examine historical data to provide an accurate starting point for planning and budgeting cycles. out of 5-star review on G2.

Financial Planning and Analysis (FP&A) 52

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

Future CFO

JUNE 3, 2024

The next measure, according to Wood, is on fostering collaboration among teams involved in data management and compliance efforts promotes accountability and transparency in data handling, leading to more robust data protection measures.

Finance 40

Finance Compliance Auditing Leverage 40

PYMNTS

JANUARY 22, 2020

As for the mechanics: An “account aggregator” system is being created by banks, and will be regulated and licensed by the central bank. This means data cannot be retrieved, shared or even transferred by the aggregator without that consent. Also, the aggregator may not store data tied to the customer, such as passwords.

Banking 56

Banking Education Accounting Numbers 56

Future CFO

AUGUST 3, 2021

However, asking the wrong ones can even create missed expectations and financial strain. For example, projects that are smaller in scale also make for good educational opportunities. The process of discovery, the effort required to implement, and education of using the new system or process can really move a team ahead.

Finance 52

Finance Forecasting Financial Modeling Accounts Payable 52

PYMNTS

APRIL 1, 2020

And while the coronavirus pandemic has thrust traditional B2B suppliers into a state of uncertainty, Spear noted that there are opportunities to emerge from the volatility by transforming accounts receivable (AR) and trade credit processes. “Now, more than ever, just relying on historic financial data is not helpful.

B2C 64

B2C B2B Marketing Education 64

Spreadym

SEPTEMBER 19, 2023

Historical Data Analysis: Analyze historical financial data to identify trends, seasonality, and patterns that can inform your budget assumptions and forecasts. Training and Education: Invest in training and educating budget managers and employees involved in the budgeting process.

Forecasting 59

Forecasting Budgeting Cash Flow Forecasting Benchmarking 59

PYMNTS

DECEMBER 27, 2019

One such firm is management and distribution company Sysco , which distributes food and beverage products to restaurants, healthcare and educational facilities. Automated spend management products do not just improve the productivity of associates with expense accounts, however. Expected and unexpected benefits . Program compliance .

Compliance 52

Compliance Healthcare Education Accounting 52

PYMNTS

FEBRUARY 8, 2019

most common) passwords and check them against millions of accounts. ” A hacker may target an executive in the finance department with a phishing scam, someone who they know is a controller, with a higher level of access to company bank accounts or other financial data. .”

Securities 66

Securities Accounting Education Budgeting 66

PYMNTS

MARCH 18, 2019

While payroll may not be the first back-office function that comes to mind when having a need for seamless financial data integration (that distinction typically lands in functions like accounting), payroll data is an increasingly important component of broader enterprise strategy. ” he said.

Securities 64

Securities B2B Education Accounting 64