CFO Talks

OCTOBER 23, 2024

Accountability in Finance Teams, Methods and Benefits Accountability is a big deal in any business, but for finance teams, it’s especially important. Methods for Building Accountability Clear Roles and Responsibilities The first step to accountability is making sure everyone knows what they’re supposed to do.

Accounting 98

Accounting Finance CFO Invoicing 98

CFO Talks

OCTOBER 31, 2024

Late payments or unpaid invoices can seriously impact cash flow, making it harder to cover essential expenses like paying employees, suppliers, or rent. Regularly Monitor Your Accounts Receivable Keeping an eye on your accounts receivable is essential for catching potential problems early.

Credit Risk 95

Credit Risk Invoicing Sales CFO 95

CFO Thought Leader

OCTOBER 29, 2024

At the time, Gronen was vice president of finance, responsible for assessing acquisitions and analyzing their outcomes. This experience shaped Gronen’s career, reinforcing his commitment to taking on complex challenges and thinking beyond traditional finance roles. Right now, many companies receive invoices in paper envelopes.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) CFO Finance Profit and Loss 52

Future CFO

MARCH 11, 2025

The role of the Chief Financial Officer (CFO) has undoubtedly moved outside the traditional accounting function and into a strategic leadership position. Kumar explains that this explosion of data from diverse sources internal systems, customer interactions, market data presents a significant challenge for modern finance functions.

Finance 52

Finance Compliance Performance Measuring CFO 52

The Finance Weekly

DECEMBER 2, 2024

When you’re making small-talk with someone who isn’t in finance or accounting about how work is going, and they answer with “busy,” do you ever question how hard it really is? We spoke to 20 finance teams for research on this article. After all, how busy someone is will be relative to their business, function, and industry.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 52

Fpanda Club

MARCH 14, 2021

Assessing efficiency of businesses, projects and processes, the finance function does not always set an example in terms of best productivity. The evolution of the finance function results in new roles of finance professionals as strategic co-pilots and process and performance management experts.

Finance 130

Finance Benchmarking Transportation Accounts Payable 130

Global Finance

FEBRUARY 4, 2025

Supply chain finance boosts resilience, liquidity, and ESG goals amid deglobalization and technological shifts. As the world edges toward an age of deglobalization, supply chain finance (SCF) is increasingly seen as a powerful tool for enhancing supply chains resilience and flexibility. billion in 2024 and is expected to reach $15.2

Finance 52

Finance Invoicing Banking Manufacturing 52

PYMNTS

SEPTEMBER 29, 2020

And in an interview with PYMNTS, Jacob Shoihet , co-founder and CEO of the online financing platform Marco Financial , said the problem is particularly acute for exporters. “In Overall, Marco Financial has noted, banks reject 50 percent of small- to medium-sized business (SMB) financing applicants.

Finance 114

Finance Invoicing Accounting Banking 114

PYMNTS

JUNE 17, 2020

As such, trade finance will be an important piece of the global recovery puzzle. Connecting B2B vendors to financing on their unpaid invoices can grant them the financial stability they need to keep trade flowing, but it comes with its own set of challenges — both for the vendor and financiers. Broadening Risk Mitigation.

Invoicing 68

Invoicing Finance B2B Credit Risk 68

PYMNTS

NOVEMBER 10, 2020

Accounts payable (AP) and payment automation provider AvidXchange has rolled out a connection with Concur® Invoice for vendor payments. Concur Invoice lets companies ingest and digitize invoices via machine learning, integrating the payments in one system to supervise expenditures. 10) announcement. 10) announcement.

Invoicing 88

Invoicing Accounts Payable SAP B2B 88

PYMNTS

NOVEMBER 4, 2020

Even with the digitization of the invoice, fraud remains a rampant problem, and it's not only the buy-side of the B2B equation faced with the consequences. Deepfake technology means criminals can masquerade their own voices to convince unwitting employees to approve an invoice for payment, for instance. It's just inefficient.".

Invoicing 90

Invoicing Auditing B2B Accounts Payable 90

PYMNTS

MAY 14, 2020

Invoice inaccuracies caused by either honest mistakes or deliberate fraud quickly add up if not caught and corrected, and unexpected monetary drains cause budgets to fall short of projections. Eric Forry, vice president of finance at U.S.-based Three-Way Invoice Matching. There are a lot of different variables.”.

Invoicing 89

Invoicing Retail Accounts Payable Manufacturing 89

Future CFO

MARCH 16, 2022

Hexamatics Servcomm , an HR and business process service provider headquartered in Malaysia, decided at the onset of the current pandemic to automate its operational account and control (OAC) function, which has been crucial in reducing daily operation time by 50% to 60%. What is very interesting about this app is the automation process.

Finance 98

Finance Accounts Payable Invoicing Compliance 98

The Finance Weekly

NOVEMBER 8, 2022

A finance software stack is a list of top solutions that will produce the best results for finance teams. Finance is responsible for a large number of critical operations in a business. Here are the 7 best finance software solutions broken down into different categories: 1) Accounting. Low implementation times.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98

PYMNTS

JUNE 24, 2020

The accounting world was as caught off-guard and unprepared as most other industries when COVID-19 came to town. One fact has clearly surfaced in the interval between pandemic lockdowns and phased reopenings, and it’s this: accounts payable (AP) can’t cut it manually anymore. Invoice processing is expensive on paper.

Accounting 95

Accounting Accounts Payable Invoicing Prioritization 95

PYMNTS

AUGUST 9, 2020

Due to the SAP Ariba Network, suppliers have access to better visibility for invoices and orders, with the ability to self-manage account information, submit invoices electronically and receive new purchase orders. Strides have been made lately toward eliminating late invoice payments, PYMNTS reported.

SAP 144

SAP Invoicing Risk Management Education 144

Future CFO

FEBRUARY 24, 2022

Deloitte’s updated Finance 2025: Digital transformation in finance lists eight predictions revolving around digital technologies. Four of the predictions have automation at the heart of the prediction: The finance factory: Transactions will be touchless as automation and blockchain reach deeper into finance operations.

Finance 97

Finance Invoicing Accounting Budgeting 97

CFO Talks

DECEMBER 3, 2024

Tools like cloud accounting systems, AI-driven financial analysis, and automated reporting not only reduce costs but also improve efficiency and accuracy. For instance, using automated invoicing software could save hours of manual work, enabling your team to focus on higher-value tasks like analysing trends or forecasting.

CFO 84

CFO Financial Analysis Invoicing Leadership 84

PYMNTS

MAY 13, 2020

Accounts payable (AP) tools that provide quick, detailed oversights of businesses’ financial statuses and payments obligations can help pick up the pace of payments by keeping invoice approval processes on track. Three-Way Invoice Matching Brews Up Better AP Processes. Around The AP Automation World.

Invoicing 79

Invoicing Accounts Payable B2B Budgeting 79

CFO Simplified

JULY 24, 2022

How Does a Fractional CFO Work with a Remote Accounting Team? But even with all of those changes, the accounting function has remained essentially the same. So, in a remote environment, which we’re all used to by now, how does a fractional CFO work with a remote accounting team? Managing a Remote Accounting Team.

Accounting 96

Accounting CFO Invoicing Manufacturing 96

CFO Plans

OCTOBER 29, 2024

This article explores effective strategies for accounts receivable and payable management, offering actionable insights to enhance financial stability and promote growth. Improving Liquidity through Accounts Receivable Efficiency Optimizing accounts receivable efficiency is crucial for improving liquidity.

Accounts Payable 52

Accounts Payable CFO Budgeting Invoicing 52

CFO Simplified

NOVEMBER 12, 2024

Especially for business owners that are unfamiliar with finance, chasing the symptom sometimes accentuates the problem without providing resolution. They needed an interim Controller to put their accounting team back on track. The accounting manager left three months ago to work for a company with younger people.

Invoicing 52

Invoicing Construction CFO Education 52

https://trustedcfosolutions.com/feed/

JUNE 2, 2022

Suppose your company finances are complicated and include multiple entities or locations. In that case, you may be looking for more powerful real-time accounting solutions to provide you with a better view of your entire operation and help with things like taxation, HR, multiple currencies, and more. appeared first on.

Finance 104

Finance General Ledger IFRS GAAP 104

Future CFO

APRIL 7, 2022

In one FutureCFO workshop of finance leaders, despite two-thirds using some of the most advanced ERP tools in the market, nearly all concede the use of spreadsheets as part of work. Forty-three years on, spreadsheets are still a staple of finance functions for companies big and small. Albert Leong.

Finance 98

Finance SAP Cash Management Invoicing 98

CFO Talks

MARCH 6, 2025

Hand Over the Numbers and Focus on What Matters Lets be honest, handling finances isnt everyones favourite job. If you’re spending hours every week trying to manage your books, chase invoices, or figure out tax rules, youre not focusing on what mattersgrowing your business. Finance isnt just about adding up numbers.

Numbers 52

Numbers Finance Accounting Invoicing 52

Bramasol

MAY 23, 2024

Previous episodes in this Insights Series have explored the challenges created by new Digital Solutions Economy paradigms for billing, fulfillment, invoicing, revenue accounting, and compliance across a wide range of industries. Also, monitoring renewals and upgrades is key to forecast future sales.

Compliance 89

Compliance Accounting SAP Invoicing 89

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

PYMNTS

FEBRUARY 20, 2020

As Open Banking spreads further into the small business (SMB) financial services market, accounting and lending platforms are taking advantage. Small business accounting platform FreshBooks recently announced an agreement to integrate with Taxfyle , a data sharing arrangement that aims to automate tax prep for small business owners.

Accounting 87

Accounting Banking Invoicing Sales 87

PYMNTS

DECEMBER 28, 2020

Nacha is issuing a warning to accounts payable professionals with regards to the rising threat of fraud. But accounts payable is far from the only back-office financial workflow at risk of fraud. The DOJ accuses the individual of fraudulently invoicing more than $1.5 Department of Justice revealed. million in customs costs.

B2B 116

B2B Accounts Payable Invoicing Manufacturing 116

PYMNTS

FEBRUARY 26, 2020

That means emerging services are multitasking, easing friction for both accounts payable and accounts receivable. Below, PYMNTS explores the latest initiatives and finds that innovators are looking at the accounts receivable side to tackle accounts payable friction. Tipalti Reallocates The Workload.

Accounting 72

Accounting Accounts Payable Invoicing General Ledger 72

Future CFO

APRIL 22, 2024

The evolution of the finance function over the past few years has been anything but apparent, with the whole advent of digitalisation within the team and the non-stop shifts in the market. For many Finance teams, AI-powered technology does not replace humans as it functions more like a highly specialised team member.

Finance 98

Finance Budgeting Accounts Payable Concentration 98

The Charity CFO

APRIL 5, 2022

If you’re like many people, you probably think that there is a single set of accounting rules that every company must follow. . But that’s not quite true—nonprofits face a decision between 2 different accounting methods for tracking their financial activity: cash accounting vs. accrual accounting.

Nonprofit 98

Nonprofit Accounting GAAP Auditing 98

Future CFO

MARCH 5, 2023

“Finance automation technology integrates machine learning and artificial intelligence for use in areas such as financial analysis, payroll administration, invoice automation, collections action, and preparing financial statements. What aspect of the finance function benefited most from the introduction of automation, and why?

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Financial Analysis 98

CFO Thought Leader

JANUARY 29, 2025

Collis career began in accounting, where he spent seven years honing technical expertise in public accounting. Over five years, TDS tripled in size through seven acquisitions, Collis tells us, requiring him to integrate diverse cultures, systems, and processes while scaling the finance team from 10 to 30 members.

CFO 52

CFO Accounts Payable Invoicing Reconciliations 52

PYMNTS

JANUARY 20, 2021

Corporate finance teams were not simply tasked with finding ways to continue operations in a remote work environment as a result of the coronavirus crisis. There were cases where some of these finance teams could not even understand what their cash visibility looked like.”. The Biggest Pain Points, Revealed.

B2B 125

B2B Invoicing Prioritization Corporate Finance 125

PYMNTS

DECEMBER 14, 2020

Amid market volatility, organizations are finding it imperative to accelerate their accounts receivables while extending accounts payables and still maintaining positive buyer-supplier relationships. Accounts receivable and accounts payable are two key functions of the enterprise with significant impact on cash flow.

Accounts Payable 123

Accounts Payable Cash Flow Forecasting Invoicing Prioritization 123

PYMNTS

NOVEMBER 17, 2020

This week's look at the most recent initiatives in partnerships and open banking reveals a focus on SMB lending and finance, while Banking-as-a-Service (BaaS) also gains traction to allow non-banks to offer their own banking services to corporate customers. Allied Irish Bank Embraces LendScape Receivables Finance.

Finance 99

Finance Banking B2B Invoicing 99