https://trustedcfosolutions.com/feed/

MARCH 30, 2023

Your accountant is the unsung hero who supports you through all the ups and downs of your financial journey. But even the most experienced accountants face their own set of challenges, especially when it comes to the monthly close. It will keep you organized and accountable during the accounting period and month-end close.

Leverage 62

Leverage Financial Data Accounting Communication 62

PYMNTS

JUNE 22, 2020

The news Monday clouded an already darkening picture: Wirecard said in a statement Monday that “further examination” has revealed a “prevailing likelihood” that the missing $2 billion has never been in its accounts and in fact does not exist. At the end of September of 2019, per balance sheet data, the company had about 2.8

Auditing 77

Auditing Banking Financial Systems Financial Data 77

Future CFO

DECEMBER 4, 2024

Wong says the ability to connect financial insights to the broader business landscape is crucial. “A A great finance leader sees the bigger picture, understanding how financial data aligns with organisational goals and drives growth. “I believe impactful leaders empower others to grow, creating strong, capable teams.”

Finance 98

Finance Leadership Problem Solving Benchmarking 98

PYMNTS

FEBRUARY 20, 2020

The Akoya platform taps an application programming interface (API) network for a secure, transparent inroad consumers can use when giving third-party financial apps access to their personal financial data. The new network boosts financial system security as it speeds up API adoption.

Startups 56

Startups Financial Data Securities Financial Systems 56

Future CFO

SEPTEMBER 26, 2024

Organisations nowadays have devised their own automated system or set of systems catering to their specific needs. This is in the aim of producing timely financial data and other outputs, such as visualisations. Further, these people might also need to lead tough conversations about resource allocation.

Forecasting 52

Forecasting Planning Budgeting Financial Data 52

PYMNTS

JUNE 1, 2017

NICE Actimize, a company that offers corporate software to safeguard financial systems, is targeting corruption and bribery for its enterprise clients. But at least a third of the identification of these bribery and corruption schemes in corporations comes from audit and accountancy.”. “As

Auditing 40

Auditing Financial Systems Analyzing Data Entertainment 40

PYMNTS

SEPTEMBER 22, 2017

In the lawsuit, Summit Credit Union states that Equifax “utterly failed” at protecting consumers’ personal and financial data, maintaining that the company allowed “hackers to breach the gates and gain unfettered access to the sensitive information of millions.

Financial Systems 54

Financial Systems Accounting Financial Data Banking 54

PYMNTS

SEPTEMBER 16, 2019

In commentary sent to PYMNTS from Plaid, CEO Zach Perret said that “we draw inspiration from the work that the networks have done and look forward to collaborating with Visa and Mastercard at the intersection of commerce and financial services.

Investments 56

Investments Valuation Financial Systems Financial Data 56

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

PYMNTS

JULY 11, 2019

Such a solution would allow consumers to own their digital identities and use them for whatever they need, rather than having to create individual accounts and passwords for every service or relying on a single log-in tool from a massive corporation like Apple or Google. Can Facebook Be Trusted To Secure Financial Data?

Financial Data 49

Financial Data Securities Auditing Compliance 49

Bramasol

JULY 26, 2024

As the SAP partner with the most revenue recognition implementations and deepest involvement in the ongoing refinement of solutions such as SAP Revenue Accounting and Reporting (RAR) and Automated Revenue Management solutions, Bramasol can help you navigate the most complex RevRec scenarios.

SAP 71

SAP IFRS GAAP Compliance 71

PYMNTS

JULY 3, 2019

The co-creator of Facebook’s recently announced cryptocurrency, Libra , said the currency was created to help the unbanked population easily access the financial system, according to a Facebook post he wrote on Wednesday (July 3). David Marcus ’ post, titled “Libra, 2 weeks in,” covers a range of topics, especially financial inclusion.

Financial Systems 43

Financial Systems Currencies Banking Financial Data 43

Michigan CFO

JUNE 7, 2023

Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team. CFOs play a pivotal role in strategic decision-making, ensuring the financial health and stability of the business.

CFO 52

CFO Problem Solving Budgeting Communication 52

PYMNTS

DECEMBER 14, 2018

They must deliver services that customers and clients demand while securing their personal data. Data is crucial and — fortunately, for banks and businesses in the smarter payments space — plentiful. By some accounts , more than 90 percent of existing data was created after 2014. The market completed roughly 1.3

Advertising 72

Advertising Securities Banking Financial Systems 72

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

Future CFO

NOVEMBER 15, 2023

Ervina Waty : Here are some key changes that CFOs might need to put in place: Enhanced Data Governance and Quality Control CFOs should implement stronger data governance practices to ensure the accuracy, consistency, and integrity of financial data. This accelerates decision-making and maintains accountability.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Compliance 52

PYMNTS

FEBRUARY 15, 2019

The process through which organizations, like universities, gain that spend visibility — that is, being able to integrate financial data across platforms — opens doors to other opportunities in the higher education industry. Yet, the effort to gain a deeper view into spend isn’t simply to avoid those threats, Rotoli noted.

Education 49

Education Accounts Payable Reconciliations Prioritization 49

PYMNTS

APRIL 12, 2016

Not only do they add an enhanced level of security and fraud protection to the accounts payable process, they also simplify processes and provide a mechanism for generating new forms of revenue to support the nonprofit mission.”. Speaking of the AP professional, that’s the third benefit: streamlined accounts payable processes.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

JUNE 25, 2018

“Therefore, they are setting up their financial systems and expense management practices in a scalable way, so that they can continue to grow their operations.” . “Startups are also unique in that, while they start small, they plan to get big and they plan to do it quickly,” he continued.

Startups 52

Startups Banking Profit and Loss Healthcare 52

Spreadym

JUNE 27, 2023

Budgeting involves allocating resources and setting financial targets for various departments or business units within the organization. Financial Analysis: FP&A professionals conduct in-depth analysis of financial data to assess the organization's performance and identify areas for improvement.

Financial Planning and Analysis (FP&A) 52

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

PYMNTS

APRIL 8, 2016

Lendified announced last week the acquisition of Mentio, a cash flow forecasting company using data from cloud-based financial systems to analyze and predict the future performance of a business. If you’re not using cloud accounting software, it’s really difficult to figure out what your cash flow is going to be,” she explained.

Cash Flow Forecasting 40

Cash Flow Forecasting Forecasting Finance Cash Management 40

Future CFO

SEPTEMBER 14, 2020

Most FP&A professionals were aware of these gaps before the crisis, but the disruptions presented by COVID-19 have highlighted how vital a strong and dynamic financial system can support our rapidly changing business needs,” said Tricor’s Tam. For Sofitel’s Lee, the issues lie with governance.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Forecasting Planning Foreign Exchange 52

Spreadym

JUNE 6, 2023

This evaluation helps in monitoring performance, identifying deviations, and taking corrective actions to achieve financial goals. Financial forecasting relies on historical financial data, market trends, economic indicators, industry analysis, and assumptions about future conditions.

Forecasting 52

Forecasting Budgeting Planning Financial Modeling 52

PYMNTS

MARCH 19, 2019

He pointed to ISO 20022, a universal financial industry messaging scheme that can work with current financial system infrastructures and hasten the development of new ones. (As The individual can accept or decline the settlement amount — if accepted, the funds are pushed into their account instantly. “So,

B2C 86

B2C Budgeting B2B Compliance 86

PYMNTS

JULY 15, 2019

billion people around the world without access to a bank account to the world of digital payments at low or no cost. The coalition of nations is calling for an investigation into the supposed risks of cryptocurrencies and how they would affect the current financial system. The group of nations that comprise the G7 (the U.S.,

Currencies 40

Currencies Banking Finance Concentration 40