PYMNTS

JANUARY 26, 2021

marked its third anniversary of adopting its open banking framework, making it the leading market to drive the concept of unlocking customers’ bank account data for integration with third-party solution providers. Last week, the U.K. where there is no open banking regulatory mandate.

Banking 142

Banking Reconciliations Financial Data B2B 142

PYMNTS

NOVEMBER 17, 2016

The CFPB is taking a closer look at consumers and the relationship to their financial records — specifically the issues they face in accessing, using, and securely sharing their financial records. Technology provides opportunities to use these records to create new consumer tools that help improve financial lives.

Financial Data 74

Financial Data Budgeting Securities Accounting 74

Future CFO

FEBRUARY 15, 2021

BlackLine recently published a report titled, Finance & Accounting: in a Post-COVID World: Navigating the Changing Landscape. Just as important is the ability to respond to volatile market challenges,” he added. The pandemic has exposed gaps in the policies, the processes, the technologies that finance and accounting rely on.

Financial Data 52

Financial Data Finance Benchmarking CFO 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

PYMNTS

JANUARY 9, 2019

One way this shift has materialized is in how small businesses seek and hire financial professionals to join their companies. In a 2017 report from job hunting site Indeed , researchers found that “small business accountant” was nowhere to be found in the top-10 job positions sought after by most small business employers.

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71

PYMNTS

FEBRUARY 2, 2018

Information technology (IT) management solutions provider Kaseya, which targets managed service providers (MSPs) with its offerings, is linking up with small and medium-sized business (SMB) accounting firm Xero to help businesses gain greater control over their financial data. The companies said Thursday (Feb.

Financial Data 46

Financial Data Invoicing Accounting Firms Leverage 46

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. Most of the companies I talk to in the middle market will use one of the big ERPs and invariably pull the data into Excel.

Accounts Payable 123

Accounts Payable Cash Flow Forecasting Invoicing Prioritization 123

PYMNTS

NOVEMBER 13, 2019

Google is planning to launch consumer checking accounts next year in partnership with Citigroup and Stanford University, The Wall Street Journal (WSJ) reported on Wednesday (Nov. Code-named Cache, the accounts will be handled by Citigroup and a credit union at Stanford University. A recent McKinsey & Co.

Accounting 64

Accounting Banking Financial Systems Startups 64

PYMNTS

DECEMBER 29, 2020

Traditional financial institutions (FIs) continue to anticipate future demands and make progress in their modernization efforts, but they're not doing it alone. Plus, one FinTech offers a new spin on the open banking model to drive financial inclusion. In a statement, Citi U.S. WEX Talks Bank Partnerships To Advance B2B Payments.

Cash Flow Forecasting 123

Cash Flow Forecasting B2B Startups Financial Data 123

CFO Share

JUNE 18, 2024

Be Selective with Software Integrations In today’s digital landscape, nearly every software offers integrations with accounting platforms. While it might seem easier and more accurate to integrate everything, the truth is most accounting integrations are unnecessary or burdensome.

General Ledger 105

General Ledger CFO Accounts Payable Financial Data 105

CFO Plans

MAY 16, 2024

One of the most transformative tools available is SaaS-based accounting software. Cloud-based solutions are changing the game in financial management, offering numerous advantages over traditional systems. Here’s how SaaS accounting software is revolutionizing financial management and why it’s essential for CFOs.

Accounting 52

Accounting Compliance Financial Data Manufacturing 52

PYMNTS

FEBRUARY 14, 2017

Earlier this month, the firm announced that its analytics tool will be available via open API to other software platforms servicing this market. SaaSOptics knows that SaaS businesses use other software solutions, especially when it comes to financial management. The education part of the market was still going on.”

Financial Data 53

Financial Data Forecasting B2B Auditing 53

CFO Plans

AUGUST 9, 2024

In the rapidly evolving landscape of business accounting, staying ahead requires more than traditional bookkeeping. Modern businesses need comprehensive financial strategies that ensure compliance, drive growth, and improve efficiency. Get specialized financial consulting for real estate.

Accounting 52

Accounting Tax Planning CFO Startups 52

PYMNTS

APRIL 8, 2019

. “There are two main challenges for a business owner when it comes time to sell,” Hutchison told PYMNTS in a recent interview: how to price the business and how to aggregate financial data into a presentable state for prospective buyers. Cloud Accounting, Data Sharing. An Emerging Market.

Profit and Loss 111

Profit and Loss Accounting Financial Data Valuation 111

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

CFO Plans

SEPTEMBER 24, 2024

Did you know that businesses can reduce their financial management costs by up to 40% with the right accounting solutions? However, with the advent of scalable accounting solutions, businesses of all sizes can streamline their financial operations and focus on growth.

Accounting 52

Accounting CFO Compliance Financial Reporting 52

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. Rather, there’s a significant greenfield opportunity to develop new use cases for everyday financial life.

Banking 117

Banking Nonprofit Financial Data Education 117

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

PYMNTS

JANUARY 22, 2020

India is on the verge of passing a data protection law in 2020 that, in some respects, mirrors – and may help inform – other initiatives around the globe. As for the mechanics: An “account aggregator” system is being created by banks, and will be regulated and licensed by the central bank. In an interview with Bloomberg, V.R.

Accounting 52

Accounting Banking Education Numbers 52

PYMNTS

JUNE 24, 2020

through free market competition), on these shores the strategy of getting there seems to be settled in favor of acquisitions. And Tuesday (June 23), Mastercard said it struck a deal to buy Finicity , which provides access to financial data in real time, for $825 million. Visa bought Plaid earlier this year. said Vosburg.

Financial Data 105

Financial Data Leverage Banking Securities 105

Future CFO

NOVEMBER 17, 2022

When it comes to cashflow visibility, under 4% of the 1,483 business leaders and finance and accounting executives from different countries report complete confidence, said Blackline recently. According to survey results, C-suite and finance and accounting respondents see that the three biggest challenges facing them in the coming year are:

Finance 96

Finance Financial Data Economics Budgeting 96

Future CFO

DECEMBER 29, 2024

However, the increasing complexity of global markets and the pace of technological change have redefined this role. This includes real-time data analysis, which allows finance leaders to respond swiftly to market changes and identify growth opportunities.

Finance 98

Finance Compliance Data Analysis Leadership 98

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. Now, beyond interpreting financial data, we’re now also embracing sustainability reporting and assurance – a rapidly growing field."

Finance 104

Finance Accounting Principles Problem Solving Accounting 104

CFO Plans

SEPTEMBER 24, 2024

Discover expert tax planning and accounting services designed to help you thrive. Navigating the financial landscape of a small business can be overwhelming. According to the Small Business Administration, 20% of small businesses fail within their first year, often due to poor financial management.

Tax Planning 52

Tax Planning Accounting Planning Budgeting 52

Spreadym

JUNE 13, 2023

The chart of accounts is a systematic listing of all the financial accounts used by an organization. It serves as a framework for organizing and classifying financial transactions, providing a standardized structure for recording and reporting financial information. Here's how it typically functions.

Accounting 52

Accounting Financial Analysis Compliance Financial Reporting 52

PYMNTS

NOVEMBER 17, 2020

“With the new feature, German customers can now connect their accounts at Comdirect, Commerzbank, Deutsche Bank, ING-DiBa and Sparkasse with the Revolut app and view all their finances in one place — directly from their smartphones,” according to the release.

Banking 105

Banking Financial Data Accounting Finance 105

PYMNTS

DECEMBER 7, 2017

Blockchain and crypto companies may be operating with cutting-edge technology, but in the back-office, accounting and bookkeeping strategies are stuck in the stone age. There is a huge gap right now, and traditional accounting software doesn’t integrate with blockchains and cryptocurrencies.”. Libra, which recently announced $7.8

Accounting 52

Accounting Auditing Valuation Financial Data 52

Adam Kae

MAY 30, 2023

Greetings, digital marketing agency owners! Today, we delve into the captivating realm of financial automation and explore how it can revolutionize the way we manage our agency's finances. Supercharge Your Invoicing Process As a digital marketing agency, invoicing can be a tedious and time-consuming task.

Marketing 52

Marketing Invoicing CFO Reconciliations 52

PYMNTS

DECEMBER 17, 2019

As open banking frameworks take root in more markets around the globe, the model of data integration continues to also take shape in the business financial services market, particularly impacting micro- and small businesses (and the FinTechs that service them). “FX is a complicated area,” added Cran.

Marketing 52

Marketing Accounts Payable Foreign Exchange Invoicing 52

PYMNTS

DECEMBER 19, 2019

FinTech and automation technology have cast a shadow of anxiety on the accounting industry in recent years, as certified public accountants (CPAs) began to wonder whether their jobs would be replaced entirely by robots. Because there is a big disconnect between the accounting industry and the small business owner.”

Accounting 53

Accounting Finance Accounting Firms Benchmarking 53

PYMNTS

JUNE 26, 2020

This challenge exists for professionals across the back office, but in business accounting, the lack of data integration and accuracy mean finance experts are spending valuable time correcting information and moving numbers from one platform to another. All of these things require reliable data in real time.”

Accounting 52

Accounting Cash Flow Forecasting Invoicing Prioritization 52

PYMNTS

JANUARY 6, 2021

With no credit scores, limited financial transaction histories, and a huge amount of people who don’t even have a bank account, lending money in Vietnam is no simple task. So we're not talking about even some primitive APIs, it's the stone age, manual data exchange.”. Know-How Meets Opportunity.

Analyzing Data 129

Analyzing Data Financial Data Banking Finance 129

Boston Startup CFO

APRIL 3, 2023

But there's one aspect that often dampens those dreams: accounting. Fear not, dear startup founder, for we have a solution to ease your accounting woes—outsourcing. Here's how outsourcing your accounting can liberate you from number-crunching nightmares and help your startup flourish. Saving money, of course!

Startups 52

Startups Accounting Compliance Financial Reporting 52

Centage

SEPTEMBER 14, 2021

When it comes to business budgeting and planning, traditional spreadsheets are labor-intensive, prone to errors, and static, so it can be difficult to get a clear view on your current and future financial position. 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

Future CFO

AUGUST 1, 2023

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. Companies are increasingly seeking secure and compliant solutions to manage their financial data.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

NOVEMBER 9, 2020

In banking, collaboration — between the traditional players like banks and the tech savvy FinTechs bringing a slew of new apps to market — is key. there are indications that the opening of data flows between financial services companies has led to strong innovation (and demand for that innovation), and more regulation may loom.

Banking 114

Banking Financial Data Prioritization Economics 114

PYMNTS

OCTOBER 16, 2019

Germany-based Wirecard is once again facing allegations of accounting fraud by the Financial Times (FT). ” The digital payments company, in turn, accused the Financial Times of market manipulation, allegations that the FT rejects. These claims have led to an investigation by German financial watchdog BaFin.

Accounting 44

Accounting Sales Financial Data Finance 44