PYMNTS

MARCH 19, 2020

Automation in small business accounting can certainly be beneficial, but when a cloud-based accounting platform remains within the confines of its own interface, there can be unexpected friction that prevents business owners from gaining real-time financial insights. Elevating Functionality. Siloed Platforms.

Accounting 62

Accounting Invoicing Accounts Payable Financial Data 62

PYMNTS

APRIL 8, 2019

The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm. Cloud Accounting, Data Sharing. be them physical or digital.

Profit and Loss 111

Profit and Loss Accounting Financial Data Valuation 111

https://trustedcfosolutions.com/feed/

FEBRUARY 18, 2022

It used to be the domain of a relatively small number of wealthy families. As families continue to increase their wealth, family offices continue to grow and need to be able to organize and centralize the family’s business and personal financial affairs. Choosing the right accounting software is important.

GAAP 116

GAAP IFRS Compliance Forecasting 116

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. “They need a much more fine-grained view of the health of their businesses from a number of different perspectives.”

Financial Data 53

Financial Data Forecasting B2B Auditing 53

PYMNTS

JANUARY 22, 2020

In the simplest terms, the data laws place parameters around the collection and use of data that springs from a staggeringly large market – as many as 560 million individuals, if we count the number of people who have internet access in India. Also, the aggregator may not store data tied to the customer, such as passwords.

Accounting 52

Accounting Banking Education Numbers 52

CFO Plans

JUNE 14, 2024

In today’s AI-powered business environment, accounting is no longer just about crunching numbers. It’s about leveraging financial insights to drive strategic decisions and elevate your business to new heights. Discover how our strategic accounting services can embolden your financial strategy and risk management.

Accounting 52

Accounting Manufacturing CFO Tax Planning 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

CFO Share

NOVEMBER 18, 2023

To most small business owners, accounting best practices feel like an annoyance and distraction. However, common mistakes can create an accounting mess and impede growth. Delayed Month Close: The Pitfall of Outdated Information Mistake : Allowing late publication of monthly financial statements.

Accounting 52

Accounting Profit and Loss Financial Data Compliance 52

PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. He pointed to financial reporting as one example of this shift.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

JULY 5, 2017

For a chief financial officer (CFO), having technology — from ERP systems to cloud accounting and cash forecasting tools — has become paramount when deploying a successful growth strategy. But Born said the human element is the key that’s often missing in these innovations to corporate financial reporting.

Financial Data 52

Financial Data Auditing Financial Reporting CFO 52

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

PYMNTS

SEPTEMBER 9, 2019

Accountants and bookkeepers have a new reality with their small business clients: machines can do number-crunching and calculations, and these professionals are now forced to examine how to elevate their role with SMBs to continue to provide value. The Artificial Intelligence ‘Hype’.

Accounting 57

Accounting Technology Financial Data Numbers 57

Future CFO

DECEMBER 9, 2019

BlackLine commissioned independent global research firm Censuswide to survey over 760 institutional investors across the world , which included 100 Singapore institutional investors, to establish their attitudes to financial risk, due diligence and reporting.

Accounting 52

Accounting Financial Data Investments Compliance 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. Last week, the Department of Justice gave the green light to Mastercard’s $825 million acquisition of data aggregator Finicity.

Banking 117

Banking Nonprofit Financial Data Education 117

PYMNTS

MARCH 30, 2018

“On March 25, the MyFitnessPal team became aware that an unauthorized party acquired data associated with MyFitnessPal user accounts in late February 2018,” the company wrote in a statement. The stolen data includes account usernames, email addresses and scrambled passwords for the MyFitnessPal mobile app and website.

Accounting 49

Accounting Financial Data Securities Numbers 49

The Charity CFO

FEBRUARY 4, 2022

Do a Google search on nonprofit bookkeeping, and you’ll find page after page of articles on nonprofit accounting. Because while nonprofit bookkeeping and accounting are related, they’re not the same thing. A bookkeeper records and organizes financial data; an accountant interprets and presents that data. .

Nonprofit 98

Nonprofit Invoicing General Ledger GAAP 98

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

JUNE 24, 2024

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. Financial analysts, business strategists and leaders can now easily extract valuable insights for decision-making.

Auditing 111

Auditing Financial Analysis Forecasting Reconciliations 111

PYMNTS

JANUARY 3, 2021

T-Mobile has told some customers of a “security incident” in which a malicious party “may have impacted some of your T-Mobile account information.”.

Securities 85

Securities Financial Data Numbers Accounting 85

CFO Network

SEPTEMBER 9, 2022

The nightmare for accountants and businesses alike is a growing issue. The financial data, in particular, makes it a prime target to hackers who want your information- whether you’re an individual or a company! Why Accounting cyberattacks are on the rise, and what you can do about it. Know Your Threats.

Securities 52

Securities Accounting Accounting Standards CFO 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. 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

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

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

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

CFO News Room

DECEMBER 16, 2022

Out of all the finance jobs available to college graduates, financial managers are some of the highest-paying, with high demand for workers in this field. Bureau of Labor Statistics, employment numbers for Financial Managers are expected to rise by 17% over the next decade , faster than the average for all occupations.

Finance 130

Finance Budgeting Financial Analyst Compliance 130

The Finance Weekly

NOVEMBER 8, 2022

As the number and quality of software tools increases, companies are constantly looking to find better ways to cut down on manual work and increase efficiency. Finance is responsible for a large number of critical operations in a business. Finance is responsible for a large number of critical operations in a business.

Financial Planning and Analysis (FP&A) 98

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

Centage

SEPTEMBER 6, 2022

So, why are so many companies relying on them to handle their financial needs? While there are many alternatives to spreadsheets, some organizations still consider them an important part of their accounting procedures. Widespread Use of Spreadsheets In past years, Microsoft Excel has dominated the business world.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

Centage

SEPTEMBER 26, 2023

It’s the only FP&A software solution that doesn’t require you to enter formulas every time you need to make a change or add an account. Planning Maestro’s built-in accounting rules and business logic let you build an accurate, driver-based budget quickly and easily. Formula-free budgeting? No programming. The result? Sound useful?

Financial Planning and Analysis (FP&A) 52

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

PYMNTS

JUNE 3, 2016

According to reports, the company was hit with a lawsuit by a former senior finance manager accusing the company of manipulating accounting data within its cloud services unit. According to court documents, Blackburn was fired in October of last year, one month after the alleged manipulation of financial data began.

Accounting 40

Accounting SAP Financial Data Finance 40

PYMNTS

NOVEMBER 9, 2020

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. The mechanic of digital conduits, and the consent, open the door to digitization and data aggregation, simplifying and streamlining daily financial life.

Banking 114

Banking Financial Data Prioritization Economics 114

PYMNTS

OCTOBER 13, 2017

Veena Gundavelli, founder and CEO of order-to-cash management company Emagia Corporation , said this focus of financial management is a goldmine for data that can be used to analyze key metrics, like accounts receivable and days sales outstanding. “Is there a product line that customers are not liking, or disputing? .”

Financial Data 40

Financial Data Invoicing Cash Management Technology 40

CFO Leadership

OCTOBER 18, 2023

AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals. They’re not very good at mathematics or dealing with numbers in general.

Accounting 52

Accounting Finance Auditing IFRS 52

Fpanda Club

SEPTEMBER 2, 2021

Planning, budgeting and forecasting are linked together forming financial planning processes. Financial analysis is a type of economic analysis based on the financial data and focused on the assessment of stability and evaluation of profitability of a company, business or project.

Financial Planning and Analysis (FP&A) 130

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

CFO Leadership

JANUARY 5, 2024

Automate Finance Fundamentals Particularly as businesses grapple with the accountant shortage , automation is key to get the work done and, just as importantly, attract and retain talent. High-impact areas to automate include invoice processing, the financial close, and internal controls. Here’s a sampling.

CFO 97

CFO Invoicing Cash Management Leadership 97

Simply Treasury

JUNE 3, 2021

We all understand that the C-level wants treasury to lake use of huge financial data they sit on and develop more reporting and dashboards. No one will be surprised to see Cash-Flow Forecasting as the number one priority, followed by digitization (and automation) of treasury processes.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

The Charity CFO

MAY 2, 2022

Beyond the numbers, Part III is the perfect place for you to showcase your story. The numbers you show work in conjunction with the words you choose to tell your board members, supporters, and potential funding sources about the IMPACT your programs make in the community. ?? Don't hire the wrong accountant for your nonprofit!

Nonprofit 105

Nonprofit GAAP CFO Accounting 105

PYMNTS

JUNE 22, 2016

In B2B payments, accounts payable automation is a hot topic, as are the challenges AP professionals face when it comes to paying suppliers and managing the data from those transactions. But as Corcentric and IOFM revealed, the accounts receivable department may not have total control over its ability to get automated.

Accounting 42

Accounting Invoicing Reconciliations Accounts Payable 42