Creative CFP

NOVEMBER 5, 2018

Gaining operational independence and control through two leading cloud-based systems: Dear Inventory and Xero Accounting Business Type: Manufacturing Industry: Building Materials Size: 40+ employees, 2 locations Region: South Africa Integrations: Dear, Xero Customers Since: June 2018 Website: www.thetilehouse.co.za

Financial Systems 52

Financial Systems CFO Manufacturing Accounting 52

PYMNTS

DECEMBER 3, 2020

Intelligent automation supplier Kofax has announced new innovations for its invoice and accounts payable (AP) solutions, according to a press release. The new solutions will go further toward transforming AP processes with automation.

Accounts Payable 69

Accounts Payable Accounting Invoicing Compliance 69

PYMNTS

NOVEMBER 13, 2018

In other news, Overstock CEO Patrick Byrne believes the adoption of cryptocurrency will survive the collapse of the financial system, Cryptovest reported. When people start getting into it is when their own financial systems collapse.” ShapeShift.io ShapeShift.io

Financial Systems 54

Financial Systems Currencies Accounting 54

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 13, 2018

13) that it has launched Robinhood Checking & Savings, a new feature aimed at expanding its mission to overhaul the financial system in America. Robinhood, the mobile investment app company, announced Thursday (Dec.

Accounting 58

Accounting Financial Systems Startups Investments 58

PYMNTS

FEBRUARY 27, 2019

26), Kyriba said it is integrating with Citi via API to allow clients to access their Citi accounts directly from their treasury platform. Kyriba noted that its global connectivity hub, which connects treasurers to those financial systems, currently processes 30 million payments and 83 million bank transactions on behalf of treasurers.

Accounting 40

Accounting Treasury Financial Systems Cash Management 40

CFO Talks

OCTOBER 16, 2024

Define Clear Goals and Objectives Before diving into any financial project, it’s crucial to define what success looks like. Whether it’s improving cash flow, reducing costs, or upgrading financial systems, each project must have clear, measurable goals. How will we measure success?

CFO 98

CFO Risk Management Communication Financial Systems 98

The Charity CFO

MAY 6, 2022

Your financial system must be in good working order before you even consider applying for federal funding. In fact, the government places very rigorous financial reporting requirements on organizations that receive federal funding. Don't hire the wrong accountant for your nonprofit! Reach out for a free consultation.

Nonprofit 119

Nonprofit Auditing Financial Systems CFO 119

CFO News

JUNE 30, 2024

Banks intensify scrutiny on new accounts to combat mule activities, adapting to evolving fraud tactics like forming private companies. Vigilant measures include verification visits, latitude data, and washout logic analysis to deter money laundering and digital frauds in the financial system.

Banking 40

Banking Financial Systems Accounting 40

Planful

NOVEMBER 24, 2015

Are finance and accounting departments staffed with the right people, skills and tools for the Digital Age? To be blunt, they don’t really need much of what many of us learned in college cost accounting and managerial accounting courses. Putting Stress on Financial Systems. Who will sift through this much data?

Accounting 40

Accounting Finance Financial Systems Budgeting 40

PYMNTS

MARCH 23, 2016

Accounts payable solution Anybill is getting closer to existing partner Intacct in an effort to streamline the flow of financial data between the two platforms. An announcement on Tuesday (March 22) said Anybill has extended its venture with Intacct, which provides ERP software.

Accounts Payable 40

Accounts Payable Accounting Invoicing Financial Systems 40

Future CFO

SEPTEMBER 3, 2023

Editor’s note: A certified public accountant herself, Tammy Coley (pictured), Chief Transformation Officer at BlackLine , shared with FutureCFO audiences how she transitioned from accounting and FP&A roles to a transformation one as well as advice on how to upskill oneself to become a transformation leader.

Leadership 52

Leadership Finance Problem Solving Communication 52

Global Finance

OCTOBER 8, 2024

Of this loan portfolio, non-performing loans account for 3.58%, which is very manageable. At the same time, we recognize that climate change poses challenges to our mandates of promoting price and financial stability. Firstly, monetary policy decisions will need to take increasing account of the physical risks of weather events.

Banking 111

Banking Economics Construction Finance 111

CFO Talks

NOVEMBER 20, 2024

For example, while South African companies follow International Financial Reporting Standards (IFRS), the US requires compliance with its Generally Accepted Accounting Principles (GAAP). IFRS is principles-based and allows for some judgment in financial reporting, while GAAP is more rigid, rules-based, and less forgiving.

IFRS 52

IFRS GAAP Currencies CFO 52

Global Finance

SEPTEMBER 9, 2024

Labrugnas: Today, the financial system is very focused on the topic of corporate social responsibility, or CSR. Labrugnas: Being listed requires much more effort on our part, to close our accounts with the auditors. My job is to adapt to ever-changing environments. GF: Groupe Berkem operates as a bio-based chemical group.

CFO 111

CFO Finance Construction Valuation 111

PYMNTS

DECEMBER 21, 2020

With UPI, money transfers can be set up without having to share bank details or source, using a virtual payment address instead of the usual bank account numbers or Indian Financial System Code (IFSC). residents send money directly to the bank account of a recipient.

Financial Systems 112

Financial Systems Banking Accounting Numbers 112

Global Finance

AUGUST 13, 2024

For hundreds of years, there was no need for Islamic finance because there was simply no financial system to “Islamise.” The idea was to provide an ethical alternative to the Western-dominated international financial system based on the Quran. The fourth installment of a Global Finance FAQ web series on Islamic finance.

Finance 52

Finance Financial Systems Construction Auditing 52

CFO Talks

JULY 4, 2024

Here are the most valuable and practical insights from their discussion: Embrace Diverse Backgrounds for CFO Roles Traditionally, CFOs have come from strong accounting backgrounds. Key Takeaway: CFOs should develop strategic plans for the integration of digital currencies into their financial systems.

CFO 52

CFO Strategic Planning Currencies Prioritization 52

Future CFO

MAY 16, 2024

According to Christiane Zhao , accessibility champion at SecurityTech company Giesecke+Devrient and technical advisor at Harvard University , financial inclusion has emerged as an attractive proposition for banks and fintech companies when leveraged effectively.

Financial Systems 52

Financial Systems Leverage Finance Banking 52

Future CFO

JANUARY 10, 2024

Standardising settlement instructions is a crucial strategy, not just in investment transactions but also in the more immediate areas of accounts payable and receivable. This standardisation serves as a safeguard against the redirection of funds to unauthorised accounts.

Accounts Payable 52

Accounts Payable Invoicing Financial Systems Accounting 52

Global Finance

SEPTEMBER 4, 2024

Stablecoins let customers seamlessly protect themselves against the massive fluctuations of the region’s fiat currencies and escape the typically high fees of opening an international currency account. The post Latin America: Stablecoin Race Heats Up appeared first on Global Finance Magazine.

Currencies 52

Currencies Financial Systems Leverage Startups 52

Global Finance

JUNE 6, 2024

With a single mobile application and two-factor authentication, users can access multiple bank accounts, conduct fund transfers and make merchant payments. This partnership aims to boost inclusive economic growth and modernize Namibia’s financial system by improving connectivity with domestic and international networks.

Strategic Planning 64

Strategic Planning Financial Systems Banking Finance 64

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

CFO Plans

OCTOBER 9, 2024

Discover Tax Efficiency Strategies with CFO Plans The Necessity of Scalable Financial Services Integrating scalable financial services is vital for businesses looking to expand. These services offer the infrastructure needed to efficiently manage back-office financial management, ensuring tax compliance doesn’t hinder growth.

Compliance 52

Compliance Tax Planning CFO Concentration 52

CFO Share

APRIL 11, 2024

Counter-intuitively, an outsourced bookkeeping service reduces the risk of fraud by adding more oversight and best-practices to your accounting processes. Beyond security, there are other reasons “do it yourself accounting” hurts your business. The entry-point for hackers – your vendor’s email accounts – are beyond your control.

Securities 52

Securities CFO Invoicing Education 52

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 72

SAP IFRS GAAP Compliance 72

Future CFO

SEPTEMBER 26, 2024

According to non-profit research organisation APQC , when these systems are optimised and are able to produce reliable data that finance professionals and senior leaders trust, then automation can reduce the number of full-time equivalents (FTEs) needed in this area, even during busy seasons.

Forecasting 52

Forecasting Planning Budgeting Financial Data 52

CFO Thought Leader

OCTOBER 6, 2024

” – Mark Partin, CFO, BlackLine CFOTL: Many of us know BlackLine as a cloud software company that helps firms to manage their accounting. Our humble beginnings evolved through trying to help accountants to close their books through account reconciliations, matching transactions, and managing the tasks of far-flung accounting operations.

CFO 52

CFO Leadership Tax Planning Problem Solving 52

Global Finance

AUGUST 13, 2024

Islamic banks are by far the biggest players in the Islamic finance industry and account for $2,7 trillion or 70% of total assets. Avoiding Interest Pays Off This ethically-driven approach to business partly explains the success of Islamic banks at a time when many customers lack trust in the financial system.

Finance 116

Finance Prioritization Economics Banking 116

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

https://trustedcfosolutions.com/feed/

DECEMBER 26, 2021

Cloud Financial Management Software That’s Built for the Needs of Finance. Sage Intacct has freed me up to look holistically at the business rather than just focusing on getting accounting tasks done.” –Kim Watch this short demo on how Sage Intacct automates your financials. Kim Wegener, Director of Finance, Powell’s Books.

CFO 70

CFO Finance Financial Systems Accounting 70

CFO Thought Leader

MAY 21, 2023

While chief accountant for the SEC’s investment management division, Alison Staloch reports, she found herself being greeted by a degree of inclusive enthusiasm that she had seldom encountered before. Says Staloch: “At the time, I still had thoughts about going back to public accounting. I thought to myself, ‘Wow!—this

CFO 52

CFO Accounting Investments Accounting Standards 52

Future CFO

DECEMBER 31, 2021

What does this mean to the finance and accounting team of 2022? Increasingly more Finance & Accounting (F&A) functions will adopt a hybrid work model in which CFOs provide the tools to finance staff to productively work from anywhere. CFOs are the logical candidate to lead the ESG initiative.

Leadership 98

Leadership Finance GAAP Forecasting 98

Barry Ritholtz

FEBRUARY 16, 2024

He was executive vice president of the Markets Group at the New York Fed, where he also managed the System Open Market Account. He is the chair of the Bretton Woods Committee , and Chairman of the Committee on the Global Financial System of the Bank for International Settlements.

Financial Systems 62

Financial Systems Banking Investments Marketing 62

Global Finance

OCTOBER 10, 2024

György Matolcsy: After the global financial crisis, central banks realized that monetary institutions and policy needed to be renewed. The crisis pointed out the vulnerability of the financial system; therefore, the merger of the central bank and financial supervision into one institution helped strengthen financial stability.

Economics 59

Economics Banking Concentration Currencies 59

Global Finance

OCTOBER 11, 2024

The banks “failed as a result of a combination of unrealized interest rate losses from their long-term, fixed-rate assets and the loss of the low-rate deposits that had funded these assets,” Larry Wall, research center executive director of the Atlanta Fed’s Center for Financial Innovation and Stability, explained in a blog post.

Banking 107

Banking Foreign Exchange Profit and Loss Finance 107

PYMNTS

JANUARY 27, 2021

Financial services and payments in particular have seen progress in the last 10 years, the release stated. “By Many are now embracing automated accounts payable (AP) processes, which are instrumental to a remote work environment. These platforms made it easy to facilitate payments to businesses.”.

Accounts Payable 71

Accounts Payable Financial Systems Startups Accounting 71