Global Finance

JUNE 6, 2024

Africa And Middle East MNT-Halan MNT-Halan developed innovative technology that provides a digital solution for unbanked populations. Users can receive salaries through the app, transfer funds to other accounts, make investments and purchase items. This solution compiles relevant information currently in a bank origination system.

Technology 59

Technology Invoicing Finance Compliance 59

Future CFO

OCTOBER 25, 2023

With the rampant incidents of frauds and scams related to finance, machine learning can be leveraged to detect and prevent financial fraud, allowing a company or an organisation to respond in real-time. It can also assess what mode and how much amount the particular account can be allowed.

Leverage 52

Leverage Auditing Finance Financial Data 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. Entitlement Management - Tracking and managing software licenses to ensure they are accounted for accurately.

Compliance 92

Compliance SAP Accounting Invoicing 92

CFO News Room

DECEMBER 1, 2022

Financial planning technology, in particular, has allowed advisors to automate time-intensive back-office tasks and delegate routine analyses to support staff, freeing up their time to engage more personally with clients.

Technology 130

Technology Planning Investments Leverage 130

CFO Talks

FEBRUARY 18, 2024

By leveraging analytics and performance metrics, CFOs can measure the effectiveness of training programs, identify areas for improvement, and make data-driven decisions to optimize future initiatives. Read industry news on Accounting Weekly here. Learn more about our CFO Club Africa for finance executives and managers here.

Leverage 52

Leverage CFO Finance Compliance 52

The Charity CFO

AUGUST 21, 2024

The relationship between fundraisers and accountants in a nonprofit organization can be challenging. Fundraising and accounting departments provide vital services to the organization, but when they fail to communicate, it can lead to financial errors.

Communication 52

Communication Accounting Nonprofit Budgeting 52

CFO Plans

AUGUST 16, 2024

This is where expert financial advisors and comprehensive accounting services come into play. By leveraging their expertise, you can make informed decisions that enhance your portfolio’s profitability. Consulting with professional accountants can ensure you don’t miss out on any eligible deductions.

Accounting 52

Accounting CFO Compliance Leverage 52

CFO Thought Leader

JULY 19, 2024

This shift not only enhances efficiency but also addresses the acute shortage of skilled accountants by automating routine tasks and allowing finance professionals to engage in more valuable work. As the market demands more from finance teams, leveraging AI can be the key to maintaining competitiveness and ensuring long-term success.

Leverage 52

Leverage Finance Invoicing Forecasting 52

The Charity CFO

APRIL 1, 2024

Implementing technology into your nonprofit accounting process can help solve a variety of issues—from tracking receipts to properly recording donations. In most cases, technology helps improve the efficiency and accuracy of nonprofit accounting. You’ll need to use the right technology systems to get these benefits.

Nonprofit 52

Nonprofit Accounting CFO Accounts Payable 52

Future CFO

DECEMBER 3, 2023

What’re your 2024 predictions for finance and accounting? BlackLine said there are several major trends when releasing its 2024 predictions for finance and accounting. According to Nikhil Parambath, Regional Vice-President, Asia, BlackLin e , the company’s 2024 predictions for finance and accounting are as follows.

Accounting 52

Accounting Finance CFO Leverage 52

Bramasol

SEPTEMBER 29, 2023

Driven by sweeping changes such as digital transformation, globalization of markets, the subscription-based Digital Solutions Economy™ (DSE), carbon-accounting mandates, a rising emphasis on artificial intelligence, and other disruptive trends, the role of Chief Financial Officer (CFO) is undergoing radical transformation too.

IFRS 91

IFRS Technology SAP Compliance 91

Future CFO

OCTOBER 4, 2023

Accountants are optimistic about digital transformation, including artificial intelligence, according to a survey by the Association of Chartered Certified Accountants (ACCA). Additionally, cost remains the top challenge when adopting technology, but organisational culture also remains a critical factor in successful adoption.

Accounting 52

Accounting Compliance Leverage Technology 52

The Charity CFO

AUGUST 22, 2024

Auxilia is a technology platform created to help community driven nonprofit organizations with donor outreach, engagement, and retention. Paul and Tosha collaborate on a discussion about nonprofits investing in technology. There is almost an unwritten fear or stigma associated with nonprofits and using dollars to invest in technology.

Nonprofit 52

Nonprofit Technology Investments CFO 52

CFO Plans

MAY 30, 2024

Yet, many businesses struggle with the complexities of accounting, often leading to costly mistakes and missed opportunities. Discover how outsourcing accounting services can improve your financial health , enabling businesses to focus on growth while ensuring their financial health is in expert hands.

Compliance 52

Compliance Accounting CFO Manufacturing 52

Centage

NOVEMBER 16, 2022

Here are some of the key financial reports to run if you want to give your company the best odds of achieving its goals: Balance sheet: A crucial element for any business, the balance sheet offers insight into the company’s asset, liability, and equity accounts. Fortunately, automating financial reporting can improve both speed and accuracy.

Financial Reporting 98

Financial Reporting Financial Planning and Analysis (FP&A) Leverage Forecasting 98

CS Lucas

NOVEMBER 29, 2023

The Need for Specialized Technology Solutions To address this pressing need, treasury teams are relying on CS Lucas Treasury Management System’s dedicated syndicated loan modules. Let’s explore some of the key capabilities of CS Lucas: 1. Alerts notify appropriate stakeholders as threshold limits approach.

Technology 52

Technology Treasury IFRS Compliance 52

https://trustedcfosolutions.com/feed/

MAY 27, 2022

Owning a restaurant chain or several restaurant franchises can be challenging when it comes to accounting and being able to consolidate all your reporting and records. There are a lot of accounting solutions on the market but only one that can provide you with all the information you need to make those critically important growth decisions.

Accounting 108

Accounting General Ledger Accounts Payable Cash Management 108

Future CFO

JANUARY 26, 2024

The technological advancement provides more than just automation and reshapes roles, empowering finance teams to zero in on strategic activities like data analysis, supplier negotiations, and decision-making. There are nine ways AI-powered systems can transform invoice processing in Accounts Payable (AP) departments.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Accounting Invoicing 52

Future CFO

MAY 16, 2023

The Institute of Singapore Chartered Accountants (ISCA) announced recently a S$2 million AI for accounting initiative. According to the accountancy body, its AI for AI (accountancy industry) initiative comes with a multi-pronged approach.

Accounting 52

Accounting Finance Technology Leverage 52

Bramasol

JULY 22, 2023

Previous posts in this blog series o n Environmental, Social and Governance (ESG) and carbon accounting have spotlighted carbon accounting as a trend to watch , looked at ESG impacts on M&A , and tracked the emergence of new ESG standards.

IFRS 83

IFRS Accounting SAP Compliance 83

Bramasol

JULY 31, 2023

This new post provides a deeper look at how the leasing of medical equipment along with other bundled services or products presents particular challenges for meshing contracts and lessor accounting with DSE management and revenue recognition. According to Allied Market Research, "The global medical equipment rental market was valued at $56.0

Accounting 72

Accounting SAP GAAP IFRS 72

Nerd's Eye View

SEPTEMBER 20, 2023

30 years ago, when financial plans relied mainly on constant investment return projections derived from straight-line appreciation and time-value of money calculations, financial advisors began acknowledging and accounting for the variable and uncertain nature of investment returns. Read More.

Planning 91

Planning Technology Investments Leverage 91

CFO Plans

NOVEMBER 18, 2024

Learn More About Building Trust with Investors Leveraging Transparent Financial Management as a Strategic Edge Transparent financial management extends beyond fulfilling regulatory obligations; it acts as a strategic advantage. By demonstrating a commitment to accountability, organizations can significantly boost stakeholder confidence.

Communication 52

Communication Finance CFO Prioritization 52

Future CFO

JUNE 1, 2022

Rigid data silos have been replaced with more fluid methods of working as technology-enabled collaboration provides a comprehensive, company-wide, real-time overview for agility when plans change. Even the field of accounting, once known for its stodgy spreadsheets and hand-written ledgers, has inched toward embracing innovation. .

Technology 52

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

PYMNTS

APRIL 7, 2020

What we’re trying to do is leverage open banking to replicate a FedEx or Amazon experience where businesses know where their payment is at any given point of time, so they have real-time cash flow positioning.”. This ‘technology trust’ is something that FinTech companies can deliver.”. That is a powerful offering.

Leverage 83

Leverage Banking B2C B2B 83

PYMNTS

APRIL 23, 2020

Business payment and accounting solutions provider Gilded said that digital currency data provider CoinMarketCap has implemented its cryptocurrency payment technology, according to an announcement. Our solution puts digital currency payments and accounting on autopilot, so businesses can focus on innovation and growth.”.

Technology 78

Technology Invoicing Currencies Leverage 78

Global Finance

NOVEMBER 14, 2024

CTBC aims to leverage both GenAI and traditional AI to enhance its personalized banking experience and seamlessly deliver next-gen banking services. Real-Time Fraud Prevention with AI Digital account fraud is a significant issue for global financial services, increasing 45% annually.

Banking 52

Banking Leverage Risk Management Technology 52

PYMNTS

SEPTEMBER 23, 2020

One of the most common threats to FIs is identity fraud, with fraudsters posing as consumers to gain access to their accounts or apply for loans they have no intention of paying back. Technologies like video onboarding and AI have shown promise in facing this threat, but each is vulnerable when deployed alone. billion in 2019.

Technology 83

Technology Construction Leverage Banking 83

CFO Thought Leader

OCTOBER 31, 2024

Inside The Mentoring Round, CFO John Gronen discusses Yooz’s strategic investment in AI and machine learning to enhance accounts payable (AP) automation, fraud detection, and efficiency. He also shares insights on the evolving role of CFOs, focusing on risk management, technological adaptation, and scaling operations.

Risk Management 52

Risk Management CFO Accounts Payable Invoicing 52

PYMNTS

APRIL 22, 2020

Fraudulent claims account for more than $80 billion a year in the U.S. Approximately 95 percent of such firms leverage anti-fraud technology, Greg Firestone, vice president of data science at Allstate , told PYMNTS in a recent interview. Insurance fraud is not a new phenomenon, but it is a prevalent one.

Leverage 80

Leverage Numbers Technology Investments 80

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 Thought Leader

FEBRUARY 4, 2024

Kemp then explained how the strategy would no longer be about short-term gains but about leveraging the acquisition to expand the company’s presence and to push profit pools into other connected categories. Kemp: Built Technologies is one of the fastest-growing construction and real estate technology companies.

CFO 52

CFO Technology Construction Leverage 52

https://trustedcfosolutions.com/feed/

MARCH 8, 2023

By leveraging intelligent payroll software, companies can enjoy an effective method for processing timely payments, streamlining payroll cost allocation, and confidently managing employee benefits. Manual payroll methods can’t keep up with the demands of modern payroll accounting.

Accounting 65

Accounting Budgeting Compliance CFO 65

The Finance Weekly

OCTOBER 13, 2021

The responsibilities of controllers today extend to more than just accounting and forecasting; FCs are now expected to engage in business administration and financial planning. Thus, they communicate with C-Level executives differently and more frequently than in the past.

Financial Planning and Analysis (FP&A) 52

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

Bramasol

MARCH 24, 2022

This important issue was previously explored last year in Are You Ready for "Carbon Accounting" Compliance? A subsequent blog post specifically addressed How Can Carbon Accounting Impact the Value of M&A Deals? and also identified as one the Five Key Trends to Watch in 2022.

Accounting 77

Accounting SAP Analyzing Data IFRS 77

PYMNTS

JUNE 11, 2020

With market volatility and economic pressure higher than it has been in more than a decade, the ways businesses manage and account for their money is inevitably included in that wave of operational change. That means significant implications for the ways accountants and auditors operate both within an enterprise and externally from it.

Economics 77

Economics Accounting Auditing Forecasting 77

PYMNTS

JANUARY 13, 2021

The paper check, the paper invoice, slow accounts receivable (AR) processes and collecting on aging receivables can be difficult for even the most seasoned AR professionals. Within the B2B space, especially, technology can improve payments processes that are time-consuming and error-prone. The problems are analog.

Accounting 94

Accounting Invoicing B2B Treasury 94