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Savvy accounting leaders who “see the writing on the wall” are focused on bringing cutting-edge technologies into their teams’ daily tasks, including the monthly close, writes Horváth’s Tony Klimas.
In this episode of Planning Aces , Jack Sweeney and Brett Knowles share insights from CFOs Sandra Wallach (Amprius Technologies), David Morris (Guardian Pharmacy Services), and David Eckstein (Vanta). Brett Knowles: Identifies a “crawl, walk, run” approach to technology adoption and its impact on FP&A as a strategic partner.
Effectively managing technology expenses is more important than ever. This is where technology expense management automation comes into play. By leveraging the power of AI and automation, businesses can take control of their tech spending, reduce inefficiencies, and realize substantial cost savings.
The worlds biggest exporter of liquified natural gas leverages innovation to pursue diversified growth. New technologies are a key element in this transformation, both in modernizing existing assets and in positioning Qatar as a global leader in the digital sphere. Qatar is a destination that usually piques investors interest.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
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Financial transformation has emerged as a critical imperative for organisations in 2024, driven by the need to adapt to rapidly changing economic conditions, technological advancements, and evolving business landscapes. However, the increasing complexity of global markets and the pace of technological change have redefined this role.
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Weve got what we think is a rather exciting model, which we describe in a working paper, that helps forecast in advance the likelihood that a firm will go on to commit accounting fraud. But mostwell, allof the research into accounting fraud has focused on detection rather than prevention. Joanne Horton: Yes.
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Lori Schwartz, Global Head of Liquidity & Account Solutions and Digital & Design at J.P. Lori Schwartz : We are looking at ways to harness the power of such technology to simplify and make our internal processes more efficient. Schwartz : A big misunderstanding is that innovation is only about technology.
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What’s unique about Anh, though, is how, as a solo advisor, she differentiates her firm by leveraging the combination of a high-touch concierge approach to client service with a unique investment management approach through the use of very carefully chosen structured notes to differentiate her portfolio design from other advisors.
According to Moody’s, year-over-year issuance of sukuk in the GCC states rose 138% to $69 billion as of June, with Saudi Arabia accounting for 37% of total issuance. The bank expects this will help it leverage artificial intelligence and other advanced technologies to identify and launch new Islamic banking solutions.
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His career illustrates how finance leaders can drive strategy by immersing themselves in operations, leveraging data insights, and aligning financial decisions with long-term business value. A companys GTM strategy, if effective and coupled with innovative technology, can make a significant impact.
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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.
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.
For example, while South African companies follow International Financial Reporting Standards (IFRS), the US requires compliance with its Generally Accepted Accounting Principles (GAAP). Modern project management tools can help track these timelines and keep everyone accountable.
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.
Not surprisingly, the company listings are across the world, and I look at the breakdown of companies, by number and market cap, by geography: As you can see, the market cap of US companies at the start of 2025 accounted for roughly 49% of the market cap of global stocks, up from 44% at the start of 2024 and 42% at the start of 2023.
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.
I then applied for a Junior Accountant position and pursued further studies to support that career shift. My goal is to leverage my experience and skills in finance and strategic management to drive growth, operational efficiency, and long-term success for an organization.
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.
Establishing clear payment terms, offering early payment incentives, and utilizing innovative technology to streamline invoicing are crucial measures. For example, a SaaS company working with enterprise clients can leverage automated invoicing systems to ensure timely reminders and reduce human error, thereby expediting payment processes.
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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.
Such scenarios underscore the importance of a robust small business financial strategy , often necessitating the outsourcing of accounting tasks to professionals. Outsourcing Accounting Benefits: More Than Meets the Eye The benefits of outsourcing accounting are numerous.
The Association of Chartered Certified Accountants says the public sector is under unprecedented pressure, with increasing fiscal constraints, rising demands, and evolving societal challenges call for a transformation in how governments deliver value to citizens. Instead, they should leverage budgets as strategic tools for decision-making.
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.
For technology leaders, particularly in private equity-backed companies, cloud spend management is a critical lever for driving profitability and value creation. For technology executives, the stakes are high. This creates transparency and simplifies accountability across teams.
Choucair tells us that his approach centers on leveraging AI to unlock competitive insights, streamline decision-making, and propel Trintech ahead in the rapidly evolving landscape of finance and technology. Choucair tells us that his approach centers on leveraging [] Do you see it that way, or differently?
Administrative Costs : Operational essentials such as technology, office supplies, and HR fall into this category. Involving key stakeholders ensures transparency and accountability. Encourage department heads to regularly review financial reports for greater accountability.
Whether you’re a finance professional, business owner, or decision-maker, understanding how to leverage FIS can mean the difference between reactive problem-solving and proactive success. This means decisions can be made quickly, without waiting for accountants to prepare reports.
Debit solutions draw on funds consumers already have in their bank accounts, and while this makes them reassuring to debt-wary consumers, it can have implications if these details are snatched by fraudsters. Leveraging Machine Learning, Rules-Based Analysis To Fight Debit Fraud. Around The Next-Gen Debit World.
Government regulations are tightening, and donors are demanding more accountability. This ensures accountability and makes audits or donor inquiries easier to manage. Pro Tip: Leverage expense approval tools to ensure all vendor invoices and credit card transactions are reviewed and approved at the appropriate levels.
This will be through leveraging digital tools for real-time monitoring of accounts receivable and payable, which can optimise cash cycles and boost liquidity management. This involves driving operational improvements, adopting technology, and upskilling talent to seize opportunities and manage risks in 2025 and beyond.
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Technology and Systems The rapid growth exposed limitations in their existing systems. Financial Management Moving from basic bookkeeping to GAAP-compliant accounting became necessary as the organization grew. Leverage Available Resources In the information age, there are countless free resources available.
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