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 89

Compliance Accounting SAP Invoicing 89

Musings on Markets

NOVEMBER 10, 2022

In this post, I will revisit Facebook's most recent earnings report, and argue that while it contained disappointing news on growth and profitability, the bad news was exaggerated by systematic inconsistencies in how accountants categorize expenses, skewing earnings and invested capital down in firms that don't fit the accounting prototype.

Accounting 79

Accounting Advertising Valuation Investments 79

PYMNTS

JANUARY 28, 2021

By the numbers, convenience stores are America’s gas stations. They account for 63.7 percent of all gasoline sold in the country, and 80 percent of them combine the food staples they’re well known for with the pumps for the business they’ve come to dominate. But the simplicity ends there.

Sales 124

Sales Communication Technology Securities 124

The CFO College

AUGUST 31, 2021

As an accountant or bookkeeper, you can help prevent startups from going under or losing profitability. You may hear some accounting professionals talk about horror stories related to startups. You also want to establish a clear process for accounts receivable. You see, a good idea just isn’t enough for raising capital.

Startups 81

Startups Accounting General Ledger Forecasting 81

PYMNTS

SEPTEMBER 18, 2020

Another 62 percent of businesses and 78 percent of individual sellers in the study (which included more than 1,000 businesses and individuals generating up to $10 million in sales) reported that they use marketplaces to reach more customers.

Sales 141

Sales Prioritization eCommerce Invoicing 141

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 69

Accounting SAP GAAP IFRS 69

CFO Simplified

AUGUST 18, 2022

The cash gap is the number of days between when we spend money buying presents, and when I get paid next. Days’ Inventory, also known as Days’ Sales in Inventory (DSI), represents the number of days of inventory you have on the warehouse floor, available for sale. You can see why this is important to me! Days’ Payables.

Accounts Payable 105

Accounts Payable Invoicing Accounting Sales 105

Barry Ritholtz

DECEMBER 11, 2023

retailers retracted its claim that “organized retail crime” accounted for nearly half of all inventory losses in 2021 after finding that incorrect data was used for its analysis.” I tracked the annual retail sales forecast as a twofold exercise: Avoid forecasts, as they are mostly wrong, and tend to lose investors’ money.

Retail 141

Retail Profit and Loss Forecasting Accounting 141

PYMNTS

APRIL 13, 2020

Tracking the shopping trend data since the COVID-19 outbreak began, home electronics sales as well as wellness and health products sales have increased by more than 50 percent; wine sales have exploded by 113 percent. All that commerce is now digital, which introduces both new opportunities and challenges.

Securities 129

Securities eCommerce Concentration Accounting 129

Global Finance

JANUARY 2, 2025

Baruch Lev is Philip Bardes professor emeritus of Accounting and Finance, Kaufman Management Center, Leonard N. Feng Gu is chair and professor of Accounting and Law at the School of Management, State University of New York at Buffalo. Lev: One important element of successful due diligence is to look at the accounting.

Mergers and Acquisitions (M&A) 107

Mergers and Acquisitions (M&A) Finance Accounting Forecasting 107

PYMNTS

AUGUST 17, 2020

The Commerce Department released July’s retail sales last week, showing an increase in seasonally adjusted retail spending – up 1.2 Analysts reported that physical retail sales, seasonally adjusted, were up 2.7 Analysts reported that physical retail sales, seasonally adjusted, were up 2.7 percent growth in June.

eCommerce 134

eCommerce Retail Sales Numbers 134

PYMNTS

DECEMBER 28, 2020

It could be argued that for the retail industry to pull off a 3 percent uptick for holiday sales this year was an astonishing feat. Overall spend: If the season were measured by traditional standards, from Thanksgiving through Christmas, overall sales would have bumped up by 2.4 The number was also higher than many expected.

eCommerce 104

eCommerce Retail Sales Numbers 104

CFO News Room

DECEMBER 14, 2022

The real retail sales indicator improved from a negative trend to a neutral trend. The expected single-family sales index dropped to 31 from 35 in the prior month, the current single-family sales index was down to 39 from 45 in October, and the traffic of prospective buyers index sank again, hitting 20 from 25 in the prior month.

Economics 130

Economics Manufacturing Sales Retail 130

https://trustedcfosolutions.com/feed/

FEBRUARY 18, 2022

It used to be the domain of a relatively small number of wealthy families. Choosing the right accounting software is important. However, there are exceptional cloud accounting software programs that can take that complexity and make it simple. With the right accounting solution in place, you can “right-size” your staffing.

GAAP 116

GAAP IFRS Compliance Forecasting 116

PYMNTS

NOVEMBER 6, 2020

As eCommerce and B2B payments expand across borders, time zones and currencies, virtual international bank account numbers (IBANS) can pave the way for firms to capture online sales efficiently — and bypass the frictions of traditional banking relationships. . Customizing The Accounts. .

B2B 98

B2B Currencies eCommerce Compliance 98

Focus CFO

NOVEMBER 22, 2024

Heading into 2025, accurate sales forecasting is more critical than ever. Here are five key ways to align your sales forecasting and budgeting processes for success in the year ahead. Here are five key ways to align your sales forecasting and budgeting processes for success in the year ahead.

Forecasting 52

Forecasting Budgeting Sales CFO 52

PYMNTS

AUGUST 5, 2020

In the current environment, of course, the pandemic decimated foot traffic across any number of verticals — restaurants and retailers come to mind, of course. In fact, our bitcoin sales on our machines have increased dramatically week over week for the last 10 to 12 weeks,” amid an online and in-store advertising boost.

Currencies 135

Currencies Advertising Numbers Retail 135

PYMNTS

SEPTEMBER 4, 2020

But in other ways, it was business as usual, as the two biggest retailers in the world – Walmart and Amazon – posted stellar earnings numbers and competed in more muted ways for the U.S. Overall, gross sales in the U.S. percent for total sales and 30.1 The eCommerce giant accounted for 3.2 Its gross sales in the U.S.

Retail 99

Retail eCommerce Sales Numbers 99

PYMNTS

DECEMBER 24, 2020

The numbers speak for themselves. From a strictly retail perspective, however, the digital shift produced three major trends, presented here with quotes from executives that appeared on our pages: direct-to-consumer sales, the continued decline of malls and department stores and the accelerated growth of Amazon, Target and Walmart.

Retail 118

Retail eCommerce Numbers Transportation 118

PYMNTS

JANUARY 25, 2021

That number is a 30 percent boost from where it was the previous year. Additionally, the release stated there will be new privacy standards when account information is shared between the card or digital wallet and the checkout terminal, supporting various privacy requirements.

Technology 124

Technology Securities Sales Numbers 124

PYMNTS

DECEMBER 9, 2020

The conversation came against a backdrop where, at a high level, B2B payments account for $120 trillion globally on an annual basis. Faster payments schemes also number more than 50 and counting. The conversation came against a backdrop where, at a high level, B2B payments account for $120 trillion globally on an annual basis.

B2B 134

B2B Reconciliations Accounting Invoicing 134

PYMNTS

JANUARY 27, 2021

Riding the success of the global connected economy and a better than expected performance from the iPhone 12, the company logged its first $100 billion quarter, with the number reported during its earnings announcement on Wednesday (Jan. billion in sales for the category compared with $55.96 27) coming in at $111.4 billion in 2019.

Entertainment 94

Entertainment Advertising Sales Numbers 94

PYMNTS

JANUARY 19, 2021

The complexities of striking up a local market presence — market by market, bank by bank — can quickly mount, maintained Schott, and result in missed sales, chargebacks, fines and penalties — and eventually, loss of reputation. Shortening The Time To Commerce.

eCommerce 128

eCommerce Compliance Invoicing Retail 128

PYMNTS

SEPTEMBER 28, 2020

Rajneesh Gupta , vice president of global enterprise partnerships at Intuit, said the integration will "make the lives of small business owners and the accounting professionals that serve them easier," according to the release. Small businesses use Amazon Business to purchase a number of goods to enable their business growth.

Reconciliations 98

Reconciliations Numbers Accounting Sales 98

PYMNTS

DECEMBER 21, 2020

It recently opened its first digital-only location after reporting that its digital sales grew by 203 percent in Q3 compared to the same period in 2019. Digital revenues represented 49 percent of the chain’s total sales during the same quarter, revealing that consumers are clearly seeking digital access to restaurants in record numbers.

Sales 120

Sales Leverage Investments Technology 120

CFO News Room

FEBRUARY 4, 2023

But economists say it’s not clear how much of that will show up in the labor numbers. Tom Simons, money market economist at Jefferies, expects 260,000 jobs were added in January, but he said the number could be even higher. A higher-than-expected number might be viewed as just an outlier, he added.

Forecasting 130

Forecasting Education Numbers Marketing 130

PYMNTS

DECEMBER 30, 2020

Accommodating those preferences gives suppliers the opportunity to increase sales volumes and decrease their cash conversion cycles and days sales outstanding (DSO). But not all suppliers have the point-of-sale (POS) infrastructure that is necessary in order to accept card payments.

B2B 105

B2B Reconciliations Sales Invoicing 105

Musings on Markets

NOVEMBER 1, 2023

As the price dropped below $200 today (October 30,2023), I decided that it was time for me to revisit and revalue the company, taking into account the news, financial and other, that has come out since my last valuation in January 2023, and to understand the dueling stories that are emerging about the company.

Valuation 118

Valuation Profit and Loss Numbers Sales 118

PYMNTS

SEPTEMBER 21, 2020

At least some of that data, he said, can be gathered at the point of sale interaction. That information can include whether consumers are authenticated and where the point of sale is located. Ranta noted that new payment rails are taking root in the States and abroad, with announcements like The Clearing House ’s RTP system.

eCommerce 124

eCommerce Currencies Securities Leverage 124

PYMNTS

JANUARY 25, 2021

The prohibition is part of a larger legal reform that also bans government officials from opening accounts at foreign banks. The data leaked included names, email addresses, phone numbers, bank account details and tax ID numbers, the report stated.

Currencies 104

Currencies Banking Economics Numbers 104

PYMNTS

JANUARY 21, 2021

In terms of customers going online to bank, BofA added that digital sales accounted for 45 percent of all consumer banking sales for the quarter. Citibank can now open accounts online in 50 countries and in the year 2020 it opened 14 million accounts digitally — a 200 percent increase over 2019.

Banking 101

Banking Accounting CFO Leverage 101

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. . And that’s a problem.

Nonprofit 98

Nonprofit Invoicing General Ledger GAAP 98

PYMNTS

JANUARY 6, 2021

billion in 2019, with 66 percent of that number used to pay for pet food. There weren't any hard numbers at the time of the report on how this had changed during the pandemic, but anecdotal reports said the increases continued as people sought comfort during the strange times. In 2020, same-store sales spiked by 9.6 million.

Valuation 102

Valuation eCommerce Forecasting Numbers 102

Global Finance

JULY 29, 2024

And they typically boast a deep understanding of accounting principles, analysis, and business strategy—essentials in guiding an organization toward its goals. Indeed, it’s hard to make accounting sexy when “Instagram influencer” is a viable career option. Many finance and accounting professionals, however, are only “technicians.”

CFO 97

CFO Finance Accounting Principles Corporate Finance 97

PYMNTS

AUGUST 30, 2020

Users could search “digital currency” and find the app — and furthermore, they could activate it by entering the mobile phone number associated with their CCB account. They were also able to send and receive digital yuan by entering either the digital ID or a phone number.

Banking 95

Banking Construction Currencies Retail 95

PYMNTS

NOVEMBER 16, 2020

Keys can be the user's social security number, mobile phone number, or email address, providing a level of security and identification above the SITRAF rails. A merchant is not so much concerned about having the money at his accountant at the given second. It takes consumer data to make PIX work. The Need For Speed .

Nonprofit 131

Nonprofit Reconciliations Banking Securities 131

PYMNTS

SEPTEMBER 17, 2020

Chief Executive Officer Adam Rogas , pursuing an asset freeze and charging him with “defrauding investors” by allegedly untruthfully claiming millions in sales, according to a Thursday (Sept. He allegedly provided the company’s finance department with the purportedly falsified bank statements and sales numbers monthly.

Securities 101

Securities Communication Sales Banking 101