Centage

SEPTEMBER 6, 2022

While there are many alternatives to spreadsheets, some organizations still consider them an important part of their accounting procedures. The familiarity of spreadsheets and their ease of use mean many employees are happy to keep working with them, even though they may create serious security risks.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

Nerd's Eye View

DECEMBER 28, 2022

The Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in December 2019, brought a wide range of changes to the retirement planning landscape, from the death of the ‘stretch’ IRA to raising the age for Required Minimum Distributions (RMDs) to 72. In addition, SECURE 2.0 In addition, SECURE 2.0

Tax Planning 98

Tax Planning Securities Planning Accounting 98

Nerd's Eye View

DECEMBER 28, 2022

The Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in December 2019, brought a wide range of changes to the retirement planning landscape, from the death of the ‘stretch’ IRA to raising the age for Required Minimum Distributions (RMDs) to 72. In addition, SECURE 2.0 In addition, SECURE 2.0

Tax Planning 98

Tax Planning Securities Planning Accounting 98

PYMNTS

OCTOBER 9, 2020

9) that hackers may have gained information about customers' personal email accounts, Reuters reported. The wire service said a Robinhood statement indicated that the company’s internal systems were not compromised and that they are “actively working with those impacted to secure their accounts.”.

Valuation 134

Valuation Securities Accounting Investments 134

Simply Treasury

AUGUST 3, 2022

Automated bank connectivity through a single secure channel has become essential to reduce costs, facilitate on-boarding by banks, secure transactions, speed up and automate reconciliations and reduce staff workload. The approver receives an email alert and can connect to the secure payment tool. Virtuous bank connectivity.

Banking 147

Banking Reconciliations Treasury Securities 147

CFO Leadership

OCTOBER 10, 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 95

Accounting Finance Auditing IFRS 95

Nerd's Eye View

AUGUST 9, 2023

The original SECURE Act, signed into law in December 2019, changed many of the long-standing rules governing IRAs and other retirement accounts, and no single measure in the legislation had a more seismic impact on planning than the changes to the post-death distribution rules for retirement accounts.

Accounting 89

Accounting Securities Planning Numbers 89

PYMNTS

APRIL 10, 2020

Users must also have a valid Social Security number. . Automatic payments will also be sent in the coming weeks to people on Social Security, those who receive survivors or disability benefits and people getting Railroad Retirement benefits. The non-filer tool can be used by U.S. There are roughly 10 million people in the U.S.

Treasury 145

Treasury Economics Securities Numbers 145

CFO Share

JANUARY 2, 2025

Despite securing over $100 million in venture capital and employing over 600 individuals, Bench abruptly and inexplicably ceased operations on December 27, 2024, leaving thousands of small business clients scrambling for alternatives. For example, Bench ranked #1 in accounting SEO thanks to its professional marketing department.

Startups 52

Startups Accounting Prioritization Securities 52

CFO News Room

NOVEMBER 3, 2022

But securing this “soft landing” will require patience. In short, the “soft landing,” wherein inflation normalizes without sabotaging today’s strong labor market, is still possible and the Fed should try hard to secure it. . could be sustained for a number of years. . Below, we expand on these points. .

Securities 130

Securities Economics Marketing Numbers 130

PYMNTS

AUGUST 21, 2020

Digital banking is reaching unprecedented levels of popularity amid the pandemic, with 89 percent of American bank customers using mobile banking apps to manage their savings and checking accounts. This popularity is not expected to decline once the virus wanes, with the number of online and mobile banking users expected to hit at least 3.6

Securities 106

Securities Banking Accounting Numbers 106

PYMNTS

OCTOBER 7, 2020

SWIFT’s [Society for Worldwide Interbank Financial Telecommunication] new service offers the possibility of borderless low-cost account-to-account currency transfers from the bank’s own app or portal, and Oracle Banking Payments’ readiness makes this transition easy and fast for SMEs.”. The subsidiary of Oracle Corp.

Currencies 145

Currencies Banking Accounting Securities 145

PYMNTS

SEPTEMBER 15, 2020

With the increasingly high numbers of online shoppers in the wake of COVID-19 , we are committed to providing solutions that lay the groundwork for the next generation of simple, secure and better ways to pay,” Stacey Madge , president and country manager of Visa Canada, said in the announcement. 15) announcement.

Securities 116

Securities Retail Numbers Accounting 116

PYMNTS

AUGUST 3, 2020

With accounts payable professionals working remotely, Anderson said he’s heard from some firms whose AP staff have had to physically take check-printing machines to their homes — opening up the door for fraudulent activity. “If you receive an email requesting payment to a different account, it may look genuine. .

B2B 131

B2B Invoicing Accounts Payable Accounting 131

The Charity CFO

MAY 6, 2022

Those numbers may be skewed by some outliers, like education, but, regardless, there is still a lot of federal money up for grabs. You have an active Employer Identification Number (EIN), which would be issued and maintained by the IRS. You have been issued a DUNS number (Data Universal Numbering System).

Nonprofit 119

Nonprofit Auditing Financial Systems CFO 119

PYMNTS

JANUARY 8, 2021

The FinTech group is reportedly mulling setting aside a significant number of shares for users if it goes public, but it has yet to make any final decisions, according to Bloomberg, who cited unnamed sources. billion during a financing round in September and has more than 13 million user accounts, said Bloomberg.

Compliance 145

Compliance Communication Retail Startups 145

CFO Plans

JUNE 14, 2024

In today’s AI-powered business environment, accounting is no longer just about crunching numbers. Let’s explore five key accounting services that can transform your business operations and help you stay ahead of the competition.

Accounting 52

Accounting Manufacturing CFO Tax Planning 52

PYMNTS

OCTOBER 1, 2020

In an interview with PYMNTS, Jennifer Miller, senior vice president, head of partner strategy at Elan , said the shift to mobile card apps demands careful attention from financial institutions (FIs) as they design new products that are secure and flexible. Security continues to be at the forefront of consumers’ minds.”.

Securities 106

Securities Accounting Banking Numbers 106

PYMNTS

NOVEMBER 19, 2020

Each card payment is then assigned a virtual number tied to a commercial card account. A key feature is the use of one-time, virtual card numbers to make the payments, one of the benefits of which is protection against fraud, Wells Fargo said in the release.

Invoicing 124

Invoicing Numbers Banking Securities 124

Navigator SAP

JULY 15, 2022

And securing these endpoint devices is a must. Your ERP platform should be able to unify different modules for different areas of the business, including payroll, bills of material, inventory, accounting, customer relationship management, supply chain management, and others, helping these different departments communicate. IoT support.

Budgeting 178

Budgeting Leadership Communication Leverage 178

Generation CFO

JANUARY 28, 2022

He suggests organisations need a safe space where the numbers will not be used as a stick to beat you with. “It However, when he didn’t secure a senior contract at Bradford City, he left that path behind and went on to study maths at University. Consequently, his original career ambition was in professional football.

CFO 200

CFO Math Concentration Finance 200

CFO News Room

JANUARY 19, 2023

But questions remain about how secure and reliable it is when compared to traditional brokerages. These protections help safeguard investors’ funds and securities in the event of a brokerage firm’s failure or other financial losses. SIPC stands for the Securities Investor Protection Corporation. Is Robinhood Safe to Use?

Profit and Loss 130

Profit and Loss Securities Nonprofit Investments 130

PYMNTS

SEPTEMBER 17, 2020

SWIFT , a global provider of secure financial messaging services, announced Wednesday (Sept. SWIFT said its platform will improve interactions between financial institutions, optimize speed and provide transparency and predictability from one account to another anywhere.

Compliance 139

Compliance Leverage Accounting Planning 139

PYMNTS

JANUARY 26, 2021

Payments sent to the wrong account by mistake or as a result of a fraudster’s scam cannot simply be cancelled before the funds settle,” per the Tracker. That’s why RTP networks and partner organizations in the space are busily securing the channel ahead of a big public debuts. That’s about par for real-time payments.

Securities 109

Securities Accounting Banking Finance 109

PYMNTS

OCTOBER 9, 2020

A government report found that airplanes have a number of digital technologies that might become susceptible to hackers and says American regulators have not put sufficient methods in place to contend with the risk, Bloomberg reported. The Government Accountability Office (GAO) noted in a report Friday (Oct.

Prioritization 139

Prioritization Entertainment Manufacturing Technology 139

PYMNTS

NOVEMBER 17, 2020

Telecommunications companies face a number of challenges in their day-to-day operations, however. The scheme revolves around the SIM card, a tiny device in every cellphone that tells the phone the network to which it should connect and which phone number to use. These processes are there for a reason, tedious though they may be.

Profit and Loss 107

Profit and Loss Numbers Securities Accounting 107

Barry Ritholtz

MAY 28, 2023

Binance customers shouldn’t “need a forensic accountant to find where their money is,” said John Reed Stark, a former chief of the Securities and Exchange Commission’s Office of Internet Enforcement. A world which is turning to its own Red-State-America-style demagogues and fanatics for a measure of security in a troubled world.

Entertainment 120

Entertainment Accounting Securities Numbers 120

CFO News Room

JANUARY 13, 2023

Also in industry news this week: A study suggests that simplification is the top reason consumers combine their investment accounts, signaling that the onboarding process for new advisory client assets is a value-add in itself.

Treasury 130

Treasury Compliance Investments Accounting 130

CFO News Room

DECEMBER 23, 2022

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that Congress appears poised to pass “SECURE Act 2.0”, a series of measures that will have significant impacts on the world of retirement planning. And notably, while no single change in SECURE 2.0

Mergers and Acquisitions (M&A) 130

Mergers and Acquisitions (M&A) Planning Valuation Securities 130

CFO News Room

FEBRUARY 6, 2022

You can’t e-file your tax return because of a duplicate Social Security number. You get an IRS notice that an online account has been created in your name (and you didn’t make it). You get an IRS notice that your existing online account has been accessed or disabled when you haven’t taken any action.

Auditing 130

Auditing Accounting Numbers Securities 130

The Charity CFO

APRIL 12, 2022

This organization’s revenue was secured by government contracts and a few key foundations. Their budget projected a surplus, and they were hitting those numbers. They were hitting their budget numbers month after month. Why did reality not match up with the numbers in their financial statements ? Take this example….

Nonprofit 105

Nonprofit Accounting CFO Accounts Payable 105

CFO News Room

JANUARY 23, 2023

You can open an account in 3-5 minutes. Manage all of your accounts from a single dashboard. SaveBetter pools high-interest savings accounts and CDs from financial institutions nationwide, giving customers access to high-yield accounts they otherwise wouldn’t know about. High-Yield Savings Account. No Penalty CD.

Accounting 130

Accounting Investments Banking Numbers 130

CFO News Room

DECEMBER 16, 2022

Job security is always a concern when choosing a career, but some fields are more recession-proof than others. 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. Senior Accountants. According to the U.S.

Finance 130

Finance Budgeting Financial Analyst Compliance 130

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.” That line is just another in a long series of falsehoods put forth by the professional b *s at the National Retail Federation. Can that be right?

Retail 141

Retail Profit and Loss Forecasting Accounting 141

PYMNTS

JULY 3, 2020

Corporate accounting software can use open banking to automatically access bank information rather than rely on outdated and insecure practices like screen scraping. APIs allow these payments processors to directly access customers’ bank accounts without needing the information.

B2B 111

B2B Banking Invoicing Reconciliations 111

Nerd's Eye View

APRIL 19, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that CFP Board announced that it has crossed the milestone of 100,000 CFP professionals in the United States, and despite having just celebrated its 50th anniversary last year, just set a record high in the number of advisors sitting (..)

Budgeting 97

Budgeting Leverage Securities Numbers 97

PYMNTS

SEPTEMBER 21, 2020

The rise of eCommerce can give merchants information ahead of transactions, which can be used to route those transactions with speed and security. That seamless interaction is built with APIs , where updates to payment offerings, security protocols and currencies become almost automatic.

eCommerce 124

eCommerce Currencies Securities Leverage 124