CFO News Room

NOVEMBER 6, 2022

When that happens, the supplier’s account management team may become frustrated. The supplier’s chief financial officer may mandate that a 15% “pain in the ass factor” be added to the client’s pricing, and the supplier’s account executive responsible for the account may find himself struggling as team members leave to work on better accounts.

Pharmaceutical 130

Pharmaceutical Communication Accounting Economics 130

Global Finance

MARCH 4, 2025

And we have ongoing important collaborations with other companies such as Boehringer Ingelheim and Veloxis Pharmaceuticals. As CFO, I also head up human resources, legal, and information technologyso its critical to have people who are highly accountable, incredibly engaged, and collaborate well across the organization.

CFO 52

CFO Pharmaceutical Finance Risk Management 52

PYMNTS

AUGUST 20, 2020

Uber Health ‘s delivery services are expanding to include pharmaceutical deliveries in some states, according to a press release from the company. Missed appointments account for over $150 billion a year in patients’ costs, affecting around 3.6 Uber Health was launched in 2018 to provide medical transportation services.

Transportation 92

Transportation Pharmaceutical Healthcare Retail 92

PYMNTS

NOVEMBER 20, 2020

In today’s top news, Citi partners with Mastercard to power its Google Pay Plex accounts, and PayPal upgraded Xoom’s money transfer services. Citi Partners With Mastercard For Google Pay Plex Accounts. 19) that most people remain fiercely loyal to physical drugstores for their pharmaceutical needs. PayPal on Thursday (Nov.

Accounting 56

Accounting Pharmaceutical CFO Healthcare 56

PYMNTS

AUGUST 17, 2020

The Federal Trade Commission recently filed a complaint against Yellowstone Capital, Fundry and their officers, alleging the merchant cash advance companies had been withdrawing funds from small business bank accounts. 300,000 was stolen by an accountant in Australia , according to ABC.net.au

Invoicing 94

Invoicing Accounts Payable Pharmaceutical Healthcare 94

PYMNTS

SEPTEMBER 24, 2020

Accounts payable (AP) teams are now taking a fresh look at the potential of tools such as virtual cards to ease their transaction frictions. The digital methods suit remote purchasing environments and offer security features that can make it difficult for fraudsters to use stolen card details.

Accounts Payable 107

Accounts Payable Construction B2B Pharmaceutical 107

PYMNTS

DECEMBER 15, 2016

The cyberthieves laundered the proceeds of their criminal activities through more than 75 different shell companies and brokerages located worldwide, The Wall Street Journal reported last year, noting that the team allegedly used aliases and over 30 fake passports to control the accounts.

Pharmaceutical 80

Pharmaceutical Securities Accounting Banking 80

CFO News

JULY 25, 2023

Rating agency ICRA said it expects the revenues of its sample set of 25 Indian pharmaceutical companies which account for 60% of the overall Indian pharmaceutical industry to grow by 7-9% in FY24.

Pharmaceutical 52

Pharmaceutical Accounting 52

CFO Talks

SEPTEMBER 30, 2024

This is not just an accounting issue; it’s a symptom of a broader problem that threatens our ability to compete in the global economy. At the heart of this issue is IAS 38 , the international accounting standard for intangible assets, which may be doing more harm than good for South Africa’s economic ambitions.

Accounting Standards 98

Accounting Standards Economics IFRS Auditing 98

CFO Talks

OCTOBER 28, 2024

I passed my first year Accountancy in 1971 as an extra subject for my BSc. I supervised more than 200 M research students and 18 doctoral candidates to completion, some in banking and in accounting. What key skills should a newly qualified accountant develop on their path to becoming a CFO? I tackle them head on. Enjoy life.

CFO 52

CFO Auditing Leadership Finance 52

Musings on Markets

FEBRUARY 18, 2025

The first was the response that I received to my last data update , where I looked at the profitability of businesses, and specifically at how a comparison of accounting returns on equity (capital) to costs of equity (capital) can yield a measure of excess returns.

Marketing 52

Marketing Profit and Loss Investments Accounting 52

CFO News Room

NOVEMBER 8, 2022

Earlier this week, Musk said he would permanently suspend accounts that impersonate without a parody label on Twitter. Perrigo – Shares of pharmaceutical company Perrigo slumped 16% after the company reported earnings and revenue that fell short of analysts’ expectations, according to Refinitiv.

Entertainment 130

Entertainment Pharmaceutical Technology Currencies 130

PYMNTS

APRIL 13, 2020

Fraud was all over the headlines this past week, with top stories related to Travelex’s ransomware payment , Luckin Coffee’s internal accounting fraud investigation, and new research anticipating an ongoing surge in payments fraud. Though the figure is high, it’s a decrease from 80 percent in 2018, the AFP noted.

Pharmaceutical 63

Pharmaceutical B2B Invoicing Education 63

Centage

NOVEMBER 21, 2022

MLBN, NHLN, Zydus Pharmaceutical, American Refining Group, Nestle. We all know that most finance and accounting departments are working weekends during the Budgeting, Planning & Forecasting cycles. Who are some of your notable clients? Tell us something interesting about your company that makes you different.

Problem Solving 98

Problem Solving Budgeting Pharmaceutical Forecasting 98

PYMNTS

SEPTEMBER 19, 2018

” According to IDC, software will be the largest and fastest-growing category through the forecast period, accounting for around 40 percent of all cognitive and AI spending. Two areas of focus for the investments include conversational AI applications and deep learning and machine learning applications. percent CAGR).

Profit and Loss 76

Profit and Loss Forecasting Pharmaceutical Leadership 76

PYMNTS

JUNE 2, 2020

Healthcare providers, insurance companies and pharmaceutical manufacturers across the U.S. percent of those surveyed wanted to receive their disbursements instantly, with approximately 38 percent wanting instant payments to arrive directly into their bank accounts, 11.7 Funding Pharmaceuticals Fast. percent onto debit cards, 10.8

Pharmaceutical 52

Pharmaceutical Healthcare B2C Manufacturing 52

PYMNTS

JUNE 19, 2020

The suit alleges that Amazon shut down Kaitlyn Pan’s seller account in September 2019, but Pan continues to import, distribute, sell and offer infringing products through its website. That’s led to the removal of more than 7,000 listings on several marketplaces, more than 360 websites and over 1,000 social media accounts.

Pharmaceutical 72

Pharmaceutical Sales Economics Accounting 72

PYMNTS

NOVEMBER 19, 2020

Kehoe reminded attendees that mail accounts for 10 percent of prescriptions filled in the U.S., with most people fiercely loyal to physical drug stores for their pharmaceutical needs, Bloomberg reported. When you want to get your COVID vaccination, are you going to call Amazon or are you going to call Walgreens or CVS?”

Pharmaceutical 64

Pharmaceutical CFO Healthcare Accounting 64

PYMNTS

AUGUST 10, 2020

Today’s Financial Times article states: “NMC allegedly used fake documents to simulate orders for pharmaceutical supplies from Neopharma, and its joint venture Nexgen, to obtain credit from banks and factoring agents that financed the fabricated sales.

Healthcare 57

Healthcare Pharmaceutical Accounts Payable Sales 57

CFO News Room

JANUARY 18, 2023

The question of whether a company is making or losing money should be a simple one to answer, especially in an age where accounting statements are governed by a myriad of rules, and a legion of number-crunchers follow these rules to report profits generated by a firm. Implications.

Marketing 130

Marketing Hurdle Rate Investments Accounting 130

Future CFO

AUGUST 9, 2022

Wang was the CFO of Beijing Konruns Pharmaceutical Co., Aged 44, Kwek will assume the overall responsibility of the financial, accounting, budgeting, and taxation matters of the group, Fabchem China noted. from December 2005 to November 2016. from 2004 to 2005.

Pharmaceutical 52

Pharmaceutical CFO Budgeting Technology 52

PYMNTS

MARCH 6, 2019

DLT enables real-time asset ownership, like cash, and can provide that access to shared data, such as files and account balances. Real-time access to tracking data through distributed ledger technology is critical for time-sensitive materials, such as pharmaceuticals or [foods]. Real-Time Window To Treasury Management.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

Global Finance

JUNE 4, 2024

That fall, after six successive quarters of negative growth, the economy finally posted positive numbers, reporting a current account surplus, disinflation, increased revenue and growing remittances from citizens working abroad. Vital Statistics Location: South Asia Neighbors: Sri Lanka borders India and Maldives by sea.

Economics 105

Economics Currencies Restructuring Foreign Exchange 105

PYMNTS

JULY 6, 2020

The company said its new payment program finds patterns in the manner in which prescriptions are filled out to ascertain the value of pharmaceuticals to be dispensed in a certain timeframe. Latin American finances account for approximately $750 billion of the expansive $56.3 billion pounds ($1.5

Forecasting 60

Forecasting Pharmaceutical Healthcare B2B 60

PYMNTS

SEPTEMBER 4, 2019

B2B Pay plans to roll out API-enabled banking services, the ability to create an unlimited number of International Bank Account Numbers (IBANs), credit card processing and solutions related to cryptocurrency. The company was among 40 FinTechs accepted into the Accelerator.

B2B 59

B2B Banking Foreign Exchange Pharmaceutical 59

CFO News Room

NOVEMBER 13, 2022

Often this comes down to accountability and silos. Other sectors, such as the pharmaceutical industry, are likely to focus on their product innovation lifecycles as the cues to drive their business, rather than macroeconomic conditions, so their experience of a downturn may be reasonably neutral.

Budgeting 130

Budgeting Marketing Math Advertising 130

PYMNTS

MAY 24, 2016

Among them is B2B Pay, which provides free International Bank Account Numbers (IBAN) for companies exporting into Europe. The offering allows users to send and receive payments without having to know the bank account details of the other side of the transaction.

B2B 56

B2B Startups Foreign Exchange Pharmaceutical 56

PYMNTS

OCTOBER 3, 2016

Kachkar used his pharmaceutical company, Inyx Inc., The civil suit by the FDIC describes accounting scams by Inyx, such as opening credit lines from Westernbank, false invoicing and instructing customers to deposit payments in secret bank accounts. to borrow tens of millions of dollars in credit from Westernbank Puerto Rico.

Pharmaceutical 53

Pharmaceutical Invoicing Finance Accounting 53

Bramasol

SEPTEMBER 27, 2024

These platforms can provide pharmaceutical companies, healthcare providers, and researchers with valuable insights into patient populations, treatment efficacy, and market trends. This could include benefits like faster enrollment, real-time monitoring, and personalized trial matching based on patient profiles.

SAP 84

SAP Healthcare Compliance Pharmaceutical 84

PYMNTS

JULY 30, 2019

“In one of the most damaging Media File Jacking attacks, a malicious actor can manipulate an invoice sent by a vendor to a customer, to trick the customer into making a payment to an illegitimate account,” Symantec said in its blog post at the time. Beyond finances, the reputational damage can last years, too.

Invoicing 64

Invoicing Pharmaceutical Securities Accounting 64

PYMNTS

JUNE 19, 2020

That tally includes routine vet care, surgical procedures and pharmaceuticals. The app also processes payments and deposits money directly into the clinics’ accounts, and vets can set their own pricing for various services rendered via teleconference. In the U.S. Looking Ahead.

Healthcare 73

Healthcare Pharmaceutical Communication Practice Management 73

Musings on Markets

OCTOBER 6, 2023

The Value of Intangible Assets Accounting has historically done a poor job dealing with intangible assets, and as the economy has transitioned away from a manufacturing-dominated twentieth century to the technology and services focused economy of the twenty first century, that failure has become more apparent.

Valuation 126

Valuation Profit and Loss Accounting Investments 126

PYMNTS

JUNE 29, 2020

The infrastructure is indeed robust for the reimbursement and purchasing of drugs in the pharmaceutical market. In one example of inefficiencies, the Government Accountability Office said earlier this year that weaknesses in the 340B program may allow some hospitals to get discounts for which they would not be eligible.

Healthcare 86

Healthcare Manufacturing Pharmaceutical Compliance 86

The Finance Weekly

MAY 4, 2023

Wu joined the fuel cell electric vehicle company in 2021 as the chief accounting officer. Prior to this, she served as the global director of cost and technical accounting and reporting at UL Solutions, a safety science company. Before that, Wu held several positions at EY.

CFO 52

CFO Pharmaceutical Auditing Finance 52

PYMNTS

FEBRUARY 18, 2019

The pharmaceutical sector is another one where liability claims can be very significant, so it’s very different scenarios for different sectors.” That means fire and explosions accounted for nearly one-quarter of all corporate insurance claims filed between 2013 and 2018.

Concentration 76

Concentration Pharmaceutical Numbers Marketing 76

PYMNTS

DECEMBER 4, 2019

India-based Marg ERP — which provides enterprise resource planning, inventory management and accounting technology to businesses — is reportedly developing an electronic B2B payments platform. Reports in The Hindu on Wednesday (Dec. “If we achieve 20 percent of this, volume would be huge,” he said.

B2B 52

B2B Pharmaceutical Reconciliations Retail 52

PYMNTS

MAY 8, 2020

business accounting startup Countingup announced a $4.94 Targeting freelancers and self-employed professionals, Countingup offers a mobile-first banking solution that merges accounting and banking. Backers included Force Over Mass, which led the round, as well as Backed, Acrew Capital and several other individual investors. Countingup.

Securities 64

Securities Banking Startups Treasury 64