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FEBRUARY 11, 2023

Having the right strategies in place helps open up new opportunities while preventing major roadblocks in your financial reporting. A continuous close turns what once was a lengthy activity, into an independent process that seamlessly runs in the background, keeping accounts up to date.

Accounts Payable 62

Accounts Payable Reconciliations Leverage CFO 62

Spreadym

JULY 10, 2023

Here are the typical steps involved in the financial close process: Pre-Close Activities: This phase involves preliminary activities to prepare for the close process, such as reviewing account reconciliations, ensuring the completeness of transactions, and resolving any outstanding issues or discrepancies.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

PYMNTS

MAY 26, 2016

Tipalti is launching its first-ever, end-to-end solution for accounts payable departments on the heels of news that the company secured an integration of its supplier payment solutions into the NetSuite SuiteCloud platform. The new AP platform uses that information to provide real-time payment and financial reporting.

Accounts Payable 41

Accounts Payable Invoicing Reconciliations Compliance 41

CFO Simplified

APRIL 8, 2022

The office manager controlled the company’s financial operations. She did payroll, accounts payable, invoicing and cash receipts. Take the three primary cash responsibilities—accounts payable, accounts receivable, and payroll—and cross train others so that they can take over if needed. Financial Reporting.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Reconciliations Forecasting 52

The Charity CFO

OCTOBER 9, 2024

The Core Functions of Accounting Software Like fundraising software, accounting software uses technology to simplify your bookkeeping and accounting processes. Instead, accounting software prioritizes accuracy, standardization, and regulatory compliance. Create a monthly reconciliation process between both databases.

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

The Charity CFO

MARCH 2, 2022

I don’t know if my accounting is bad. I don’t know if my financial reports are inaccurate. You’ve seen a lot of financial reports. You could also determine that by looking at their accounts payable, like, why aren’t we paying bills? I don’t know what, I don’t know.

Nonprofit 98

Nonprofit Auditing Reconciliations Accounting 98

CFO Talks

MARCH 20, 2024

Key Differences in Everyday Tasks: Reporting: The Controller prepares financial reports; the CFO reviews these reports and uses them to make decisions or plan strategies. They also seek to capitalize on available discounts for accounts payable, issue billings promptly, and diligently calculate job costs.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

The Charity CFO

JULY 19, 2024

Their primary role is to ensure that all transactions are entered into the accounting system with accuracy and consistency. Accountants run reports to help determine if the bookkeeping is done correctly. Learn more about our nonprofit financial services by contacting us today ! Get the free guide!

CFO 52

CFO Accounting Nonprofit General Ledger 52

Centage

SEPTEMBER 6, 2022

As organizations expand, they will need to rely on more complex reporting functions. Unfortunately, Excel has very defined limits that can make it challenging for businesses to publish their financial reports more quickly and efficiently. Faster publishing for financial reports and dashboards. Sensitivity analysis.

Securities 52

Securities Cash Flow Forecasting Budgeting Forecasting 52

The Charity CFO

APRIL 25, 2024

Brandi went through a similar transformation at Connections, to the point where their nonprofit board is thrilled with the quality of information contained in the monthly financial reports. Now, having monthly financial reports has been very helpful, and we’re able to drill down on the individual grant budgets and spending. “Now,

Nonprofit 52

Nonprofit Accounting CFO Auditing 52

Spreadym

JUNE 19, 2023

Control Accounts Payable: Effectively manage your accounts payable by negotiating favorable payment terms with suppliers, taking advantage of early payment discounts, and optimizing your inventory levels to avoid tying up excessive cash in stock.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Accounts Payable 52

Planful

JANUARY 11, 2022

Without AI, employees are burdened with hours of monotonous tasks like reporting and data reconciliation. This was great for business but led to increasingly long financial reconciliation times. Luckily, Specialized had implemented Planful for worldwide financial reporting and workforce planning four years earlier.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40