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Crowe Launches Cash Management Solution For Hospitals

PYMNTS

Accounting, consultancy and technology firm Crowe is rolling out a new solution designed for hospitals to automate daily bank reconciliation processes and manage cash flow, the company said in a recent announcement. Hospitals can often struggle to manually reconcile cash flow coming from multiple sources.

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PodChats for FutureCFO: The continuing transformation of finance reporting

Future CFO

Technology has made financial reporting easy for everyone involved in the process, from the finance and accounts team preparing reports to the regulators, investors, and others who use those reports. That said, technology is only one aspect of the reporting process. We also do support asset accounting and tax reporting," he added.

Finance 98
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Closing The Books Is Now A Lesson In Corporate FinTech Innovation

PYMNTS

Technology is now instrumental to corporate accountants’ jobs, and to their efforts to overcome challenges like a lack of transparency and understanding of financial data. And, according to close management software company FloQast , the technologies that are impacting the market are also continually evolving.

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Best Practices to Perfect Your Month-End Close With Sage Intacct

https://trustedcfosolutions.com/feed/

Uses one set of financials and multi-dimensional reporting with an integrated General Ledger and real-time views of current and historical data. Allows user-defined workflows to improve efficiency, compliance, and transparency, providing consistent audit trail visibility.

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Finance functions aim for a touchless close

Future CFO

Finance has also invested heavily in technology to reduce time to close, with three technologies deployed by more than half of functions already: general ledger technology, a financial close solution, or workflow automation, Gartner said. 86% said they wanted a faster, real time close.

Finance 52
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Two CFO-Level Accounting Tools to Add Value to Your Accounting Services

The CFO College

As technology develops at breakneck speeds, some companies are under the impression that bookkeepers are no longer relevant, or that they are no longer able to provide valuable services. Skill #2 - The Permanent Audit Trail. The Permanent Audit Trail is a detailed recording and reporting of transactions and events.

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Why Businesses Are Choosing Other Options Over Excel Spreadsheets for Financial Forecasting

Centage

Fraud can be challenging to prevent if there is a lack of an audit trail with Excel. While Excel is better than completing a budget with paper and pen, with today’s advanced technology and companies’ heightened need for efficiency, it may not be the best available solution for your business.