PYMNTS

OCTOBER 22, 2018

In addition, CGI HotScan360 allows banks to integrate certain modules with other systems or omit them, and meet compliance for regulations such as the second Payment Services Directive (PSD2), General Data Protection Regulation (GDPR) and Single Euro Payments Area (SEPA) instant payment requirements.

Compliance 43

Compliance Banking Data Analysis Technology 43

PYMNTS

MARCH 18, 2019

Faced with these dual motivations, banks around the world are investing in regulatory compliance, and were projected to spend more than $8 billion on AML compliance by 2017. banks increasing their AML compliance staffing tenfold between 2012 and 2017, according to one report. Financial and Ethical Security Strategies.

Compliance 72

Compliance Data Analysis Economics Budgeting 72

PYMNTS

DECEMBER 8, 2020

Some exchanges even deliberately avoid having KYC systems by obfuscating their country of origin to make it harder for regulators to impose national compliance guidelines. Many banks and government regulators have a growing sense of distrust in cryptocurrency exchanges due to this widespread lack of compliance.

Compliance 104

Compliance Communication Leverage Banking 104

Future CFO

AUGUST 21, 2023

There are many areas where AI has been infused into finance processes to drive value so let me mention a few: Finance process optimisation : Building intelligent workflows to reduce manual effort and improve compliance. Fraud and waste : Use Machine Learning (ML) to detect fraudulent patterns.

Finance 98

Finance Compliance Data Analysis Leverage 98

Fpanda Club

FEBRUARY 5, 2024

Among those who rest, 20% are data overloaded because of poor data governance and several conflicting data sources, 25% can’t get the data they need and over 30% don’t possess technology, tools, or resources to exploit the data they have. These are the basic that should be in place and in good standing.

Finance 130

Finance Analyzing Data Benchmarking Communication 130

Future CFO

OCTOBER 21, 2021

Executives indicated that automating the following functions are providing the greatest benefits, Kofax noted. appeared first on FutureCFO.

Accounts Payable 59

Accounts Payable Data Analysis Invoicing Compliance 59

CFO Leadership

OCTOBER 10, 2023

Many have since advanced to intelligent process automation (IPA) — RPA amplified with artificial intelligence (AI) — to streamline and improve more complex work, from tax and compliance reporting to financial statement reconciliation. 1] Robert Half and Protiviti are members of the Microsoft AI Cloud Partner Program.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

Spreadym

OCTOBER 3, 2023

Data Analysis: They use data analytics tools and techniques to extract insights from financial data, providing valuable information to support strategic decisions. This includes building pro forma financial statements, forecasting cash flows, and scenario analysis.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Financial Analysis Financial Modeling Budgeting 59

Future CFO

OCTOBER 24, 2023

Traditionally, corporate tax departments relied heavily on manual and error-prone processes for tax administration and compliance, but the emergence of new regulations mandating tax digitisation is driving change in this area of business.

Data Analysis 52

Data Analysis Compliance Invoicing Technology 52

Future CFO

AUGUST 1, 2023

This trend is driven by the need for real-time data analysis and insights to make informed business decisions. Payroll accounting : Automating payroll processes can help save time and resources, maintain compliance with legal regulations, reduce manual errors and track business expenses.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

JANUARY 22, 2019

The technology is proliferating financial markets, particularly for some of the world’s largest financial institutions in need of enhanced compliance solutions. Therefore, with greater access to data analysis that can uncover key financial patterns, that supports revenue growth. ”

Corporate Finance 77

Corporate Finance Finance Data Analysis Accounting 77

PYMNTS

APRIL 19, 2019

That’s particularly true when it comes to compliance and data security. The EU’s General Data Protection Regulation (GDPR) is a prime example, said Jones. In the U.K., However, accountants cannot take on these value-added offerings if they are managing payroll manually. ”

Accounting 61

Accounting Compliance Reconciliations Data Analysis 61

PYMNTS

JUNE 1, 2020

The teams of EY will tap into the software technology of GTKonnect, which covers a number of areas with the inclusion of free trade agreements, import/export compliance, country of origin, master data management, foreign trade zones and tariff classification as well as reconciliation.

Reconciliations 52

Reconciliations Data Analysis Compliance Accounting Firms 52

The Charity CFO

NOVEMBER 8, 2023

Compliance with Labor Laws and Overtime Management Like any other employer, nonprofit organizations are subject to labor laws and regulations. Data Analysis, Budgeting, and Resource Allocation Budgeting and resource allocation are essential for nonprofit organizations.

Nonprofit 52

Nonprofit Data Analysis Compliance Budgeting 52

PYMNTS

JUNE 20, 2017

But Big Data lands new capabilities in the hands of corporate treasurers and other executives that yields active, real-time assessments of risks from multiple angles, from counterparties to compliance. A weak data management strategy could heighten the risk of non-compliance.

Risk Management 47

Risk Management Treasury Compliance Data Analysis 47

Future CFO

JANUARY 2, 2024

Outsourcing can provide access to a broader range of expertise and industry knowledge – often leading to improved accuracy in financial reporting, compliance with regulations, and better financial decision-making for the business. This can lead to improved financial reporting, data analysis, and overall financial management.

Accounting 52

Accounting Finance Data Analysis Compliance 52

Fpanda Club

SEPTEMBER 2, 2021

Familiar with data analysis and armed with powerful tools, FP&A teams start to play more visible roles in the organizations providing their leaders with actionable insights and recommendations on the best ways to achieve company’s objectives, thus, having the direct impact on their company’s results and success.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Forecasting 130

Bramasol

NOVEMBER 27, 2021

Density : Because many DSE offerings involve bundling of multiple elements, such as a product purchase bundled with service contracts and/or consumables, customer accounts tend to accumulate much deeper levels of data that must be tracked and processed.

SAP 57

SAP B2C Compliance Data Analysis 57

Future CFO

SEPTEMBER 10, 2023

Often the right hand of the CEO, supporting him in strategic decisions, the CFO must be a big-picture thinker and detail-oriented simultaneously, especially for compliance and due diligence, among others, while being well-rounded with industry insights," he continued.

CFO 98

CFO Finance Leadership Concentration 98

Future CFO

JANUARY 26, 2024

The technological advancement provides more than just automation and reshapes roles, empowering finance teams to zero in on strategic activities like data analysis, supplier negotiations, and decision-making. 9) Audit preparation: Efficiency and compliance Preparing for audits can be a time-consuming and stressful process.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Accounting Invoicing 52

CFO Leadership

APRIL 2, 2024

With the right technology in place, companies can lessen the accounting staffing needed, without sacrificing accuracy or compliance. A crucial component to keep in mind when offshoring accounting is around legal and regulatory compliance.

Accounting 52

Accounting Accounts Payable Compliance Budgeting 52

Future CFO

AUGUST 27, 2023

One such risk is increased regulatory scrutiny and more stringent compliance requirements backed by expensive fines, added other participants. He added that this expands the scope of the CFOs’ remit, but it also means CFOs need to expand their data sources. "I Moody’s, he noted, is well known for its counterparty credit risk analysis.

Risk Management 98

Risk Management Credit Risk Finance Risk Analysis 98

PYMNTS

SEPTEMBER 4, 2019

The site reported that as part of the authority’s “Banking Made Easy” program, lenders are now allowed to use big data analysis to examine and approve credit applications. The solution ensures compliance with the second payment services directive (PSD2).

Cash Management 53

Cash Management Data Analysis Credit Risk Risk Management 53

Bramasol

SEPTEMBER 10, 2023

How Generative AI and SAP are Changing the Game Bramasol, a s a long-serving SAP partner, has been deeply involved with integrating the above AI and machine learning applications across many client implementations spanning compliance, finance and DSE projects.

SAP 82

SAP B2C B2B Microsoft Office 82

PYMNTS

JULY 21, 2020

. “It’s so critical to have the right infrastructure in place to be able to support not only a wide variety of transaction channels, locations [and] currencies, but also data centralization, data analysis and real-time reporting,” Kaufmann said. ” Challenge Turned Opportunity.

Treasury 64

Treasury Cash Management Data Analysis Banking 64

Future CFO

APRIL 27, 2023

Beyond payments, Stripe is helping us with everything from recurring billing and tax compliance to automating our financial operations.” “We're excited to work with Stripe to monetise our flagship products,” said Peter Welinder, vice president of product and partnerships at OpenAI.

Finance 52

Finance Reconciliations Invoicing Data Analysis 52

Future CFO

JUNE 3, 2024

However, she points out that challenges remain, as 73% of Singaporean respondents anticipate Corporate Sustainability Reporting Directive (CSRD) compliance and 79% are concerned about accurate data-gathering, underscoring the importance of robust data collection and management systems.

Finance 40

Finance Compliance Auditing Leverage 40

Future CFO

DECEMBER 17, 2023

Exceptions will trigger AI-driven, automated audits to ensure compliance. Embracing AI, automation, and data analysis will help finance teams bring more strategy to the organisational table and find a greater sense of confidence amid the uncertainty.

SAP 52

SAP Finance Budgeting Data Analysis 52

Future CFO

AUGUST 7, 2023

Edge AI Demand for Edge AI is growing to enable the processing of data at the point of creation at the edge, helping organisations to gain real-time insights, detect new patterns and meet stringent data privacy requirements. Edge AI also helps organisations improve the development, orchestration, integration and deployment of AI.

Concentration 52

Concentration Data Analysis Compliance Investments 52

PYMNTS

MARCH 19, 2019

However, the price of cloud computing continues to drop as data analysis technology moves into the realm of machine learning and artificial intelligence — making it ever-more appealing and important to ensure that databases are running at the highest levels possible, and with the best security.

Banking 67

Banking Planning Data Analysis eCommerce 67

Centage

NOVEMBER 22, 2021

For those dedicated finance professionals working in the nonprofit sector, the myriad of unique industry challenges from managing multiple stakeholders and funding sources, to understanding compliance standards and creating financial processes, add another layer of complexity to the process.

Financial Planning and Analysis (FP&A) 72

Financial Planning and Analysis (FP&A) Nonprofit Planning Finance 72

The Finance Weekly

AUGUST 5, 2023

Your Future in FP&A: Navigating the Varied Career Paths Typically, , Financial Planning and Analysis are integral parts of a comprehensive financial management system, which also includes accounting, revenue and cash flow management , governance, risk, and compliance (GRC), along with other core financial processes.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Financial Analysis Forecasting Budgeting 52

The Finance Weekly

AUGUST 26, 2023

This AI-driven approach strengthens risk management by providing timely insights and informed decisions based on real-time data analysis and predictive modeling. Furthermore, AI automates checking loan term adherence, promptly notifying both lenders and borrowers about breaches.

Risk Management 52

Risk Management Profit and Loss Currencies Compliance 52

Centage

JULY 12, 2022

This includes a variety of leadership and consulting roles in the buy-side investment and compliance industries such as Thomson Reuters, SS&C, and Citisoft Inc, working with clients including State Street, Invesco, and Bank of America.

Compliance 52

Compliance Budgeting Data Analysis Prioritization 52

Jedox Finance

JULY 11, 2023

Jochen Heßler, Senior Director, Product Management, Jedox Environmental, social, and governance (ESG) has emerged as an important initiative for organizations worldwide as they strive to implement sustainable practices, achieve compliance, and demonstrate substantive value to customers, employees, and investors.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Profit and Loss Compliance 52

Collectiv

JUNE 13, 2023

Data analysis is a treasure trove for non-profits. Solid processes around nonprofit data give you critical information to highlight unique aspects of your organization, boost morale, increase credibility, enhance transparency, and build community awareness to support your mission.

Nonprofit 52

Nonprofit Leverage Analyzing Data Budgeting 52

Future CFO

AUGUST 30, 2021

To fulfil these requirements, soft skills such as stakeholder management, relationship building, emotional intelligence, problem solving and communication are crucial for finance professionals in 2021 alongside core technical capabilities such as financial planning, modelling and data analysis. .

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Problem Solving CFO 52