Future CFO

OCTOBER 19, 2021

Gartner forecasts that global spending on security and risk management will exceed US$150 billion in 2021 adding cloud adoption and remote working to the mix of reasons for the spend. They can also explore the option of cyber insurance to protect the company’s assets from subsequent compliance penalties and settlement costs.

Securities 52

Securities CFO Risk Management Finance 52

PYMNTS

NOVEMBER 13, 2018

A new survey shows that an increasing number of mergers and acquisitions (M&As) are not going through because of concerns over General Data Protection Regulation (GDPR) compliance.

Mergers and Acquisitions (M&A) 57

Mergers and Acquisitions (M&A) Compliance Financial Modeling Technology 57

CFO Talks

SEPTEMBER 5, 2024

Whether it’s streamlining financial reporting, enhancing data accuracy, or ensuring compliance with South African regulatory standards, clearly defining these objectives will guide the entire design process. Choosing the Right Software and Technology Selecting the appropriate financial software is a critical decision.

IFRS 98

IFRS GAAP Compliance Reconciliations 98

PYMNTS

MARCH 27, 2019

While regulators had transparency and financial security in mind when introducing more stringent requirements for banks following the global financial crisis, financial institutions faced a sudden surge in the burden compliance. The Key To Compliance Is Data.

Compliance 46

Compliance Banking Analyzing Data Prioritization 46

PYMNTS

SEPTEMBER 18, 2017

How secure do you feel when it comes to payments? Consider a survey commissioned by payment, telecom and financial data solutions provider Transaction Network Services (TNS), which found that 85 percent of adults across the United States, the United Kingdom and Australia believe fraud attempts on debit and credit cards are on the upswing.

Securities 61

Securities Compliance Numbers Accounting 61

CFO Plans

MAY 2, 2024

Regular meetings, clear reporting, and a dedicated point of contact will ensure that you stay informed and aligned with your financial goals. Evaluating Security and Compliance When it comes to financial data, security and compliance are non-negotiable.

Accounting 52

Accounting Problem Solving Communication Compliance 52

PYMNTS

DECEMBER 8, 2019

Regulators may also need to replicate their approach to insurers and asset managers by focusing on “activities that have implications for financial stability,” rather than a sole focus on the size of the firm, the FSB added. The Fed is considering an audit of Big Tech firms’ compliance policies and governance structures.

Financial Data 52

Financial Data Concentration Auditing Leverage 52

CFO Talks

OCTOBER 15, 2024

Financial Risk Forecasting Predictive models can analyse your company’s financial data—such as revenue patterns, cash flow, and expenses—to identify potential financial risks. Start by leveraging data from your accounting systems and working with your finance team to create simple forecasting models.

Risk Management 95

Risk Management Compliance Forecasting Credit Risk 95

Future CFO

JANUARY 22, 2024

Modern accounting software integrates seamlessly with diverse financial systems, automating tasks such as data entry, bank reconciliation, and invoice processing. Real-time Data Insights The advent of cloud-based accounting solutions has turned real-time financial data availability into a reality for businesses of all sizes.

Accounting 52

Accounting Reconciliations Financial Analysis Financial Data 52

Beacon CFO Plus

NOVEMBER 30, 2023

Define Roles and Responsibilities: The CFO typically focuses on financial strategy, planning, and management, while the accounting firm handles compliance, audits, and financial reporting. They should have a clear process for sharing information and data. They should have a clear process for sharing information and data.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

CFO Plans

SEPTEMBER 24, 2024

By leveraging the cloud, businesses can access their financial data anytime, anywhere. This not only enhances flexibility but also ensures that your data is secure and up-to-date. Cloud-based accounting services reduce the need for manual data entry, thereby minimizing errors and saving valuable time.

Accounting 52

Accounting CFO Compliance Reconciliations 52

The Finance Weekly

SEPTEMBER 22, 2024

Concerns about how automation might impact job security among staff can also be a hurdle. Staying Ahead of Evolving Compliance Challenges The compliance scene is constantly evolving. Different stakeholders have varying levels of financial expertise, and their priorities will differ.

Budgeting 52

Budgeting Forecasting Compliance Economics 52

Future CFO

JUNE 3, 2024

ESG in Asia Wood says companies in Singapore are leading the way in the transition towards stricter ESG regulations, as revealed by Workiva's recent ESG Practitioner Survey, outpacing their global counterparts in adopting integrated reporting, a practice that merges financial and sustainability disclosures.

Finance 40

Finance Compliance Auditing Leverage 40

Bramasol

SEPTEMBER 29, 2023

They are expected to provide financial leadership and insight into the organization's strategic direction. This involves not just managing financial data but also interpreting it to guide decision-making. Globalization CFOs have long needed to assure compliance with two different standards-setting bodies.

IFRS 91

IFRS Technology SAP Compliance 91

CFO Plans

SEPTEMBER 24, 2024

Cloud-Based Accounting Solutions for Startups Virtual CFOs leverage advanced cloud-based accounting solutions to streamline financial operations. These platforms provide real-time access to financial data, enabling startups to make informed decisions swiftly.

Startups 52

Startups CFO Financial Analysis Budgeting 52

Future CFO

FEBRUARY 22, 2024

The financial landscape is evolving at breakneck speed, driven by big data, globalisation, and digitisation. The pressure on finance leaders to deliver strategic insights and ensure compliance is mounting in this dynamic environment. These challenges, like tangled vines, impede progress.

Financial Planning and Analysis (FP&A) 97

Financial Planning and Analysis (FP&A) Finance Compliance SAP 97

Future CFO

OCTOBER 9, 2024

Risk Management: AI-driven applications can comprehensively analyze expansive amounts of financial data, identify trends and patterns, craft narratives, and suggest recommendations, thereby streamlining the process for time efficiency and enabling informed decision-making, offering a strategic advantage in speed and insight.

Risk Management 52

Risk Management Compliance Communication Leverage 52

Spreadym

AUGUST 10, 2023

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have.

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) Accounting Standards CFO 52

CFO Plans

JULY 5, 2024

This type of software offers unparalleled flexibility and accessibility, allowing your team to access financial data from anywhere, at any time. It eliminates the constraints of traditional on-premise software and enables real-time financial management across all your operations. Learn how to secure your financial data.

Manufacturing 52

Manufacturing Accounting CFO Leverage 52

Spreadym

JULY 21, 2023

Key components of digital transformation in finance include: Automation and Artificial Intelligence (AI) : Implementing AI algorithms and robotic process automation (RPA) to streamline repetitive tasks, such as data entry, customer support, and fraud detection, leading to reduced costs and increased accuracy.

Finance 52

Finance Prioritization Compliance Leverage 52

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. After all, people will always need financial services, whether investing their money , taking out loans, or managing their taxes. Chief Compliance Officer. Financial Examiner. Average salary: $114,832 per year.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

The Charity CFO

MAY 31, 2024

Messy, broken accounting systems can lead to inaccurate financial reporting which can then cascade into further issues like noncompliance with regulations or loss of donor trust. Build Trust with Donors and Stakeholders An efficient bookkeeping system improves the financial transparency and accountability of your organization with donors.

Nonprofit 52

Nonprofit Technology Auditing Profit and Loss 52

PYMNTS

JULY 5, 2017

By using ‘out-of-the-box’ cloud infrastructure building blocks, you can align the C-level suite by bringing the data together that stakeholders need to make decisions,” said Born. But data can quickly turn into a burden.

Financial Data 52

Financial Data Auditing Financial Reporting CFO 52

Spreadym

APRIL 27, 2023

Financial analysis and planning (or FA&P) software is a type of business software that helps companies manage their finances and operational activity by analyzing financial data and providing tools to plan, forecast and make budgets for efficient business growth. Visit the link to learn more about it.

Financial Analysis 52

Financial Analysis Tax Planning Budgeting Forecasting 52

Future CFO

AUGUST 21, 2023

Robert E Parker "As we look forward to the developments in AI, finance leaders will be in a better position to uncover hidden opportunities and risks and step beyond using structured financial data by utilising data from across organisational silos enhanced with data from outside the organisation."

Finance 98

Finance Compliance Data Analysis Leverage 98

CFO Plans

SEPTEMBER 6, 2024

They help present your financials effectively to attract investors and secure funding. Modern businesses benefit from tech-enabled accounting solutions that offer real-time financial data and insights. Customized financial reports provide valuable insights into your business’s performance.

CFO 52

CFO Startups Tax Planning Planning 52

CFO Plans

AUGUST 2, 2024

These platforms offer real-time access to financial data, robust security features, and the flexibility to work from anywhere. AI-driven tools can also provide valuable insights through predictive analytics, helping businesses make informed financial decisions. Discover AI-driven accounting solutions.

Technology 52

Technology Accounting CFO Tax Planning 52

Spreadym

NOVEMBER 16, 2023

Data Integration: The software should be capable of integrating data from various sources, such as ERP systems, spreadsheets, and other databases. This ensures that financial data is accurate, up-to-date, and consolidated. Compliance features help organizations adhere to regulatory requirements.

Financial Planning and Analysis (FP&A) 59

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

CFO Plans

AUGUST 23, 2024

Strategic Financial Planning and Tax Savings Tax Planning and Preparation Effective tax planning and preparation can significantly impact your business’s bottom line. A Fractional CFO leverages their in-depth knowledge of tax laws to ensure compliance and identify opportunities for tax savings.

CFO 52

CFO Tax Planning Leverage Budgeting 52

Future CFO

FEBRUARY 4, 2024

NP: Training AI models to understand and interpret complex financial data accurately requires dedicated time and resources. As legislators across the region seek to promote responsible AI adoption , firms may find it challenging to keep up with developments and ensure compliance.

Finance 98

Finance CFO Leadership Risk Management 98

CFO Plans

JUNE 14, 2024

Cloud-Based Accounting Software for Future Financial Management Gone are the days of manual bookkeeping and cumbersome spreadsheets. Cloud-based accounting software offers a seamless, efficient, and secure way to manage your finances. The startup was able to scale effectively while maintaining financial stability.

Accounting 52

Accounting Manufacturing CFO Tax Planning 52

CS Lucas

MARCH 30, 2021

The Business Edition’s unlimited forecast lines, custom dashboards and team rooms help your treasury department work cohesively on one secure platform. 5 financial instruments . Unlimited: A treasury system that is designed to meet bespoke enterprise -wide security , audit and service level compliance.

Treasury 52

Treasury Forecasting Cash Management Compliance 52

Spreadym

AUGUST 17, 2023

A financial reporting dashboard is a visual representation of financial data and key performance indicators (KPIs) presented in a consolidated and easily digestible format. This allows for a personalized view of the financial data. Organize the dashboard into sections or tabs for different financial areas (e.g.,

Financial Reporting 52

Financial Reporting CFO Cash Flow Forecasting Budgeting 52

The Finance Weekly

OCTOBER 15, 2023

But, there are important things to think about, like data security, ethics, rules, and biases. Smarter Decision-Making By using AI-generated insights, CFOs can make informed decisions based on real-time and accurate financial data. Generative AI can help in saving costs, making better decisions, and developing skills.

Financial Data 52

Financial Data Securities Finance Compliance 52

CFO Leadership

OCTOBER 10, 2023

Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns. Therefore, it’s crucial to have robust data governance policies in place when implementing AI, ensuring that the software only has access to the necessary data and is monitored for any unusual or potentially harmful activity.

Accounting 95

Accounting Finance Auditing IFRS 95

CFO Plans

AUGUST 9, 2024

Modern businesses need comprehensive financial strategies that ensure compliance, drive growth, and improve efficiency. Discover how CFO Plans can transform your financial management and set your business on the path to success.

Accounting 52

Accounting Tax Planning CFO Startups 52

The Charity CFO

MARCH 27, 2024

Specifically, nonprofit leaders should consider these factors when looking for software: Requirements for fund accounting Staying in compliance with reporting and filing Fund Accounting Requirements Fund accounting is an accounting system used by nonprofits that focuses on transparency and accountability rather than profits.

Nonprofit 40

Nonprofit Accounts Payable Compliance Invoicing 40