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Keys to Revenue Accounting and Compliance for Professional Services Companies

Bramasol

Previous episodes in this Insights Series have explored the challenges created by new Digital Solutions Economy paradigms for billing, fulfillment, invoicing, revenue accounting, and compliance across a wide range of industries. Also, diversification of services offered can help mitigate risk and strengthen revenue streams.

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GCC Banking’s New Techno-Frontier

Global Finance

In the US, the giant management consultant found, 73% of time spent by bank employees has a high potential to be impacted by generative AI, some 39% by automation, and 34% by augmentation. Major Gulf banks, including Al Rajhi Bank of Saudi Arabia, Qatar National Bank, and National Bank of Kuwait are already using AI to varying degrees.

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Navigating the Tech Financial Landscape

CFO Plans

Risk Management Consulting: Your Shield Against Uncertainty In the tech world, where change is the only constant, risk management consulting is your shield. With predictable fixed pricing, financial plans become clear, allowing businesses to focus on what truly matters: strategic initiatives.

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Learning About Machine Learning  

PYMNTS

by 2035, according to projections by business management consultancy Accenture. The “learning” should result in explaining the reasoning so the logic behind the decisions is transparent and meets compliance needs. The savings for U.S. companies could be as high as $60 billion in 2020 , Forbes noted.

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B2B Innovators Land Funding For AP, Cybersecurity

PYMNTS

The demand for managed security services is expected to grow as staffing and skill shortages, an ever-evolving threat landscape, and an increasing compliance burden lead companies of all sizes to offload their security needs to specialist providers like deepwatch,” Morgan Gerlak of Goldman Sachs Growth said in the announcement.

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Open Banking Spurs FI/FinTech Linkups Through Incubators

PYMNTS

In one example, this past week, a FinTech focused on open banking, ndgit, said in a press release it is debuting PSD2 compliance APIs in Switzerland. Separately, Minsait, a business management consultancy based in Madrid, said it acquired 100 percent of FinTech Afterbanks, which also based in Spain.

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A New B2B FinTech Unicorn, And More Funding Ahead

PYMNTS

Another B2B FinTech declining to disclose details of its latest funding is Avii, which offers a Software-as-a-Service (SaaS) platform for businesses in the auditing, tax, compliance and management consulting industries, with KPMG among its clients. million in internal profits.

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