PYMNTS

DECEMBER 16, 2020

Commercial cards have seen an increased adoption in both large and small Indian businesses as an option to protect and digitize supplier payments, drive savings and simplify reconciliation, according to the release. Corporates will have improved compliance and security in strategic purchases and larger payments.

Reconciliations 92

Reconciliations B2B Invoicing Compliance 92

Strategic Treasurer

APRIL 3, 2023

This research discovered how your fraud experiences and security practices has changed. Has your security framework been strengthened? What security threats are on the rise? Survey Results Treasury Fraud & Controls Thank you to all of those who participated in our 2023 Treasury Fraud & Controls survey.

Treasury 52

Treasury Reconciliations Risk Management Education 52

CFO Simplified

JANUARY 5, 2024

The difficulty is that often an office manager, or senior member of the accounting team is responsible for maintaining the financial security of the firm with little or no oversight. Failure to promptly reconcile and monitor trust accounts may result in non-compliance with legal and ethical standards. It belongs to your clients.

Auditing 52

Auditing Reconciliations Compliance Securities 52

Strategic Treasurer

MARCH 21, 2022

Has your security framework been strengthened? Practitioners from all industries are polled on their experiences with fraud and on the range of controls, safeguards and security practices employed to protect their financial assets and information. Security Practices Employed (Both Human & Technological).

Treasury 52

Treasury Reconciliations Securities Risk Management 52

PYMNTS

SEPTEMBER 16, 2020

For the Electronic Banking feature, Acumatica will offer secure connections with more than 11,000 financial institutions with multiple authentication methods and tokenization technology, according to the release. And anomaly detection and streamlined bank reconciliation will be available.

Reconciliations 76

Reconciliations Auditing Compliance Banking 76

PYMNTS

MAY 27, 2020

This week’s look at the latest in payments rails innovation finds players including Mastercard, Aflex and Paycor targeting existing card and ACH rails to expand their use for corporates, with a focus on reconciliation, data capture and transparency. Paycor Certified By NACHA. CUs Move Closer to RTP.

Reconciliations 92

Reconciliations B2B Compliance Risk Management 92

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. Enhanced Financial Security The rapid integration of technology has underscored the paramount importance of data security and privacy within the accounting industry.

Accounting 52

Accounting Reconciliations Financial Analysis Financial Data 52

CFO Plans

SEPTEMBER 24, 2024

This not only enhances flexibility but also ensures that your data is secure and up-to-date. By automating repetitive tasks such as data entry and reconciliation, businesses can focus on more strategic activities. Financial compliance services help businesses navigate the ever-changing regulatory landscape.

Accounting 52

Accounting CFO Compliance Reconciliations 52

CFO Talks

OCTOBER 3, 2024

Implement Physical Controls : Use secure access controls for inventory and cash storage areas and install surveillance cameras where high-value items are kept. Regular Reconciliations : Perform surprise cash counts and inventory checks and reconcile sales and deposit records frequently. This helps reduce opportunities for fraud.

Invoicing 98

Invoicing Auditing Benchmarking Reconciliations 98

PYMNTS

JULY 15, 2020

. “With a cashless, plastic-free payment offering, virtual cards are replacing legacy payment methods because they overcome many historic payment challenges, such as labor-intensive reconciliation, fraud exposure and limited data insight,” according to the release.

Reconciliations 75

Reconciliations Transportation Compliance Leverage 75

PYMNTS

DECEMBER 7, 2020

Connected to Adflex’s payment platform, suppliers can “send a payment link via email or SMS,” enabling buyers, in turn, “to settle invoices quickly and securely from any geography, encouraging timely reconciliation and reducing cash flow problems caused by late payments,” Bermingham wrote.

B2C 65

B2C Reconciliations B2B Invoicing 65

Future CFO

AUGUST 1, 2023

Companies are increasingly seeking secure and compliant solutions to manage their financial data. Financial and accounting processes include managing the general ledger, accounts receivable & payable, billing and invoicing, reporting & analytics, bank reconciliation, budgeting & forecasting, etc.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

E78 Partners

MAY 8, 2024

It provides dashboards and reports for tracking SLA compliance and performance metrics. Validation and Reconciliation: Once categorized, the telecom expenses are validated against predefined benchmarks or budget allocations. Reconciliation may involve cross-checking billing details with service contracts and usage records.

Leverage 52

Leverage Compliance Auditing Invoicing 52

The Charity CFO

JANUARY 19, 2023

Implement Internal Controls To ensure compliance with accounting standards, you must have proper internal controls in place. Internal controls are a set of written policies, processes, procedures, and systems of authorization, reconciliation, documentation, security, and separation of duties.

Accounting Standards 52

Accounting Standards Nonprofit Accounting GAAP 52

https://trustedcfosolutions.com/feed/

APRIL 5, 2023

Allows user-defined workflows to improve efficiency, compliance, and transparency, providing consistent audit trail visibility. Accruals and reversals are automated, and entries are visible at all times, reducing the manual work needed for journal entries and reconciliations. Customize Your Chart of Accounts With Dimensions.

General Ledger 62

General Ledger Reconciliations Accounting Standards Leverage 62

Future CFO

OCTOBER 1, 2023

CIO, chief data officer, chief information security officer) to distinguish hype from reality and share results with other executive leadership team members. However, the extensive number of parameters and connections used to create these outputs prevent any transparent reconciliation of the algorithm’s response.

Leadership 52

Leadership Reconciliations Auditing Compliance 52

Bramasol

MARCH 7, 2024

The clean core concept focuses on managing each of these six dimensions to help achieve cloud compliance with master data and business process governance. Shown below, these include the software stack, operations, data, processes, integrations, and extensibility.

SAP 77

SAP Compliance Reconciliations Leverage 77

PYMNTS

APRIL 7, 2019

The enhancements improve the payment-to-settlement time, increase security and reduce costs for both payers and receivers by further automating and streamlining reconciliation of the growing number of international payments coming from different countries in different currencies,” the company said.

Reconciliations 62

Reconciliations Currencies Invoicing Compliance 62

CFO Plans

AUGUST 2, 2024

These platforms offer real-time access to financial data, robust security features, and the flexibility to work from anywhere. Artificial Intelligence and Machine Learning in Accounting AI and machine learning are automating repetitive tasks such as data entry and reconciliation. Explore cloud-based accounting solutions with CFO Plans.

Technology 52

Technology Accounting CFO Tax Planning 52

PYMNTS

OCTOBER 29, 2020

Customers expect payments to be as fast and friction-free as any other part of their digital lives, and providers are faced with the challenge of meeting this expectation while also ensuring that payments are secure and compliant with regulatory requirements. Delivering on those expectations can be a double-edged sword, however.

B2B 85

B2B Reconciliations Compliance Leverage 85

PYMNTS

NOVEMBER 3, 2020

Today in B2B, Bloomberg broadens its credit risk data pool, and two ERP solutions secure B2B payments integrations. Enterprise business software firm Aptean offers targeted enterprise resource planning (ERP), compliance and supply chain management solutions to firms throughout the globe, according to the announcement. 2) announcement.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

Spreadym

OCTOBER 20, 2023

Tax Reporting: For businesses operating internationally, multi-currency account reporting can help simplify tax reporting and compliance. Regular Reconciliation: Reconcile your multi-currency account regularly to ensure that the recorded transactions match the actual account balances. Seek professional advice if needed.

Currencies 52

Currencies Accounting Risk Management Compliance 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 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. What data governance, privacy and security procedures do we have in place or need?

Financial Planning and Analysis (FP&A) 115

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

PYMNTS

FEBRUARY 18, 2020

This creates new security challenges as firms must learn to centrally manage their fraud protection methods while also gauging threats across many different channels. FIs and PSPs in Europe are particularly interested in robust fraud-busting technologies for SCA compliance, which is mandated under PSD2.

Foreign Exchange 52

Foreign Exchange Reconciliations Compliance Banking 52

PYMNTS

FEBRUARY 20, 2020

The platform combines both incoming and outgoing payment capabilities with reporting and reconciliation that is industry specific. platform has a mission of helping insurers increase their customer retention while also helping them to draw down costs and handle compliance and security issues. The One Inc. founder and CEO.

Reconciliations 56

Reconciliations Compliance Leverage Securities 56

PYMNTS

JUNE 15, 2018

But the reconciliation, security, payment terms and buyer-supplier relationship do not mean one size fits all for B2B transactions initiated on an eCommerce platform. Electronic payment technologies may be more expensive to suppliers, but for more streamlined reconciliation, that extra cost is often worth the value.

B2C 40

B2C B2B eCommerce Reconciliations 40

PYMNTS

APRIL 3, 2020

There is a lot to consider, said Manish Vrishaketu, chief operating officer at supplier payments automation firm Tipalti , from vendor onboarding processes to tax compliance across borders. ” From Onboarding to Compliance. . ” From Onboarding to Compliance. A Payments Balancing Act.

Accounts Payable 52

Accounts Payable Reconciliations Compliance Invoicing 52

PYMNTS

SEPTEMBER 20, 2018

However, keeping track of data in a way that enables secure storage, efficient access and analysis, compliance with regulations and — ultimately — its profitable use is quite another topic. As a result, these companies can generate higher returns while cutting costs and reducing compliance burdens at the same time.

Retail 51

Retail Compliance Reconciliations Securities 51

CFO Thought Leader

OCTOBER 6, 2024

Our humble beginnings evolved through trying to help accountants to close their books through account reconciliations, matching transactions, and managing the tasks of far-flung accounting operations. It’s more about data, and because it’s more about data, there’s more security risk everywhere. Things have changed.

CFO 52

CFO Leadership Tax Planning Problem Solving 52

PYMNTS

DECEMBER 17, 2019

They can adopt technology to automate various aspects of checks, from printing to generation to submission and, on the accounts receivable side, processing and reconciliation. Today, there are two key methods for how a company can address the pain point of checks. The Check-To-ACH Migration. Checks are clunky. However, they persist.

B2B 52

B2B Reconciliations Compliance Accounting 52

Future CFO

AUGUST 2, 2020

At the same time, the disadvantages are unavoidable – prone to errors, time-consuming, lacking in modern data security & compliance standards, and often become simply unmaintainable over time. Excel remains the de facto standard for planning – users can quickly, cost-effectively and independently conduct budgeting, and forecasting.

Planning 40

Planning Reconciliations Budgeting Auditing 40

PYMNTS

MAY 13, 2020

to China within only a few hours in order to secure a PPE shipment for healthcare providers. She and a group of volunteers are working to facilitate the procurement of PPE from that distributor for Boston-area hospitals, and so far have secured 1.4 The ability to quickly, securely and efficiently move funds within a day from the U.S.

Healthcare 81

Healthcare B2B Foreign Exchange Nonprofit 81

PYMNTS

SEPTEMBER 29, 2017

But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance. Compliance with domestic and international standards is considered a must,” Beaulande recently told PYMNTS. Staying Updated.

Treasury 56

Treasury Banking Compliance Risk Management 56

PYMNTS

DECEMBER 10, 2019

And what a time it’s been, including for cross-border payments and the travel industry — the main subject of a fresh PYMNTS interview with Peter Butterfield, chief compliance officer at Flywire , which provides global payment services. Reconciliation, billing and collection practices must work in a seamless fashion,” he said.

Reconciliations 55

Reconciliations Construction B2B Compliance 55

PYMNTS

MAY 6, 2019

Security and Recordkeeping. In addition, card payments require compliance with the Payment Card Industry Data Security Standard, which can be expensive to maintain. Push payments’ simplicity can also streamline reconciliation in B2B situations. The company now instantly pays drivers after they conclude their shifts. .

B2C 44

B2C Reconciliations Invoicing Securities 44

CFO Talks

MARCH 20, 2024

Accounting Responsibilities: Both the CFO and Controller collaborate on overseeing the annual audit, ensuring thoroughness and compliance. The completion of bank reconciliations and management reports falls under the Controller’s purview, who also prepares and issues financial statements.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52