PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. He pointed to financial reporting as one example of this shift. Modernizing the ERP.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

JANUARY 11, 2021

Corporate travel management platform TripActions said in a press release that its TripActions Liquid payments and expense system now integrates with leading corporate finance systems.

SAP 93

SAP Entertainment Corporate Finance Communication 93

PYMNTS

NOVEMBER 15, 2018

He remains “bullish,” he said, on the technology’s ability to streamline vendor payments, as well as to make a bigger impact on the broader corporate finance ecosystem. That same information is key to alternative and traditional lenders, which need this data to underwrite their financing.

B2B 74

B2B Cash Flow Forecasting Corporate Finance Forecasting 74

PYMNTS

MARCH 10, 2016

Ehrenberg told reporters that businesses can first run the solution in test mode to be sure that it functions properly before going live to take the reins over a corporation’s financial data.

Corporate Finance 40

Corporate Finance Finance Accounting Financial Data 40

PYMNTS

DECEMBER 22, 2020

Today, corporates often continue to rely on manual processes to aggregate and move transaction data from one platform to another. In corporate finance, often the most vital source of financial data is the ERP (enterprise resource planning) system.

Banking 114

Banking Treasury Corporate Finance B2B 114

CFO News Room

JANUARY 24, 2023

This post will be one of a series, where I will put different aspects of financial data under the microscope, to get a sense of how companies are adapting (or not) to a changing world. The Data Variables When I first started reporting data, I had only a dozen variables in my datasets.

Marketing 130

Marketing Valuation Corporate Finance Currencies 130

PYMNTS

OCTOBER 18, 2017

In corporate finance, “Excel spreadsheets” is nothing short of a taboo. The financial institution (FI) announced news on Tuesday (Oct. The solution can automatically collect data from CashPro Online and display it into configurable spreadsheets, Bank of America said.

Corporate Finance 71

Corporate Finance Forecasting Banking Financial Data 71

Jedox Finance

JANUARY 19, 2024

Coined by industry analyst Gartner, autonomous finance refers to self-learning software agents that automate business operations and corporate finances. Autonomous finance is increasingly permeating all aspects of financial management by optimizing and streamlining financial data gathering and analysis.

Finance 52

Finance Corporate Finance Financial Data Leadership 52

PYMNTS

JANUARY 9, 2019

“The healthy economy brings a need for companies to know where their business is thriving financially (or not), to help make decisions for the future.”. ” Traditional bookkeeping also prevents financial professionals from using their time wisely, forced to aggregate and crunch financial data rather than analyze it.

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71

PYMNTS

NOVEMBER 12, 2018

Chief financial officers (CFOs) often have a love-hate relationship with their enterprise resource planning (ERP) systems. They’re a staple of corporate finance and, as of recent years, are accelerating their shift into the cloud. “It’s a love-hate relationship with Excel,” said Lipps.

Corporate Finance 54

Corporate Finance CFO Finance Forecasting 54

PYMNTS

DECEMBER 13, 2018

The problem can be traced back to data: as organizations scale, either through organic growth or M&A, they’re taking on more financial management platforms and opening more bank accounts, leading to fragmented storage of financial data. Open banking is not a regulatory requirement in the U.S.,

Treasury 62

Treasury Banking Cash Management Accounts Payable 62

Musings on Markets

JANUARY 8, 2022

This post will be one of a series, where I will put different aspects of financial data under the microscope, to get a sense of how companies are adapting (or not) to a changing world. The Data Variables When I first started reporting data, I had only a dozen variables in my datasets.

Valuation 99

Valuation Corporate Finance Currencies Finance 99

PYMNTS

OCTOBER 29, 2018

More than 670 professionals at mid-sized and large firms were asked about how they collaborate with human resources and IT departments, both areas of the enterprise that have significant impacts on financial management.

CFO 58

CFO Corporate Finance Risk Management Finance 58

PYMNTS

JANUARY 18, 2021

"Finance is generally the number-one friction point in all organizations," said Alex Wheldon , co-founder of Rho Technologies , which offers business banking services via a collaboration with Evolve Bank and Trust. Marrying AP With Banking. It is very much mean to be living in a centralized location with the rest of your tools.". The New ERP?

Accounts Payable 66

Accounts Payable Banking Invoicing Corporate Finance 66

CFO Leadership

OCTOBER 10, 2023

While other AI models are far superior to humans in their ability to perform complex mathematics and spot trends, patterns, and variances across a broad swath of data, LLMs are not. However, they still have a place in corporate finance and accounting. With a large and diverse enough data set (e.g.

Accounting 95

Accounting Finance Auditing IFRS 95

Future CFO

MARCH 1, 2023

Gartner says finance transformation encompasses strategic initiatives designed to revolutionise the way the corporate finance function manages its strategy, processes, internal controls, and financial reporting. The post ExecOpinion: Finance transformation: Strategies in 2023 appeared first on FutureCFO.

Finance 91

Finance Benchmarking Compliance SAP 91

PYMNTS

JANUARY 9, 2019

Account takeover attacks, social engineering tactics and payments fraud all threaten businesses as attackers go after the high-value transactions typical of corporate finance, BioCatch explained in a blog post last week. The treasury department is an increasingly attractive target to cyber fraudsters.

Banking 56

Banking Treasury Corporate Finance Securities 56

PYMNTS

JANUARY 15, 2021

Connecting transaction data from B2B payments with spend management technology means not only moving money faster, said Thakur, but also obtaining greater agility in the management of financial data that can provide a clearer picture into how organizations can (and should) manage their assets.

B2B 73

B2B Invoicing Accounts Payable Prioritization 73

PYMNTS

JANUARY 11, 2021

Corporate travel management platform TripActions said in a press release that its TripActions Liquid payments and expense system now integrates with leading corporate finance systems. TripActions Adds Integrations for Microsoft, SAP and Others.

B2B 55

B2B Securities SAP Invoicing 55

PYMNTS

JANUARY 15, 2019

Still, most businesses are bracing for some changes, with nearly two-thirds of medium-sized and large enterprises expecting Open Banking to save them time and make their financial management professionals’ lives easier. This is all, presumably, good news for corporate customers of banks looking to embrace FinTech.

Banking 66

Banking Corporate Finance Securities Treasury 66

CFO News Room

DECEMBER 16, 2022

What makes finance different from other business disciplines is its focus on numbers. Financial professionals need to be able to understand and interpret financial data. How you manage your own finances is one thing, but being able to manage the finances of an entire company is another. Management Skills.

Finance 130

Finance Budgeting Financial Analyst Compliance 130

PYMNTS

JANUARY 26, 2018

Corporate accounting software is now a continually evolving space, but progress doesn’t occur in a vacuum: External forces and trends, from changing regulations to increased adoption of FinTech by the enterprise, force businesses to adjust how they record and report financial data. Open Banking initiatives in the EU, U.K.,

General Ledger 47

General Ledger Benchmarking Reconciliations Accounts Payable 47

CFO Talks

OCTOBER 17, 2024

Connecting with Your Audience, Communication, and Executive Presence In the fast-paced world of corporate finance, CFOs in South Africa are expected to do more than just crunch numbers—they need to be effective communicators. Next time you present financial data, think of a way to illustrate it with a real-life example or case study.

Communication 52

Communication CFO Leadership Corporate Finance 52

Global Finance

SEPTEMBER 9, 2024

“We’ve seen how migrating to the right treasury data analytics strategy can absolutely transform how treasury teams interpret and utilize their financial information—and deliver better business outcomes within the corporate suite,” notes Blake. “By

Treasury 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

PYMNTS

FEBRUARY 5, 2018

The discussion around sharing financial data today is most often in reference to major industry happenings, like PSD2, Open Banking and the sudden influx of APIs in the financial services space. “Stand-alone businesses are concerned with their own financials,” he said. ”

Finance 43

Finance Financial Data Invoicing Communication 43

PYMNTS

OCTOBER 2, 2017

That skepticism has largely waned, though, with many organizations taking a hybrid approach to cloud solutions and, eventually, entrusting the cloud to store key information like financial data. Within the finance and accounting world, there seemed to be general resistance to the cloud, mainly circulated around security,” he said.

SAP 43

SAP Financial Data Finance Accounting 43

PYMNTS

APRIL 1, 2016

Find out the small business finance, alternative lending, SaaS and data analytics startups that managed to squeeze in support before investors closed their wallets. Corporate Finance. Veritas Finance. The startup provides small businesses with online financial tools, and with $6.7

B2B 40

B2B Startups Corporate Finance Finance 40

CFO Leadership

OCTOBER 18, 2023

While other AI models are far superior to humans in their ability to perform complex mathematics and spot trends, patterns, and variances across a broad swath of data, LLMs are not. However, they still have a place in corporate finance and accounting. With a large and diverse enough data set (e.g.

Accounting 52

Accounting Finance Auditing IFRS 52

PYMNTS

DECEMBER 20, 2018

In an announcement this week, the company said its API-enabled Instant Reporting tool has launched, linking Nordea to third-party solutions that allow corporate users to gain real-time access to financial data across systems.

Banking 57

Banking Cash Management Financial Data Financial Reporting 57

PYMNTS

MARCH 23, 2016

Accounts payable solution Anybill is getting closer to existing partner Intacct in an effort to streamline the flow of financial data between the two platforms. An announcement on Tuesday (March 22) said Anybill has extended its venture with Intacct, which provides ERP software.

Accounts Payable 40

Accounts Payable Accounting Invoicing Financial Systems 40

PYMNTS

JUNE 1, 2017

NICE Actimize, a company that offers corporate software to safeguard financial systems, is targeting corruption and bribery for its enterprise clients.

Auditing 40

Auditing Financial Systems Analyzing Data Entertainment 40

Planful

OCTOBER 19, 2021

CFO Dive recommends CFOs break down ESG-related financial communication and reporting into four KPI categories: “Investments in sustainability projects (both in terms of the total dollars spent as well as a percentage of overall corporate investments).”. Lead the Way on Corporate Governance Issues.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) CFO Auditing Communication 40

PYMNTS

AUGUST 3, 2017

“Our Red Flag research shows that a recent loss of momentum in the economy is putting increased financial pressure on U.K. Researchers at the firm deploy the company’s proprietary algorithm to measure corporate financial distress, factoring in legal and financial data from an array of sources, it explained.

Numbers 46

Numbers Construction Profit and Loss Credit Risk 46

PYMNTS

MAY 11, 2018

More recently, corporate T&E software firm Coupa found that the majority of chief financial officers lack full visibility into company spend. Without a full picture of financial data in context, executives cannot know where to look for a problem, let alone identify one, said Rinke.

Accounts Payable 40

Accounts Payable Treasury SAP Forecasting 40

Planful

SEPTEMBER 13, 2016

We provide career development resources and unbiased content and established and administer the Certified Treasury Professional and Certified Corporate FP&A Professional credentials, which set standards of excellence in finance.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Education Benchmarking 40