Future CFO

OCTOBER 2, 2024

Implementation across functions At the forefront of AI adoption, ACCA says data analysis and reporting emerges as the clear leader. In the audit space, AI offers enhanced capabilities for data analysis – enabling auditors to process information and identify outliers or anomalies more efficiently.

Accounting 52

Accounting Data Analysis Accounts Payable Auditing 52

PYMNTS

SEPTEMBER 27, 2019

Data: 1,800: Number of Chipotle locations testing AI voice ordering. 21: Number of basis points by which Yapstone has seen fraud decline due to data analysis. 9: Average cost for a business to process an invoice. 18 months: Window of time in which AI-based fraud-fighting solutions pushed into the mainstream. $9:

Data Analysis 59

Data Analysis Invoicing Numbers Securities 59

PYMNTS

JANUARY 2, 2020

The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products to change the industry in new ways, according to a report by Bloomberg Tax. “Many of the routine jobs will go as areas such as invoice processing are automated.

Data Analysis 71

Data Analysis Accounting Standards Auditing Invoicing 71

Centage

JULY 19, 2022

Without accurate financial information, companies may be at a loss when it comes to the amount of cash they’re going to collect in the coming weeks and months and therefore make false assumptions about write offs, invoices, and more.

Financial Planning and Analysis (FP&A) 111

Financial Planning and Analysis (FP&A) Budgeting Forecasting Data Analysis 111

Future CFO

OCTOBER 21, 2021

85% - Accounts payable automation 84% - Transaction processing 83% - Bank statement processing 83% - Document security management 82% - Invoice processing automation 78% - Onboarding 78% - Other 77% - Digital mailroom automation 77% - Claims processing . appeared first on FutureCFO.

Accounts Payable 59

Accounts Payable Data Analysis Invoicing Compliance 59

PYMNTS

JUNE 12, 2017

Invoice financing company Waddle says its integration with Xero is saving business owners major time. Waddle cited data from Xero, which found a fifth of invoices payable by ASX 200 companies are overdue by more than 30 days, meaning major cash constraints on small businesses. million invoices within its platform are overdue.

Invoicing 43

Invoicing Reconciliations Data Analysis Finance 43

Future CFO

JANUARY 26, 2024

Systems powered by artificial intelligence are without a doubt revolutionising invoice processing in finance departments. 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.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Accounting Invoicing 52

Centage

MARCH 30, 2022

You can even send invoices with a prominently displayed button inviting them to “Pay Now.” With Planning Maestro , Centage offers the sophisticated features needed by small and mid-market organizations to integrate budgeting , forecasting , and deep data analysis within one easy-to-use, scalable SaaS solution.

Cash Flow Forecasting 98

Cash Flow Forecasting Forecasting Data Analysis Planning 98

CFO Leadership

OCTOBER 10, 2023

This business process automation technology can recognize, interpret, and classify business documents, storing their contents as data. For instance, accounts receivable and payable automation systems will use RPA to digitalize and classify paper and digital invoices. RPA is not AI.

Problem Solving 98

Problem Solving Leadership Finance CFO 98

Future CFO

OCTOBER 24, 2023

Incorporating generative AI into corporate tax departments involve tax research, tax return filing, real-time data analysis, and predictive analytics for planning.

Data Analysis 52

Data Analysis Compliance Invoicing Technology 52

Future CFO

APRIL 27, 2023

Stripe said that the revenue and finance automation suite includes Billing and Stripe Invoicing for acquiring customers and earning revenue; Stripe Tax, Revenue Recognition, and (as of today) Revenue Reporting for collecting sales tax, reporting revenue, and closing the books; and Stripe Data Pipeline and Stripe Sigma for data analysis.

Finance 52

Finance Reconciliations Invoicing Data Analysis 52

Global Finance

SEPTEMBER 9, 2024

So that could either be that you’re doing cash flow forecasting to make sure, in the very short term, that you have enough liquidity to pay all your salaries and invoices and to make sure everything is clear. Real-time data processing allows for more agile responses to market changes and internal financial shifts,” says Blake.

Treasury 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

Centage

APRIL 19, 2022

Forecast your cash flow: Cash comes into your business when customers pay for purchases or when clients pay their invoices. It flows out of your business when you pay bills and invoices. Its features let you integrate budgeting, deep data analysis, and forecasting into a single, scalable Software as a Service (SaaS).

Budgeting 98

Budgeting Profit and Loss Forecasting Sales 98

Future CFO

DECEMBER 17, 2023

For the upcoming year, AI is the connecting thread among SAP Concur executives’ predictions, the firm said, adding that AI is changing how all business is conducted, and travel, expense, and invoice (TEI) management is no exception. The 2024 predictions for finance from SAP Concur executive are as follows.

SAP 52

SAP Finance Budgeting Data Analysis 52

PYMNTS

DECEMBER 17, 2019

Thanks to better data analysis — including via machine learning and artificial intelligence, among other emerging technologies — personalization is becoming a bigger part of the overall consumer experience. That trend promises to get even bigger in 2020.

B2B 54

B2B B2C SAP eCommerce 54

PYMNTS

DECEMBER 17, 2019

Thanks to better data analysis — including via machine learning and artificial intelligence, among other emerging technologies — personalization is becoming a bigger part of the overall consumer experience. That trend promises to get even bigger in 2020.

B2B 53

B2B B2C SAP eCommerce 53

PYMNTS

JUNE 15, 2018

The simulation technology enables the automated recognition of a significant event in quantitative analysis, enabling entities to simulate more complex scenarios. In its announcement, Barclays explained that agent-based modeling differs from regression-based models, which rely on historical behavior data analysis. “By

Quantitative Analysis 40

Quantitative Analysis Data Analysis Invoicing Risk Management 40

The Finance Weekly

APRIL 28, 2024

Also, the subscription service comes with cool features such as follows: Keeping tabs on inventory Sorting out your books Sending out invoices smoothly Managing payroll Dishing out financial reports Linking up with other apps for a seamless workflow Plus, you can share access with different permissions for your team.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Invoicing Budgeting Finance 52

PYMNTS

MARCH 13, 2019

In the PYMNTS interview, Messer took Webster on a deep dive into a growing area of early 21 st century billing practices — one that increasingly relies on mobile technology, data analysis and other areas to provide cost-saving options for companies at risk of leaking too much revenue from inefficient billing practices.

B2C 62

B2C B2B Data Analysis Technology 62

PYMNTS

DECEMBER 14, 2018

This week’s B2B venture capital roundup includes a slew of companies experimenting with enterprise data use cases. They include Internet of Things (IoT)-connected manufacturing machines, cross-platform financial data analysis, predictive analytics for inventory management and more. In all, more than $87.8

B2B 51

B2B Startups Treasury Financial Data 51

PYMNTS

SEPTEMBER 12, 2018

There is no shortage of FinTech firms that have emerged since the 2008 financial crisis aiming to facilitate access to small business capital, many of which target supplier and invoice financing specifically. As the industry grows, access to small business financial data is a critical component of risk mitigation and underwriting practices.

Finance 40

Finance Accounts Payable Invoicing Reconciliations 40

CFO Leadership

APRIL 2, 2024

Implementing software can help shift time allocation for accountants by automating time-consuming and routine tasks including data entry and financial statement preparation. With the right technology in place, companies can lessen the accounting staffing needed, without sacrificing accuracy or compliance.

Accounting 52

Accounting Accounts Payable Compliance Budgeting 52

The Finance Weekly

JANUARY 21, 2024

In this case, you will find that not all Excel-based data analysis software tools will be compatible. Even more frustrating, it may be compatible with some of your software systems, but not all, resulting in more inefficiency you were aiming to reduce by using data analysis software in the first place.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 40

PYMNTS

MARCH 30, 2018

The company, based in New York, provides an accounts payable and cost management solution for members of the hospitality sector, with its solutions leveraging machine learning technology to analyze invoice data for smarter purchasing and supplier management decisions. Employment Hero.

Startups 46

Startups B2B Mergers and Acquisitions (M&A) Accounts Payable 46

Future CFO

JANUARY 21, 2021

Equally important is supply chain financing, which touches on the topics of invoice and reverse factoring. Intraco’s Yeo added that having data in real-time matters in the current market. When Kyriba’s Kim queried, what was preventing real-time data analysis, the participant’s overwhelming answer was using Excel spreadsheets.

Treasury 52

Treasury Foreign Exchange Currencies CFO 52

The Finance Weekly

JULY 31, 2023

The similarity of invoices and processes across various companies allowed providers to develop algorithms that self-trained on invoices, showcasing the power of training in RPA. He also stresses the importance of , soft skills and human interaction , along with the ability to effectively leverage data to create value.

Corporate Finance 52

Corporate Finance Finance Leverage Accounts Payable 52

Boston Startup CFO

FEBRUARY 1, 2023

Improving your billing and collections : A CFO can help you review your billing and collections process and suggest ways to improve it, such as by implementing systems to track invoices and follow up on overdue payments. This can help you to be more productive and effective as a business owner, and to better utilize your time and resources.

CFO 40

CFO Startups Cash Flow Forecasting Budgeting 40

Global Finance

SEPTEMBER 5, 2024

Innovations in mobile banking, online and app-based payment, invoice management, and online currency exchange are some of the products that have arisen from the lab. It generates “new insights using Moody’s extensive research, data, and analytics. Over its six years of operation, the lab has nurtured more than 60 startups.

Startups 52

Startups Banking Finance Technology 52