PYMNTS

MAY 31, 2020

After Alabama reopened on May 1, the state has seen coronavirus cases surge by 300 percent month over month, with intensive care units (ICUs) at less than 4 percent capacity remaining and medical workers “exhausted physically and mentally,” Montgomery Mayor Steven Reed said on CNBC. Reed said his region has “improved marginally,” but that it is “not enough to get us out of this crisis moment.” “We can manage it, but we can’t sustain the trend that

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Future CFO

JUNE 4, 2020

If you happen to read the Asia Pacific M&A Review 2020 by Herbert Smith Freehills you will easily conclude that the report while earmarked 2020 was written much earlier as there was no mention of any major macroeconomic disruption other than the percolating US-China Trade war. In contrast PwC noted that 1Q2020 saw many companies across Asia-Pacific (APAC) “pulling back from M&A activities, putting them on hold until the impact of the Coronavirus (COVID-19) outbreak becomes more certain.”

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Problem Solving Securities Investments 52

BlueLight

JUNE 5, 2020

In the last article we wrote about structuring investor updates and how important these are in an unprecedented situation like COVID-19. Some startups are thriving in this situation and some startups are fighting for survival. Either way, the business environment is changing rapidly and this typically means startup founders and their boards are communicating much more frequently than in a “business as usual” situation.

Startups 52

Startups Technology Investments Finance 52

Jedox Finance

JUNE 4, 2020

We are pleased to welcome one of our valued Jedox Partners in the USA as a guest to the Jedox Blog. Headquartered in North Carolina, FutureView Systems shares their unique insight on the benefits of integrated continuous planning.

Planning 52

Planning Leadership 52

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

Investments

PYMNTS

JUNE 2, 2020

Plutus , a British FinTech startup, is providing rewards via its credit card to customers who buy from the eCommerce store of Nike , Cointelegraph reported. The rewards are made with Pluton, the native digital currency of the company. Users can receive additional rewards by staking their digital tokens through the company’s app. Users have to utilize the Plutus Visa card as they shop through the web to get the benefit.

Currencies 113

Currencies eCommerce Startups Economics 113

Adam Kae

JUNE 4, 2020

Like many other industries, it seems like business consulting is quickly becoming saturated. While there are many brilliant minds behind many of these companies, there are also many who simply don’t have the experience and expertise to drive your company to success. Consulting is a $260 billion industry where 7.5% of the market is financial advising (like us!

Healthcare 52

Healthcare CFO Management Consulting Leverage 52

Jedox Finance

JUNE 2, 2020

Jedox 2020.2 version brings new capabilities for Jedox administrators to simplify user management, and task scheduling. New design tools enable customization of Jedox login pages to match corporate identity.

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PYMNTS

JUNE 2, 2020

Real gross domestic product ( GDP ) is projected to plummet 52.8 percent in the second quarter, according to the Federal Reserve Bank of Atlanta’s GDPNow as of Monday (June 1). The model, which offers a “nowcast” of the official estimate before its release, had forecast a 51.2 percent drop on May 29, according to an announcement. The nowcasts of real personal consumption expenditures growth for Q2 fell from a 56.5 percent drop to a 58.1 percent drop, and real gross private domestic investm

Forecasting 110

Forecasting Budgeting Economics Investments 110

Future CFO

JUNE 4, 2020

With many firms instituting remote work and typical finance management systems being disrupted, it is more crucial than ever to see and proactively manage employee spend. Accessing FutureCFO Premium Content. Welcome! To access Premium content and more, please login below. Not a Premium member yet? Register now for a free account! Username or Email. Password.

Cash Management 52

Cash Management SAP Treasury Finance 52

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

Accounting

BlueLight

JUNE 2, 2020

Last month, I wrote an article about the FP&A function of the CFO suite ( link ). For this piece, I’ll dive into a tactical analysis that is important to every CEO and CFO, the budget vs actual variance analysis. Source: Vena Solutions What is the Budget vs Actual Variance Analysis It is a comparison of your company’s planned financial performance (budget) compared against the final financial results (actual) for a given time period.

Budgeting 52

Budgeting Financial Planning and Analysis (FP&A) Forecasting CFO 52

Jedox Finance

MAY 31, 2020

A riddle is by definition a confusing or difficult problem or question. But ask a sales executive for an example of one rather than a definition, and it’s very likely that they will bring up the sales planning process. The importance of sales planning is not in question. Regardless of the industry sales executives are [.

Sales 52

Sales Planning 52

PYMNTS

JUNE 3, 2020

Imagine if a North American company had the market share of Amazon, the payment flexibility of PayPal and the credit portfolio of Visa. In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It is one of the region’s fastest-growing companies, having just turned in a stellar first quarter in a region that has more complexities than any of its northern neighbors.

eCommerce 99

eCommerce Banking Sales Marketing 99

Future CFO

JUNE 2, 2020

Technology continues its rapidly evolution as it tries to match the pace of change in the business environment. With this evolution comes complexity and an increasingly competitive marketplace. The Gartner Magic Quadrant is positioned as the first step towards understanding the some of the technology providers for consideration when organisations are investing in a specific technology.

Technology 52

Technology Investments Marketing Accounting 52

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Accounting

CFA Institute

JUNE 2, 2020

What is the half-life of financial knowledge and how can professional investors win the race against it?

Risk Management 52

Risk Management Education Communication Leadership 52

PYMNTS

JUNE 2, 2020

Financial institutions (FIs), businesses and healthcare providers are adjusting their operations to suit the new reality that the COVID-19 pandemic has caused. Healthcare provideers, for example, are turning to telehealth solutions to service patients for routine appointments as to keep those individuals from entering hospitals or doctors’ offices and risking exposure.

Healthcare 82

Healthcare Startups Technology Economics 82

PYMNTS

JUNE 3, 2020

Isn’t it surprising to know that 70 percent of financial institutions are just now adopting cloud computing solutions? Or how about this fact: over 90 percent of the world’s top 100 banks still use physical mainframes running 20th century style. So, what’s holding up the upgrades? It’s that old devil, legacy, and a smidgen of caveat emptor on the part of upgrading banks.

Banking 82

Banking Economics Technology Planning 82

PYMNTS

JUNE 4, 2020

Daily life has been upended by the coronavirus. And where there is uncertainty there is fear. Fear of who’s got the dreaded virus and who may look completely asymptomatic — and who, unwittingly, may be putting countless other people at risk. Shane Bigelow , CEO of Vital Chain , which uses blockchain to help individuals download and control how healthcare data is used — including COVID-19 test certification — told PYMNTS in a recent interview that digital certificates can go a long way toward reo

Healthcare 76

Healthcare Auditing Manufacturing Retail 76

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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

Reconciliations

PYMNTS

JUNE 3, 2020

After some three months of keeping consumers at home, governments around the world are beginning to let people publicly mix again — albeit in a modified fashion that involves wearing masks, keeping socially distant and limiting crowded indoor locations. The big question is how to make sure infection rates and hospitalizations don’t skyrocket. As CEO Jon Prideaux of mobile payments and identity platform Boku noted in a recent conversation with Karen Webster, China, South Korea and Singapore are u

Transportation 76

Transportation Education Leverage Securities 76

PYMNTS

JUNE 3, 2020

The role of application programming interfaces (APIs) in banking and B2B payments has grown progressively larger over recent years, especially overseas. The United Kingdom has more than 200 providers developing APIs , for example, and these developers made 200 million requests for bank data via APIs just in January. These APIs are constantly threatened by fraud, however.

B2B 75

B2B Leverage Banking Securities 75

PYMNTS

JUNE 1, 2020

Western Union could be looking to acquire MoneyGram in a transaction that would unite two of the country’s largest money transfer services, according to Bloomberg. Western Union has made a takeover offer to MoneyGram, but nothing has been made official, Bloomberg reported, citing a source who asked not to be identified. MoneyGram has been struggling during the pandemic, with its physical locations having to close around the world as governments impose stay-at-home orders.

eCommerce 75

eCommerce Banking 75

PYMNTS

JUNE 3, 2020

While Lyft’s ride counts are rising from the worst parts of the pandemic, they’re still down 70 percent from a year ago, CNBC reported. Lyft’s ridership, affected as other such companies have been by the pandemic, was up 26 percent in May compared to April, a regulatory filing said. These numbers are among the first companies have offered as states have begun to reopen after the worst of the pandemic.

Nonprofit 72

Nonprofit Transportation Numbers Retail 72

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

Sales

PYMNTS

MAY 31, 2020

The coronavirus pandemic has many smaller property owners looking to unload their properties to save money, which could lead to big owners seeing a market ripe with purchasing opportunities, according to a CNBC report. The companies on the defensive right now also include venture capital-backed rental companies and vacation rental apps like Airbnb. The U.S. travel economy has taken a decisive $195 billion revenue shortfall since March when the pandemic began, according to CNBC, which cited a rep

Valuation 72

Valuation Communication Planning Marketing 72

PYMNTS

JUNE 3, 2020

As commerce shifts online in a pivot that is likely to remain permanent, the fraudsters are also shifting their targets — and methods. And as Rob Tharle , head of fraud strategy at NICE Actimize , told PYMNTS in a recent interview, financial institutions (FIs) and merchants need to adopt a multi-layered approach to combatting those bad actors. “There are a number of areas where the fraud threat has increased this year and where we have seen an increasing trend — and the current situation with CO

eCommerce 71

eCommerce Leverage Securities Numbers 71

PYMNTS

MAY 31, 2020

Mexican banking FinTech albo is now offering business banking services in addition to the individual services the company has provided previously, according to news site Contxto. The service, called albo empresas, or albo business, attempts to address the problem of businesses losing time by making payments. Through albo empresas, businesses can receive money, make transfers, disperse funds and keep track of their dealings through reports that show the financial health of the company.

Banking 70

Banking Investments Accounting B2B 70

PYMNTS

JUNE 5, 2020

Open banking provides opportunities such as upgraded customer convenience and customized financial solutions that can help consumers access bank account details, send payments, manage their budgets and more. Providing robust services via mobile channels is especially important now, as the COVID-19 pandemic has caused businesses to operate remotely and consumers to stay at home as much as possible.

Securities 69

Securities Banking Leverage Accounting 69

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

Marketing