Future CFO

AUGUST 21, 2023

Gartner says to build an AI-driven finance organisation for the future will require a combination of technical and business skills that many finance teams do not have today. Mark D McDonald He adds that leading finance teams will learn to position AI-driven tools and solutions as co-workers that help them do their jobs better.

Finance 98

Finance Compliance Data Analysis Leverage 98

CFO Talks

OCTOBER 23, 2024

Accountability in Finance Teams, Methods and Benefits Accountability is a big deal in any business, but for finance teams, it’s especially important. Benefits of Accountability in Finance Teams Improved Accuracy When each person is accountable for their tasks, the risk of errors decreases. And the benefits?

Accounting 98

Accounting Finance CFO Invoicing 98

Future CFO

NOVEMBER 17, 2022

When it comes to cashflow visibility, under 4% of the 1,483 business leaders and finance and accounting executives from different countries report complete confidence, said Blackline recently. According to survey results, C-suite and finance and accounting respondents see that the three biggest challenges facing them in the coming year are:

Finance 96

Finance Financial Data Economics Budgeting 96

Future CFO

FEBRUARY 4, 2024

Editor’s note: GenAI adoption is touted to bring benefits to enterprises and their finance functions. IDC forecasts that the APAC GenAI market will grow by 85% CAGR from 2022 to 2027, with the financial services industry as one of the leading adopters.

Finance 98

Finance CFO Risk Management Leadership 98

Future CFO

DECEMBER 31, 2021

What does this mean to the finance and accounting team of 2022? According to Gartner , finance leaders anticipate a greater percentage of their time will be spent in improving flexibility of budgeting & forecasting (58%), closely followed by developing digital skills (56%) and redefining employee value proposition in hybrid environments.

Leadership 98

Leadership Finance GAAP Forecasting 98

The Finance Weekly

JANUARY 5, 2025

Finance Artificial Intelligence (A)I chatbots are reshaping how businesses handle customer interactions and streamline financial operations. What Are Finance AI Chatbots? At their core, finance AI chatbots are virtual assistants designed to automate financial tasks and provide customers with personalized, real-time support.

Finance 52

Finance Budgeting Financial Data Forecasting 52

Future CFO

APRIL 12, 2023

Delivering products even Accenture's The Cloud First CFO Study – 2022 edition reveals that in a survey of 740 finance leaders across 15 industries and 11 countries, 39% say the CFO now leads the cloud journey for the whole enterprise. The delivery covers 98% area of Indonesia and 41 international countries to date.

Finance 98

Finance Benchmarking CFO Data Analysis 98

The Finance Weekly

DECEMBER 22, 2022

As the outlook for the 2023 economy becomes more uncertain, finance professionals are looking to invest in technology that increases organizational efficiency and contributes to strategic decision-making. There is actually a big disconnect between what people expect from AI and finance, and the actual practical solutions,” said Born. “In

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Prioritization 98

Future CFO

APRIL 3, 2023

While companies have been transforming their finance models over the last decade, Covid accelerated this process. With this shift to the cloud, companies have more data than ever at their fingertips – data ready to be analysed and potentially turned into valuable business insights.

Finance 96

Finance Forecasting CFO Leverage 96

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. CFOs must accelerate their finance transformation journey towards autonomous finance or risk falling behind.

Finance 91

Finance Benchmarking Compliance SAP 91

Cube Software

MAY 20, 2024

Why spring cleaning is essential to finance Spring cleaning your financial data is more than a routine check—it's a critical practice that ensures healthy, efficient finance operations.

Financial Data 52

Financial Data Finance Forecasting Budgeting 52

PYMNTS

OCTOBER 1, 2020

As banks look to streamline access to finance or make it easier to safely share financial information with apps, Barclays Business Banking and Wells Fargo are joining forces with FinTechs on digital initiatives. PYMNTS rounds up the latest partnerships and initiatives below. Barclays & Propel. Wells Fargo & Envestnet.

Finance 91

Finance Banking Foreign Exchange Invoicing 91

Future CFO

SEPTEMBER 21, 2023

At the FutureCFO conferences in Manila, Jakarta and Kuala Lumpur, at least half (perhaps more) of the finance professionals attending the local conferences raised their hands when asked who were using spreadsheets. The complexity of data management grows in tandem with a company's size.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Planning Technology 98

Future CFO

FEBRUARY 22, 2024

The financial landscape is evolving at breakneck speed, driven by big data, globalisation, and digitisation. The pressure on finance leaders to deliver strategic insights and ensure compliance is mounting in this dynamic environment. The increased workload can hobble finance team productivity and limit their scope of analysis.

Financial Planning and Analysis (FP&A) 97

Financial Planning and Analysis (FP&A) Finance Compliance SAP 97

The Finance Weekly

OCTOBER 21, 2021

Finance leaders have traditionally concentrated on cost reduction as the key motivating factor for operational changes. With the broader acceptance of hybrid work, it’s likely that other modes of delivery, including contractors, freelancers, and gig workers, could fill the gaps of many finance teams. Embracing Remote Work.

Corporate Finance 97

Corporate Finance Finance Concentration CFO 97

CFO Leadership

OCTOBER 10, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals.

Accounting 95

Accounting Finance Auditing IFRS 95

Future CFO

DECEMBER 8, 2022

Digital transformation has elevated the role of the finance function from financial steward to enabled. The extended COVID-19 pandemic has upped the ante in the race to finance agility. Source: Financial Accounting Advisory Services (FAAS) | 7th Global Corporate Reporting Survey | February 2021, EY. Best practices.

Finance 98

Finance CFO Forecasting Leadership 98

The Finance Weekly

NOVEMBER 8, 2022

A finance software stack is a list of top solutions that will produce the best results for finance teams. Finance is responsible for a large number of critical operations in a business. Here are the 7 best finance software solutions broken down into different categories: 1) Accounting. Low implementation times.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98

Future CFO

MAY 15, 2024

Nikhil Parambath Bringing order to chaos One of the challenges facing finance professionals trying to tame the data deluge that comes with ESG reporting is integrating financial with non-financial information into reports. The post Modernising finance reporting in support of ESG appeared first on FutureCFO.

Finance 98

Finance Auditing Compliance Leverage 98

CFO Talks

JANUARY 8, 2025

How to Prepare Your Finance Team for Growth One of your most important roles is to nurture and develop your finance team. Preparing your finance team for growth is not just about giving them new tasks; its about equipping them with the skills, mindset, and tools to thrive in a changing world.

Finance 52

Finance Budgeting Problem Solving Accounts Payable 52

PYMNTS

DECEMBER 29, 2020

Consumer Bank Chief Digital Officer Mike Naggar said the FI aims to provide customers "a choice, convenience and control of their financial data. Finantier Joins Y Combinator With Open Finance Model. WEX Talks Bank Partnerships To Advance B2B Payments.

Cash Flow Forecasting 123

Cash Flow Forecasting B2B Startups Financial Data 123

CFO Talks

SEPTEMBER 13, 2024

In this role, I introduced a risk-based auditing approach and later became the bank’s financial manager. After a year in that position, I received a scholarship to pursue an MSc in Investment Management and Risk Finance at the University of Westminster in the UK. Nicolaas van Wyk: What an impressive career path!

Finance 97

Finance Auditing CFO Leadership 97

PYMNTS

JANUARY 26, 2021

to bring its blockchain-powered corporate trade financing technology into the entity. The partnership, which will see the bank adopting its B2B payments platform to finance trade of its corporate customers.

Banking 142

Banking Reconciliations Financial Data B2B 142

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

Future CFO

FEBRUARY 1, 2024

Among the things finance leaders must focus on for the new year is undoubtedly the rising interest and trend on sustainability. Ethical dilemmas For Hasenoehrl, trustworthy, transparent, auditable, and ethical use of data is fundamental to successful reporting, both in financial and sustainability reporting.

Finance 52

Finance SAP Auditing IFRS 52

Future CFO

MAY 6, 2024

The Association of Chartered Certified Accountants (ACCA) identified the importance of knowing how to navigate the sustainability agenda among finance professionals in the road to creating a positive impact in tackling various issues. The post Working through the sustainability agenda in finance appeared first on FutureCFO.

Finance 52

Finance Accounting Financial Data Planning 52

The Charity CFO

JULY 29, 2024

The effectiveness of a nonprofit’s finance committee can be a major factor in an organization’s success. An effective, engaged committee helps the organization proactively and effectively manage its finances to advance its mission. Are you worried your finance committee isn’t as effective as it should be?

Finance 52

Finance Nonprofit Communication Budgeting 52

Future CFO

MAY 23, 2024

Information services company Wolters Kluwer launched its AI-powered CCH® Tagetik Intelligent Platform , designed to digitally transform the efficiency, accuracy, and strategic ability of the office of the chief financial officer. The post Wolters Kluwer launches AI-powered platform for Finance appeared first on FutureCFO.

Finance 52

Finance Reconciliations Forecasting Financial Data 52

The Finance Weekly

APRIL 13, 2024

Every modern enterprise, regardless of size, requires finance software to manage various aspects of its financial health. This includes tracking past financial activities, ensuring compliance and reporting, as well as forecasting future financial scenarios for better budgeting.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

NOVEMBER 20, 2023

AI is , transforming the finance sector, especially in financial planning and analysis (FP&A). AI integration in their FP&A function brings various positive outcomes: AI algorithms boost efficiency by swiftly handling large amounts of financial data, reducing the , risk of errors , and enhancing data integrity.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Cash Flow Forecasting Forecasting 52

Future CFO

MARCH 10, 2024

Editor’s note: Automation can work wonders but it can also create challenges for the finance function. Sarita Singh, Regional Head & Managing Director, Southeast Asia, India, Greater China, Stripe FutureCFO: What are the major challenges facing CFOs and the finance function in 2024 in terms of automation? a decade earlier.

Finance 52

Finance Invoicing Technology Cost Management 52

Fpanda Club

SEPTEMBER 2, 2021

The growing variety and complexity of tasks within the finance function has resulted in the creation of a discipline that is supposed to become a bridge between the finance and business to support decision-making process by leveraging data and technology. This relates to FP&A which stands for financial planning and analysis.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Forecasting 130

PYMNTS

JANUARY 6, 2021

As it stands, 90 out of 100 people looking for a loan are likely to get rejected, Niparts said, because the banks lack the financial data needed to calculate the risk and were using very outdated methods trying to obtain it. Jeff is positioned as your new best friend to find the best financing offers,” he said.

Analyzing Data 129

Analyzing Data Financial Data Banking Finance 129

CFO Share

JUNE 18, 2024

As your business grows and success becomes more tangible, the complexities of managing your finances increase as well. Whether you’re working with a bookkeeper or virtual bookkeeping services , adopting advanced techniques can significantly improve your financial management. Operations – validates inventory records.

General Ledger 105

General Ledger CFO Accounts Payable Financial Data 105

CFO Talks

AUGUST 15, 2024

Futuristic Finance: Strategic Thinking for Tomorrow’s CFO In an era where rapid technological advancements and global economic shifts are the norm, Chief Financial Officers (CFOs) are not just financial stewards but strategic visionaries. This frees up time for the finance team to focus on more strategic tasks.

CFO 52

CFO Finance Problem Solving Budgeting 52

PYMNTS

DECEMBER 14, 2020

In a recent conversation with PYMNTS, Payference Founder and CEO Prashant Kumar said these conflicting B2B payment strategies aren't the only cash flow challenge finance leaders face today. Most of the companies I talk to in the middle market will use one of the big ERPs and invariably pull the data into Excel. Many Moving Parts.

Accounts Payable 123

Accounts Payable Cash Flow Forecasting Invoicing Prioritization 123

Global Finance

DECEMBER 27, 2024

Deirdre Ryan, global finance transformation leader at EY, says many EY clients have tested these technologies and developed proofs of concept, often in finance, marketing, and product development. Its critical that finance executives get their hands dirty and understand these capabilities, she argues.

Technology 108

Technology Finance Leverage Investments 108