The Finance Weekly

FEBRUARY 22, 2025

Primarily built for large enterprises and growing mid-sized businesses, the platform supports finance teams in budgeting, forecasting, workforce planning, and financial close processes. Budgeting & Forecasting - Automate budgeting processes and generate real-time financial forecasts based on live data. Who Its Meant For?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning General Ledger (GL) Forecasting 52

PYMNTS

MARCH 10, 2020

SMBs can also review transactions to measure how finances are doing. This is even more imperative when it concerns their multi-currency financial reporting as there is no room for errors.”. “An SMBs can now link cross-border dealings in Airwallex to Xero, enabling users to take a look at transactions every day.

Reconciliations 52

Reconciliations Foreign Exchange Currencies Accounting 52

Future CFO

APRIL 18, 2022

Finance organizations regularly face the challenges of meeting strict deadlines and satisfying data quality requirements for closing the books and delivering accurate financial statements. IBM Cognos Controller supports the close, consolidation and reporting process with the agility and affordability of a cloud-based solution.

Finance 52

Finance IFRS GAAP Accounting Principles 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

Future CFO

AUGUST 1, 2023

FutureCFO spoke to Deka to dig deeper into the topic: Which features/capabilities in financial applications are most in demand by mid-size enterprises? However, the demand for features/capabilities of financial applications can differ based on their company size, maturity, and business needs and goals.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

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. The ERP’s Role in a FinTech World.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

CFO Talks

SEPTEMBER 5, 2024

It’s essential to engage with various stakeholders—including finance teams, auditors, and even IT professionals—to identify the specific needs that your system must address. A user-friendly interface can significantly reduce the learning curve and increase the system’s adoption rate among your finance team.

IFRS 98

IFRS GAAP Compliance Reconciliations 98

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.

General Ledger 105

General Ledger CFO Accounts Payable Financial Data 105

PYMNTS

DECEMBER 16, 2016

A key part of business life is getting the books closed on time, with clean financial reporting that allows a high-level and granular view of what needs to be done next. And yet, it remains key to have access to, and reconciliation of, data that ranges from sales to travel expenses.

IFRS 74

IFRS Reconciliations GAAP Accounting Standards 74

The Charity CFO

MARCH 2, 2022

99% of nonprofit founders we work with don’t have a background in finance. This week on A Modern Nonprofit Podcast we discuss common red flags you can check today to verify your organization’s financial health. They do not come from a finance background and their fear is always what they say to me.

Nonprofit 98

Nonprofit Auditing Reconciliations Accounting 98

The Charity CFO

MARCH 6, 2024

Red Flag #1: Bank Account Reconciliation Whether the business is accrual or cash basis, it does not matter. Reconciliation is necessary and the bare minimum for successful completion of the accounting role. Once these have been transferred into the accounting system, QuickBooks for example, reconciliation is the next step.

Nonprofit 59

Nonprofit Accounting Reconciliations Invoicing 59

The Charity CFO

APRIL 29, 2022

That means keeping your paperwork organized, staying current on your reconciliations, tracking restricted funds , and accurately recording all your expense and revenue transactions each month. Examine all bank reconciliations for outstanding transactions which could be erroneous. Step 2: The nonprofit audit checklist.

Nonprofit 105

Nonprofit Auditing General Ledger Reconciliations 105

CFO Talks

OCTOBER 3, 2024

Regular Reconciliations : Perform surprise cash counts and inventory checks and reconcile sales and deposit records frequently. This type of fraud often aims to meet financial targets or secure financing under false pretenses. Investigate any discrepancies promptly.

Invoicing 98

Invoicing Auditing Benchmarking Reconciliations 98

Bramasol

MAY 13, 2024

Its primary role is to oversee and regulate the auditing of public companies to protect investors' interests and ensure the integrity of financial reporting. Standard-Setting: It plays a role in setting and updating auditing standards to enhance the quality of audits and financial reporting. Why Should You Care?

Auditing 84

Auditing Compliance SAP Accounting Standards 84

CFO Simplified

NOVEMBER 28, 2022

The President of CFO Simplified, Larry Chester , shares the importance of inventory value reports with us. . What is the Inventory Value Report? An inventory value report is a financial report that lists the value of a company’s inventory at a specific point in time.

General Ledger 98

General Ledger Accounts Payable CFO Reconciliations 98

Future CFO

MARCH 27, 2025

As regulatory shifts come forth for organisations, the Finance department finds its way juggling priorities to deliver value for the company the best way possible. According to him, CFOs increasingly rely on these tools to provide up-to-the-minute financial insights, helping executives make faster, data-driven decisions.

Compliance 52

Compliance Financial Planning and Analysis (FP&A) Forecasting Financial Analysis 52

Spreadym

JULY 10, 2023

Here are the typical steps involved in the financial close process: Pre-Close Activities: This phase involves preliminary activities to prepare for the close process, such as reviewing account reconciliations, ensuring the completeness of transactions, and resolving any outstanding issues or discrepancies.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

https://trustedcfosolutions.com/feed/

FEBRUARY 11, 2023

Having the right strategies in place helps open up new opportunities while preventing major roadblocks in your financial reporting. Continue reading to learn about our tips for achieving a faster, more accurate close, and how Sage Intacct grants finance teams the freedom to focus on higher-value initiatives.

Accounts Payable 62

Accounts Payable Reconciliations Leverage CFO 62

Planful

JANUARY 11, 2022

To get you started, here are 5 ways you can use AI to transform finance and 5 ways AI can speed your move away from yesterday’s technology for a total of 10 tips you can put to work today. If AI or AI in Finance is a new concept for you, here are some other important terms to know: Artificial intelligence (AI): . Essential Terms.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40

Bramasol

JULY 26, 2024

Some of the key challenges include: Complexity and Volume of Data : Handling large volumes of financial data spread across multiple systems increases the complexity of consolidation and reconciliation. Manual Processes: Reliance on manual data entry and spreadsheet-based reconciliations can be time-consuming and error-prone.

SAP 80

SAP IFRS GAAP Compliance 80

PYMNTS

JUNE 8, 2020

In an effort to help organizations optimize their accounting and finance procedures, Capgemini has joined forces with BlackLine Inc. BlackLine’s technologies, which are based on the cloud, change F&A by automating, simplifying and centralizing intercompany accounting processes, financial close work and other essential procedures.

Reconciliations 54

Reconciliations Accounting Finance Technology 54

CFO Plans

SEPTEMBER 24, 2024

Did you know that businesses can reduce their financial management costs by up to 40% with the right accounting solutions? In today’s fast-paced business environment, managing your finances efficiently is paramount to success. With real-time financial reporting, businesses can now get instant insights into their financial health.

Accounting 52

Accounting CFO Compliance Financial Reporting 52

CFO Plans

SEPTEMBER 24, 2024

In today’s dynamic business environment, small businesses face a myriad of financial challenges. The need for strategic financial planning and real-time financial reporting has never been more critical. These services encompass everything from bookkeeping and payroll to tax preparation and financial analysis.

CFO 52

CFO Startups Tax Planning Accounting 52

The Charity CFO

JANUARY 19, 2023

There are ongoing efforts to establish International Financial Reporting Standards (IFRS) for nonprofits, which, if successful, could result in greater consistency and comparability of financial information across countries. Do You Struggle to Make Sense of Your Financial Statements? Get the free guide!

Accounting Standards 52

Accounting Standards Nonprofit Accounting GAAP 52

The Charity CFO

OCTOBER 9, 2024

For nonprofits, GAAP ensures transparency, accuracy, and consistency in financial statements. Accurate and transparent financial data makes it easier for stakeholders and regulators to understand an organization’s financial health. Use data exports and reports to bridge the gap between the two systems. Get the free guide!

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

PYMNTS

MAY 26, 2016

In an announcement on Wednesday (May 25), Tipalti revealed the rollout of an expanded AP platform that introduces new features for users, including invoice management, supplier onboarding, payment and reconciliation services. The new AP platform uses that information to provide real-time payment and financial reporting.

Accounts Payable 41

Accounts Payable Invoicing Reconciliations Compliance 41

The Charity CFO

JULY 19, 2024

But did you know there are a variety of financial professionals that are essential to the financial well-being of an organization? Bookkeepers, accountants, and Chief Financial Officers (CFOs) all serve critical roles in managing an organization’s finances. Do You Struggle to Make Sense of Your Financial Statements?

CFO 52

CFO Accounting Nonprofit General Ledger 52

The Finance Weekly

OCTOBER 13, 2021

To alleviate this concern, finance teams should employ scenario modeling and financial planning tools to compare the immediate expense of the move to the long-term income potential. Assign owners to each business process in IT, finance, operations, and other areas to ensure that everyone is working toward the same goal.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Economics Risk Management Reconciliations 52

The Finance Weekly

JANUARY 22, 2024

CFOs need strong finance and accounting skills, along with years of experience, to find ways to enhance the organization's financial well-being. The CFO may work with the finance and accounting team to predict the effects of different operational decisions. Resolve accounting and finance problems.

CFO 52

CFO Education Communication Risk Management 52

Future CFO

NOVEMBER 27, 2023

The Financial Reporting Council (FRC) calls for IFRS 17 disclosures improvements in its recently published IFRS 17 'Insurance Contracts' thematic review.

IFRS 52

IFRS Accounting Standards Performance Measuring Reconciliations 52

CFO Simplified

JANUARY 5, 2024

Because of the compliance implications, reconciliation and oversight of these accounts is even more important than comparable oversight of the firm’s bank accounts. Bank Reconciliation and Oversight: Regularly reconcile bank statements with internal financial records to identify any discrepancies promptly.

Auditing 52

Auditing Reconciliations Compliance Securities 52

CFO Simplified

APRIL 8, 2022

Many entrepreneurs have one person they trust implicitly with their business operations, finances, and administrative activities. Bank reconciliations should be reviewed by management. Financial Reporting. He proudly gave me a monthly report, to show how much information he was getting.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Reconciliations Forecasting 52

CFO Thought Leader

OCTOBER 6, 2024

Or so Partin tells us as he recounts the circumstances surrounding the first of five CFO appointments that have thus far punctuated his finance leadership career. “I ” We help finance pros big and small to deal with this. During the past 4 or 5 years, there has been this big accounting shift in relation to the office of the CFO.

CFO 52

CFO Leadership Tax Planning Problem Solving 52

Planful

JULY 27, 2016

The next logical step is to replace the spreadsheet-based process with purpose-built enterprise performance management (EPM) applications designed to streamline budgeting, planning, and financial reporting. Managing Budgeting, Planning and Financial Reporting in the Cloud. Improve audit trails, reduce audit costs.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Value-Added Analysis Budgeting 40

The Finance Weekly

APRIL 27, 2022

Finance leaders and their teams are known for their integrity and trust. Finance leaders can and should take a leadership role cultivating their company’s ethical competencies and addressing its unique challenges. Ethical Orientation. Tackling the Issue of Ethics. Doing so as a CFO requires the following actions: 1.

Leadership 52

Leadership Financial Planning and Analysis (FP&A) Communication Reconciliations 52

Finvisage

DECEMBER 31, 2019

Patisserie Valerie says finance chief arrested. The owner of Patisserie Valerie has said its finance director Chris Marsh was arrested last night and then released on bail. Accountancy firm PwC is reported to have been hired by the company to look at its accounts, which are audited by Grant Thornton.

Reconciliations 52

Reconciliations Accounting Financial Analysis Construction 52

CFO Talks

MARCH 20, 2024

Both the CFO and Controller deal with the company’s finances, but they focus on different things. Think of a Controller as the head of getting day-to-day money matters right, like making sure every penny is accounted for and reports are spot-on. What’s Different? Trying to do both jobs.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52