CFO Talks

JANUARY 30, 2023

Increased automation of financial processes such as accounts payable, bank reconciliations, financial closes and reporting is freeing up the CFO’s time, enabling them to focus their energies on analysis and storytelling rather than crunching numbers.

Finance 52

Finance CFO Accounts Payable Forecasting 52

The Finance Weekly

SEPTEMBER 10, 2023

It's examined by management, investors, and lenders to understand the company's , finances and calculate important financial ratios. The cash flow statement reveals how money moves in and out of the company through its operations, investments, and financing. It covers a specific time, like a year or a quarter.

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Finance Financial Modeling Forecasting Concentration 52

The Finance Weekly

FEBRUARY 22, 2023

This includes raising capital, managing cash flow, accurately accounting for business activity, and forecasting future performance. However, they usually lack a strong financial background, and it's essential to have effective finance and accounting support for a business to thrive.

Startups 52

Startups Finance CFO Forecasting 52

Future CFO

APRIL 4, 2023

Finance Shared Services (FSS) is being looked upon as a strategy to deliver this much-needed transformation. The true benefit of an FSS does not come from the cost savings of the Finance team, which is typically small at around 1-3% of an organisation's revenue. The projected growth of the industry from US$1.8 trillion in 2022 to US$2.5

Finance 52

Finance Reconciliations Invoicing Budgeting 52

Future CFO

AUGUST 3, 2021

Hosted by FutureCFO and the Association of Financial Professionals, it saw senior heads of finance discuss the pandemic’s challenge to financial clarity and critical lessons learned that went beyond financial. For Shian Goh , the finance director at Teckwah Industrial Corporation Pte Ltd , it was time to clear out financial inefficiencies.

Finance 52

Finance Forecasting Financial Modeling Accounts Payable 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. It enables finance teams to automate and accelerate the financial close with minimal IT support. DOWNLOAD NOW.

Finance 52

Finance IFRS GAAP Accounting Principles 52

Future CFO

AUGUST 1, 2023

Supriya Deka: The general features of financial applications include accounting, reporting & analytics, bank reconciliation, billing & invoicing, asset management, budgeting & forecasting, financial risk management, expense tracking, and payroll management.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

Future CFO

NOVEMBER 5, 2019

While organizations are implementing the technology, finance functions need to know what AI can and can’t do for them to effectively allocate resources and manage their expectations before deployment. To make these tools more accurate in document recognition and data extraction, finance functions need to train them with many sample documents.

Finance 52

Finance Auditing Invoicing Reconciliations 52

Planful

JANUARY 11, 2022

Consistent with their 2018 forecast, McKinsey’s late 2020 study found that organizations that invested more in digital than their competitors were twice as likely to report outsize revenue growth. Now is the time for CFOs at organizations of all sizes to lean on AI to plan, budget, and forecast with greater accuracy, speed, and confidence.

Financial Planning and Analysis (FP&A) 40

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

Fpanda Club

APRIL 11, 2021

The current transformation of the finance function and FP&A processes may become the perfect time to move away from outdated beliefs and practices. It is common for all representatives of finance function to be accused of lacking emotions and FP&A analysts are no exception. Forecasts should be as accurate as possible.

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Financial Planning and Analysis (FP&A) Forecasting Budgeting Financial Modeling 130

PYMNTS

APRIL 9, 2019

While use of trade finance continues to climb, the International Chamber of Commerce ‘s Banking Commission has warned the financial services market that small and medium-sized business (SMB) access to trade finance is disproportionately low, as large financial institutions (FIs) pull back from the SMB borrower segment.

Finance 63

Finance Cash Flow Forecasting Reconciliations Treasury 63

The Finance Weekly

APRIL 5, 2022

However, one department seems to lag behind when it comes to communication procedures: the finance department. While individual departments are data experts in their own fields- and know exactly what they need in order to succeed- the finance team is what glues the entire picture together. Productive finance teams.

Financial Planning and Analysis (FP&A) 52

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

CFO Thought Leader

APRIL 30, 2024

Read More An important early chapter of Levine’s professional development was his tenure under Steve Vintz, who at the time was CFO of Vocus, where Levine served as a VP managing both accounting and finance. It was under Vintz’s mentorship that Levine came to appreciate the power of storytelling within financial leadership.

CFO 52

CFO Financial Planning and Analysis (FP&A) Auditing Leadership 52

CFO Share

MAY 22, 2024

Without clear financial statements, it’s challenging to understand your business’s financial health, forecast cash flows, and manage expenses effectively. Check the last reconciliation date for all cash and credit card accounts. Investors won’t have confidence in your business.

Profit and Loss 105

Profit and Loss General Ledger Accounting Financial Reporting 105

Simply Treasury

JUNE 3, 2021

Major priorities over the next one to two years: We are not surprised that Cash-Flow Forecasting comes out on top when the COVID crisis has been hitting us for the past year. The uncertainties surrounding the economy explain the difficulty in producing reliable and accurate forecasts. François Masquelier, Vice Chairman EACT.

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Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

Jedox Finance

SEPTEMBER 29, 2021

Those are all good approaches, but SPM must be holistic and combine those approaches and offer better planning, forecasting, and control of different stages of sales processes. Without a unified approach, SPM systems may not be able to provide full insights, and the monitoring and on-going forecasting will be more challenging.

Financial Planning and Analysis (FP&A) 124

Financial Planning and Analysis (FP&A) Sales Forecasting Budgeting 124

Centage

MAY 3, 2023

with Renee Sherman, Vice President of Finance Seamless Integration and Greater Detail Leads to Better Scenario Planning for Personnel Q: Can you tell us a little about your organization? I don’t think the staffing changes that we talk about would be feasible to forecast if we didn’t have this tool.

Budgeting 52

Budgeting Forecasting Nonprofit 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 Leadership 52

CFO Thought Leader

OCTOBER 10, 2023

Read More In the early 2000s, it seems, auto parts manufacturer Bend All may well have had traditional expectations for whoever filled the role of controller that didn’t necessarily include undertaking menu of strategic finance initiatives. The first is finance-led planning. We also do extended planning.

CFO 52

CFO Financial Planning and Analysis (FP&A) Finance Reconciliations 52

Spreadym

JUNE 19, 2023

Here is a general process for effective cash flow management: Establish a Cash Flow Forecast: Begin by creating a cash flow forecast, which estimates the expected cash inflows and outflows over a specific period (e.g., This forecast serves as a baseline for monitoring and planning your cash flow.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Accounts Payable 52

Future CFO

AUGUST 2, 2020

The recent outbreak of coronavirus (COVID-19) has forced companies and finance teams to react quickly and effectively. Finance team need to act as business partners and be the interface between functions and other business areas. It poses greater challenges.

Planning 40

Planning Reconciliations Budgeting Auditing 40

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. But the ERP of today doesn’t look like it used to. The ERP’s Role in a FinTech World.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

MARCH 27, 2019

“By streamlining supplier onboarding, tax compliance, invoice processing, global payments and payment reconciliation, Tipalti helps modern finance organizations strategically scale more rapidly and efficiently.” The enhanced integration aims to strengthen control and communication for both ends of the transaction.

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B2B Accounts Payable Reconciliations Cash Management 46

The Finance Weekly

OCTOBER 30, 2023

Leading software leverages , AI to automate tasks like transaction categorization and account reconciliation. Cash Flow Analysis: AI-driven cash flow planner forecasts future finances, aiding proactive planning. AI Benefits to Businesses AI-driven tools prove invaluable for small businesses in financial management.

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Reconciliations Forecasting Leverage Technology 52

PYMNTS

FEBRUARY 25, 2020

New technology solutions are stepping onto the market to help automate accounts receivable, accounts payable and the act of supplier payments, as well as other processes surrounding these fields, like trade finance, cash flow management and accounting. Expanding the Integration Scope Beyond the Payment.

B2B 69

B2B Accounts Payable General Ledger Finance 69

Planful

MAY 25, 2017

Collaborating with Marketing has historically presented some unique challenges to Finance executives, the size and scope of which vary depending on your vertical and on the personalities involved. Just how easy it is to achieve often depends on your relationship with other leaders in your organization, like the COO, CRO, and CMO.

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Finance Budgeting CFO Invoicing 40

PYMNTS

MARCH 1, 2018

“Spreadsheet” can be a four-letter word in corporate finance, but analysts say professionals continue to rely on the manual tool for everything from reconciliation to payroll. The new skills finance leaders need are those that can use technologies to access, analyze and amplify data for insights to better manage the business.”.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Analyzing Data Corporate Finance Reconciliations 40

PYMNTS

JULY 2, 2020

As companies reach their limits with other financing arrangements, migrating more spend to the commercial card can offer the added working capital flexibility to delay payment without preventing suppliers from accessing the funds they’re owed. “It’s also the ergonomics of it.

Economics 104

Economics Accounts Payable B2B Reconciliations 104

PYMNTS

AUGUST 8, 2019

And among the biggest challenges he pointed to for both accounts payable and accounts receivable professionals is reconciliation and being able to understand what payments are matched to which purchase orders and invoices — a data hurdle often unaddressed by check and other traditional payment tools. “The

Accounts Payable 57

Accounts Payable Accounting B2B Reconciliations 57

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

PYMNTS

OCTOBER 31, 2019

It’s great to get a check, or wire, or ACH, but if you don’t know what it’s to be applied to, you have a huge cash application and reconciliation challenge.”. This leads to greater problems of being unable to analyze customer payment performance or forecast incoming payments based on which invoices remain outstanding.

Reconciliations 43

Reconciliations Invoicing B2B Treasury 43

PYMNTS

NOVEMBER 22, 2016

Researchers forecast mobile payments to account for $1 trillion in transactions next year. “Things like digital invoicing, virtual cards and cloud-based finance and accounting will help the bottom line of smaller businesses by enabling them to process and receive payments quickly,” he stated.

B2B 65

B2B B2C Vendor Management Reconciliations 65

PYMNTS

DECEMBER 11, 2019

TechCrunch reported that Penta will connect its SMB customers to SumUp, providing them with a card reader that is integrated into their Penta accounts for seamless transaction recording and reconciliation. SMB Accounting App Coconut Opens to Banks. “Now Now they don’t have to. Alliance Bank Taps Into Ephesoft Data Capture.

Banking 52

Banking Foreign Exchange Reconciliations B2B 52

Planful

SEPTEMBER 1, 2016

Director of Finance Transformation and Product Expert at Blackline. The title of Susan’s session was “Continuous Accounting: The Modern Approach to Finance & Accounting.” They also use Blackline to manage the financial close process, including the management and execution of account reconciliations. Key Takeaways.

Technology 40

Technology Accounting Auditing Reconciliations 40

Future CFO

APRIL 7, 2022

In one FutureCFO workshop of finance leaders, despite two-thirds using some of the most advanced ERP tools in the market, nearly all concede the use of spreadsheets as part of work. Forty-three years on, spreadsheets are still a staple of finance functions for companies big and small. Albert Leong. Lee Chee Leong.

Finance 98

Finance SAP Leadership Cash Management 98

Planful

JULY 27, 2016

Streamline adjustments and intercompany reconciliations by 50 – 80%. Finance time shifts to value-added analysis, reduce hiring needs. Most cloud-based applications are part of an integrated suite that supports budgeting, planning, forecasting, financial consolidation, reporting and analysis of the business.

Financial Planning and Analysis (FP&A) 40

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

Future CFO

JANUARY 7, 2024

Agile planning makes room for development and progress from limited insight and hindsight to a good scenario planning among finance leaders. Rather than relying on gut instinct, guesswork, and outdated information, finance leaders can instead be better prepared and equipped to respond to change.

Finance 52

Finance Planning Reconciliations Budgeting 52