Future CFO

FEBRUARY 2, 2025

Charlie Cheah , managing director, Esker Asia , believes that CFOs and in a bigger context, the Office of the CFO in Asia, face several challenges when integrating AI into financial systems, given the region's diverse technological landscape. "In

Accounts Payable 52

Accounts Payable Accounting Invoicing CFO 52

PYMNTS

NOVEMBER 13, 2019

The branding will reflect the financial institutions and not Google. Our approach is going to be to partner deeply with banks and the financial system,” Google VP of Product Management Caesar Sengupta told WSJ. “It survey indicated that 58 percent of respondents said they would trust financial products from Google.

Accounting 64

Accounting Banking Financial Systems Startups 64

PYMNTS

JUNE 22, 2020

We’ll note that when an auditor refuses to sign off on a client firm’s results, much of the financial data previously reported should be viewed with a skeptical eye. At the end of September of 2019, per balance sheet data, the company had about 2.8 billion euros in cash and equivalents on hand; the 1.75

Auditing 77

Auditing Banking Financial Systems Financial Data 77

Future CFO

DECEMBER 31, 2021

The same BlackLine survey saw that financial systems integration (43%), intelligent automation (38%) and finance automation solutions (36%) were the top three technological skills business leaders and finance professionals in Singapore mentioned their companies required beyond traditional F&A qualifications.

Leadership 98

Leadership Finance GAAP Forecasting 98

Lime Light

NOVEMBER 17, 2024

Cube FP&A is a well-known financial planning and analysis (FP&A) tool that has gained popularity for its ability to streamline financial reporting, budgeting and forecasting processes.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Budgeting Forecasting Financial Systems 40

Future CFO

SEPTEMBER 26, 2024

Organisations nowadays have devised their own automated system or set of systems catering to their specific needs. This is in the aim of producing timely financial data and other outputs, such as visualisations. Further, these people might also need to lead tough conversations about resource allocation.

Forecasting 52

Forecasting Planning Budgeting Financial Data 52

https://trustedcfosolutions.com/feed/

MARCH 30, 2023

Less Stress Leads to More Success: Why a Faster Monthly Close Is Key Faster and more accurate closing cycles ensure your advisors, CFOs, and controllers have up-to-date financial data to base important decisions. Contact us today to find out how our services can shorten the month-end close and strengthen your financial operations.

Leverage 62

Leverage Financial Data Accounting Financial Systems 62

Future CFO

JANUARY 22, 2024

The days of manual data entry into ledgers and journals, a process prone to human error, are long gone. Modern accounting software integrates seamlessly with diverse financial systems, automating tasks such as data entry, bank reconciliation, and invoice processing.

Accounting 52

Accounting Reconciliations Financial Analysis Financial Data 52

PYMNTS

JUNE 1, 2017

NICE Actimize, a company that offers corporate software to safeguard financial systems, is targeting corruption and bribery for its enterprise clients. As the owners of the books, the accountants are the first line of defense to identify anything that may look suspicious,” Willbrand added.

Auditing 40

Auditing Financial Systems Analyzing Data Entertainment 40

https://trustedcfosolutions.com/feed/

DECEMBER 14, 2021

How do you dramatically improve reporting and gain visibility into your financial data while reducing your General Ledger accounts by more than 90%? In this one-hour webinar, you’ll learn about the benefits of a modern financial management system and its game-changing multi-entity, multi-dimensional, General Ledger?starting

Accounting 52

Accounting General Ledger Financial Systems Financial Data 52

PYMNTS

JULY 11, 2019

Public ledgers could expose financial data, allowing outsiders using artificial intelligence (AI) and pattern recognition to identify and name individuals making purchases. Can Facebook Be Trusted To Secure Financial Data? and global financial stability,” committee chairwoman Rep.

Financial Data 49

Financial Data Securities Auditing Compliance 49

PYMNTS

FEBRUARY 11, 2020

The approval is part of the country’s decision to open its financial system, part of the “phase one” trade deal with the U.S. The Equifax cyberattack is one of the largest data breaches in history, exposing the financial data of almost 150 million Americans. Amazon dominates the smart speaker market in the U.S.,

Marketing 60

Marketing Financial Systems Retail Financial Data 60

PYMNTS

SEPTEMBER 16, 2019

In commentary sent to PYMNTS from Plaid, CEO Zach Perret said that “we draw inspiration from the work that the networks have done and look forward to collaborating with Visa and Mastercard at the intersection of commerce and financial services.

Investments 56

Investments Valuation Financial Systems Financial Data 56

PYMNTS

JULY 3, 2019

The co-creator of Facebook’s recently announced cryptocurrency, Libra , said the currency was created to help the unbanked population easily access the financial system, according to a Facebook post he wrote on Wednesday (July 3). David Marcus ’ post, titled “Libra, 2 weeks in,” covers a range of topics, especially financial inclusion.

Financial Systems 43

Financial Systems Currencies Banking Financial Data 43

PYMNTS

SEPTEMBER 22, 2017

In the lawsuit, Summit Credit Union states that Equifax “utterly failed” at protecting consumers’ personal and financial data, maintaining that the company allowed “hackers to breach the gates and gain unfettered access to the sensitive information of millions.

Financial Systems 54

Financial Systems Accounting Financial Data Banking 54

PYMNTS

DECEMBER 14, 2018

financial system could find several “digital payment trails” based on those transactions. And as more consumers use faster payments systems, these schemes will play greater roles in financial services. equivalent of credit unions — to provide third-party providers with secure access to certain data.

Advertising 72

Advertising Securities Banking Financial Systems 72

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.

SAP 79

SAP IFRS GAAP Compliance 79

Beacon CFO Plus

SEPTEMBER 27, 2023

Fractional CFOs can adapt to these changing requirements, helping startups scale their financial operations efficiently. Whether it’s hiring finance teams, implementing advanced financial systems, or managing increased financial data, they ensure that the startup’s financial infrastructure can support its growth trajectory.

Startups 52

Startups Compliance CFO Financial Modeling 52

PYMNTS

FEBRUARY 24, 2020

“The financial sector continues to be one of the most sensitive industries within China, which means it is held to a higher degree of scrutiny,” he continued. Some aspects of how China treats online data and transactions are similar to rules with which foreign entities already comply.

Compliance 64

Compliance Banking Securities Financial Data 64

PYMNTS

MARCH 23, 2016

Accounts payable solution Anybill is getting closer to existing partner Intacct in an effort to streamline the flow of financial data between the two platforms. An announcement on Tuesday (March 22) said Anybill has extended its venture with Intacct, which provides ERP software.

Accounts Payable 40

Accounts Payable Accounting Invoicing Financial Systems 40

CFO Plans

SEPTEMBER 24, 2024

However, with the advent of scalable accounting solutions, businesses of all sizes can streamline their financial operations and focus on growth. Imagine having a seamless financial system that not only saves you time but also propels your business forward.

Accounting 52

Accounting CFO Compliance Financial Reporting 52

The Charity CFO

FEBRUARY 27, 2023

The major tasks of a treasurer can be summed up as follows: Operations management Oversight and compliance Strategic decision-making Operations management The operational tasks of a treasurer concern financial management. These tasks include organizing financial data into helpful reports to be presented to the other board members.

Nonprofit 52

Nonprofit Compliance CFO Leadership 52

Michigan CFO

JUNE 7, 2023

Some of their key responsibilities include financial forecasting, budgeting, cash flow management, financial reporting and analysis, advising on financial decisions, collaborating with internal teams, implementing financial systems, and providing insights for growth and profitability.

CFO 52

CFO Problem Solving Budgeting Financial Systems 52

Future CFO

NOVEMBER 15, 2023

Ervina Waty : Here are some key changes that CFOs might need to put in place: Enhanced Data Governance and Quality Control CFOs should implement stronger data governance practices to ensure the accuracy, consistency, and integrity of financial data.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Compliance 52

PYMNTS

JULY 27, 2018

banks have begun to develop and deploy their own APIs to facilitate data sharing with FinTech firms, too. This lack of interoperability means some of the utility of business data can get lost, and prevent entrepreneurs from not only having a 360-degree view of their companies, but having that vision in real time. ” U.S.

Financial Data 41

Financial Data Banking Securities Financial Systems 41

Spreadym

JUNE 27, 2023

Budgeting involves allocating resources and setting financial targets for various departments or business units within the organization. Financial Analysis: FP&A professionals conduct in-depth analysis of financial data to assess the organization's performance and identify areas for improvement.

Financial Planning and Analysis (FP&A) 52

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

CFO Plans

AUGUST 9, 2024

Cloud Accounting Services Transform Financial Practices The shift to digital has revolutionized accounting practices. Cloud accounting services provide businesses with real-time access to their financial data, enabling more agile decision-making.

Accounting 52

Accounting Tax Planning CFO Startups 52

PYMNTS

JUNE 25, 2018

“Therefore, they are setting up their financial systems and expense management practices in a scalable way, so that they can continue to grow their operations.” . “Startups are also unique in that, while they start small, they plan to get big and they plan to do it quickly,” he continued.

Startups 52

Startups Banking Profit and Loss Healthcare 52

PYMNTS

FEBRUARY 15, 2019

The process through which organizations, like universities, gain that spend visibility — that is, being able to integrate financial data across platforms — opens doors to other opportunities in the higher education industry. Yet, the effort to gain a deeper view into spend isn’t simply to avoid those threats, Rotoli noted.

Education 49

Education Accounts Payable Reconciliations Prioritization 49

PYMNTS

APRIL 12, 2016

Because virtual cards are just that — virtual — they automate the payment and reconciliation processes, connecting payment data directly into financial systems. The heightened spend controls of v-cards mean better financial data and a clearer vision of cash flow. Not-For-Profit.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

Spreadym

MAY 15, 2023

Data integration and security Evaluate the platform's data integration capabilities. Check if it can connect with your existing financial systems and databases seamlessly. Also, consider the security measures in place to protect your financial data.

Financial Planning and Analysis (FP&A) 52

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

The Charity CFO

NOVEMBER 23, 2022

They should demonstrate an extensive understanding of accounting and finance regulations and best practices for financial management in a nonprofit setting. . A bachelor’s degree in accounting, finance, or other related fields prepares them to analyze financial data and advise the nonprofit on financial decisions.

Nonprofit 52

Nonprofit Finance Strategic Planning Budgeting 52

PYMNTS

APRIL 8, 2016

Lendified announced last week the acquisition of Mentio, a cash flow forecasting company using data from cloud-based financial systems to analyze and predict the future performance of a business. But broadening the scope of access to financial data doesn’t necessarily mean the credit underwriting process will become flawless.

Cash Flow Forecasting 40

Cash Flow Forecasting Forecasting Finance Cash Management 40

Spreadym

JUNE 6, 2023

This evaluation helps in monitoring performance, identifying deviations, and taking corrective actions to achieve financial goals. Financial forecasting relies on historical financial data, market trends, economic indicators, industry analysis, and assumptions about future conditions.

Forecasting 52

Forecasting Budgeting Planning Financial Modeling 52

Future CFO

SEPTEMBER 14, 2020

Most FP&A professionals were aware of these gaps before the crisis, but the disruptions presented by COVID-19 have highlighted how vital a strong and dynamic financial system can support our rapidly changing business needs,” said Tricor’s Tam. For Sofitel’s Lee, the issues lie with governance.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Forecasting Planning Foreign Exchange 52

PYMNTS

OCTOBER 1, 2018

That includes the plethora of financial data that banks have acquired in recent years, along with the tools used to interpret that data, like artificial intelligence (AI) and machine learning (ML). Many of the tools that banks already use, such as fraud protection, customer service and advertising, can be used to fight slavery.

Banking 75

Banking Advertising Financial Systems Financial Data 75

PYMNTS

MARCH 19, 2019

He pointed to ISO 20022, a universal financial industry messaging scheme that can work with current financial system infrastructures and hasten the development of new ones. (As That’s especially true for corporate and B2C transactions, he said.

B2C 86

B2C Budgeting B2B Compliance 86