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

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

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

CFO Plans

AUGUST 9, 2024

Cloud accounting services provide businesses with real-time access to their financial data, enabling more agile decision-making. A retail business, for instance, reduced its accounting errors by 30% and improved financial reporting speed by adopting cloud accounting services.

Accounting 52

Accounting Tax Planning CFO Startups 52

PYMNTS

JULY 27, 2018

solidified their reputations as having progressive views on data security and ownership with the PSD2 and GDPR regulations that came into effect earlier this year. That doesn’t mean enhanced data privacy, security and sharing aren’t in the cards for the nation’s financial services space, though.

Financial Data 41

Financial Data Banking Securities Communication 41

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

Spreadym

MAY 15, 2023

Determine if the platform allows for customization, integration with existing systems, and the ability to handle complex financial modeling or scenario analysis, what-if analysis and plan vs. actual analysis tools. Data integration and security Evaluate the platform's data integration capabilities.

Financial Planning and Analysis (FP&A) 52

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

PYMNTS

APRIL 12, 2016

Not only do they add an enhanced level of security and fraud protection to the accounts payable process, they also simplify processes and provide a mechanism for generating new forms of revenue to support the nonprofit mission.”. But what a commercial card can’t do as well as a virtual card is security. Not-For-Profit.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

JUNE 25, 2018

According to Dubugras, this challenge stems from the financial services industry’s tradition of relying on projected profits and personal guarantees to assess whether a business should be approved for a credit card. Though a startup could secure millions in venture capital funding, it could still take years to turn a profit.

Startups 52

Startups Banking Profit and Loss Healthcare 52

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

Paper-based processes became obsolete and secure access to standalone applications posed technical challenges. Process delays and slow communications, coupled with restrictive lockdowns, led to slower payments, increased financial risks and stretched service centers. “It 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

MARCH 19, 2019

Even if cash has its place, Ferrabee said that digital payments can still gain traction with the addition of information — data, in other words — that can literally travel, and that can be used to ensure (and reassure) both sides of a transaction of speed and security. That’s especially true for corporate and B2C transactions, he said.

B2C 86

B2C Budgeting B2B Compliance 86