FISPAN

JANUARY 12, 2022

How FISPAN sees the importance of data and how to grow beyond the point of data aggregation. How data will be delivered and received from FISPAN and the third-party partners we work with. Financial institutions (FIs) are under pressure to drive innovation in financial data access for the commercial banking space.

Reconciliations 96

Reconciliations Banking Securities Leverage 96

CFO Share

JUNE 18, 2024

Poor or unnecessary integrations can lead to data inaccuracies, inefficiencies, and increased workload. Practice reconciliation both with and without the integration. Implement Sign-Offs and Quality Assurance from Other Departments Asking your bookkeeper to validate all financial data is unrealistic and sets them up for failure.

General Ledger 105

General Ledger CFO Accounts Payable Financial Data 105

Jedox Finance

SEPTEMBER 29, 2021

Having a separation between financial planning and sales planning limits the ability to accelerate those skills. Data Silos – Sales data and financial data are separated, making reconciliation between those sources difficult.

Financial Planning and Analysis (FP&A) 124

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

Future CFO

JUNE 24, 2024

The balance sheet and key financial ratios should tell the strengths and problems of the Company. It’s not easy to go through all the financial data to identify what’s relevant and what’s not. The budget and forecast should reflect the Company’s plans, visions, expectations and educated guesses on the market trends.

Auditing 111

Auditing Financial Analysis Forecasting Reconciliations 111

PYMNTS

MARCH 4, 2020

He pointed to financial reporting as one example of this shift. Native ERP reporting typically isn’t optimized to handle the structure of financial data, or many of the complex requirements like granular data, drill-downs, automated reconciliation and comparative reporting,” he said. Modernizing the ERP.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

The Finance Weekly

FEBRUARY 22, 2025

4) Close and Consolidation For finance teams handling multi-entity or global operations, it simplifies the financial close and consolidation process. Period Close Management - Automate account reconciliation and reduce financial close cycles.

Financial Planning and Analysis (FP&A) 52

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

Future CFO

AUGUST 1, 2023

The rise in digital transformation (DX) initiatives and the adoption of mobile technologies have also contributed to the demand for cloud-based financial applications in Asia/Pacific. Companies are increasingly seeking secure and compliant solutions to manage their financial data.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

MAY 11, 2017

Xero , the online accounting software company, announced Wednesday (May 10) a partnership with Capital One Financial Corporation to simplify direct bank feeds, credit card data and the bank reconciliation process. Many of the world’s leading financial institutions now share this vision. small business customers.

Reconciliations 65

Reconciliations Financial Data Accounting Leverage 65

Centage

SEPTEMBER 6, 2022

Lack of Security Features Excel may be an easier target for hackers due to inadequate encryption features for protecting your sensitive business information, such as identifiable details and confidential financial data. Without separation of duties or an audit that can track who has had access to the data, fraud can occur.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

Simply Treasury

JUNE 3, 2021

We all understand that the C-level wants treasury to lake use of huge financial data they sit on and develop more reporting and dashboards. automatic reconciliation, Straight Through Processing / STP, use of mass data, etc.). Robotics and RPA’s are an intermediary steps to automation, which explains its high ranking.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

JANUARY 21, 2021

Thanks to this agreement, we can now offer JAGGAER customers and their suppliers improved tracking, reconciliation and speed of processing or receiving cross-border transactions in 134 currencies,” JAGGAER CEO Jim Bureau said in the announcement. US CFOs Consider How to Use Cash Reserves.

B2B 85

B2B Banking Reconciliations Currencies 85

PYMNTS

FEBRUARY 8, 2019

Financial data technology firm Validis is rolling out a new solution designed to automate month-end reconciliation processes for small business lenders and invoice financing firms. 7), Validis said it has rolled out DataShare Reconciliation for small business lenders offering Confidential Invoice Discounting (CID).

Invoicing 46

Invoicing Reconciliations Concentration Financial Data 46

The Charity CFO

FEBRUARY 4, 2022

A bookkeeper records and organizes financial data; an accountant interprets and presents that data. . The nonprofit bookkeeper is the front line in the battle for the accurate financial data you need to run your business, so let’s review the core responsibilities of a nonprofit bookkeeper. . Manage payroll .

Nonprofit 98

Nonprofit Invoicing General Ledger Accounting 98

CFO Talks

SEPTEMBER 5, 2024

Ensuring Data Integration In today’s interconnected world, your FIS must seamlessly integrate with other business systems, such as Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Human Resources (HR) systems. Automating Processes Automation is a powerful tool in modern FIS design.

IFRS 98

IFRS GAAP Compliance Reconciliations 98

Future CFO

JULY 21, 2024

Now, beyond interpreting financial data, we’re now also embracing sustainability reporting and assurance – a rapidly growing field." AI can also uncover hidden trends and potential risks in vast datasets, enhancing decision-making and financial controls," Abrol notes.

Finance 104

Finance Accounting Principles Problem Solving Accounting 104

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

PYMNTS

JUNE 19, 2020

Botkeeper is able to streamline accounting processes through its automation technology as well as integration capabilities with banks, payroll platforms and other sources of financial data to support businesses’ spend management, reconciliation, bill payment and other accounting tasks.

B2B 73

B2B Startups Reconciliations Accounting 73

Future CFO

MAY 23, 2024

According to a press release, the state-of-the-art AI functionality in CCH® Tagetik Intelligent Platform empowers finance professionals to democratise access to meaningful financial data, manage and control massive datasets with unprecedented speed and automation, unlock hidden insights, and improve and expedite decision making.

Finance 52

Finance Reconciliations Forecasting Financial Data 52

PYMNTS

SEPTEMBER 27, 2017

Using robotics process automation , accounting software company FloQast is rolling out a new solution to automate reconciliation processes. 26), FloQast announced news of the launch of Cloud Connect, a solution that provides near-real-time access to financial data held within in-house ERP systems.

Reconciliations 40

Reconciliations Financial Data Leverage Accounting 40

Future CFO

JANUARY 22, 2024

Modern accounting software integrates seamlessly with diverse financial systems, automating tasks such as data entry, bank reconciliation, and invoice processing. Real-time Data Insights The advent of cloud-based accounting solutions has turned real-time financial data availability into a reality for businesses of all sizes.

Accounting 52

Accounting Reconciliations Financial Analysis Financial Data 52

PYMNTS

AUGUST 7, 2019

“Our new team in Boulder, CO is looking for a Sr Software Engineer to work within our Advertising FinTech team focused on a Blockchain ledger, billing and reconciliation systems to provide data transparency on transnational financial data,” the job posting said.

Advertising 56

Advertising Reconciliations Financial Data Technology 56

PYMNTS

NOVEMBER 4, 2016

Moore explained that this also presents a window for financial institutions like Capital One to enter into the blockchain space altogether. Because even if a solution can streamline cash flow management or automate financial data management, if that tool takes months and loads of resources to deploy, it may not be worth it.

Treasury 79

Treasury B2B Leverage Reconciliations 79

PYMNTS

APRIL 11, 2019

According to JPMorgan, clients who use its SEPA Instant and other real-time payment schemes benefit from immediate payment finality, the ability to address immediate business needs, easier reconciliation, better financial control and budgeting, improved liquidity management and an enhanced customer experience.

Treasury 53

Treasury Reconciliations Budgeting Financial Data 53

The Charity CFO

OCTOBER 9, 2024

Generally Accepted Accounting Principles, or GAAP , is a set of standardized accounting rules and guidelines that govern how you report financial information. For nonprofits, GAAP ensures transparency, accuracy, and consistency in financial statements. Use data exports and reports to bridge the gap between the two systems.

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

Bramasol

MAY 6, 2022

As with real world debt, Digital Debt must be serviced with high on-going costs; primarily in the form of low productivity, time-consuming data reconciliation, lack of end-to-end visibility and continuous maintenance updates. Need for ongoing data manipulation and reconciliation between systems. Sources of Digital Debt.

SAP 65

SAP Finance Reconciliations Leverage 65

https://trustedcfosolutions.com/feed/

FEBRUARY 11, 2023

Sage Intacct and more modernized systems are building the foundation for continuous accounting without the need for ongoing work — data calculations, reconciliations, and the collection of financial information — from your finance staff. Make the Move to the Cloud Gain access at your fingertips.

Accounts Payable 62

Accounts Payable Reconciliations Leverage CFO 62

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 80

SAP IFRS GAAP Compliance 80

PYMNTS

AUGUST 5, 2016

” Outside of the accounting department, however, other parts of a business will feel the effects of automated accounting — and the access of the financial data that goes along with it. . “That’s going to be a value-add.” “That is an unbelievably antiquated way of testing anything,” Tucker stated.

Accounting 42

Accounting Reconciliations General Ledger Auditing 42

PYMNTS

JANUARY 26, 2017

“Processing corporate payments as peer-to-peer, directly on blockchains, gives for instant settlement and, therefore, real-time reconciliation and accounting,” the company said. Real-time payments and reconciliation, the company added, could be a major boost to corporate cash management efforts, too.

SAP 57

SAP Invoicing Reconciliations B2B 57

Global Finance

SEPTEMBER 9, 2024

“We’ve seen how migrating to the right treasury data analytics strategy can absolutely transform how treasury teams interpret and utilize their financial information—and deliver better business outcomes within the corporate suite,” notes Blake. “By Carrere says.

Treasury 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

PYMNTS

JANUARY 22, 2021

The focus is on real-time transactional data, and making sure we take manual processes out of reconciliation.". Rather, said Franco, the currency climate has opened the door to modernize and optimize in ways that can help the company scale well into the future, and data remains at the heart of that effort.

Healthcare 74

Healthcare B2B Prioritization Accounts Payable 74

CFO Talks

SEPTEMBER 17, 2024

Building Robust IT Systems for Financial Reporting As financial operations become increasingly complex, having the right IT infrastructure in place is no longer just a back-office necessity—it’s a strategic advantage. Cloud-Based Solutions: Cloud technology allows CFOs and their teams to access financial data anytime, anywhere.

Financial Reporting 52

Financial Reporting Auditing Compliance CFO 52

PYMNTS

JANUARY 26, 2018

Corporate accounting software is now a continually evolving space, but progress doesn’t occur in a vacuum: External forces and trends, from changing regulations to increased adoption of FinTech by the enterprise, force businesses to adjust how they record and report financial data. Open Banking initiatives in the EU, U.K.,

General Ledger 47

General Ledger Benchmarking Reconciliations Accounts Payable 47

Spreadym

AUGUST 10, 2023

What is financial reporting software? Financial reporting software refers to specialized tools or applications designed to help organizations generate, manage, and present their financial data in a clear and organized manner. Exporting and Sharing: The ability to export reports in various formats (PDF, Excel, etc.)

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) Accounting Standards CFO 52

Bramasol

MAY 13, 2024

Another key reason you should pay attention to activities at the PCAOB and AICPA is to stay abreast of potential future decisions that could impact your systems and processes for tracking, collecting, analyzing and reporting key financial data.

Auditing 84

Auditing Compliance SAP Accounting Standards 84

CFO Plans

SEPTEMBER 24, 2024

Cloud-based accounting solutions ensure that your financial data is accessible anytime, anywhere. Say goodbye to cumbersome paperwork and hello to real-time financial monitoring with state-of-the-art online accounting platforms. This convenience allows you to focus on other crucial aspects of your business.

Accounting 52

Accounting Tax Planning CFO Risk Management 52

PYMNTS

MAY 23, 2017

Sage and Cashplus are integrating each other’s data to launch a new Sage tool called Bank Feeds, which means joint customers of Sage solutions and Cashplus business accounts can automate and streamline bank reconciliation to ensure accounts and records are up to date and accurate.

Banking 43

Banking Reconciliations Accounting Compliance 43