The Finance Weekly

JANUARY 19, 2025

Predictive Analytics - AI uses past data to predict future events, helping businesses prepare effectively. These technologies allow AI to quickly analyze large amounts of financial data, spot patterns, and trends, and provide helpful insights. This ensures that client investments remain aligned with their financial objectives.

Planning 52

Planning Analyzing Data Financial Data Risk Management 52

The Finance Weekly

OCTOBER 30, 2024

Here’s what modern cash management systems typically offer: Real-Time Bank Account Integration - The ability to link various bank accounts into a single platform allows businesses to view all their financial data in one place, reducing manual work and improving accuracy.

Cash Management 52

Cash Management Cash Flow Forecasting Reconciliations Forecasting 52

Future CFO

DECEMBER 4, 2024

Wong says the ability to connect financial insights to the broader business landscape is crucial. “A A great finance leader sees the bigger picture, understanding how financial data aligns with organisational goals and drives growth. “I believe impactful leaders empower others to grow, creating strong, capable teams.”

Finance 98

Finance Leadership Problem Solving Benchmarking 98

CFO Talks

NOVEMBER 29, 2024

Developing a solid technical foundation will make these skills second nature, freeing up mental capacity to focus on higher-level challenges as you progress. As you gain experience, start paying attention to strategic thinking and risk management, which are critical at the executive level.

CFO 95

CFO Auditing Leadership Finance 95

Future CFO

MARCH 3, 2025

The ability to analyse data, identify insights, and communicate those insights effectively is highly valued. Finance professionals need to be able to tell a story with the numbers, explaining the implications of financial data for the business.

Finance 69

Finance Communication Leadership Profit and Loss 69

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. The 2021 EACT survey, as it has become a tradition, attempts early this year to determine what the treasury trends and priorities for multinational companies will be in the next 12 to 24 months.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

CFO Simplified

MARCH 27, 2022

Risk Management and Leadership. A CFO knows a business’ financials better than anyone. They have the knowledge and skills to assess a crisis and mitigate risk. Increased Financial Planning and Analysis. CFOs make decisions based on data.

CFO 98

CFO Planning Risk Management Prioritization 98

PYMNTS

OCTOBER 1, 2020

The bank’s clients will have the capacity to easily and safely share their financial information with over 1,400 third-party financial programs on the Envestnet | Yodlee Financial Data Aggregation Platform that will assist in bolstering “their overall financial wellness,” according to the announcement.

Finance 91

Finance Banking Foreign Exchange Invoicing 91

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

Global Finance

SEPTEMBER 9, 2024

While the job has always had a strong risk-management component, the basic task was simple: making sure the company has cash available, when and where it’s needed. By tapping into advanced analytical tools, treasury teams can uncover far deeper insights from their increasingly vast volumes of financial data.” Not anymore.

Treasury 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

Future CFO

JULY 14, 2022

With an increasing focus on climate-related risk management and disclosures, including those under the Taskforce on Climate-Related Financial Disclosures (TCFD) framework, companies are recognising that climate change also has an impact on their businesses, operations and financials. “It

Risk Management 98

Risk Management Compliance Finance Strategic Planning 98

PYMNTS

APRIL 2, 2020

Every interaction — from ATM withdrawals to loan applications — provides FIs with valuable data about customers’ financial lifestyles. Banks can even harness external regulatory, trading and social media engagement data, all of which can be processed and analyzed to benefit their operations. Data Analytics Behind the Scenes.

Banking 94

Banking Risk Management Credit Risk Advertising 94

Future CFO

JULY 21, 2024

The finance team can make this possible through the management of associated risks with AI, as it plays a greater role in the accounting and financial reporting of businesses. Now, beyond interpreting financial data, we’re now also embracing sustainability reporting and assurance – a rapidly growing field."

Finance 104

Finance Accounting Principles Problem Solving Accounting 104

CFO Plans

OCTOBER 4, 2024

By embracing accounting automation for startups , tech companies ensure their financial data is always on point, setting the stage for sharp decision-making. With predictable fixed pricing, financial plans become clear, allowing businesses to focus on what truly matters: strategic initiatives.

Management Consulting 52

Management Consulting Risk Management CFO Startups 52

Future CFO

FEBRUARY 4, 2024

NP: Training AI models to understand and interpret complex financial data accurately requires dedicated time and resources. Teams may also lack the skills required to develop a robust AI model, ranging from AI, data analytics to business acumen and risk management skills.

Finance 98

Finance CFO Risk Management Leadership 98

CFO Talks

AUGUST 28, 2024

Practical Example: A medium-sized manufacturing company with a public interest score of 350 must ensure that its AFS is audited and submitted to the Companies and Intellectual Property Commission (CIPC) within six months of the financial year-end. Failure to comply can lead to penalties and reputational damage.

CFO 83

CFO Auditing Compliance IFRS 83

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. A well-crafted financial strategy can significantly impact your bottom line.

Accounting 52

Accounting Tax Planning CFO Risk Management 52

CFO Share

JULY 16, 2024

They focus on data accuracy and regulatory compliance, rely on regimented processes, and are generally wary of change. They prepare financial reports and statements that clearly and accurately represent the company’s financial position. They regularly audit processes to maintain the integrity of financial operations.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) CFO General Ledger Compliance 98

Future CFO

FEBRUARY 2, 2025

Charlie Cheah Best practices and risk management Cheah highlights that data security is crucial when implementing AI in AP processes. Best practices include: Data Encryption: Ensuring all financial data processed by AI systems is encrypted at rest and during transmission to prevent unauthorised access.

Accounts Payable 52

Accounts Payable Accounting Invoicing CFO 52

CFO Leadership

OCTOBER 10, 2023

AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. With a large and diverse enough data set (e.g. How to use AI in Finance & Accounting As we look to the future, the role of AI in finance will likely expand.

Accounting 95

Accounting Finance Auditing IFRS 95

Future CFO

DECEMBER 31, 2021

Here are the five most important skills identified: A strong understanding of risk management The ability to use new software or technology The ability to communicate complex financial information to different stakeholders A strong understanding of financial best practices The ability to collaborate with colleagues from other functions.

Leadership 98

Leadership Finance GAAP Forecasting 98

CFO Plans

SEPTEMBER 24, 2024

Platforms like QuickBooks and Xero provide real-time insights into financial data, enabling more informed decision-making and efficient tax preparation. Utilize Real-Time Financial Reporting Real-time financial reporting is a game-changer for small businesses.

Tax Planning 52

Tax Planning Compliance CFO Risk Management 52

Centage

JUNE 7, 2022

Keep reading for best practices for impressing owners and employees alike as a new chief financial officer. Marry Finance With Strategy It’s not enough to provide accurate financial data. Once you’ve identified potential financial risks, you can strategize the best risk management solutions and start putting them into action.

CFO 97

CFO Forecasting Data Analysis Budgeting 97

Spreadym

OCTOBER 3, 2023

Budgeting and Forecasting: They have experience in creating and managing budgets, as well as forecasting financial performance based on historical data and future expectations. Candidates should be able to connect financial data to broader business strategies. Communication: Effective communication is critical.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Financial Analysis Financial Modeling Budgeting 59

PYMNTS

MARCH 20, 2020

He noted that companies like EQ Riskfactor have “a lot of work to do” to demonstrate the value of unlocking financial data for U.S. “There are limitless possibilities for the enhancement of business client lending improvements through the use of data sharing,” he added.

Banking 93

Banking Finance Invoicing Risk Management 93

PYMNTS

OCTOBER 29, 2018

More than 670 professionals at mid-sized and large firms were asked about how they collaborate with human resources and IT departments, both areas of the enterprise that have significant impacts on financial management.

CFO 58

CFO Corporate Finance Risk Management Finance 58

Bramasol

JUNE 10, 2022

Within the SAP ecosystem, Parallel Accounting is supported by the following financial application components: Financial Accounting (FI). Treasury and Risk Management (TRM). Asset Accounting (FI-AA). Controlling (CO). Inventory Accounting (MM and ML).

Accounting Principles 78

Accounting Principles IFRS Accounting SAP 78

CFO Plans

SEPTEMBER 24, 2024

Cloud-Based Accounting Solutions for Startups Virtual CFOs leverage advanced cloud-based accounting solutions to streamline financial operations. These platforms provide real-time access to financial data, enabling startups to make informed decisions swiftly.

Startups 52

Startups CFO Financial Analysis Risk Management 52

Future CFO

DECEMBER 15, 2024

As a result, users can complete tasks like reconciling accounts, forecasting, while analysing financial data can be completed with unprecedented speed and accuracy. This allows CFOs and their teams to shift their focus from manual processes to higher-value activities like strategic planning and risk management.

Leadership 52

Leadership Strategic Planning Finance Risk Management 52

CFO Plans

SEPTEMBER 24, 2024

Get Expert Financial Forecasting Services Now Understanding Small Business Financial Advisory Services Financial forecasting is an integral part of Small Business Financial Advisory services. Enhanced Risk Management: Forecasting enables businesses to identify potential risks and develop strategies to mitigate them.

Forecasting 52

Forecasting Planning Strategic Planning Leverage 52

Collectiv

MARCH 14, 2022

When stakeholders distrust data, it negatively influences the process of reporting and analytics. Being PCI compliant is incredibly important if you are regularly dealing with credit cards and financial data. Investing in data governance means that you are investing in the business. Misallocation of Resources.

Leadership 97

Leadership Securities Risk Management Compliance 97

Beacon CFO Plus

NOVEMBER 30, 2023

Define Roles and Responsibilities: The CFO typically focuses on financial strategy, planning, and management, while the accounting firm handles compliance, audits, and financial reporting. They should have a clear process for sharing information and data. Keep in mind the things a fractional CFO will not do.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

Spreadym

APRIL 27, 2023

Financial analysis and planning (or FA&P) software is a type of business software that helps companies manage their finances and operational activity by analyzing financial data and providing tools to plan, forecast and make budgets for efficient business growth. Visit the link to learn more about it.

Financial Analysis 52

Financial Analysis Tax Planning Budgeting Forecasting 52

Future CFO

OCTOBER 9, 2024

Risk Management: AI-driven applications can comprehensively analyze expansive amounts of financial data, identify trends and patterns, craft narratives, and suggest recommendations, thereby streamlining the process for time efficiency and enabling informed decision-making, offering a strategic advantage in speed and insight.

Risk Management 52

Risk Management Compliance Communication Leverage 52

PYMNTS

DECEMBER 14, 2018

This week’s B2B venture capital roundup includes a slew of companies experimenting with enterprise data use cases. They include Internet of Things (IoT)-connected manufacturing machines, cross-platform financial data analysis, predictive analytics for inventory management and more. In all, more than $87.8

B2B 51

B2B Startups Treasury Financial Data 51

PYMNTS

JULY 1, 2020

Late last month, Mastercard revealed it had reached a deal to acquire Finicity , a company that provides real-time access to financial data, PYMNTS reported. Allica will be targeting small- to medium-sized businesses (SMBs) and, through Profile, has integrated technology to manage banking and risk management operations.

Finance 56

Finance Banking Financial Data Treasury 56

PYMNTS

JANUARY 25, 2018

According to BELLIN, the collaboration with Kantox means it can combine its treasury management offering with Kantox’s services that provide companies with foreign currency, foreign exchange (FX) and risk management solutions. Together, the firms will target middle-market businesses looking to grow internationally.

Treasury 40

Treasury Foreign Exchange Risk Management Compliance 40