FASB studies AI use in financial data analysis
CFO Dive
MARCH 3, 2023
The surge in use of conversational artificial intelligence has prompted scrutiny of the technology’s role in financial decisions.
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CFO Dive
MARCH 3, 2023
The surge in use of conversational artificial intelligence has prompted scrutiny of the technology’s role in financial decisions.
E78 Partners
DECEMBER 12, 2024
The coming together of private equity and technology is redefining how organizations operate, innovate, and compete. For private equity backed firms, adopting cutting-edge technological solutions is not just an advantageits a necessity for maximizing efficiency, driving growth, and maintaining a competitive edge.
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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape
Outsourcing Vs. In-House: The Ultimate Battle For Better Collections
Maximizing Profit and Productivity: The New Era of AI-Powered Accounting
The Silent Crisis: Why Finance Lags in Digital Transformation and How to Accelerate AI Adoption
The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience
CFO Dive
MARCH 26, 2024
AI analytics technology is turbocharging anti-fraud measures through its ability to process oceans of financial data.
Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape
Outsourcing Vs. In-House: The Ultimate Battle For Better Collections
Maximizing Profit and Productivity: The New Era of AI-Powered Accounting
The Silent Crisis: Why Finance Lags in Digital Transformation and How to Accelerate AI Adoption
The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience
Simply Treasury
AUGUST 26, 2021
We all agree on the existence of a problem and a need, we all would like to implement it and "digitize" even more and automate, without knowing how or with which technology. You must start from the business needs and not from the technology. Technology is only a means to an end. This is where the problem lies.
CFO News Room
DECEMBER 2, 2022
When Frances Lawrence was first brought in as Financial Director at software company FISCAL Technologies in 2019, the business was in real need of working capital to accelerate the growth curve. . Frances’ beginnings at FISCAL Technologies. The post Frances Lawrence, CFO, FISCAL Technologies appeared first on GENCFO.
Global Finance
MARCH 1, 2025
ICBC uses DeepSeek for wealth management tasks and financial data analysis. Bank of Beijing uses the app for data analysis through a partnership with Chinese IT conglomerate Huawei. In addition, DeepSeek helps the bank sort and respond to thousands of emails received daily.
Future CFO
DECEMBER 29, 2024
Financial transformation has emerged as a critical imperative for organisations in 2024, driven by the need to adapt to rapidly changing economic conditions, technological advancements, and evolving business landscapes. Evolving role Historically, CFOs were the stewards of financial reporting and compliance.
Future CFO
JANUARY 22, 2025
Source: Data collected during the FutureCFO Conference series in 2024, Cxociety Research Coming into 2025, as finance leaders face mounting pressure to do more with less while driving growth and maintaining compliance, they are turning to digital solutions and holistic approaches to reshape and modernise financial processes.
CFO Plans
NOVEMBER 25, 2024
No longer confined to traditional financial management, CFOs now play a pivotal role in safeguarding their organizations against increasingly sophisticated cyber threats. As stewards of financial data, CFOs must prioritize cybersecurity measures to ensure the security of sensitive information and maintain client trust.
CFO Talks
DECEMBER 5, 2024
Connect Financial Data to Human Behavior Numbers tell a story, but it’s curiosity that brings the story to life. Takeaway: Partner with HR, marketing, and operations teams to gain insights into the human side of your financial data. Takeaway: Regularly review “sacred cows” in the business.
PYMNTS
JULY 26, 2020
The announcement by the Consumer Financial Protection Bureau ( CFPB ) comes on the heels of a symposium it held in February which included experts from consumer groups, financial technology (FinTech) companies, trade groups, banks and data aggregators.
Future CFO
FEBRUARY 14, 2025
As businesses navigate their way around various technological advancements, finance teams are faced with the task to integrate analytics and automation into their existing processes, determining at the same time which specific system to transform first for maximum operational impact.
CFO Talks
MARCH 13, 2025
Now, picture the opposite: instant access to real-time financial insights, automated compliance checks, and AI-driven forecasts guiding your next move. This is the power of Financial Information Systems (FIS). Often, finance teams work separately from sales, operations, and HR, leading to inconsistent financial data.
CFO Talks
MARCH 5, 2025
To make sure everything aligns: Set up strong internal processes Have a clear system in place for collecting and verifying financial data. Use Technology to Make Reporting Easier Financial reporting can be time-consuming, especially if youre relying on spreadsheets or manual calculations.
Bramasol
SEPTEMBER 29, 2023
This blog post provides an overview of these major waves of change based Bramasol's more than 27 years of working closely with CFOs and their stakeholders across many industry segments and technology innovation cycles. They are expected to provide financial leadership and insight into the organization's strategic direction.
The Finance Weekly
JANUARY 19, 2025
Traditionally, financial teams had to analyze large amounts of data to evaluate performance, predict trends, and plan for success. AI in financial planning uses important technologies like: Machine Learning (ML) - AI learns from data and makes better predictions over time. This isnt the future; its happening now.
Global Finance
JUNE 6, 2024
Africa And Middle East MNT-Halan MNT-Halan developed innovative technology that provides a digital solution for unbanked populations. Moody’s Research Assistant is an add-on to CreditView that combines genAI with Moody’s proprietary data. The resulting products have driven digital engagement, customer retention and market share.
CFO Plans
AUGUST 2, 2024
In today’s rapidly evolving business landscape, the integration of technology into accounting practices has shifted from a luxury to a necessity. With the demands of modern businesses continuously growing, leveraging technology to streamline accounting processes is crucial for maintaining accuracy, efficiency, and competitiveness.
The Charity CFO
MAY 31, 2024
Luckily, modern accounting software and other bookkeeping technologies can help you keep up with day-to-day bookkeeping, reporting, and accounting tasks more efficiently. Efficient bookkeeping isn’t just about keeping records–it’s about building a solid foundation for your organization’s financial integrity and operational success.
Barry Ritholtz
JUNE 17, 2024
A quick break from book authorship to share a fascinating set of data and charts, via Sam Ro. In his weekly missive, Sam points to some amazing charts from Global Financial Data. They are based on historical data that looks at 200 Years of Market Concentration. You might be surprised at the findings.
Future CFO
MARCH 3, 2025
Technological advancements, evolving market demands, and a heightened focus on sustainability are converging to reshape the finance landscape. The rapid pace of technological change and the growing importance of ESG have created a demand for new skills that are often in short supply. The finance function is undergoing a seismic shift.
CFO Talks
FEBRUARY 20, 2025
The real value lies not in reporting the past but in questioning, interpreting, and challenging financial data to drive better decisions for the future. Financial reports are produced the same way they have always been. However, technology should be seen as a tool, not a replacement for human judgment.
PYMNTS
JANUARY 26, 2021
The financial institution (FI) revealed last week that it is working with Volante Technologies to accelerate its ISO 20022 adoption, leaving Citi to become Volante’s first banking customer to take a unified approach to its global migration to the messaging standard. HashCash Brings Blockchain Tech To Unnamed Bank.
The Finance Weekly
FEBRUARY 23, 2025
Strong FP&A practices help finance teams improve data accuracy , use technology effectively, and make well-informed financial decisions. This leads to better budgeting, more reliable forecasting, and stronger financial stability. Present financial data with clear charts for faster decision-making.
E78 Partners
DECEMBER 12, 2024
The coming together of private equity and technology is redefining how organizations operate, innovate, and compete. For private equity backed firms, adopting cutting-edge technological solutions is not just an advantageits a necessity for maximizing efficiency, driving growth, and maintaining a competitive edge.
E78 Partners
DECEMBER 12, 2024
The coming together of private equity and technology is redefining how organizations operate, innovate, and compete. For private equity backed firms, adopting cutting-edge technological solutions is not just an advantageits a necessity for maximizing efficiency, driving growth, and maintaining a competitive edge.
Navigator SAP
MARCH 27, 2023
Fortunately, new and innovative technologies provide businesses with cutting-edge tools designed to accelerate, track and support their research processes and provide them with accurate project and financial data that they can use to improve their daily operations.
Future CFO
DECEMBER 4, 2024
Developing specialised expertise expertise—whether in fundraising, M&A, technological transformation, or another key area—can set you apart as a leader.” A great finance leader sees the bigger picture, understanding how financial data aligns with organisational goals and drives growth.
The Finance Weekly
JANUARY 5, 2025
At their core, finance AI chatbots are virtual assistants designed to automate financial tasks and provide customers with personalized, real-time support. What started as simple, rule-based programs has evolved into smart conversational agents powered by advanced technologies. Automated dashboards and custom reports.
PYMNTS
DECEMBER 29, 2020
Consumer Bank Chief Digital Officer Mike Naggar said the FI aims to provide customers "a choice, convenience and control of their financial data. WEX Talks Bank Partnerships To Advance B2B Payments. Radius Bank Ramps Up SMB Services With Narmi.
Global Finance
OCTOBER 22, 2024
However, due to existing privacy laws and regulations, banks remain hesitant to share financial data. If data is shared, it is done via lateral agreements. From a technology perspective, relying on lateral agreements doesn’t scale well, and participation is entirely voluntary.
The Finance Weekly
DECEMBER 30, 2021
For businesses, this might spell out the adoption of a new strategy, scheduling approach, or technology implementation. Technology implementation has been a popular course of action in recent years for many organizations. Moreover, how do you ensure data quality, security, and privacy as cybersecurity breaches stubbornly persist?
CFO Talks
JANUARY 8, 2025
If someone struggles with presenting financial data, offer tips, resources, or even a mentor to help them improve. Adopt Technology and Innovation Technology is reshaping the finance world, and your team needs to stay ahead of the curve. However, adopting technology isnt just about implementation; its about training.
CFO Talks
NOVEMBER 27, 2024
Review existing data: Look at your company’s historical trends, current financial data, and market research. Even if the data isn’t perfect, it can give you a starting point. Use visuals, like charts or dashboards, to explain financial data. Ask questions: What information do you have now?
Future CFO
JUNE 1, 2022
Rigid data silos have been replaced with more fluid methods of working as technology-enabled collaboration provides a comprehensive, company-wide, real-time overview for agility when plans change. Provide continuing education programs to build resilience and prevent resistance toward new technologies.
Global Finance
DECEMBER 26, 2024
In a 2023 Treasury & Risk survey, over 70% of CFOs emphasized the importance of flexible technology in keeping their treasury operations efficient amid increasing volatility. Treasury functions are no longer isolated; they require seamless communication between ERP systems, banks, and financial data providers.
CFO Talks
FEBRUARY 12, 2025
Use Technology and Automation Modern technology has made financial forecasting easier and more accurate. Many software tools can analyse financial data and provide useful insights. Benefits of using technology: Automates data collection and analysis, saving time and effort.
CFO Talks
FEBRUARY 25, 2025
If both companies involved follow IFRS, negotiations and due diligence become much easier because financial statements are prepared comparably. For example, if a European company wants to acquire a South American firm, IFRS ensures that both parties understand the financial data being reviewed.
https://trustedcfosolutions.com/feed/
MARCH 22, 2023
The Tech Stack for Your Accounts Payable Technology has revolutionized how we do business, and accounting is no exception. You can track invoices, payments, and expenses in real time and securely access your financial data from anywhere. Optical Character Recognition (OCR) Technology. Electronic Payment Systems.
Simply Treasury
JUNE 3, 2021
It also aims at identifying challenges corporate treasurers of MNC’s are facing and technological innovations they intend to implement. Top three treasury priorities in the coming months: Technological innovations. The answers show a certain lucidity on the part of treasurers who seem realistic in their use of new technologies.
PYMNTS
MARCH 4, 2020
Enterprise cloud migrations have opened up the ability for smaller businesses to adopt ERP technology once reserved for the largest corporates. At the same time, a surge in third-party financial platforms has disrupted the flow of data into the ERP, disbursing information throughout the back office. Modernizing the ERP.
Global Finance
FEBRUARY 12, 2025
They value transparency, ease of use, and personalization, putting pressure on asset managers to adopt new technologies and pivot from traditional relationship models. Real-time data access Millennials and gen Z clients have high expectations for immediacy in financial information.
Future CFO
FEBRUARY 2, 2025
In navigating the current world that is ever-changing, evolving constantly with various technological advancements that almost always force their way in to day-to-day routines of organisations, it is a no-brainer that the Finance function has shifted its focus on artificial intelligence for some time now.
CFO Thought Leader
OCTOBER 2, 2024
LaPeer instinctively stepped in, simplifying the explanation of complex details and demonstrating her ability to distill intricate financial data while effectively reading the room. The head of finance for the acquired firm struggled to present the information clearly, while the new owners shifted uneasily in their seats.
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