The Finance Weekly

FEBRUARY 22, 2025

Workday Adaptive Planning aims to solve this problem by offering a cloud-based Financial Planning & Analysis (FP&A) solution with AI-powered forecasting, budgeting, and workforce planning tools. Budgeting & Forecasting - Automate budgeting processes and generate real-time financial forecasts based on live data.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

NOVEMBER 3, 2021

Account reconciliation is the matching and validating of balances in the general ledger (GL) to internal and external sources or other independent calculations to accurately close month-ends and year-ends. Defining Account Reconciliation The basic steps involved in reconciliation transactions include the following: 1.

Reconciliations 52

Reconciliations Accounting General Ledger (GL) Finance 52

E78 Partners

NOVEMBER 19, 2024

Ensure that impairment analyses are completed according to audit priorities, with asset groupings and forecast data that align with GAAP standards. These items require precise calculations, detailed documentation, and often the input of specialists.

Auditing 52

Auditing GAAP Restructuring Compliance 52

Jedox Finance

SEPTEMBER 29, 2021

Those are all good approaches, but SPM must be holistic and combine those approaches and offer better planning, forecasting, and control of different stages of sales processes. Without a unified approach, SPM systems may not be able to provide full insights, and the monitoring and on-going forecasting will be more challenging.

Financial Planning and Analysis (FP&A) 124

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

CFO Talks

MARCH 25, 2025

Heres what this looks like in the real world: Month-end close that runs smoothly because reconciliations are automated and flagged issues are dealt with daily, not at the eleventh hour. And in a world where compliance failures, bad calls, and poor forecasting can cost you your job, it gives you cover and confidence.

CFO 52

CFO Reconciliations Finance Auditing 52

Future CFO

JUNE 24, 2024

The budget and forecast should reflect the Company’s plans, visions, expectations and educated guesses on the market trends. For finance leaders, Gen AI can help in cash flow projections, impact analysis for tax strategies, forecast outcomes for mergers and acquisitions and even various scenarios of capital planning.

Auditing 111

Auditing Financial Analysis Forecasting Reconciliations 111

Simply Treasury

JUNE 3, 2021

Major priorities over the next one to two years: We are not surprised that Cash-Flow Forecasting comes out on top when the COVID crisis has been hitting us for the past year. The uncertainties surrounding the economy explain the difficulty in producing reliable and accurate forecasts. François Masquelier, Vice Chairman EACT.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

Fpanda Club

APRIL 11, 2021

Repetitive operations such as data acquiring, verification, reconciliation and further regular reporting tasks based on these manipulations with historical data contributed to the bad reputation of FP&A as an uninteresting place to work. Forecasts should be as accurate as possible. FP&A is boring. HOW TO DEAL WITH.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Forecasting Budgeting Financial Modeling 130

Centage

SEPTEMBER 6, 2022

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. While spreadsheets are commonly used and easy to modify, they are not designed to store and protect sensitive information. You might be thinking, “If not Excel, then what?”

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

Future CFO

AUGUST 1, 2023

Supriya Deka: The general features of financial applications include accounting, reporting & analytics, bank reconciliation, billing & invoicing, asset management, budgeting & forecasting, financial risk management, expense tracking, and payroll management.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

Global Finance

SEPTEMBER 9, 2024

And while the latest tools of the trade—artificial intelligence (AI) and machine learning (ML)—promise to make tasks such as liquidity forecasting, cash management, and risk management easier, they come with their own complications and tie the treasury team even more closely into management’s strategic planning.

Treasury 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

Future CFO

MARCH 10, 2025

Key trends shaping the future of finance Cheah identifies several critical trends that CFOs should monitor to leverage technology effectively: Autonomous finance : One of the most significant trends is the rise of autonomous finance, which aims to automate routine tasks such as reconciliation and reporting.

Finance 52

Finance Invoicing Compliance Leverage 52

PYMNTS

MARCH 18, 2020

As Biegel explained, a lack of data standardization across payment tools remains a challenge to the reconciliation and cash application process, even when that data is electronic. The lockbox offers an important step toward digitizing data in check transactions, which is key to reconciliation and cash application processes.

Reconciliations 80

Reconciliations Invoicing Communication B2B 80

PYMNTS

OCTOBER 6, 2020

In addition, customers can now obtain multiple pictures of checks that have been posted to their accounts to help with account reconciliation with the check image retrieval API. Furthermore, those who work in treasury can access reports seamlessly and maximize the potency of their information with a CashPro reporting API.

Treasury 75

Treasury Foreign Exchange Banking Reconciliations 75

PYMNTS

JANUARY 8, 2021

One thing is customer service, but the other is liquidity management or cash flow forecasting, and that's new to a lot of organizations.”. To facilitate this transition in handling 24/7 cash flow, Whisler said TCH offers services such as intraday reconciliation.

Cash Flow Forecasting 139

Cash Flow Forecasting Banking Education Reconciliations 139

PYMNTS

JULY 10, 2019

The payments and technology giant announced Tuesday (July 9) the rollout of its Virtual Card Receivables Service, a tool to digitize the virtual card payment acceptance and reconciliation process for businesses.

Cash Flow Forecasting 62

Cash Flow Forecasting Reconciliations Invoicing B2B 62

PYMNTS

NOVEMBER 12, 2020

Digitization efforts are being debated at a much more senior level, where treasurers are becoming more strategic in their outlook toward using data for cash flow forecasting and liquidity management. Businesses today “deal with dealers, distributors or other kinds of intermediaries.

Treasury 118

Treasury Cash Flow Forecasting Reconciliations Prioritization 118

Global Finance

JULY 2, 2024

XML also integrates easily with solutions like cash forecasting, cash pooling, automated reconciliation and refined parameters “on behalf of payments,” bringing Virtual IBAN capabilities to life. This enhances financial evaluation and speeds up decision making at lower costs.

Reconciliations 64

Reconciliations Treasury Compliance Forecasting 64

PYMNTS

OCTOBER 30, 2020

Leybaert noted that, looking ahead, the company will be exploring cash flow forecasting capabilities that make use of the purchase order, invoice and payment data already at the company's disposal. They can pay it immediately, without typing in data because it's already extracted for them," said Leybaert.

Invoicing 110

Invoicing Cash Flow Forecasting Reconciliations Forecasting 110

PYMNTS

JULY 10, 2019

Traditional accounts payable suffers multiple points of friction often rooted in that data is stored on paper or stuck in emails, is rarely integrated across multiple back-office systems, and is not easily digitized and analyzed for reconciliation and cash management purposes. Open Banking. Bank-FinTech Collaboration.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

Jedox Finance

OCTOBER 29, 2021

A software solution that offers a single source of truth and ends the need for manual data reconciliation provides the opportunity to bridge that gap. This allows concrete plans to be drawn up based on relevant data and progress to be continuously monitored with the power of automated sales forecasts.

Sales 116

Sales Profit and Loss Reconciliations Planning 116

Global Finance

JULY 26, 2024

Payable , another double winner, takes both Best Cash Forecasting Solution and Best Treasury Analytics Provider. Boasting a robust back office, it provides treasury analytics with real-time key performance indicators, a modern and intuitive user experience, process automation, and exception-based management.

Cash Management 111

Cash Management Treasury Foreign Exchange Banking 111

CFO Share

MAY 22, 2024

Without clear financial statements, it’s challenging to understand your business’s financial health, forecast cash flows, and manage expenses effectively. Check the last reconciliation date for all cash and credit card accounts. Investors won’t have confidence in your business.

Profit and Loss 105

Profit and Loss General Ledger Accounting Financial Reporting 105

PYMNTS

MARCH 4, 2020

“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.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

JULY 2, 2020

In addition to ensuring PCI compliance and the protection of sensitive transaction information, straight-through processing also means vendors gain access to valuable data to automate reconciliation, integrate information into ERP and accounting platforms, and analyze trends to drive more accurate forecasts.

Economics 104

Economics Accounts Payable B2B Reconciliations 104

PYMNTS

APRIL 14, 2020

As a treasurer, maybe you would conquer the first few things, which are visibility and reconciliation, and then you would move into other niche areas that you want to automate further to add strategic value to the business.”. “Digitization is not about reaching a destination as you are constantly pushing the envelope,” Rangachari said. “As

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

CFO Leadership

OCTOBER 10, 2023

Many have since advanced to intelligent process automation (IPA) — RPA amplified with artificial intelligence (AI) — to streamline and improve more complex work, from tax and compliance reporting to financial statement reconciliation. over at least the next decade.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

CFO Share

OCTOBER 13, 2023

These components aren’t just indicators of present stability—they forecast future success. Key takeaways for business leaders include: Maintaining an emergency fund for unforeseen expenses Timely collection of accounts receivable Monitoring inventory and purchasing vs. forecasts to avoid overstocking.

Cash Flow Forecasting 52

Cash Flow Forecasting Profit and Loss Forecasting Startups 52

CFO Share

JUNE 25, 2024

Some bookkeepers code transactions but neglect to perform reconciliations. While cash-basis is simple to understand, it obscures your business’s true profitability and, ironically, makes cash flow forecasting impossible. Regularly reconciling all accounts, not just cash, is crucial to accurate business reporting.

Financial Reporting 52

Financial Reporting Reconciliations Cash Flow Forecasting CFO 52

Future CFO

MAY 23, 2024

These new AI capabilities build on existing AI features of CCH® Tagetik, like Predictive Intelligence and Transaction Matching , which already empower users to create explainable, insight-driven predictive forecasts, accelerate data reconciliation and improve decision making.

Finance 52

Finance Reconciliations Forecasting Financial Data 52

PYMNTS

JANUARY 19, 2021

The enhanced data they’re able to generate through virtualization simplifies reconciliation and gives them access to reporting, enabling them to better forecast future cash flows,” Blair explained.

B2B 93

B2B Invoicing Reconciliations Treasury 93

PYMNTS

NOVEMBER 24, 2020

Estimates from from Frost & Sullivan earlier this year forecast the B2B eCommerce market to hit more than $6.6 There is also a slew of manual work typically linked to other processes including administrative tasks like invoicing and reconciliation. trillion worth of sales — significantly more than the estimated $3.2

B2B 72

B2B eCommerce B2C Reconciliations 72

PYMNTS

MARCH 27, 2019

“By streamlining supplier onboarding, tax compliance, invoice processing, global payments and payment reconciliation, Tipalti helps modern finance organizations strategically scale more rapidly and efficiently.” The enhanced integration aims to strengthen control and communication for both ends of the transaction.

B2B 46

B2B Accounts Payable Reconciliations Cash Management 46

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

Global Finance

JULY 26, 2024

This diversity of problems challenges companies to manage their cash flow effectively, elevating the need for data insights on cash flows to create more-accurate forecasts; requiring integration from local banking partners to deliver treasury solutions.

Cash Management 52

Cash Management Treasury Reconciliations Currencies 52

The Finance Weekly

APRIL 5, 2022

The impact of data driven financial analysis goes well beyond its traditional role of budgeting and forecasting, and has the potential to contribute greatly as a forward thinking department for real-time decision making. More accurate forecasting. The cooperation between IT and finance has never been more important.

Financial Planning and Analysis (FP&A) 52

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

CFO Talks

JANUARY 30, 2023

Increased automation of financial processes such as accounts payable, bank reconciliations, financial closes and reporting is freeing up the CFO’s time, enabling them to focus their energies on analysis and storytelling rather than crunching numbers.

Finance 52

Finance Accounts Payable CFO Forecasting 52