The Finance Weekly

DECEMBER 1, 2024

The idea is to compare two sets of records—your internal records (like your company’s general ledger) and external ones (like bank statements or vendor invoices). Fixed Asset Reconciliation This type helps you ensure your company’s fixed asset register aligns with your general ledger.

Reconciliations 52

Reconciliations Accounting General Ledger Invoicing 52

CFO Thought Leader

OCTOBER 29, 2024

Right now, many companies receive invoices in paper envelopes. They open the envelope, scan the invoice, manually input the data, and attach the invoice to the system. This manual process can take anywhere between eight and twelve minutes per invoice. We also reduce human error by leveraging machine learning.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) CFO Finance Profit and Loss 52

Bramasol

JANUARY 18, 2024

For example, SAP's Order-to-Cash portfolio, formerly known as BRIM, offers a suite of applications, including Subscription Order Management, Subscription Billing, Convergent Charging, Convergent Mediation, and Convergent Invoicing, along with SAP Revenue Accounting & Reporting (RAR) for revenue compliance.

Compliance 70

Compliance SAP General Ledger B2C 70

https://trustedcfosolutions.com/feed/

APRIL 5, 2023

Streamlines invoicing and payment processes help you get paid faster and reduce the time it takes to close out the month. Uses one set of financials and multi-dimensional reporting with an integrated General Ledger and real-time views of current and historical data.

General Ledger 62

General Ledger Reconciliations Accounting Standards Leverage 62

Planful

JANUARY 3, 2017

General ledger accounting. The data in an ERP system is typically summarized in the general ledger module. The good news here is that EPM systems can often leverage Excel as a front-end, and are designed to integrate with and collect data from multiple sources – ERP, GL, HR, Sales, Marketing, etc.

General Ledger 40

General Ledger Budgeting Forecasting Cash Flow Forecasting 40

PYMNTS

MARCH 19, 2020

Handling onboarding with a one-step solution also gives businesses better understandings of their cash flows, allowing them to leverage additional solutions or innovate their in-house processes. You bring in new vendors [and] you need to be sure how that vendor [is] expecting to be paid.”. Data’s Importance In One-step Onboarding.

Accounts Payable 52

Accounts Payable General Ledger Accounting Technology 52

CFO Thought Leader

AUGUST 5, 2024

For instance, 80% of accounts payable invoices with purchase orders became processed without human intervention, allowing his team to focus on exceptions and strategic tasks. His approach to Lean extended to leveraging AI for forecasting and inventory management, exploring opportunities to further streamline operations.

CFO 52

CFO Accounts Payable Finance Manufacturing 52