Fpanda Club

MARCH 28, 2021

Recent technological advancements and constant changes in the business environment enable the finance function in general and FP&A teams in particular to adopt new ways of work, new practices, new tools to meet the needs of their internal and external customers.

Forecasting 130

Forecasting Budgeting General Ledger Finance 130

PYMNTS

NOVEMBER 2, 2018

Payroll technology firm ADP is strengthening its integration into Intuit ‘s QuickBooks platform, the company said Thursday (Nov. That deal sees employees able to access their wages more quickly, with Ingo providing push payment technology for workers to use their mobile phones to cash checks or load funds to ADP payroll cards.

General Ledger 62

General Ledger Accounts Payable Benchmarking Accounting 62

PYMNTS

JANUARY 26, 2018

Technology is now instrumental to corporate accountants’ jobs, and to their efforts to overcome challenges like a lack of transparency and understanding of financial data. And, according to close management software company FloQast , the technologies that are impacting the market are also continually evolving.

General Ledger 47

General Ledger Benchmarking Reconciliations Accounts Payable 47

PYMNTS

FEBRUARY 13, 2019

Data integration between back-office platforms is now an essential component for businesses deciding to adopt a technology. “Integration in the technology space has gone from really hard, and in some cases impossible, to now very possible — but that doesn’t necessarily make it easy,” Love told PYMNTS in a recent interview.

Finance 75

Finance General Ledger Accounts Payable Math 75

PYMNTS

MARCH 31, 2020

The technology works in the background to provide correct approval routing and general ledger (GL) coding at the bill as well as bill line level. The technology also is designed to identify and lessen the impacts of issues such as validating supplier profile and payment data as well as pinpointing possible fraud risk.

Accounts Payable 53

Accounts Payable General Ledger (GL) Accounting General Ledger 53

PYMNTS

JANUARY 14, 2019

The company acquired cloud integration technology provider Babelway and is now providing the latter’s technology under the name Tradeshift Link. The technology is designed to support faster, simpler integration of the various systems involved in B2B buying, selling and payments.

Banking 57

Banking General Ledger B2B Treasury 57

Centage

JANUARY 18, 2022

Through the adoption and use of technology and digital tools, organizations are experiencing better and more accurate forecasting, decision making and planning.

Budgeting 111

Budgeting Forecasting Financial Planning and Analysis (FP&A) General Ledger 111

PYMNTS

FEBRUARY 26, 2020

With technology to sit in the middle of a buyer-supplier relationship, solution providers can offload some of the supplier management burden on the buy-side. They need the remittance data, whether it’s incoming or outgoing, to be able to sync up with their general ledger system.”.

Accounts Payable 72

Accounts Payable Accounting Invoicing General Ledger 72

CFO Talks

JUNE 23, 2022

An effective financial team should be able to build frameworks to create “data lakes” for general ledger information, inventory, HR information, sales data and external information. Partnering with the CEO and CRO can help establish a team that can use the technology to create these frameworks. Here’s how you can build one.

Finance 52

Finance General Ledger CFO Accounting 52

Embark With Us

JANUARY 19, 2022

To that point, recent research found 89% of workers to be more satisfied with their jobs after their employer implements automation technologies. Otherwise, they slowly disengage and, ultimately, leave the organization for one that actually provides such challenging, satisfying work.

Accounting 98

Accounting Finance Data Analysis General Ledger 98

Future CFO

SEPTEMBER 26, 2022

Finance has also invested heavily in technology to reduce time to close, with three technologies deployed by more than half of functions already: general ledger technology, a financial close solution, or workflow automation, Gartner said. 86% said they wanted a faster, real time close.

Finance 52

Finance General Ledger Reconciliations Auditing 52

https://trustedcfosolutions.com/feed/

APRIL 5, 2023

Uses one set of financials and multi-dimensional reporting with an integrated General Ledger and real-time views of current and historical data. Move Beyond Traditional Manual Processes With Sage Intacct In the world of modern business and new advancements, companies need to leverage technology to stay competitive and drive growth.

General Ledger 62

General Ledger Reconciliations Accounting Standards Leverage 62

PYMNTS

DECEMBER 9, 2020

data entry into our general ledger accounting system,” he explained. Payments automatically decline if a technology provider increases its prices significantly above the rate that has been set on a virtual card, for example, and the company would get notified upon the transaction’s decline.

General Ledger 62

General Ledger Budgeting B2B Accounting 62

PYMNTS

FEBRUARY 25, 2020

New technology solutions are stepping onto the market to help automate accounts receivable, accounts payable and the act of supplier payments, as well as other processes surrounding these fields, like trade finance, cash flow management and accounting. There’s nothing more valuable than remittance data. This is what businesses are asking for.

B2B 69

B2B Accounts Payable General Ledger Reconciliations 69

PYMNTS

MARCH 10, 2020

But this category of software has, in recent years, evolved within silos as technology providers tackle particular spend scenarios like accounts payable (AP) and employee expenses. The many layers of spend management software traditionally have had nothing to do with payments,” he said in a recent interview. The Data Friction of Silos.

Accounts Payable 58

Accounts Payable General Ledger Budgeting Reconciliations 58

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. For both internal and external sources, each balance has to match the corresponding account in the general ledger.

Reconciliations 52

Reconciliations Accounting General Ledger (GL) Finance 52

PYMNTS

MARCH 19, 2020

Such technology can also help companies keep up with competitors by eliminating frictions throughout the AP process involving onboarding vendors and tracking payments. … [That] really means manual work for the AP team.”. Cash flow and AP automation innovation. How is their future AP going to play into that?’”.

Accounts Payable 52

Accounts Payable General Ledger Accounting Technology 52

Bramasol

NOVEMBER 13, 2023

Listen First and Meet Clients Where They Are No matter how much expertise your team accumulates, it is also very important to remember that every client situation is unique and therefore requires the ability to adapt your best practices, IP and technology solutions to their specific needs.

SAP 72

SAP General Ledger IFRS Compliance 72

Centage

OCTOBER 3, 2022

While Excel is better than completing a budget with paper and pen, with today’s advanced technology and companies’ heightened need for efficiency, it may not be the best available solution for your business. If your company is growing rapidly, Excel spreadsheets may take up time you cannot spare.

Forecasting 98

Forecasting Budgeting Data Analysis Financial Modeling 98

https://trustedcfosolutions.com/feed/

JUNE 15, 2021

Technology has entered a new frontier, moving from the Age of Information to the Age of Answers. Intelligent General Ledger. Emerging technology underpins the evolution of the CFO role from historian, to a real-time analyst, to a world where they can strategize with certainty. AI, ML, BI – Who cares? And that’s not all.

General Ledger 57

General Ledger CFO Financial Data Budgeting 57

Bramasol

JULY 26, 2024

As shown below, everything that is needed can be combined within a unified architecture that leverages the inherent scalability of S/4HANA Public Cloud and SAP Business Technology Platform (BTP).

SAP 79

SAP IFRS GAAP Compliance 79

The Charity CFO

OCTOBER 9, 2024

Modern nonprofit leaders are always looking for ways to use technology to make everyday tasks easier. This makes it challenging to create technology that tracks data for fundraising purposes while still following accounting principles. So why does it seem so hard to find this unicorn platform?

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

VCFO

MAY 19, 2023

Technological in Nature The R&D activity in question must be rooted in the hard sciences, namely physics, chemistry, engineering, computer science, etc. The element doesn’t have to be new to the industry – just new to the business. There is no requirement, however, to carve out new ground in these disciplines.

General Ledger 69

General Ledger Startups CFO Finance 69

CFO Simplified

APRIL 15, 2022

Even though the machines are readily available, this is still bleeding edge technology for most companies. The general ledger layout is generic in nature. In the process, they may make use of new technology, or find unique ways of creating products, or reducing costs through operational efficiencies.

Manufacturing 52

Manufacturing General Ledger Budgeting CFO 52

The Finance Weekly

MAY 20, 2024

During bank reconciliation, companies compare their bank statements with the cash accounts in their general ledger , identifying discrepancies and making necessary adjustments for unrecorded transactions, like outstanding deposits or new bank fees.

Reconciliations 52

Reconciliations Banking General Ledger Accounting 52

PYMNTS

AUGUST 5, 2016

The market is on the cusp of a groundswell of adoption of these technologies, says Therese Tucker, CEO of accounting solutions firm BlackLine , after a long lull among mid-market firms. “Across the board, in the past, accounting has been very underserved by technologies because they’re the last to get budget,” she explained.

Accounting 42

Accounting Reconciliations General Ledger Auditing 42

PYMNTS

NOVEMBER 6, 2019

These changes must be accurately reflected on invoices, but when usage exceeds high volumes for a large, multinational conglomerate, it’s particularly difficult for an AP executive — likely not an expert in telecommunications technology — to assess whether their firm is being billed correctly based on usage and contractual agreements.

Invoicing 40

Invoicing Accounts Payable General Ledger Forecasting 40

The Finance Weekly

MARCH 1, 2022

At this stage of maturity, the FP&A function or team is frequently a component of other financial entities such as accounting, treasury, or the finance function in general, with roles and responsibilities that are not clearly defined and processes that lack formal description. The toolkit is the final component.

Financial Planning and Analysis (FP&A) 52

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

Creative CFP

OCTOBER 2, 2020

There is drill-down functionality available from the general ledger, and you can click right through to the supplier invoice. The routine tasks are necessary, but with this great new technology available you do not have to waste time by doing it yourself anymore. We switched from a desktop accounting software to Xero.

Accounting 52

Accounting Finance Cash Flow Forecasting General Ledger 52

BlueLight

JULY 16, 2020

My first startup was an equity research firm focused on operational data; we were early adopters of cloud technology and used software to automate systems to pull unstructured data and scrubbing it into a usable structured format. Unfortunately, that journey came to an end because of The Great Recession.

Startups 52

Startups CFO Reconciliations General Ledger 52

Spreadym

JULY 10, 2023

Subsidiary Ledgers and Reconciliations: Subsidiary ledgers, such as accounts receivable and accounts payable, are reconciled to the general ledger to ensure consistency and accuracy. These entries correct errors, allocate costs, or reclassify transactions to the appropriate accounts.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

The CFO College

JUNE 3, 2021

As technology develops at breakneck speeds, some companies are under the impression that bookkeepers are no longer relevant, or that they are no longer able to provide valuable services. Increase Your Value and Boost Your Services with Two CFO-Level Accounting Tools.

Accounting 52

Accounting CFO Auditing General Ledger 52

Planful

FEBRUARY 16, 2017

These systems are designed to automatically load data from multiple general ledgers (GL) and other sources – both on-premises and in the cloud. Cloud-based technology has transformed the year-end close process. You and your staff don’t have to worry about which information is correct and/or up-to-date anymore.

Numbers 40

Numbers General Ledger (GL) General Ledger Financial Reporting 40

Centage

OCTOBER 3, 2022

While Excel is better than completing a budget with paper and pen, with today’s advanced technology and companies’ heightened need for efficiency, it may not be the best available solution for your business. Automate integrate your general ledger with our software. Choose Planning Maestro® Over Excel Spreadsheets.

Forecasting 52

Forecasting Budgeting Data Analysis Financial Modeling 52

Centage

JANUARY 9, 2024

Through the adoption and use of technology and digital tools, organizations are experiencing better and more accurate forecasting, decision making and planning. Flexible FP&A software lets you update plans monthly, quarterly, or on an ad-hoc basis.

Forecasting 40

Forecasting Budgeting General Ledger Planning 40

The Charity CFO

APRIL 25, 2024

In this case study, we’ll explore real stories of nonprofits who have transformed their organizations by using technology to streamline their financial infrastructure. We know what a nonprofit goes through each day, and we utilize technology to simplify our clients’ accounting processes.

Nonprofit 52

Nonprofit Accounting CFO Auditing 52

CFO Talks

FEBRUARY 20, 2024

The conversation delves into the evolving landscape of the telecom industry, the impact of technology on business models, and the necessity for CFOs to embrace change and innovation, particularly in leveraging AI for forecasting and strategic planning. And there’s this SME development that they’re doing. And that’s all.

Leadership 52

Leadership CFO Accounting Finance 52