Future CFO

DECEMBER 21, 2023

Providing support to an organisation's finance team is a must in intensifying the focus on risk management. In the Association of Chartered Certified Accountants' Rethinking Public Financial Management report, 73.4% of respondents believed risks to their organisations would increase in the future.

Risk Management 52

Risk Management Finance Leadership Communication 52

Future CFO

SEPTEMBER 3, 2024

Mayank Goel According to Goel, CFOs can leverage taxes strategically and navigate tax policy discussions effectively through various measures. 1. Strategic Tax Planning and Risk Management - CFOs need to view taxes beyond mere compliance. The post How CFOs can leverage taxes strategically appeared first on FutureCFO.

Leverage 59

Leverage Tax Planning Restructuring Strategic Planning 59

Future CFO

OCTOBER 23, 2023

When it comes to third-party risk management, organisations are redefining their approaches, with a focus on talent and strengthening the role of executive leadership on third-party risk management teams, said Deloitte recently when releasing results of a survey.

Risk Management 52

Risk Management Leadership Prioritization Budgeting 52

PYMNTS

JULY 27, 2020

Coupa , which works in business spend management, is rolling out new capabilities to help with businesses’ spend visibility while lowering risk, through a cloud-based platform, according to a press release.

Risk Management 60

Risk Management Invoicing Currencies Leverage 60

Future CFO

SEPTEMBER 2, 2024

Concurring with this assessment, Sunil Wahi , vice president of APAC solution engineering, applications at Oracle , says there is strong potential for AI to be leveraged in different use cases to help draw insights and make businesses more compliant and efficient.

Compliance 116

Compliance Leverage Forecasting Risk Management 116

PYMNTS

JUNE 17, 2020

The solution will mitigate and reduce risk by verifying if information pertaining to suppliers is complete and correct. It will also leverage third-party data in order to streamline the process of checking for risks, so that businesses can approve new suppliers without having to leave the program.

Risk Management 56

Risk Management Auditing Compliance Leverage 56

Future CFO

DECEMBER 17, 2024

Regulatory demands : Rising regulatory requirements, particularly in AML and cybersecurity, necessitate that banks prioritise IT investments, directly influencing CFOs financial planning and risk management. CFOs should leverage sustainability-linked loans tied to Key Performance Indicators (KPIs) to secure favourable financing terms.

Banking 98

Banking Risk Management Leverage Compliance 98

Global Finance

NOVEMBER 1, 2024

It has implemented climate risk management and disclosure under the framework of the United Nations Principles for Responsible Banking (PRB) and the Task Force on Climate-related Financial Disclosure (TCFD). Strengthening ESG Risk Management BOC has prioritised customer Environmental, Social, and Governance (ESG) risk management.

Finance 90

Finance Banking Risk Management Construction 90

Future CFO

FEBRUARY 7, 2024

Treasurers are expected to grapple with the implications of these shifts and strategise on leveraging technology to enhance efficiency and adapt to the evolving work environment. Treasurers need a comprehensive understanding of their exposures, including global risks and counterparty risks.

Treasury 105

Treasury Technology Cash Flow Forecasting Leverage 105

The Finance Weekly

OCTOBER 13, 2021

Additionally, given the significance of new technologies in today’s context of business, FCs need to know how to leverage technical innovations to manage risk and generate value. A collaborative approach can also vastly improve risk management. A prime example of such innovations is of course CPM software.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Strategic Planning 52

Global Finance

JULY 26, 2024

Established in 2021, Energy Grid is a provider of risk management solutions to Japanese businesses, helping them navigate price volatility in the energy sector, in particle the electricity market. Citadel’s commodities division led the deal. Japan is the world’s fourth-largest importer of oil, much of it coming from the Middle East.

Marketing 84

Marketing Risk Management Finance Leverage 84

Future CFO

APRIL 30, 2024

In addition, risk management processes typically deal a lot with information processing and preparation, which Chng says makes everything time consuming for analysts to sift through and extract thematic issues that may not be immediately obvious. Understand the impact of inaccuracies of the output to the business.

Finance 97

Finance Risk Analysis Financial Modeling Leverage 97

Global Finance

JUNE 14, 2024

Banks are now prioritizing four key areas: liquidity management with a balanced portfolio view including commercial real estate (CRE), enterprise protection with anti-fraud and cybersecurity, operational resiliency and sustainability with climate risk and green products. Overall, balanced risk management is the ultimate goal for banks.

Leverage 93

Leverage Risk Management Compliance Concentration 93

PYMNTS

OCTOBER 7, 2020

Risk Management. Risk management is critical, said Yin. Better risk management comes through leveraging alternative data sources through industry conduits. Through digital payment obligations — which Yin said is “new way to do B2B payments “— SMBs can better navigate cash flow challenges.

Finance 95

Finance Risk Management B2B Construction 95

CFO News

AUGUST 26, 2024

With consumer preferences shifting rapidly, leading CFOs have stressed on efficient stock rotation, leveraging real-time data, and proactive risk assessment.

Risk Management 40

Risk Management Retail Leverage 40

PYMNTS

NOVEMBER 3, 2020

The release stated firms have more often been looking for data to validate their own internal counterparty and credit risk assessment. Firms can bolster risk management, loan and debt underwriting, portfolio optimization, supply chain risk management and investment idea generation, the release stated.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

Global Finance

DECEMBER 5, 2024

The leveraging of IP addresses in attacks reinforces the view among cyber defenders that hackers are “compromising” domestic smart appliances like washing machines and refrigerators to create bot networks ahead of cyber strikes against banks’ critical IT infrastructure, said Sara Mella, the Nordea Bank’s Head of Private Customers Nordic.

Banking 83

Banking Risk Management Leverage Finance 83

CFO Leadership

APRIL 10, 2023

With increased risk comes the need for increased duty of care. A realistic duty of care policy goes hand-in-hand with effective travel risk management. That risk varies based on an organization’s size, industry, and scope of business travel. Leverage technology. Be personal.

Risk Management 97

Risk Management Communication Leadership Benchmarking 97

CFO Talks

OCTOBER 16, 2024

Focus on Risk Management Every financial project comes with risks—whether it’s budget overruns, delays, or unforeseen challenges. A proactive approach to risk management can save a project from failure. Keep the lines of communication open throughout the project.

CFO 98

CFO Risk Management Communication Financial Systems 98

CFO News Room

NOVEMBER 12, 2022

In March 2022, the SEC issued a proposed rule titled Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure. Recent research we conducted with research partner Proofpoint showed that almost two thirds of board members believe the organization is at risk of a material cyber attack.

Risk Management 130

Risk Management Planning Investments Economics 130

CFO Talks

OCTOBER 8, 2024

While some team members may be proficient in traditional accounting practices, others may excel in data analytics, risk management, or even tech-driven financial innovations. Leverage Each Team Member’s Strengths One of the key skills of an effective CFO is recognising and leveraging the unique strengths of each team member.

Finance 98

Finance Problem Solving CFO Communication 98

Global Finance

DECEMBER 27, 2024

As CFOs navigate this complex terrain and adapt their business processes, and decide how large a financial commitment to make to it, they must understand the implications for their financial models, risk management practices, and overall business operations. We dont always see that happen, she says.

Technology 108

Technology Finance Leverage Investments 108

CFO Plans

OCTOBER 29, 2024

This proactive approach not only aids in financial risk management but also equips businesses with the foresight needed to navigate uncertainties confidently. Negotiating favorable payment terms and leveraging early payment discounts are strategies that optimize cash reserves.

Accounts Payable 52

Accounts Payable CFO Budgeting Invoicing 52

PYMNTS

APRIL 2, 2020

billion by 2025, with banks of all sizes leveraging such capabilities. It is key to risk management functions, which entail assessing the likelihood that any given transaction could be fraudulent or present a credit risk. One of the most powerful tools in the financial sector is data analytics.

Banking 94

Banking Risk Management Credit Risk Advertising 94

CFO Share

JULY 16, 2024

For small businesses employing a fractional CFO , understanding the core responsibilities of a CFO can help leverage their expertise effectively. They focus on data accuracy and regulatory compliance, rely on regimented processes, and are generally wary of change.

Financial Planning and Analysis (FP&A) 98

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

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 Talks

FEBRUARY 2, 2024

In the evolving role of a Chief Financial Officer (CFO), mastering risk management, budgeting, and forecasting tools is crucial. Risk Management: Effective risk management is a multifaceted approach, involving more than just financial analysis.

CFO 52

CFO Risk Management Strategic Planning Forecasting 52

PYMNTS

OCTOBER 1, 2020

The collaboration will extend Los Angeles-based Verifi’s dispute management offerings to Kount’s platform, with solutions that help businesses to manage disputes, prevent chargebacks, give issuers and customers access to enhanced transaction information, provide fraud notifications, and stop fraudulent transactions. .

Profit and Loss 73

Profit and Loss Risk Management Communication Leverage 73

Future CFO

APRIL 4, 2022

Data and analytics leaders should embrace three imperatives when leveraging the top trends for 2022 in their enterprise, said Gartner recently. The 2022 trends in this category include: connected governance, AI risk management, vendor and region ecosystems, and expansion to the edge.

Auditing 98

Auditing Risk Management Leverage Technology 98

CFO Leadership

OCTOBER 10, 2023

While this technology is still in its infancy, understanding its current and future capabilities, potential risks and basic risk management can help business leaders make better decisions. In terms of risk management, we typically consider frequency and severity of perils. What is Artificial Intelligence?

Risk Management 105

Risk Management Healthcare Leadership B2C 105

CFO News

JANUARY 5, 2025

India Inc's CFOs list ESG integration, AI-driven digital transformation, cost optimisation, and risk management as their priorities to go about the uncertainties to come.

Risk Management 45

Risk Management Leverage Technology 45

PYMNTS

MAY 5, 2020

That improvement of fraud detection and prevention, he said, comes courtesy of the direct digital connection that has been created by issuers, spanning text messaging and email functionality, which are leveraged to confirm purchases. Interacting With The Cardmember.

Leverage 78

Leverage Risk Management Education Communication 78

PYMNTS

JUNE 22, 2020

Bad actors, are, increasingly, targeting online card applications, using stolen personally identifiable information to apply for credit, leveraging those ill-gotten credit lines to make fraudulent purchases. Barrett told Webster the new risk solution provides a more complete and accurate picture of applicants’ identities.

Risk Management 77

Risk Management Leverage Accounting Compliance 77

PYMNTS

APRIL 23, 2020

Cannabis operations that partnered with Hypur to leverage the company’s financial technology can tap into the digital HypurPay app to access a safer and more convenient payment environment. The collaboration builds on Hypur’s extensive network of financial institutions (FIs), according to an announcement. .

Risk Management 72

Risk Management Compliance Leverage Startups 72

Barry Ritholtz

MARCH 20, 2023

That was the best definition I could come up with: “ When an individual or company, through their own behavior and risk management, suffers a disastrous loss — but is then somehow made fully (or even partially) whole, and they do not have to suffer the impact of their own decision-making.”

Profit and Loss 130

Profit and Loss Banking Risk Management Financial Systems 130

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. Predictive analytics can forecast future financial scenarios with greater accuracy, contributing to risk management and strategic planning. Not anymore.

Treasury 82

Treasury Cash Flow Forecasting Forecasting Cash Management 82