E78 Partners

DECEMBER 19, 2024

The Benefits of Co-Sourcing for Fund Managers 1. Streamlined Operations Co-sourcing partners bring specialized expertise and scalable resources to manage complex functions like investor reporting, compliance, and reconciliations. Scalability Without Overhead As funds grow, operational demands increase.

Compliance 52

Compliance Reconciliations Risk Management Technology 52

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.

Finance 104

Finance Accounting Principles Problem Solving Accounting 104

Simply Treasury

JUNE 3, 2021

automatic reconciliation, Straight Through Processing / STP, use of mass data, etc.). Pull quotes: “In terms of top priorities for Treasurers, not surprisingly, future cash-flow forecasting is largely in the lead, followed by the digitalization of the treasury function and then financial risks management”.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 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 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

PYMNTS

JULY 10, 2019

Cross-border commercial payments and FX management firm Cambridge Global Payments said in a press release Tuesday (July 9) that its Invoice Automation Solution is now available as an integrated tool that streamlines the invoice-to-pay process for cross-border transactions.

Foreign Exchange 64

Foreign Exchange Accounts Payable Invoicing Reconciliations 64

PYMNTS

NOVEMBER 16, 2020

As a result, businesses are placing renewed focus on risk management, control environments and cash flow optimization. This will help customers access more flexibility in things like account reconciliation, journal entry, task management and Smart Close technologies that BlackLine uses.

SAP 75

SAP Reconciliations B2B Risk Management 75

PYMNTS

FEBRUARY 27, 2019

Inefficient payments are all too common in the $17 billion youth sports industry, where paper-based processes can cause problems, ranging from slow compensation to referees to human error in manual reconciliation. However, new payment rails are also opening new lines of attack for fraudsters.

Reconciliations 57

Reconciliations Risk Management Leverage Securities 57

PYMNTS

MARCH 6, 2019

One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. It’s no secret that transactions done between businesses, or across borders, can be mired in manual tasks.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

Strategic Treasurer

MARCH 21, 2022

Data related to bank account management and reconciliation practices is also gathered for a more comprehensive view of how various treasury operations impact security. Cyber Risk Management and Data Protection Policies. Bank Account Management, Reconciliation & Compliance Practices.

Treasury 52

Treasury Reconciliations Securities Risk Management 52

PYMNTS

AUGUST 13, 2019

Brexit-related volatility and the subsequent fluctuation of the pound has some businesses realizing they are no longer able to put off establishing an FX risk management strategy. At the same time, however, these events also raise awareness as to the importance of currency risk management and hedging strategies.

Foreign Exchange 72

Foreign Exchange Accounts Payable Risk Management Reconciliations 72

PYMNTS

JANUARY 20, 2020

In the old days, however, those in the payments business would generally split the payment lifecycle into what many people would call the front end and the back end — or payments transaction processing and then clearing, settlement and reconciliation. reconciliation).

Reconciliations 58

Reconciliations B2C Risk Management B2B 58

Global Finance

JULY 26, 2024

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. Payable , another double winner, takes both Best Cash Forecasting Solution and Best Treasury Analytics Provider.

Cash Management 111

Cash Management Treasury Foreign Exchange Banking 111

CFO Plans

SEPTEMBER 24, 2024

From daily transactions to monthly reconciliations, comprehensive accounting solutions cover all bookkeeping needs, ensuring accuracy and efficiency. Identifying potential threats, developing risk management strategies, and implementing measures to protect your business’s financial health are crucial steps to safeguard your future.

Accounting 52

Accounting Tax Planning CFO Risk Management 52

PYMNTS

SEPTEMBER 29, 2017

One of the most crucial areas for banks’ treasuries is risk mitigation , which, according to Beaulande, has become more complex as it relates to other areas of treasury management. Managing liquidity and credit risk are definitely of main concern to FIs.

Treasury 56

Treasury Banking Compliance Risk Management 56

Strategic Treasurer

APRIL 3, 2023

In this survey, treasury and finance professionals were asked questions on the following topics: Fraud Experience: Frequency of Attacks, Source of Attacks, and Method(s) of Attack Security Practices Employed (Both Human & Technological) Cyber Risk Management and Data Protection Policies Investments in Security & Fraud Prevention Technology (..)

Treasury 52

Treasury Reconciliations Risk Management Education 52

PYMNTS

NOVEMBER 8, 2017

It’s pretty easy to look at transaction networks [and] reconciliation between participants and see that it’s something that can be simplified through the use of distributed ledger,” he said. These FIs often team up to tackle risk management evaluations and other operations. A Faster Car (Payment).

B2B 86

B2B Manufacturing Reconciliations Healthcare 86

PYMNTS

OCTOBER 2, 2019

Digitization and enhanced messaging can help automate back-office functions and reconciliation, and new functionalities like request to pay also have ripple effects that improve reconciliation as manual processes are eliminated. Kohli also discussed the concept of reachability, which delivers value in the form of directory services.

Cash Management 63

Cash Management Reconciliations Treasury B2C 63

PYMNTS

MARCH 30, 2017

For instance, 29 percent of CFOs identified budgeting and account reconciliation as a priority in the finance department, but just 8 percent said that was a priority for the company overall. One of the largest ways it can do so is for risk management. There are other ways CFOs are being pulled in two directions, too.

CFO 51

CFO Strategic Planning Corporate Finance Risk Management 51

The Finance Weekly

OCTOBER 13, 2021

Organizations may , eliminate many of the manual processes that stymie a company's ability to accomplish a speedy financial closure by employing AI and machine learning to automate financial close processes including account reconciliation and reporting. Centralize risk management activities. Secure a quick win.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Economics Risk Management Reconciliations 52

PYMNTS

DECEMBER 12, 2019

The Central Bank of the Philippines is replacing a manual regulatory data process with a set of APIs that perform cross-validation, reconciliation and more. Widespread use of APIs and automation will mean more proactive risk management, a hard pivot to tokenization, and sunsetting the paper and batch world.

B2B 52

B2B Accounts Payable Reconciliations Healthcare 52

Spreadym

OCTOBER 20, 2023

Currency Risk Management: Businesses can use multi-currency account reporting to manage currency risk. Regular Reconciliation: Reconcile your multi-currency account regularly to ensure that the recorded transactions match the actual account balances. This is especially helpful for recurring transactions.

Currencies 52

Currencies Accounting Risk Management Compliance 52

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. 1] Robert Half and Protiviti are members of the Microsoft AI Cloud Partner Program.

Financial Planning and Analysis (FP&A) 115

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

PYMNTS

SEPTEMBER 20, 2018

It also led the company to enhance its accounts payable offering and streamline reconciliation of payment for chassis pool invoices, a solution Lopez said was designed to reduce payment inaccuracies and invoice disputes. “That’s a huge trend.” ”

Accounting 63

Accounting Invoicing Accounts Payable Transportation 63

CFO Leadership

MARCH 31, 2022

Using simple tools, such as spreadsheets , or disparate solutions to manage complex operations leads to inefficiencies and errors. Cloud-based cash management systems, however, can make it easier to manage complex treasury operations, increasing transparency and control in cash, liquidity, and risk management.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

PYMNTS

JULY 6, 2017

The largest financial institutions, he said, can build propriety solutions in-house to integrate push payments — but these emerging FinTechs in alternative and marketplace lending spheres should have a partner to ensure solutions are Payment Card Industry (PCI) compliant and have proper risk management capabilities in place.

Risk Management 40

Risk Management Reconciliations Invoicing Compliance 40

The Finance Weekly

JANUARY 22, 2024

Manage cash flow and plan for financial needs. Assist with risk management, audits, and research. Collaborate with other executives and department heads on budget creation and management. Acquire Risk Management Skills In recent years, businesses have faced significant challenges like a global pandemic and war.

CFO 52

CFO Education Communication Risk Management 52

CFO Talks

MARCH 20, 2024

The completion of bank reconciliations and management reports falls under the Controller’s purview, who also prepares and issues financial statements. Strategic Financial and Risk Management: The CFO is the architect of the company’s financial strategy, including tax and risk management strategies.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

PYMNTS

MARCH 4, 2020

In a statement, a spokesperson for Amex said the company has “rigorous, multilayered monitoring and independent risk management processes in place, which we continuously review and enhance to ensure that all sales activities conform with our values, internal policies and regulatory requirements.”

Accounts Payable 56

Accounts Payable Reconciliations Risk Management Finance 56

Planful

JUNE 3, 2021

Manual reconciliation is the most frustrating aspect of creating consolidated financial statements. A solid financial planning and consolidation platform that supports risk management and can handle the nuances of various accounting standards and multiple currencies. Transform the Finance Consolidation Process. The solution?

Compliance 40

Compliance Reconciliations Currencies Finance 40

E78 Partners

DECEMBER 19, 2024

The Benefits of Co-Sourcing for Fund Managers 1. Streamlined Operations Co-sourcing partners bring specialized expertise and scalable resources to manage complex functions like investor reporting, compliance, and reconciliations. Scalability Without Overhead As funds grow, operational demands increase.

Compliance 52

Compliance Reconciliations Risk Management Technology 52

The Charity CFO

JULY 19, 2024

Thus, the nonprofit CFO carries the most significant responsibility out of the three by overseeing the entire financial strategy and management of the nonprofit. They’ll need to provide strategic planning, financial forecasting, and risk management while working with the board of directors.

CFO 52

CFO Accounting Nonprofit General Ledger 52

Bramasol

JUNE 25, 2024

With a long history of addressing companies' treasury management requirements, the Bramasol team can provide fully integrated SAP Cash Management and/or Treasury and Risk Management Solutions , either together or separately. However, treasury functions are not always unified and integrated.

Compliance 55

Compliance Financial Planning and Analysis (FP&A) Accounting SAP 55

Michigan CFO

SEPTEMBER 14, 2023

SoD is a risk management strategy that divides critical financial tasks among various individuals. In the business world, efficient and accurate processes are essential to smooth operations and safeguarding against potential fraud or errors. An integral part of this is the concept of “Segregation of Duties” (SoD).

Accounts Payable 52

Accounts Payable Management Consulting Reconciliations CFO 52

Future CFO

AUGUST 19, 2021

Intelligent automation is least used in risk management (24%), tax (20%), and treasury (14%). Those looking to adopt intelligent automation for the first time can begin by automating the accounting cycle (accounts payable and receivable, journal entry, account reconciliations, and financial close), the organisation advised.

Accounts Payable 40

Accounts Payable Treasury Risk Management Reconciliations 40

PYMNTS

JANUARY 5, 2017

Simply put: Crooks love checks,” Mike Vigue, VP of product strategy, cyberfraud and risk management at B2B payments company Bottomline Technologies, told PYMNTS. Researchers champion digital payments as a way to combat the security, speed and efficiency problems associated with paper checks.

B2B 40

B2B Reconciliations Corporate Finance Risk Management 40

Future CFO

SEPTEMBER 14, 2020

Finance managers and directors in these value-added functions and possessing strategic insights are amongst the lowest probability of automation as compared to finance administrators and technicians who mostly have routine and repetitive job roles. accounting, reconciliation, the closing of books, etc).

Accounting 40

Accounting Leadership Finance Profit and Loss 40

PYMNTS

MAY 19, 2017

The movement to virtual payments offers buyers and suppliers distinct advantages, including cost savings, fraud and risk mitigation, revenue opportunities, improved cash flow, seamless reconciliation, analytics and access to currencies.

B2B 49

B2B Reconciliations Currencies Securities 49