PYMNTS

APRIL 10, 2020

Financial technology innovation has opened the doors to massive transformation of corporate finance departments. While flashy corporate FinTech is exciting, innovation efforts have rarely focused on a mainstay of corporate finance teams: the financial close process, a crucial, but continually outdated function.

Technology 87

Technology accounting and finance Finance accounts payable 87

PYMNTS

OCTOBER 25, 2019

Top accountancy firms are asking the Financial Accounting Standards Board (FASB) to clarify how corporates should report on supplier finance programs that are in place, according to Compliance Week reports on Friday (Oct. As the letter notes, U.S.

Finance 40

Finance accounting and finance financial statements top accounting firms 40

PYMNTS

MARCH 19, 2020

Automation in small business accounting can certainly be beneficial, but when a cloud-based accounting platform remains within the confines of its own interface, there can be unexpected friction that prevents business owners from gaining real-time financial insights. Elevating Functionality. Siloed Platforms.

accountant 62

accountant accounted Account Technology 62

PYMNTS

JUNE 11, 2020

With market volatility and economic pressure higher than it has been in more than a decade, the ways businesses manage and account for their money is inevitably included in that wave of operational change. That means significant implications for the ways accountants and auditors operate both within an enterprise and externally from it.

corporate accounting 77

corporate accounting auditor accountant accounted 77

PYMNTS

OCTOBER 9, 2018

Banks and businesses alike are heading toward the 11th hour of changes in accounting standards, which will have a major impact on how companies report financial metrics and performance. Experts say the move will not go unnoticed when the accounting standards begin to take effect for public companies in 2021.

accounting standards 61

accounting standards accountant accounted Account 61

PYMNTS

SEPTEMBER 12, 2018

There is no shortage of FinTech firms that have emerged since the 2008 financial crisis aiming to facilitate access to small business capital, many of which target supplier and invoice financing specifically. ” In other words: more affordable financing. .” ” In other words: more affordable financing.

Finance 40

Finance accounting and finance accounts payable financial statements 40

ThomsonReuters

APRIL 6, 2023

Accounts payable and accounts receivable are opposite but interconnected procedures. Together, they comprise the very basics of business and can be used to gauge financial health. When accounts payable and accounts receivable are in balance, a business can plan ahead for growth.

accounts payable 52

accounts payable accountant accounted Account 52

PYMNTS

MAY 3, 2019

Chief financial officers are changing their views on how they assess corporate performance in light of changes to lease accounting rules coming into play. Companies including Orange, Deutsche Telekom and Air France have already notified investors that they are amending or changing performance metrics.

accountant 49

accountant accounted Account international accounting standards 49

PYMNTS

OCTOBER 11, 2018

Corporates are gearing up to manage a whole slew of accounting standards changes in the coming years, but one of the more immediate effects involves how leases are recorded on financial statements.

accountant 49

accountant accounted Account financial statements 49

PYMNTS

APRIL 18, 2018

A slew of accounting scandals in the U.K. has led the government to launch an inquiry into the powers of the Financial Reporting Council (FRC), the government watchdog aimed at overseeing auditing and accounting practices in the country. Reports in Reuters this week said the U.K. Reports in Reuters this week said the U.K.

accountant 40

accountant accounted Account audit 40

PYMNTS

JANUARY 2, 2020

Several high-profile corporate collapses and initiatives from corporate accounting standard-setters have raised questions about businesses’ use of supply chain finance and whether the trade finance tool prevents investors and auditors from gaining a transparent view into company finances.

auditor 52

auditor accounting and finance audit Finance 52

Snyder

OCTOBER 28, 2022

Invoices are an integral part of any business that directly affects its cash flow and financial health. It’s critical to manage them properly and reflect them in accounting correctly. Often, you might get into a situation when you’ve paid invoices in the payment processing system that are still open in accounting.

quickbooks 52

quickbooks E-commerce bookkeeping accounting and finance 52

PYMNTS

JULY 1, 2019

Credit and data analytics firm PayNet is launching an automated reporting solution for lenders to more seamlessly collect and analyze financial information on small business (SMB) borrowers. Information within the Financial Statement Report is encrypted, with borrower consent necessary to generate the report. “We

financial statements 55

financial statements quickbooks Maine Account 55

PYMNTS

AUGUST 21, 2018

The regulator determined that KPMG’s decision to provide expert witness services to Ted Baker in a lawsuit breached ethical standards and compromised KPMG’s ability to audit Ted Baker’s finances without bias. “This would help the process of making changes to the U.K. government.

auditor 40

auditor audit financial statements accounting and finance 40

Withum

APRIL 25, 2023

Internal controls are not confined to just accounting and financial reporting; they are also part of ESG reporting requirements. B2B customers ask the customer service department for greenhouse gas (GHG) metrics and emission targets. Recruiters and prospective hires are requesting information on diversity initiatives from HR.

Delaware 52

Delaware accounting and finance financial statements B2B 52

PYMNTS

OCTOBER 2, 2017

Within the finance and accounting world, there seemed to be general resistance to the cloud, mainly circulated around security,” he said. Putting financial data in the cloud [could] be perceived as a major security risk.”. One accountant may be working with revenue teams, while another is working with billing and invoicing.

accounting and finance 43

accounting and finance Technology Finance Maine 43

PYMNTS

AUGUST 7, 2019

“We have always emphasized that startups must concentrate not only on business development but to invest in risk control measures, while taking into account the volume and complexity of their activities, as well as to ensure proper compliance with legal requirements,” he added. The company’s deadline to do so was the beginning of April.

accounting and finance 40

accounting and finance financial statements Legal audit 40

PYMNTS

MARCH 1, 2018

Securing bank financing for a small business (SMB) is neither fast nor easy, but the people running those SMBs need it to be both. For financial institutions (FIs), too, it’s in the bank’s best interest to move the process along. That’s why a group of forensic accountants set out to found Validis. From Days to Seconds.

accounts payable 40

accounts payable forensic accounting tax return accounting and finance 40

Snyder

NOVEMBER 2, 2022

To start using Stripe as a payment processor, you need to register an account and connect it with your website or mobile app checkout page (through the Stripe API). Once a customer makes a purchase, they go to the checkout form where they can enter their financial data (such as their credit card details, etc.). Numerous integrations.

E-commerce 52

E-commerce quickbooks Non-Profits accounting and finance 52

PYMNTS

SEPTEMBER 20, 2017

ctrl is a cloud-based platform providing accounting, payroll and analytics solutions for Canadian SMBs. Compliance and accounting are commonly viewed as obligations that businesses prefer to complete in the most efficient and smooth way possible,” said Deloitte private audit partner Mark Wayland in another statement. “By

payroll 43

payroll accountant accounted Account 43