Perficient Digital Transformation

DECEMBER 18, 2023

Legal Obligations and Regulatory Frameworks It is well-known that financial institutions operate within a complex web of laws and regulations. By streamlining processes and ensuring compliance with regulations, banks can reduce the likelihood of errors, fraud, and other operational inefficiencies that could threaten their stability.

Regulations 111

Regulations Cybersecurity Banking Insurance 111

inDinero

OCTOBER 2, 2024

The equity accounting formula is a crucial aspect of financial reporting that provides insights into a company’s net worth and financial health. This guide offers a comprehensive overview of equity accounting, from basic principles to advanced applications, catering to beginners and experienced financial professionals.

Accounting 104

Accounting Marketing Retail Regulations 104

Paysquare

JULY 26, 2023

One such area where businesses prefer to simplify processes is accounting. This is where accounting outsourcing comes into play. By outsourcing accounting to third-party service providers, businesses can gain significant benefits. What is Accounting Outsourcing? Why Outsource Accounting Services?

Accounting 95

Accounting Outsourcing Reduced Costs Regulations 95

AS White Global

AUGUST 4, 2022

No matter how big or how small your company is, accounting services are essential in supporting the day-to-day operations of your business. With advancements in technology – from automated accounting software to cloud-based platforms – tedious and time-consuming accounting tasks can now be done more efficiently with more accurate results.

Offshoring 98

Offshoring Accounting Jobbing Finance 98

Magellan Solutions

AUGUST 6, 2023

The finance and accounting world is undergoing a technological revolution. As a business owner with an accounting practice, you can use Artificial Intelligence advances to transform your work processes. We’ll explore how AI tools can benefit the finance and accounting industry.

Accounting 98

Accounting Finance Data Entry Out-Tasking 98

Groove Technology

OCTOBER 31, 2024

A competent team should demonstrate extensive knowledge of Global Distribution Systems (GDS), Online Travel Agency (OTA) operations, and travel regulations. According to Phocuswright, GDS platforms still account for over 60% of all airline bookings, underscoring their continued importance.

Software 130

Software Right-Sizing Offshoring Nearshoring 130

Everest Group

MARCH 23, 2023

Providers are also extending greater support for compliance, including regulations such as MiFID, EMIR, FATCA, and upcoming T+1 settlement frameworks.

Marketing 246

Marketing Robotics Process Automation Service Insurance 246

Everest Group

MAY 21, 2024

Potential impact on the GBS market: GBS encompass a wide array of activities, including IT services, back-office operations, finance and accounting, HR services, and more. Indian transfer pricing regulations mandate that such transactions be conducted at arm’s length prices to prevent profit shifting.

Global Business Services 162

Global Business Services Service Regulations Pharmaceuticals 162

Everest Group

DECEMBER 11, 2023

Day 2: The United States takes center stage by addressing methane management as a crucial step for reaching net zero emissions Environmental Protection Agency (EPA) announces regulations on methane leaks The second day of COP28 brought a wave of positive news, particularly from the United States.

Regulations 162

Regulations Collaborations Accounting Analytics 162

McKinsey & Company

JANUARY 9, 2024

As US regulators consider a decision on open banking, account-to-account (A2A) payments face challenges in a card-dominated market but also have some promising use cases.

Banking 132

Banking Regulations Accounting Marketing 132

IBM Services

FEBRUARY 23, 2024

The General Data Protection Regulation (GDPR), the European Union’s landmark data privacy law, took effect in 2018. Irish regulators hit Meta with a EUR 1.2 Data controllers may want to keep particularly robust records, as the GDPR holds them accountable for the compliance of their partners and vendors.

Regulations 80

Regulations Right-Sizing Government Automation 80

Everest Group

MARCH 23, 2023

Providers are also extending greater support for compliance, including regulations such as MiFID, EMIR, FATCA, and upcoming T+1 settlement frameworks.

Marketing 217

Marketing Robotics Process Automation Service Insurance 217

Everest Group

APRIL 3, 2024

Security measures In a highly regulated industry like BFSI, where data and security are imperative, meticulous attention to security and regulatory compliance is critical. Considering that gen AI often relies on large datasets, managing personally identifiable information (PII) necessitates strict adherence to data privacy regulations.

Regulations 173

Regulations Out-Tasking Insurance Cybersecurity 173

Amzur

DECEMBER 27, 2024

Automated testing continuously verifies encryption, access controls, and data handling, ensuring that retailers comply with data protection regulations such as PCI DSS. Ensuring data security while complying with regulations like GDPR or industry-specific standards is a critical testing focus.

Retail 105

Retail Automation Payroll Inventory Management 105

Everest Group

APRIL 8, 2024

Given the highly regulated nature of these industries, enterprises must collaborate with suitable IDP technology providers to successfully implement IDP. This demand is further propelled by the advanced capabilities, features, and functionalities offered by IDP products.

Insurance 195

Insurance Banking Research Automation 195

Everest Group

OCTOBER 11, 2022

A combination of government regulation and market forces has created a growing demand for open financial data to build an expanded provider ecosystem beyond banks and financial institutions to also include non-financial platforms, FinTechs, and payment facilitators. Read on for more on our latest open banking research. .

Banking 147

Banking Finance Research Accounting 147

Intugo

SEPTEMBER 26, 2024

Outsourcing your accounting services can be a game changer for efficiency and cost-effectiveness. Indeed, the ideal outsourced accounting service provider streamlines your finances, ensures compliance with local regulations, and provides valuable insights to help your business thrive. Verify their credentials and certifications.

Accounting 52

Accounting Outsourcing Service Out-Tasking 52

31 West

JULY 8, 2022

Regulations of IT compliance vary by the industry you operate in, and it keeps changing. As an industry expert, you must know which regulations to apply to your sector. Enhance Growth: Companies adopting IT compliance have more opportunities to operate in geographic areas with specific compliance regulations.

Regulations 130

Regulations Insurance Healthcare Software 130

Automation Anywhere

AUGUST 24, 2022

Reporting errors and/or delays can result in significant scrutiny from regulators and investors. Automation reduces the number of manual controls, reporting errors, and operational costs of the finance and accounting function.

Finance 145

Finance Automation Robotics Process Automation Accounting 145

Intelligent Management Inc.

FEBRUARY 18, 2022

” Those are the words of a CEO in a recent conversation and he was not talking about Cost Accounting. Cost Accounting is not giving companies all the information they really need. Well, isn’t that what accounting is for? For this purpose most companies rely on cost accounting. are costing. So what can we do?

Accounting 141

Accounting Sales Design Regulations 141

NoonDalton

AUGUST 26, 2024

Among the myriad of functions that can be outsourced, accounting services stand out as one of the most impactful. In 2024, accounting continues to lead the charge as the most outsourced business function among small businesses in the U.S., But why is accounting such a popular choice for outsourcing?

Accounting 52

Accounting Outsourcing Streamline Operations Risk Management 52

Everest Group

JUNE 22, 2023

Ensuring compliance with the ambiguous regulations for digital technologies and AI in clinical development is complicated.

Pharmaceuticals 130

Pharmaceuticals Regulations Accounting Research 130

Paysquare

OCTOBER 6, 2024

It is at this point that the need to engage in accounting outsourcing become beneficial. Such problems can be addressed in time as incorporated accounting specialists enhance cash flow, ensure timely receipt of payments, and help in making prudent business decisions.

Accounting 52

Accounting Outsourcing Management Finance 52

inDinero

AUGUST 21, 2024

A Construction CFO is a financial expert specializing in the building sector’s nuances, combining traditional financial management skills with in-depth knowledge of construction processes, regulations, and industry-specific challenges. Regulatory Compliance : Ensuring adherence to financial regulations and industry standards.

Regulations 105

Regulations Finance Accounting Jobbing 105

Paysquare

NOVEMBER 21, 2024

When it comes to finances and its distribution, accounting departments face pressure to both deliver the correct and timely financial information efficiently. Today, most of the businesses opt for accounting outsourcing companies in India to update the financial management. What is Automated Accounting?

Accounting 52

Accounting Automation Finance Data Entry 52

Paysquare

NOVEMBER 2, 2024

The Risks of Data Breach in Accounting The consequences of data outsourcing accounting breaches can be very high, especially involving financial information. Among cybercrime is the large-scale access to clients’ accounts with the view of committing fraud on account manipulation, taking funds for financial payment.

Accounting 52

Accounting Outsourcing Payroll Service 52

Paysquare

SEPTEMBER 16, 2024

Introduction of Outsource Accounting Accounting outsourcing means allocating all your financial obligations to an outsourced or outside accounting service provider, which includes payroll, tax returns, accounting & financial reporting. One of the primary reasons is the availability of skilled personnel.

Accounting 52

Accounting Outsourcing Reduced Costs Right-Sizing 52

Everest Group

FEBRUARY 2, 2023

Security benefits In addition to fraud prevention, blockchain technology makes it easier for banks to keep track of who owns what assets when they move among different financial institutions (such as moving from one investment bank account to another). Another obstacle is the impact blockchain may have on existing systems and processes.

Banking 246

Banking Service Right-Sizing Automation 246

inDinero

JUNE 29, 2023

Accrual Accounting is a vital component of Generally Accepted Accounting Principles (GAAP). Understanding the principles of GAAP accrual accounting can be challenging and daunting; however, with the right guidance, it can be achieved. What are Generally Accepted Accounting Principles (GAAP)?

Accounting 98

Accounting Regulations Payroll Finance 98

Premier BPO

JUNE 7, 2024

Outsourcing of IT Services allows businesses the opportunity for scalability and resource optimization, besides helping to leverage expertise that facilitates meeting regulations related to security and compliance.

Outsourcing 244

Outsourcing Co-Sourcing BPO Operational Costs 244

inDinero

MAY 1, 2024

No matter how big or small your business is, whether you do your own bookkeeping or you have an entire accounting team, there are three financial reports that all entrepreneurs must know like the back of their hands. Compliance : Consistent financial reporting must comply with accounting standards, regulations, and laws.

Accounting 105

Accounting Regulations Finance Banking 105

Perficient Digital Transformation

MARCH 22, 2023

We’re putting this into practice and offering our predictions concerning what regulations may arise once the dust has settled. The Tier 1 leverage capital ratio of the firm was 8.11%, more than twice the 4.00% required by regulators. But the fault is the regulators’, right? It’s better to learn from other people’s mistakes.”

Banking 111

Banking Regulations Sales Management 111

inDinero

SEPTEMBER 21, 2024

Standardize Nonprofit Financial Policies Standardizing nonprofit financial policies is fundamental for nonprofits to maintain consistency, accountability, and transparency in their financial practices. Another important policy to take into account is a well-defined gift acceptance policy.

Management 104

Management Accounting Collaborations Finance 104

Metasource

OCTOBER 3, 2024

Accounts payable (AP) departments are under constant pressure to ensure timely and accurate payments, comply with policies and regulations, and safeguard against fraud. But what is accounts payable automation and how can it bring these benefits to your organization?

Accounting 52

Accounting Data Entry Automation Efficiency 52

Everest Group

MARCH 10, 2023

Companies also need to take into account the incremental costs of creating a wellness infrastructure for employees and continuously training them on the latest regulations. Additionally, regulators across the world continue to tighten their grip on social media and hold them accountable for the content on their platforms.

Regulations 147

Regulations Offshoring Research Out-Tasking 147

inDinero

AUGUST 10, 2024

Accounting Due Diligence: The Devil’s in the Details A critical subset of financial due diligence is accounting due diligence. This involves a detailed examination of the target company’s accounting policies and practices. Or inadequate reserves for bad debts could be masking potential future write-offs.

Accounting 95

Accounting Regulations Finance Banking 95

Everest Group

MARCH 11, 2024

Navigating exit strategies in a regulated landscape While less discussed, cloud exit strategies are vital to a comprehensive cloud governance framework. In an industry where strategic pivots or regulatory mandates can necessitate a change in cloud service providers, BFS enterprises must have clear, actionable plans for such eventualities.

Banking 147

Banking Service Regulations Flexibility 147