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

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

Risk Guide

FEBRUARY 7, 2022

Volumes have been written on the cause of the crisis the world is in, surveys have been done and many fingers are pointing in every direction—a couple of these are pointing straight at us, the Risk Professionals. It is time to renovate risk management. The basic Risk Management process cycle is one of those.

Risk Management 52

Risk Management Risk Management Management Banking 52

Everest Group

MARCH 16, 2023

We believe this will start a domino effect impacting banking regulations, profitability, and technology spend. Banks’ risk management functions also will be scrutinized again. For example, only one of the seven members of SVB’s Risk Committee had risk management experience.

Banking 130

Banking Service Right-Sizing Risk Management 130

Perficient Digital Transformation

NOVEMBER 10, 2023

When they need to change direct deposits, clear checks, or open new accounts at a bank, their funds often remain untouched. Transaction Accounts Regulators classify transaction accounts under the Monetary Control Act of 1980 and the Federal Reserve Regulation D for federal reserve requirements on deposit liabilities.

Accounting 52

Accounting Banking Retail Risk Management 52

NoonDalton

APRIL 29, 2024

The integration of Artificial Intelligence (AI) in accounting and finance is revolutionizing the industry by automating complex processes and enhancing efficiency. billion, the AI in accounting market is projected to surge to $6.62 Currently valued at $1.56 billion by 2029, according to Mordor Intelligence.

Finance 52

Finance Accounting Cybersecurity Data Entry 52

inDinero

MARCH 23, 2023

Introduction In today’s competitive private equity (PE) landscape, portfolio companies (portcos) frequently confront significant obstacles in managing their finance and accounting functions. High Operational Costs Managing finance and accounting functions can be costly, especially for smaller portcos.

Finance 52

Finance Accounting Data Entry Analytics 52

inDinero

MARCH 23, 2023

Introduction In today’s competitive private equity (PE) landscape, portfolio companies (portcos) frequently confront significant obstacles in managing their finance and accounting functions. High Operational Costs Managing finance and accounting functions can be costly, especially for smaller portcos.

Finance 52

Finance Accounting Data Entry Analytics 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

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

Paysquare

AUGUST 7, 2023

Outsourcing accounts have gained popularity because of several factors. It allows businesses to focus on core competencies while delegating non-core accounting functions to specialized experts. Outsourcing provides access to advanced accounting technologies and expertise that may be otherwise difficult to obtain in-house.

Accounting 52

Accounting Outsourcing Collaborations Out-Tasking 52

Everest Group

SEPTEMBER 14, 2023

This commonly arises due to misalignment between cloud, product, technical, and finance teams and the lack of defined accountability and ownership that results Unplanned transitions : During the enterprise transition from one provider to another or from on-premise to an outsourced service provider, a proper transition methodology is crucial.

Government 162

Government Finance Risk Management Risk Management 162

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

IBM Services

FEBRUARY 8, 2024

Similar to GDPR for privacy, the EU AI Act has potential to set the tone for upcoming AI regulations worldwide. It aims to drive transparency and accountability into how AI systems are developed and deployed, helping to ensure that AI products placed in the market are safe for individuals to use.

Government 77

Government Regulations Risk Management Risk Management 77

SIG Speaks

MAY 11, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Nathan Coffet discusses the process of updating a Third-Party Risk Management program and the benefits it can have. Some highly regulated sectors have had to learn what works and what does not.

Risk Management 40

Risk Management Risk Management Management Out-Tasking 40

Groove Technology

SEPTEMBER 3, 2022

Complying with regulations will also get more difficult as you have to take into account the legal systems of the nations where your employees are based, including social security, data protection, and compliance with tax and labor laws. Groove Technology What is an Employer Of Record. How to Choose a Record Employer Partner?

Payroll 130

Payroll Out-Tasking Administrative Accounting 130

Perficient Digital Transformation

NOVEMBER 27, 2023

In the dynamic environment of highly regulated industries like healthcare and financial services, leaders often balance competing goals to delight customers while cutting costs. Build a reliable risk management strategy using accurate estimations and predictions. This blog was co-authored by Carl Aridas and Joel Thimsen.

Regulations 52

Regulations Efficiency Healthcare Automation 52

31 West

SEPTEMBER 24, 2024

Compliance with Data Protection Regulations Given the modern world’s reliance on computers and the internet to keep data, it is particularly important to follow data protection regulations. HIPAA regulates the use and disclosure of PHI in the U.S., It has tight requirements for data acquisition, processing plans, and storage.

Retail 130

Retail Regulations Insurance E-Commerce 130

Planergy Software

APRIL 19, 2023

Download Free Copy Accounts Payable: What Is It, Definition, Job Description, Process, and Software Written by Keith Murphy 32 min read AP Automation Invoice Processing Process & Procedures Download PDF IN THIS ARTICLE What Is Accounts Payable? Is Accounts Payabale a Liability or an Asset? This is an asset.

Accounting 52

Accounting Jobbing Software Automation 52

Sarah Holliman

DECEMBER 19, 2018

More recently, Under Armour and Equifax reported breaches of individual data that impacted upwards of 145 million accounts each. A supplier information management portal, for example, can be a “ central source of truth ” for third party relationships and provide all stakeholders with critical information. These breaches cost U.S.

Sourcing 100

Sourcing Risk Management Risk Management Advisory 100

Everest Group

FEBRUARY 26, 2024

If the Capital One merger clears antitrust regulations, the combined entity would become the sixth-largest US bank by assets and a leading card issuer and network provider for the US payments market. Operationally, underwriting, efficiency, risk management, and compliance enhancements will drive data and technology investments.

Banking 147

Banking Risk Management Risk Management Marketing 147

inDinero

JULY 8, 2021

Typically, businesses should look for essential business banking services such as interest-earning checking accounts, business savings, business credit cards , money transfer services, cash management, and business financing options. To grasp what your business needs from a bank takes time and accounting expertise.

Banking 69

Banking Accounting Regulations Government 69

IBM Services

SEPTEMBER 15, 2023

Globally, there has been an uptick of landmark regulations forcing companies to address sustainability issues like climate change, and to disclose the work they are doing to address these issues. For example, the regulated disclosures could be anything from estimates around Scope 3 emissions, to investor-grade data.

Regulations 77

Regulations Analytics Government Automation 77

NoonDalton

OCTOBER 27, 2021

Several businesses have stringent privacy and security regulations that might increase the cost of sustaining a workforce. Accounting Services. The smooth operation of our business and the ability for us to make crucial business decisions are made possible by good record-keeping and accurate accounting. Customer Support.

Outsourcing 94

Outsourcing BPO Accounting Customer Service 94

IBM Services

MAY 9, 2023

There are 3 main reasons why organizations struggle with adopting AI: a lack of confidence in operationalizing AI, challenges around managing risk and reputation, and scaling with growing AI regulations. This solution is designed to include everything needed to develop a consistent transparent model management process.

Government 74

Government Regulations Automation Design 74

Amzur

SEPTEMBER 10, 2024

Investigate Security and Compliance Features Question: How does this tool ensure data security and compliance with regulations like GDPR, HIPAA, etc.? 24/7 support, dedicated account managers) and the presence of an active user community for sharing insights and best practices.

Robotics Process Automation 104

Robotics Process Automation Cybersecurity Analytics Government 104

IBM Services

APRIL 11, 2024

One of the biggest challenges these organizations face is evolving regulations related to payments. To modernize, remain competitive and be compliant with regulations requires organizations to work with a “trusted” technology partner who can help to bring together their traditional payment practices and innovative solutions.

Banking 62

Banking Regulations Accounting Flexibility 62

Amzur

JULY 18, 2024

Cloud and Digital Transformation: The role of cloud technologies in digital transformation is becoming increasingly significant, with projections indicating that the cloud will account for more than 65.9% Risk Management Objective: Identify potential risks and develop mitigation strategies.

Risk Management 111

Risk Management Risk Management Cost Control Design 111

IBM Services

FEBRUARY 8, 2024

1 Slowly but surely, institutional investors started to recognize that companies could potentially improve financial performance and risk management by focusing on ESG issues like greenhouse gas emissions. The total—$639 billion—shed light on how shareholders were starting to invest out of principle versus strictly profit.

Government 83

Government Regulations Accounting Risk Management 83

IBM Services

FEBRUARY 15, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more. Consider investor expectations around net-zero targets.

Regulations 82

Regulations Right-Sizing Government Accounting 82

Perficient Digital Transformation

APRIL 5, 2025

Regulatory Compliance & Risk Mitigation Companies face significant penalties for violating data regulations like GDPR, CCPA, and HIPAA, including substantial fines, potential criminal charges, and reputational damage. They are paying over billions of $ in fines for data breaches and non-compliance.

Government 52

Government Data Entry Analytics Regulations 52

Paysquare

APRIL 30, 2024

AI automates tasks such as risk assessment, data analysis, and regulatory changes and allows businesses to proactively identify and fix potential compliance problems before they escalate. AI-driven analytics provide real-time visibility into compliance status, which enables proactive risk management and continuous improvement efforts.

Government 52

Government Payroll Cybersecurity Accounting 52

Perficient Digital Transformation

AUGUST 15, 2024

– These are the exact words (with a couple of expletives, that I cannot quote here) – a senior fund administrator from a large investment firm uttered when we were presenting about environment aware financial risk management. How does it impact me?

Government 52

Government Banking Regulations Risk Management 52

Perficient Digital Transformation

AUGUST 15, 2024

– These are the exact words (with a couple of expletives, that I cannot quote here) – a senior fund administrator from a large investment firm uttered when we were presenting about environment aware financial risk management. How does it impact me?

Government 52

Government Banking Regulations Risk Management 52

IBM Services

JANUARY 30, 2024

Build a zero-trust security approach According to a recent IBM IBV study , the average organization uses more than eight to nine cloud infrastructure environments at any given time, increasing the risk of security threats from bad actors and putting sensitive data at risk. Zero trust requires a wide range of security capabilities.

Regulations 98

Regulations Flexibility Automation Software 98

IBM Services

DECEMBER 15, 2023

Read our guide for sustainability leaders Business activities that contribute to carbon emissions and fossil fuels also forced organizations and policymakers to hold leaders accountable for their actions against environmental impact. Resilient businesses will adhere to external regulations on sustainable business practices (e.g.,

Manufacturing 70

Manufacturing Advisory Regulations Sourcing 70

Perficient Digital Transformation

JUNE 25, 2024

Toll Gates Are Needed To avoid repeating such scenarios, of that rather dire history, Hsu advocated for regulators and the industry to proactively identify points where growth and development should pause to ensure responsible innovation and build trust.

Banking 52

Banking Risk Management Risk Management Regulations 52