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Fides Releases Next-Generation Unified Treasury Management Platform

Retrieved on:

Monday, February 5, 2024

Navigation, Growth, Workflow, ERP, TMS, CFOS, Corporation, Treasury, Organization, Maid service

ZURICH, Feb. 5, 2024 /PRNewswire-PRWeb/ -- Fides Treasury Services Ltd., the global leader in multibank connectivity, payments and transaction communications, today announced the release of Fides ONEHub, the next-generation evolution of the Fides product suite interface. ONEHub provides the essential cash management tools, features and functionality that corporate treasury and finance professionals need, in a single, powerful product with an intuitive, comprehensive interface and navigation.

Key Points:

Industry-leading multibank connectivity provider unveils Fides ONEHub, a new paradigm for centralized corporate treasury services
ZURICH, Feb. 5, 2024 /PRNewswire-PRWeb/ -- Fides Treasury Services Ltd., the global leader in multibank connectivity, payments and transaction communications, today announced the release of Fides ONEHub, the next-generation evolution of the Fides product suite interface.
"Fides ONEHub helps companies optimize treasury workflows and accelerate daily operations, giving them the flexibility and scalability they need to quickly adapt to change and innovate faster."
— Andreas Lutz, CEO, Fides
ONEHub consolidates Fides account reporting and payments solutions, seamlessly integrates the latest innovations from Fides, and also serves as the gateway to a curated array of financial solutions from the extensive Fides partner ecosystem.
Advantages of the new Fides ONEHub include:
All-in-One Convenience: Access your cash and payment management tools within a single, innovative application to simplify your workflow.

Esker Named in First-Ever Gartner® Magic Quadrant™ for Source-to-Pay Suites

Retrieved on:

Thursday, February 1, 2024

By aligning procurement and finance, Esker helps CFOs and CPOs achieve better financial outcomes and foster collaboration across all operations.

Key Points:

By aligning procurement and finance, Esker helps CFOs and CPOs achieve better financial outcomes and foster collaboration across all operations.
To access a complimentary copy of the 2024 Gartner Magic Quadrant for Source-to-Pay Suites, please click here .
Gartner, Magic Quadrant for Procure-to-Pay Suites, by Micky Keck, Balaji Abbabatulla, Patrick Connaughton, Lynne Phelan, published November 28, 2022.
Gartner, Magic Quadrant for Source-to-Pay Suites, by Micky Keck, Naveen Mahendra, Kaitlynn Sommers, Lynne Phelan, Cian Curtin, Balaji Abbabatulla, Chaithanya Paradarami, published January 29, 2024.

Grant Thornton survey: Addressing patients’ needs is key to growth in the healthcare industry

Retrieved on:

Wednesday, January 31, 2024

Professional Services, Health, Practice Management, Consulting, General Health, Accounting, Growth, Grant Thornton LLP, Nursing, Patient, Automation, CFOS, Physician, Thought, Acquisition, Health care, Workforce, Organization

“Understanding why patient experience is a top priority starts with realizing that growth within a healthcare organization is dependent on serving as many patients as you can,” said John Summerlin , Grant Thornton’s managing director of operations transformation for Healthcare.

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“Understanding why patient experience is a top priority starts with realizing that growth within a healthcare organization is dependent on serving as many patients as you can,” said John Summerlin , Grant Thornton’s managing director of operations transformation for Healthcare.
Nearly half (44%) of healthcare CFOs indicated that they’re most likely to collaborate with businesses that provide health insurance plans.
The firm’s survey also polled healthcare CFOs about the persistent workforce shortages impacting most healthcare organizations.
To see additional findings from Grant Thornton’s Healthcare CFO survey, visit: https://www.grantthornton.com/insights/articles/health-care/2023/focusin... .

Paystand Brings Rapid, Free B2B Payments Platform to Acumatica Cloud ERP

Retrieved on:

Wednesday, January 31, 2024

Paystand , the only feeless B2B blockchain-enabled payment platform, today brings its automated payment solution to Acumatica, an all-in-one cloud-based ERP system for business management that includes finance, inventory, CRM, and payroll.

Key Points:

Paystand , the only feeless B2B blockchain-enabled payment platform, today brings its automated payment solution to Acumatica, an all-in-one cloud-based ERP system for business management that includes finance, inventory, CRM, and payroll.
Now, finance departments using Acumatica can accelerate AR processes to reduce days sales outstanding (DSO) and speed time-to-cash, all with zero transaction fees.
She estimates that Paystand can save Acumatica users 50% or more on receivables costs by eliminating transaction fees.
The Acumatica Paystand integration is available for Acumatica users as of January 31, 2024.

Global economy set for slow growth and high uncertainty in 2024

Retrieved on:

Wednesday, January 31, 2024

Accountant, Seed, ACCA, Growth, European, European Parliament, CFOS, Uncertainty, AI, Ashworth, Risk

NEW YORK, Jan. 31, 2024 /PRNewswire/ -- A new annual economic outlook report, released today by ACCA (the Association of Chartered Certified Accountants), looks at the prospects and major risks for the global economy and key countries. The report, '2024 Global Economic Outlook: Slow Growth, High Uncertainty,' sets out the key events to watch in a year packed with elections; examines three trends to watch closely; and interviews chief financial officers from across the globe.

Key Points:

The report, ' 2024 Global Economic Outlook: Slow Growth, High Uncertainty ,' sets out the key events to watch in a year packed with elections; examines three trends to watch closely; and interviews chief financial officers from across the globe.
Jonathan Ashworth, Chief Economist at ACCA and author of the report, said: 'The global economy looks set to grow slowly once again in 2024, and the risks are skewed to the downside.
The lagged impact of past monetary tightening could lead to an even more pronounced slowing in growth, and geopolitical risks remain very heightened.
Meanwhile, caution was the watch word from CFOs given the challenging global economic backdrop and the geopolitical developments and elections in many countries.

Nearly 40% of CFOs Do Not Completely Trust Their Organization's Financial Data, According to BlackLine Survey

Retrieved on:

Tuesday, January 30, 2024

LOS, Research, Overalls, Cloud computing, Accounting, Trust, CFO, Face, Blackline (software company), CFOS, Organization, Innovation system, Online shopping

LOS ANGELES and LONDON and SYDNEY and SINGAPORE, Jan. 30, 2024 /PRNewswire/ -- New research shows that nearly 40% of CFOs around the world do not completely trust the accuracy of their organization's financial data – creating challenges for strategic decision-making at a time when global business leaders are confronted with a wide range of external challenges. Confidence in cash flow visibility also remains stubbornly low, making it difficult for organizations to respond to unexpected market changes, according to a survey commissioned by digital finance transformation leader BlackLine, Inc. (Nasdaq: BL).

Key Points:

Confidence in cash flow visibility also remains stubbornly low, making it difficult for organizations to respond to unexpected market changes, according to a survey commissioned by digital finance transformation leader BlackLine, Inc .
More than three-quarters (78%) of overall respondents are concerned about another global financial crisis.
Respondents are also worried about the impact of cybersecurity issues (76%) and new disruptive technology (73%) on their business.
However, 37% admitted they do not completely trust their own data.

DeNexus Expands Cyber Risk Management Solution to Manufacturing and Energy Transmission & Distribution Sectors

Retrieved on:

Tuesday, January 30, 2024

European, Adani Transmission, Risk assessment, Electricity, ICS, CFOS, Risk, International Energy Agency, Investment, Organization, Electricity generation, Risk management

BOSTON, Jan. 30, 2024 /PRNewswire/ -- DeNexus, a leader in cyber risk quantification and management for operational technology (OT) and industrial control systems (ICS), today announced the extension of its Cyber Risk Quantification and Management (CQRM) solution, DeRISK, to the Manufacturing and Electricity Transmission & Distribution (T&D) sectors, adding to DeRISK for critical infrastructures in the electricity Power Generation sector. This strategic expansion brings industry-specific cyber risk modeling to these new industries served by DeNexus enabling companies to proactively manage their cyber risk, prioritize risk mitigation projects, and make informed cybersecurity investment decisions.

Key Points:

BOSTON, Jan. 30, 2024 /PRNewswire/ -- DeNexus , a leader in cyber risk quantification and management for operational technology (OT) and industrial control systems (ICS), today announced the extension of its Cyber Risk Quantification and Management (CQRM) solution, DeRISK, to the Manufacturing and Electricity Transmission & Distribution (T&D) sectors, adding to DeRISK for critical infrastructures in the electricity Power Generation sector.
This strategic expansion brings industry-specific cyber risk modeling to these new industries served by DeNexus enabling companies to proactively manage their cyber risk, prioritize risk mitigation projects, and make informed cybersecurity investment decisions.
DeRISK enables Manufacturing and T&D companies to proactively address cyber threats by providing evidence-based analysis for risk prioritization.
"Having a solution like DeRISK is critical for organizations dedicated to fortifying their cyber resilience and for prudent risk and capital management.

Webinar Offers Finance and Accounting Professionals Insights for Navigating 2024 Regulatory Changes

Retrieved on:

Tuesday, January 30, 2024

Pillar, Accounting, GAAP, CFOS, EST, ESG

MISSISSAUGA, ON, Jan. 30, 2024 /PRNewswire/ -- As the finance and accounting landscape evolves, staying ahead of regulatory reporting and audit changes becomes imperative for organizational success.

Key Points:

MISSISSAUGA, ON, Jan. 30, 2024 /PRNewswire/ -- As the finance and accounting landscape evolves, staying ahead of regulatory reporting and audit changes becomes imperative for organizational success.
To address these challenges, Prophix , a leader in financial performance management, will hold a webinar to equip CFOs, finance leaders and their teams with practical insights and actionable steps to navigating challenges and regulatory changes in 2024.
Trends impacting the accounting and finance landscape, including changes to GAAP, IFRS, ESG, and Pillar Two Global Minimum Tax
Register to attend one or more of the sessions below:
North America | February 15, 2024 | 11AM EST / 4PM GMT

24th Edition of CFO Leadership Summit: KSA

Retrieved on:

Wednesday, January 24, 2024

Heart, Growth, Ministry of National Guard, Culture, Economics, CFOS, Health Affairs, Investment strategy, Organization, Management

Recognizing the vital role that finance leaders play in steering organizations and economies, Exito Media Concepts is organising the CFO Leadership Summit.

Key Points:

Recognizing the vital role that finance leaders play in steering organizations and economies, Exito Media Concepts is organising the CFO Leadership Summit.
The summit serves as a beacon for thought leadership, fostering strategic discussions essential to the critical role finance leaders undertake.
The CFO Summit is designed with a multi-faceted purpose that seamlessly aligns with Saudi Arabia's broader national objectives.
What exciting topics can you Expect to See on the agenda for the CFO Leadership Summit?

Economic pessimism significantly outpaces optimism among top Canadian business leaders: CPA Canada survey

Retrieved on:

Tuesday, January 23, 2024

Pulse, CPA Canada, CFOS, Perception, McGuire family, CPA, Optimism, Pessimism, Rate, Management

TORONTO, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Canadian business leaders are more than three times as likely to express pessimism about the Canadian economy than optimism, according to a recent survey of CPA Canada members holding senior leadership positions.

Key Points:

TORONTO, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Canadian business leaders are more than three times as likely to express pessimism about the Canadian economy than optimism, according to a recent survey of CPA Canada members holding senior leadership positions.
“Our survey results suggest that regardless of whether or not we are in a technical recession, the perception among top business leaders is of worsening conditions for the Canadian economy,” says Rosemary McGuire, Vice-President, Research, Guidance and Support at CPA Canada.
The CPA Canada quarterly Business Monitor survey takes the pulse of professional accountants in leadership positions in privately and publicly held companies.
The CPA Canada Business Monitor is issued quarterly, based on a survey conducted by CPA Canada using the survey platform Alchemer.