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Number Of Corporate Accounting Errors Unexpectedly Climbs

PYMNTS

A research firm has discovered that the number of material accounting mistakes made by U.S. For many, the mistakes were discovered when corporate finance teams were changing accounting paperwork to comply with the new U.S. tax law and revenue accounting rules. public companies has gone up this year.

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Open Banking APIs Meet B2B Payments

PYMNTS

Steady digitization in stale B2B payments and the open banking movement are two closely related and increasingly exuberant expressions of money’s digital makeover. Impacts expected from open banking on the laggard B2B payments space are hard to understate. It’s worth the effort, as the growing number of B2B payments use cases prove.

B2B 76
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Gappify Launches Chatbot For Corporate Accountants

PYMNTS

Gappify is the latest company to roll out business accounting-related chatbot technology. 20) that it has launched Alan, chatbot technology designed to assist business accountants. Using robotics process automation technology, Alan automates tasks to help corporate accountants focus on more strategic and value-add processes.

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Pulling Back The Curtain On Corporate Finance Reports

PYMNTS

Corporate accounting standards are changing, with the Financial Accounting Standards Board adopting new standards in ways companies report on leases, hedging and other financial activity. A recent report from CFO.com shed light on another factor driving accounting and financial transparency within corporate America.

Finance 55
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Robotics Process Automation Attracts Attention — And Some Doubt — In B2B FinTech

PYMNTS

In corporate finance, automation changed the game. Accountants and other financial professionals once tasked with manual processes and number-crunching were freed up to focus on more strategic initiatives. Robotics process automation (RPA) is a recent favorite among some B2B FinTechs.

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Accountants May Be Bucking The Innovation-Averse Trend

PYMNTS

The future of the corporate accountant is in flux. FinTechs are developing ways to automate accounting tasks, forcing human accountants to provide more strategic, value-added services. That doesn’t mean corporate accountants are jumping ship, however.

Account 43
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Data Key To The Build-Or-Buy Question Of Enterprise Finance Apps

PYMNTS

In the accounting space, that means integrations with enterprise resource planning (ERP), accounts receivable, accounts payable, procurement, banking and other portals. This is one reason why companies may choose to work with a firm like Codence to custom build accounting software into their firms.

Finance 75