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FIS: Blockchain Transformation Must Be Deliberate

PYMNTS

At its most basic level, this is how Pigg would describe blockchain: “Imagine a spreadsheet (ledger) that is duplicated (distributed) thousands of times across a network of computers (nodes). This spreadsheet is constantly reconciled (by miners) and updated instantly with new transactions (blocks). Deployment And Scale.

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Transforming with Accounts Payable Best Practices to Improve Performance

Nanonets

  For accounts payable internal controls best practices, strong internal controls should use technology-based systems to detect and flag possible errors, including duplicate invoices, and prevent potential fraud. AP automation systems flag exceptions and duplicate invoices to avoid payment errors. 

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Maximizing Efficiency in Financial Statement Preparation with Automation

FloQast

Companies that automate their financial statement preparation processes often benefit from improved accuracy, near real-time data, and increased efficiency. Fact: Companies that automate part of their financial statement preparation process reduce time-to-Close by 33% or more.

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Stripe ($22.5B) in da house

CB Insights

If capturing this type of institutional knowledge, reducing duplication of effort, and speeding up enterprise decision-making would be valuable to you, I’d encourage you to sign up for early access. Corporate VC. Technology scouting. Corporate M&A/corp dev. Corporate partnerships & BD. Digital transformation. But 5G could be.

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How to Do Ad Hoc Analysis

The Finance Weekly

Cleaning the data is essentialthis includes removing duplicates, filling in missing values, and organizing it properly. Analyze the Data Now, its time to dig into the numbers. Real-Time Data Access Since ad hoc reports are used for quick decision-making, they need access to real-time (or near real-time) data.

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