Consumer-friendly technologies like Web-based e-mail and instant messaging, Twitter and Facebook have all brought compliance challenges, with companies typically reacting after something has gone wrong. With virtual environments and meetings, however, companies can get ahead of the trend, setting… Read the rest
Changes to revenue recognition rules may be beneficial but will lead to accounting headaches that new software can relieve.
Last September, regulators issued new revenue recognition rules that allow companies to book product and service sales separately—a boost for the… Read the rest
Securing corporate IT systems is crucial, but there are ways to make that effort more productive and less costly.
Companies have spent years beefing up their information technology governance, risk and compliance systems. With cutting costs now top of mind… Read the rest
New software products aim to help companies get the whip hand over ubiquitous but risky spreadsheets.
Concur Technologies helps companies automate the processes by which they manage employee travel and entertainment spending, but some of its own processes aren’t fully… Read the rest
New services deliver a range of technology without up-front capital investment. The downside could be giving up control.
More than a new buzz phrase to add to the list of client-server, ASP, hosted provider and software as a service (SaaS),… Read the rest
CitiDirect BE offers more analytics, automated account opening, mobile access and a video channel
Citi has begun rolling out its CitiDirect BE institutional online banking platform. CitiDirect BE—short for “Banking Evolution”—is a wholesale rebuild of its existing CitiDirect platform, which… Read the rest
CashPro Online boosts security and access; lets users tweak the interface
Bank of America’s new cash management portal, CashPro Online, will provide corporate treasury customers with better administrative tools and security, as well as access to more services, including foreign… Read the rest
Treasury departments where manual processes are still prevalent are struggling with getting timely information on accounts receivable, according to a recent report from Boston consultancy Aite Group. That slow stream of data on payments impedes a company’s ability
New AvantGard Treasury XE aims to deliver treasury support for the middle market
SunGard is set to launch on Sept. 22 a cloud-based, treasury-on-demand product for companies with up to $2 billion in revenue.
The new AvantGard Treasury
Accountant, CEO and executive director of the Maryland Association of CPAs, Tom Hood might not look like the kind of guy who spends a lot of time in an imaginary world. But he does—at work. And he encourages other accountants… Read the rest