DECRYPTING CRYPTOCURRENCY TAXES

December 6, 2018

In Revenue Cycle there are numerous technical applications sold on the market intended to help improve financial performance. The contracting phase usually concludes before the IT professionals get an opportunity to dig into the details. Allowing executives to engage vendors without having their IT Security team dictate the strength and minimum standards required for technology invites trouble.

Spotlight

Raphaels Bank

Raphaels Bank was founded in 1787 and is the second oldest independent bank in the UK. Today we operate as a dynamic, niche savings and lending bank with a portfolio of ATMs and a well-established, market-leading Card Services team. Raphaels is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

OTHER WHITEPAPERS
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How to Build Financial Resilience Through AR Intelligence

whitePaper | June 12, 2023

Cash flow visibility is crucial in turbulent economic times because financial situations and market conditions can turn on a dime. But most AR, credit collections, and credit risk teams don’t have the visibility they need to quickly identify cash flow trends and effectively manage working capital. Many teams are sitting on mountains of data they can’t use.

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CREATING A DATA PRIVACY ARCHITECTURE

whitePaper | August 14, 2020

The European General Data Protection Regulation (GDPR) and California’s Consumer Privacy Act (CCPA) fundamentally change the way an organization needs to store its data. These and other regulations tend to have several common elements. First, there is a requirement to protect all data, both from disasters and from cyber-attack. Second, there is a need to organize data in such a way that the organization can meet requirements to retain data for a specific time.

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Embedded finance: The move towards invisible banking

whitePaper | April 1, 2023

“Banking is necessary; banks are not,” said Bill Gates in 1994. As financial services become increasingly embedded into everyday life, the truth of this statement has never been clearer. Customers are increasingly accessing financial services through channels other than the bank. Embedded finance is changing the banking landscape and is expected to have an estimated market value $138 billion by 2026, according to Juniper Research.

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E2E Cash Management

whitePaper | October 3, 2022

50% reduction in costs associated with cash handling/servicing by financial institutions (FIs) that implemented cash recycling, and typical reduction of cash replenishment and CIT visits by 20-50%. Advanced Friction Pick Technology allows accurate note separation and banknote transportation.

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Streamline Payments Modernization to embrace Instant Payments

whitePaper | May 31, 2023

Payments modernization has become more important and prevalent than ever before. The demand for faster, more secure, and more convenient payments options is on the increase. E-commerce, mobile payments, and other forms of digital transactions are on the rise. And consumers and businesses are seeking faster and more seamless ways to make and receive payments.

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FINANCE AUTOMATION: Thriving in the Age of Change

whitePaper | June 25, 2022

While most accounting teams have replaced their manual accounting practices with an updated, digital version, many are still following the old rules, such as close-related tasks being completed on a certain day of the month. With the use of automated accounting software, those tasks can and should be completed on your schedule not the outdated manual accounting checklist’s schedule. Accounting software that provides order and transparency to your books also lets you spread out the workload over the course of a month. The idea is that close-related work can and should be done continuously, and the team should be preparing for the close for the entire month rather than waiting until the end of it. The resulting monthly close is shorter, and the daily flow of work can be smoother.

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Spotlight

Raphaels Bank

Raphaels Bank was founded in 1787 and is the second oldest independent bank in the UK. Today we operate as a dynamic, niche savings and lending bank with a portfolio of ATMs and a well-established, market-leading Card Services team. Raphaels is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

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