Tax teams are taking on an increasingly strategic role within today’s businesses. However, given the rapid pace of change, many executives are still unaware of the untapped strategic potential within these teams. Watch Now: Tax reporting in a changing world Some organizational leaders may still view the tax department as a group of technicians – specialists responsible for tracking changes in the law, calculating tax liability, and filing the necessary paperwork.

FinTech companies disrupt the marketplace and become successful by making it faster, more convenient, and more rewarding for users to save, borrow, or invest money with their applications and services. The financial technology space is fast-paced and competitive, but inherently high-scale - so when a FinTech company achieves strong product-market fit, there’s tremendous potential for it to quickly expand its user base and start experiencing exponential growth.

The digitalization of tax and operational transfer pricing processes can have a huge impact on a multinational company’s ability to efficiently forecast and report its tax liability.

Discover the most effective techniques to develop fintech apps that are more effective and efficient while also improving revenue and cost management.

Fast and clean. These two words define the ideal financial close process. This standard is held up as a measure of a finance or accounting department’s effectiveness. Companies are expected to get the financial close process done within a standard business week. This demonstrates competence, resource efficiency, and good management. An efficient financial consolidation and close process does two vital things.

In this article, you will learn how Bitrise helps financial institutions solve rigorous security and compliance challenges to give teams the confidence they need to release quickly.

In this article, you will learn how Bitrise helps finance apps deliver a better customer experience resulting in more engaged and active users, and more market share.

Application programming interfaces (APIs) do a lot of behind-the-scenes work that you might never notice. When you look at the weather forecast on your smartphone, you get updated info because of an API. You rely on APIs when you sign into your email account, get driving directions, and book airplane tickets. Learn more below about how banks use APIs, and how APIs and finance work together in the industry.

The banking business is fast evolving, and individual banks that serve retail, commercial, small-to-medium-sized businesses (SMEs), or wealth management firms must make rapid changes to become “digital-first” enterprises. However, making such a transformation entails enormous risks. Banks that get digital transformation wrong risk damaging client relationships and losing market share to digital-only competitors who are more agile and technologically capable.

FinOps is a solution for controlling operational costs in a cloud environment and offers ways for teams to manage their cloud costs, wherein everyone takes ownership of their cloud usage. FinOps term is coined by combining Finance + DevOps. It’s an evolving cloud financial management discipline and cultural practice. In practice, FinOps means establishing performance indicators on an organization’s cloud costs based on service, business unit, environment, etc.