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Nonprofit Leadership: Using Data for Better Decision-Making

The Charity CFO

Leveraging Data in Nonprofit Leadership How can you use data effectively as a nonprofit leader? In addition to identifying KPIs, you’ll need to establish benchmarks for success. After choosing KPIs and their benchmarks, you can start incorporating data insights into strategic planning. Get the free guide!

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Professional Services Firms Challenges

VCFO

Some may think that makes financial management and strategic planning in a professional services firm simpler. This approach often manifests itself through mental exercises of “we did X in revenue this year and want to do Y% more next year,” but lacks sufficient thought and planning as to how that’s going to happen.

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Strategic Finance Focus at Year-End

VCFO

Alternatively, if expenses are running over budget, are there line items that can be cut or deferred to pull overall expenses back in line with budget? Tax Planning is Beneficial and Essential A wise person once said that failing to plan is planning to fail. It is important to ensure that is happening.

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FP&A best practices for 2024

Centage

Finance teams often get asked to do more with less, which makes it important that you adopt the right FP&A tools to amplify your capabilities and create more time for strategic planning. Stronger interdepartmental communication and collaboration is a good benchmark to set as a best practice for this year.

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Elevating tomorrow’s finance leaders today

Future CFO

According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances. What makes for a sought-after chief finance professional (CFO)?

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Change Management: The Modern CFO’s Blueprint 

CFO Talks

This list should encompass both quick wins, such as automating invoice processing to improve cash flow management, and long-term objectives, like integrating AI-driven analytics for more accurate financial forecasting and strategic planning. Fostering Commitment to Change True leadership is shown by example.

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Building Blocks of Business Valuation

VCFO

A good place to start is benchmarking yourself against your competition. Technology investments are often punted forward to satisfy budget concerns or to calm fears of painful implementations, but those reasons should never get in the way of evaluating the potential return on technology investments.