Future CFO

APRIL 3, 2024

The data analysis, which was made by Shir Dekel , Analytics and Survey Design Expert, Global Thought Leadership at PwC, shows that higher rates of resource reallocation are associated with higher profit margins, suggesting that most companies could increase profitability by reallocating more actively.

Benchmarking 52

Benchmarking Data Analysis Leadership Finance 52

VCFO

MAY 30, 2024

For financial factors, this includes actions such as employing add-backs and adjustments to support accurate benchmarking, recognizing and reflecting one-time expenses, and ensuring accurate and properly prepared financial statements. We’ve sat in your leadership seat. creditors, potential investors, etc.) will view these measures.

Strategic Planning 92

Strategic Planning Benchmarking Planning Leadership 92

Nerd's Eye View

NOVEMBER 10, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a Fidelity benchmarking study revealed that both small and large RIAs saw positive organic growth in 2022, helping to mitigate AUM declines resulting from weak market performance.

Benchmarking 65

Benchmarking Practice Management Treasury Leadership 65

Fpanda Club

MARCH 14, 2021

This assumes continuous improvement towards maximum efficiency to free up time for strategic leadership, leading by example in productivity increase, development and use of new skills and knowledge, including understanding of process improvement methods and technologies, such as lean approach. Download this article

Finance 130

Finance Benchmarking Transportation Accounts Payable 130

CFO Leadership

OCTOBER 10, 2022

Research conducted for Robert Half’s 2022 Benchmarking Report found that staff retention is significant concern for 87% of employers in the United States. Senior leadership should help ensure that these managers have the tools and support they need to assume the rock star role successfully. Other BLS data shows that 4.2

Leadership 105

Leadership Benchmarking CFO Communication 105

VCFO

JANUARY 20, 2023

In most cases, developing a compensation philosophy and strategy is a collaborative effort across one’s executive team with key guidance provided by the organization’s compensation or HR leadership. Solid job descriptions are especially important when compensation and salary benchmarking are carried out.

Benchmarking 75

Benchmarking Leadership Education Compliance 75

CFO News Room

NOVEMBER 4, 2022

Representation goals — whether based on industry benchmarks or population data for the appropriate city, state, or country — are one component, but it’s equally important to incentivize leaders and create accountability systems to help make those strategies a success. This is a leadership pattern so pervasive it has a name: the “ glass cliff.”

Investments 100

Investments Leadership Accounting Analyzing Data 100

CFO Leadership

APRIL 10, 2023

Duty of Care Best Practices A global benchmarking study from International SOS was designed so organizations worldwide could compare duty of care policies and develop best practices to protect and support the global mobility of their employees and dependents. The post Navan’s Modern Approach to Duty of Care first appeared on CFO Leadership.

Risk Management 97

Risk Management Communication Leadership Benchmarking 97

CFO Leadership

APRIL 4, 2023

For instance, say you’ve thrown together an email for your team on performance benchmarks and the email seems too lengthy. The post Should CFOs Use ChatGPT first appeared on CFO Leadership. The post Should CFOs Use ChatGPT appeared first on CFO Leadership. We’ve polled CFOs about the skills they’d like to improve.

Leadership 98

Leadership CFO Benchmarking Communication 98

The Charity CFO

DECEMBER 20, 2023

How does one help clients understand their benchmarking? An organization is comparable to another within the same industry, and therefore they use each other to gauge success when it comes to meeting KPI goals and industry benchmarks. As a bonus, they also offer leadership development and coaching for their clients.

Nonprofit 52

Nonprofit Benchmarking Healthcare Restructuring 52

CFO Talks

MARCH 14, 2024

This could involve benchmarking against industry standards, conducting financial analyses, and implementing best practices. The CFO’s role is not limited to these responsibilities alone, but the initial tenure of a CFO is a defining period that sets the tone for their leadership and the financial trajectory of the company.

CFO 40

CFO Performance Measuring Benchmarking Restructuring 40

Centage

DECEMBER 1, 2021

They’re focused less on benchmarking current performance to the predicted budget and instead want to leverage real-time data to understand what the future looks like. But times have changed – which is why financial forecasting is more important than your annual budget.

Forecasting 98

Forecasting Budgeting Financial Planning and Analysis (FP&A) Benchmarking 98

The Charity CFO

JULY 17, 2023

Define Expectations Through Benchmarks and Other Metrics Before you can figure out if your nonprofit is healthy, you have to define what healthy means to your organization. Work with stakeholders like donors, fundraising heads, program leaders, and others to determine what metrics and benchmarks should be used.

Nonprofit 52

Nonprofit Benchmarking Auditing Compliance 52

CFO Thought Leader

OCTOBER 1, 2023

Leet concludes: “My team and I had this sense of ownership, in that we took personally the success or failure of the acquired companies—and because of this, we were able to step up and play a broader leadership role.” They’re spending a lot of money for things from which they’re not getting any value.

CFO 52

CFO Leadership Finance Leverage 52

Future CFO

MAY 2, 2023

Another good starting point is to look at other companies of similar size and scale within the same industry, which have already gone through a finance transformation process, as a benchmark for your organisation. These metrics need to be concrete, measurable and directly linked to transformation outcomes.

Finance 52

Finance Benchmarking Leadership Communication 52

Barry Ritholtz

JULY 11, 2023

Wall Street Journal ) see also Five Revealing Pictures : Professional money managers do well on their “slower”, buying decisions (actually well enough to beat benchmark portfolios!). She has worked at FT since 1988, and held leadership roles in investment management, distribution, technology, operations, and high-net-worth clients.

Benchmarking 77

Benchmarking Leadership Investments Marketing 77

Future CFO

MARCH 1, 2023

To create more business impact, finance functions may need to reimagine their strategy, leadership, operating model, talent and/or technology ,” said the analyst. Industry benchmarks : Benchmarking data from similar organisations can help provide context for the metrics being measured.

Finance 91

Finance Benchmarking Compliance SAP 91

CFO Leadership

MARCH 31, 2022

The Association for Financial Professionals (AFP) 2022 Payments Cost Benchmarking Survey found that 73% of organizations are now transitioning from checks to electronic payments. 2020 CRF-NACHA Survey on CRF Member Payment Benchmarks. The post 8 ways payment automation makes cash management better appeared first on CFO Leadership.

Cash Management 52

Cash Management Benchmarking Invoicing Leadership 52

CFO Leadership

OCTOBER 10, 2023

The latter, for example, is an offering that Bloomberg says can “ bring the full potential of AI to the financial domain ” and create entirely new workflows, economic analyses and financial benchmarks for its customers. The post Preparing Your Finance Organization for the New Era of AI first appeared on CFO Leadership.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

VCFO

DECEMBER 20, 2021

It’s the “golden rule” for a reason – ageless advice and a good benchmark to vet your decisions and actions against. Walk the talk of leadership by instilling, demonstrating, and advocating for the values that we believe in and that drive our companies to succeed. Speak and act with integrity and transparency.

Problem Solving 52

Problem Solving Benchmarking Leadership Education 52

Future CFO

APRIL 7, 2024

Some audit firms conduct market studies to benchmark their remuneration against competitors and other professions, helping to ensure competitiveness. Younger employees are found to be more inclined to leave their organisations for pay-related issues, which have been exacerbated by the impact of inflation on real wages.

Finance 52

Finance Auditing Benchmarking Accounting 52

The Charity CFO

AUGUST 14, 2023

Transparency and Public Perception Transparency is vital in every part of a successful nonprofit, especially staff and leadership salaries. A good place to start is by checking benchmarks and data on industry standards for similar positions. Nonprofits should keep the following in mind when setting the terms of compensation.

Nonprofit 52

Nonprofit Benchmarking CFO Leadership 52

VCFO

JANUARY 27, 2022

Implementing EOS, or a similar system, will help you and your leadership team get better at three important things: Vision – Get everyone in your organization 100% on the same page with where you’re going and how you plan to get there. Healthy – Help your leaders become a more cohesive, functional, healthy leadership team.

Benchmarking 80

Benchmarking Restructuring Leadership Planning 80

Future CFO

AUGUST 14, 2023

The advisory firm noted that it surveyed 249 senior enterprise risk executives in May 2023 to provide leaders with a benchmarked view of 20 emerging risks for enterprises. In addiiton, using outputs from these tools could well end up inadvertently infringing the intellectual property rights of others who have used it.

Concentration 52

Concentration Benchmarking Auditing Leadership 52

CFO Leadership

MARCH 31, 2022

According to the 2022 AFP Payments Cost Benchmark Survey, just 25% of organizations surveyed said they used them. The post Credit cards: The working capital tool for the digital era appeared first on CFO Leadership. The best kept secret. Virtual cards are completely digital and are best for paying invoices.

B2B 93

B2B Invoicing Benchmarking Leadership 93

Centage

JANUARY 18, 2024

Stronger interdepartmental communication and collaboration is a good benchmark to set as a best practice for this year. Centage’s error-free, drag & drop FP&A software offers a centralized, collaborative environment to create and update regular reports, and consolidate them for leadership as needed.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Data Analysis Leverage Risk Management 40

E78 Partners

APRIL 9, 2024

Announcement: Ensure that portfolio company leadership and security teams are aligned on the required cybersecurity measures during the post-acquisition phase. Their guidance helps align your organization’s cybersecurity processes with established industry benchmarks.

Investments 59

Investments Compliance Securities Benchmarking 59

CFO Talks

MARCH 20, 2024

Strong communication, change management, and leadership skills are crucial in this role. By embodying the four roles of the CFO and benchmarking it to the highest standards, finance leaders can effectively navigate the complexities of the modern business landscape, driving strategic growth and financial success.

CFO 52

CFO Compliance Performance Measuring Education 52

Spreadym

AUGUST 23, 2023

This helps ensure a smooth transition of leadership and critical roles. This involves identifying high-potential employees, providing them with opportunities for growth, and preparing them for leadership roles. Talent Pipeline Development Build a continuous pipeline of potential candidates for future positions.

Planning 52

Planning Leadership Compliance Analyzing Data 52

PYMNTS

AUGUST 30, 2017

The search for a new CEO of the embattled ride-hailing company comes at a time when Uber is also fighting with one of its shareholders, Benchmark Capital. Benchmark is embroiled in a board battle with Kalanick, filing a lawsuit to eliminate three board seats which were added under the leadership of the former CEO.

Benchmarking 40

Benchmarking Valuation Leadership Technology 40

E78 Partners

SEPTEMBER 14, 2023

At its core, a BP&B Health Check is a benchmarking exercise that evaluates an organization’s strategic alignment and financial agility against industry standards. BP&B process and acumen are foundational capabilities, fundamental to achieving an organization’s goals and objectives.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Financial Modeling Benchmarking 52

VCFO

SEPTEMBER 21, 2023

You can learn how you compare to your competitors and best in class by benchmarking your performance to a peer group. For instance, if your benchmarking shows a gross profit margin below the industry, that may signal excessive Cost of Goods Sold or Cost of Sales, suggesting operational or supplier agreement issues.

Valuation 86

Valuation Marketing Benchmarking CFO 86

PYMNTS

AUGUST 28, 2017

According to a news report in Reuters , citing Jeff Immelt’s Twitter feed, the GE chairman said: “I have decided not to pursue a leadership position at Uber,” adding that he had “immense respect for the company & founders.”.

Benchmarking 40

Benchmarking Valuation Leadership Technology 40

Collectiv

APRIL 13, 2022

Also, set up benchmarks to measure the success of the adoption process. What’s best for your organization depends on your reporting needs, data culture, user skills, flexibility required, complexity level, priorities, the ability to provide ongoing user training, and leadership commitment level.

Education 52

Education Benchmarking Leadership 52

Future CFO

SEPTEMBER 17, 2019

New Gartner benchmark study reveals 92% of HR leaders are prioritising budgeting and cost optimisation initiatives. During all phases of the economic market cycle, HR functions should regularly benchmark their internal data regarding their talent base (e.g., That’s the good news. Cross-function efforts.

Benchmarking 52

Benchmarking Budgeting Economics Forecasting 52

Future CFO

AUGUST 18, 2023

Key considerations when moving to shared services APQC benchmarks suggest that a finance shared services model provides a platform to automate up to 90% of journal entries, reducing cycle time to five days for monthly close. But building a shared services function requires careful consideration from the CFO and finance team leaders.

Finance 52

Finance Communication Accounts Payable Invoicing 52

Future CFO

JULY 19, 2021

Raymond Cheng, President of HKICPA and Chairman of Judging Panel of Best CG & ESG Awards 2021.

Benchmarking 52

Benchmarking Leadership Risk Management Communication 52