Future CFO

AUGUST 1, 2023

As a result, the market for cloud-based financial applications in the region will witness significant growth in the coming years. FutureCFO spoke to Deka to dig deeper into the topic: Which features/capabilities in financial applications are most in demand by mid-size enterprises?

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

CFO Talks

MARCH 20, 2024

Think of a Controller as the head of getting day-to-day money matters right, like making sure every penny is accounted for and reports are spot-on. It’s about making plans for the company’s financial future and finding ways to make the business better. The CFO, however, looks at the bigger picture.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

The Finance Weekly

OCTOBER 31, 2021

Many of the same financial issues that profit-seeking enterprises face, such as increasing revenue, managing audits, and dealing with compliance, encounter non-profit organizations (NPOs). By managing and planning finances, you can maximize the return of your activities. Good investment and funding opportunities may be lost.

Planning 52

Planning Auditing Nonprofit Accounts Payable 52

The Finance Weekly

NOVEMBER 8, 2022

From accounting and payroll management to budgeting and forecasting, finance is the reason and numbers behind every bit of data that passes through the organization. The second option provides better priced plans and/or caters to different target audiences to ensure there will be a good option for any size or type of business.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98

The Charity CFO

JUNE 7, 2023

Statement of Activities Financial Uses Assessing Revenue Sources : Analyze the various revenue sources of a nonprofit, such as donations, grants, program fees, and investment income. This information is crucial for financial planning, budgeting, and identifying potential areas of revenue growth. accounts payable, loans).

Nonprofit 52

Nonprofit Accounts Payable Budgeting Strategic Planning 52

Spreadym

JULY 10, 2023

The financial close process, also known as the accounting close process or month-end close, is a series of steps undertaken by an organization to finalize its financial records for a specific accounting period. These entries correct errors, allocate costs, or reclassify transactions to the appropriate accounts.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

CFO Share

NOVEMBER 3, 2023

As a business grows, so do its financial intricacies. It’s common for many small business owners and finance directors to handle accounts receivable, accounts payable, and other financial tasks themselves in the early days. However, as the business scales, this can become overwhelming.

Invoicing 52

Invoicing Accounts Payable Compliance Financial Analysis 52

Centage

SEPTEMBER 6, 2022

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. So, why are so many companies relying on them to handle their financial needs? So, why are so many companies relying on them to handle their financial needs?

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

The Charity CFO

MAY 31, 2022

Even on nonprofit financial committees, some members may be skilled in accounting, others in banking, and others in investing or financial analysis. But if you bring zero experience in accounting or financial management to your organization, that’s okay. Don't hire the wrong accountant for your nonprofit!

Nonprofit 98

Nonprofit Finance Auditing Accounts Payable 98

PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. He pointed to financial reporting as one example of this shift.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

Michigan CFO

JUNE 7, 2023

Understanding the Role of a CFO A CFO is a high-level executive responsible for overseeing the financial activities of an organization. Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team.

CFO 52

CFO Problem Solving Budgeting Communication 52

CFO Simplified

APRIL 8, 2022

This person learns all the ins and outs of the accounting system and everything else about the business. The office manager controlled the company’s financial operations. She did payroll, accounts payable, invoicing and cash receipts. Financial Reporting. It provided significant detail in every account.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Reconciliations Forecasting 52

CFO Plans

SEPTEMBER 3, 2021

By Casey Gillam, Sales Manager @ CFO Plans Inc. Realizing he did not want to spend his time worrying about the daily back-office tasks such as accounting, accounts payable, and payroll, Alex met with CFO Plans to see if they could offer a solution to his pain points.

CFO 68

CFO Accounts Payable Planning Finance 68

CFO Simplified

NOVEMBER 28, 2022

The President of CFO Simplified, Larry Chester , shares the importance of inventory value reports with us. . What is the Inventory Value Report? An inventory value report is a financial report that lists the value of a company’s inventory at a specific point in time.

General Ledger 98

General Ledger CFO Accounts Payable Reconciliations 98

PYMNTS

APRIL 10, 2020

More sophisticated tools can empower teams to more accurately predict cash flows and guide their organizations’ growth strategies, with opportunities to collaborate across procurement, accounts payable, accounts receivable, treasury and beyond.

Corporate Finance 87

Corporate Finance Accounts Payable Finance Treasury 87

Planful

SEPTEMBER 10, 2015

Defining and Describing Enterprise Resource Planning. Enterprise Resource Planning, or ERP, is a system that is designed to process transactions and keep track of the resources within an organization. EPM assists the CFO and finance department in creating initial targets or budgets, and to coordinate planning across the organization.

Planning 40

Planning General Ledger Accounts Payable Budgeting 40

Centage

SEPTEMBER 6, 2022

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. So, why are so many companies relying on them to handle their financial needs? So, why are so many companies relying on them to handle their financial needs?

Securities 52

Securities Cash Flow Forecasting Budgeting Forecasting 52

Spreadym

JUNE 19, 2023

This forecast serves as a baseline for monitoring and planning your cash flow. Manage Accounts Receivable: Monitor your accounts receivable closely, ensuring that customers pay their invoices on time. This may involve segregating duties, implementing approval processes for expenses, and regularly reconciling accounts.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Accounts Payable 52

CFO Simplified

APRIL 22, 2022

Upgrading simple accounting software to an ERP (Enterprise Resource Planning) system that is going to manage every aspect of the company from operations to accounting and finance, and sometimes even sales and customer relations is no small task. There is a significant amount of planning that needs to take place.

General Ledger 52

General Ledger Accounts Payable Manufacturing Planning 52

CFO Simplified

APRIL 15, 2022

Current financial staff consisted of an accounts payable clerk, an accounts receivable clerk, and an accounting manager. Significant Findings, Recommendations and Course of Action: Monthly Reporting Package. Cost segregation and production reporting were excellent, but financial reporting was weak.

Profit and Loss 52

Profit and Loss Manufacturing CFO Accounts Payable 52

The Finance Weekly

OCTOBER 13, 2021

Compliance: Abide by laws regarding environmental regulations, financial reporting, etc. These offices, sometimes called the Office of Strategy Management (OSM) or Project Management Offices (PMO), handle measures, reporting, strategic projects, alignment, communications, and strategic planning, which are all under the guise of CPM.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Strategic Planning 52

CFO Share

MARCH 23, 2021

This enables continuous planning of future performance based on actual performance. A rolling forecast model is a dynamic and advantageous way to plan in an ever-changing business environment. Budgeting and forecasting are best practices in small business financial modeling. Build a headcount plan. Responsive and Dynamic.

Forecasting 52

Forecasting Financial Planning and Analysis (FP&A) Budgeting Cash Flow Forecasting 52

The Charity CFO

MARCH 2, 2022

I don’t know if my nonprofit’s accounting systems are bad… and I probably won’t know for sure until something bad happens.”. For more nonprofit accounting resources check out www.thecharitycfo.com. ?? And then of course, funders change their mind or the accounting rules have changed over the last few years for nonprofits.

Nonprofit 98

Nonprofit Auditing Reconciliations Accounting 98

BlueLight

JULY 30, 2020

Historically, the CFO role was focused on backward looking information: ensuring on-time and accurate financial reporting. The CFO role has evolved into a highly strategic role but needs a robust system to handle the day-to-day reporting tasks and generate accurate financial information. Edited for readability.

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

CFO Talks

MARCH 19, 2024

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.

CFO 52

CFO Communication Finance Budgeting 52

Planful

JANUARY 11, 2022

Now is the time for CFOs at organizations of all sizes to lean on AI to plan, budget, and forecast with greater accuracy, speed, and confidence. This was great for business but led to increasingly long financial reconciliation times. Finance and accounting professionals will continue to work late into the night.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40

PYMNTS

JULY 20, 2016

The company plans to finance its acquisition by divesting about $5 billion worth of IT services and software units, while it has already borrowed about $40 billion. Reports said EMC suppliers declined to comment on the matter, though one did say it does not see cause for concern. In the U.S.,

Invoicing 40

Invoicing Finance Financial Reporting Technology 40