Future CFO

OCTOBER 7, 2019

Boston Consulting Group (BCG) compiled average cybersecurity spending – see Figure 1 – to reveal a lack of standard benchmark. Figure 1: Comparison of average security spending benchmarks. In reality, should there be a benchmark figure? Let's say a bank might have an IT budget of a hundred million dollars.

Budgeting 52

Budgeting Securities Benchmarking CFO 52

Adam Kae

JULY 17, 2023

From budgeting and forecasting to optimizing revenue streams, we'll cover essential considerations to empower your agency's growth journey. Mastering Budgeting and Forecasting Optimizing financial planning is crucial. You get access to a Virtual CFO ( , CFO Adam ) for only $97 per month. We meet virtually.

CFO 52

CFO Marketing Cash Flow Forecasting Budgeting 52

Generation CFO

DECEMBER 20, 2021

I started my career as an accountant in industry in the 1990s, and, at this time, we were very much of the ‘last-year + % salary increase’ brigade. As times progressed, and Excel models became more popular and complex, there was a tendency for many to move to a named individual level budget – but only if HR would release this information! .

Planning 131

Planning Benchmarking Budgeting Concentration 131

The Charity CFO

MARCH 22, 2024

Consider working with knowledgeable data and financial teams, such as The Charity CFO, to help create your data plan. 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!

Nonprofit 52

Nonprofit Leadership Benchmarking Leverage 52

CFO Talks

MARCH 19, 2024

Change Management: The Modern CFO’s Blueprint The role of a Chief Financial Officer (CFO) goes way beyond just looking after the company’s money. Developing the Finance Agenda Once strategic priorities are identified, the CFO distills these insights into a clear, concise list of goals.

CFO 52

CFO Communication Finance Budgeting 52

VCFO

NOVEMBER 1, 2023

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? Read more in our blog about Lease Accounting Updates.) Or is it the customers that need to be incentivized with year-end offers?

Finance 91

Finance Strategic Planning Auditing CFO 91

VCFO

MARCH 2, 2023

Challenges Faced by Professional Services Firms (and How a Strategic CFO Can Address Them) Professional services firms are unique entities. Below, we dive into what successful professional services firms do and what an experienced CFO adds to the mix. Instead, their assets are their people.

Strategic Planning 64

Strategic Planning CFO Budgeting Planning 64

PYMNTS

DECEMBER 11, 2017

Accounting software that boosts automation isn’t taking jobs away from human accountants. But it is altering the profession, with more small businesses seeking advisory services from their accountants and bookkeepers. Accountants are starting to pay attention to upcoming disruption too. 61 percent of U.S.

Accounting 42

Accounting Benchmarking Accounts Payable CFO 42

Future CFO

MARCH 1, 2023

With the CFO being one of the key architects of an organisation’s digital transformation, Gartner says the CFO needs a finance function that drives the strategic ambitions of the enterprise. “To They also help to ensure accountability and alignment across the organisation. Simplicity is key when it comes to selecting metrics.

Finance 91

Finance Benchmarking Compliance SAP 91

Future CFO

AUGUST 30, 2021

What makes for a sought-after chief finance professional (CFO)? These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances. CFOs must take a central role in an organisation, helping to guide business decisions with a high level of business acumen and commercial mindedness.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Problem Solving 52

The Charity CFO

SEPTEMBER 25, 2023

The Effects Expense-Obsession Has on Nonprofits To be sure, overhead costs and routine expenditures are an essential part of any budget , and not keeping them under control is a certain path to trouble. That’s why it’s dangerous to rely on low overhead costs as a benchmark for effectiveness. Get the free guide!

Nonprofit 52

Nonprofit Budgeting Benchmarking CFO 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

CFO News Room

NOVEMBER 4, 2022

They’ve identified three areas where organizations need to focus and invest to keep DEI momentum going: connecting a good strategy to the right accountability; collecting and analyzing the right data; and truly empowering DEI leaders. A good strategy is connected to the right accountable parties. . Collect and analyze the right data.

Investments 100

Investments Leadership Accounting Analyzing Data 100

The CFO College

MAY 12, 2021

Even though working remotely as your own boss is the dream of many bookkeepers and accountants, it’s too easy to find yourself struggling to make ends meet, hunting down payment from clients, and settling for any client who throws work at you. ” The answers to these questions give you a benchmark for success.

Education 52

Education CFO Investments Budgeting 52

The CFO College

APRIL 8, 2021

For many bookkeepers and accountants, working remotely is a reality that has breathed energy back into the passion they feel for their work and their life. At CFO Bookkeeper, we use “VIP” to refer to “Valuable Expert, Instructor, Participant.” Your understanding of these keys begins here.

CFO 52

CFO Benchmarking Accounting Tax Planning 52

Onplan

NOVEMBER 30, 2022

Finance professionals and teams today have numerous solutions available to help them plan, budget, forecast, and analyze financial information. OnPlan is an all-in-one FP&A solution that streamlines financial forecasting, budgeting, and workflow management by connecting existing spreadsheets to a robust analytics hub. Key features.

Financial Planning and Analysis (FP&A) 52

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

VCFO

MARCH 30, 2023

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.

Valuation 89

Valuation SAP Concentration Benchmarking 89

Planful

OCTOBER 25, 2016

Among the many great topics on the agenda at the Argyle CFO Leadership Forum in Dallas was a session titled “Managing and Minimizing Enterprise Risk.” VP and CFO of Kajima Building and Design, Inc. The session was moderated by Bona Allen, Sr. The takeaway? A few of the panelists commented on this.

Risk Management 40

Risk Management CFO Budgeting Benchmarking 40

Future CFO

APRIL 24, 2023

Boards expand competency in cybersecurity oversight The board’s increased focus on cybersecurity is being driven by the trend toward explicit-level accountability for cybersecurity to include enhanced responsibilities for board members in their governance activities.

Securities 52

Securities Risk Management Benchmarking Restructuring 52

Future CFO

MAY 26, 2020

Asked what the priorities of the financial planning and analysis teams were in 2018, three-quarters of CFOs surveyed by FutureCFO between March and April 2020 picked planning, budgeting and forecasting as a key function of the department. She noted that the CFO function is at an inflection point.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Treasury Education 52

Planful

DECEMBER 28, 2016

This includes finalizing the budget as well as considerations for upcoming regulatory changes. Lack of a standard Chart of Accounts across divisions. The Hackett Group benchmark research shows that world-class companies will consolidate and close the month-end books within 3 days, and report within 2 days.

Benchmarking 40

Benchmarking Reconciliations Data Analysis Technology 40

CFO News Room

DECEMBER 3, 2022

While this represented a higher benchmark than the preceding “suitability” standard imposed by FINRA on its members , it fell short of a full fiduciary obligation (creating a gap between the obligations to customers of broker-dealer representatives and the clients of advisers at RIAs). Eliza De Pardo | RIABiz).

Communication 130

Communication Investments Planning Marketing 130

The Charity CFO

MARCH 16, 2022

For more nonprofit accounting resources check out www.thecharitycfo.com . Tosha Anderson: Many of our clients starting to dabble their toes in grant writing, or we start getting introduced from the accounting perspective. We hear about that on the accounting side, in case you deal with that on the grant writing side.

Nonprofit 52

Nonprofit Budgeting Accounting Investments 52

CFO News Room

NOVEMBER 28, 2022

When consumers think about cash flow management, the word ‘budget’ might come to mind. Along with designing a client’s asset allocation , optimizing asset location is another way advisors can add value as putting different investments in taxable versus tax-deferred accounts can have a significant impact on after-tax returns.

Tax Planning 130

Tax Planning Planning Investments Profit and Loss 130

CFO News Room

NOVEMBER 14, 2022

accountability partners that encourage and help each other to stick to goals), etc. The benefit of establishing Objectives and Key Results (OKRs) is that they serve as an accountability tool, keeping team members accountable for the types of activities that drive results. Support The Development Of New Associate Advisors.

Practice Management 130

Practice Management Planning Leadership Communication 130