Adam Kae

JULY 17, 2023

A Fractional CFO can help you discover how to develop accurate and detailed budgets, align them with your agency's goals, and effectively forecast revenue and expenses. Adam Kae & Associates knows how to optimize working capital, manage accounts receivable and payable, and leverage financial tools to maintain a healthy cash flow cycle.

CFO 52

CFO Marketing Cash Flow Forecasting Budgeting 52

CFO Thought Leader

OCTOBER 1, 2023

” – Jason Leet, CFO, Zylo CFOTL: Tell us about Zylo … what does this company do, and what are its offerings today? Leet: I’ve been here for about 9 months now as CFO. We’ve done a lot of research based on our big customer base and the large amount of spend and benchmarking data that we have.

CFO 52

CFO Leadership Finance Leverage 52

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 News

APRIL 2, 2023

The Monetary Policy Committee (MPC) of the Reserve Bank will be meeting for three days on April 3, 5 and 6 to take into account various domestic and global factors before coming out with the first bi-monthly monetary policy for fiscal 2023-24.

Benchmarking 52

Benchmarking Accounting Banking 52

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 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

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. All of this, of course, supports the planning process and benchmarking between organisations. The post Make HR your BFF for Financial Workforce Planning appeared first on Generation CFO.

Planning 131

Planning Benchmarking Budgeting Concentration 131

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

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. You can find Tosha and the Charity CFO team on Youtube or our website, thecharitycfo.com !

Nonprofit 52

Nonprofit Benchmarking Healthcare Restructuring 52

Future CFO

DECEMBER 26, 2019

The accounting profession is going through some major changes. Small businesses now have so much choice when it comes to selecting an accounting practice, that ordinary services like compliance, tax preparation and basic bookkeeping have become commoditised. The rise of the virtual CFO The virtual CFO is a fairly new concept.

CFO 40

CFO Compliance Cash Flow Forecasting Benchmarking 40

CFO Simplified

DECEMBER 26, 2021

It’s easy to grow without noticing that your finance and accounting department is stretched far too thin. From overworked staff accountants to controllers running month-end closes, a poorly structured finance, and accounting department can put strains on your business’ growth. Roles and Responsibilities. Company Size.

Finance 52

Finance General Ledger CFO Auditing 52

Future CFO

APRIL 7, 2024

Remuneration ranks as the second most critical factor affecting talent attraction and retention in the audit profession across the majority of regions, according to a recent joint survey by the Association of Chartered Certified Accountants and the Chartered Accountants Australia and New Zealand.

Finance 52

Finance Auditing Benchmarking Accounting 52

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. These can be developed using competitor benchmark data for the firm.

Strategic Planning 64

Strategic Planning CFO Budgeting Planning 64

CFO Leadership

APRIL 4, 2023

For example, we asked how much a company should spend on accounts receivable, as a percentage of revenue. So, we asked what percent of revenue a contract manufacturer in the Midwest with $5 million in annual revenue should spend on accounts receivable. Then, we asked “Is accounts receivable part of finance?” Fair point.

Leadership 98

Leadership CFO Benchmarking Communication 98

CFO News

JULY 11, 2023

Governor Shaktikanta Das discussed issues relating to strengthening credit underwriting standards, monitoring of large exposures, implementation of External Benchmark Linked Rate (EBLR) guidelines, bolstering IT security and IT governance, improving recovery from writtenoff accounts, and timely and accurate sharing of information with credit information (..)

Benchmarking 52

Benchmarking Banking Securities Accounting 52

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

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? The CFO has to stand there and say I'm a risk professional.

Budgeting 52

Budgeting Securities Benchmarking CFO 52

CFO Leadership

OCTOBER 10, 2023

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. AI is a tool and not a replacement for finance professionals.

Financial Planning and Analysis (FP&A) 115

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

Strategic Treasurer

MAY 12, 2022

The survey’s questions probed NBFIs on their plans, activities, and priorities and gathered details ranging from account use to AI/ML adoption and collateral management. Benchmarking: Personal Best. This survey is designed as a benchmarking guide for corporate treasury. The vast majority were North American corporates (91%).

Prioritization 52

Prioritization Compliance Securities Benchmarking 52

Future CFO

OCTOBER 31, 2023

HR is often considered the one-stop shop for all things people management, but a CFO can wield substantial influence in how a company treats—and hopefully retains—its workforce. CFO-led efforts in job architecture and sales compensation play a major role in driving employee satisfaction, and ultimately, boosting talent retention.

CFO 52

CFO Benchmarking Technology Marketing 52

CFO News

MAY 19, 2023

The Reserve Bank of India will transfer a surplus of ₹87,416 crore to the government for the 2022-23 accounting year, up from ₹30,307 crore in 2021-2022.

Benchmarking 52

Benchmarking Sales Accounting Banking 52

Future CFO

MAY 1, 2024

A career “Expectation for a controller continually evolves,” according to Giselle Arellano-Geronimo , vice president – head of finance, accounting & procurement (controller) at Shearwater Health , and the winner of the 2024 FutureCFO Controller of the Year Award.

Leadership 98

Leadership IFRS Finance Communication 98

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

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. CFO: The disruption of 2020 highlighted the need for the finance function to be more responsive – continually re-evaluating both short and long-term goals and strategies.

Financial Planning and Analysis (FP&A) 52

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

Fpanda Club

APRIL 18, 2022

Within the FP&A function SWOT analysis can be used, for example, in self-assessment purposes which can be done with the help of internal customers and benchmarks. From the FP&A’s perspective, business and marketing teams, CFO and other senior management are internal clients while the results of performed activities (i.e.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Marketing Finance Forecasting 130

The Charity CFO

MAY 30, 2023

Organizations should establish a formal process for reviewing and determining the executive salary based on industry benchmarks. Accurate and thorough completion of Form 990 is crucial for nonprofits to maintain their tax-exempt status and showcase their commitment to transparency and accountability. Get the free guide!

Nonprofit 52

Nonprofit Compliance Benchmarking CFO 52

VCFO

JANUARY 27, 2022

If you allow your accounts receivable collection cycle to extend too far out, you are essentially losing money on every sale due to timing. Accountability. This methodology keeps us aligned, it keeps us accountable, and we plan for the future on a routine basis. We run an EOS organization and many of our clients do as well.

Benchmarking 81

Benchmarking Restructuring Leadership Planning 81

The Charity CFO

JUNE 26, 2023

As mentioned above, expenses will primarily fall into one of three categories: Program expenses Fundraising expenses Administrative expenses While program expenses are the core of your organization’s mission, fundraising and administrative costs also need to be properly accounted for to keep the lights on. But the work isn’t over.

Nonprofit 52

Nonprofit Budgeting Benchmarking CFO 52

Future CFO

OCTOBER 5, 2020

As organisations progress in their digital transformation journeys, CFOs are making structural changes to their finance departments, These include weaving together a mix of shared service centres, centres of excellence, and outsourcing arrangements. Do you see it ever reaching a CFO level?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Benchmarking CFO Finance 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 Tax Planning Accounting 52

CFO Leadership

MARCH 31, 2022

Card payments are secure–they don’t have to expose their bank account number. 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.

B2B 93

B2B Invoicing Benchmarking Leadership 93

Future CFO

SEPTEMBER 1, 2019

The Monetary Authority of Singapore (MAS) has set up a steering committee to oversee an industry-wide interest rate benchmark transition from the Singapore dollar (SGD) Swap Offer Rate (SOR) to the Singapore Overnight Rate Average (SORA), in response to the discontinuation of the use of Libor (London Inter-bank Offered Rate) in Dec 2021. .

Benchmarking 40

Benchmarking Accounting Standards Currencies Accounting 40

Future CFO

FEBRUARY 15, 2021

BlackLine recently published a report titled, Finance & Accounting: in a Post-COVID World: Navigating the Changing Landscape. At a recent roundtable, one CFO commented she can’t recall a period in recent years where her team had done so many “what if” analysis than in 2020. The visibility conundrum.

Financial Data 52

Financial Data Finance Benchmarking CFO 52

Future CFO

DECEMBER 21, 2023

There is also the natural climate to take into account. Review the credit terms you extend to customers and suppliers, and benchmark your trade terms against the rest of your industry. Make sure your client portfolio is balanced so you are not relying heavily on one or two clients for most of your income.

Profit and Loss 52

Profit and Loss Concentration Benchmarking Invoicing 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

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