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

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 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

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

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 Planning Benchmarking Leadership 92

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

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

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

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

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 63

Strategic Planning CFO Budgeting Planning 63

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

Future CFO

AUGUST 30, 2021

What makes for a sought-after chief finance professional (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 stands out?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Problem Solving 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 80

Benchmarking Restructuring Leadership Planning 80

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 Numbers 93

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

JULY 19, 2021

The Hong Kong Institute of Certified Public Accountants (HKICPA) announced recently its launch of the Best Corporate Governance and ESG Awards , now inviting listed companies and public sector / not-for-profit organisations to enter the 2021 Awards by August 9, 2021.

Benchmarking 52

Benchmarking Leadership Risk Management Communication 52

CFO News Room

NOVEMBER 14, 2022

Prior to founding Journey, Penny ran a consulting and coaching firm called Thrivos Consulting, and prior to that worked in various leadership positions across the financial services industry. accountability partners that encourage and help each other to stick to goals), etc.

Practice Management 130

Practice Management Planning Leadership Communication 130

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

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

Planful

DECEMBER 28, 2016

To discuss the topic of financial reporting tips that will help create a smoother year-end close, Planful, in cooperation with CFO.com, invited thought leaders from The Hackett Group to participate in a webinar titled, The CFO Playbook on Financial Reporting: Tips for a Smoother Year-End Close. Responding to regulatory changes.

Benchmarking 40

Benchmarking Reconciliations Data Analysis Technology 40

Future CFO

MARCH 15, 2021

Doing so facilitates employees to easily benchmark themselves, map out a development plan to enhance their well-being and hold themselves accountable for their wellness, Gartner explained. More importantly, it encourages employees to seek out offerings the organization already provides, the firm added.

Benchmarking 40

Benchmarking Planning Accounting Leadership 40

CFO Leadership

APRIL 10, 2023

While the outdated approach to duty of care may have accounted for monitoring employees’ locations, a modern duty of care takes a more holistic approach. The post Navan’s Modern Approach to Duty of Care first appeared on CFO Leadership. The post Navan’s Modern Approach to Duty of Care appeared first on CFO Leadership.

Risk Management 97

Risk Management Communication Leadership Benchmarking 97

VCFO

NOVEMBER 1, 2023

These actions might include: A blitz on collection of past due receivables to reduce cash tied up in past due accounts, reduce bad debt exposure and improve DSO (days sales outstanding – a metric often scrutinized by lenders). Read more in our blog about Lease Accounting Updates.)

Finance 89

Finance Strategic Planning Auditing CFO 89

The Charity CFO

AUGUST 14, 2023

However, this often comes at the expense of their personal relationships, leisure time, and, naturally, their bank accounts. Transparency and Public Perception Transparency is vital in every part of a successful nonprofit, especially staff and leadership salaries. It’s only fair (and smart) to compensate them appropriately.

Nonprofit 52

Nonprofit Benchmarking CFO Leadership 52

Future CFO

AUGUST 18, 2023

In the finance function, basic accounting processes like accounts payable, payroll and purchasing are often allocated under the shared services model. This allows the organisation’s core finance and accounting (F&A) operations to concentrate on more strategic work, such as financial analysis and planning.

Finance 52

Finance Communication Accounts Payable Invoicing 52

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. Your bank account and your routing number are right there–no phishing or hacking required. 2020 CRF-NACHA Survey on CRF Member Payment Benchmarks.

Cash Management 52

Cash Management Benchmarking Invoicing Leadership 52

VCFO

MARCH 30, 2023

A good place to start is benchmarking yourself against your competition. One should also be proactive about how to explain or account for anomalies that without context may be cause for concern. Anyone with thoughts of selling their business within five years would be wise to get to work now.

Valuation 87

Valuation SAP Concentration Benchmarking 87

The Charity CFO

SEPTEMBER 25, 2023

That’s why it’s dangerous to rely on low overhead costs as a benchmark for effectiveness. The post Why Nonprofits Need to Stop Obsessing Over Expenses appeared first on The Charity CFO. Get the free guide!

Nonprofit 52

Nonprofit Budgeting Benchmarking CFO 52

CFO News Room

FEBRUARY 2, 2022

And we can then benchmark those answers against the 3,000 families, or the 2,500 other families, that are in the research and say, “At this level, your trust and communication look really solid, and there’s an opportunity here to improve alignment of values and mission.” ” And people say, “Wow, how little?

Communication 130

Communication Planning Education Numbers 130

Barry Ritholtz

FEBRUARY 13, 2023

And because remember, Lehman had the Lehman Agg and that was the benchmark. There is above benchmark returns to be generated by active selection of credit quality duration and specific bonds. Russia and Ukraine account for 12 percent of the calories in the world. There is alpha. Can you manage that through downturns?

Mergers and Acquisitions (M&A) 57

Mergers and Acquisitions (M&A) Investments Marketing Education 57

Barry Ritholtz

MAY 21, 2024

Unfortunately, nobody has the luxury of picking stocks for a 10 year period anymore, except for in, you know, our personal accounts. And it’s gotten ver like the average active fund has gotten closer and closer to the benchmark over the last five years. And to his credit, and this is a, a good display of leadership Yes.

Finance 57

Finance Marketing Numbers Investments 57

CFO News Room

NOVEMBER 15, 2022

In fact, the FTX situation more closely resembles the crisis at MF Global some years ago, which involved a proprietary trading division dipping into customer accounts to meet funding requirements. The rules he promulgated would’ve, by one account, given FTX and its subsidiaries “ a monopoly.”

Economics 130

Economics Investments Finance Benchmarking 130