The Finance Weekly

NOVEMBER 27, 2023

This measure aids in predicting future profits and establishing profitability goals and benchmarks. Accounts Receivable Turnover Ratio Your accounts receivable turnover ratio indicates how efficiently you collect cash from credit sales. Unlike the gross profit margin, it considers all expenses, not just direct costs.

Budgeting 52

Budgeting General Ledger Concentration Benchmarking 52

Spreadym

SEPTEMBER 19, 2023

They serve as a benchmark against which actual performance is measured, and any deviations from the budget may require approval or justification. Historical Data Analysis: Analyze historical financial data to identify trends, seasonality, and patterns that can inform your budget assumptions and forecasts.

Budgeting 59

Budgeting Forecasting Cash Flow Forecasting Benchmarking 59

Creative CFP

AUGUST 11, 2020

Essentially, the investor wants to assess your business’s financial risk profile. This is a combination of business and financial data about your company that helps the investor decide whether or not to invest. Sales growth is a measurement of the rate of change in sales from one comparable accounting period to the next.

Investments 52

Investments Accounts Payable Benchmarking Cash Flow Forecasting 52

Spreadym

JUNE 27, 2023

Budgeting involves allocating resources and setting financial targets for various departments or business units within the organization. Financial Analysis: FP&A professionals conduct in-depth analysis of financial data to assess the organization's performance and identify areas for improvement.

Financial Planning and Analysis (FP&A) 52

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

Michigan CFO

JUNE 7, 2023

Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team. CFOs play a pivotal role in strategic decision-making, ensuring the financial health and stability of the business. What qualifications do you need to be a virtual CFO?

CFO 52

CFO Problem Solving Budgeting Communication 52

Collectiv

JUNE 13, 2023

At the same time, many nonprofits are accountable to their donors, leading to a need to show these external stakeholders how and where they’re spending. Using Power BI for nonprofit data enables you to visualize financial data, customize reports for different audiences, and distribute them automatically.

Nonprofit 52

Nonprofit Leverage Budgeting Analyzing Data 52

The Charity CFO

JUNE 26, 2023

Take time to collect financial data from previous years as best as possible. Regular budget reviews on a quarterly or yearly basis are essential to see if you’re hitting your expected benchmarks in both revenue and expenses. Identify and log sources of revenue and common or recurring expenses.

Nonprofit 52

Nonprofit Budgeting Benchmarking CFO 52

PYMNTS

NOVEMBER 28, 2017

In today’s fast-paced business environment, the mad dash at the end of every month to close the books is hardly beneficial to today’s entrepreneur – or her accountant. “That forces the accountant to get into a phase of just trying to get it done. . “The news is about 30 days old at best.”

Financial Reporting 45

Financial Reporting Accounting Benchmarking Forecasting 45

Spreadym

JULY 14, 2023

Gather historical data: Collect historical financial data for the entity or project you are modeling. This includes financial statements (e.g., income statement, balance sheet, cash flow statement) and other relevant data points.

Financial Modeling 52

Financial Modeling Mergers and Acquisitions (M&A) Valuation Budgeting 52

Spreadym

JUNE 6, 2023

Performance evaluation: Financial forecasts serve as benchmarks for comparing actual financial results against projected figures. This evaluation helps in monitoring performance, identifying deviations, and taking corrective actions to achieve financial goals.

Forecasting 52

Forecasting Budgeting Planning Financial Modeling 52

CFO News Room

DECEMBER 26, 2022

10 Key Performance Indicators For Financial Advisory Firms To Compare With Industry Benchmarking Studies – Industry benchmarking studies can be a valuable tool for advisory firm owners to make better business decisions.

Planning 130

Planning Benchmarking Profit and Loss Communication 130

PYMNTS

JANUARY 26, 2018

Corporate accounting software is now a continually evolving space, but progress doesn’t occur in a vacuum: External forces and trends, from changing regulations to increased adoption of FinTech by the enterprise, force businesses to adjust how they record and report financial data. Open Banking initiatives in the EU, U.K.,

General Ledger 47

General Ledger Benchmarking Reconciliations Accounts Payable 47

Planful

OCTOBER 5, 2021

But a speedy month-end close isn’t just good for accounting—it’s also good for the business. By switching from this laborious, manual system to Planful, LT Apparel Group was able to cut down on reporting time by 98% , leading to swifter month-end closes and happier accountants. Consolidate Data in a Single Source of Truth.

Financial Planning and Analysis (FP&A) 40

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

PYMNTS

DECEMBER 30, 2016

The benchmark Dow is, of course, within striking distance of the 20,000-point level. At the latter, HEI Hotels got hit and inadvertently gave up credit card and other financial data. Nothing like those lucrative business travel accounts to tempt those cyberthieves, we suppose. Bank Stocks. bourses to record levels?

Benchmarking 49

Benchmarking Accounting Banking Currencies 49