The Finance Weekly

NOVEMBER 12, 2024

Budgeting —it’s a process that every organization needs, yet it can look vastly different depending on which approach you take. With so many options out there, choosing the right budgeting method can feel overwhelming. With so many options out there, choosing the right budgeting method can feel overwhelming.

Budgeting 52

Budgeting Restructuring Prioritization Cost Management 52

Lime Light

DECEMBER 10, 2024

In every budgeting cycle, companies must decide which operational costs to keep or cut. Zero-based budgeting (ZBB) is an approach that starts from zero, requiring every expense to be justified rather than relying on past budgets.

Budgeting 52

Budgeting Accounting Forecasting Planning 52

The Charity CFO

FEBRUARY 20, 2025

Nonprofit budgeting may be a source of dread for many, but there are ways to make the process (and outcome!) A well-crafted budget is a reflection of your mission and a roadmap to financial sustainability. Start with Your Mission Your nonprofits budget exists to advance your mission. much better.

Nonprofit 52

Nonprofit Budgeting Prioritization CFO 52

The Charity CFO

APRIL 29, 2025

Build a Strong Leadership Team with Financial and Operational Accountability Behind every financially sound nonprofit is a leadership team that doesnt just care about the missionbut also owns the outcomes. They fail when accountability is vague, leadership is fragmented, and financial ownership falls on one persons shoulders.

Leadership 75

Leadership Accounting Nonprofit CFO 75

Fpanda Club

MAY 17, 2022

Budget and annual planning cycle - these words can make many people tremble. There are many reasons to hate budget effort. Indeed, it usually takes several months to run the budget cycle. On average, companies build 5 versions of the budget before final approval. Too many iterations. Too many people involved.

Budgeting 147

Budgeting Planning Benchmarking Leadership 147

CFO Talks

APRIL 15, 2025

Accountability Isnt Admin Its Your Performance Lever For all the talk about AI-driven forecasting, real-time dashboards, and digitising the finance function, there remains one cornerstone of high-performing finance teams that no technology can replace: accountability. But accountability goes a step further.

Accounting 52

Accounting Forecasting Auditing Compliance 52

E78 Partners

DECEMBER 5, 2024

While we can all agree that AI’s impact on IT is significant and will continue to grow, are organizations prepared to manage the growing costs on their IT budgets? Estimates suggest that AI projects could take up to 10% of IT budgets yearly, and this figure is likely to increase. Data Pipes.” appeared first on E78 Partners.

Budgeting 52

Budgeting Benchmarking Auditing Cost Management 52

CFO Selections

JANUARY 13, 2025

With ethical challenges on the rise employee accountability is more important than ever before! If youre feeling overwhelmed thinking about how to shore up your accountability efforts, we have some helpful tips to share with you to reduce risk and improve business outcomes.

Accounting 52

Accounting Finance Budgeting 52

CFO Talks

FEBRUARY 12, 2025

Optimising Budgets: Strategies for Effective Financial Forecasting Financial forecasting plays a crucial role in managing budgets effectively. This article explores practical strategies to improve financial forecasting, helping businesses make informed decisions and optimise their budgets. What is Financial Forecasting?

Forecasting 52

Forecasting Budgeting Economics Planning 52

The Charity CFO

JANUARY 22, 2025

Many nonprofit leaders think accounting belongs solely to their CFO or accountant. If youre a particularly small organization, it may even be the CEO who wrangles an accounting spreadsheet every once in a while. The truth is, many successful nonprofits empower leaders to manage their own department budgets.

Nonprofit 52

Nonprofit Leadership Accounting Budgeting 52

Focus CFO

NOVEMBER 22, 2024

This clarity not only informs your budget but also drives strategic decision-making across your entire organization. Here are five key ways to align your sales forecasting and budgeting processes for success in the year ahead. How will you build your budget? This does not, however, mean that the plan should not be adjusted.

Forecasting 52

Forecasting Budgeting Sales CFO 52

The Charity CFO

MAY 12, 2025

When youre running a nonprofit, its tempting to think of accounting as something you can get by withmaybe its a part-time admin, a volunteer with QuickBooks experience, or a reactive scramble at tax time. But heres the truth: If your organization doesnt have a skilled accounting team, you dont just have a bookkeeping problem.

Nonprofit 91

Nonprofit Accounting Leadership CFO 91

CFO News Room

FEBRUARY 5, 2022

The Union Budget for 2022-23 made a string of other announcements on digital payments, including a plan to offer netbanking to depositors with India Post and another to set up 75 digital banking units across as many districts. The government also intends to tax transfer of ‘digital assets’, widely interpreted as cryptocurrencies, at 30%.

Budgeting 130

Budgeting Currencies Finance Banking 130

Cube Software

FEBRUARY 14, 2025

What is budget software for nonprofits? Budget software for nonprofits provides organizations with the tools to manage financial planning, monitor expenses, and generate reports while maintaining compliance with grant restrictions and donor requirements.

Nonprofit 52

Nonprofit Budgeting Compliance Accounting 52

CFO News Room

FEBRUARY 6, 2022

Finance Minister Nirmala Sitharaman had allocated Rs 73,000 crore for the Mahatma Gandhi National Rural Employment Guarantee Programme in last year’s budget too. The Centre has allocated Rs 73,000 crore for the rural jobs guarantee programme MGNREGA for 2022-23 in the Union Budget presented on Tuesday. This is 25.51

Budgeting 130

Budgeting Finance Securities Accounting 130

Fpanda Club

JANUARY 23, 2025

In this blog post I wont focus on the activities that fall into FP&As scope by default, such as budgeting, forecasting and regular analysis. Such tasks as reconciling accounts, monthly closing, preparing financial statements are part of the accounting cycle and are typically managed by accounting departments.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Mergers and Acquisitions (M&A) Prioritization Forecasting 130

Future CFO

FEBRUARY 2, 2025

Implementation Budget and Costs: The investment (budget and resources) for implementing AI in finance, including technology refreshment, change management towards best practices and training, can be challenging for businesses in APAC, especially for small and mid-market companies.

Accounts Payable 52

Accounts Payable Accounting Invoicing CFO 52

CFO News Room

NOVEMBER 13, 2022

But more importantly, marketers know from experience that when the economy turns, their budget is an easy target. During the pandemic, we saw numerous productive marketing advances, many of which were long overdue — from more agile budget allocation to accelerated digital transformation connecting marketing and e-commerce.

Budgeting 130

Budgeting Marketing Math Advertising 130

Lime Light

MARCH 10, 2025

For many finance teams, Excel is the default tool for budgeting, forecasting, and reporting. However, as businesses scale and transition from small accounting platforms like QuickBooks Online (QBO) to mid-sized ERPs like Sage Intacct, NetSuite, or Microsoft Dynamics , they begin to outgrow their spreadsheets.

Budgeting 52

Budgeting Forecasting Finance Accounting 52

CFO News Room

FEBRUARY 3, 2022

per cent that was originally budgeted. The major thrust of the just announced Union budget is on enhancing capital expenditure. This emphasis on capital expenditure is a major takeaway from the budget, says Dr Rangarajan speaking to Financial Express Online in the context of the just announced Union budget.

Budgeting 130

Budgeting Treasury Numbers Economics 130

CFO News Room

FEBRUARY 5, 2022

crore spent on this account in FY21. An additional differential excise duty of Rs 2 per litre has also been introduced on unblended auto-fuels, effective October 1, 2022 in the Union Budget. The government had withdrawn the LPG subsidy since May 2020. cylinder in Delhi).

Budgeting 130

Budgeting Sales Accounting Economics 130

Centage

AUGUST 15, 2022

With that in mind, many businesses are turning to budgeting and planning drivers as a way of obtaining more accurate information. A newer approach to financial management, driver-based planning involves examining a company’s main business and value drivers with a goal of designing plans and budgets with them in mind.

Budgeting 105

Budgeting Planning Forecasting GAAP 105

CFO News Room

FEBRUARY 5, 2022

The Budget on Tuesday proposed to extend the validity of its flagship guaranteed loan scheme by a year through March 2023 and widened its coverage by Rs 50,000 crore to Rs 5 lakh crore, acknowledging the need for a protracted period of succour to start-ups and small businesses as they grapple with the spread of the latest Covid strain.

Budgeting 130

Budgeting B2C Healthcare Economics 130

Global Finance

JANUARY 31, 2025

Finance Minister Nirmala Sitharaman had announced government intent to open up nuclear power to private investors in her federal budget statement a few months back. The sector accounts for a measly 8180 MW or just two percent of Indias power capacities. Proposals are expected to be received by March 31.

Investments 113

Investments Budgeting Finance Accounting 113

Centage

SEPTEMBER 11, 2023

Unfortunately, creating a perfect budget doesn’t mean that you’ll follow it. Budget vs actuals analysis is one of the most effective ways to maintain a clear picture of your company’s performance. Budget vs actuals analysis allows you to assess how well your organization is following its financial plans. Gather the Data.

Financial Planning and Analysis (FP&A) 105

Financial Planning and Analysis (FP&A) Budgeting Forecasting Performance Measuring 105

Lime Light

MARCH 13, 2025

They are used for everything from budgeting and forecasting to tax reporting and financial close processes. The True Cost of Spreadsheet Errors Spreadsheets have long been the foundation of financial planning and analysis (FP&A) for businesses.

Financial Planning and Analysis (FP&A) 52

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

CFO News

JANUARY 28, 2025

"In this insightful article, Ashok Haldia, former Secretary of ICAI, asks: Can India finally establish its own international accounting networka long-felt need, but with no worthwhile initiative so far? He explores the challenges and possibilities.

Accounting 49

Accounting Budgeting Accounting Firms Finance 49

https://trustedcfosolutions.com/feed/

APRIL 14, 2022

The challenge for these organizations is that managers only see the accounting data for the entities they manage, and feeding data into a single system can be complicated and challenging. A cloud-based, AI intelligent accounting solution provides the real-time data you need to make smart business decisions. Are our costs too high?

Accounting 117

Accounting General Ledger Accounts Payable Budgeting 117

Centage

JULY 25, 2023

Businesses across numerous industries use Microsoft Excel spreadsheets to accomplish a wide range of tasks, including bookkeeping, accounting, and project management. For many business owners, automated software outperforms conventional Excel spreadsheets for several accounting tasks, especially for emerging and growing businesses.

Budgeting 98

Budgeting Financial Planning and Analysis (FP&A) General Ledger Forecasting 98

Fpanda Club

MARCH 19, 2025

The FP&A function is often seen as accountants or controllers rather than strategic partners. Questioning other peoples thoughts and perspectives is part of FP&As daily job, for example, challenging our colleagues assumptions when analyzing business initiatives, budgeting or forecasting.

Financial Planning and Analysis (FP&A) 130

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

Centage

JUNE 12, 2023

If you don’t develop your budget incorporating these taxes and/or fees, how are you going to make a valid comparison of your budget against your actuals? We have many manufacturing customers that have realized the benefits of the solution – here are a few of their stories. Which for this industry, is not that uncommon.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Manufacturing Forecasting 98

Centage

AUGUST 1, 2023

Getting ready for budget season is a big task. If you don’t handle it effectively, you can struggle through the process to create a workable budget. Budgeting probably won’t be fun. Leaders would most likely rank “budget season” far down on the list of favorite times of the year.

Budgeting 98

Budgeting Financial Planning and Analysis (FP&A) Benchmarking Communication 98

CFO Plans

OCTOBER 29, 2024

This article explores effective strategies for accounts receivable and payable management, offering actionable insights to enhance financial stability and promote growth. Strategic Budget Planning as a Success Blueprint The journey to financial stability begins with strategic budget planning.

Accounts Payable 52

Accounts Payable CFO Budgeting Invoicing 52

The Charity CFO

JANUARY 15, 2025

The Budget: A Source of Tension and Opportunity One of the primary sources of tension between finance and development is the budgeting process. Anderson and Morris agreed that the ideal scenario involves a collaborative approach, where key players from all departments contribute to the budget creation.

Nonprofit 52

Nonprofit Finance Budgeting Leadership 52

Lime Light

MAY 20, 2025

If you're a small to mid-sized business using QuickBooks Online (QBO), chances are you've experienced its ease of use for accountingbut maybe not so much for budgeting, forecasting, and financial reporting. You're not alone.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Budgeting Forecasting Financial Reporting 40

Centage

JANUARY 17, 2023

As part of this process, the office of finance and department heads spend an immense amount of time creating, reviewing and approving the business’s budget for the fiscal year ahead – but it’s important that financial management doesn’t stop there. Budget vs Actual Statement – What It Is and What It Isn’t.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Planning Forecasting 98

Navigator SAP

JULY 15, 2022

It requires budget and commitment from leadership, and change management from employees. Midsize businesses, which generally have lower budgets and fewer skilled IT resources, must consider several points before making a decision. When is the right time to consider an ERP solution? Things to Consider When Evaluating ERP Solutions 1.

Budgeting 212

Budgeting Leadership Communication Leverage 212