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Finance vs. Accounting

CFO Simplified

The terms “finance” and “accounting” are often used interchangeably. There are, however, very real differences between finance and accounting. While many business owners look for a CFO to bolster their existing accounting team, here at CFO Simplified, we consider that a CFO would be categorized squarely in the finance category.

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From Controller to CFO: What Changes?

CFO Talks

Think of a Controller as the head of getting day-to-day money matters right, like making sure every penny is accounted for and reports are spot-on. It’s about making plans for the company’s financial future and finding ways to make the business better. The CFO, however, looks at the bigger picture.

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Preparing Your Finance Organization for the New Era of AI

CFO Leadership

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.

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10 Best Paying Jobs in Life Insurance in 2023

CFO News Room

Not only are they well-compensated for their work, but they also play an integral role in providing financial security through analysis and calculations of different kinds of life insurance policies. They carry out risk assessments, perform financial analyses, and generate reports for sales and management teams.

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Elevating tomorrow’s finance leaders today

Future 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. But these are table stakes of the profession. What stands out?

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Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

We emphasized the importance of communication, setting priorities, and the initial avoidance of hasty decisions. CFOs can lead the way in exploring and implementing new technologies, such as blockchain for secure transactions or digital currencies for new payment ecosystems, positioning their companies at the forefront of industry innovation.

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How FinTech Helps SMBs Get A Grip On The Numbers

PYMNTS

Financial management is mission-critical to the health and vitality of small business (SMB), but it’s also one of the most difficult tasks for entrepreneurs and business owners that may have the skills to launch new products or services, but lack the accounting expertise to handle the numbers. The firm secured $1.8

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