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What is Financial Reporting?

Centage

Financial reporting is a critical task for any organization. Understanding where your actual financials stand in relation to budgets and projections is important to keeping your business on track and in helping to create new projections and budgets. When using spreadsheets for financial reporting, these errors are amplified.

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5 Shocking Ways Outsourced Accounting Saves You Money!

CFO Network

5 Shocking Ways Outsourced Accounting Saves You Money! One area where many businesses can optimize their operations and cut costs is accounting. Outsourced accounting has emerged as a game-changer for businesses of all sizes. This blog will explore the surprising ways outsourced accounting can save money.

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What To Do if a Bank Tightens Up Your Advance Rates

CFO Simplified

In this case, the bank is giving you a percentage of those quick assets—either inventory or accounts receivable (AR)—to provide support for the loan they’re giving you. Bank fatigue might mean that your bank feels like: Your financial reporting isn’t getting done on time. Your financial reporting is inconsistent.

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How to best prepare for an audit post-acquisition

E78 Partners

Audits are an essential part of ensuring that a company’s financial statements are accurate and compliant with accounting standards. An acquisition adds complexity to the financial reporting and audit process, so it’s important to be proactive and prepared.

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5 Habits of Highly Effective CFOs

The Finance Weekly

CFOs rely on robust finance and accounting expertise, backed by years of experience, to boost the organization's financial health. In their capacity, CFOs usually: Engage with departments such as accounting, customer service, and finance. Address accounting and finance issues.

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Planful vs. Vena

The Finance Weekly

Planful Planful is a cloud-based FP&A software that empowers finance, accounting, and business users with a comprehensive suite of financial applications. These applications including modeling, planning, consolidation, reporting, and analytics were all designed to streamline business-wide operations.

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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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