Remove Accounting Remove Data Analysis Remove Financial Data Remove Leverage
article thumbnail

PodChats for FutureCFO: Bridging the confidence gap in financial data

Future CFO

BlackLine recently published a report titled, Finance & Accounting: in a Post-COVID World: Navigating the Changing Landscape. The pandemic has exposed gaps in the policies, the processes, the technologies that finance and accounting rely on. In the new normal, response time to changes is as critical as the accuracy of data. “We

article thumbnail

Unpacking the value of digital transformation in finance

Future CFO

Leveraging data to offer informed decisions Going beyond RPA, the shift to the cloud and vast amounts of data now available means CFOs have an opportunity and expectation to broaden their focus to not only improve the bottom line, but to also contribute to the top line by leveraging data to provide actionable business insights.

Finance 96
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

AI in the finance function

Future CFO

As a profession we have made significant progress over the years leveraging technology to streamline how we manage historical data and more recently, leveraging analytics on predicting outcomes. An example would be using Natural Language Processing (NLP) to analyse contracts and recommend the correct accounting treatment.

Finance 98
article thumbnail

3 Ways to Use Power BI To Make the Most Of Nonprofit Data

Collectiv

Data analysis is a treasure trove for non-profits. Solid processes around nonprofit data give you critical information to highlight unique aspects of your organization, boost morale, increase credibility, enhance transparency, and build community awareness to support your mission.

article thumbnail

Move On From Legacy Reports, Then Watch Adoption and Usage Double

Collectiv

But making sound financial decisions is arguably one of the most important considerations. Enterprises must use the right reporting tools to generate insights and leverage vast amounts of financial data effectively. Legacy reporting tools couldn’t meet the reporting requirements or fast-evolving user expectations.

article thumbnail

Where Can FP&A Career Path Take You?

Fpanda Club

The growing variety and complexity of tasks within the finance function has resulted in the creation of a discipline that is supposed to become a bridge between the finance and business to support decision-making process by leveraging data and technology. This relates to FP&A which stands for financial planning and analysis.

article thumbnail

Creating a sustainable future with ESG and finance

Jedox Finance

4 Due to the tight adoption timeline, with the first organizations having to report starting January 2024, organizations must pursue new systems, data-gathering processes, and controls necessary to comply with new reporting requirements.