Future CFO

NOVEMBER 27, 2024

The accountancy profession, as we know it, faced challenges in technology--what with the concerns on how artificial intelligence poses threat on their jobs regarding the way it can take over their roles. Finance teams found their way in 2024 to keep up with the ever-changing market landscape brought about by a number of factors.

Accounting 105

Accounting Finance Problem Solving Accounts Payable 105

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

CFO Plans

JANUARY 6, 2025

To navigate this transition smoothly, you’ll need to focus on financial planning for solopreneurs, ensuring that your business is financially poised to embrace this change. Start your financial journey with expert guidance from CFO Plans. Develop a comprehensive onboarding plan that aligns with your solopreneur growth strategies.

Planning 52

Planning Budgeting CFO Leverage 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. Why Shared Financial Responsibility Matters A single CEO, CFO or accountant should not hold all financial knowledge.

Nonprofit 52

Nonprofit Leadership Accounting Budgeting 52

Nerd's Eye View

FEBRUARY 26, 2025

To achieve this, financial support may start at a very young age, allowing for a longer growth horizon and, in many cases, serving tax and estate planning purposes. 529 plans offer greater flexibility in ownership but restrict how funds can be used, particularly for educational expenses. Read More.

Planning 90

Planning Education Restructuring Accounting 90

Collectiv

MAY 19, 2025

But theyve been locked out of the planning process because traditional tools werent built for them. It puts forecasting capabilities in the hands of sales managers, budget owners, and department leadswithout requiring them to learn DAX or navigate a planning system built for analysts. They understand the drivers. The impact?

Forecasting 52

Forecasting Planning Budgeting Auditing 52

CFO Talks

JANUARY 8, 2025

Understand Your Teams Starting Point Before planning for growth, its essential to know where your team currently stands. This understanding helps you identify training needs and create tailored development plans. Encourage scenario planning as part of your teams routine. Are there areas where they consistently excel?

Finance 52

Finance Budgeting Problem Solving Accounts Payable 52

CFO Talks

NOVEMBER 21, 2024

I then applied for a Junior Accountant position and pursued further studies to support that career shift. For a newly qualified accountant aiming to become a CFO, there are several key skills that are essential to develop. My career began as an admin clerk and bookkeeper, roles that left me feeling unfulfilled.

CFO 98

CFO Leadership Problem Solving Communication 98

The Finance Weekly

OCTOBER 30, 2024

One of the major trends in this space is the ability to connect bank accounts seamlessly, providing real-time visibility into your financial status. Datarails Datarails Cash Management is an all-in-one financial planning platform designed to make cash management easy for businesses of all sizes.

Cash Management 52

Cash Management Cash Flow Forecasting Reconciliations Forecasting 52

Global Finance

DECEMBER 26, 2024

Ashley Pater , general manager of Hedge Trackers LLC, a global accounting, consulting, and software services company focused on financial risk protection, owned by platform provider GTreasury says automation is improving FX risk visibility, transforming FX risk management from a reactive task to an operational imperative.

Treasury 59

Treasury Risk Management Currencies SAP 59

The Finance Weekly

JANUARY 5, 2025

Finance AI chatbots provide this by: Answering FAQs about loans, interest rates, or account management. Assisting Financial Planning Finance AI chatbots are excellent tools for budgeting and financial planning. Free plan with basic features. Cons Advanced features may require premium plans. Affordable pricing.

Finance 52

Finance Budgeting Financial Data Forecasting 52

Nerd's Eye View

JANUARY 15, 2025

For most people, Social Security benefits are calculated using a single formula, which takes into account the individual's history of earning income on which they paid Social Security tax. This lack of clarity made retirement planning significantly more challenging. Read More.

Securities 98

Securities Planning Communication Accounting 98

Future CFO

MARCH 3, 2025

By 2025, the traditional image of number-crunching accountants confined to back offices will be a relic of the past. CFOs, controllers, and management accountants must embrace agility and foresight to thrive in this dynamic environment. This doesn't necessarily translate to job losses, but rather a shift in required skills.

Finance 69

Finance Communication Leadership Profit and Loss 69

Global Finance

JANUARY 2, 2025

Baruch Lev is Philip Bardes professor emeritus of Accounting and Finance, Kaufman Management Center, Leonard N. Feng Gu is chair and professor of Accounting and Law at the School of Management, State University of New York at Buffalo. Lev: One important element of successful due diligence is to look at the accounting.

Mergers and Acquisitions (M&A) 124

Mergers and Acquisitions (M&A) Finance Accounting Forecasting 124

CFO Talks

APRIL 22, 2025

Because lets face these days, planning the future on a single-track projection is like betting the farm on a weather forecast. Done right, its not just a technical upgrade to your planning toolkit. Traditional forecasting assumes that things go to plan. As CFO, your job is not just to produce a plan. Its a mindset shift.

Forecasting 52

Forecasting CFO Leadership Concentration 52

CFO Plans

NOVEMBER 4, 2024

In today’s dynamic financial landscape, Discover Strategic Financial Planning Solutions that are more than a necessity; they’re the backbone of sustainable business growth. By understanding the return on investment, companies can ensure that their financial planning aligns with their growth objectives.

CFO 52

CFO Cost Management Leverage Planning 52

Global Finance

FEBRUARY 5, 2025

In the shorter term, the bi-continental countrys much-vaunted Twelfth Development Plan (2024 to 2028) aims to improve its international stature, fostering prosperity and combating inflation whilst maintaining strong and sustainable public finances. The goal is for Turkey to account for 1.5% If FDI is the main yardstick, not so well.

Foreign Exchange 117

Foreign Exchange Economics Investments Prioritization 117

Global Finance

DECEMBER 27, 2024

This puts Tanzania among the few countries in Africa where investors can plan for the long term without fear of sudden political upheavals. First is protecting existing contracts, which is crucial for long-term investment planning. Government data show the mining sector accounts for 9.1% Tanzania office. A few areas stand out.

Foreign Exchange 144

Foreign Exchange Investments Economics Currencies 144

CFO Thought Leader

DECEMBER 24, 2024

Instead of focusing solely on near-term investor demands, CFOs must structure financial planning like a marathonmapping out sustainable growth through transparent scenario planning that accounts for macro uncertainties. First, he stresses that long-term efficiency must guide strategy.

CFO 52

CFO Finance Planning Accounting 52

Global Finance

DECEMBER 6, 2024

Global Finance: How has sustainable investing evolved as an aspect of long-term wealth planning? These tools cannot replace governmental accountability, which establishes comparable standards and internalizes the external costs of business activities, such as carbon emissions. Daniel Wild, chief sustainability officer at J.

Investments 104

Investments Valuation Education Banking 104

CFO Talks

NOVEMBER 29, 2024

Accountability is another key component. The AFE lays out clear lines of responsibility, documenting who approved what and ensuring departments are held accountable for financial decisions. Balancing these demands requires careful planning and prioritization. This allowed us to identify areas that needed immediate attention.

Finance 98

Finance Profit and Loss CFO Leadership 98

CFO Plans

NOVEMBER 18, 2024

By demonstrating a commitment to accountability, organizations can significantly boost stakeholder confidence. Discover How to Lead with Financial Accountability. This positions an organization as a leader in financial accountability leadership , setting a standard for others in the industry to follow.

Communication 52

Communication Finance CFO Prioritization 52

CFO Talks

MARCH 13, 2025

Todays financial systems integrate with Enterprise Resource Planning (ERP) software, cloud computing, and artificial intelligence (AI) to provide instant access to up-to-date financial information. This shift allows businesses to move from reactive decision-making to proactive planning.

Financial Reporting 52

Financial Reporting IFRS Compliance Problem Solving 52

The Finance Weekly

FEBRUARY 22, 2025

Did you know that 47% of businesses still rely on spreadsheets for financial planning, despite the risks of errors and inefficiencies? Workday Adaptive Planning aims to solve this problem by offering a cloud-based Financial Planning & Analysis (FP&A) solution with AI-powered forecasting, budgeting, and workforce planning tools.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning General Ledger (GL) Forecasting 52

E78 Partners

NOVEMBER 12, 2024

Start with high-priority items like accounts receivable (A/R) aging, inventory details, and accrued liabilities—elements that form the basis of early audit steps​. This timeline should account for potential delays and include contingency plans in high-risk areas.

Auditing 59

Auditing Financial Planning and Analysis (FP&A) GAAP Compliance 59

CFO Talks

NOVEMBER 29, 2024

These experiences introduced me to the broader business world and significantly accelerated my career. Following my articles, I moved into the corporate sector as a Group Accountant at Datacentrix, gaining insight into private sector finance. What key skills should a newly qualified accountant develop on their path to becoming a CFO?

CFO 95

CFO Auditing Leadership Finance 95

Global Finance

JUNE 9, 2025

By the end of this year, BMO plans to make the solution available to over 14,600 Canadian personal and business banking employees. Virtual accounts can be linked to physical accounts within BNY and payments are reflected in real time. V1 generates reports for banks and third parties, helping to calculate risk-weighted assets.

Treasury 59

Treasury Cash Management Financial Analysis Credit Risk 59

The Finance Weekly

FEBRUARY 23, 2025

Did you know that 35% of organizations identify data quality and timeliness as significant barriers to effective financial planning and analysis (FP&A)? According to Gartner, 53% of organizations do not fully achieve their strategic objectives, often due to poor planning. FP&A is the foundation of financial stability.

Financial Planning and Analysis (FP&A) 52

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

CFO Simplified

JANUARY 23, 2025

A crucial component to revitalizing your business in the new year is ensuring you have a clear plan of action. Proactively arrange a meeting with your bank to discuss your plans, concerns, and the support youll need to achieve your goals. Use these insights to project your financial performance based on your strategic plan.

Cash Flow Forecasting 52

Cash Flow Forecasting Communication Budgeting Forecasting 52

Future CFO

DECEMBER 29, 2024

Giselle Arellano-Geronimo , vice president and head of Finance, Accounting, and Procurement at Shearwater Health , emphasises that successful CFOs can resonate with various stakeholders and foster a culture of continuous learning essential for implementing transformative changes.

Finance 98

Finance Compliance Data Analysis Leadership 98

The Finance Weekly

NOVEMBER 17, 2024

Budgeting is a fundamental aspect of financial planning, and one approach that often comes up in discussions is incremental budgeting. Encourages Accountability Since the budget builds on the previous year’s figures, departments are often held accountable for their spending trends. What is Incremental Budgeting?

Budgeting 52

Budgeting Problem Solving Finance Accounting 52

Global Finance

JUNE 11, 2025

Innovations include Open Banking Marketplace and SC PrismFX, an ESG-linked cash account for corporate clients that ties fees and interest rates to ESG performance. Nubank aims for NuCel to address problems of poor customer service, unexpected price hikes, and difficulties in changing or canceling plans.

Compliance 52

Compliance Foreign Exchange SAP Banking 52

CFO Talks

MAY 2, 2025

How CFOs Are Turning Treasury into a Strategic Growth Engine If youre still treating your treasury function like a glorified savings account, youre leaving strategic valueand hard cashon the table. The segmentation isnt just tidy accounting. Todays corporate treasurer isnt just keeping the lights on. Its your early-warning system.

Treasury 52

Treasury CFO Profit and Loss Benchmarking 52

CFO Talks

DECEMBER 11, 2024

When you know what youre aiming for, you can create a focused plan to get there. Create a Culture of Accountability Accountability is a big part of achieving high standards. Or perhaps ensuring your department runs like a well-oiled machine? Take the time to map out what excellence means in your key responsibilities.

Finance 52

Finance CFO Construction Leadership 52

Nerd's Eye View

DECEMBER 12, 2024

There's an old joke in the financial planning industry that the ideal client is "anyone with a pulse". For advisors just starting out, that sentiment often rings true – every prospect willing to pay for their service feels like an opportunity.

Communication 98

Communication Accounting Planning 98

Global Finance

JUNE 9, 2025

Utilizing AI, the app provides leads and insights in a range of areas including travel planning and household budgeting. RBI’s New Cash Management Digital Ecosystem| RBI RBI has been a regional leader in adopting faster, more secure processes for electronic bank account management. Since the revamp, the app has had 4.8

Profit and Loss 52

Profit and Loss Cash Management SAP Reconciliations 52