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What is a Virtual CFO? A Guide for Businesses

Michigan CFO

Virtual CFOs offer a range of financial services tailored to the specific needs of businesses. Cash Flow Management: Virtual CFOs assist in creating cash flow projections, optimizing cash flow, implementing cash flow monitoring systems, and managing accounts receivable, accounts payable and inventory.

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What is a 12 Month Rolling Forecast?

CFO Share

A rolling 12-month forecast projects financial performance over a 12-month time horizon using the “add/drop” approach to forecasting. Unlike a budget or calendar year forecast, a rolling 12-month forecast adds one month to the forecast period each time a month is closed so that you are continuously forecasting for 12 months.

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Mastering financial agility: Learnings from ASEAN finance leaders

Future CFO

The pandemic gave new meaning to financial agility. It became vital as companies pivoted, recalibrated their financial models, and looked to withstand market shocks. For financial leaders, this shift in meaning created challenges. As a result, every company sought financial clarity. Automation offers new benefits.

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Hospital CFO’s advice: Diversify your experience

Future CFO

I was fortunate to get a flavour of the accounts payables, costing and budgeting functions. Grace Lim, CFO, KK Women's & Children's Hospital. As part of talent development, the director of finance rotated me to different sections of the finance department.