CFO Talks

MARCH 20, 2024

From Controller to CFO: What Changes? Moving from being a Controller to a CFO is a big step up. Both the CFO and Controller deal with the company’s finances, but they focus on different things. The CFO, however, looks at the bigger picture. It’s like going from keeping score to calling the plays.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

CFO Simplified

AUGUST 21, 2022

Here, we have Larry Chester , President of CFO Simplified, on camera to discuss why a bank might change advance rates as well as what to do if a bank tightens up your advance rates. Regarding Accounts Receivable. With regard to accounts receivable, one thing banks are always concerned about is customer concentration.

Banking 98

Banking Concentration CFO Accounting 98

Future CFO

APRIL 22, 2024

According to a guidebook by software company Esker , after years of continuous change, adapting a more human-centric accounts payable approach is now a prerequisite for keeping a business competitive. This, of course, involves the adoption of technological advancements such as artificial intelligence within the team.

Finance 98

Finance Budgeting Accounts Payable Concentration 98

The Charity CFO

FEBRUARY 8, 2023

Simply stated, a decrease in accounts receivable means there was an increase in cash, so you add this value back in. If there was an increase in accounts payable, there is more cash that your organization owes, but the cash has not yet left. Lastly, increases in current liabilities are added to cash. Get the free guide!

Nonprofit 52

Nonprofit CFO Accounts Payable Concentration 52

Future CFO

FEBRUARY 13, 2023

His other recommendations include: Digitise workflows as much as possible to promote sustainable operations and reduce time spent on manual administrative tasks so the team can concentrate on value-adding activities. Read market updates daily and try to assess the potential impact on the group, be proactive vs reactive.

Treasury 98

Treasury Cash Management Restructuring Accounts Payable 98

Future CFO

JUNE 23, 2021

This imitation of cognitive functions then allows for the extraction and analysis of large amounts of data, which are concentrated and processed to provide insights and inform future actions. The term AI generally describes the mimicking of human, “natural” intelligence by using algorithms.

Invoicing 52

Invoicing Accounts Payable Technology Concentration 52

CFO Share

APRIL 11, 2024

Busy small business owners unable to keep up with their books often consider outsourced CFO services as a cost-effective solution. Counter-intuitively, an outsourced bookkeeping service reduces the risk of fraud by adding more oversight and best-practices to your accounting processes.

Securities 52

Securities CFO Education Auditing 52