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What is a Virtual CFO? A Guide for Businesses

Michigan CFO

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. They also identify and address cash flow gaps to ensure healthy liquidity.

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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.

Finance 52
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What is a 12 Month Rolling Forecast?

CFO Share

Budgeting and forecasting are best practices in small business financial modeling. The 12-month (or sometimes 24-month) rolling forecast is the most important financial planning tool for your business. By using formulas to tie these accounts to revenue, they will be responsive to changing business conditions.

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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.