Boston Startup CFO

FEBRUARY 1, 2023

They can also bring to your attention many key details that must be communicated to investors to secure their interest. No budgeting process in place A budget is a financial plan that outlines how you will allocate your resources over a certain period of time.

CFO 40

CFO Startups Cash Flow Forecasting Budgeting 40

Collectiv

SEPTEMBER 26, 2023

Approval Flows Approval flows automate the process of requesting approval for things like invoices, budgets, or scheduling requests. Some of these tasks include saving emailed reports to SharePoint, sending bulk emails to communicate salary changes, or triggering status changes when a new sales lead comes into the system.

Analyzing Data 52

Analyzing Data Communication Invoicing Budgeting 52

CFO Leadership

DECEMBER 15, 2022

Following a year of flight cancellations, a lack of real-time updates, and overall dissatisfaction with outdated solutions, travel providers will enable more tech-driven solutions in 2023 to increase visibility and communicate with customers more efficiently. We will be asked to do more with less, including resources and budgets.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Budgeting Leadership Analyzing Data 52

Planful

MARCH 18, 2019

The FP&A team is numbers-oriented, but also requires a great deal of communication skills. Department Budget vs. Actual Reports. Every department in the business is responsible for a budget. The financial reporting manager must be able to clearly explain specific financial concepts at a high level for busy executives.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Financial Reporting Cash Flow Forecasting Budgeting 40

CFO News Room

NOVEMBER 4, 2022

While 58% of companies in our dataset have a dedicated DEI budget, just 21% of companies have a senior role fully dedicated to DEI. This client was able to have an impact on a short time horizon by being laser-focused on hiring and measuring data to track progress toward the desired changes. Source link.

Investments 100

Investments Leadership Accounting Analyzing Data 100

FPA Insider

JULY 28, 2019

By making Excel-based data easily accessible DataRails facilitates collaboration, communication of budget progress and status, and accurate reporting that relies on shared data. Data analytics involves mining large quantities of data to discover insights that can be of value to decision-makers.

Technology 52

Technology Value-Added Analysis Analyzing Data Benchmarking 52

Collectiv

NOVEMBER 16, 2021

When creating column charts (and really, any Power BI visualizations), your responsibility as a report builder is to clearly communicate the information you’re showing. When you need to look at a series of data points over time (days, months, quarters, years), use a line chart. Highlighting budget changes on a certain project.

Financial Reporting 75

Financial Reporting Profit and Loss Budgeting Analyzing Data 75

PYMNTS

DECEMBER 27, 2017

There are many tools available to harvest data about your customers and stakeholders, both internally and externally: CRM systems, social media analytics, web analytics and more. Some smart systems have all this data available in one platform. That is a pure communication function right there.

Analyzing Data 46

Analyzing Data Budgeting B2B Communication 46

Planful

FEBRUARY 2, 2017

To support this, EPM includes the following management processes: Budgeting, planning, forecasting and modeling. Analyzing performance vs. plan, prior years, across divisions or products. Packages such as Hyperion Pillar helped manage the process of budgeting and planning across the enterprise.

Budgeting 40

Budgeting Forecasting Analyzing Data Finance 40

Planful

APRIL 29, 2021

Agile FP&A involves prioritizing people over process, with a focus on continuous changes and proactive communication. Microplanning requires the ability to pull and analyze data on the fly. Companies like 24 Hour Fitness and ALDO Group had to close down hundreds of locations or file for bankruptcy.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) CFO Finance Analyzing Data 40

Jedox Finance

AUGUST 6, 2019

In the past, what made you a successful FP&A professional was your technical skills like Excel modeling and ability to analyze data. Finally, one way to improve soft skills such as influencing and communication is via a mentorship program where ideally the mentors come from both Finance and non-Finance backgrounds.

CFO 52

CFO Analyzing Data Communication Finance 52

The Finance Weekly

NOVEMBER 27, 2022

xP&A allows all users in the organization to , access a single source of truth - a centralized database that can integrate data from multiple sources such as ERP, GL, and CRM. But other than when one directly affects another, each department’s plans are created in silos separate from each other.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Forecasting Leadership 52