The Finance Weekly

JUNE 24, 2024

An enterprise-grade business planning platform, Pigment was designed to assist businesses in budgeting, forecasting, modeling data, and generating reports to support financial decision-making. Pigment AI integrates AI into Pigment’s existing cloud-based business forecasting platform, which supports real-time business strategy.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Auditing SAP Budgeting 52

CFO Leadership

OCTOBER 10, 2023

AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. As AI permeates finance, questions about its compliance with audits and financial governance will arise. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

Accounting 95

Accounting Finance Auditing IFRS 95

CFO Share

OCTOBER 13, 2023

These components aren’t just indicators of present stability—they forecast future success. Key takeaways for business leaders include: Maintaining an emergency fund for unforeseen expenses Timely collection of accounts receivable Monitoring inventory and purchasing vs. forecasts to avoid overstocking.

Cash Flow Forecasting 52

Cash Flow Forecasting Profit and Loss Forecasting Startups 52

VCFO

FEBRUARY 15, 2023

Lee Ann’s depth and breadth of expertise includes board reporting, audit preparation, business plan development, market research and analysis, risk management, and capital requirements. She had complete ownership of financials, reporting, auditing, and compliance for all entities.

Auditing 52

Auditing CFO Risk Management Budgeting 52

Future CFO

JANUARY 26, 2024

7) Cash flow forecasting: Informed financial decisions Accurate cash flow forecasting is essential for effective financial management. AI can provide precise cash flow forecasts by analysing historical payment data and supplier behaviour.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Accounting Invoicing 52

Future CFO

AUGUST 2, 2020

Excel remains the de facto standard for planning – users can quickly, cost-effectively and independently conduct budgeting, and forecasting. By automating important but frequent planning processes, you can react faster and work out fast and accurate budgets & forecast in times of uncertainty.

Planning 40

Planning Reconciliations Budgeting Auditing 40

VCFO

JANUARY 18, 2024

This may be a smaller issue when revenue is well distributed and the company isn’t reliant on few customers but is a bigger issue for planning and projections otherwise. Cash flow liabilities and areas such as customer acquisition cost, financial projections, and staffing plans can be impacted.

Auditing 79

Auditing Leadership Construction Invoicing 79

CFO News Room

DECEMBER 16, 2022

Adobe maintained its forecast for the new fiscal year, while announcing a plan to buy hot startup Figma in the quarter. gained access to necessary audit documents. Darden Restaurants — Darden Restaurants dropped 4% despite delivering an earnings and revenue beat for its fiscal 2023 second quarter. exchanges rose Friday.

Technology 130

Technology Auditing Advertising Forecasting 130

Fpanda Club

SEPTEMBER 2, 2021

This relates to FP&A which stands for financial planning and analysis. Typical FP&A activities and responsibilities Financial planning and analysis is one of the pillars of the modern finance function. Planning relates to determining the company’s short-term (1-year) and long-term (3-5 years) objectives.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Budgeting 130

The Finance Weekly

OCTOBER 1, 2024

Buying in bulk can also help you score a discount , just make sure it aligns with your sales forecasts to avoid wasting money on excess inventory. Purchase in bulk based on your sales forecasts to avoid excess carrying costs. Lower your bills by: Identify inefficiencies by having an energy audit.

Financial Planning and Analysis (FP&A) 52

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

Jedox Finance

APRIL 30, 2020

In this post, we will discuss the capabilities needed in a modern planning solution for effectively handling Sales Compensation processes and why Jedox is uniquely suited for it. Flexibility is an absolute must for your planning solution to support a Sales Compensation Model, as well as extensive analytic and reporting capabilities.

Sales 52

Sales Planning Auditing Forecasting 52

CFO Talks

AUGUST 29, 2024

Practical Tip: Create a cash flow forecast that looks at least a year ahead. This helps you see potential cash shortfalls early and make plans, like talking to suppliers about extending payment terms or arranging a short-term loan. Regularly audit your treasury operations to ensure you’re in compliance. Update it regularly.

Treasury 93

Treasury Cash Flow Forecasting Foreign Exchange Currencies 93

Beacon CFO Plus

NOVEMBER 30, 2023

Define Roles and Responsibilities: The CFO typically focuses on financial strategy, planning, and management, while the accounting firm handles compliance, audits, and financial reporting. The CFO should work closely with the accounting firm to provide the necessary information for audits and reporting.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

CFO Thought Leader

APRIL 30, 2024

From his early days in auditing at PwC to his current role as CFO at Prophix, Aaron Levine has had a career that has closely tracked the evolving nature of the financial leadership role. We have a full-suite platform that really spans this elongated, close-to-planning process.

CFO 52

CFO Financial Planning and Analysis (FP&A) Leadership Auditing 52

CFO Leadership

OCTOBER 18, 2023

AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. As AI permeates finance, questions about its compliance with audits and financial governance will arise. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

Accounting 52

Accounting Finance Auditing IFRS 52

Spreadym

MAY 26, 2023

Budgeting software typically offers features such as: Budget creation and planning: Users can set financial goals, create budget plans for different time periods (monthly, quarterly, yearly), and allocate funds to various categories or line items. There are several the best business budgeting software tools available in the market.

Budgeting 52

Budgeting Forecasting Financial Modeling SAP 52

PYMNTS

JUNE 11, 2020

In the near term, corporates are looking to mitigate the negative impacts stemming from the global pandemic; in the longer-term, they’re seeking reliable forecasts to plan for a future in a market in which certainty remains painfully low. “All of this has come into play in the last couple of months.”

Economics 77

Economics Accounting Auditing Forecasting 77

CFO Talks

JULY 16, 2024

Held over two days, this year’s event focused on the expanding roles of CFOs in forecasting, planning, and strategic decision-making, highlighting the importance of technological advancements in driving business innovation.

Leadership 52

Leadership CFO IFRS Strategic Planning 52

The Finance Weekly

MAY 14, 2024

Regularly Monitor Inventory Levels Inventory-driven businesses typically do this thing called an audit once a year to keep the tax department happy. Optimize Inventory Receipt and Forecasting Forecasting is all about figuring out how much stuff you need in stock to meet future demand. Accuracy in stock check-in is crucial.

Forecasting 52

Forecasting Profit and Loss Prioritization Sales 52

CFO Talks

OCTOBER 22, 2024

It’s a delicate dance that requires strategic thinking, informed decision-making, and the ability to forecast future outcomes. Scenario Planning : Create multiple scenarios for different outcomes. This includes having clear approval processes, regular audits, and transparent financial reporting.

CFO 52

CFO Risk Management Education Communication 52

Planful

JULY 27, 2016

Are you wondering how best to make the business case to your company for investing in a cloud-based planning or reporting solution? Reducing Reliance on Spreadsheets for Budgeting, Planning, and Reporting. The key challenges in using spreadsheets and email for budgeting and planning: Too much manual work – the process takes too long.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Value-Added Analysis Budgeting 40

Lime Light

OCTOBER 20, 2022

Organizations that are using NetSuite, however, can often find themselves resorting to manual and tedious methods when it comes to financial planning, forecasting revenue, and analyzing financial data.

Budgeting 52

Budgeting Analyzing Data Auditing Financial Data 52

Accountancy Today

JUNE 23, 2021

He qualified at KPMG in its financial services audit and spent some time in the finance team at Morrisons. He advises on a range of transactions including sales mandates involving trade buyers and private equity; management buy-outs; and supporting businesses through forecasting, business planning and securing growth capital.

Corporate Finance 52

Corporate Finance Finance Auditing Forecasting 52

Planful

APRIL 20, 2017

And getting CAPEX planning right can have a big impact on depreciation expenses and cash flow. Planning for these expense categories requires a great level of detailed and sensitive information. Yet many organizations rely on error-prone, unsecure spreadsheets, and email for handling these critical planning processes.

Planning 40

Planning Budgeting Forecasting Auditing 40

CFO Leadership

OCTOBER 10, 2023

Generative AI can provide the “why” behind financial analyses AI’s integration into financial planning is reshaping how financial professionals can extract valuable insights from data, make more accurate projections, and optimize planning processes alongside business leaders. over at least the next decade.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

Future CFO

DECEMBER 17, 2023

Exceptions will trigger AI-driven, automated audits to ensure compliance. Organisations should take a realistic approach to planning for 2024, build in some flexibility to course correct as needed, and lean into the benefits of emerging technologies," Lanvin advised. Finance teams spend significant time on financial planning," he said.

SAP 52

SAP Finance Budgeting Data Analysis 52

The CFO College

AUGUST 31, 2021

Help your startup clients stay cash flow positive with good budgeting and planning services. Using a rolling cash forecast is a value-add service you can provide to assist in cash forecasting. A rolling cash forecast will normally look forward 6 or 9 months, and each month the oldest month is removed and a new month added.

Startups 81

Startups Accounting General Ledger Forecasting 81

The Finance Weekly

JUNE 22, 2022

To top it all off, the current market downturn and continued inflation is putting additional strains on companies’ forecasting and planning efforts. Scenario planning is becoming increasingly critical for companies survival, but many FCFOs struggle with providing their customers with an efficient strategy for this.

Financial Planning and Analysis (FP&A) 105

Financial Planning and Analysis (FP&A) Marketing CFO Startups 105

CFO Simplified

MARCH 20, 2022

A CFO, according to NetSuite , is responsible for: Tracking cash flow and financial planning. Navigate an audit or transaction. A chief financial officer (CFO) holds the highest financial position in a business. Analyzing the company’s financial strengths and weaknesses. Proposing strategic directions and solutions.

CFO 97

CFO Cash Flow Forecasting Strategic Planning Auditing 97

CFO Talks

MARCH 14, 2024

They play a crucial role in strategic planning, risk management, and driving innovation, extending their influence far beyond the finance department. Moreover, the advent of big data and advanced analytics has armed CFOs with tools to forecast trends, optimize operations, and shape company strategies with unprecedented precision.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

PYMNTS

SEPTEMBER 20, 2019

. “Our new Fleet solution detects one-off misuse as well as suspicious spend patterns that often go undetected by in-house audit processes. Forty percent said they are challenged to forecast employee spend on cards, including fleet cards.

Auditing 63

Auditing Forecasting Finance Planning 63

CFO Share

APRIL 2, 2024

Churn and Transition Expense The turnover of an in-house finance manager not only disrupts operations, forecasting, and financial reporting; but also restarts the recruiting/hiring/training expense cycle. CFO outsourcing can cover all tasks an in-house CFO, Finance Director, Controller and accounting team might perform for a small business.

CFO 52

CFO Finance Cost Analysis Forecasting 52

VCFO

APRIL 21, 2022

He is particularly skilled in strategic planning, resource management, operations management, forecasting, credit and collections, due diligence, financial reporting and documentation, private equity, bank financing, risk management, compliance, and banking relationships. Gary is also a Certified Public Accountant. About vcfo.

CFO 52

CFO Strategic Planning Auditing Finance 52

Global Finance

JUNE 14, 2024

A value-based approach can leverage the existing power of digital and cloud to evolve quickly with complete transparency and auditability. AI’s capability in scenario modelling provides leaders with predictive and data- driven insights for planning and decision-making.

Leverage 93

Leverage Risk Management Concentration Compliance 93

Planful

MARCH 16, 2017

Moreover, you can link financial and operational models so that you and the c-suite can quickly see the impact of business decisions on your plans and forecasts. Budgeting, modeling, planning, and reporting are all regular business processes. Make Reporting Timely and Actionable. Analytics Can Be Easy.

Planning 40

Planning Budgeting Auditing Manufacturing 40

Planful

MAY 4, 2017

In this article, we discuss how to craft the new CFO 90 day plan with a CFO development plan, CFO advice, CFO required skills all focused on how to be a successful CFO. At a minimum,, the new CFO should have contact with the head of the audit committee. This can be valuable input to use when developing the 90 day plan.

CFO 40

CFO Planning Forecasting Budgeting 40

CFO Talks

FEBRUARY 10, 2023

By Jeff Ryan , MD of AWCape, a Platinum Sage business partner for HR, payroll and financial solutions South Africa’s Budget Speech for 2023 is an eagerly anticipated event for CFOs and financial leaders alike, as it provides insight into the government’s economic priorities and plans for the year ahead.

Budgeting 52

Budgeting Profit and Loss Forecasting Economics 52