Centage

SEPTEMBER 5, 2023

Three: Benchmark Industry Profitability Ratios Your profit margin might look weak to you, but is it? Real estate, health care, and financial services tend to have high profit margins. Benchmark your industry before looking at your profitability so you know what to aim for.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Benchmarking Valuation 52

The Charity CFO

MARCH 22, 2024

In addition to identifying KPIs, you’ll need to establish benchmarks for success. After choosing KPIs and their benchmarks, you can start incorporating data insights into strategic planning. Improving Financial Management Improving your organization’s financial management is one of the biggest benefits of starting a data strategy.

Nonprofit 52

Nonprofit Leadership Benchmarking Leverage 52

Collectiv

JUNE 13, 2023

Track Finances for Optimal Impact Nonprofits often have limited budgets, so they need granular insights into how and where they spend their money to make the most of these funds. Financial management statements and reports provide the necessary information for stakeholders to monitor compliance.

Nonprofit 52

Nonprofit Leverage Budgeting Analyzing Data 52

The Finance Weekly

FEBRUARY 21, 2024

In an era where digital transformation dictates the pace of business innovation, a groundbreaking tool is setting new benchmarks for financial management efficiency and IT department relief. This feature addresses one of the biggest challenges in financial reporting and analysis: the siloed nature of data across different platforms.

Finance 40

Finance Benchmarking Data Analysis Leverage 40

CFO Talks

MARCH 19, 2024

Identifying Strategic Priorities The process begins with a thorough analysis of the current financial landscape and an evaluation of emerging technologies, like AI, that can significantly enhance operational efficiencies. Measuring Progress Finally, establishing clear metrics to measure the success of the finance agenda is essential.

CFO 52

CFO Communication Finance Budgeting 52

Future CFO

AUGUST 30, 2021

According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances. What makes for a sought-after chief finance professional (CFO)?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Problem Solving 52

Planful

OCTOBER 25, 2016

One recommendation was to establish baselines for the business based on prior experience, or to use external benchmarking information to evaluate performance and risk.

Risk Management 40

Risk Management CFO Budgeting Benchmarking 40

The Charity CFO

APRIL 28, 2023

This system should then be able to support your organization in maintaining accurate records of each fund, tracking revenue and expenses, and preparing financial reports that show how each fund is performing. These reports can help you make informed decisions and identify areas for improvement.

Nonprofit 52

Nonprofit Accounting Firms Accounting Auditing 52

Onplan

NOVEMBER 30, 2022

Finance professionals and teams today have numerous solutions available to help them plan, budget, forecast, and analyze financial information. OnPlan is a financial modeling and forecasting tool built by financial planners and analysts. Budgeting and rolling forecasts, as well as what-if scenario planning.

Financial Planning and Analysis (FP&A) 52

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