The Charity CFO

DECEMBER 20, 2023

How does one help clients understand their benchmarking? An organization is comparable to another within the same industry, and therefore they use each other to gauge success when it comes to meeting KPI goals and industry benchmarks. 180 MG looks at people, processes, and planning to identify a balance between the three of them.

Nonprofit 52

Nonprofit Benchmarking Healthcare Restructuring 52

Future CFO

MAY 1, 2024

The Coffee Bean & Tea Leaf ), says the appeal of the financial controller position lies in blending analytical depth with visionary leadership, overseeing financial strategies across sectors. Succeeding amid challenges “Success as a controller relies on an entrepreneurial mindset, analytical rigour, and adept leadership,” says Leonardo.

Leadership 98

Leadership IFRS Finance Communication 98

The Charity CFO

JULY 17, 2023

Define Expectations Through Benchmarks and Other Metrics Before you can figure out if your nonprofit is healthy, you have to define what healthy means to your organization. Work with stakeholders like donors, fundraising heads, program leaders, and others to determine what metrics and benchmarks should be used. Get the free guide!

Nonprofit 52

Nonprofit Benchmarking Auditing Compliance 52

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. In a recent Robert Half survey , 38% of U.S.

Financial Planning and Analysis (FP&A) 115

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

VCFO

SEPTEMBER 21, 2023

Whether the plan is a near term sale or a sale transaction in the distant future, proactively identifying and adopting the right strategies and activating the optimal value creation levers will result in the maximization of value and the accomplishment of owner overall financial objectives. Discussion of several common adjustments follows.

Valuation 86

Valuation Marketing Benchmarking CFO 86

VCFO

MARCH 2, 2023

Challenges Faced by Professional Services Firms (and How a Strategic CFO Can Address Them) Professional services firms are unique entities. Some may think that makes financial management and strategic planning in a professional services firm simpler. What is your long-term plan for the business?”

Strategic Planning 63

Strategic Planning CFO Budgeting Planning 63

Centage

DECEMBER 1, 2021

They’re focused less on benchmarking current performance to the predicted budget and instead want to leverage real-time data to understand what the future looks like. Produce scenario plans. For cash and expense planning, use your worst-case scenario to determine the expense base you can take on. Manage every dollar.

Forecasting 98

Forecasting Budgeting Financial Planning and Analysis (FP&A) Benchmarking 98

CFO Talks

MARCH 19, 2024

Change Management: The Modern CFO’s Blueprint The role of a Chief Financial Officer (CFO) goes way beyond just looking after the company’s money. Developing the Finance Agenda Once strategic priorities are identified, the CFO distills these insights into a clear, concise list of goals.

CFO 52

CFO Communication Finance Budgeting 52

CFO News Room

NOVEMBER 4, 2022

Representation goals — whether based on industry benchmarks or population data for the appropriate city, state, or country — are one component, but it’s equally important to incentivize leaders and create accountability systems to help make those strategies a success. This is a leadership pattern so pervasive it has a name: the “ glass cliff.”

Investments 100

Investments Leadership Accounting Analyzing Data 100

Future CFO

MAY 2, 2023

According to Gartner, success in digital investments and intended business outcomes are highly dependent on strong CFO-CIO partnerships. As such, there needs to be flexibility to adjust the plan and timeline accordingly. However, this cannot take place without the buy-in and support of Chief Information Officers (CIOs).

Finance 52

Finance Benchmarking Leadership Communication 52

VCFO

JANUARY 27, 2022

Time tested business plans will simply not work without adjustments as inflation takes hold. It is critical to focus on inflation now and make necessary changes to your operating plan to combat it. This methodology keeps us aligned, it keeps us accountable, and we plan for the future on a routine basis. Retain Your Team.

Benchmarking 80

Benchmarking Restructuring Leadership Planning 80

Future CFO

AUGUST 30, 2021

What makes for a sought-after chief finance professional (CFO)? According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. CFO: The role of CFO is very senior; hence a high level of experience is expected for anyone applying for this role.

Financial Planning and Analysis (FP&A) 52

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

Future CFO

AUGUST 14, 2023

The advisory firm noted that it surveyed 249 senior enterprise risk executives in May 2023 to provide leaders with a benchmarked view of 20 emerging risks for enterprises. Flawed financial planning assumptions.

Concentration 52

Concentration Benchmarking Auditing Leadership 52

CFO News Room

NOVEMBER 14, 2022

Prior to founding Journey, Penny ran a consulting and coaching firm called Thrivos Consulting, and prior to that worked in various leadership positions across the financial services industry. They also serve as a benchmark for whether team members are succeeding in their roles on an ongoing basis.

Practice Management 130

Practice Management Planning Leadership Communication 130

Future CFO

FEBRUARY 15, 2021

The report noted that 43% of respondents to the study say their organisations have become more focused on scenario planning and stress testing as a result of the pandemic. At a recent roundtable, one CFO commented she can’t recall a period in recent years where her team had done so many “what if” analysis than in 2020.

Financial Data 52

Financial Data Finance Benchmarking CFO 52

Planful

OCTOBER 25, 2016

Among the many great topics on the agenda at the Argyle CFO Leadership Forum in Dallas was a session titled “Managing and Minimizing Enterprise Risk.” VP and CFO of Kajima Building and Design, Inc. The session was moderated by Bona Allen, Sr. The takeaway?

Risk Management 40

Risk Management CFO Budgeting Benchmarking 40

Future CFO

SEPTEMBER 17, 2019

New Gartner benchmark study reveals 92% of HR leaders are prioritising budgeting and cost optimisation initiatives. During all phases of the economic market cycle, HR functions should regularly benchmark their internal data regarding their talent base (e.g., That’s the good news. Cross-function efforts.

Benchmarking 52

Benchmarking Budgeting Economics Forecasting 52

Future CFO

AUGUST 5, 2020

These include: Business model assessment Financial check Health/safety/legal Scenario planning Customer retention & acquisition Packaging/pricing/payments Organisational alignment. You can use it to benchmark your approach vis-à-vis your peers. Click here to download this playbook.

Benchmarking 40

Benchmarking Planning Leadership 40

Planful

DECEMBER 28, 2016

In the final weeks and days of the year, while there is a keen focus on finishing up the year strong and closing the books, it is also important to plan for the new year. Pre-planning and preparation make it possible to close out 2016 strong and head into the new year with confidence. Responding to regulatory changes. Cost containment.

Benchmarking 40

Benchmarking Reconciliations Data Analysis Technology 40

PYMNTS

MAY 22, 2017

The company slashed costs by $270 million this year and is on track to reach its goal of $300 million in savings by the end of the fiscal year, with plans to save $300 million more between now and 2020. That’s a prayer for “not too much loss” as opposed to “gain,” even as sales and other benchmarks remain north of zero.

Benchmarking 40

Benchmarking Restructuring CFO Sales 40

Future CFO

MARCH 15, 2021

However, only one-quarter of organisations report that they plan to maintain the programmes introduced during the pandemic for the foreseeable future, the firm pointed out. More importantly, it encourages employees to seek out offerings the organization already provides, the firm added.

Benchmarking 40

Benchmarking Planning Accounting Leadership 40

CFO Leadership

APRIL 10, 2023

Achieving that goal means investing time and money, mostly around planning and implementing best practices. HR teams and internal marketing leaders can collaborate on materials highlighting what duty of care means at the particular company, examples of duty of care in action, and proactive game plans for extraordinary circumstances.

Risk Management 97

Risk Management Communication Leadership Benchmarking 97

CFO News Room

FEBRUARY 2, 2022

Michael Kitces is Head of Planning Strategy at Buckingham Wealth Partners , a turnkey wealth management services provider supporting thousands of independent financial advisors. In 2010, Michael was recognized with one of the FPA’s “Heart of Financial Planning” awards for his dedication and work in advancing the profession.

Communication 130

Communication Planning Education Numbers 130

VCFO

NOVEMBER 1, 2023

Identify opportunities for operational improvement and incorporate strategic adjustments in the planning for the year ahead. It seems obvious, but actively reviewing actual vs. planned results and understanding the variables at play is imperative to identifying areas of improvement. It is important to ensure that is happening.

Finance 89

Finance Strategic Planning Auditing CFO 89

The Charity CFO

AUGUST 14, 2023

Transparency and Public Perception Transparency is vital in every part of a successful nonprofit, especially staff and leadership salaries. However, organizations also need to balance this with the financial stability of their core programs and operations, as well as any plans for future growth. Get the free guide!

Nonprofit 52

Nonprofit Benchmarking CFO Leadership 52

Future CFO

APRIL 12, 2023

Delivering products even Accenture's The Cloud First CFO Study – 2022 edition reveals that in a survey of 740 finance leaders across 15 industries and 11 countries, 39% say the CFO now leads the cloud journey for the whole enterprise.

Finance 98

Finance CFO Benchmarking Data Analysis 98

Future CFO

JULY 26, 2021

This would enable them to plan for short-term cash flow as well as long-term financial strategies and planning,” he suggested. Financial planning and analysis. According to Padilla Crisol, companies used to conduct financial planning per quarter or per year, based on historical trends and the health of the balance sheet.

SAP 52

SAP CFO Planning Compliance 52

Future CFO

AUGUST 18, 2023

This allows the organisation’s core finance and accounting (F&A) operations to concentrate on more strategic work, such as financial analysis and planning. "We But building a shared services function requires careful consideration from the CFO and finance team leaders.

Finance 52

Finance Communication Accounts Payable Invoicing 52

The Charity CFO

SEPTEMBER 25, 2023

That’s why it’s dangerous to rely on low overhead costs as a benchmark for effectiveness. Plus, they can provide guidance on selecting the proper indicators to track when charting your organization’s plan for growth. The post Why Nonprofits Need to Stop Obsessing Over Expenses appeared first on The Charity CFO.

Nonprofit 52

Nonprofit Budgeting Benchmarking CFO 52

VCFO

MARCH 30, 2023

A good place to start is benchmarking yourself against your competition. Anyone with thoughts of selling their business within five years would be wise to get to work now. Below, we explore several factors that contribute to business value and what can be done to move the needle in the desired direction.

Valuation 87

Valuation SAP Concentration Benchmarking 87

Barry Ritholtz

FEBRUARY 13, 2023

Was that something you were planning on doing or — RIEDER: No. And because remember, Lehman had the Lehman Agg and that was the benchmark. There is above benchmark returns to be generated by active selection of credit quality duration and specific bonds. RITHOLTZ: So let’s talk a little bit about BlackRock.

Mergers and Acquisitions (M&A) 57

Mergers and Acquisitions (M&A) Investments Marketing Education 57

Barry Ritholtz

MAY 21, 2024

What was the career plan? Well, there was no career plan really. And it’s gotten ver like the average active fund has gotten closer and closer to the benchmark over the last five years. 00:52:13 [Speaker Changed] So, so they, the sell side indicator really worked exactly as planned. 00:50:03 Not anymore.

Finance 57

Finance Marketing Numbers Investments 57

CFO News Room

NOVEMBER 15, 2022

That makes sense, as SBF had drawn up and promoted a regulatory plan which, unsurprisingly, favored FTX’ business model. It launched in February 2022 (roughly the same time as SBF’s Beltway pavement-pounding began) and planned to support selected causes to the tune of $100 million per year, up to $1 billion over the next decade.

Economics 130

Economics Investments Finance Benchmarking 130