The Charity CFO

MARCH 22, 2024

Types of Data for Nonprofits The types of data a nonprofit might use for decision-making can vary between organizations. Most nonprofits will use at least one of three types of data: Financial data: Financial data includes any data relating to the finances of the organization, such as revenue or expense data.

Nonprofit 52

Nonprofit Leadership Benchmarking Leverage 52

CFO News Room

DECEMBER 2, 2022

I really enjoy presenting financial data in a way that’s easy for someone without a financial background to understand and explaining things in laymen’s terms.” . Likewise, presenting financial data at board meetings needs to be a lot more detailed and technical. . Frances’ power profile. What music inspires her?

Technology 130

Technology CFO Benchmarking Auditing 130

Future CFO

MARCH 1, 2023

Change management experts are then crucial to tackle resistance to change, ensuring that the goals and objectives of the initiative are communicated effectively and that stakeholders are engaged and supportive of the initiative. This will help ensure that the metrics can be tracked over time and progress can be measured accurately.

Finance 91

Finance Benchmarking Compliance SAP 91

The Finance Weekly

JANUARY 19, 2023

An operational CFO optimizes performance by combining data from various departments with financial data. Optimizing financial plans: Work with department heads to understand their short- and long-term needs and incorporate them into your financial plan for long-term optimization and improved collaboration with the CEO.

Leadership 98

Leadership CFO Benchmarking Finance 98

Spreadym

JUNE 27, 2023

Budgeting involves allocating resources and setting financial targets for various departments or business units within the organization. Financial Analysis: FP&A professionals conduct in-depth analysis of financial data to assess the organization's performance and identify areas for improvement.

Financial Planning and Analysis (FP&A) 52

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

Spreadym

SEPTEMBER 19, 2023

They serve as a benchmark against which actual performance is measured, and any deviations from the budget may require approval or justification. Historical Data Analysis: Analyze historical financial data to identify trends, seasonality, and patterns that can inform your budget assumptions and forecasts.

Budgeting 59

Budgeting Forecasting Cash Flow Forecasting Benchmarking 59

CFO News Room

DECEMBER 26, 2022

Creating Visual Deliverables That Clearly Communicate Financial Planning Concepts – While technical expertise is necessary to formulate a financial plan, being able to clearly communicate the findings to a client can make all the difference between whether or not the client will understand and agree to implement the advisor’s recommendations.

Planning 130

Planning Benchmarking Profit and Loss Communication 130