Spreadym
AUGUST 17, 2023
A financial reporting dashboard is a visual representation of financial data and key performance indicators (KPIs) presented in a consolidated and easily digestible format. Decision Making : Financial reporting dashboards enable data-driven decision making by providing stakeholders with timely and accurate information.
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. You can use donor data to create communication and cultivation strategies that are more likely to hit the mark with donors.
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Future CFO
MAY 1, 2024
As the person responsible for preparing an organisation’s financial reports, which include balance sheets and income statements, the role of a finance controller is anything but ordinary. Accurate problem definition is emphasised, highlighting the controller's role as the choice architect in resolving business issues. “Due
Future CFO
MARCH 1, 2023
Gartner says finance transformation encompasses strategic initiatives designed to revolutionise the way the corporate finance function manages its strategy, processes, internal controls, and financial reporting. Industry benchmarks : Benchmarking data from similar organisations can help provide context for the metrics being measured.
Future CFO
MAY 2, 2023
Is the company looking to improve the accuracy of its financial reporting, or to increase the efficiency of its financial close processes? Alternatively, are they looking at reducing costs related to financial processes? These metrics need to be concrete, measurable and directly linked to transformation outcomes.
The Finance Weekly
JANUARY 19, 2023
Optimize Performance by Comparing KPIs Against Benchmarks: An operational finance leader will keep track of important business metrics such as gross profit margin, working capital, and operating cash flow, and compare them against industry benchmarks. Help department heads make the case for new hires.
Michigan CFO
JUNE 7, 2023
Understanding the Role of a CFO A CFO is a high-level executive responsible for overseeing the financial activities of an organization. Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team. What Do Virtual CFOs Do?
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