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The Pivotal Role of the CFO in Hospitality Growth

CFO Plans

Join us as we explore unique perspectives on financial reporting and data analysis, offering actionable insights for hospitality business owners seeking growth opportunities without a dedicated financial strategist. This strategic approach not only enhances profitability but also supports broader expansion efforts.

CFO
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Financial Metric Madness: How SMBs Can Set Meaningful KPIs for Their Business as Part of Their Financial Reporting and Analysis Process

Centage

That includes analyzing key financial metrics as part of the financial reporting and analysis process to see where you are today to determine where you want to be tomorrow (and how to get there!). For SMBs, evaluating KPIs and performing KPI analytics are where the meaningful details can emerge.

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Why Financial Forecasting Is More Important Than Your Annual Budget

Centage

But times have changed – which is why financial forecasting is more important than your annual budget. 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. Finance at the Speed of Business. Watch Demo.

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Tips for Success: The Role of Profitability Analysis and Improving Profit Margins

Centage

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.

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Preparing Your Finance Organization for the New Era of AI

CFO Leadership

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting.

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Scaling A Digital Marketing Agency: A CFO's Guide to Success

Adam Kae

It's important to have a specialized hire to help you go over industry benchmarks, historical data analysis, and forecasting techniques to enhance your decision-making process. Financial Reporting and Performance Metrics: Effective financial reporting and analysis provide valuable insights into your agency's performance.

CFO
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3 Ways to Use Power BI To Make the Most Of Nonprofit Data

Collectiv

Data analysis is a treasure trove for non-profits. Solid processes around nonprofit data give you critical information to highlight unique aspects of your organization, boost morale, increase credibility, enhance transparency, and build community awareness to support your mission.