Remove Benchmarking Remove Financial Data Remove Financial Reporting Remove Investments
article thumbnail

How to Create Financial Reporting Dashboard for CFO

Spreadym

A financial reporting dashboard is a visual representation of financial data and key performance indicators (KPIs) presented in a consolidated and easily digestible format. This allows for a personalized view of the financial data. This helps identify trends and patterns that can inform future strategies.

article thumbnail

Nonprofit Leadership: Using Data for Better Decision-Making

The Charity CFO

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Future of Financial Leadership: Aligning Operational and Strategic CFOs

The Finance Weekly

An operational CFO optimizes performance by combining data from various departments with financial data. By identifying areas of opportunity for departments to increase return on investment and align with business goals, finance becomes a more effective partner to the rest of the organization.

article thumbnail

What is Financial Planning and Analysis (FP&A)?

Spreadym

Financial Analysis: FP&A professionals conduct in-depth analysis of financial data to assess the organization's performance and identify areas for improvement. This includes analyzing revenue and expense trends, profitability, cost drivers, key performance indicators (KPIs), and financial ratios.

article thumbnail

10 KPIs to Track Business Performance

The Finance Weekly

Key Performance Indicators (KPIs) play a crucial role, especially in , financial reporting. To assess your company's financial well-being, it's better to be objective rather than subjective. This ensures that decisions are based on information and data. Why KPIs are Important to your Business?

article thumbnail

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

Collectiv

A well-organized financial report also helps you communicate your impact, explain your needs, identify opportunities, and inform timely and accurate decisions. Using Power BI for nonprofit data enables you to visualize financial data, customize reports for different audiences, and distribute them automatically.

article thumbnail

How to Create a Nonprofit Operating Budget

The Charity CFO

Take time to collect financial data from previous years as best as possible. Is your organization receiving investment income? Regular budget reviews on a quarterly or yearly basis are essential to see if you’re hitting your expected benchmarks in both revenue and expenses. But the work isn’t over.