VCFO

AUGUST 9, 2023

Measure What Matters There are many other important metrics beyond those detailed here – days sales outstanding on Accounts Receivable, balance sheet leverage, employee benefits to total labor, and countless more. They can be trended over time, compared to budget, and often benchmarked against industry comps.

General Ledger 83

General Ledger Benchmarking Leverage Budgeting 83

Strategic Treasurer

MAY 12, 2022

Benchmarking: Personal Best. The rest largely benchmark against companies in similar industries, while some also benchmark against those of a comparable size or complexity level. This survey is designed as a benchmarking guide for corporate treasury. The vast majority were North American corporates (91%).

Prioritization 52

Prioritization Compliance Securities Benchmarking 52

The Finance Weekly

FEBRUARY 21, 2024

In an era where digital transformation dictates the pace of business innovation, a groundbreaking tool is setting new benchmarks for financial management efficiency and IT department relief. Introducing Datarails Connect, a pioneering solution from Datarails, recently acclaimed as one of the Fast 500 companies in 2023 by TechCrunch.

Finance 40

Finance Benchmarking Data Analysis Leverage 40

Centage

JANUARY 18, 2024

Stronger interdepartmental communication and collaboration is a good benchmark to set as a best practice for this year. Here are some more key practices that leverage technology to enhance collaboration, streamline accurate forecasting and reporting, and unlock more time for high-value strategic analysis.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Data Analysis Leverage Risk Management 40

CFO News Room

DECEMBER 21, 2022

Member enrollment volume on Tmall increased by over 10% compared to the previous cycle, nearly 20 times the industry benchmark. First-time purchases by members increased by 20%. With almost 1.6 million members in its Tmall flagship store, Royal Canin has secured a growth driver for its long-term development.

Sales 100

Sales Benchmarking Entertainment Retail 100

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. But times have changed – which is why financial forecasting is more important than your annual budget.

Forecasting 98

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

E78 Partners

APRIL 9, 2024

In an era characterized by rapid digital transformation, businesses across the spectrum are leveraging technology to fuel progress, growth, and competitive advantage. Their guidance helps align your organization’s cybersecurity processes with established industry benchmarks.

Investments 59

Investments Compliance Securities Benchmarking 59

Collectiv

JUNE 13, 2023

Let’s look at three ways to leverage Power BI for nonprofits so you can use your data effectively. When any organization leverages data, it must be reliable. As a result, you can be confident that the data you’re sharing with your community or leveraging to create change is as accurate as possible.

Nonprofit 52

Nonprofit Leverage Budgeting Analyzing Data 52

VCFO

SEPTEMBER 21, 2023

You can learn how you compare to your competitors and best in class by benchmarking your performance to a peer group. For instance, if your benchmarking shows a gross profit margin below the industry, that may signal excessive Cost of Goods Sold or Cost of Sales, suggesting operational or supplier agreement issues.

Valuation 87

Valuation Marketing Benchmarking CFO 87

CFO Talks

MARCH 20, 2024

The Chartered Institute for Business Accountants (CIBA) leveraged the research as a foundation to develop its Chartered CFO designation. They leverage their financial acumen to enhance business performance and shareholder value. Strategist (Planner) , plotting the company’s financial future.

CFO 52

CFO Compliance Performance Measuring Education 52

Future CFO

MARCH 1, 2023

Part of a finance transformation initiative could entail adopting enterprise applications to automate or digitalise manual expense processes, at the same time leveraging data and analytics to help gain greater control and deeper insights into spend and operations. Simplicity is key when it comes to selecting metrics.

Finance 91

Finance Benchmarking Compliance SAP 91

The Finance Weekly

MARCH 5, 2024

Next, came a new solution, Datarails Connect , which leverages Excel's success to transform it into a kind of self-service BI solution, enabling finance professionals to become truly independent by connecting their entire data stack to Excel in a simple and self-service manner.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Leverage Cash Management 52

E78 Partners

MAY 8, 2024

Validation and Reconciliation: Once categorized, the telecom expenses are validated against predefined benchmarks or budget allocations. The post Leveraging ServiceNow ITSM for Telecom Expense Management (TEM) appeared first on E78 Partners. Discrepancies or outliers are investigated to ensure accuracy and integrity of the data.

Leverage 52

Leverage Auditing Compliance Invoicing 52

Barry Ritholtz

AUGUST 26, 2022

What he saw stunned him: The previous broker outsourced much of his asset management to third-party managers; Digging into the specifics he was gobsmacked by the details: Sub-$1m accounts charged 1.25% for a high turnover, actively managed SMA which lagged its benchmark by a few 100 basis points.

Concentration 141

Concentration Benchmarking Investments Accounting 141

CFO Leadership

OCTOBER 10, 2023

While finance organizations are increasingly turning to AI to enhance their operations and streamline processes, leveraging AI capabilities to improve decision-making is in the early stages. Scenario analysis may also leverage AI to model various scenarios to better understand potential consequences of different decisions and market changes.

Financial Planning and Analysis (FP&A) 115

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

CFO Thought Leader

OCTOBER 1, 2023

Jack Sweeney “Leverage your 360 degree view of your business to deliver valuable actionable insights to your leadership team. We’ve done a lot of research based on our big customer base and the large amount of spend and benchmarking data that we have.

CFO 52

CFO Leadership Finance Leverage 52

PYMNTS

MAY 29, 2020

Fast forward from Minut’s founding in 2014 to today, and the focus is to provide security that leverages motion detection and sound to monitor homes without compromising privacy. In some cases, according to Mattisson, guests weren’t taking care of the properties as well as they should have.

Benchmarking 101

Benchmarking Securities Leverage Healthcare 101

Nerd's Eye View

JUNE 27, 2023

So, whether you’re interested in learning about how Eric struggled to find a lead advisor that was both a good fit and was willing to take on some business development which led him and his wife to revamping their processes instead, how, even though Eric and his wife experienced a downturn in the business, he was prepared economically as he had (..)

Valuation 56

Valuation Benchmarking Communication Leverage 56

Centage

SEPTEMBER 11, 2023

Benchmarking Performance Budget vs actuals analysis provides a starting point you can measure your business’s financial performance against. Leveraging this budget vs actuals analysis allows you to optimize your company’s financial performance, agilely make adjustments, and drive strategic success.

Financial Planning and Analysis (FP&A) 105

Financial Planning and Analysis (FP&A) Budgeting Forecasting Performance Measuring 105

PYMNTS

JANUARY 15, 2020

“We have Basware enterprise best practices at our fingertips – from processes to technology – that we want to leverage to meet the needs of the expansive SMB market. I believe there is more potential in this business.” The service supports check, ACH, virtual card and wire payments.

Accounts Payable 52

Accounts Payable Benchmarking Invoicing Leverage 52

Future CFO

FEBRUARY 27, 2024

Choosing the appropriate benchmarks to assess progress and gauge relative impact becomes a complex navigation exercise. Some key ESG considerations, like employee well-being or community engagement, are inherently qualitative and often lose meaning when quantified using standardised measurements.

Leadership 98

Leadership Compliance Financial Reporting Economics 98

PYMNTS

NOVEMBER 6, 2019

million Series A funding round, led by Benchmark. ” Digits, which is currently invite-only, describes itself as “a counting company” that leverages APIs, classification algorithms and machine learning techniques to provide a real-time view into a business’ finances. “As Digits’ production systems now see over $1.5

Startups 43

Startups Benchmarking Leverage Financial Reporting 43

PYMNTS

NOVEMBER 22, 2019

That estimation comes from analytics firm Credit Benchmark. As the Journal notes, the credit cycle may be turning – during a time when, as Morgan Stanley has contended, 57 percent of companies that were purchased in leveraged buyout transactions have debt loads that are at least six times that of EBITDA, a rough measure of cash flow.

Benchmarking 43

Benchmarking Restructuring Leverage Currencies 43

Adam Kae

MARCH 12, 2024

Leveraging a Fractional CFO's Expertise Introducing the Secret Weapon: Fractional CFO Services This is where the magic happens. They can provide valuable insights into market trends, financial projections, and industry benchmarks, ensuring your agency remains a step ahead of the competition.

Sales 52

Sales CFO Communication Benchmarking 52

Nerd's Eye View

FEBRUARY 14, 2023

In this episode, we talk in-depth about how Jim built Sanctuary’s “Partnered Independence” platform for advisors who want to run their own practices serving HNW clients while leveraging Sanctuary Wealth’s support system that offers technology, compliance, practice management and training groups, digital marketing, and even ultra-HNW (..)

Benchmarking 52

Benchmarking Compliance Practice Management Leverage 52

VCFO

JANUARY 27, 2022

Leverage Your Relationships. It is imperative to incorporate periodic (and for key employees, frequent) updates to salary benchmarking studies and hourly pay benchmarking. Benchmark employee compensation to competitors and across industries. Diversify Debt. Now is a good time to explore diversifying your lenders.

Benchmarking 81

Benchmarking Restructuring Leadership Planning 81

PYMNTS

DECEMBER 5, 2018

Its platform allows users to quickly benchmark average insurance premiums that small businesses pay based on location size and industry, a useful tool to third-party brokers that have traditionally relied on paper-based and manual processes to provide quotes to their SMBs.

Benchmarking 64

Benchmarking Startups Leverage Securities 64

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. But companies can and need to do more to fully leverage this role.

Investments 100

Investments Leadership Accounting Analyzing Data 100

Adam Kae

JULY 17, 2023

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. Cash Flow Management and Working Capital Smooth cash flow management is vital for sustaining day-to-day operations and fueling growth.

CFO 52

CFO Marketing Cash Flow Forecasting Budgeting 52

PYMNTS

JUNE 26, 2018

The company said in a press release on Monday (June 25) that it held its second annual Datathon at ADP event, which included more than 40 of its partners and innovators to collaborate on how to leverage AI and machine learning.

Benchmarking 49

Benchmarking Leverage Education Accounting 49

E78 Partners

SEPTEMBER 14, 2023

At its core, a BP&B Health Check is a benchmarking exercise that evaluates an organization’s strategic alignment and financial agility against industry standards. BP&B process and acumen are foundational capabilities, fundamental to achieving an organization’s goals and objectives.

Financial Planning and Analysis (FP&A) 52

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

Centage

JANUARY 4, 2022

It offers a critical benchmark for comparison enabling stakeholders to see progress or areas of weakness within a given timeframe. By leveraging the power of KPI and KPI analytics as part of the financial reporting and analysis process, SMBs can uncover the best ways to grow and positively impact their organization’s bottom line.

Financial Reporting 94

Financial Reporting Budgeting Accounts Payable Benchmarking 94

Future CFO

MAY 2, 2023

Therefore, leveraging cloud-based automation can help the finance function streamline its internal processes to achieve greater accuracy in lesser time. They can then set clear, quantifiable goals by benchmarking their organisation against others of similar size and scale, which have already undergone transformation.

Finance 52

Finance Benchmarking Leadership Communication 52

PYMNTS

NOVEMBER 17, 2020

Fighting APP attacks, account takeover (ATO) and the nasty assemblage of digital tools at the beck of bad actors, companies must leverage “tools such as behavioral biometric authentication to ensure that those initiating payments are who they say they are. Behavioral Biometrics Ensure You Are You .

Benchmarking 72

Benchmarking eCommerce Leverage Accounting 72

PYMNTS

NOVEMBER 18, 2016

percent of mobile banking users leverage their bank’s mobile website and a significant 64.9 Earlier this year, a report by CCM Benchmark on digital commerce found that Android Pay and Apple Pay are taking off but at a slow rate. The usage of mobile banking accounts is also climbing. percent use banking apps.

Banking 72

Banking Benchmarking Leverage Accounting 72

CFO Talks

MARCH 19, 2024

The CFO needs to consider how AI can be leveraged not just for automating routine tasks, but also for providing deeper insights into financial forecasting, risk management, and strategic decision-making. Leveraging Technology for Communication In today’s digital age, leveraging technology to communicate the finance agenda is crucial.

CFO 52

CFO Communication Finance Budgeting 52

Future CFO

SEPTEMBER 17, 2020

The planned platform capabilities build on SWIFT’s recent successful transformation initiatives, including SWIFT gpi, the benchmark in cross-border payments messaging, and leverage the cooperative’s reach across more than 11,000 institutions in 200 countries and territories, the organisation pointed out.

Benchmarking 40

Benchmarking Reconciliations Leverage Securities 40