Nerd's Eye View

OCTOBER 6, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent survey found that clients across several countries who work with a CFP professional have better outcomes on a range of measures compared to those working with other advisors or no advisor at all, suggesting that the (..)

Benchmarking 94

Benchmarking Communication Leverage Numbers 94

PYMNTS

FEBRUARY 1, 2019

The government shutdown was no speed bump, at least, according to the latest job numbers. The numbers, released by the U.S. Yet, there was at least some downward revision to other numbers: December’s previously reported gain of 312,000 positions was reduced to 222,000 net additions. Data released on Friday (Feb.

Numbers 40

Numbers Benchmarking Construction Economics 40

Nerd's Eye View

JULY 31, 2023

In this post, Kitces Senior Financial Planning Nerd Ben Henry-Moreland offers a framework that solo advisory firm owners can use to decide when their firm will be ready to make an initial hire, based on data from Kitces Research on Advisor Productivity and Advisor Wellbeing as well as industry benchmarking studies on advisor capacity.

Benchmarking 86

Benchmarking Planning Numbers Practice Management 86

Nerd's Eye View

JULY 21, 2023

Further, the study identifies the traits of "top performing" firms, which, during the past 5 years, saw nearly triple the client and net organic asset growth compared to other firms.

Benchmarking 87

Benchmarking Numbers Marketing 87

Generation CFO

DECEMBER 20, 2021

I did not fully appreciate how workforce planning has developed over the years, the huge difference between private and public sector, the GDPR conundrum nor the potential number of drivers that can be used in a salary plan. All of this, of course, supports the planning process and benchmarking between organisations.

Planning 131

Planning Benchmarking Budgeting Concentration 131

Nerd's Eye View

NOVEMBER 10, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a Fidelity benchmarking study revealed that both small and large RIAs saw positive organic growth in 2022, helping to mitigate AUM declines resulting from weak market performance.

Benchmarking 62

Benchmarking Practice Management Treasury Leadership 62

Nerd's Eye View

JULY 28, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that RIAs appear to be building more comprehensive and more integrated tech stacks, and are benefiting from greater operational efficiencies, according to the latest Schwab RIA Benchmarking Study, with larger firms (..)

Benchmarking 86

Benchmarking Practice Management Securities Numbers 86

CFO News Room

DECEMBER 2, 2022

This also meant restating the previous three years of financial history and really scrutinising the numbers before converting it all into a consolidated group format. . “I When you come into a new business, it’s very difficult to stand by the numbers unless you get really involved in the details.” . I had to really believe in them.”.

Technology 130

Technology CFO Benchmarking Auditing 130

CFO News Room

FEBRUARY 4, 2022

It’s the latest in a series of recent fiscal and monetary benchmarks received with increasing blitheness. In less than 50 years, and amid fluctuations, that number had been paid down to less than $40,000 (roughly $1.25 On Tuesday, February 1, 2022, the United States national debt surpassed $30 trillion for the first time. .

Economics 130

Economics Benchmarking Treasury Budgeting 130

CFO Share

MARCH 28, 2024

They are: Relevant Timely Measurable Clear Actionable The Dangers of KPIs The strength and weakness of KPIs is their simplicity: as a one-dimensional number, they provide no depth or details. Those who fail to appreciate the nuance of KPIs come off as cold, short-sighted managers who focus more on numbers than results.

Benchmarking 52

Benchmarking Numbers Retail 52

Nerd's Eye View

SEPTEMBER 2, 2022

Also in industry news this week: How enforcement of FINRA Rule 4111 could further the decline in the number of broker-dealers and registered representatives. A study suggests that some fund companies are misleading investors by changing their benchmark indices to make their performance look better.

Benchmarking 75

Benchmarking Strategic Planning Planning Investments 75

Centage

SEPTEMBER 5, 2023

In conjunction with your other numbers, your gross profit margin can tell you if your products are profitable enough, if you need to increase sales or if your expenses, like sales costs, are too high. To get this number, subtract your expenses from your revenues to get your net profit.

Financial Planning and Analysis (FP&A) 98

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

Nerd's Eye View

MARCH 28, 2023

What's unique about Erica, though, is how she built a series of spreadsheet tools to measure the details of each step of her advisory firm’s marketing funnel, from lead generation to each meeting in the sales process to client onboarding and getting initial revenue for the firm… and then turned it into a series of tools that any advisory (..)

Marketing 73

Marketing Benchmarking Analyzing Data Strategic Planning 73

Centage

DECEMBER 1, 2021

If your board asked you to run new numbers based on fresh assumptions, it took you days or weeks to create a new set of reports. 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.

Forecasting 98

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

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 data to help track the outcomes of your programs, such as participant numbers or revenue.

Nonprofit 52

Nonprofit Leadership Benchmarking Leverage 52

Future CFO

NOVEMBER 5, 2023

A crucial aspect of the CFO’s role is benchmarking the company’s profitability against both local and global peers. Through this benchmarking process, gaps and opportunities for improvement become apparent. Long-term revenue growth In the pursuit of long-term revenue and profit growth, the CFO takes on a central role.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Benchmarking Risk Management 52

Nerd's Eye View

DECEMBER 1, 2023

Jarkesy, which in a narrow sense focuses on the SEC's use of in-house Administrative Law Judges to hear securities law cases rather than traditional Federal jury trials, but in a broader sense could call into question the SEC's (and other government agencies') authority to make rules and enforce laws in the absence of specific guidance from Congress (..)

Benchmarking 74

Benchmarking Communication Practice Management Securities 74

VCFO

SEPTEMBER 21, 2023

The delta between an owner’s expectations and the market’s potential can be considerable and is based on a number of financial and non-financial metrics. This is a critical number used in valuing companies. You can learn how you compare to your competitors and best in class by benchmarking your performance to a peer group.

Valuation 87

Valuation Marketing Benchmarking CFO 87

Barry Ritholtz

JANUARY 19, 2024

My end-of-week morning train WFH reads: • Americans are actually pretty happy with their finances : By the numbers: 63% of Americans rate their current financial situation as being “good,” including 19% of us who say it’s “very good.” Business Insider ) • How does the Fed control interest rates? .”

Benchmarking 52

Benchmarking Construction Startups Numbers 52

Fpanda Club

JULY 24, 2022

As for these distant years the level of uncertainty is very high while the level of precision is low, terminal value is calculated based on the numbers of the last projected year, therefore it accumulates and magnifies all the errors in assumptions made for the first years of the model. which will be part of the allowable cost.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Profit and Loss Benchmarking Valuation 130

CFO Share

JANUARY 26, 2024

Consider industry benchmarks or standards to ensure alignment. These risk misunderstanding and a feeling of “I don’t trust the numbers.” The simplicity of KPIs is both easy to understand and lacking nuance, so never rely solely on the numbers. Gourmet restaurants focus on Avg. Is this a false-alarm or canary in the coal mine?

Foreign Exchange 52

Foreign Exchange Concentration Benchmarking Prioritization 52

Future CFO

MARCH 8, 2021

As a result, banks will no longer need to feed daily numbers in to Libor’s calculation from Jan 2022. The decision follows a consultation in Dec 2020 led by ICE Benchmark Administration, which compiles and oversees the daily rate. Hong Kong is also developing an alternative rate. As of Sep 2020, there were HK$4.8

Benchmarking 52

Benchmarking Currencies Risk Management Banking 52

Future CFO

DECEMBER 21, 2023

Cash flow and liquidity problems: Are your fixed costs or interest payments creeping up, or do you have a high number or amount of customer overdue payments? Review the credit terms you extend to customers and suppliers, and benchmark your trade terms against the rest of your industry. Weakened balance sheet.

Profit and Loss 52

Profit and Loss Concentration Benchmarking Invoicing 52

CFO News Room

DECEMBER 21, 2022

Is the ultimate success metric the number of GMVs garnered in the sales period that can be potentially costly and drive pent-up demand for the short term, or is it building sustainable engagement for their businesses for the years to come? The efforts have yielded record customer engagement. First-time purchases by members increased by 20%.

Sales 100

Sales Benchmarking Entertainment Retail 100

Adam Kae

MARCH 12, 2024

The constant juggling act of acquiring new clients, retaining the existing ones, and trying to keep those revenue numbers in the green. Collaborating with a Fractional CFO for Seamless Integration Bringing in a Fractional CFO isn't just about numbers; it's about collaboration. Agency owners, I know the struggle.

Sales 52

Sales CFO Communication Benchmarking 52

VCFO

JUNE 23, 2022

Take a look at the following financial benchmarks implemented for vcfo clients, and consider how you can achieve similar results in your organization. After benchmarking against top performing competitors, it became clear that their average days of sales outstanding (DSO) at 53 days was 20 days higher than their nearest competitors.

Benchmarking 82

Benchmarking Sales Finance Economics 82

PYMNTS

MARCH 25, 2020

He was the first chairman to bring the benchmark interest rate to almost zero, and he implemented other measures that have since been copied by successors. The Fed has also pulled down benchmark rates, and it has activated a number of programs to help keep liquidity flowing throughout the financial system. “I

Benchmarking 56

Benchmarking Financial Systems Numbers 56

CFO Leadership

MARCH 31, 2022

The reality is, an increasing number of vendors accept card payments, for many reasons. Card payments are secure–they don’t have to expose their bank account number. According to the 2022 AFP Payments Cost Benchmark Survey, just 25% of organizations surveyed said they used them. The number can only be used once.

B2B 93

B2B Invoicing Benchmarking Leadership 93

Future CFO

OCTOBER 7, 2019

This dramatic rise (in damage costs) only reinforces the sharp increase in the number of organizations unprepared for a cyberattack,” says Robert Herjavec, Founder and CEO of Herjavec Group. Boston Consulting Group (BCG) compiled average cybersecurity spending – see Figure 1 – to reveal a lack of standard benchmark.

Budgeting 52

Budgeting Securities Benchmarking CFO 52

Centage

SEPTEMBER 5, 2023

In conjunction with your other numbers, your gross profit margin can tell you if your products are profitable enough, if you need to increase sales or if your expenses, like sales costs, are too high. To get this number, subtract your expenses from your revenues to get your net profit.

Financial Planning and Analysis (FP&A) 52

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

VCFO

AUGUST 9, 2023

Utilization Utilization is calculated by dividing the total number of hours employees worked on billable projects (Direct Labor) by their total hours available (Total Labor). They can be trended over time, compared to budget, and often benchmarked against industry comps. Discount a big job… see what that does.

General Ledger 83

General Ledger Benchmarking Leverage Budgeting 83

Future CFO

MAY 1, 2024

Giselle Arellano-Geronimo A controller, for Geronimo, also has the privilege to make a story out of the numbers and convert the results of the financials into actionable business decisions and strategies that help shape the business. “A

Leadership 98

Leadership IFRS Finance Communication 98

PYMNTS

OCTOBER 14, 2020

Some of Japan’s other top indexes, such as the benchmark TOPIX and the Nikkei 225 , are still fighting to recover from pandemic losses. Applications for employer identification numbers have grown to over 3.2 Bloomberg reported that the startup index has gone up by more than 50 percent this year, despite the coronavirus pandemic.

Startups 56

Startups Benchmarking Retail Numbers 56

PYMNTS

OCTOBER 23, 2018

Data intelligence firm Aktis is rolling out a cloud-based platform for banks to benchmark and analyze their market positions compared to industry peers. Our data shows how far the industry has progressed, but also reveals that a number of problems still linger and are re-emerging.” A recent warning from the U.S. ”

Banking 57

Banking Benchmarking Prioritization Securities 57

PYMNTS

JANUARY 5, 2020

No announcement was made regarding the number of shares being offered or the price ranges. Other investors include Benchmark Capital Partners, which owns 13 percent, and Oak Investment Partners, with 11.4 Although One Medical’s membership grew 324 percent in five years and numbers have reached almost 400,000, the firm posted a $44.4

Healthcare 52

Healthcare Startups Benchmarking Investments 52

PYMNTS

OCTOBER 20, 2020

The STR Report is the Smith Travel Research benchmarking tool that measures and compares data from like hotels. . He added that the numbers show there is “no material behavioral change to travel patterns. The industry’s key metrics were up the week ending Oct. Once restrictions ease, travel recovers.”.

Benchmarking 52

Benchmarking Economics Sales Retail 52

VCFO

JANUARY 27, 2022

Since our formation in 1996, vcfo has helped our clients through a number of booms and busts (.com, 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.

Benchmarking 81

Benchmarking Restructuring Leadership Planning 81