CFO News Room

NOVEMBER 11, 2022

For me, it’s been flashback time,” says Anna, who joined the company in February this year and is responsible for business insights, budget forecasting, profit and loss and cash management. . I’ve been doing a lot of scenario building, short and medium-term forecasting, cash management and so on. . “So

Profit and Loss 130

Profit and Loss Forecasting Cash Management Finance 130

Spreadym

APRIL 27, 2023

Financial analysis and planning (or FA&P) software is a type of business software that helps companies manage their finances and operational activity by analyzing financial data and providing tools to plan, forecast and make budgets for efficient business growth. Or, simply turn production metrics into money for complex planning.

Financial Analysis 52

Financial Analysis Tax Planning Budgeting Forecasting 52

Nerd's Eye View

JANUARY 27, 2023

By switching to 501(c)(6) nonprofit status, the new CFP Board of Standards will have expanded abilities to advance the planning profession through lobbying and more targeted advertising messages to grow the ranks of CFP professionals.

Nonprofit 77

Nonprofit Practice Management Advertising Leadership 77

The Charity CFO

JUNE 7, 2023

This information is crucial for financial planning, budgeting, and identifying potential areas of revenue growth. cash, investments, receivables) and liabilities (e.g., This analysis supports decision-making regarding debt management, investment strategies, and asset allocation. accounts payable, loans).

Nonprofit 52

Nonprofit Accounts Payable Budgeting Strategic Planning 52

A Fractional CFO

JUNE 8, 2022

By Tony Fremarek | A Fractional CFO, LLC A CFO is responsible for managing the financial operations of a business, this includes accounting, financial reporting, cash management, budgeting, maintaining controls, capital structure issues, and financing.

CFO 40

CFO Strategic Planning Cash Management Budgeting 40

Future CFO

JANUARY 7, 2024

By leveraging advanced analytics and cloud technology, CFOs can drive strategic insights, improve forecasting accuracy, and optimise cash management. With the vast volumes of data available, CFOs are increasingly assuming the role of data stewards.

CFO 52

CFO Risk Management Leverage Strategic Planning 52

The Finance Weekly

MARCH 5, 2024

This often involves replacing outdated ERP systems or implementing new cash management solutions. Question 3: Successful Training and Adoption Which software's training and adoption process was exceptionally well-managed across different teams, facilitating a smooth transition or implementation?

Financial Planning and Analysis (FP&A) 52

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

A Fractional CFO

APRIL 29, 2021

By Tony Fremarek | A Fractional CFO, LLC A CFO is responsible for managing the financial operations of a business, this includes accounting, financial reporting, cash management, budgeting, maintaining controls, capital structure issues, and financing.

CFO 40

CFO Strategic Planning Cash Management Budgeting 40

Centage

JUNE 28, 2023

Better Cash Management The accuracy associated with financial forecasting automation leads to better cash flow management. Accurately estimating cash flows during difficult times can help businesses operate and meet payroll obligations.

Forecasting 98

Forecasting Financial Planning and Analysis (FP&A) Cash Flow Forecasting Finance 98

VCFO

MAY 14, 2022

Elbert is a senior finance professional with nearly three decades of experience in financial reporting and analysis, banking and credit relationships, treasury-cash management, profit improvement, budgeting and forecasting, and e-commerce across multiple industries.

CFO 52

CFO Treasury Leadership Cash Management 52

Navigator SAP

FEBRUARY 17, 2022

Automating and streamlining tasks related to budgeting, cost and cash management, activity-based costing, and other accounting or finance functions also helps ensure compliance with financial regulations.

SAP 130

SAP Invoicing Manufacturing Compliance 130

PYMNTS

SEPTEMBER 19, 2019

As a result, treasurers must grapple with the notion (and the needs) of cash crossing accounts many times a day. Cash management becomes a continuous process, throughout the business day. Knowing where and how much cash there is across various legal entities, countries and currencies is crucial. on Friday, he said.

Treasury 46

Treasury Cash Management Foreign Exchange Budgeting 46

Future CFO

AUGUST 4, 2020

Conversely, businesses that may not see clear opportunities from the crisis will still find themselves struggling to maintain operational performance, which will have impact on their cash management. The post Jedox Demo: Mastering cash flow planning with cash foresight appeared first on FutureCFO.

Planning 40

Planning Forecasting Cash Management Budgeting 40

The Finance Weekly

DECEMBER 5, 2023

Managing vast amounts of data, finance leaders now play a crucial role as data custodians. Through advanced analytics and cloud solutions, CFOs can leverage strategic insights to enhance forecasting, optimize cash management, and reconsider organizational frameworks.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Prioritization Leadership 52

PYMNTS

MAY 27, 2020

Users can decide to open an individual or joint cash management account with Samsung Money by SoFi. In separate news, Samsung Pay rolled out Samsung Pay Cash last year. The product was previously described as a means of managing a user’s budget and keeping funds in Samsung Pay like cash in a wallet.

Cash Management 52

Cash Management Budgeting Accounting Finance 52

PYMNTS

NOVEMBER 26, 2020

Economic stresses have intensified since the pandemic’s onset, with businesses — especially smaller firms — and workers alike scrambling to enhance their cash management or budgeting processes in response to financial constraints. Meeting accelerating expectations in real time . The vast majority of U.S.

Cash Management 75

Cash Management Reconciliations Economics Budgeting 75

Future CFO

JUNE 11, 2021

Now seen as an essential tool for FP&A, a rolling forecast has the potential to radically transform the traditional corporate budgeting process. One of the notable changes in the post-COVID-19 era is the growing popularity of Rolling Forecast.

Planning 52

Planning Forecasting Budgeting Cash Management 52

Future CFO

NOVEMBER 17, 2022

Reduced budget for their department Increasing regulations and scrutiny Being able to provide accurate data quickly enough to help the organisation respond to market changes. According to survey results, C-suite and finance and accounting respondents see that the three biggest challenges facing them in the coming year are: .

Finance 96

Finance Financial Data Economics Budgeting 96

CFO Simplified

JULY 22, 2022

Reexamine your annual budget. Examine your open AR. Contact each of your open accounts. How many of them are not able to pay what’s due? You’re operating as their bank. You don’t want surprises either. Ensure you have a full understanding of your sales, costs, and expected net income. HUMAN RESOURCES. Determine your optimum staff level.

Cash Flow Forecasting 96

Cash Flow Forecasting Strategic Planning CFO Planning 96

Simply Treasury

JUNE 3, 2021

Then come the multiple banking relationships, the too large number of bank accounts, the lack of sufficient resources (a recurring problem - but one that drives automation), the lack of support from subsidiaries, the lack of budget (classic in times of crisis).

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

E78 Partners

APRIL 13, 2023

Our team will address optimizing accounting operations, design reporting packages and rolling forecasts for stakeholders, build and enhance treasury & cash management controls and optimize governance. Planning, Budgeting & Forecasting Optimization: We help you unlock actionable insights to make data-driven strategic decisions.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leadership Forecasting CFO 52

Boston Startup CFO

APRIL 3, 2023

Implementing accurate financial projections enables you to anticipate future revenues, expenses, and cash flow, thus facilitating informed decision-making and strategic planning. Incorporating actual vs. budget reporting allows you to closely monitor financial performance, comparing real-time results against initial projections.

Accounting 52

Accounting Accounting Principles GAAP Compliance 52

Future CFO

SEPTEMBER 29, 2022

Chris Huff: CFOs can now deploy easier-to-use software and their non-technical business analysts can automate many of these business operations across FP&A to budgeting. How should CFOs and including the finance team plan for these activities to reflect rising inflation and the uncertainties of the time that we started talking about?

CFO 52

CFO Finance Budgeting Auditing 52

PYMNTS

OCTOBER 1, 2020

Beyond the particulars of check disbursements or ACHs (and the detailed instructions that accompany any payment between buyer and supplier), Disque said automating payments into enterprise resource planning (ERP) or cash management functions (thus eliminating manual touchpoints) are especially beneficial in a remote working environment.

Accounts Payable 77

Accounts Payable Cash Management Construction Invoicing 77

PYMNTS

JULY 10, 2018

Mastercard and EU FinTech Strands are collaborating on a cash management and corporate payments platform for banks, designed to address small business (SMB) needs. AI and machine learning technology will be able to help predict cash flow, expenses and balances.

Banking 47

Banking Accounts Payable Cash Management Budgeting 47

PYMNTS

MARCH 6, 2020

Reyes, global head of liquidity and cash management for HSBC , and Nadya Hijazi, the FI’s head of eCommerce for global payments and cash management and global trade and re­ceivables finance, explain how the next stage of banking APIs could lead the way to thwarting faster payments fraud. In a feature story, Diane S.

Treasury 52

Treasury Auditing eCommerce Cash Management 52

Planful

JULY 9, 2020

Unsurprisingly, budgeting and planning capabilities continue to remain a foundational aspect of any FP&A solution, and the annual financial budget once again clinched the top spot. According to the Dresner report, capital asset planning replaced the ability to link strategic plans to the annual budget as a top-ten item.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Cash Flow Forecasting Budgeting 40

CFO Simplified

MARCH 11, 2024

Financial Management: Many lawyers lack formal training in financial management, which can lead to challenges in budgeting, cash flow management, and understanding profitability. Not exactly productive for someone making well over $175,000 annually. Many lawyers have CPA designations as well. Impressive – really.

Profit and Loss 52

Profit and Loss CFO Risk Management Invoicing 52

Future CFO

MAY 21, 2020

At the same time, tactical responsibilities have not diminished, and the unpredictability of market conditions mean CFOs spend more time on functional tasks such as developing budgets, managing financial reporting, audit, and compliance.

CFO 52

CFO Auditing Risk Management Budgeting 52

Future CFO

MAY 23, 2021

There’s always been a strain on budgets, but never like this. Moving business forward in an unpredictable market. Never before have i’s been so strategically dotted and t’s so carefully crossed. Controlling travel and expense (T&E), to put it mildly, is more critical than ever. Think about it.

Compliance 40

Compliance SAP Budgeting Technology 40

Future CFO

AUGUST 7, 2020

The top three remedial measures currently taken by most of the finance departments in both Mainland China and Hong Kong are: cash flow and liquidity planning (51%); reduction of unnecessary spending and cost control (46%); and revision of operating plans and budgets (35%).

Budgeting 40

Budgeting Forecasting Planning Accounting 40

The Finance Weekly

DECEMBER 30, 2021

In addition, revisit cash management and other controls, acquire adequate cyber insurance coverage, and develop contingency and recovery plans in case a cyberattack does happen. Business Stabilization.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Technology CFO Leverage 52

PYMNTS

SEPTEMBER 13, 2017

But according to Bent Flyvbjerg from Saïd Business School at Oxford University, the vast majority – more than 90 percent – of construction projects are late or over-budget, he told The Economist last month. “Construction accounting is a little more complex,” he recently told PYMNTS.

Cash Management 51

Cash Management Accounting Construction B2B 51

PYMNTS

JUNE 21, 2018

The report, written by Strategic Treasurer and sponsored by Bottomline Technologies and Bank of America, surveyed corporate treasurers, cash managers and CFOs about their key focuses for improving B2B payments. Corporate budgets to improve B2B payments, accounts payable and accounts receivable processes appear to be on the rise, too.

Accounts Payable 44

Accounts Payable B2B Invoicing Prioritization 44

PYMNTS

DECEMBER 31, 2020

From the back-office bean counter to the overseer of cybersecurity and anti-money laundering (AML) compliance, the modern corporate treasury has undergone an extreme makeover in recent years that goes well beyond its historic roots in cash management. According to J.P. Just a few weeks after the U.S.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

Boston Startup CFO

OCTOBER 29, 2012

Depending on your needs, a consulting CFO may be able to help with financial projections, cash forecasts, operating budgets, financial plans, pricing, reporting, debt management, M&A, equity and debt negotiations and liquidations. You can also hire a consulting group to provide accounting support on a project basis.

Startups 52

Startups Mergers and Acquisitions (M&A) CFO GAAP 52

BlueLight

JULY 30, 2020

Rather, our job is to provide a framework for the department managers to think about their own budget.” “It At the early stages, it is cash flow management. Third is financing and cash management.” This task falls to the finance leader.” “The The CFO suite doesn’t want to be the “department of No.”

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52