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Tips for cash management for a nonprofit organization

The Charity CFO

Cash management for a nonprofit organization is possibly the most important consideration for success. In a previous article, we discussed the benefits, risks, and compliance requirements of outsourcing bookkeeping for nonprofit organizations. What is cash management?

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Busting the budget myth in cloud deployment

Future CFO

The rule of thumb for many IT implementations is to get the new systems up and running on a cost-friendly budget without compromising quality and performance. Do not restrict the budget when it comes to the treasury system. But again, we managed to do it in stages. Pulat Yunusmetov. We took it step by step,”.

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The risks CFOs must face in 2024

Future CFO

By leveraging advanced analytics and cloud technology, CFOs can drive strategic insights, improve forecasting accuracy, and optimise cash management. The challenge is in integrating new technologies such as generative artificial intelligence in the organisation's business models and assessing the total cost of risk at multiple levels.

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Key features for FA&P software to choose the best one

Spreadym

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.

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EACT SURVEY 2021

Simply Treasury

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). François Masquelier, Vice Chairman EACT.

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Protecting Your Law Firm

CFO Simplified

Financial Management: Many lawyers lack formal training in financial management, which can lead to challenges in budgeting, cash flow management, and understanding profitability. Risk Management : Legal work inherently involves risks that are generally more intensive than a typical business.

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CFO guide to thriving with risk

Future CFO

A Dow Jones Intelligence survey of 500 finance executives affirm what we know today – there is greater demand on the CFO to participate in strategic business decision-making, as well as a more diverse types of business and operational risk management.

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