How AI is raising the bar for CFO budget planning
CFO Dive
DECEMBER 12, 2023
AI can analyze vast amounts of financial data to predict trends, model budget scenarios, and deliver insights, writes Falconi’s Bernardo Miranda.
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CFO Dive
DECEMBER 12, 2023
AI can analyze vast amounts of financial data to predict trends, model budget scenarios, and deliver insights, writes Falconi’s Bernardo Miranda.
CFO Dive
FEBRUARY 13, 2024
The vast majority (90%) of finance leaders are projecting higher AI budgets in the coming year, with none planning a reduction, Gartner found.
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CFO Dive
JUNE 15, 2023
The extreme-budget retailer is reshuffling its C-suite, with Ken Bull’s promotion to COO and Kristy Chipman’s appointment to CFO.
The Charity CFO
MARCH 29, 2024
One of the best ways to get a quick read on your organization’s financial health is to compare your nonprofit budget to actual performance. A budget to actual analysis helps you look at your estimated revenue and expense versus what your organization actually saw. This helps improve donor confidence in your organization.
The Charity CFO
FEBRUARY 27, 2024
Budget tracking is the process of monitoring your nonprofit’s income and expenses to ensure they stay within your planned budget. Effective budget tracking is essential to financial transparency, efficient resource allocation, and strategic planning for your nonprofit. But your budget shouldn’t be a “set it and forget it” plan.
CFO News
JANUARY 29, 2023
The last full budget before the election year drives significance to Union Budget 2023 on February 1, 2023. A lot is expected in this last mile, ETCFO recaps the bucket list of the CFO community.
CFO Dive
AUGUST 19, 2022
companies are expanding their technology budgets to drive growth, PwC found in a survey. Despite the prospect of recession, more than half of U.S.
Future CFO
OCTOBER 4, 2022
When it comes to CFO budget 2023, only 7% of finance leaders plan to cut customer service spending over the next 12 months, said Gartner recently. CSS leaders should therefore prioritise the technologies that meet these criteria to make the strongest case for investment when it comes to CFO budget 2023, the research firm advised.
CFO News Room
NOVEMBER 13, 2022
But more importantly, marketers know from experience that when the economy turns, their budget is an easy target. During the pandemic, we saw numerous productive marketing advances, many of which were long overdue — from more agile budget allocation to accelerated digital transformation connecting marketing and e-commerce.
CFO Dive
OCTOBER 3, 2022
In this article, we'll go over both approaches to budgeting so you can pick the one that works best for your business.
CFO Dive
JANUARY 27, 2023
CFOs are overhauling their technology budgets as inflation, slumping economic growth and other external forces jeopardize their earnings targets.
CFO News
JANUARY 31, 2024
India Inc braces itself for the interim budget for 2024-2025 to be announced soon. Finance Minister Nirmala Sitharaman, will be presenting her sixth union budget, rather than a full Budget ahead of the General Election in 2024.
Future CFO
NOVEMBER 16, 2021
The top CFO focus for 2022 is improving the flexibility of budgeting and forecasting, according to a September 2021 survey of 251 CFOs and other finance leaders by Gartner. The annual budget plan is a convenient starting point but the way an organisation uses money throughout the year is far from static,” Vakil pointed out.
CFO News
MARCH 21, 2024
Amidst the financial landscape of 2024, CFOs are intensifying their focus on elevating employee compensation, as revealed by a recent survey conducted by Gartner Inc., reflecting evolving trends in budget allocations and retention strategies.
CFO Talks
MARCH 20, 2024
From Controller to CFO: What Changes? Moving from being a Controller to a CFO is a big step up. Both the CFO and Controller deal with the company’s finances, but they focus on different things. The CFO, however, looks at the bigger picture. Budgeting: The Controller gathers info and puts the budget together.
CFO Thought Leader
APRIL 16, 2024
Inside The Mentoring Round, Semperis CFO Jeff Bray emphasizes the importance of concentrating investments on the best ideas rather than spreading resources too thinly. He also plans to improve budget reporting to business units and implement stronger governance structures to support scaling operations.
The Charity CFO
MARCH 3, 2022
But you can make a real difference if you understand nonprofit budgeting. Distinguish Nonprofit Budgeting From for-Profit Budgeting. You may have experience in budgeting and accounting for for-profit organizations. You may have experience in budgeting and accounting for for-profit organizations.
CFO News
FEBRUARY 1, 2024
In this article, Rakesh Nangia and Rajan Sachdev delve into Finance Minister Nirmala Sitharaman's Interim Budget 2024. They highlighted that this budget presents a Sankalp (pledge) for an Unstoppable India, emphasizing inclusive growth, innovation, and the strategic importance of the India-Middle East-Europe Economic Corridor.
CFO News
FEBRUARY 4, 2024
Gaurav Mehndiratta, Partner and Head of Corporate and International Tax at KPMG in India, dissects the Interim Budget 2024, praising its pragmatism and measures to sustain economic growth amidst a pivotal election year.
CFO News
JANUARY 3, 2024
CFO Krishna Raghunathan outlines robust growth strategies, capital positions, and a keen focus on innovation in this comprehensive update. Supriya Lifescience, charts an ambitious path to achieve Rs 1000 crores in revenue by FY27.
Spreadym
DECEMBER 1, 2023
The annual budgeting process refers to the series of steps an organization undertakes to plan, prepare, and allocate financial resources for the upcoming fiscal year. These goals will guide the budgeting process. These goals will guide the budgeting process.
CFO Share
JANUARY 31, 2024
What is a fractional CFO? A fractional CFO is a part-time CFO for small companies. Thanks to cloud-based bookkeeping , fractional CFOs have recently become accessible to even the smallest companies. Why would I hire fractional CFO services? Why would I hire fractional CFO services? Ask for referrals.
CFO News Room
FEBRUARY 5, 2022
The equity market witnessed some wild swings on the Budget Day, with the Sensex rebounding after losing more-than 2% from the day’s high. But unlike other Budget Days, benchmarks ended the day in the green, as investors cheered a growth-oriented Budget. By Yoosef Kp & Ruchit Purohit. After surging as much as 1,018.03
CFO News
FEBRUARY 4, 2024
Finance expert Robin Banerjee evaluates the Union Budget 2024, emphasizing long-term planning, infrastructure focus, fiscal responsibility, and sector-specific strategies. While praising positive moves, he points out areas that need more attention for a comprehensive economic uplift.
CFO News Room
FEBRUARY 5, 2022
Finance Minister Nirmala Sitharaman’s shortest Budget ever may not have met the general expectations of being a short-term consumption booster, but it surely has all the right ingredients for becoming an impactful long-term growth-oriented move. Also Read | Union Budget 2022: Solar PLI scheme corpus grows over five times to Rs 19,500 crore.
CFO News Room
FEBRUARY 5, 2022
In her Budget speeches for 2019-20 and 2020-21, finance minister Nirmala Sitharaman referred to ZBNF as ‘innovative model for doubling farmers’ income’. To reduce import dependence, the Budget has also proposed formulation of a comprehensive scheme for boosting domestic production of oilseeds. In 2020-21, India imported 13.35
CFO News Room
FEBRUARY 3, 2022
The Indian technology sector saw several major announcements in the Union Budget 2022, with a few misses in the startup segment. Budget 2022’s announcements on manufacturing, sustainability, electronics, digital currency, innovation and startups with technology as the cornerstone are expected to give a fillip to the tech industry.
Capital CFO LLC
AUGUST 23, 2023
Building and maintaining a solid business budget is a crucial aspect of running a successful small business or being an entrepreneur. It not only helps you stay organized and in […] The post Building and Maintaining Your Business Budget: The Essential Guide appeared first on Capital CFO+.
CFO News Room
FEBRUARY 4, 2022
The importance of making a budget is a financial lesson that cannot be overemphasized. If you and your family want financial security, following a budget is the only answer. Below are six good reasons why everyone should create and stick to a budget. A budget helps you figure out your long-term goals and work toward them.
CFO News Room
FEBRUARY 6, 2022
While the sizeable increase in infra spend and sectoral initiatives in Union Budget augur well, there is need for policy reforms that help create a robust private investment ecosystem. Both of these would be addressed through the Gati Shakti initiative which is one of the cornerstones of Budget 2022-23.
CFO News Room
FEBRUARY 4, 2022
Union Budget 2022: Moody’s Investors Service on Friday said India’s conservative budget assumptions leave room for the government to respond to prevailing macroeconomic and pandemic risks over the next year. India’s budget projects a narrowing in the central government deficit to 6.4 per cent in fiscal 2021. lakh crore (0.8
CFO Share
APRIL 1, 2024
What to Expect When You Hire an Outsourced CFO The thought of hiring an outsourced Chief Financial Officer (CFO) has been on your mind, perhaps driven by stalled growth and advice from your mentors. Here’s a journey through the initial months of outsourcing your CFO so you know what to expect. Where could they be?”
Future CFO
APRIL 26, 2023
Be it the geopolitical tension in many parts of the world, the prevailing volatility of energy prices, or the looming crisis that is climate change , there is no rest for the CFO when it comes to navigating the challenges, man-made or otherwise. By being more risk aware, the CFO can assess scenarios relevant to the firm's business strategy.
CFO News Room
FEBRUARY 5, 2022
The Union Budget for 2022-23 made a string of other announcements on digital payments, including a plan to offer netbanking to depositors with India Post and another to set up 75 digital banking units across as many districts. The government also intends to tax transfer of ‘digital assets’, widely interpreted as cryptocurrencies, at 30%.
Future CFO
FEBRUARY 25, 2024
Editor’s note: Have you already adopted agile budgeting? Pannie Sia (pictured), general manager, ASEAN, Workda y explains what it is, how it’s different from traditional budgeting, the benefits it brings, and how CFOs can make agile budgeting effective and successful.
CFO News Room
FEBRUARY 5, 2022
Resilience, inclusive growth, and technology-enabled development – the Budget 2022 by finance minister Nirmala Sitharaman aims to create an enabling framework to achieve these three benchmarks. While the Budget delivers on many fronts, achieving this completely would require a concentrated effort spanning multiple years and further reforms.
CFO News
JANUARY 11, 2024
As the budget announcement approaches on February 1, 2024, expectations are high for potential changes in taxation policies. On one side, the economists want the government to manage fiscal consolidation and spend wisely, India Inc have their own checklist.
The Charity CFO
FEBRUARY 16, 2023
Nonprofit budgeting best practices are often the difference between success and failure for the organization. Budgeting is a crucial element of understanding the financial health of your organization. While nonprofit budgeting can seem daunting and complex, it doesn’t have to be. It takes time to get a budget right.
Capital CFO LLC
JULY 25, 2023
Starting a business is an exciting venture, but it can also be overwhelming, especially when it comes budgeting for a startup and managing your finances. As a startup founder, getting […] The post Budgeting for a Startup: Tips for Getting Your Finances in Order appeared first on Capital CFO+.
CFO Simplified
FEBRUARY 17, 2022
Nobody likes creating a budget. But budgeting is vital because it’s the company’s plan for the coming year. If the proper analysis is done, then the budget becomes a tool to guide the company forward. Budgeting is a process that may result in multiple iterations before the resulting numbers are acceptable. Evaluation.
CFO News
JANUARY 28, 2024
As the interim Budget for the fiscal year 2024-25 approaches, startup CFOs converge with a shared vision, advocating transformative measures. From tax reforms to industry empowerment, their expectations collectively shape India's dynamic startup landscape.
CFO News Room
FEBRUARY 4, 2022
How the Budget platform was used for setting a roadmap for the next 25 years is indeed commendable, with something for everyone and a special focus on new-age industries like start-ups, infrastructure, blended fuel, electrical vehicles, digital currencies, blockchain technologies and renewable energy.
CFO News
FEBRUARY 1, 2023
This article seeks to analyze the impact of the Indian Budget for 2023-2024 on corporate sustainability and ESG integration as the core business strategy.
CFO News
JANUARY 25, 2024
Union Budget 2024 is next week, and the questions are many, whether it will focus on growth and boost capital expenditure or reduce spending to curtail the debt, which is significantly high. Education, health and women empowerment, and employment are the major areas which people want the finance minister to address.
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