Future CFO
JANUARY 16, 2024
To be prepared, CFOs must keep in mind of the following for better business travel cost management : Utilising new technology CFOs are increasingly leaning on sophisticated travel management systems that offer not just data but insights. CFOs are championing a hybrid model, blending virtual and in-person meetings.
Future CFO
APRIL 7, 2020
A Gartner survey of 317 CFOs and finance leaders on March 30, 2020, revealed that due to COVID-19 62% of respondents are planning some cuts to selling, general and administrative (SG&A) budgets in their organizations in 2020. Figure 1: Which SG&A functions will likely have their budget cut by more than 10% in 2020?
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Future CFO
JANUARY 8, 2024
To effectively manage cloud costs, finance leaders need to take a proactive approach and establish robust cost management practices. Cloud cost management involves analysing and optimising cloud spend to ensure that organisations are getting the most value for their investment.
Future CFO
JANUARY 4, 2024
This will serve as a guide for CFOs to embrace change, prioritise cost efficiency, and stay attuned to the ever-changing technological landscape. Navigating financial instability Ongoing discussions of inflation and budget cuts echo across global organisations. This results in CFOs re-emphasising fundamental financial practices.
The Charity CFO
JUNE 7, 2023
This information is crucial for financial planning, budgeting, and identifying potential areas of revenue growth. Evaluating Expenses : Evaluate the expenses incurred by the nonprofit, such as program expenses, administrative costs, fundraising expenses, etc. The Charity CFO specializes in nonprofit accounting and bookkeeping.
The Charity CFO
MARCH 23, 2023
Functional classifications include program costs, management and general costs, and fundraising costs. You should set goals, create a budget , and compare the budget to the actuals from your financial statements. This may sound confusing at first, but it’s actually pretty straightforward. Get the free guide!
Future CFO
NOVEMBER 27, 2022
In an IBM Global C-Suite study , two-thirds of CFOs surveyed confirmed that their agenda includes taking an active role in developing strategy, driving growth, reducing costs, managing risks and providing insights. Why is artificial intelligence important to the CFO and the finance team? Sanjay Patil.
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