AI dominates CFOs’ 2024 budget hike plans
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
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.
CFO Dive
JULY 14, 2023
The majoriy of finance departments studied were about as efficient as a “monster truck,” a Hackett Group researcher said. There are steps companies can take to make them run more like Priuses.
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CFO Dive
MAY 14, 2024
Accounting for every dollar was largely just an elusive aspiration in finance circles — until artificial intelligence arrived, writes Globality’s Seth Catalli.
The Charity CFO
MARCH 29, 2024
Knowing where your finances stand is essential to effective nonprofit management. 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. For example, you budget $2,000 per month for payroll, but your actual costs are $2,500.
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 Thought Leader
OCTOBER 24, 2023
Chadwick, CFO, Pitney Bowes MADE POSSIBLE BY PLANFUL | Planful is the pioneer of financial performance management cloud software. The Planful platform, which helps businesses drive peak financial performance, is used around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and analytics.
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 Dive
SEPTEMBER 16, 2022
The appeal of litigation finance — which has evolved into a $17 billion business — could rise in a slowing economy as investors warm to non-correlated assets.
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. According to results of a July survey of 234 finance leaders, 21% plan to increase customer spending and 72% to maintain spending, despite economic pressures.
CFO News
FEBRUARY 1, 2023
The budget has taken advantage of the fiscal space created by the end of the Covid free-food programme, lower fertiliser subsidies, and a sharp reduction in MGNREGA outlay. This has an element of election budgeting. This has made possible the reduction of ₹37,000 crore in direct taxes.
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.
CFO Thought Leader
OCTOBER 26, 2023
945: Achieving a Management Rapport | Doug Lindroth, CFO, Tealium MADE POSSIBLE BY PLANFUL | Planful is the pioneer of financial performance management cloud software. Planful empowers finance, accounting, and business users to plan confidently, close faster, and report accurately.
Cube Software
SEPTEMBER 22, 2023
As a former 3x CFO, I've survived my fair share of budget seasons—and so has my colleague , Chris Ortega (fractional CFO and CEO of Fresh FP&A). From budget season horror stories to tales of success, Chris and I discussed it all in our recent webinar, Surviving Budget Season: 4 Proven Tactics for Finance Leaders.
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. This forces finance leaders to make the more difficult trade-offs anyway, often at the most challenging moments for a business,” she noted.
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.
Future CFO
APRIL 22, 2024
The evolution of the finance function over the past few years has been anything but apparent, with the whole advent of digitalisation within the team and the non-stop shifts in the market. For many Finance teams, AI-powered technology does not replace humans as it functions more like a highly specialised team member.
CFO News Room
DECEMBER 16, 2022
One industry that tends to be recession-resistant is finance. And while the finance industry has seen its share of ups and downs over the years, it generally bounces back fairly quickly after a downturn. If you’re considering a career in finance, you’re probably wondering what the best-paying jobs are. Chief Financial Officer.
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
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 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 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. By Mohit Malhotra. Around Rs 2.37 The writer is CEO, Dabur. Views are personal.
CFO Selections
APRIL 19, 2024
The first thing you need to know when creating a budget is that it is wrong from the start. In the world of accounting and finance, we like things to be precise and tie out neatly. A budget, on the other hand, is meant to be a predictive tool and a roadmap to help you get to where you are going.
CFO Thought Leader
APRIL 30, 2024
From his early days in auditing at PwC to his current role as CFO at Prophix, Aaron Levine has had a career that has closely tracked the evolving nature of the financial leadership role. Vintz, a very externally focused CFO, adeptly navigated public company landscapes, from investor relations to quarterly earnings calls.
CFO News Room
FEBRUARY 5, 2022
The Finance Bill, 2022 proposes amending the RBI Act, 1934 to modify the definition of a bank note to cover digital notes issued by the central bank. The Reserve Bank of India ( RBI ) will introduce a digital rupee in the next financial year beginning April 2022 subsequent to amendments proposed in the Finance Bill, 2022.
CFO Thought Leader
SEPTEMBER 20, 2023
934: You’ll Figure It Out | Svai Sanford, CFO, Rani Therapeutics MADE POSSIBLE BY PLANFUL | Planful is the pioneer of financial performance management cloud software. Planful empowers finance, accounting, and business users to plan confidently, close faster, and report accurately.
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. Both the CFO and Controller deal with the company’s finances, but they focus on different things.
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. The finance minister also said the IPO of LIC will be announced soon.
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 Share
JANUARY 31, 2024
What is a fractional CFO? A fractional CFO is a part-time CFO for small companies. It is a cost-effective way for small businesses to utilize professional finance and accounting without the commitment of a full-time employee. Why would I hire fractional CFO services? Why would I hire fractional CFO services?
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. Also Read | Union Budget 2022 focuses on long-term economic growth; watch out for these sector stocks for strong gains. By Vidit Aatrey.
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.
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 4, 2022
The finance minister has managed the tough balancing act of spurring economic revival while also maintaining fiscal discipline. Crucially, while the Budget had a clear digital focus, it did not leave the needs of the grassroots unattended. The author is MD and CEO, AU Small Finance Bank. By Sanjay Agarwal. Views are personal.).
CFO Thought Leader
OCTOBER 5, 2023
939: Creating a Narrative for Growth | Ralph Leung, CFO, Achieve MADE POSSIBLE BY PLANFUL | Planful is the pioneer of financial performance management cloud software. Planful empowers finance, accounting, and business users to plan confidently, close faster, and report accurately.
CFO Thought Leader
SEPTEMBER 7, 2023
930: Where Leaders Are Made | Tony Boor, CFO, Blackbaud MADE POSSIBLE BY PLANFUL | Planful is the pioneer of financial performance management cloud software. Planful empowers finance, accounting, and business users to plan confidently, close faster, and report accurately.
CFO News
SEPTEMBER 4, 2023
The Ministry of Finance has started the process of preparing the interim Budget for 2024-25 by inviting inputs on expenditure from various ministries and departments. The full Budget for the next fiscal year will be presented after the formation of the new government post the Lok Sabha elections.
CFO Thought Leader
OCTOBER 16, 2023
942: Building a Profitability Mindset | Sarah Spoja, CFO, Tipalti MADE POSSIBLE BY PLANFUL | Planful is the pioneer of financial performance management cloud software. Planful empowers finance, accounting, and business users to plan confidently, close faster, and report accurately.
CFO Dive
MAY 15, 2023
In a survey commissioned by software provider OneStream, budget constraints surpassed employee skill gaps and return on investment issues as obstacles to new technology investments.
CFO Thought Leader
OCTOBER 10, 2023
940: All the Moving Parts | Michael Linford, CFO, Affirm MADE POSSIBLE BY PLANFUL | Planful is the pioneer of financial performance management cloud software. Planful empowers finance, accounting, and business users to plan confidently, close faster, and report accurately.
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.
The Finance Weekly
APRIL 12, 2022
For many accounting and finance professionals, being a chief financial officer (CFO) is a career highlight. Taking that next step towards the finance executive table, whether you have 10, 20, or even 30 years of expertise in finance, is no easy task. However, getting there is only the start of the journey.
The Finance Weekly
JANUARY 22, 2024
Joe Berchtold, the President and CFO of Live Nation Entertainment, earned an impressive $52.4 million in 2023, making him the ,, highest-paid CFO in the United States. Aspiring individuals may wonder how they can achieve similar heights and earn big as a CFO. Resolve accounting and finance problems.
Future CFO
DECEMBER 19, 2023
In a bid to impact the organisation and drive change, the chief financial officer (CFO) and their colleagues must become the consummate sales team. A CFO must develop an organisation adept at communicating, reporting, and analysis, as ideas and feedback must be clearly articulated within the company.
CFO Strategic Partners
JANUARY 11, 2022
Were your end-of-year finances not where you wanted them to be? At CFO Strategic Partners, our experienced team of outsourced CFOs have the skills and resources needed to help your organization achieve its financial goals and reach its full potential. Here are just three of the ways we can help improve your finances now.
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