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Why Outsourced CFO Services Are Perfect for Financial Forecasting

CFO Share

Accurate financial forecasting is crucial for small businesses, but developing and updating forecasts can be time-consuming, frustrating, and ultimately inaccurate. Precise forecasts provide the roadmap for future growth, but most small companies spin their wheels developing and maintaining forecasts.

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CFO focus 2022: Improve flexibility of budgeting and forecasting

Future CFO

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.

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Why Financial Forecasting Is More Important Than Your Annual Budget

Centage

Once upon a time, businesses were satisfied with creating an annual budget. You used your budget as a measuring stick to gauge performance against assumptions made months ago. But times have changed – which is why financial forecasting is more important than your annual budget. What’s the Financial Forecast Look Like?

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The dynamic Duo of CTO, CFO in financial forecasting

Future CFO

Tony Allen , chief technological officer at subscription management software and recurring billing platform Recurly , dives deeper into the critical partnership between the CFO and CTO. Common Business Understanding A strong relationship between the CTO and CFO builds a common business understanding.

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Do You Need a Nonprofit CFO?

The Charity CFO

In nonprofits, managing your finances effectively is essential to running a sustainable organization. A Chief Financial Officer (CFO) is a C-suite financial manager for your organization. But is your organization ready to bring on a CFO? What is the Role of a Nonprofit CFO? Do you need one?

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Ten questions on planning, budgeting and forecasting

Future CFO

To grow the business quickly and sustainably requires its leaders to underpin ambitions with solid processes and systems for planning, budgeting and forecasting (PB&F). How to support an agile, collaborative and connected finance department. These ten questions (and answers) help business leaders find the perfect solution.

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What is Financial Forecasting and Why Does it Matter to Nonprofits?

The Charity CFO

Financial forecasting is a term you’ll hear thrown around in the business world quite often—but in the world of nonprofits, it can be difficult (and even downright impossible) to plan your organization’s finances with any degree of certainty. The best way to do this is through financial forecasting.