Michigan CFO

JUNE 7, 2023

In today’s ever-evolving business landscape, the role of the Chief Financial Officer (CFO) has become crucial for effective financial management and decision-making. However, not all businesses have the resources or the need for a full-time, in-house CFO. This is where virtual CFOs come into play.

CFO 52

CFO Problem Solving Budgeting Communication 52

Boston Startup CFO

APRIL 12, 2024

13-week Cash Flow Forecasting We offer a comprehensive and forward-looking approach to cash planning. 13-week Cash Flow Forecasting We offer a comprehensive and forward-looking approach to cash planning. Dashboard Reporting We can provide clear and actionable insights into your financial data.

Planning 40

Planning Cash Flow Forecasting Forecasting Benchmarking 40

Centage

JUNE 7, 2022

Once upon a time the role of CFO was focused on backward-looking data. However, these days, chief financial officers do a great deal more than financial reporting. Marry Finance With Strategy It’s not enough to provide accurate financial data.

CFO 97

CFO Forecasting Budgeting Data Analysis 97

Boston Startup CFO

FEBRUARY 1, 2023

Here are the top signs that your startup may need a fractional CFO. Preparing for fundraising If you are planning to raise funds for your startup, there are many pitfalls and unknowns. A CFO can help you create a plan that outlines how you will use the funds you raise, as well as how you will achieve your financial goals.

CFO 40

CFO Startups Cash Flow Forecasting Budgeting 40

KG Virtual CFO

OCTOBER 12, 2020

Your business budget puts you in control of your company. It helps you avoid overspending and track financial goals. But with the coronavirus in full swing, you may have had to throw your business budget out the window to stay afloat. Maybe you had no choice but to temporarily close your business due to new regulations.

Budgeting 52

Budgeting Cash Flow Forecasting Prioritization Forecasting 52

Jedox Finance

SEPTEMBER 10, 2020

The crisis also highlighted the limitations with using legacy planning approaches. Now, with companies readying for the new normal, CFOs need a fresh approach and be able to disconnect from the past. This allows CFOs to stay laser-focused on triggers and initiatives that account for most of their business value.

CFO 69

CFO Forecasting Budgeting Financial Modeling 69

Future CFO

AUGUST 23, 2019

The days of manual, spreadsheet-based budgeting, planning and forecasting processes are numbered.

Forecasting 52

Forecasting Budgeting Planning Financial Data 52

The Finance Weekly

MARCH 25, 2024

Big companies used to hog all the CFO action, but now even small and medium-sized businesses are jumping on the bandwagon. Why the sudden CFO craze? Well, CEOs are cluing in on the fact that having a financial expert on board can steer their ship in the right direction and spur business growth. AMRSQ) stock valued at over $8.

CFO 97

CFO Finance Forecasting GAAP 97

The Charity CFO

MARCH 28, 2024

Focus on Budgeting and Financial Planning Like standardized financial policies, budgeting is an important aspect of your nonprofit accounting system. Your budget helps you plan out expenses and revenue in advance so you have a better idea of the financial health of your organization.

Nonprofit 52

Nonprofit Accounting Budgeting Compliance 52

CFO News Room

DECEMBER 16, 2022

As a financial executive, the chief financial officer (CFO) is responsible for the financial health of an organization. The CFO role is multi-faceted and includes everything from financial planning and analysis to business budgeting, financial decision-making, and risk management.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

KG Virtual CFO

OCTOBER 8, 2020

A budget provides the financial data that support your company’s vision, mission, and goals. It outlines key information on both the current state of your finances (including income and expenses) and your long-term financial goals. Don’t forget to factor those expenses into your budget as well.

Budgeting 52

Budgeting Financial Data Sales Planning 52

Fpanda Club

SEPTEMBER 2, 2021

The growing variety and complexity of tasks within the finance function has resulted in the creation of a discipline that is supposed to become a bridge between the finance and business to support decision-making process by leveraging data and technology. This relates to FP&A which stands for financial planning and analysis.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Budgeting 130

The Charity CFO

MARCH 22, 2024

Types of Data for Nonprofits The types of data a nonprofit might use for decision-making can vary between organizations. Most nonprofits will use at least one of three types of data: Financial data: Financial data includes any data relating to the finances of the organization, such as revenue or expense data.

Nonprofit 52

Nonprofit Leadership Benchmarking Leverage 52

The Finance Weekly

JANUARY 19, 2023

The CFO role traditionally has two high-level leadership archetypes: strategic and operational. An operational CFO optimizes performance by combining data from various departments with financial data. A strategic CFO focuses on creating long-term plans to achieve the company's goals.

Leadership 98

Leadership CFO Benchmarking Finance 98

Future CFO

AUGUST 6, 2020

The crisis also highlighted limitations with legacy planning approaches. Now, with companies readying for a new normal, CFOs need to think afresh and unshackle from the past. Dynamic forecasting gives CFOs the line of sight to maximize top-line and limit discretionary spending – something an annual budget cannot achieve.

CFO 40

CFO Forecasting Budgeting Financial Modeling 40

Beacon CFO Plus

SEPTEMBER 27, 2023

Providing Critical Financial Strategy, Cost Optimization, and More Hiring a fractional CFO for your startup is a strategic move that brings expert financial guidance without the full-time commitment. This guidance ensures that resources are allocated efficiently and that the company’s financial trajectory remains on track.

Startups 52

Startups Compliance CFO Financial Modeling 52

The Charity CFO

APRIL 2, 2024

In addition, you need to make sure your financial data is accurate and readily available for donors, board members, and other stakeholders. They’ll know how to approach common financial issues for nonprofits, such as limited budgets or restricted funds.

Nonprofit 52

Nonprofit Accounting Accounting Firms CFO 52

The Finance Weekly

MARCH 13, 2022

So, why are VCs investing in the office of the CFO? Venture Funding Hits High In Finance DataRails , DataRails , the financial planning and analysis (FP&A) platform for Excel users, announced early March 2022 that it has raised $50M in Series B funding. Because Finance forms the backbone of any business.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Investments CFO Accounts Payable 52

Centage

JANUARY 10, 2024

One of the biggest challenges lies in streamlining management to ensure accurate financial reporting across multiple entities, locations, offices, or profit/cost centers. The development of a streamlined and efficient budgeting process is crucial.

Budgeting 52

Budgeting Financial Reporting CFO Finance 52

Future CFO

DECEMBER 18, 2022

In the coming year, CFOs will be expected to focus on helping their companies build resilience – whether through critical decision-making backed by a real-time view of financial data, or ensuring competitive advantage with digital transformation and sustainability initiatives. Source: Gartner 2022.

Economics 98

Economics CFO Leadership Financial Data 98

The Charity CFO

NOVEMBER 23, 2022

They are responsible for the financial health of the organization. They create and maintain financial records, prepare financial reports, and oversee the organization’s budget. This background helps them provide oversight for and manage all forecasts, budgets, and investments for the organization.

Nonprofit 52

Nonprofit Finance Strategic Planning Budgeting 52

Future CFO

JANUARY 14, 2024

Trusting the cloud to manage financial data and reporting can be a game-changer for financial planning and analysis. Financial performance management platform Planful enumerated the benefits that cloud finance solution can bring to the table: Cost savings and predictability. Scalability. Integrations.

Finance 52

Finance Budgeting Securities Financial Data 52

Future CFO

AUGUST 1, 2023

The rise in digital transformation (DX) initiatives and the adoption of mobile technologies have also contributed to the demand for cloud-based financial applications in Asia/Pacific. Companies are increasingly seeking secure and compliant solutions to manage their financial data.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

Jedox Finance

JANUARY 23, 2020

A new calendar year can be a great time to take a renewed, fresh look at your business planning and performance management. In a perfect world, we would like an EPM system that manages organization-wide planning, reporting and analysis. Collection of organization-wide financial and non-financial data.

Financial Planning and Analysis (FP&A) 88

Financial Planning and Analysis (FP&A) Budgeting Data Analysis Forecasting 88

Jedox Finance

SEPTEMBER 3, 2020

It thrust the Chief Financial Officer (CFO) to the frontline of business survival and saw many setting up cash control towers with granular oversight over cash flow, receivables, and payables to navigate disruptions. This placed an acute spotlight on planning agility. Build for broad and deep data integration.

Forecasting 81

Forecasting CFO Planning Budgeting 81

PYMNTS

JULY 5, 2017

For a chief financial officer (CFO), having technology — from ERP systems to cloud accounting and cash forecasting tools — has become paramount when deploying a successful growth strategy. “Companies still rely too much on Excel for reporting,” Born explained.

Financial Data 52

Financial Data Auditing Financial Reporting CFO 52

The Charity CFO

AUGUST 15, 2023

Not only are accountants included in the management of grants like tracking how the funds are spent, they are also involved in the fundraising process by building budgets to justify the request. Budgeting and Planning Budgeting and planning are two essential aspects of a nonprofit accounting system.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

Future CFO

DECEMBER 17, 2023

Technology and some budget flexibility will boost confidence The theme of 2023 is doing more with less, and that will continue to be the case as economic uncertainty carries over into 2024, said Tom Lavin, Chief Controlling Officer, Marketing and Solutions. Finance teams spend significant time on financial planning," he said.

SAP 52

SAP Finance Budgeting Data Analysis 52

The Charity CFO

FEBRUARY 27, 2023

Tosha Anderson, CPA and CEO of The Charity CFO , discusses the do’s and don’ts of a treasurer in a recent episode of the “A Modern Nonprofit” Podcast. These tasks include organizing financial data into helpful reports to be presented to the other board members. Get the free guide!

Nonprofit 52

Nonprofit Compliance CFO Leadership 52

The Charity CFO

MAY 11, 2023

When utilizing outsourced accounting services, you only pay for the services you need and you may have access to more premium software than you could purchase on your in-house budget. Properly evaluate each company and their credentials before letting go of your financial data. Get the free guide!

Nonprofit 52

Nonprofit Communication Auditing GAAP 52

Future CFO

NOVEMBER 27, 2022

Sanjay Patil , executive partner for finance and supply chain transformation at IBM Consulting , ASEAN, says the CFO role is evolving and is now aligned with the priorities of the CEO for the organisation including improved efficiencies and customer experience. Sanjay Patil : Data is critical for the application and deployment of AI.

Finance 52

Finance CFO Compliance Auditing 52

The CFO College

AUGUST 31, 2021

Help your startup clients stay cash flow positive with good budgeting and planning services. The rolling cash forecast is one of many CFO-level skills we teach in our program. This data includes a capital plan, proper entity structure, pre-revenue valuation, and raise structure (convertible note or direct equity).

Startups 81

Startups Accounting General Ledger Forecasting 81

The Charity CFO

AUGUST 28, 2023

This isn’t always a priority for dedicated nonprofit professionals, who may spend more of their time focusing on the issue or cause their group is involved with, as well as programming, donor relations, and event planning decisions. However, financially-minded folks are crucial for a variety of reasons. Get the free guide!

Nonprofit 52

Nonprofit Problem Solving Finance CFO 52

CFO Share

MAY 10, 2024

Although bookkeepers are not professional financial planners, they can use their intimate knowledge of your transactions to assist business cash flow management. A 13-week cash flow does not replace annual budgeting or 12-month forecasting. Cautions about cash flow forecasting.

Forecasting 52

Forecasting Cash Flow Forecasting Invoicing Accounts Payable 52

Future CFO

JUNE 13, 2022

Grace Lim (pictured), CFO at KK Women's & Children's Hospital (KKH) in Singapore shared with FutureCFO audiences how female finance executives could become CFOs. Grace Lim, CFO, KK Women's & Children's Hospital. I was fortunate to get a flavour of the accounts payables, costing and budgeting functions.

Healthcare 52

Healthcare CFO Leadership Finance 52

CFO Share

MARCH 23, 2021

Unlike a budget or calendar year forecast, a rolling 12-month forecast adds one month to the forecast period each time a month is closed so that you are continuously forecasting for 12 months. This enables continuous planning of future performance based on actual performance. This takes the burden of analysis out of routine planning.

Forecasting 52

Forecasting Financial Planning and Analysis (FP&A) Budgeting Cash Flow Forecasting 52

https://trustedcfosolutions.com/feed/

JUNE 15, 2021

As the CFO, there’s always some shiny new toy being pitched by the, wait for it – CRO, CTO, CMO & PM. If you’re like other CFOs, you probably want a good dashboard to monitor KPIs & a tool that lets you visualize data across the firm. Uses Sage Intacct Data security. Does the world need another acronym?

General Ledger 57

General Ledger CFO Financial Data Budgeting 57