Remove Budgeting Remove CFO Remove General Ledger Remove Manufacturing
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How to Calculate Your Profitability: A Case Study

CFO Simplified

This CFO Simplified client watched profitability slowly disappear—until they incurred a $125,000 loss. Manufacturing variances were caused by a variety of factors, but the summary general ledger (GL) postings didn’t provide an answer. . A CFO can help ensure your business’ profitability is at its best.

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Comptroller vs. Controller: What Is the Difference?

Michigan CFO

Comptrollers report to the Chief Financial Officer (CFO). Financial controllers report to the CFO of their organizations. Some of their general responsibilities are highlighted below. They are responsible for budgeting resources and making financial decisions according to the approved budget and funds available.

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Keep Proprietary Processes Secret

CFO Simplified

Bringing Value Through CFO Insights. Business – Manufacturer of industrial models. One made stock models that were sold from a catalog, and the other produced structural prototypes of critical manufacturing components for major corporations. The general ledger layout is generic in nature. Initial Contact –.

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Dealing with Obsolete Inventory

CFO Simplified

For manufacturers, retailers, or wholesale distributors, inventory is likely the largest item on their balance sheet. Bringing Value Through CFO Insights. Business – Dress Manufacturer. The company also started a sportswear line, but that didn’t sell due to a significant manufacturing error in incorrectly sizing the items.

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10 Best FP&A Software Tools: A Comprehensive Buyer’s Guide [2023]

Onplan

Finance professionals and teams today have numerous solutions available to help them plan, budget, forecast, and analyze financial information. OnPlan is an all-in-one FP&A solution that streamlines financial forecasting, budgeting, and workflow management by connecting existing spreadsheets to a robust analytics hub. Key features.