The Finance Weekly

FEBRUARY 23, 2022

A study by the University of Baltimore and Excel-based FP&A company, , DataRails , lays out the full economic costs of businesses sticking with manually prepared financial reports. billion is the first number that came out of the research and this represents the total amount of money lost by manual financial work.

Financial Planning and Analysis (FP&A) 83

Financial Planning and Analysis (FP&A) Profit and Loss Budgeting Math 83

Spreadym

NOVEMBER 3, 2023

Financial planning typically includes the following key components: Setting Financial Goals: Identify and prioritize your short-term and long-term financial objectives, such as saving for retirement, buying a home, paying off debt, or funding your children's education. and "What are our financial goals?"

Planning 59

Planning Strategic Planning Budgeting Forecasting 59

The Finance Weekly

JANUARY 1, 2023

While this trend has been going on for quite some time, the pandemic, unstable supply chain, and rapidly changing inflation and economic conditions of 2022 have pushed people to take more control of their data. But FP&A software is a good upgrade no matter the economic conditions.

Finance 98

Finance Compliance Economics Prioritization 98

The Finance Weekly

MARCH 25, 2024

She led Oracle's transition to cloud computing which skyrocketed the company's industry status and has successfully guided Oracle through challenging economic periods. They also pitch in on major financial moves like mergers and fundraising. They guide department heads, help with budgeting, and analyze financial data to steer the ship.

CFO 97

CFO Finance Forecasting GAAP 97

CFO Share

APRIL 2, 2024

Churn and Transition Expense The turnover of an in-house finance manager not only disrupts operations, forecasting, and financial reporting; but also restarts the recruiting/hiring/training expense cycle. Whereas if your employee commits fraud, your insurance may not cover the loss.

CFO 52

CFO Finance Cost Analysis Forecasting 52

CFO Talks

MARCH 14, 2024

The position of Chief Financial Officer has evolved significantly over the past few decades. No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making. Delegation and Empowerment: No CFO can do it all alone.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

Centage

SEPTEMBER 5, 2023

The current economic climate is causing profound challenges for business owners across industries. Sophisticated FP&A software tools like Planning Maestro enable finance teams to automate routine tasks such as manual data entry, accelerating workflows and improving forecasting.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Benchmarking Valuation 52

VCFO

MAY 14, 2022

Elbert is a senior finance professional with nearly three decades of experience in financial reporting and analysis, banking and credit relationships, treasury-cash management, profit improvement, budgeting and forecasting, and e-commerce across multiple industries.

CFO 52

CFO Treasury Leadership Cash Management 52

Centage

MAY 23, 2022

The current economic circumstances haven’t just resulted in financial uncertainty for millions of Americans. They’ve also helped reveal the problems inherent in conventional budgeting methodologies. Read on to discover the benefits of rolling budgeting, rolling financial forecasting, and mid-year forecasts for your business.

Forecasting 98

Forecasting Financial Planning and Analysis (FP&A) Budgeting Data Analysis 98

Future CFO

DECEMBER 31, 2021

According to Gartner , finance leaders anticipate a greater percentage of their time will be spent in improving flexibility of budgeting & forecasting (58%), closely followed by developing digital skills (56%) and redefining employee value proposition in hybrid environments.

Leadership 98

Leadership Finance GAAP Forecasting 98

The Finance Weekly

JUNE 22, 2022

With a recession looming, many Fractional CFOs (FCFOs) are worried that they will lose their customers due to budget cuts. In addition, solid financial guidance is one of the keys to scaling a startup, and a Fractional CFO provides cost effective experience with a low level of commitment- exactly what young startups are looking for.

Financial Planning and Analysis (FP&A) 105

Financial Planning and Analysis (FP&A) Marketing CFO Startups 105

Centage

JUNE 21, 2022

For most businesses, the current economic circumstances – and looking at what may lay ahead – haven’t just resulted in financial uncertainty, it’s also brought to light the inherent challenges with using conventional budgeting methodologies to track and anticipate future business performance. The answer?

Forecasting 52

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

Future CFO

AUGUST 30, 2021

According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances. What makes for a sought-after chief finance professional (CFO)?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Problem Solving 52

Planful

JULY 27, 2017

The need to respond better to fast-changing economic and business conditions. Eliminate reliance on spreadsheets and email for financial planning and reporting processes. Streamline the annual budgeting process. Implement rolling forecasts to periodically update budget assumptions.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Budgeting Forecasting 40

Centage

JANUARY 17, 2023

As part of this process, the office of finance and department heads spend an immense amount of time creating, reviewing and approving the business’s budget for the fiscal year ahead – but it’s important that financial management doesn’t stop there. Budget vs Actual Statement – What It Is and What It Isn’t.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Planning Forecasting 98

Planful

JANUARY 11, 2022

And as the economic recovery continues and business operations slowly return to normal, the digital surge shows no signs of slowing down. Consistent with their 2018 forecast, McKinsey’s late 2020 study found that organizations that invested more in digital than their competitors were twice as likely to report outsize revenue growth.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40

BlueLight

JULY 30, 2020

Forward In the current economic crisis, business leaders from early-stage startups to large multinational corporations have had to make difficult decisions. The financial implication of these decision is critical and the CFO is the executive helping the CEO navigate these decisions. This task falls to the finance leader.” “The

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

Centage

OCTOBER 3, 2022

This accessible program can accomplish various tasks, such as financial forecasting and budgeting. If your business has used Excel for financial forecasting, you may have found some challenges with the program. However, there can be some disadvantages to using Excel for your company’s financial forecasting.

Forecasting 98

Forecasting Budgeting Data Analysis Financial Modeling 98

Michigan CFO

JULY 8, 2022

Financial Reporting. A CFO can create financial reports that simplify the bookkeeper or accountant numbers into informative metrics that a business owner can act upon. A CFO can create financial reports that simplify the bookkeeper or accountant numbers into informative metrics that a business owner can act upon.

CFO 40

CFO Forecasting Accounting Planning 40

Cube Software

MAY 11, 2023

Think of pro forma statements as a monetary crystal ball, a guiding financial forecast. The Securities and Exchange Commission (SEC) requires that discrepancies between pro forma and GAAP-compliant financial reports be explained when released to the public. How long would your business be able to continue operating?

GAAP 40

GAAP Financial Planning and Analysis (FP&A) Profit and Loss Accounting Principles 40

Centage

OCTOBER 3, 2022

This accessible program can accomplish various tasks, such as financial forecasting and budgeting. If your business has used Excel for financial forecasting, you may have found some challenges with the program. Why Businesses Use Spreadsheets for Financial Forecasting. Risk of Errors.

Forecasting 52

Forecasting Budgeting Data Analysis Financial Modeling 52

Centage

DECEMBER 21, 2022

This is especially concerning as we look ahead to another challenging year of economic uncertainty. It allows you to understand the impact of a change in a specific variable on your financial sheets. You can update your forecasts based on the analysis. Update rolling forecasts as required. Stress Test Your Budget.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Forecasting Budgeting 98

Spreadym

JULY 10, 2023

Adjustments are made to ensure that financial statements reflect the economic reality of the period being closed. The financial close process is crucial for ensuring accurate and reliable financial reporting. They facilitate collaboration, version control, and document sharing among team members.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

E78 Partners

AUGUST 1, 2023

This shortage is particularly pronounced in times of economic growth, when many companies are actively pursuing acquisition strategies to expand their market presence. Each target company may have unique financial reporting requirements, regulatory compliance, and industry-specific challenges.

Leverage 52

Leverage Financial Analysis Accounting Budgeting 52

Embark With Us

JANUARY 19, 2022

Or spreadsheets and budgeting. Financial Reporting. Markets move like lightning, so the faster your leadership can read the economic and operational tea leaves, the better. An abacus works great as long as you're counting bushels of wheat. The same goes for a business calculator and NPV calculations.

Accounting 98

Accounting Finance Data Analysis General Ledger 98