Centage

JANUARY 10, 2024

Effective financial management is crucial for multi-location businesses as they strive to balance expansion strategies while tightening cost controls, mitigating risk, and optimizing operational efficiency. Here are some tips on how to leverage dedicated FP&A software to deal with the challenges of multi-entity financial management.

Budgeting 52

Budgeting Financial Reporting CFO Finance 52

Planful

MARCH 18, 2019

The financial reporting manager must be able to clearly explain specific financial concepts at a high level for busy executives. FP&A teams can do so by leveraging these four essential types of financial reports techniques. Department Budget vs. Actual Reports.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Financial Reporting Cash Flow Forecasting Budgeting 40

Centage

NOVEMBER 22, 2023

Why consolidating multiple P&L statements in Excel is challenging and costly While the benefits of managing multiple P&L statements across an organization are clear, so are the problems this process introduces — especially when the finance team is stuck in a decades-old, spreadsheet-only budgeting methodology.

Profit and Loss 52

Profit and Loss Budgeting GAAP Financial Reporting 52

Michigan CFO

JUNE 7, 2023

Understanding the Role of a CFO A CFO is a high-level executive responsible for overseeing the financial activities of an organization. Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team. What Do Virtual CFOs Do?

CFO 52

CFO Problem Solving Budgeting Communication 52

Adam Kae

JULY 17, 2023

As a Chief Financial Officer (AKA ChiefFUNancial Officer) for digital marketing agencies, CFOAdam plays a vital role in ensuring the financial health and growth of your organization. In this blog post, we will explore key financial strategies that can help you effectively scale your agency and drive long-term success.

CFO 52

CFO Marketing Cash Flow Forecasting Budgeting 52

The Charity CFO

APRIL 18, 2024

Try these strategies to help your organization maintain financial stability in 2024 and beyond: Diversify your revenue streams with new programs, donation initiatives, and fundraising events–so long as you can implement them efficiently. Review your nonprofit budget and cash flow data to find areas for improvement. Get the free guide!

Nonprofit 52

Nonprofit Compliance CFO Leverage 52

The Charity CFO

AUGUST 2, 2023

Sarah is a seasoned leader in the nonprofit sector, leverages over 18 years of experience to guide organizations towards success. Specifically about how nonprofit organizations can handle budgeting for the next fiscal year. However, when it comes to budgets, they’re merely a projection and not necessarily a reality.

Nonprofit 52

Nonprofit Budgeting CFO Strategic Planning 52

Lime Light

AUGUST 14, 2023

Companies must maximize the profitability and ensure they maintain a strong debt to equity ratio and positive overall financial health. To do so, manufacturers require budgeting and planning software that can manage both financial and operational information and give executives the confidence they need to make data-backed decisions.

Manufacturing 40

Manufacturing Budgeting Forecasting Leverage 40

Lime Light

AUGUST 14, 2023

Companies must maximize the profitability and ensure they maintain a strong debt to equity ratio and positive overall financial health. To do so, manufacturers require budgeting and planning software that can manage both financial and operational information and give executives the confidence they need to make data-backed decisions.

Manufacturing 40

Manufacturing Budgeting Forecasting Leverage 40

Collectiv

JUNE 13, 2023

Let’s look at three ways to leverage Power BI for nonprofits so you can use your data effectively. When any organization leverages data, it must be reliable. As a result, you can be confident that the data you’re sharing with your community or leveraging to create change is as accurate as possible.

Nonprofit 52

Nonprofit Leverage Budgeting Analyzing Data 52

Future CFO

MAY 2, 2024

The majority of global practitioners also attest to the value in reporting, with 88% agreeing that having a strong ESG reporting programme will give their organisation a competitive advantage.

Compliance 52

Compliance Auditing Budgeting Leverage 52

The Charity CFO

MARCH 22, 2024

Leveraging data for strategic decision-making has many benefits–from improving your efficiency to increasing the success rate of campaigns or strategies. Leveraging Data in Nonprofit Leadership How can you use data effectively as a nonprofit leader? Check out these tips for leveraging data as a nonprofit leader.

Nonprofit 52

Nonprofit Leadership Benchmarking Leverage 52

The Charity CFO

JUNE 7, 2023

Statement of Activities Financial Uses Assessing Revenue Sources : Analyze the various revenue sources of a nonprofit, such as donations, grants, program fees, and investment income. This information is crucial for financial planning, budgeting, and identifying potential areas of revenue growth. accounts payable, loans).

Nonprofit 52

Nonprofit Accounts Payable Budgeting Strategic Planning 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.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

CFO Talks

FEBRUARY 9, 2024

Historically, CFOs have been primarily responsible for financial reporting, budgeting, and compliance. Furthermore, CFOs can leverage technology to facilitate cross-functional collaboration. Let’s delve into how CFOs can spearhead this transformation and lead their teams to new heights of success.

Communication 52

Communication Leadership CFO Budgeting 52

Spreadym

JUNE 27, 2023

What is Financial Planning and Analysis or FP&A? FP&A is a process used by organizations to develop and manage their financial plans and make informed decisions based on financial analysis. What is Financial Planning and Analysis? The primary objectives of FP&A.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

FEBRUARY 21, 2024

This approach not only revolutionizes financial processes like reporting, budgeting, and forecasting but also significantly reduces the IT department's workload. This feature addresses one of the biggest challenges in financial reporting and analysis: the siloed nature of data across different platforms.

Finance 40

Finance Benchmarking Data Analysis Leverage 40

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

CFO Talks

MARCH 19, 2024

Identifying Strategic Priorities The process begins with a thorough analysis of the current financial landscape and an evaluation of emerging technologies, like AI, that can significantly enhance operational efficiencies. Investing Time and Resources Commitment is also measured in terms of resource allocation.

CFO 52

CFO Communication Finance Budgeting 52

The Charity CFO

AUGUST 15, 2023

Accountants deserve positions that leverage technology to improve the department and the organization and when they don’t get that, it creates a challenge. Budgeting and Planning Budgeting and planning are two essential aspects of a nonprofit accounting system. Audits Nonprofits are not exempt from audits.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

E78 Partners

MARCH 23, 2023

Often, you find yourself wearing multiple hats – managing cash flow, budgets, compliance, and more. When you outsource to a reputable firm, you can be confident that your data is being handled by experts who are familiar with the latest security protocols and leveraging best in class systems and platforms.

Accounting 52

Accounting Finance Budgeting Securities 52

The Finance Weekly

JANUARY 31, 2022

Activity-based costing can be used to calculate the cost of each activity for budgeting and financial reporting, so it will be easy for the FP&A function to measure the performance of each business function against these activities as this will help the organization to streamline their operations.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leadership IFRS Budgeting 52

The Charity CFO

NOVEMBER 20, 2023

Not only does the educational opportunity exist to share with them why Giving Tuesday is significant, but also the ability to leverage networks can act as one of the most powerful tools. Do You Struggle to Make Sense of Your Financial Statements? Involving key stakeholders and board members can help with collecting donations as well.

Nonprofit 52

Nonprofit Problem Solving Education CFO 52

CFO Talks

JUNE 7, 2022

The Steward must ensure company compliance with financial reporting and control requirements. Competencies include: Working knowledge of risk management, budget, and forecasting tools. Steward Role & Competencies: Accounting, control, risk management and asset preservation are the proficiencies of the Steward.

CFO 52

CFO IFRS Leadership Risk Management 52

Future CFO

MARCH 1, 2023

Gartner says finance transformation encompasses strategic initiatives designed to revolutionise the way the corporate finance function manages its strategy, processes, internal controls, and financial reporting. This means overstated or inaccurate expenses are even harder to detect , putting companies at risk of fraud.

Finance 91

Finance Benchmarking Compliance SAP 91

PYMNTS

APRIL 19, 2017

Independent and unsigned musicians typically fund new projects and tours out of pocket, leveraging credit cards or personal bank loans for capital. And since TuneCore already has the musician’s information, leveraging the new product isn’t as time intensive as other financing processes. But this is not a loan.

Leverage 40

Leverage Budgeting Forecasting Banking 40

Spreadym

AUGUST 10, 2023

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have. What is financial reporting software?

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards 52

Fpanda Club

FEBRUARY 1, 2021

Though some activities, such as financial reporting, budgeting and forecasting are periodic, they are always characterized by tough deadlines to be respected. Working with large data sets, making complex calculations and logical conclusions should not be an issue for you. Resilience to stress and ability to work under pressure.

Finance 130

Finance CFO Communication Prioritization 130

PYMNTS

OCTOBER 29, 2018

“They actually look to the CIO for ways to improve their own function, and are using the CIO to bring knowledge and skills that can be leveraged by finance.” Yet, 44 percent of financial chiefs expect to use advanced analytics for financial reporting in three years time, making it the most popular target for the technology.

CFO 58

CFO Corporate Finance Finance Risk Management 58

Planful

AUGUST 23, 2016

Leverage investments in ERP and other systems – Cloud-based EPM software is a great complement to existing ERP systems , whether they are deployed on-premises or in the cloud. I’m not saying that corporate budgeting, planning, forecasting, and reporting aren’t important processes – these are certainly critical to the business.

Value-Added Analysis 40

Value-Added Analysis Budgeting Forecasting Leverage 40

Planful

FEBRUARY 24, 2016

CFOs need to embrace integrated financial planning, while leveraging emerging technologies into the planning process. With the help of technology, businesses can speed up the budgeting cycle, free up resources, create up-to-date forecasts, and reduce the potential for error. Keeping Up with Growing Data.

Planning 40

Planning Forecasting Leverage Budgeting 40

PYMNTS

OCTOBER 30, 2020

Businesses also prioritize having up-to-date financial status data that will enable them to carefully oversee liquidity across all their various bank accounts and to make accurate decisions. We’ve had conversations with businesses that want to understand, ‘OK, if I get a real-time payment at 1 a.m.

B2B 59

B2B Economics Banking Prioritization 59

Future CFO

JUNE 10, 2020

The role includes leading, directing and managing the finance team, advising on business and financial planning, providing strategic recommendations to the chief executive officer and the executive management team, and of course, managing the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting.

CFO 52

CFO Finance Forecasting Leadership 52

Planful

AUGUST 30, 2016

28% – Use of Big Data or Non-Financial Data. 25% – Zero Based Budgeting. When asked about their top EPM system priorities, 55% of respondents indicated Planning and Budgeting. This was followed closely by Financial Reporting and Disclosure (48%, but 56% in mid-sized companies), then Analytics (38%).

Finance 40

Finance Budgeting Forecasting Planning 40

Spreadym

SEPTEMBER 27, 2023

Spreadym offers a wide range of analysis tools, like plan vs. actual analysis, financial consolidation, budgeting, forecasting and a variety of stored versions of a document. Oracle Hyperion Planning: Oracle's CPM software is known for its robust financial planning and budgeting capabilities.

SAP 59

SAP Budgeting Forecasting Auditing 59

Spreadym

NOVEMBER 16, 2023

The best features of FP&A software often include: Budgeting and Forecasting: These features allow organizations to create detailed budgets, forecasts, and financial plans. Users can input data, make adjustments, and project future financial scenarios.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Planning Budgeting Financial Modeling 59

Planful

DECEMBER 28, 2016

This includes finalizing the budget as well as considerations for upcoming regulatory changes. Technology should be leveraged as an enabler of an improved process, not the answer in itself. Pre-planning and preparation make it possible to close out 2016 strong and head into the new year with confidence.

Benchmarking 40

Benchmarking Reconciliations Data Analysis Technology 40