Generation CFO

FEBRUARY 4, 2022

I tend to steer away from using the word ‘transformation’” says Josh Weinberg, Head of Financial Systems and Change at Citizens Advice. . “In We’ve successfully implemented a new reporting, budgeting & forecasting tool and are now looking at the next systems change.” . Everyone has a role to play. Contact Us.

Financial Systems

Generation CFO

JANUARY 21, 2022

Bulent’s role involved leading a team driving financial and operation integrations as part of this acquisition, which was no easy feat. Financially transforming. The acquisition involved almost 2,000 employees across both companies. And they were.

Financial Systems

Future CFO

SEPTEMBER 26, 2024

According to non-profit research organisation APQC , when these systems are optimised and are able to produce reliable data that finance professionals and senior leaders trust, then automation can reduce the number of full-time equivalents (FTEs) needed in this area, even during busy seasons.

Forecasting

BlueLight

JUNE 2, 2020

For this piece, I’ll dive into a tactical analysis that is important to every CEO and CFO, the budget vs actual variance analysis. The variance is the difference between the budget and actual, typically expressed as a percentage difference or total cash difference. How should we adjust the forecast going forward?

Budgeting

Spreadym

JUNE 6, 2023

Financial forecasting refers to the process of estimating or predicting future financial outcomes and performance based on historical data, trends, and assumptions. Financial forecasting is a critical aspect of financial planning and decision-making for businesses, organizations, and individuals.

Forecasting

Centage

MAY 31, 2022

For truly effective forecasting, businesses and financial departments need to find new ways of assembling and analyzing data. The Need for Accurate Forecasting It’s no secret that accurate forecasting is essential in today’s complex economy. In fact, Centage’s survey revealed that improved reporting was the No.

Financial Planning and Analysis (FP&A)

Cube Software

SEPTEMBER 22, 2023

As a former 3x CFO, I've survived my fair share of budget seasons—and so has my colleague , Chris Ortega (fractional CFO and CEO of Fresh FP&A). From budget season horror stories to tales of success, Chris and I discussed it all in our recent webinar, Surviving Budget Season: 4 Proven Tactics for Finance Leaders.

Budgeting

Global Finance

OCTOBER 10, 2024

Bangladesh has suffered years of financial system dysfunctionality. Still, the full extent of the malfeasance of Hasina’s Awami League regime is set to emerge, as Mansur described the “designed robbery of the financial system” in a BBC interview given shortly after his appointment. in 2023 and is forecast to hit 5.8%

Benchmarking

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

Lime Light

NOVEMBER 17, 2024

Cube FP&A is a well-known financial planning and analysis (FP&A) tool that has gained popularity for its ability to streamline financial reporting, budgeting and forecasting processes.

Financial Planning and Analysis (FP&A)

Spreadym

JUNE 27, 2023

FP&A is a process used by organizations to develop and manage their financial plans and make informed decisions based on financial analysis. It involves forecasting, budgeting, analyzing, and reporting financial information to support strategic planning and operational decision-making.

Financial Planning and Analysis (FP&A)

The Finance Weekly

DECEMBER 20, 2023

Task Automation Workforce planning tools help streamline tasks by automating processes such as demand forecasting, supply analysis, and scenario planning. Board International ,, Board is a planning system designed to help FP&A and planning teams move away from using spreadsheets and transition to the Board software.

Financial Planning and Analysis (FP&A)

Adam Kae

JULY 17, 2023

In this blog post, we will explore key financial strategies that can help you effectively scale your agency and drive long-term success. From budgeting and forecasting to optimizing revenue streams, we'll cover essential considerations to empower your agency's growth journey.

CFO

The Finance Weekly

DECEMBER 20, 2023

Task Automation Workforce planning tools help streamline tasks by automating processes such as demand forecasting, supply analysis, and scenario planning. It helps manage financial and operational data, promotes teamwork, and offers instant insights for better decision-making. Offers a quick overview of the General Ledger.

Financial Planning and Analysis (FP&A)

Michigan CFO

JUNE 7, 2023

Virtual CFOs offer a range of financial services tailored to the specific needs of businesses. Virtual CFOs act as strategic partners, helping businesses navigate financial challenges and capitalize on opportunities. Budgeting: Virtual CFOs help businesses develop comprehensive budgets that align with their objectives.

CFO

Spreadym

MAY 15, 2023

FP&A (Financial Planning and Analysis) software is typically designed to meet the specific needs of finance professionals, CFOs, financial analysts, and other stakeholders involved in financial planning and analysis. Also, this process includes such activity as budgeting, forecasting and scenario modelling.

Financial Planning and Analysis (FP&A)

Onplan

NOVEMBER 30, 2022

Finance professionals and teams today have numerous solutions available to help them plan, budget, forecast, and analyze financial information. OnPlan is a financial modeling and forecasting tool built by financial planners and analysts. Budgeting and rolling forecasts, as well as what-if scenario planning.

Financial Planning and Analysis (FP&A)

Beacon CFO Plus

SEPTEMBER 27, 2023

These are just a few reasons to consider working with a seasoned part-time CFO as you launch your business: Financial Strategy and Planning: Startups often lack the financial expertise needed to develop sound strategies and plans for sustainable growth.

Startups

Planful

JANUARY 28, 2016

Due to being such a dynamic and high-growth industry, budgeting and forecasting is a challenging process. The webinar focuses on the difficulties that high-growth biotech companies face in the planning and forecasting process. The Challenges in the Biotech Industry. Complex legal requirements.

Financial Planning and Analysis (FP&A)

Planful

JULY 12, 2021

. “Finding ways to seamlessly integrate new technology that blends well with your existing business diagnostics and general financial system is key.” ” The ideal functions suited for financial planning automation are repetitive and rule-based. Provide Quick Forecasts for Better Decisions. The result?

Financial Planning and Analysis (FP&A)

Global Finance

SEPTEMBER 4, 2024

A study by Tobias Adrian at the IMF asked independent central banks what aspect of independence they believed is the most important, and 74% of them said their financial independence was even more important than operational independence. However, doing innovation sometimes means competing with the financial sector for people.

Banking

CFO Plans

AUGUST 9, 2024

By leveraging the expertise of seasoned financial professionals, companies can gain strategic insights without the overhead costs of a full-time CFO. For instance, a mid-sized manufacturing company saw a 15% increase in profitability within a year of engaging an outsourced CFO who streamlined their budgeting and forecasting processes.

Accounting

Future CFO

SEPTEMBER 14, 2020

Forecasting will also become more challenging because COVID-19 has introduced a lot of uncertainties. The truth of the matter is that COVID-19 is exposing gaps in current financial planning across the region. A lot of FP&A depends on this type of data for forecasting. But they will face immense challenges from the onset.

Financial Planning and Analysis (FP&A)

Planful

NOVEMBER 24, 2015

Putting Stress on Financial Systems. One of the biggest challenges may be in long overdue rehabilitation of their existing financial systems. There are several common problems with many of the accounting and financial systems in use today. Acquisitions often bring their diverse systems into the mix, too.

Accounting

CFO Plans

SEPTEMBER 24, 2024

However, with the advent of scalable accounting solutions, businesses of all sizes can streamline their financial operations and focus on growth. Imagine having a seamless financial system that not only saves you time but also propels your business forward.

Accounting

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

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. Leading by Example Consider a CFO who champions the adoption of a new cloud-based financial system.

CFO

Planful

MAY 4, 2017

This includes the historic actuals as well as forward-looking forecasts. If the new CFO finds issues in the financials, the recommended approach in CFO best practices is to reveal these quickly. This is especially true for CFO required skills in revenue forecasting.

CFO

The Charity CFO

JUNE 7, 2023

Essentially the focus on programs and results is dependent on the financial function. The Problem Unfortunately, when the financial system is not built for scale, it pulls the executive director into a position of spending time on financial minutiae. And so this year, we essentially had to write two budgets.”

Nonprofit

Global Finance

OCTOBER 11, 2024

The banks “failed as a result of a combination of unrealized interest rate losses from their long-term, fixed-rate assets and the loss of the low-rate deposits that had funded these assets,” Larry Wall, research center executive director of the Atlanta Fed’s Center for Financial Innovation and Stability, explained in a blog post.

Banking

Global Finance

OCTOBER 10, 2024

He adds that the bank has been acting on its forecasts more than on data, anticipating the trend. “In Capital Economics forecasts that the Dominican Republic’s GDP will expand at 4% in 2024, up from 2.3% The IMF forecasts 2024 GDP growth at 4.3% It is expected to perform similarly in 2024, when the forecast is 3.6%.

Economics

https://trustedcfosolutions.com/feed/

FEBRUARY 13, 2023

accounts receivable, accounts payable, payroll, inventory, and compliance); Managing cash flow; Creating budgets; Assessing risk; Ensuring that financial systems are efficient and running smoothly. On a daily basis, a controller’s duties include: Advising or assisting with the accounting process (i.e.

Accounts Payable

CFO Talks

MAY 13, 2025

When M&A Dreams Meet Budget Reality Why the Real M&A Value Lies in Your Hands When the board signs off on a merger or acquisition, the room is filled with optimism. M&A is not a trophy strategy – its a technical, financial, and operational grind. Synergies, growth, market share – all the usual buzzwords fly.

Mergers and Acquisitions (M&A)

E78 Partners

MARCH 7, 2025

As AI continues to shape financial strategy, its crucial to assess its impact on IT budgets and infrastructure. Companies leveraging AI-powered tools will gain deeper visibility into their financial health, allowing them to make more informed decisions and reduce unnecessary expenditures.

Technology