CFO Simplified

FEBRUARY 17, 2022

Growth can come from a number of different approaches – new product lines, an acquisition, new channel of distribution. Be pragmatic, and make sure that the numbers make sense. Conduct a cash flow analysis to verify how much money was spent and where it went. Financial Reporting. Recommendations.

Profit and Loss 52

Profit and Loss Cash Flow Forecasting CFO Financial Reporting 52

PYMNTS

NOVEMBER 28, 2017

According to Kurt Rathmann, CEO and founder of SMB accounting firm ScaleFactor , the month-end close may be the traditional way of doing things, but it forces small business owners to examine data that, by the time a financial report is completed, is too old to be of much use. “The news is about 30 days old at best.”

Financial Reporting 45

Financial Reporting Accounting Benchmarking Forecasting 45

CFO Simplified

FEBRUARY 17, 2022

Bring Value through CFO Insights: Like any forecasting tool, proper budgeting allows management to make decisions that can help the company avoid future problems. Budgeting is a process that may result in multiple iterations before the resulting numbers are acceptable. Develop a cash flow forecast. Recommendations.

Budgeting 52

Budgeting Cash Flow Forecasting Profit and Loss CFO 52

PYMNTS

MARCH 4, 2020

It’s a result, explained Gillette, of the legacy ERP no longer being suited to address the full range of businesses’ diverse financial and process management needs. He pointed to financial reporting as one example of this shift.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

The Charity CFO

JUNE 10, 2022

Your finance committee spends the most time analyzing and studying your nonprofit’s numbers, yet your entire board of directors is responsible for financial oversight. Don’t leave the financial statement review to a consent agenda, given how significant financial oversight is to the overall board members’ job description.

Nonprofit 52

Nonprofit Finance Strategic Planning Cash Flow Forecasting 52

Creative CFP

NOVEMBER 2, 2020

The cash flow statement is the final piece of the puzzle when it comes to the monthly management reports that we prepare here at Creative CFO. This is without a doubt one of the most important and often overlooked financial reports within the monthly report pack. Always have an up-to-date cash flow forecast.

Profit and Loss 52

Profit and Loss Cash Flow Forecasting Invoicing CFO 52

Creative CFP

OCTOBER 2, 2020

I never had time for the exciting things, like forecasting and presenting valuable business insights to business owners and helping them to grow their business. I am now able to improve financial reporting and be innovative with bringing the business numbers to life so business owners can make better decisions.

Accounting 52

Accounting Finance Cash Flow Forecasting General Ledger 52

Centage

JUNE 21, 2022

Implementing rolling budgeting, rolling financial forecasting, and mid-year forecasts. Rolling budgets come with a number of advantages, including the ability to better predict outcomes and plan for where your company is headed. With a rolling 12-month forecast, previous months drop off as new ones are added.

Forecasting 52

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

Centage

SEPTEMBER 6, 2022

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. With its widespread use, some businesses may see Excel as their only solution for corporate financial planning.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

The Finance Weekly

OCTOBER 27, 2022

The horrors are real when it comes to financial reporting. The worst part is that without the proper technology to help streamline and integrate financial reporting processes, your business will continue to have cascading errors, which will eventually result in the worst of all horrors: performance bottlenecking.

Financial Reporting 52

Financial Reporting Finance Cash Flow Forecasting Forecasting 52

Centage

SEPTEMBER 6, 2022

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. So, why are so many companies relying on them to handle their financial needs? Forecasting. Spotting trends. Lack of Security Features.

Securities 52

Securities Cash Flow Forecasting Budgeting Forecasting 52

CFO Simplified

APRIL 8, 2022

He didn’t understand where the cash was going. Develop a cash flow forecast, identifying cash to be received and cash expenditures each week. Match the forecast to actuals on a weekly basis. Pay the owner a pre-determined amount of cash as a regular draw, whenever the employees get paid.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Reconciliations CFO 52

The Finance Weekly

JULY 19, 2022

FP&A software assists CFOs, finance leaders, and FP&A experts in ensuring the financial health of their organization by tracking and analyzing current outcomes and forecasting future performance. Planful is a cloud-based financial planning and analysis software platform that focuses on continuous planning.

Financial Planning and Analysis (FP&A) 96

Financial Planning and Analysis (FP&A) Budgeting Forecasting Finance 96

The Charity CFO

APRIL 28, 2023

This system should then be able to support your organization in maintaining accurate records of each fund, tracking revenue and expenses, and preparing financial reports that show how each fund is performing. These reports can help you make informed decisions and identify areas for improvement.

Nonprofit 52

Nonprofit Accounting Firms Accounting Auditing 52