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

Centage

DECEMBER 1, 2021

If your board asked you to run new numbers based on fresh assumptions, it took you days or weeks to create a new set of reports. But times have changed – which is why financial forecasting is more important than your annual budget. Finance at the Speed of Business. Watch Demo.

Forecasting

CFO Simplified

NOVEMBER 14, 2022

Develop a cash flow forecast — I hope that you’re not running your company by checkbook. Understanding your staff utilization will ensure that you have the right number of people for your sales and operational activities. If you are, that’s another problem that we need to discuss. Too much staff, you’re wasting money.

Cash Flow Forecasting

CFO Simplified

JUNE 1, 2023

Most business owners get financial reports monthly: Profit and Loss, Balance Sheet, Statement of Cash Flows. Some look at them in detail, and others look at a couple of distinct numbers. The problem is, those monthly reports show your financial performance in the past — what has already occurred in your business.

Cash Flow Forecasting

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

Michigan CFO

MAY 27, 2025

More Than Just Numbers When TK Mold brought on Dennis Weist from Michigan CFO Associates, the ensuing changes went far beyond financial reporting. It began with tightening up financial visibility ensuring the books were accurate, current, and structured to better inform meaningful action and decision-making.

Cash Flow Forecasting

Trade Credit & Liquidity Management

MAY 8, 2025

St" vs "Street") can disrupt reporting, segmentation, and synchronization with billing or CRM tools. Missing firmographic data: Without standardized legal names, D-U-N-S numbers, industry codes, or parent/child relationships, it’s hard to manage credit exposure or report by customer segment.

Finance

Centage

SEPTEMBER 6, 2022

As organizations expand, they will need to rely on more complex reporting functions. Unfortunately, Excel has very defined limits that can make it challenging for businesses to publish their financial reports more quickly and efficiently. Faster publishing for financial reports and dashboards. Sensitivity analysis.

Securities

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

Spreadym

JUNE 19, 2023

It involves monitoring, analyzing, and optimizing the flow of cash into and out of an entity to ensure the availability of sufficient funds for operations, expenses, and future growth. This forecast serves as a baseline for monitoring and planning your cash flow. monthly, quarterly, or annually).

Cash Flow Forecasting

The Finance Weekly

JULY 19, 2022

FP&A teams are responsible for a variety of activities, including periodic financial close and consolidations, strategic and annual planning, monthly forecasting, cash flow forecasting, financial reporting, financial modeling, and what-if scenario planning and analysis.

Financial Planning and Analysis (FP&A)

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. Accounting firms that specialize in nonprofits can help your organization with financial management and reporting.

Nonprofit

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

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

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

Centage

JUNE 21, 2022

Rolling budgets come with a number of advantages, including the ability to better predict outcomes and plan for where your company is headed. Plan Ahead with a Rolling Forecast Like rolling budgets, rolling forecasts provide companies with future numbers for use in planning and management.

Forecasting

Creative CFP

OCTOBER 2, 2020

NOW I HAVE TIME TO DO WHAT ACTUALLY MATTERS Since the routine tasks are taken care of with cloud accounting and I know that the financial integrity is of a high standard, I can now focus on monitoring the financial health of businesses I look after and providing regular and valuable feedback to business owners.

Accounting