E78 Partners

NOVEMBER 2, 2023

The role of a CFO in middle and lower middle market private equity-backed companies is challenging, especially when you may be the first CFO in the company’s history. excess cash flow provisions, revolver availability, need for deposit control agreements, etc.) and how the order to cash cycle works.

Marketing 52

Marketing CFO Communication Finance 52

Future CFO

FEBRUARY 28, 2023

Winners of FutureCFO Excellence Awards 2023 in different categories Leadership Practice Awards CFO of the Year: Tay Siang Leng - QBE Asia Controller of the Year: Ravishankar Ambalaparambil - Hindustan Unilever Limited FP&A Lead of the Year: Nobuaki Hojo - SAP Australia Pty Ltd.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Leadership SAP 52

Future CFO

SEPTEMBER 20, 2023

The current model of tackling cash management services needs an overhaul, said Jeroen Hölscher, Global Head of Payments Services at Capgemini. Corporate executives are feeling the pressure from mounting inefficiencies across lengthy cash conversion cycles, he pointed out. At a regional level, digital payments will grow by 19.8%

Cash Management 52

Cash Management Treasury Credit Risk Compliance 52

The Charity CFO

JUNE 7, 2023

Is this just a necessary evil just to meet compliance requirements , and make sure there’s enough cash in the bank? By examining the cash flows related to investing activities, it helps assess the organization’s ability to fund capital projects, acquire assets, and allocate resources strategically. Get the free guide!

Nonprofit 52

Nonprofit Accounts Payable Budgeting Strategic Planning 52

Future CFO

MAY 26, 2022

There will be intercompany transactions that happen between them, and it gets very complex when businesses are international – whether it's regulation or taxation, foreign exchange rates, or compliance. You're talking about the parent company with 50 CFOs running 50 entities for example."

Mergers and Acquisitions (M&A) 98

Mergers and Acquisitions (M&A) Accounting Foreign Exchange Compliance 98

Future CFO

FEBRUARY 13, 2023

Having an experienced succession of crises since the beginning of 2020, FutureCFO asked two finance leaders their views on the challenges facing treasury and cash management during the pandemic and coming out of it. What is the biggest change to the Treasury and Cash Management (TCM) function brought about by the pandemic?

Treasury 98

Treasury Cash Management Restructuring Accounts Payable 98

CFO Share

MARCH 15, 2024

But for the typical small business owner with little more than an admin to assist, strong cash flow may feel like a fantasy. But with the right bookkeeping processes, you can boost cash management and breathe a sigh of relief. What is Cash Flow in Bookkeeping? Cash flow, simply put, is your business’s heartbeat.

Invoicing 52

Invoicing Cash Management Compliance Finance 52

CFO Simplified

MARCH 11, 2024

And we also see the opposite, where a CFO has the title of CFO/Office Manager, and is even relegated to ordering office supplies. Financial Management: Many lawyers lack formal training in financial management, which can lead to challenges in budgeting, cash flow management, and understanding profitability.

Profit and Loss 52

Profit and Loss CFO Risk Management Invoicing 52

Future CFO

SEPTEMBER 29, 2022

“CFOs have little control over inflation itself, but it adds cost pressure that they must navigate their businesses through,” says Alexander Bant , practice vice president of finance at Gartner. This is something that the CFO did not have at their disposal as we went through the last few economic downturns. Chris Huff. "On

CFO 52

CFO Finance Budgeting Auditing 52

Future CFO

JUNE 16, 2021

Organizations that adopt accounts payable (AP) automation can experience significant benefits including greater control over cash management, reduction in processing costs, fraud mitigation and improved compliance. This white paper examines recent findings from several independent business analysis companies.

Accounts Payable 52

Accounts Payable Accounting Finance Cash Management 52

Future CFO

AUGUST 24, 2020

At the time of this crisis, where uncertainty takes centre stage, organisations are looking at the CFO to ensure business continuity. There’s an expectation from technology to have agile sourcing models, new supplier risk, maintain trade compliance and assess impact of duties and tariffs. You can find his bio below.

SAP 40

SAP Treasury CFO Credit Risk 40

Boston Startup CFO

APRIL 3, 2023

Additionally, you open yourself up to compliance and audit issues, and you’ll potentially decrease your chances of securing funding and financing. Adopting innovative solutions tailored to industry-specific accounting needs will streamline operations and enhance compliance and decision-making capabilities.

Accounting 52

Accounting Accounting Principles GAAP Compliance 52

CFO Simplified

OCTOBER 10, 2023

For example, your need for a line of credit to help fund your growth, or for different cash management services. They will judge your company’s performance based on profitability, cash flow, debt service, tangible net worth. The post The Fear of Changing Banks appeared first on CFO Simplified.

Banking 52

Banking Cash Flow Forecasting Forecasting Treasury 52

Future CFO

DECEMBER 11, 2023

Why real-time payment matters to the CFO The 2023 U.S. Bank CFO Insights Report revealed that among 1,400 senior finance professionals in the US, cost control within the finance function and across the entire business ranked as the top priorities in 2023. The payment landscape is no exception.

Banking 98

Banking Finance CFO Leverage 98

CFO Leadership

JANUARY 5, 2024

More than 80 countries already require it, per tax compliance provider Avalara, and other areas, including the European Union, have plans for broad adoption. A foundation of effective prognostication lies in strong cash management. The post The CFO Agenda: 5 Areas to Focus on in 2024 first appeared on CFO Leadership.

CFO 97

CFO Invoicing Leadership Cash Management 97

BlueLight

JULY 16, 2020

These businesses ranged from seed stage companies where the CEO was the finance leader to growth stage companies with an in-house CFO. I caught up with Sandeep Shroff, Co-Founder and CEO of myStartUpCFO , an accounting firm that provides on-demand full-stack CFO services for startups. Startups often leave bookkeeping tasks with us.

Startups 52

Startups CFO Reconciliations General Ledger 52

Boston Startup CFO

OCTOBER 29, 2012

CFO: If your company has closed a seed round of funding or is earning more than $250K per year, you need a CFO to handle your financial strategy and run your accounting team. Even if you’re not yet funded or earning significant revenue, you may still be in need of CFO services.

Startups 52

Startups Mergers and Acquisitions (M&A) CFO GAAP 52

Future CFO

FEBRUARY 10, 2021

The lively discussion highlighted the rising value of data in the CFO organization, the humanization of the role, and how CFO teams are becoming business partners. In the closing remarks, Workday’s Tan (Lee Thong) noted that while technology adoption among CFO teams accelerated, there are still some critical challenges ahead.

CFO 52

CFO Finance Auditing Treasury 52

Future CFO

MARCH 27, 2022

Liao is the recipient of the FutureCFO Excellence Awards 2022 in the category of CFO of the Year. People sense sincerity, and they could sense if you are competent or just faking it.”. Editor’s note: Ms Joweehlyn B. The post Finance leadership in the COVID era appeared first on FutureCFO.

Leadership 98

Leadership Finance CFO Retail 98

CFO Leadership

JANUARY 8, 2024

More than 80 countries already require it, per tax compliance provider Avalara, and other areas, including the European Union, have plans for broad adoption. A foundation of effective prognostication lies in strong cash management. The post TEST The CFO Agenda: 5 Areas to Focus on in 2024 first appeared on CFO Leadership.

CFO 52

CFO Invoicing Leadership Cash Management 52

CFO Leadership

JANUARY 25, 2024

More than 80 countries already require it, per tax compliance provider Avalara, and other areas, including the European Union, have plans for broad adoption. A foundation of effective prognostication lies in strong cash management. About Oracle NetSuite NetSuite has everything you need to grow, all in one place.

CFO 52

CFO Invoicing Cash Management Forecasting 52

Future CFO

JULY 16, 2020

It also predicts that all best-in-class procure-to-pay packages will include integrated chatbots and virtual assistants to further simplify and streamline procurement while increasing security and compliance. Cognitive automation enables traditional RPA to process and analyse unstructured and semi-structured data.

Compliance 52

Compliance Securities Technology Cash Management 52

PYMNTS

AUGUST 18, 2017

Israch said that tasks as far ranging as supplier management, invoice processing and regulatory compliance can be managed through Tiaplti’s AP Hub. CMO Rob Israch describes the AP Hub as a central place where every aspect of payments is brought into one central cloud-based location. and overseas.”.

Accounts Payable 46

Accounts Payable Invoicing Compliance Auditing 46

Future CFO

APRIL 21, 2021

The new accounts payable department has a more intense focus on cash flow and payment terms and takes a more disciplined approach to its financial processes to work toward optimising the cash conversion cycle. Improving supplier management and relations. The quickest, easiest and most secure way to pay suppliers is electronic.

Accounts Payable 40

Accounts Payable Accounting Invoicing Finance 40

Future CFO

MARCH 29, 2021

Additionally, documents that are sitting inside emails or at desks may be exposing companies to compliance issues if they are not properly archived or stored. They are unable to see the liability they have presenting a big problem in their financial and liquidity forecasting.

Accounts Payable 52

Accounts Payable Accounting SAP Invoicing 52

Bramasol

NOVEMBER 13, 2023

For example, at Bramasol we made a decision over a decade ago to focus on SAP finance solutions for the office of the CFO, with a specific emphasis on the new revenue recognition compliance requirements in ASC 606 and IFRS 15. For more on alternative approaches, read the next section.)

SAP 77

SAP General Ledger IFRS Compliance 77

CFO Leadership

MARCH 31, 2022

They struggle to keep an overview on their cash and risk positions. A professional cash management solution can help to overcome these challenges. In the dark about global cash? They need global structures, processes and policies that facilitate efficiency, visibility, control, security, and compliance.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

Future CFO

APRIL 7, 2022

As a SaaS-based platform, SAP Concur connects expense, travel and vendor invoice spending in one system providing a single way to manage spending from end to end for greater visibility into transactions, improve compliance, and simplify the process for everyone – finance and employees. Lee Chee Leong.

Finance 98

Finance SAP Leadership Cash Management 98

Future CFO

JANUARY 30, 2020

Disruption is now an expected course of business, yet traditional planning remains slow, error-prone, and fragmented. Adopting finance best practices such as driver-based planning, rolling forecasts, and zero-based budgeting can be difficult with manual processes and legacy toolsets. Accessing FutureCFO Premium Content.

Finance 40

Finance Budgeting Forecasting Planning 40

Future CFO

JANUARY 30, 2020

“As soon as we launch a new product, we need to know what we need in terms of salespeople, admin staff, or marketing resources to achieve the objectives we’ve defined,” says Moritz Knorr , data strategist at AXA Germany’s Data Innovation Lab, explaining one goal of its project—dubbed “AXAPLAN”—to implement the Anaplan platform.

Finance 40

Finance Planning Accounting Cash Management 40

Future CFO

JANUARY 30, 2020

Anaplan commissioned Forrester Consulting to conduct a Total Economic Impact (TEI) study and examine the potential return on investment (ROI) enterprises may realize by deploying Anaplan’s enterprise planning platform.

Economics 40

Economics Investments Planning Accounting 40

CFO News Room

DECEMBER 26, 2022

Another immediate way that advisors can help ease the impact of inflation for clients is to create a cash management strategy (i.e., And when a firm reaches a certain size, the sheer number of tasks to complete can become overwhelming for a single individual.

Planning 130

Planning Benchmarking Profit and Loss Communication 130

PYMNTS

AUGUST 22, 2017

“Historically, over the past several decades, banks have been very focused on payment execution — in its simplest form, moving money from Point A to Point B as efficiently and as transparently as they can, within all of the regulatory and compliance confines they need to,” the executive said. There’s no doubt about it,” Miller said.

Accounting 43

Accounting Banking Invoicing B2B 43

Onplan

NOVEMBER 30, 2022

The Basic level offers essential modeling and planning features, while the Professional and Enterprise plans offer additional security and compliance features, like Audits and App Lifecycle Management. Automated reporting also enforces compliance with GAAP and IFRS standards. Key features.

Financial Planning and Analysis (FP&A) 52

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

CFO News Room

NOVEMBER 5, 2022

Notably, while an office of supervisory jurisdiction is subject to an annual inspection by the parent brokerage, the new RSLs would only be subject to examination once every three years (reducing the compliance burden on the brokerages, as a growing number of RSLs would expand the number of locations requiring inspections).

Mergers and Acquisitions (M&A) 130

Mergers and Acquisitions (M&A) Profit and Loss Investments Valuation 130

CFO News Room

NOVEMBER 19, 2022

cash management programs ). The new custodial offering could attract advisors looking for a more integrated technology experience – particularly amongst the independent broker-dealers where Envestnet has deep market penetration already – while also providing Envestnet with more revenue-generating opportunities as a custodian (e.g.,

Planning 130

Planning Leadership Healthcare Accounting 130