CFO Simplified

NOVEMBER 21, 2022

At the end of each month, you can reconcile the account by categorizing all the expenses and then making a journal entry to debit the relevant expense account and credit petty cash. President of CFO Simplified, Larry Chester , explained in detail how to do petty cash the right way. What is Petty Cash?

General Ledger 98

General Ledger Reconciliations CFO Accounting 98

PYMNTS

FEBRUARY 1, 2021

Rather, Sinha explained, corporate treasurers and CFOs today are grappling with evolving business models and transforming cash management strategies. Sinha said today’s CFO should focus on how to access, interpret and monetize data. The Transformative Power Of Data. And we can see that data goldrush is omnipresent.

B2B 94

B2B Treasury Accounts Payable Cash Management 94

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? Using simple tools, such as spreadsheets , or disparate solutions to manage complex operations leads to inefficiencies and errors.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

CFO Simplified

APRIL 8, 2022

Bring Value through CFO Insights. Take the three primary cash responsibilities—accounts payable, accounts receivable, and payroll—and cross train others so that they can take over if needed. Provide close oversight of cash operations: New vendors should be approved by management. Cash Management.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Reconciliations Forecasting 52

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

PYMNTS

OCTOBER 19, 2016

. “The biggest challenge, in fact, is the matching between the data the treasurer is forecasting with the bookings through the main channel that treasurers and CFOs are facing,” Rahal said. “Your cash forecasting is really accurate — it will be almost 100 percent accurate — and that’s the future.”

Forecasting 77

Forecasting Cash Flow Forecasting Reconciliations Invoicing 77

Future CFO

APRIL 7, 2022

“It’s more than just streamlining financial processes and cash management, it’s seeing the bigger picture of how it can generate growth,” says Jenji’s Leong. This difference also makes payment reconciliation more complicated from an accounting standpoint (e.g., banking fees).

Finance 98

Finance SAP Leadership Cash Management 98