The Finance Weekly

JANUARY 18, 2024

The traditional definition of a CFO is that he or she is the senior manager of all things financial for a company or corporation. The CFO monitors the company’s cash flow, analyzes its financial health, suggests recommendations for possible improvement, and oversees the company’s financial accounting, including timely and accurate reporting.

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CFO Communication Leadership Concentration 52

CFO Talks

MARCH 13, 2024

Assuming the position of Chief Financial Officer (CFO) in a new company is a pivotal moment in any finance executive’s career. Today’s CEOs expect their CFOs to be strategic visionaries, business partners, effective communicators, and creators of value. The paperwork can wait for after-hours or weekends.

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Prioritization CFO Communication Restructuring 40

CFO Strategic Partners

OCTOBER 21, 2021

Securing new talent that propels the organizations forward When several clients experienced unexpected turnover on the CFO level, each of them reached out to CFO Strategic Partners for guidance. We ensured the accounting and finance team was communicated with throughout the transition. Our work was a success! We can help.

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CFO Leadership Prioritization Education 52

CFO Talks

MARCH 14, 2024

Beyond the Basics: 7 Key Focus Areas for New CFOs 1. Introduction to the Evolving Role of the CFO In our previous discussion, we outlined the critical first steps a newly appointed CFO should take to establish a solid foundation within their organization. Delegation and Empowerment: No CFO can do it all alone.

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Prioritization CFO Leverage Risk Management 52

Spreadym

AUGUST 17, 2023

They play a crucial role in improving transparency, communication, and collaboration among teams by providing a centralized platform for accessing and interpreting financial data. Determine the specific financial metrics, performance indicators, and insights that the CFO needs to monitor regularly.

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Financial Reporting CFO Cash Flow Forecasting Budgeting 52

CFO Network

MARCH 18, 2024

Yet, reputable outsourced accounting firms prioritize data protection , implementing stringent security measures and confidentiality protocols to safeguard client information. Effective Communication: Overcoming Barriers in Outsourcing Communication breakdowns pose another hurdle in outsourcing accounting services.

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Accounting Prioritization Communication Construction 52

The Finance Weekly

DECEMBER 22, 2022

Therefore, while we won't pay attention to what is or isn't happening to Excel (or Google Sheets), we can predict some CFO tech trends in 2023. Anything that can help you with reducing costs is quite popular at the moment,” said Wouter Born, founder and managing partner at Born Capital, an investment firm specializing in CFO tech. “Of

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Financial Planning and Analysis (FP&A) Finance Accounts Payable Prioritization 98

The Charity CFO

APRIL 22, 2024

You can do this by promoting open communication and transparency throughout your nonprofit. In addition to communication, you can help reduce burnout by prioritizing employee wellness and mental health. The post How to Prevent Burnout in Your Nonprofit appeared first on The Charity CFO. Get the free guide!

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Nonprofit Budgeting Concentration CFO 52

The Finance Weekly

FEBRUARY 8, 2023

The past month has seen a flurry of , CFO moves , indicating these executives' critical role in steering organizations toward stability and success. With this in mind, it's important for CFOs to stay ahead of the curve and adapt to , new trends and , challenges. Holscott previously served as CFO at Warner Media.

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CFO Prioritization Finance Communication 52

CFO Simplified

MARCH 11, 2024

While not always necessary, having a simple salary structure and pay ranges provides a clear framework and market reference for decision making and communication. Both should be just detailed enough to guide and promote career mobility and pay transparency but as simple as possible to administer and communicate. Incentive Plans.

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Communication Prioritization Leverage Healthcare 52

Spreadym

DECEMBER 1, 2023

Tips for CFO to accelerate annual budgeting process There are several ways to expedite the annual budgeting process: Automate Processes: Utilize budgeting software or tools that automate calculations and streamline data entry. Prioritize Key Items: Focus on critical areas first to allocate resources where they're most needed.

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Budgeting Prioritization Communication CFO 59

CFO Leadership

APRIL 10, 2023

Communication is key to exceeding duty of care obligations and establishing a foundation of good faith outside strict legal terms. Prioritize personal outreach when something goes wrong; it puts employees at ease and ensures they feel well cared for. The post Navan’s Modern Approach to Duty of Care first appeared on CFO Leadership.

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Risk Management Communication Leadership Benchmarking 97

CFO News Room

DECEMBER 6, 2022

Charter Communications – Charter Communications fell 5% after analysts at Citi added a negative catalyst watch to the company heading into its analyst day. Textron – Shares of Textron jumped 6% after the company won a U.S. Army contract that could be worth $70 billion to provide next-generation helicopters.

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Communication Prioritization Valuation Advertising 130

Fpanda Club

FEBRUARY 15, 2021

Source: The CFO Reimagined: from driving value to building digital enterprise. Moreover, on average, five functions other than finance now report to the CFO and 40% of CFOs spend most of their time on roles not directly related to finance. Are today’s CFOs ready for tomorrow’s demands on finance? References: 1.

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Finance CFO Prioritization Budgeting 130

VCFO

JUNE 29, 2023

How Cracks in Nonprofit Finance & Compliance Creep In Nonprofit CEOs rely on their organization’s CFO to provide sound fiscal management, ensure full compliance, and be strategic partners. A CFO will evaluate financial performance, and bring attention to potential issues.

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Nonprofit Finance CFO Compliance 69

The Charity CFO

MAY 8, 2023

To achieve this, nonprofit organizations should prioritize transparency, authenticity, and accountability in their fundraising efforts. Regular communication with donors is imperative to support the efforts toward individual giving. The most successful events prioritize engagement and relationship-building. Get the free guide!

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Nonprofit Prioritization Communication Planning 52

CFO News Room

JANUARY 13, 2023

Communication is a key function for think tanks, which are typically focused on disseminating findings on complex issues to diverse audiences. Similar to other archetypes, Field Builders rely on a robust communications function. Designers leverage internal expertise to design programs and approaches.

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Prioritization Communication Leverage Leadership 130

The Finance Weekly

FEBRUARY 11, 2024

Communication with Customers The AR team often talks to customers who have questions or concerns, but this isn't given as much importance as other tasks like creating invoices and reconciling accounts. Usually, ,, communication with customers happens through email or phone without proper tracking. from 2022 with $47,758.

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Accounting Invoicing Accounts Payable Budgeting 52

VCFO

MARCH 9, 2022

She efficiently handles multiple priorities, can quickly adapt to challenging and fast-paced work environments, and prioritizes building relationships within an organization. Founded in 1996, vcfo pioneered the concept of the “Virtual CFO” with its original core offering of fractional or part-time CFO solutions. About vcfo.

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Problem Solving Prioritization CFO Compliance 52

CFO News Room

NOVEMBER 13, 2022

Build a tight relationship with your CEO and CFO. Leaders under economic pressure will likely prioritize short-term measures of growth, so there will be a bias toward marketing tactics with a clearer return on investment, such as search, social, and e-commerce. Zero out inefficient spend and ways of working.

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Budgeting Marketing Math Advertising 130

PYMNTS

OCTOBER 29, 2018

What emerged is a picture of CFOs prioritizing collaboration as part of their broader digitization efforts, with the rising need to look beyond financial data to reshape corporate finance. For example, 68 percent of CFOs said the biggest roadblock is that their CIO peers do not “speak the same language.”

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CFO Corporate Finance Finance Risk Management 58

The Charity CFO

JULY 10, 2022

The Executive Committee handles time-sensitive issues that come up between meetings and prioritizes the agendas for meetings of the full board of directors. Communication Committee. Communications. Get this FREE guide to discover what you need to do to ensure you hire the right accountant, bookkeeper, or CFO the FIRST time.

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Nonprofit Auditing Communication Risk Management 97

Fpanda Club

APRIL 18, 2022

To perform these functions marketing, as a discipline, possesses a wide range of tools and techniques that can be used to analyze data, verify hypotheses and communicate information. Imagine CFO or CEO seeing dozens of long tables filled with numbers every day, will they be happy to receive another one like this?

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Financial Planning and Analysis (FP&A) Marketing Finance Forecasting 130

The Charity CFO

JULY 31, 2023

Open communication within the organization guarantees that conflicts are managed appropriately, helping to uphold the nonprofit’s mission and maintain the confidence of donors, beneficiaries, and the public. The post Conflicts of Interest: Why it’s Important and How Often it Should be Done appeared first on The Charity CFO.

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Nonprofit Prioritization Compliance Accounting 52

CFO Share

APRIL 3, 2024

The ideal candidate will possess: Experience with your software Excellent communication skills The courage to ask questions, not assume answers Meticulous attention to detail Rigorous and disciplined work ethic Experience with Your Accounting Software Your bookkeeper should have experience with the accounting software your business uses.

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Communication Prioritization Accounting Standards Financial Reporting 52

The Finance Weekly

NOVEMBER 20, 2022

CFOs are no longer turning to the same old sources of inspiration when looking for quick solutions to workplace challenges. Finance directors in the past may have been persuaded to purchase software by clever advertising efforts or information they acquired at a CFO conference on the other side of the globe. Why you might ask?

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Financial Planning and Analysis (FP&A) Finance CFO Prioritization 52

CFO News Room

JANUARY 18, 2023

Here are the nine workplace predictions, based on Gartner research , that highlight the aspects of work that leaders must prioritize over the next 12 months. Tailoring communications and incentives to motivate allyship, for example, by recognizing and giving visibility to allies on internal platforms and company websites.

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Prioritization Auditing Education Communication 130

The Finance Weekly

SEPTEMBER 22, 2022

Coming to the CFO and management with concrete data about a way to save time is every manager’s dream. 3) PPP- Prioritize partnering & preparation. Many finance professionals prioritize either partnering or preparation, but to get the best results, you need to do both. 5) Get down to the action plan.

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Forecasting Prioritization Finance Investments 98

CFO News Room

DECEMBER 9, 2022

Several years ago, I traveled from New York to Geneva, Switzerland to be the closing keynote speaker for the World Communication Forum. Rather than prioritizing your own agenda, you put the agenda of the audience ahead of yours. That’s one clue to what you should prioritize in your presentation. Is it growth? Opportunity?

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Prioritization Leadership Education Leverage 130

The Charity CFO

JUNE 7, 2023

Stakeholder Communication : Serves as a transparent communication tool for stakeholders, including donors, board members, and grant-making organizations. The Charity CFO specializes in nonprofit accounting and bookkeeping. Get the free guide!

Nonprofit 52

Nonprofit Accounts Payable Budgeting Strategic Planning 52

CFO Simplified

APRIL 19, 2023

Step 2: Communicate the decision. However, when Jane communicated her plan to the appropriate authority, she relied upon the trust and transparency of the organization to create a win-win scenario allowing for continuity and growth. Realign and prioritize work to support the CEO. Prepare himself for the CEO role.

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Planning Leadership Communication Nonprofit 52

CFO Leadership

DECEMBER 15, 2022

From a rise in M&A activity to prioritizing sustainability initiatives, here’s what’s top of mind for TripActions executives as we head into 2023. The post TripActions’ Travel and Expense Predictions for 2023 first appeared on CFO Leadership. Whitnee Hawthorne, Chief Customer Officer. CX gets even more personal.

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Mergers and Acquisitions (M&A) Budgeting Leadership Analyzing Data 97

Fpanda Club

FEBRUARY 1, 2021

Young people usually choose their career in finance as it seems to be rather easy to measure success: there is a beaten path from an entry-level accountant/auditor or financial analyst to finance manager and later to CFO. Communication skills. New opportunities emerge in consulting with its developing CFO advisory services.

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Finance CFO Communication Prioritization 130

CFO Share

MARCH 13, 2023

A fractional CFO can assess your AP process and offer improvement advice. Prioritize payments Prioritize payments to ensure that critical suppliers are paid on time and avoid late fees or penalties, while less critical suppliers are deferred if required by cash constraints. How do I improve the management of AP?

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Accounts Payable Accounting Prioritization Healthcare 40

CFO Leadership

OCTOBER 10, 2023

Create and communicate a well-defined plan for how you intend to bring advanced AI tools into your organization and use them for transformation. The post Preparing Your Finance Organization for the New Era of AI first appeared on CFO Leadership. Learn more about how we can help you achieve your business goals today.

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Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

CFO News Room

DECEMBER 31, 2022

We saw renewed interest in fighting for a workplace that prioritizes wellbeing and transparency, and that takes a concerted, nuanced approach to addressing the systemic inequities that continue to hold our organizations back. Summer: Combat Inequity. By the summer, Quiet Quitting was trending on TikTok.

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Prioritization Leadership Communication Planning 130

The Finance Weekly

APRIL 27, 2022

Doing so as a CFO requires the following actions: 1. Set Firm Organizational Standards: As a leader, you have the power to define the company’s operational approach, values, and standards of conduct, expressing the expectations in value statements, company policies, ethical codes, and communications. Tackling the Issue of Ethics.

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Leadership Financial Planning and Analysis (FP&A) CFO Communication 52