article thumbnail

Clocking in and Out: Nonprofit Payroll Issues

The Charity CFO

Compliance with Labor Laws and Overtime Management Like any other employer, nonprofit organizations are subject to labor laws and regulations. Data Analysis, Budgeting, and Resource Allocation Budgeting and resource allocation are essential for nonprofit organizations. Get the free guide!

article thumbnail

What it takes to be a leader with competence and capabilities

Future CFO

“I think we need to recognise that the CFO role can mean a lot of different things in different businesses. It really depends on the type of business, their strategy and the type of skills they want the CFO to lead on.” Dan Wells, CFO at GrowCFO Charisma. Persuasive. These are qualities we often equate with leaders of the past.

CFO 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

AI in the finance function

Future CFO

FutureCFO spoke to Robert E Parker , CFO for IBM Asia Pacific, for his perspective on how finance teams can and should take interest in the potential of AI, and arguably that waiting for the technology may not be in the best interests of the function and the company. Fraud and waste : Use Machine Learning (ML) to detect fraudulent patterns.

Finance 98
article thumbnail

The transformative value of generative AI in corporate tax

Future CFO

Traditionally, corporate tax departments relied heavily on manual and error-prone processes for tax administration and compliance, but the emergence of new regulations mandating tax digitisation is driving change in this area of business.

article thumbnail

How finance leaders can navigate around accounting talent shortage

Future CFO

Outsourcing can provide access to a broader range of expertise and industry knowledge – often leading to improved accuracy in financial reporting, compliance with regulations, and better financial decision-making for the business. This can lead to improved financial reporting, data analysis, and overall financial management.

article thumbnail

Preparing Your Finance Organization for the New Era of AI

CFO Leadership

Many have since advanced to intelligent process automation (IPA) — RPA amplified with artificial intelligence (AI) — to streamline and improve more complex work, from tax and compliance reporting to financial statement reconciliation. The post Preparing Your Finance Organization for the New Era of AI first appeared on CFO Leadership.

article thumbnail

Transforming accounts payable operations through AI

Future CFO

The technological advancement provides more than just automation and reshapes roles, empowering finance teams to zero in on strategic activities like data analysis, supplier negotiations, and decision-making. 9) Audit preparation: Efficiency and compliance Preparing for audits can be a time-consuming and stressful process.