CFO Thought Leader

AUGUST 13, 2024

In her role as CFO of California Bank & Trust, Chikako Tyler once found herself facing the collapse of Silicon Valley Bank—as it turned out, not the first financial crisis of her career, but the second. Read More By the time Silicon Valley Bank collapsed in 2023, Tyler had had nearly 5 years of experience as CFO under her belt.

Cost Management

E78 Partners

MAY 16, 2024

As Private Equity and Venture Backed startups mature into larger businesses with a proven business model, the challenge with managing cloud expenses has become a pain point for the CFO, CIO and PE owners. They speak the language of both IT and Finance. Savings of 10% to 25% on cloud costs with no additional headcount is common.

Cost Management

PYMNTS

JANUARY 29, 2020

Having an accounting background is no longer a must for a company’s chief financial officer (CFO), according to a report by The Wall Street Journal. But that freed us up to get a capital-markets-focused CFO.”. After the 2002 Sarbanes-Oxley Act, companies would pick chief accounting officers as finance chiefs.

CFO

Future CFO

SEPTEMBER 10, 2023

“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

CFO Network

SEPTEMBER 20, 2021

What Is A Virtual CFO, Exactly (And Why Do I Need One?). First of all, what is a virtual CFO exactly? Keyword(s): virtual cfo. The average salary for a CFO in the United States is $395,820. What is a Virtual CFO? As you probably know, CFO stands for Chief Financial Officer. What Does a Virtual CFO Do?

CFO

Future CFO

NOVEMBER 27, 2022

As enterprises look to embrace these technologies, CFOs and finance organizations are uniquely positioned to take their current roles of stewards of data, algorithms of measurements, and validation of benefits, to bring about the next generation of business – that of the cognitive enterprise. Sanjay Patil.

Finance

Future CFO

JANUARY 8, 2024

The rapid adoption of this technological advancement led to unexpected challenges in managing cloud costs, a concern finance leaders must handle properly for the organisation. As cloud spending continues to increase, many compaies face cost overruns and unexpected expenses.

Finance

Future CFO

AUGUST 14, 2024

Angeline Mesny Sanford , senior manager, channel marketing at Bottomline Technologies , says lessons on cost control that is back in fashion, not just in finance but across the business; digital processes and payments that need to be embraced, now more than ever; and transforming the way businesses pay suppliers must be properly looked into.

Accounts Payable

Future CFO

MAY 20, 2022

The finance operating model is shifting and the pressure on banks’ finance teams to do more with less has never been greater. Successful finance teams must operate as strategic business partners, using tools such as advanced analytics and predictive modelling to bring data-driven insights to the business. DOWNLOAD NOW.

Finance

CFO Thought Leader

JULY 31, 2024

Read More Going forward, a decision by White to specialize in finance, rather than following the traditional rotation between operational and financial roles, was initially met with skepticism inside the military. Early in his career, it was suggested that his focus on finance could limit his promotion prospects. Coast Guard.

Finance

E78 Partners

JUNE 12, 2023

Outliers will operate as part of E78’s Leadership & Transaction Services business unit, which offers highly technical and strategic interim CFO services, executive search, and transaction execution services. “We are delighted to welcome Dan Stankey, his Partners, and the entire Outliers team to E78 Partners.

Accounting Firms

Future CFO

MARCH 10, 2024

Editor’s note: Automation can work wonders but it can also create challenges for the finance function. Sarita Singh, Regional Head & Managing Director, Southeast Asia, India, Greater China, Stripe FutureCFO: What are the major challenges facing CFOs and the finance function in 2024 in terms of automation?

Finance

Planful

DECEMBER 8, 2015

Many Finance teams continue to employ approaches to planning, reporting, and analysis that lack the speed, flexibility, and ability to provide insight necessary to support their companies’ growth goals. But many Finance and performance management systems used by companies aren’t set up to support growth.

Finance

Future CFO

APRIL 7, 2024

Editor’s note: Wei Zheng (pictured), Finance Director, Hays Asia shed light on what matters when it comes to leadership, how you can progress to become a leader, and the biggest challenge facing finance leaders today. This interview is part of FutureCFO’s Female Leadership in Finance Series. What’s your career goal now?

Finance

Future CFO

FEBRUARY 7, 2024

From the ongoing global conflicts to the lingering effects of high inflation, corporate finance professionals are gearing up to navigate an environment marked by volatility and uncertainty. This trend is expected to persist into 2024, influencing strategic decisions and prompting a focus on cost management and expense reduction.

Treasury

CFO Plans

JUNE 27, 2024

Strategic Insights from Outsourced CFO Services Hiring a full-time Chief Financial Officer (CFO) can be costly, especially for small businesses. Outsourced CFO services provide access to high-level financial expertise without the overhead. Explore strategic CFO services to fuel your business expansion.

Financial Reporting

E78 Partners

OCTOBER 19, 2023

With private equity sitting on trillions in dry powder , the office of the CFO ensures that companies can measure performance accurately, manage the business efficiently, and make informed investment decisions. The post The Evolving Role of CFOs in Private Equity Portfolio Companies appeared first on E78 Partners.

Financial Planning and Analysis (FP&A)

Future CFO

JANUARY 2, 2024

This is the findings of Deloitte 's Asia-Pacific CFO Survey which asked 276 CFOs in the region in a bid to understand the challenges, priorities and ways they seek to navigate the years ahead.

Economics

Future CFO

MAY 22, 2024

One might say that it has been more than four years since, but it is an undeniable fact that shifts within the Finance function and the organisations as a whole are still ongoing here and there. This view is echoed by Waty, who says the CFO plays a crucial role in a company’s digital transformation.

CFO

Future CFO

DECEMBER 9, 2019

Are you one of the personally effective CFOs? According to Gartner, only 22% of CFOs achieve a high degree of personal effectiveness. The most important relationships that drive high performance in the CFO role are found in the boardroom and where the customers are, not in the finance department, he pointed out.

CFO

Future CFO

JANUARY 4, 2024

When 2023 drew to a close, it is an imperative for all finance leaders to reflect on the various trends in the market such as the digitisation of processes and operations. This will serve as a guide for CFOs to embrace change, prioritise cost efficiency, and stay attuned to the ever-changing technological landscape.

Marketing

CFO Plans

JUNE 14, 2024

Cloud-Based Accounting Software for Future Financial Management Gone are the days of manual bookkeeping and cumbersome spreadsheets. Cloud-based accounting software offers a seamless, efficient, and secure way to manage your finances. At CFO Plans, we understand the transformative power of strategic accounting services.

Accounting

CFO Share

DECEMBER 2, 2022

Capacity reduction is a prudent form of cost management and brings immediate cash savings. Cost management can be self-defeating when expense reductions create quality issues like long wait times, lower product quality, or slower processing. When should I reduce operating costs? Avoid the Downward Spiral.

Restructuring

PYMNTS

MAY 8, 2018

Chief financial officers (CFOs) surveyed by The Economist Intelligence Unit revealed a lack of visibility into corporate spend in a new survey released on Monday (May 7). 1 threat to CFOs’ abilities to make a positive impact on their companies’ financial positions.

Corporate Finance

Future CFO

OCTOBER 17, 2023

The Q3/23 CFO survey revealed that CFOs focus on profitability despite the uncertain interest rate outlook and global economy, with only 28% of the surveyed executives being pessimistic about the market situation, representing a 7% increase since last quarter.

Financial Planning and Analysis (FP&A)

CFO News

DECEMBER 29, 2022

Cost management, financial performance, and both inorganic and organic growth are on top of the minds of finance honchos as they enter the New Year.

Cost Management

Future CFO

DECEMBER 17, 2023

Spotting payment challenges As with the impact of the said changes in the finance team of an organisation, Metzger thinks that real-time payments are a challenge, albeit this is not the main hurdle for corporates. “I He notes that what matters for finance leaders is that they can optimise their liquidity position using such avenues.

Forecasting

The Charity CFO

MARCH 23, 2023

Statement of financial position As with the balance sheet, the statement of financial position is a snapshot of your nonprofit’s finances at a specific point in time. Functional classifications include program costs, management and general costs, and fundraising costs. Get the free guide!

Nonprofit

Future CFO

JANUARY 14, 2024

Cost reduction initiatives can yield significant benefits for organisations and their employees when approached strategically and executed effectively. It should be noted, however, that cost cutting should not be approached as a reactionary, short-term measure, but as a strategic investment in the future of the company.

Restructuring

KG Virtual CFO

JUNE 20, 2023

Cost Savings Virtual bookkeepers can analyze financial data to identify areas where a small business can cut costs, such as reducing overhead expenses or renegotiating contracts with suppliers. To learn more about KG Virtual CFO and how partnering with us can help your business grow, book an initial consultation today!

Financial Data

CFO Share

NOVEMBER 21, 2023

In the world of business finance, the terms “Cost of Sales” (COS) and “Cost of Goods Sold” (COGS) are often confused. Though they may sound similar, understanding their distinct meanings is beneficial for any business owner or manager.

Sales

The Charity CFO

JUNE 7, 2023

It provides insights into cash generated from operating activities, investing activities, and financing activities. Statement of Functional Expenses Financial Uses Expense Analysis : Helps analyze and categorize expenses by their functional nature, such as program services, management and general, and fundraising. Get the free guide!

Nonprofit

Future CFO

AUGUST 2, 2020

Organisations that drove a 6% greater return on invested capital (ROIC) over three years are those built around factors such as unique competitive differentiator rather than external factors like competitive trends, compared to those with cost models focused on external factors such as competitive trends, the research firm noted.

Quantitative Analysis

Future CFO

APRIL 22, 2020

A Gartner survey of 145 CFOs and senior finance leaders on April 12, 2020 revealed 51% of respondents said they were preparing for a revenue contraction of up to 30% this year due to the coronavirus pandemic. . Most CFOs have told us they are using the most severe downside scenarios to inform their decisions right now.

Cost Management

Future CFO

APRIL 7, 2020

A Gartner survey of 317 CFOs and finance leaders on March 30, 2020, revealed that due to COVID-19 62% of respondents are planning some cuts to selling, general and administrative (SG&A) budgets in their organizations in 2020. Gartner recommends four cost management tactics: Think big. Source: Gartner (April, 2020).

Budgeting

Future CFO

SEPTEMBER 17, 2023

“Growing economic optimism in advanced economies obscures an inconvenient truth: favourable conditions that have powered growth in the last decade are no longer present,” said Randeep Rathindran, distinguished vice president, research, in the Gartner Finance practice.

Economics

E78 Partners

FEBRUARY 9, 2023

Stern Cassello & Associates will operate as part of E78’s Fund Solutions business unit, which offers highly technical and strategic outsourced CFO, COO and CCO services, regulatory and compliance solutions, fund administration support and fully managed financial and investor reporting services to private investment funds.

Compliance