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Best Practice Tips to Impress in the Role of CFO

Centage

Once upon a time the role of CFO was focused on backward-looking data. However, these days, chief financial officers do a great deal more than financial reporting. In the age of COVID, strong financial leadership is more important than ever.

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Preparing Your Finance Organization for the New Era of AI

CFO Leadership

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. The post Preparing Your Finance Organization for the New Era of AI first appeared on CFO Leadership.

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What Controllers Can Do to Help Leverage FP&A Solutions

The Finance Weekly

Compliance: Abide by laws regarding environmental regulations, financial reporting, etc. Complete data analysis (DA). In this way, the FC can provide high-detail, granulated financial analysis that can be used by the CFO for broader financial planning. Automation of previously manual tasks.

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Where Can FP&A Career Path Take You?

Fpanda Club

This is true in all possible economic situations: in times of growth FP&A participates in setting business objectives, analyzing options of growth, assessing market opportunities and risks, while in times of recession FP&A can contribute to corrective action plans, cost-cutting and other initiatives to preserve company’s financial health.

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Elevating tomorrow’s finance leaders today

Future CFO

What makes for a sought-after chief finance professional (CFO)? According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. CFO: The role of CFO is very senior; hence a high level of experience is expected for anyone applying for this role.

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Why Financial Forecasting Is More Important Than Your Annual Budget

Centage

They recognize the importance of modern budgeting tools that can help you present your case to them, because they understand the value in their business lies in making data-backed decisions. In fact, 39% of firms with less than $500 million in revenue have automated their financial report generation for this purpose. Watch Demo.

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10 Tips CFOs Can Use to Put AI in Finance to Work Today

Planful

With cloud-based financial data and nearly unlimited processing power, multiple and complex scenarios can be generated instantly. Luckily, Specialized had implemented Planful for worldwide financial reporting and workforce planning four years earlier. 1 – Move your data to the cloud.