Centage

JUNE 7, 2022

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. Marry Finance With Strategy It’s not enough to provide accurate financial data.

CFO 97

CFO Forecasting Budgeting Data Analysis 97

CFO Leadership

JANUARY 8, 2024

Businesses can use it to generate product descriptions, performance goals with employee-specific target metrics, and narrative reporting to accompany financial data. More than 80 countries already require it, per tax compliance provider Avalara, and other areas, including the European Union, have plans for broad adoption.

CFO 52

CFO Invoicing Leadership Cash Management 52

The Finance Weekly

NOVEMBER 6, 2022

CFOs are well experienced finance professionals who know how to lead their team and the finance company through many different scenarios. Supposing a CFO has a couple years of experience, they have been through many ups and downs, uncertainties, and market changes that would have left them prepared for future challenges.

CFO 98

CFO Communication Finance Leadership 98

Future CFO

FEBRUARY 15, 2021

The report noted that 43% of respondents to the study say their organisations have become more focused on scenario planning and stress testing as a result of the pandemic. At a recent roundtable, one CFO commented she can’t recall a period in recent years where her team had done so many “what if” analysis than in 2020.

Financial Data 52

Financial Data Finance Benchmarking CFO 52

Michigan CFO

JUNE 7, 2023

In today’s ever-evolving business landscape, the role of the Chief Financial Officer (CFO) has become crucial for effective financial management and decision-making. However, not all businesses have the resources or the need for a full-time, in-house CFO. This is where virtual CFOs come into play.

CFO 52

CFO Problem Solving Budgeting Communication 52

Boston Startup CFO

APRIL 12, 2024

13-week Cash Flow Forecasting We offer a comprehensive and forward-looking approach to cash planning. 13-week Cash Flow Forecasting We offer a comprehensive and forward-looking approach to cash planning. Dashboard Reporting We can provide clear and actionable insights into your financial data.

Planning 40

Planning Cash Flow Forecasting Forecasting Benchmarking 40

CFO Talks

JUNE 6, 2022

From their beginnings as historians of financial data and past performance, they evolved into real-time analysts, and visionaries with predictive technologies at their fingertips. Only 36% of CFOs in the US come from an accounting background. Having looked at the past, present, and future, where is the next focus for CFOs?

CFO 52

CFO Financial Data Technology Planning 52

CFO Plans

MAY 16, 2024

Here’s how SaaS accounting software is revolutionizing financial management and why it’s essential for CFOs. Discover SaaS Accounting Solutions Now Real-Time Financial Data for Informed Decision-Making One of the standout features of SaaS accounting platforms is real-time access to financial data.

Accounting 52

Accounting Compliance Manufacturing CFO 52

Michigan CFO

AUGUST 1, 2021

This frustration always leads to the question: is it better to hire a controller vs. a CFO ? More importantly, what is the difference between a controller vs. a CFO ? Knowing the answer to this question is essential for the financial future of your company. CFOs most often have an accounting and finance background.

CFO 52

CFO Leadership Accounting Finance 52

CFO Leadership

JANUARY 25, 2024

Businesses can use it to generate product descriptions, performance goals with employee-specific target metrics, and narrative reporting to accompany financial data. More than 80 countries already require it, per tax compliance provider Avalara, and other areas, including the European Union, have plans for broad adoption.

CFO 52

CFO Invoicing Cash Management Forecasting 52

Boston Startup CFO

FEBRUARY 1, 2023

Here are the top signs that your startup may need a fractional CFO. Preparing for fundraising If you are planning to raise funds for your startup, there are many pitfalls and unknowns. A CFO can help you create a plan that outlines how you will use the funds you raise, as well as how you will achieve your financial goals.

CFO 40

CFO Startups Cash Flow Forecasting Budgeting 40

The Finance Weekly

MARCH 25, 2024

Big companies used to hog all the CFO action, but now even small and medium-sized businesses are jumping on the bandwagon. Why the sudden CFO craze? Well, CEOs are cluing in on the fact that having a financial expert on board can steer their ship in the right direction and spur business growth. AMRSQ) stock valued at over $8.

CFO 97

CFO Finance Forecasting GAAP 97

Jedox Finance

SEPTEMBER 10, 2020

The crisis also highlighted the limitations with using legacy planning approaches. Now, with companies readying for the new normal, CFOs need a fresh approach and be able to disconnect from the past. For dynamic forecasting to work effectively, CFOs need a scenario and modeling platform that supports real-time data updates.

CFO 69

CFO Forecasting Budgeting Financial Modeling 69

The Finance Weekly

JUNE 21, 2022

This is especially true for CFOs who are planning to take their company public. Ellis had never led an IPO before, despite being a self-described "classically trained CPA" with years of experience as a CFO and controller. The most important question the CFO will be asked before an IPO or any capital raise is, "Are we ready?"

CFO 52

CFO Communication Auditing Finance 52

CFO Share

JULY 27, 2023

Read on to learn about the evolving AI landscape and explore the advantages, challenges, and future implications for CFOs, shedding light on how this powerful tool is revolutionizing the traditional responsibilities of finance leaders. Part-time CFO services can help your business take the best decisions based on the outputs given by AI.

CFO 40

CFO Data Analysis Analyzing Data Risk Management 40

VCFO

MAY 17, 2024

v360 goes beyond traditional financial analysis and simple snapshots. Evaluation of 154 core data points across six dimensions and in-depth dialogue between you and a CFO steeped in all aspects of business optimization and strategic planning provides a holistic, insightful, and unbiased exploration of your company’s DNA.

Benchmarking 81

Benchmarking Leadership Strategic Planning Valuation 81

CFO Plans

MAY 2, 2024

When it comes to revolutionizing your financial management, finding the right accounting partner is a critical decision. With numerous options available, how can a CFO navigate this complex landscape and find the perfect match? Look for a partner that provides strategic advisory, financial planning, and performance analysis.

Accounting 52

Accounting Problem Solving Compliance Communication 52

Spreadym

AUGUST 10, 2023

The best financial reporting software solutions , Spreadym : an easy-to-use platform that is widely used for financial planning and analysis. QuickBooks: A widely used accounting software that offers robust financial reporting capabilities, suitable for small and medium-sized businesses.

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards 52

Future CFO

OCTOBER 20, 2021

The CFO role requires certain traits and skills, said Woranat Dumrongsiri (pictured), Country CFO, Deloitte Thailand and Deloitte Laos during an interview with FutureCFO for the publication’s Female Leadership in Finance Series. Woranat Dumrongsiri, Country CFO, Deloitte Thailand and Deloitte Laos.

CFO 52

CFO Leadership Finance Problem Solving 52

Future CFO

DECEMBER 14, 2023

AI solutions serve as the backbone of this evolution, providing CFOs with the tools to deliver more effective Client Advisory Services (CAS). Revolutionising financial strategy. With the integration of artificial intelligence into the business processes, CFO advisory services shifts the landscape for businesses of all sizes.

CFO 52

CFO Problem Solving Strategic Planning Forecasting 52

Future CFO

FEBRUARY 4, 2024

For instance, GenAI can help automate mundane tasks such as expense tracking, flag data anomalies, and deliver data-driven recommendations for risk assessments and resource planning. NP: Training AI models to understand and interpret complex financial data accurately requires dedicated time and resources.

Finance 98

Finance CFO Leadership Risk Management 98

The Charity CFO

MARCH 22, 2024

Types of Data for Nonprofits The types of data a nonprofit might use for decision-making can vary between organizations. Most nonprofits will use at least one of three types of data: Financial data: Financial data includes any data relating to the finances of the organization, such as revenue or expense data.

Nonprofit 52

Nonprofit Leadership Benchmarking Leverage 52

The Finance Weekly

JANUARY 19, 2023

The CFO role traditionally has two high-level leadership archetypes: strategic and operational. An operational CFO optimizes performance by combining data from various departments with financial data. A strategic CFO focuses on creating long-term plans to achieve the company's goals.

Leadership 98

Leadership CFO Benchmarking Finance 98

Future CFO

JANUARY 25, 2024

“These contradictory demands form paradoxes that are inherent in the CFO role.” For planned cuts or pauses to investments, only select response options are shown. For planned cuts or pauses to investments, only select response options are shown. The last one relates to the evolving role of the CFO.

CFO 94

CFO Finance Leadership Investments 94

Future CFO

AUGUST 6, 2020

The crisis also highlighted limitations with legacy planning approaches. Now, with companies readying for a new normal, CFOs need to think afresh and unshackle from the past. For dynamic forecasting to work, CFOs need a scenario and modelling platform that supports real-time data updates. Pilots are not alone when flying.

CFO 40

CFO Forecasting Budgeting Financial Modeling 40

The Finance Weekly

DECEMBER 22, 2022

The humble spreadsheet remains an essential, if not critical, component of many financial operations. 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. But that’s not the only thing that’s driving tech investment for CFOs in 2023.

Financial Planning and Analysis (FP&A) 98

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

The Charity CFO

APRIL 2, 2024

In addition, you need to make sure your financial data is accurate and readily available for donors, board members, and other stakeholders. Good nonprofit accountants do more than just provide reports, they also become your trusted source of nonprofit financial advice. Do You Struggle to Make Sense of Your Financial Statements?

Nonprofit 52

Nonprofit Accounting Accounting Firms CFO 52

PYMNTS

JULY 5, 2017

For a chief financial officer (CFO), having technology — from ERP systems to cloud accounting and cash forecasting tools — has become paramount when deploying a successful growth strategy. “Companies still rely too much on Excel for reporting,” Born explained.

Financial Data 52

Financial Data Auditing Financial Reporting CFO 52

Centage

MAY 8, 2023

Your role is critical and complex as you know and understand the financial operations of your organization inside and out – and are ultimately responsible. You are a master of your companyʼsʼ financial data – and there is so much of it to manage. Plan to work with them early in your board presentation development stage.

Nonprofit 98

Nonprofit Budgeting CFO Finance 98

The Finance Weekly

MARCH 13, 2022

So, why are VCs investing in the office of the CFO? Venture Funding Hits High In Finance DataRails , DataRails , the financial planning and analysis (FP&A) platform for Excel users, announced early March 2022 that it has raised $50M in Series B funding. Because Finance forms the backbone of any business.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Investments CFO Accounts Payable 52

Future CFO

APRIL 3, 2023

Drive efficiency with RPA Many companies have already made the first step to move their financial services operating systems to a cloud-based enterprise resource planning software or a software-as-a-service solution. Here’s how.

Finance 96

Finance Forecasting CFO Leverage 96

Beacon CFO Plus

SEPTEMBER 27, 2023

Providing Critical Financial Strategy, Cost Optimization, and More Hiring a fractional CFO for your startup is a strategic move that brings expert financial guidance without the full-time commitment. Fractional CFOs can adapt to these changing requirements, helping startups scale their financial operations efficiently.

Startups 52

Startups Compliance CFO Financial Modeling 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.

CFO 52

CFO Prioritization Finance Communication 52

Future CFO

MAY 20, 2024

I take various calls throughout the day with workstream leaders across eight countries to understand progress, risks, issues, and develop mitigation plans. FutureCFO: What excites you the most when you work with CFOs and finance functions? These are huge undertakings that need a high level of collaboration across a business.

CFO 52

CFO Management Consulting Finance Communication 52

Boston Startup CFO

FEBRUARY 22, 2023

If you find all this distressing, a fractional startup CFO , like a couples’ therapist, can help you work on improving your emotional connection to your finances, building trust, and repairing the relationship. This is where a startup CFO comes in. In addition, a startup CFO can help you identify and manage risks.

Startups 52

Startups CFO Financial Data Finance 52

Future CFO

DECEMBER 18, 2022

In the coming year, CFOs will be expected to focus on helping their companies build resilience – whether through critical decision-making backed by a real-time view of financial data, or ensuring competitive advantage with digital transformation and sustainability initiatives. Source: Gartner 2022.

Economics 98

Economics CFO Leadership Financial Data 98

Jedox Finance

SEPTEMBER 3, 2020

It thrust the Chief Financial Officer (CFO) to the frontline of business survival and saw many setting up cash control towers with granular oversight over cash flow, receivables, and payables to navigate disruptions. This placed an acute spotlight on planning agility. Build for broad and deep data integration.

Forecasting 81

Forecasting CFO Planning Budgeting 81