Future CFO

FEBRUARY 15, 2021

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. Another CFO pointed out that COVID-19 has elevated stress testing to a whole new level. In the new normal, response time to changes is as critical as the accuracy of data. “We

Financial Data 52

Financial Data Finance Benchmarking CFO 52

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. Today’s CFO isn’t hard to find. At the heart of the company.

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CFO Financial Data Technology Planning 52

CFO Dive

MARCH 26, 2024

AI analytics technology is turbocharging anti-fraud measures through its ability to process oceans of financial data.

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Financial Data Technology 262

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.

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CFO Leadership

JANUARY 25, 2024

In a survey by FloQast, more than 60% of accountants reported that technology is more important to their job satisfaction today than it was two to three years ago, with 43% being “extremely likely” to ask about technology in a job interview. Making this a reality starts with accurate, real-time, and expansive financial data.

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CFO Invoicing Cash Management Forecasting 52

The Finance Weekly

DECEMBER 30, 2021

For businesses, this might spell out the adoption of a new strategy, scheduling approach, or technology implementation. Technology implementation has been a popular course of action in recent years for many organizations. As a small business CFO, how do you navigate toward business recovery? Maximizing Benefits.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Technology CFO Leverage 52

Future CFO

FEBRUARY 4, 2024

In addition, 88% of Singapore C-suite and finance leaders chose GenAI as one of the key technologies that will help strengthen business resilience in a survey we conducted with Censuswide last year. 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

CFO Talks

JUNE 8, 2022

Over the last few years, the role of the CFO has undergone a profound shift. The CFO of today and tomorrow should be able to take financial data and use it to influence operational decision-making and strategy. . “ It’s a much broader role and that’s probably why you see CFOs getting ready to step into the role as CEO.”

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CFO Budgeting Construction Leadership 52

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. As the Director of Amyris Inc.,

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CFO Finance Forecasting GAAP 97

https://trustedcfosolutions.com/feed/

MARCH 22, 2023

The Tech Stack for Your Accounts Payable Technology has revolutionized how we do business, and accounting is no exception. You can track invoices, payments, and expenses in real time and securely access your financial data from anywhere. Optical Character Recognition (OCR) Technology. Electronic Payment Systems.

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Accounts Payable Accounting Invoicing Reconciliations 108

Boston Startup CFO

FEBRUARY 1, 2023

Here are the top signs that your startup may need a fractional CFO. A fractional CFO can provide significant value to the process by: Developing a financial plan : A financial plan is a key component of any fundraising effort. If at are favorable to you.

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CFO Startups Cash Flow Forecasting Budgeting 40

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.

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CFO Data Analysis Analyzing Data Risk Management 40

Future CFO

JANUARY 25, 2024

These contradictory demands form paradoxes that are inherent in the CFO role.” Source: 2023 EY Global DNA of the CFO study The three challenges The 2023 EY Global DNA of the CFO study found three challenges for CFOs across Southeast Asia that arise from the evolving role. Respondents could select all areas that applied.

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CFO Finance Leadership Investments 94

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? Selecting the right accounting partner is a critical decision for any CFO.

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Accounting Problem Solving Compliance Communication 52

Future CFO

FEBRUARY 25, 2024

This is what Elif Kuralay , Retail & CP Industry Advisor at SAP , points out, saying that the right decision-making from CFOs paves way for continuous investments in growth platforms such as new sales channels, new business models, store modernisation, marketing and developing people.

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CFO SAP Finance Cash Management 52

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.

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Nonprofit Leadership Benchmarking Leverage 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.

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CFO Problem Solving Strategic Planning Forecasting 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.

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CFO Leadership Finance Problem Solving 52

Future CFO

OCTOBER 19, 2021

A 2020 Gartner CFO Survey found that nearly 3 out of 4 CFOs intended to shift at least 5% of their previously on-site staff to permanently remote roles post-COVID-19. CFOs should neither ignore these fresh vulnerabilities nor go it alone,” says Alexander Bant , practice vice president, Gartner.

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Securities CFO Risk Management Finance 52

The Charity CFO

APRIL 1, 2024

Implementing technology into your nonprofit accounting process can help solve a variety of issues—from tracking receipts to properly recording donations. In most cases, technology helps improve the efficiency and accuracy of nonprofit accounting. You’ll need to use the right technology systems to get these benefits.

Nonprofit 52

Nonprofit Accounting CFO Accounts Payable 52

Future CFO

JUNE 1, 2022

Rigid data silos have been replaced with more fluid methods of working as technology-enabled collaboration provides a comprehensive, company-wide, real-time overview for agility when plans change. Provide continuing education programs to build resilience and prevent resistance toward new technologies.

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Technology Financial Planning and Analysis (FP&A) Budgeting Leverage 52

Future CFO

MAY 15, 2024

Efforts to standardise reporting practices are also underway, and we see firms investing in technology to enhance their disclosure capabilities. In 2022 at the start of the euphoria around ESG, FutureCFO observed that CFOs in Asia showed keen interest in leading their organisation’s sustainability initiatives.

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Finance Auditing Compliance Leverage 98

Future CFO

MAY 20, 2024

FutureCFO: What excites you the most when you work with CFOs and finance functions? VW: What excites me the most is the constant evolution of the role of the CFO and the finance function—from value protection towards value creation. When I was first asked to consider the role of chief of staff, I had no idea what that meant.

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CFO Management Consulting Finance Communication 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

Financial Planning and Analysis (FP&A) 98

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

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. “With cloud technology, you take away the barriers of traditional enterprise infrastructure.

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Financial Data Auditing Financial Reporting 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

PYMNTS

OCTOBER 29, 2018

More than 670 professionals at mid-sized and large firms were asked about how they collaborate with human resources and IT departments, both areas of the enterprise that have significant impacts on financial management. 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

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. Technology and Tools Technology can be an absolute game-changer for nonprofit organizations. However, technology and financial tools are only as good as their implementation and use.

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Nonprofit Accounting Accounting Firms CFO 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.

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Economics CFO Leadership Financial Data 98

Spreadym

AUGUST 10, 2023

What is financial reporting software? Financial reporting software refers to specialized tools or applications designed to help organizations generate, manage, and present their financial data in a clear and organized manner. Formulas, forms, tables, and data arrays are centrally managed within the FP&A platform.

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

Future CFO

APRIL 3, 2023

The Covid-19 pandemic showed that one of the most valuable aspects of digital transformation is how it can support the CFO in navigating the current volatile landscape through increased agility. More broadly, there is a growing expectation that the CFO can analyse any major change or risk and its impact on the business.

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Finance Forecasting CFO Leverage 96

CFO Leadership

OCTOBER 10, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. With a large and diverse enough data set (e.g. a model could be trained to become an expert in finance and accounting.

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Finance Accounting Auditing IFRS 95

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.

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Nonprofit Budgeting CFO Finance 98

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.

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Leadership CFO Benchmarking Finance 98

Future CFO

AUGUST 21, 2023

Mark D McDonald “Just like any disruptive technology throughout history, AI will inevitably displace and replace some roles and skills, but new roles, skills, and opportunities will also emerge." What level of maturity in terms of experience at work and in the use of technology should a finance person have for AI to make a difference?

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Finance Compliance Data Analysis Leverage 98

Future CFO

SEPTEMBER 8, 2022

Acknowledging the many responsibilities that a CFO already has on his or her shoulders, Quentin Fouesnant , managing director for Asia-Pacific at FiscalNote ESG Solutions , there is a synergy to having ESG as one more responsibility. The CFO needs to make sure the company is financially sound and attractive to investors.

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CFO Finance Compliance Financial Data 98

KG Virtual CFO

JUNE 20, 2023

This service is provided by professional bookkeepers who can access and maintain the business's financial information from anywhere, without the need for physical presence. In today's fast-paced and technology-driven business environment, it is essential for small businesses to stay competitive and efficient.

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Financial Data Invoicing Cost Management CFO 52