The Finance Weekly

JANUARY 18, 2024

The traditional definition of a CFO is that he or she is the senior manager of all things financial for a company or corporation. The CFO monitors the company’s cash flow, analyzes its financial health, suggests recommendations for possible improvement, and oversees the company’s financial accounting, including timely and accurate reporting.

CFO 52

CFO Communication Leadership Concentration 52

Onplan

DECEMBER 16, 2021

Accurate cash flow forecasting is essential. But if knowing your cash position is paramount, how do you forecast your cash position in the months and years ahead, and the impact of your investments or revenues on that cash position? In today’s post, we’ll go over five reasons behind the importance of accurate cash flow forecasting.

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting Prioritization Investments 52

Onplan

DECEMBER 16, 2021

Accurate cash flow forecasting is essential. But if knowing your cash position is paramount, how do you forecast your cash position in the months and years ahead, and the impact of your investments or revenues on that cash position? In today’s post, we’ll go over five reasons behind the importance of accurate cash flow forecasting.

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting Prioritization Investments 52

CFO News

FEBRUARY 14, 2024

Analysts expect demand for Cisco's products to remain under pressure, as clients in the telecom industry restrict spending, prioritizing clearing their excess inventory of networking gear.

Forecasting 52

Forecasting Prioritization 52

Michigan CFO

SEPTEMBER 29, 2021

In the world of manufacturing, where processes run thick and bottlenecks are known to arise, CFO services play a critical role in helping organizations steer towards efficiency, profitability, and longevity. The Evolving CFO Role in a Manufacturing Company. Using CFO Services to Overcome Challenges in Manufacturing.

Manufacturing 52

Manufacturing CFO Compliance Forecasting 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

CFO Talks

MARCH 14, 2024

Beyond the Basics: 7 Key Focus Areas for New CFOs 1. Introduction to the Evolving Role of the CFO In our previous discussion, we outlined the critical first steps a newly appointed CFO should take to establish a solid foundation within their organization. Activities that directly impact these objectives should take precedence.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

CFO Selections

MAY 12, 2023

There is a misconception that business services companies do not need to prioritize cash flow management in the same way that retail businesses do because they do not have the same kind of inventory demands. However, cash flow planning is just as important for service providers as it is for retailers because cash is the lifeblood of both!

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Cash Flow Forecasting Forecasting Prioritization Retail 52

CFO News Room

NOVEMBER 23, 2022

Other CFOs say their companies view the promotional environment as an opportunity to attract more customers. Below is a roundup of retail CFOs’ remarks on this topic during recent earnings calls. Katrina O’Connell, CFO, Gap Inc. Adrian Mitchell, CFO, Macy’s Inc. “We Wendy Arlin, CFO, Bath & Body Works Inc. “We

Retail 100

Retail CFO Prioritization Corporate Finance 100

Future CFO

MAY 31, 2023

S&P forecasts that Asia-Pacific will achieve real growth of 3.5% With reporting regulations continuing to evolve, and market certainty remaining unpredictable in 2023, how should the CFO, finance leaders and, indeed the entire, finance department work to ensure the team is able to meet expectations? will likely face recession.

Finance 98

Finance General Ledger Prioritization Auditing 98

The Finance Weekly

SEPTEMBER 22, 2022

Their finance team was spending 25% of their overall time exclusively on weekly forecasting. And at the same time, data shows that teams are no more accurate when forecasting weekly. Coming to the CFO and management with concrete data about a way to save time is every manager’s dream. 2) Identify where the problems lie.

Forecasting 98

Forecasting Prioritization Finance Investments 98

Fpanda Club

FEBRUARY 15, 2021

Planning and forecasting process delivers unreliable outcomes characterized by high volatility and low level of accuracy. Source: The CFO Reimagined: from driving value to building digital enterprise. Are today’s CFOs ready for tomorrow’s demands on finance? The CFO Reimagined: from driving value to building digital enterprise.

Finance 130

Finance CFO Prioritization Budgeting 130

Centage

APRIL 12, 2022

While over 60 percent wanted to focus on budgeting and forecasting, another 52 percent intended to invest resources into growth, acquisition, and reorganization. A further 39 percent planned to prioritize cash flow and funding activities and purchases. Top Priorities FP&A priorities for 2022 varied among finance leaders.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Budgeting Forecasting 52

The Finance Weekly

OCTOBER 9, 2022

According to , Jim Caci , CFO of software-as-a-service (SaaS) and data management platform provider AvePoint, the collaboration between finance and IT is essential for any company looking to grow. This type of software enables forecasting of KPIs like sales and profit in addition to keeping everyone informed wherever they are.

Finance 98

Finance Budgeting CFO Forecasting 98

KG Virtual CFO

OCTOBER 12, 2020

Utilize Financial Forecasting If you’ve never heard of financial forecasting, here’s a brief rundown. Financial forecasting can help you estimate your business’s future financial health by looking at past financial data and reports. Forecasts can help you estimate future income, expenses, profit, and cash flow.

Budgeting 52

Budgeting Cash Flow Forecasting Prioritization Forecasting 52

Fpanda Club

APRIL 18, 2022

Empathy map An empathy map is a simple but effective collaborative tool used to develop customer-centric mindset, better understand customers and their problems, prioritize them and offer solutions by keeping a customer’s point of view in mind. planning, reporting and analysis) are the products/services of the function.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Marketing Finance Forecasting 130

CFO Network

MARCH 11, 2024

SMBs should prioritize timely payment of invoices to maintain positive relationships with suppliers while taking advantage of any available discounts for early payment. Forecasting for Financial Resilience Forecasting and planning are essential components of effective cash flow management for SMBs.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Invoicing Forecasting 52

PYMNTS

OCTOBER 29, 2018

What emerged is a picture of CFOs prioritizing collaboration as part of their broader digitization efforts, with the rising need to look beyond financial data to reshape corporate finance. For example, 68 percent of CFOs said the biggest roadblock is that their CIO peers do not “speak the same language.”

CFO 58

CFO Corporate Finance Finance Risk Management 58

CFO Simplified

SEPTEMBER 16, 2022

5: Prioritize the Payments by Category. Prioritize your “can delay” payments, and start subtracting those. Your part-time CFO is ready to help you put together a cash management plan to take the uncertainty off your desk. The post Six Steps to Managing Your Cash Flow appeared first on CFO Simplified. Should Pay, or.

Accounts Payable 52

Accounts Payable Prioritization CFO Invoicing 52

The Charity CFO

MAY 19, 2023

Budgeting and forecasting: outlining projected income and expenses for a specific period, typically annually. Developing accurate financial forecasts can help nonprofit organizations anticipate cash flow fluctuations and plan accordingly, thus avoiding cash shortages, managing their financial commitments and allocating resources effectively.

Cash Management 52

Cash Management Nonprofit Compliance Budgeting 52

CFO Leadership

JANUARY 5, 2024

The intensity stems from the larger, more far-reaching implications of the make-or-break decisions CEOs and boards expect CFOs to make quickly. To support these activities, CFOs also are prioritizing investments that strengthen data models and data governance.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Profit and Loss Compliance CFO 52

CFO Leadership

OCTOBER 10, 2023

And research from Goldman Sachs forecasts that productivity improvements related to generative AI could deliver a 7% boost in global gross domestic product, while increasing productivity growth by 1.5% The post Preparing Your Finance Organization for the New Era of AI first appeared on CFO Leadership. over at least the next decade.

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Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

CFO Leadership

JANUARY 25, 2024

Research from Protiviti shows that CFO priorities are intensifying and converging. The intensity stems from the larger, more far-reaching implications of the make-or-break decisions CEOs and boards expect CFOs to make quickly.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Profit and Loss Compliance Finance 52

Beacon CFO Plus

DECEMBER 14, 2021

Our CFOs have gathered a few thoughts to help guide your thinking and suggest several key areas of focus for your small business: Improve your cash-flow forecasting. Consider working with an outsourced CFO who can help you get a better, more accurate picture of your company’s cash flow. Prioritize your recruiting.

Cash Flow Forecasting 52

Cash Flow Forecasting Leadership Prioritization CFO 52

E78 Partners

APRIL 13, 2023

To capitalize on these strategic choices, PE firms need to invest in a strong CFO office, personnel hires, processes and systems, and consider partnering with a transaction advisor to build a platform for successful roll-up strategies. E78 Partners offers finance and technology solutions for PE firms pursuing roll-up strategies.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leadership Forecasting CFO 52

The Finance Weekly

NOVEMBER 20, 2022

CFOs are no longer turning to the same old sources of inspiration when looking for quick solutions to workplace challenges. Finance directors in the past may have been persuaded to purchase software by clever advertising efforts or information they acquired at a CFO conference on the other side of the globe. Why you might ask?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Prioritization 52

CFO Share

MAY 22, 2024

Without clear financial statements, it’s challenging to understand your business’s financial health, forecast cash flows, and manage expenses effectively. Work with your accountant to prioritize the cleanup of findings from steps 2-4. Investors won’t have confidence in your business. Develop and execute a clean-up plan.

Profit and Loss 105

Profit and Loss General Ledger Accounting Financial Reporting 105

Future CFO

AUGUST 1, 2023

Supriya Deka: The general features of financial applications include accounting, reporting & analytics, bank reconciliation, billing & invoicing, asset management, budgeting & forecasting, financial risk management, expense tracking, and payroll management.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

SEPTEMBER 29, 2020

As a provider of back-office financial technology, it's vital to speak with chief finance officer (CFO) and finance executive end-users about what they need and which friction points are giving them the most pain. 1, they want to accelerate the transformation of how work gets done," Gupta told PYMNTS in an interview. AI Steps in to Help.

Cash Flow Forecasting 59

Cash Flow Forecasting Accounts Payable Invoicing Corporate Finance 59

CFO Talks

FEBRUARY 10, 2023

Overall I hope that the government doesn’t prioritize revenue collection over the well-being of its citizens, and avoids increasing VAT to combat the current energy crisis. The post SA Budget Speech 2023: What can CFOs expect? appeared first on CFO Club Africa. Let’s hope for more thinking in this vein.

Budgeting 52

Budgeting Profit and Loss Forecasting Prioritization 52

CFO Share

FEBRUARY 23, 2024

This can be achieved through: Optimal cash flow forecasting, allows businesses to plan payments around their expected cash inflows. Prioritizing payments, settling critical supplier invoices first, for instance. It involves aligning outgoing payments with the availability of funds, vendor importance, and related vendor negotiations.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Invoicing Prioritization 52

The Charity CFO

JUNE 7, 2023

Can help in identifying trends, forecasting future revenues and expenses, and making informed decisions about resource allocation, fundraising efforts, and program expansion. The Charity CFO specializes in nonprofit accounting and bookkeeping. Get the free guide!

Nonprofit 52

Nonprofit Accounts Payable Budgeting Strategic Planning 52

The Charity CFO

NOVEMBER 17, 2022

A well-crafted budget can be a powerful tool for decision-making, helping you to prioritize spending in line with your strategic goals. Ensure that all decision-making processes and rolling forecasts are documented for easier monitoring. The post Budgets for Nonprofits: Get ready for 2023 appeared first on The Charity CFO.

Nonprofit 52

Nonprofit Budgeting Forecasting CFO 52

PYMNTS

MARCH 1, 2018

28) said Adaptive Insights’ new chief financial officer (CFO) indicator report found CFOs agree that automation has lessened the importance of professionals’ need for Excel skills. Two years ago, 78 percent of CFOs said proficiency in Excel is the most important skill for their financial planning and analysis (FP&A) teams.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Analyzing Data Corporate Finance Reconciliations 40

CFO News Room

NOVEMBER 8, 2022

The result was still that outcomes would be very bad, but would not show up as quickly as originally forecast. But Limits was never meant to be a definitive forecast, and should not be judged as such. Conventional profit-prioritizing systems and technologies have changed, e.g., with resource efficiency innovation. Off-Limits?

Economics 100

Economics Forecasting Prioritization Technology 100

Fpanda Club

FEBRUARY 1, 2021

Young people usually choose their career in finance as it seems to be rather easy to measure success: there is a beaten path from an entry-level accountant/auditor or financial analyst to finance manager and later to CFO. New opportunities emerge in consulting with its developing CFO advisory services.

Finance 130

Finance CFO Communication Prioritization 130

CFO Share

MARCH 31, 2023

You can start forecasting and managing cash flow use by visibly seeing and knowing how many bills you must pay. How do I prioritize vendors with an AP aging report? The AP aging report can also indicate a company’s financial health over time.

Accounts Payable 52

Accounts Payable Accounting Prioritization Invoicing 52