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Real Talk: Is Outsourced Accounting Right for Your SMB?

CFO Network

Whether navigating tax intricacies or ensuring regulatory compliance, outsourcing offers a gateway to expert guidance and support. Effective Communication: Overcoming Barriers in Outsourcing Communication breakdowns pose another hurdle in outsourcing accounting services.

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A finance leader's guide for successful audit

Future CFO

Leverage technologies — Organisations must take advantage of innovative tools such as blockchain and artificial intelligence to unearth irregularities faster than human reviewers could detect them (and possibly before they become expensive compliance problems).

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Transitioning from In-House to an Outsourced CFO

CFO Share

An outsourced CFO takes over all the responsibilities of an in-house CFO such as: Manage financial risks Track and manage cash flow Plan the company’s financial strategy Ensure regulator compliance Manage accounting and financial staff Collaborate with executives to ensure the business is growing and profitable.

CFO 40
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Comprehensive Guide to FP&A Salaries

The Finance Weekly

Your Future in FP&A: Navigating the Varied Career Paths Typically, , Financial Planning and Analysis are integral parts of a comprehensive financial management system, which also includes accounting, revenue and cash flow management , governance, risk, and compliance (GRC), along with other core financial processes.

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For Suppliers, Buyer Risk Goes Beyond Late Payments

PYMNTS

separate codes of conduct, including the construction sector’s Construction Supply Chain Payment Charter , and an industry-agnostic Prompt Payment Code , both emerged in a climate of broad-ranging late payment behavior. At the core,” she continued, “there was inadequate governance to oversee and manage Code compliance.”.

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What it takes to be a leader with competence and capabilities

Future CFO

They are expected to have a vision and be able to communicate that vision. Often the right hand of the CEO, supporting him in strategic decisions, the CFO must be a big-picture thinker and detail-oriented simultaneously, especially for compliance and due diligence, among others, while being well-rounded with industry insights," he continued.

CFO 98
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SWIFT: The Road To ISO 20022 Adoption

PYMNTS

Cross-border payments are a fragmented space with disparate standards, service levels, and compliance and reporting regulations varying from country to country. To get the community on-board has meant working to communicate the benefits of adopting ISO 20022, which extend far beyond payment teams alone.