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Fast-Track Your Financials: Techniques to Slash Your Month-End Close

https://trustedcfosolutions.com/feed/

Less Stress Leads to More Success: Why a Faster Monthly Close Is Key Faster and more accurate closing cycles ensure your advisors, CFOs, and controllers have up-to-date financial data to base important decisions. Regularly reconcile accounts: Instead of waiting until the end of the month, reconcile your accounts regularly.

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Making the case for connecting the spreadsheet dots

Future CFO

Ervina Waty : Here are some key changes that CFOs might need to put in place: Enhanced Data Governance and Quality Control CFOs should implement stronger data governance practices to ensure the accuracy, consistency, and integrity of financial data.

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AI in the finance function

Future CFO

As a profession we have made significant progress over the years leveraging technology to streamline how we manage historical data and more recently, leveraging analytics on predicting outcomes. To make generative AI reliable, it must be accurate, scalable, and adaptable.

Finance 98
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Digital Transformation in Finance: How to Drive the Process

Spreadym

Digital transformation in finance refers to the process of integrating digital technologies and innovations into all aspects of financial services and operations within a financial institution or organization. Data-driven decision-making enables more informed and precise financial strategies.

Finance 52
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Leading the Way: 5 Tips for January’s New CFOs

The Finance Weekly

He has also held financial leadership roles at Nuance Communications, Wyless, and Mimecast. To stay ahead of the curve, CFOs must , embrace technology and invest in digital transformation initiatives that drive innovation and efficiency in financial management.

CFO 52
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The Changing Role of CFOs in a Technology-Driven World

Bramasol

They are expected to provide financial leadership and insight into the organization's strategic direction. This involves not just managing financial data but also interpreting it to guide decision-making. The Big Picture View CFOs are increasingly seen as strategic partners to the CEO and the board of directors.

IFRS 95
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3 Corporate Governance Issues and How To Overcome Them

Planful

From there, you can decide how to leverage your financial acumen and recommend the best way forward. A cloud-based system for financial planning and analysis (FP&A) can have governance built in its deployment model by IT teams. What value are we getting from our investment in a secure technology?