Boston Startup CFO

APRIL 12, 2024

We will assist you in navigating the complexities of grant funding, ensuring proper financial management and compliance with funding requirements, providing accurate financial reporting, and maximizing the impact of your research and development projects, helping you secure continued funding and successfully advance your innovative initiatives.

Investments 40

Investments Finance Leverage Securities 40

CFO Talks

MARCH 14, 2024

We emphasized the importance of communication, setting priorities, and the initial avoidance of hasty decisions. The position of Chief Financial Officer has evolved significantly over the past few decades. This includes not just financial risks but also operational, regulatory, and strategic risks.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

CFO Talks

MARCH 19, 2024

By distilling these goals into a concise list and communicating them consistently—whether in formal presentations or casual discussions—the CFO ensures everyone understands and aligns with the finance department’s direction. This might involve enhancing digital finance capabilities or adopting sustainable business practices.

CFO 52

CFO Communication Finance Budgeting 52

Michigan CFO

JUNE 7, 2023

Understanding the Role of a CFO A CFO is a high-level executive responsible for overseeing the financial activities of an organization. Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team. What Do Virtual CFOs Do?

CFO 52

CFO Problem Solving Budgeting Communication 52

CFO Share

DECEMBER 13, 2023

Opportunities missed from late financial reporting. Leverage technology. Communicate effectively. The true cost of in-house bookkeeping isn’t just monetary—it’s the missed opportunities and the time lost. Lost hours managing, recruiting, and training bookkeeping and accounting employees. Install checks-and-balances.

Auditing 52

Auditing Communication Leverage Accounting 52

Fpanda Club

SEPTEMBER 2, 2021

The growing variety and complexity of tasks within the finance function has resulted in the creation of a discipline that is supposed to become a bridge between the finance and business to support decision-making process by leveraging data and technology. This relates to FP&A which stands for financial planning and analysis.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Budgeting 130

Collectiv

JUNE 13, 2023

Solid processes around nonprofit data give you critical information to highlight unique aspects of your organization, boost morale, increase credibility, enhance transparency, and build community awareness to support your mission. Let’s look at three ways to leverage Power BI for nonprofits so you can use your data effectively.

Nonprofit 52

Nonprofit Leverage Budgeting Analyzing Data 52

CFO Talks

MARCH 20, 2024

Strategist (Planner) , plotting the company’s financial future. These roles are vital for a company’s financial health and its direction. The Chartered Institute for Business Accountants (CIBA) leveraged the research as a foundation to develop its Chartered CFO designation.

CFO 52

CFO Compliance Performance Measuring Education 52

The Charity CFO

APRIL 18, 2024

For instance, working with a nonprofit accountant, like The Charity CFO, can help you reduce your risk of financial non-compliance. Nonprofit Technology Integration and Data Security One of the best things you can do for your nonprofit is to start leveraging data. Do You Struggle to Make Sense of Your Financial Statements?

Nonprofit 52

Nonprofit Compliance CFO Leverage 52

E78 Partners

NOVEMBER 2, 2023

For starters, PE investors demand a level of rigor, insightfulness, and timeliness around financial reporting and KPIs at a higher level of sophistication than the organization is used to. Leverage Due Diligence Process Reports. If not, move quickly to make changes.

Marketing 52

Marketing CFO Communication Finance 52

Bramasol

SEPTEMBER 29, 2023

The first is the Financial Accounting Standards Board (FASB) in the United States. The other is the International Accounting Standards Board (IASB), whose rules for financial reporting are known as International Financial Reporting Standards (IFRS). More details on climate issues below.)

IFRS 95

IFRS Technology SAP Compliance 95

The Charity CFO

JUNE 7, 2023

Stakeholder Communication : Serves as a transparent communication tool for stakeholders, including donors, board members, and grant-making organizations. It provides an overview of the nonprofit’s financial activities, highlighting its financial stability, sustainability, and the impact of its programs.

Nonprofit 52

Nonprofit Accounts Payable Budgeting Strategic Planning 52

Future CFO

MAY 2, 2023

Therefore, leveraging cloud-based automation can help the finance function streamline its internal processes to achieve greater accuracy in lesser time. Is the company looking to improve the accuracy of its financial reporting, or to increase the efficiency of its financial close processes?

Finance 52

Finance Benchmarking Leadership Communication 52

CFO Leadership

OCTOBER 10, 2023

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. Instituting a stable workflow environment around the technology can make the transition easier for everyone.

Financial Planning and Analysis (FP&A) 115

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

Future CFO

MARCH 1, 2023

Gartner says finance transformation encompasses strategic initiatives designed to revolutionise the way the corporate finance function manages its strategy, processes, internal controls, and financial reporting. This means overstated or inaccurate expenses are even harder to detect , putting companies at risk of fraud.

Finance 91

Finance Benchmarking Compliance SAP 91

The Charity CFO

MAY 8, 2023

This means being open and honest about your organization’s financial situation and how donations will be used and getting in the habit of regularly communicating with donors to keep them informed about your work and the impact of their support. Do You Struggle to Make Sense of Your Financial Statements? Get the free guide!

Nonprofit 52

Nonprofit Prioritization Communication Planning 52

Fpanda Club

FEBRUARY 1, 2021

Though some activities, such as financial reporting, budgeting and forecasting are periodic, they are always characterized by tough deadlines to be respected. Communication skills. Interaction and collaboration with each of them require juggling different behaviours and communication styles.

Finance 130

Finance CFO Communication Prioritization 130

The Charity CFO

OCTOBER 16, 2023

Keep a Strong Relationship in Perspective There are few things more vital to the success of a nonprofit than a good financial partner, so leaders should take the time and effort to maintain a strong partnership with their chosen bank. Do You Struggle to Make Sense of Your Financial Statements? Get the free guide!

Nonprofit 59

Nonprofit Banking Compliance CFO 59

Spreadym

JUNE 27, 2023

This includes analyzing revenue and expense trends, profitability, cost drivers, key performance indicators (KPIs), and financial ratios. Investor Relations and Stakeholder Communication: Financial Planning and Analysis supports effective communication with investors, shareholders, and other stakeholders.

Financial Planning and Analysis (FP&A) 52

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

The Charity CFO

AUGUST 7, 2023

AI is one of the easiest ways to create personalized donor experiences and targeted communication , vital pieces of cultivating and retaining donors. They can assist with communication, engagement, and support for donors freeing up your team’s valuable time. Do You Struggle to Make Sense of Your Financial Statements?

Nonprofit 52

Nonprofit CFO Communication Data Analysis 52

Bramasol

JULY 22, 2023

IFRS S1 requires companies to communicate the sustainability risks and opportunities they face over the short, medium, and long term. The CSRD is intended to revamp and expand information that was already required to be reported since 2017 under the EU’s existing Non-Financial Reporting Directive (NFRD).

IFRS 87

IFRS Accounting SAP Compliance 87

The Finance Weekly

APRIL 27, 2022

Set Firm Organizational Standards: As a leader, you have the power to define the company’s operational approach, values, and standards of conduct, expressing the expectations in value statements, company policies, ethical codes, and communications. Document Your Policies: Policies all require clarity, communication, and consistency.

Leadership 52

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

CFO Talks

JUNE 7, 2022

The Steward must ensure company compliance with financial reporting and control requirements. Communication/ presentation skills and executive presence. Steward Role & Competencies: Accounting, control, risk management and asset preservation are the proficiencies of the Steward. Corporate governance. Negotiation.

CFO 52

CFO IFRS Leadership Risk Management 52

Future CFO

MARCH 13, 2023

Wong added that it is important to have open communication and improved employee engagement to build trust. She also posited that the ability to prove to top management that financial reports and analyses have strategic relevance and value is just as important as it enables management to be better placed to define opportunities ahead.

Finance 98

Finance Financial Planning and Analysis (FP&A) Leadership Pharmaceutical 98

The Finance Weekly

FEBRUARY 8, 2023

He has also held financial leadership roles at Nuance Communications, Wyless, and Mimecast. Hakim previously served as CFO at Sequoia Vaccines and held positions of increasing responsibility at Lundbeck, a Copenhagen, Denmark-based company, ending as the Senior Vice President and Head of Human and Financial Resources for North America.

CFO 52

CFO Prioritization Finance Communication 52

The Finance Weekly

JANUARY 31, 2022

To execute and bring results, an FP&A leader must be able to influence and lead others by having strong networking skills, close collaboration with colleagues, coordination & effective communication with non-finance business functions and all stakeholders and ability to lead the enterprise in times of crisis.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leadership IFRS Budgeting 52

The Charity CFO

AUGUST 15, 2023

Accountants deserve positions that leverage technology to improve the department and the organization and when they don’t get that, it creates a challenge. It’s the accountant’s job to properly manage grant funds and ensure that they are meeting the grant guidelines and creating the proper reports.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

PYMNTS

OCTOBER 29, 2018

. “Part of the problem is that, in the past, functions have often pursued narrower goals, with people working in their silos, barriers emerging between departments and incompatible team cultures that can hinder understanding and communication.”

CFO 58

CFO Corporate Finance Finance Risk Management 58

Future CFO

JUNE 10, 2020

The role includes leading, directing and managing the finance team, advising on business and financial planning, providing strategic recommendations to the chief executive officer and the executive management team, and of course, managing the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting.

CFO 52

CFO Finance Forecasting Leadership 52

PYMNTS

FEBRUARY 5, 2018

.” Increasingly, MSPs are tasked with handling more financial data as well, from sources like invoices and payments of their customers. That, too, is a challenge for any business: EY research published in 2015 found that the biggest financial reporting challenges for CFOs is a lack of integration between IT systems.

Finance 43

Finance Financial Data Invoicing Communication 43

Planful

DECEMBER 28, 2016

To discuss the topic of financial reporting tips that will help create a smoother year-end close, Planful, in cooperation with CFO.com, invited thought leaders from The Hackett Group to participate in a webinar titled, The CFO Playbook on Financial Reporting: Tips for a Smoother Year-End Close. Communication gaps.

Benchmarking 40

Benchmarking Reconciliations Data Analysis Technology 40

Spreadym

NOVEMBER 16, 2023

The best features of FP&A software often include: Budgeting and Forecasting: These features allow organizations to create detailed budgets, forecasts, and financial plans. Users can input data, make adjustments, and project future financial scenarios. This ensures that financial data is accurate, up-to-date, and consolidated.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Planning Budgeting Financial Modeling 59

Spreadym

JULY 10, 2023

Post-Close Activities: After the books are closed, post-close activities may include archiving financial records, preparing management reports and analysis, conducting financial reviews, and initiating the next period's accounting processes.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

Spreadym

SEPTEMBER 27, 2023

This includes assessing financial risks, market risks, and operational risks. Collaboration and Communication: Effective communication and collaboration within an organization are critical for CPM. Risk Management: CPM also involves identifying and managing risks that could affect the achievement of strategic goals.

SAP 59

SAP Budgeting Forecasting Auditing 59

Planful

MAY 27, 2015

Here’s some of the key points that panelists highlighted: Governance : Adopt public company standards – regular board meetings, financial reporting, auditing. CFO coordinates communications between owners, CEO, operating management. Pursue acquisitions that provide value, add to and leverage the “platform”.

CFO 40

CFO Auditing Data Analysis Forecasting 40

Barry Ritholtz

SEPTEMBER 12, 2022

BITTERLY MICHELL: Not in leveraged, no, not at all, give more …. What does that mean in terms of financial slang. And obviously in Q2, a lot of financials reported and they talked about loan loss reserves very well in check, very healthy, and so I think that’s a trend that we need to keep an eye on. RITHOLTZ: Right.

Investments 114

Investments Marketing Profit and Loss Banking 114

Onplan

NOVEMBER 30, 2022

Our guide to the best FP&A tools compares each vendor based on five criteria: Adoption — How easy it is for users to adopt the technology and learn and leverage its full extent of features and capabilities. Adaptive is one option companies use for modeling, budgeting, forecasting, and financial reporting.

Financial Planning and Analysis (FP&A) 52

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