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Supporting finance teams' risk management processes

Future CFO

Providing support to an organisation's finance team is a must in intensifying the focus on risk management. In the Association of Chartered Certified Accountants' Rethinking Public Financial Management report, 73.4% of respondents believed risks to their organisations would increase in the future.

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What Controllers Can Do to Help Leverage FP&A Solutions

The Finance Weekly

CPM involves a greater emphasis on improving communication and business strategies within a company. Given its significance to C-suite positions, many organizations now have a department dedicated solely to strategy or performance management (occasionally merged with project management).

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The risks CFOs must face in 2024

Future CFO

By leveraging advanced analytics and cloud technology, CFOs can drive strategic insights, improve forecasting accuracy, and optimise cash management. With the proliferation of risks, such as geopolitical tensions and cyber breaches, CFOs and the executive team must practice agility and transparency.

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Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

We emphasized the importance of communication, setting priorities, and the initial avoidance of hasty decisions. They play a crucial role in strategic planning, risk management, and driving innovation, extending their influence far beyond the finance department.

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How CFOs must deal with China's economic slump

Future CFO

Enhanced Risk Management : CFOs should prioritise comprehensive risk assessments, focusing on the impacts of China’s debt situation on their business operations. Clear Stakeholder Communication : Transparency with stakeholders regarding the company’s approach to managing risks associated with China’s debt is key.

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FP&A best practices for 2024

Centage

Stronger interdepartmental communication and collaboration is a good benchmark to set as a best practice for this year. Here are some more key practices that leverage technology to enhance collaboration, streamline accurate forecasting and reporting, and unlock more time for high-value strategic analysis.

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Making the case for connecting the spreadsheet dots

Future CFO

Risk Management and Compliance CFOs need to ensure that their financial processes and spreadsheets comply with various regional and international regulations. This might involve implementing automated compliance checks and utilising tools that provide real-time alerts for potential risks.