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5 Ways to Mitigate the Accountant Shortage

CFO Leadership

Lessen the workload with technology Many accountants spend a large portion of their time doing basic, repetitive tasks rather than more strategic financial analysis. With the right technology in place, companies can lessen the accounting staffing needed, without sacrificing accuracy or compliance.

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Preparing Your Finance Organization for the New Era of AI

CFO Leadership

Many have since advanced to intelligent process automation (IPA) — RPA amplified with artificial intelligence (AI) — to streamline and improve more complex work, from tax and compliance reporting to financial statement reconciliation. The post Preparing Your Finance Organization for the New Era of AI first appeared on CFO Leadership.

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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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5 Excel-heavy Pain Points still Dragging down finance teams in 2024

The Finance Weekly

However, even with these advanced ERP systems and other third-party software products, most small to large businesses still must manually use Microsoft Excel (Excel) for financial analysis, reporting, and other activities. In this case, you will find that not all Excel-based data analysis software tools will be compatible.

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Where Can FP&A Career Path Take You?

Fpanda Club

This is true in all possible economic situations: in times of growth FP&A participates in setting business objectives, analyzing options of growth, assessing market opportunities and risks, while in times of recession FP&A can contribute to corrective action plans, cost-cutting and other initiatives to preserve company’s financial health.

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What Controllers Can Do to Help Leverage FP&A Solutions

The Finance Weekly

Compliance: Abide by laws regarding environmental regulations, financial reporting, etc. Complete data analysis (DA). In this way, the FC can provide high-detail, granulated financial analysis that can be used by the CFO for broader financial planning. Automation of previously manual tasks.

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Elevating tomorrow’s finance leaders today

Future CFO

According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. What makes for a sought-after chief finance professional (CFO)? These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances.