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Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

The position of Chief Financial Officer has evolved significantly over the past few decades. No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making.

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Digital Transformation in Finance: How to Drive the Process

Spreadym

Cybersecurity : Strengthening security measures to protect sensitive financial data and transactions from cyber threats and ensuring compliance with regulatory requirements. Risk Management and Compliance : Implementing digital solutions to enhance risk assessment and compliance with regulatory requirements.

Finance 52
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Tips for cash management for a nonprofit organization

The Charity CFO

In a previous article, we discussed the benefits, risks, and compliance requirements of outsourcing bookkeeping for nonprofit organizations. Not only does it fulfill compliance requirements, but it also plays a crucial role in achieving the organization’s mission.

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From Necessary Evil to Mission Fuel: The Strategic Role of Nonprofit Financial Statements

The Charity CFO

Nonprofit financial statements. Is this just a necessary evil just to meet compliance requirements , and make sure there’s enough cash in the bank? Or can your financial statements be a lens to view your organization and fuel the mission? This analysis supports financial analysis, budgeting, and investment decision-making.

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What is Financial Planning and Analysis (FP&A)?

Spreadym

What is Financial Planning and Analysis or FP&A? FP&A is a process used by organizations to develop and manage their financial plans and make informed decisions based on financial analysis. Resource Allocation: Financial Planning and Analysis helps organizations allocate their resources effectively.

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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. 1] Robert Half and Protiviti are members of the Microsoft AI Cloud Partner Program.

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SMB Accountants Pull Data Integration To The Top Of Their Priority Lists

PYMNTS

While data integrations mean access to more data for financial professionals to analyze, they also raise issues in the world of compliance and data protection. Data security in FinTech solutions will also be an essential component of encouraging the traditional financial services market to participate in an open ecosystem.