Future CFO

DECEMBER 18, 2022

In the coming year, CFOs will be expected to focus on helping their companies build resilience – whether through critical decision-making backed by a real-time view of financial data, or ensuring competitive advantage with digital transformation and sustainability initiatives. Steering companies through the economic volatility ahead.

Economics 98

Economics CFO Leadership Financial Data 98

Spreadym

JULY 21, 2023

Key components of digital transformation in finance include: Automation and Artificial Intelligence (AI) : Implementing AI algorithms and robotic process automation (RPA) to streamline repetitive tasks, such as data entry, customer support, and fraud detection, leading to reduced costs and increased accuracy.

Finance 52

Finance Prioritization Compliance Leverage 52

CFO Leadership

OCTOBER 18, 2023

As AI permeates finance, questions about its compliance with audits and financial governance will arise. For instance, could financial statements generated by ChatGPT withstand audit scrutiny? Whether ChatGPT applications could pass a SOC-1 audit, a crucial certification for control over financial reporting, remains to be seen.

Finance 52

Finance Accounting Auditing IFRS 52

Future CFO

MARCH 1, 2023

To create more business impact, finance functions may need to reimagine their strategy, leadership, operating model, talent and/or technology ,” said the analyst. Quite often, however, complex and painful processes remain a major roadblock to compliance and active participation, especially around expense reporting.

Finance 91

Finance Benchmarking Compliance SAP 91

CFO News Room

DECEMBER 16, 2022

CFOs are some of the highest-paid finance professionals because they have experience and networks and excel at financial leadership. Financial Manager. Out of all the finance jobs available to college graduates, financial managers are some of the highest-paying, with high demand for workers in this field.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

Future CFO

JANUARY 3, 2024

Depending on the industry, there may be specific regulations and compliance requirements governing financial data. It's crucial to choose an outsourcing partner well-versed in the industry's regulations to avoid potential legal and regulatory issues.

Compliance 52

Compliance Finance Accounting Financial Data 52

Future CFO

NOVEMBER 15, 2023

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.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Compliance 52

Spreadym

AUGUST 17, 2023

A financial reporting dashboard is a visual representation of financial data and key performance indicators (KPIs) presented in a consolidated and easily digestible format. This allows for a personalized view of the financial data. Organize the dashboard into sections or tabs for different financial areas (e.g.,

Financial Reporting 52

Financial Reporting CFO Cash Flow Forecasting Budgeting 52

The Charity CFO

MAY 11, 2023

As regulations surrounding nonprofits can be incredibly complex, expert guidance on financial matters, including compliance with tax laws and regulations, is key. Many organizations are close to the heart of their leadership, and letting go can be difficult. Timeliness and Accessibility Access is another common fear.

Nonprofit 52

Nonprofit Communication Auditing GAAP 52

Fpanda Club

SEPTEMBER 2, 2021

Planning, budgeting and forecasting are linked together forming financial planning processes. Financial analysis is a type of economic analysis based on the financial data and focused on the assessment of stability and evaluation of profitability of a company, business or project.

Financial Planning and Analysis (FP&A) 130

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

Future CFO

SEPTEMBER 8, 2022

It's more than just a compliance process, think about how to embed sustainability within your business strategy." Fouesnant concedes that investors are asking for it, and therefore a company can no longer get away with just disclosing its financial data. Lastly, is getting companies to get past the compliance stage.

CFO 98

CFO Finance Compliance Financial Data 98

The Charity CFO

AUGUST 28, 2023

However, financially-minded folks are crucial for a variety of reasons. They can provide guidance on: Budgeting Investments Risk management Complex compliance and legal issue All are necessary for keeping the lights on and charting the organization’s path ahead.

Nonprofit 52

Nonprofit Problem Solving Finance CFO 52

The CFO College

AUGUST 31, 2021

They look for strong and experienced leadership, a good track record, a product that solves a problem and fills a high demand, and intellectual property that has a ton of value and is disruptive. Tracking Financial Data -- Reporting, recording, and storing all financial data for a startup can be overwhelming, if not a total mess.

Startups 81

Startups Accounting General Ledger Forecasting 81

Future CFO

OCTOBER 20, 2021

The CFO role requires certain traits and skills, said Woranat Dumrongsiri (pictured), Country CFO, Deloitte Thailand and Deloitte Laos during an interview with FutureCFO for the publication’s Female Leadership in Finance Series. The experience of working in the US in particular enhanced my leadership skills and informed my working style.

CFO 52

CFO Leadership Finance Problem Solving 52

The Charity CFO

NOVEMBER 23, 2022

They should demonstrate an extensive understanding of accounting and finance regulations and best practices for financial management in a nonprofit setting. . A bachelor’s degree in accounting, finance, or other related fields prepares them to analyze financial data and advise the nonprofit on financial decisions.

Nonprofit 52

Nonprofit Finance Strategic Planning Budgeting 52

Future CFO

NOVEMBER 27, 2022

Asked what value AI brings to the finance team, he opined that AI and advanced algorithms can help deliver insights on ways to boost financial performance. Sanjay Patil : AI helps automate transactions and allows finance organisations to make better decisions with the data. Sanjay Patil.

Finance 52

Finance CFO Compliance Auditing 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.

CFO 52

CFO Problem Solving Budgeting Communication 52

Future CFO

MARCH 7, 2021

The idea was born following a conversation I had with a fellow CFO who was having difficulties within her own organisation and was seeking advice to help overcome hurdles with the executive leadership team. While greater female visibility in leadership roles is undoubtedly a positive, a top-down approach alone won’t work in the end.

Finance 52

Finance SAP Leadership CFO 52

The Charity CFO

AUGUST 15, 2023

Compliance Like traditional accounting positions, nonprofit accountants have to ensure compliance with tax laws and regulations. Nonprofit accountants should also collaborate with program managers and leadership to create realistic financial plans.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

Planful

OCTOBER 19, 2021

To get c-suite buy-in, Hannan says it’s essential to recognize the metrics that matter to leadership. How well are we meeting our compliance requirements? With our cloud-based FP&A platform, Planful has native data access controls such as role-based security and workflows, audit logs and trails, and point-and-click security setup.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) CFO Auditing Communication 40

Future CFO

FEBRUARY 10, 2021

For Venkat Padmanabhan , president – Finance at Olam International, it comes to leadership. Data trust or integrity is another rising challenge. As CFO and the finance teams expand their data sources, especially when overlaying financial data with other data for better scenario planning and model analyses, data integrity becomes vital.

CFO 52

CFO Finance Auditing Treasury 52

PYMNTS

JUNE 14, 2016

The chief analytics officer must navigate an increasingly complex playing field of business risk, cybersecurity, financial data, employee data, and just data, period. PYMNTS: What role does data have in the evolution of payments and commerce? The numbers are the numbers – it’s the making sense of them that counts.

Leadership 40

Leadership Compliance Financial Data Numbers 40

CFO Leadership

JANUARY 5, 2024

Businesses can use it to generate product descriptions, performance goals with employee-specific target metrics, and narrative reporting to accompany financial data. More than 80 countries already require it, per tax compliance provider Avalara, and other areas, including the European Union, have plans for broad adoption.

CFO 97

CFO Invoicing Leadership Cash Management 97

Future CFO

SEPTEMBER 14, 2020

“Most FP&A professionals were aware of these gaps before the crisis, but the disruptions presented by COVID-19 have highlighted how vital a strong and dynamic financial system can support our rapidly changing business needs,” said Tricor’s Tam. He noted that this is not an FP&A problem but a leadership one.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Forecasting Planning Foreign Exchange 52

CFO Leadership

JANUARY 8, 2024

Businesses can use it to generate product descriptions, performance goals with employee-specific target metrics, and narrative reporting to accompany financial data. More than 80 countries already require it, per tax compliance provider Avalara, and other areas, including the European Union, have plans for broad adoption.

CFO 52

CFO Invoicing Leadership Cash Management 52

Bramasol

JUNE 10, 2022

One important side effect of the ongoing trend toward globalization is the need to comply with a range of different accounting principles as well as with disparate reporting and compliance mandates. Controlling (CO). Inventory Accounting (MM and ML).

Accounting Principles 86

Accounting Principles IFRS SAP Accounting 86

Future CFO

JULY 14, 2022

For example, companies operating in carbon-intensive sectors may face higher carbon taxes and other compliance costs, or find themselves becoming less viable to operate in the future economy,” said Lee Bing Yi , Sustainability & Climate Change Director at PwC Singapore.

Risk Management 98

Risk Management Compliance Strategic Planning Finance 98

CFO Leadership

JANUARY 25, 2024

Businesses can use it to generate product descriptions, performance goals with employee-specific target metrics, and narrative reporting to accompany financial data. More than 80 countries already require it, per tax compliance provider Avalara, and other areas, including the European Union, have plans for broad adoption.

CFO 52

CFO Invoicing Cash Management Forecasting 52

Collectiv

MARCH 14, 2022

When stakeholders distrust data, it negatively influences the process of reporting and analytics. Being PCI compliant is incredibly important if you are regularly dealing with credit cards and financial data. Another major roadblock in the data governance process is the problem of shadow IT. Poor Leadership.

Leadership 97

Leadership Risk Management Securities Compliance 97

CFO Leadership

MARCH 31, 2022

They need global structures, processes and policies that facilitate efficiency, visibility, control, security, and compliance. Improve security and compliance, while preventing fraud, and cyber risk. Cloud-based cash management solutions can help centralize, automate, and analyze global financial data, making cash visible again.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

Bramasol

DECEMBER 13, 2021

From Bramasol's perspective as a leading SAP partner creating business management, finance, and compliance solutions for over 25 years, here are five major areas that we are watching closely and helping our clients prepare to deal with in the coming year - and beyond.

SAP 52

SAP Compliance Profit and Loss IFRS 52

The Finance Weekly

OCTOBER 13, 2021

To alleviate this concern, finance teams should employ scenario modeling and financial planning tools to compare the immediate expense of the move to the long-term income potential. Make a financial reporting strategy. Consider the following questions: Will you transfer Company A's ERP system to Company B's?

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Economics Risk Management Reconciliations 52

Future CFO

OCTOBER 1, 2019

How does it support compliance with financial regulations? Pierre Bonnet: The finance function owns a part of the most important data of a company, more precisely all data hierarchies on which financial computations are achieved. How does MDM support the finance function?

Finance 52

Finance Financial Data Compliance Financial Reporting 52

Future CFO

JANUARY 12, 2021

Working capital and cash flow optimisation With uncertain times ahead, CFOs today must monitor the impact of price volatility, foreign exchange fluctuations, and interest rate changes, and be able to rapidly revise financial asset positions and protect against increased credit risks.

Foreign Exchange 40

Foreign Exchange CFO Compliance Reconciliations 40

Bramasol

MAY 6, 2022

Adopting standalone solutions to meet compliance requirements deadlines. Some of the ways that Digital Debt accumulates include: Merger & Acquisition deals that require integrating disparate systems. Departmental or regional level decisions on software implementation.

SAP 71

SAP Finance Reconciliations Leverage 71