Future CFO

JANUARY 4, 2024

When 2023 drew to a close, it is an imperative for all finance leaders to reflect on the various trends in the market such as the digitisation of processes and operations. This will serve as a guide for CFOs to embrace change, prioritise cost efficiency, and stay attuned to the ever-changing technological landscape.

Marketing 52

Marketing Leadership Economics CFO 52

Future CFO

APRIL 1, 2024

Editor’s note: What is it like to work with finance leaders in driving growth against the backdrop of the ever-changing business landscape and macroeconomic environment? Juvanus Tjandra (JT): At KPMG, I lead finance and corporate services transformation in the firm, with a focus on strengthening the performance of business functions.

Finance 52

Finance Risk Management Practice Management Budgeting 52

CFO Share

NOVEMBER 21, 2023

In the world of business finance, the terms “Cost of Sales” (COS) and “Cost of Goods Sold” (COGS) are often confused. Though they may sound similar, understanding their distinct meanings is beneficial for any business owner or manager.

Sales 52

Sales Cost Management Auditing Budgeting 52

Future CFO

SEPTEMBER 10, 2023

A common trait of many of the finance leaders FutureCFO spoke to during the course of the FutureCFO Excellence Awards 2023 , is the quality of leading by example – by guiding through example, they inspire others to be the best at what they do. Inflation and supply chain disruptions resulted in higher cost of doing business.

CFO 98

CFO Finance Leadership Concentration 98

Future CFO

DECEMBER 17, 2023

Spotting payment challenges As with the impact of the said changes in the finance team of an organisation, Metzger thinks that real-time payments are a challenge, albeit this is not the main hurdle for corporates. “I He notes that what matters for finance leaders is that they can optimise their liquidity position using such avenues.

Forecasting 90

Forecasting Finance Treasury Cost Management 90

Future CFO

JANUARY 2, 2024

Among the key findings of the survey include: Managing risks: Regionally, 51% of CFOs prioritise technology automation to manage risks, 38% focus on enhancing operational procedure monitoring, and 33% emphasise more aggressive cost management.

Economics 52

Economics Concentration CFO Invoicing 52

Future CFO

SEPTEMBER 17, 2023

“Growing economic optimism in advanced economies obscures an inconvenient truth: favourable conditions that have powered growth in the last decade are no longer present,” said Randeep Rathindran, distinguished vice president, research, in the Gartner Finance practice.

Economics 52

Economics Strategic Planning Finance Cost Management 52

Future CFO

OCTOBER 17, 2023

Seventy-six percent of finance leaders expect net profit growth, with just over half (52%) saying their organizations will grow profits by more than 5%. This trend toward speedy analysis is made possible by the growing use of advanced technology in finance departments.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Forecasting Finance 52

E78 Partners

OCTOBER 19, 2023

Our wide range of services include Interim Resources (including CFOs, Controllers, Accountants), Financial Planning & Analysis (FP&A), Managed Accounting, Finance Technology and Cost Management Solutions.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Leverage Cost Management 52

PYMNTS

MAY 21, 2020

MicroTech , which provides information technology services to government entities, is partnering with cost management tool CostPerform , in order to boost functionality for IT payment processes, according to a press release. MicroTech was formed in 2004 and has worked to help customers get the best value for financing their assets.

B2B 56

B2B Education Invoicing Budgeting 56

Spreadym

OCTOBER 13, 2023

Implement just-in-time inventory systems or consider dropshipping to reduce holding costs. Manage Debt Wisely: Review your debt obligations and their interest rates. Short-Term Financing: Consider short-term financing options, such as lines of credit or business loans, to bridge temporary cash flow gaps.

Cash Flow Forecasting 59

Cash Flow Forecasting Accounts Payable Forecasting Invoicing 59

PYMNTS

DECEMBER 18, 2019

Sage Intacct got its start as accounting software in Toronto and was created “by finance professionals for finance professionals,” the release said, adding the firm’s cloud-based tools enable both real-time decisions and long-term strategic planning.

Accounting 52

Accounting Nonprofit Strategic Planning Cash Management 52

KG Virtual CFO

JUNE 20, 2023

Cost Savings Virtual bookkeepers can analyze financial data to identify areas where a small business can cut costs, such as reducing overhead expenses or renegotiating contracts with suppliers.

Financial Data 52

Financial Data Invoicing Cost Management CFO 52

PYMNTS

JANUARY 29, 2020

Traditionally, CFOs come from accounting, and they’re known as people who can handle financing strategy, cost management, reporting needs and standards of accounting. After the 2002 Sarbanes-Oxley Act, companies would pick chief accounting officers as finance chiefs.

CFO 57

CFO Accounting Cost Management Finance 57

Future CFO

APRIL 22, 2020

A Gartner survey of 145 CFOs and senior finance leaders on April 12, 2020 revealed 51% of respondents said they were preparing for a revenue contraction of up to 30% this year due to the coronavirus pandemic. . In fact, recent data from another Gartner poll showed CFOs warming to the idea of remote working as a cost management tactic.”

Cost Management 40

Cost Management Investments Finance Planning 40

PYMNTS

NOVEMBER 30, 2020

The release stated the partnership will let companies pay costs via a credit card, while accessing on-demand liquidity alongside cost management tools. Nets will provide the full-scale solution with a corporate credit and debit solution using digital services, enterprise card management and security tools, the release stated.

B2B 64

B2B Invoicing Cost Management Currencies 64

Future CFO

APRIL 7, 2020

A Gartner survey of 317 CFOs and finance leaders on March 30, 2020, revealed that due to COVID-19 62% of respondents are planning some cuts to selling, general and administrative (SG&A) budgets in their organizations in 2020. Gartner recommends four cost management tactics: Think big. Source: Gartner (April, 2020).

Budgeting 52

Budgeting Leadership Finance Cost Management 52

The Charity CFO

MARCH 23, 2023

Statement of financial position As with the balance sheet, the statement of financial position is a snapshot of your nonprofit’s finances at a specific point in time. Functional classifications include program costs, management and general costs, and fundraising costs. Get the free guide!

Nonprofit 52

Nonprofit Accounting CFO Budgeting 52

Future CFO

APRIL 7, 2024

Editor’s note: Wei Zheng (pictured), Finance Director, Hays Asia shed light on what matters when it comes to leadership, how you can progress to become a leader, and the biggest challenge facing finance leaders today. This interview is part of FutureCFO’s Female Leadership in Finance Series. What’s your career goal now?

Finance 52

Finance Leadership Leverage Cost Management 52

CFO Network

SEPTEMBER 20, 2021

They use data provided by accountants and accounting software to advise businesses in areas including cost management, planning, analysis, accounting, controlling, productivity management, and more. An online CFO can also perform special financial functions like managing investor relations and performing audits.

CFO 59

CFO Auditing Cost Management Accounting 59

The Charity CFO

JUNE 7, 2023

It provides insights into cash generated from operating activities, investing activities, and financing activities. Statement of Functional Expenses Financial Uses Expense Analysis : Helps analyze and categorize expenses by their functional nature, such as program services, management and general, and fundraising. Get the free guide!

Nonprofit 52

Nonprofit Accounts Payable Budgeting Strategic Planning 52

Future CFO

APRIL 16, 2020

A Gartner survey of 317 CFOs and finance leaders on March 30, 2020 indicates that 74% intend to move at least 5% of their previously on-site workforce to permanently remote positions post-COVID 19. CFOs, already under pressure to tightly manage costs, clearly sense an opportunity to realize the cost benefits of a remote workforce.

Finance 52

Finance Planning Technology Accounting 52

Future CFO

AUGUST 2, 2020

Organisations that drove a 6% greater return on invested capital (ROIC) over three years are those built around factors such as unique competitive differentiator rather than external factors like competitive trends, compared to those with cost models focused on external factors such as competitive trends, the research firm noted.

Quantitative Analysis 40

Quantitative Analysis Budgeting CFO Investments 40

PYMNTS

MAY 8, 2018

CFOs surveyed agreed that technology could help with strategic spend management: 60 percent told researchers that they agreed process or technology improvement was key to improving cost management. Earlier research from Runzheimer, for instance, found that managers lack visibility into the spend of their mobile employees.

Corporate Finance 46

Corporate Finance CFO Risk Management Cost Management 46

PYMNTS

FEBRUARY 12, 2018

According to the survey, supply chain managers are forced to rely on information from the finance department to assess costs. The APICS and IMA also noted that supply chain executives are largely forced to rely on reporting systems oriented outside of their own departments that often oversimplify the costing analysis process.

Cost Analysis 48

Cost Analysis Finance Accounting Cost Management 48

PYMNTS

SEPTEMBER 24, 2019

This is why solar installation company Borrego Solar Systems is managing expenses with payment cards instead. Tom Skraby, the company’s vice president of finance, explained that expense management company Bento’s payment cards have helped its field-based workers avoid work-related expenses and kept projects moving.

Construction 40

Construction Invoicing Cost Management Treasury 40

PYMNTS

SEPTEMBER 20, 2019

The Playbook’s Deep Dive digs into how cost management solutions are enabling SMB in the construction sector to quickly issue wages and prevent workers from incurring out-of-pocket expenses and enduring a lengthy reimbursement process.

Construction 46

Construction Treasury Invoicing Budgeting 46

Future CFO

MAY 14, 2020

According to results of a Gartner survey of 161 finance executives on May 3, 2020, 25% plan to reduce staff in May and June, compared with 11%of respondents having plans to do the same in March. COVID-19 shifted the way work is done by most organizations overnight.

Finance 40

Finance Planning Investments Technology 40

PYMNTS

AUGUST 8, 2018

We had a great quarter, record revenue on the back of record originations — and with the success of some of our early cost management initiatives, we’re starting to see flow through to the bottom line. million goodwill impairment for the patient and education finance unit. Net loss widened to $60.9 million from $25.5

Education 40

Education Forecasting Cost Management Finance 40

The Finance Weekly

NOVEMBER 27, 2023

This ratio highlights the percentage of your sales, general, and administrative costs that aren't directly related to producing your product. These expenses may include miscellaneous office costs that can impact your profits. In general, a lower SG&A ratio is preferable, indicating more efficient cost management.

Budgeting 52

Budgeting General Ledger Concentration Benchmarking 52

PYMNTS

MAY 5, 2016

“I am pleased to welcome more corporate groups to join SWIFT,” said SWIFT Managing Director of Asia-Pacific Eddie Haddad. “We We have been working very hard to assist corporates of all sizes to reduce costs, manage risks, whilst increasing operational efficiency and visibility in all of their treasury operations.”

Treasury 40

Treasury B2B Cost Management Banking 40

PYMNTS

MARCH 30, 2018

The solution facilitates the integration of various back-office functions, including finance, marketing and Human Resources (HR). The company provides a B2B service to help the enterprise deploy various back-office processes without IT support by using its cloud platform.

Startups 46

Startups B2B Mergers and Acquisitions (M&A) Accounts Payable 46

Future CFO

FEBRUARY 7, 2024

From the ongoing global conflicts to the lingering effects of high inflation, corporate finance professionals are gearing up to navigate an environment marked by volatility and uncertainty. This trend is expected to persist into 2024, influencing strategic decisions and prompting a focus on cost management and expense reduction.

Treasury 105

Treasury Technology Cash Flow Forecasting Leverage 105

Planful

DECEMBER 8, 2015

Many Finance teams continue to employ approaches to planning, reporting, and analysis that lack the speed, flexibility, and ability to provide insight necessary to support their companies’ growth goals. But many Finance and performance management systems used by companies aren’t set up to support growth.

Finance 40

Finance Performance Measuring Budgeting Compliance 40

CFO Share

DECEMBER 2, 2022

Capacity reduction is a prudent form of cost management and brings immediate cash savings. Cost management can be self-defeating when expense reductions create quality issues like long wait times, lower product quality, or slower processing. When should I reduce operating costs? Avoid the Downward Spiral.

Restructuring 52

Restructuring Cost Management CFO Forecasting 52

E78 Partners

FEBRUARY 9, 2023

About E78 Partners E78 partners with portfolio companies and their financial sponsors to deliver enterprise solutions that improve the efficiency and performance of their finance operations. The company was founded in 2016 and has more than 350 senior professionals.

Compliance 40

Compliance Finance Cost Management CFO 40

Future CFO

DECEMBER 9, 2019

“CFOs tell us they have more demands than ever, but the surprise in this research is just how few activities differentiate the most successful operators from the rest of the pack,” said Peter Nagy, research vice president in the Gartner Finance practice. The CEO and Board. Customers and sales leaders.

CFO 40

CFO Construction Finance Cost Management 40