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

JANUARY 2, 2024

In the face of the severe economy situation and the internal and external challenges of enterprises, CFOs expanded role sees them leading transformation initiatives and increasingly turning to technology as an enabler. Seventy-seven percent of the respondents reported expectations of them had increased over the past two years.

Economics 52

Economics Concentration CFO Invoicing 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

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

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. This includes: Regularly analyzing cost structures.

Sales 52

Sales Cost Management Auditing Budgeting 52

Future CFO

DECEMBER 17, 2023

The payments landscape is not exempted from these shifts, what with the current talks of digital transformation and technological advancements. The rise of fraud As the payments industry reels from being forced into the changes in digitisation following the pandemic, one of the challenges faced by the finance team is the rise of fraud.

Forecasting 90

Forecasting Finance Treasury Cost Management 90

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) Forecasting CFO Finance 52

E78 Partners

OCTOBER 19, 2023

The rapidly evolving market trends, technological advancements, and regulatory changes require that CFOs stay ahead of the curve, continuously adapting their strategies and approaches to align with the changing industry landscape.

Financial Planning and Analysis (FP&A) 52

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

KG Virtual CFO

JUNE 20, 2023

In today's fast-paced and technology-driven business environment, it is essential for small businesses to stay competitive and efficient. Embracing technology, such as virtual bookkeeping, can help streamline processes, save time, and reduce costs.

Financial Data 52

Financial Data Invoicing Cost Management CFO 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

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.

B2B 56

B2B Education Invoicing Budgeting 56

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

Spreadym

OCTOBER 13, 2023

Debt Management: If your business has loans or debt obligations, manage them effectively by making timely payments and refinancing when advantageous. This includes investments in equipment, technology, or expansion. Implement just-in-time inventory systems or consider dropshipping to reduce holding costs.

Cash Flow Forecasting 59

Cash Flow Forecasting Accounts Payable Forecasting Invoicing 59

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 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

PYMNTS

MAY 8, 2018

“It’s critical that CFOs adopt a cloud-based strategy for business spend management that enables them to have visibility and control over their spend to make more strategic and informed decisions about their business.”. 1 threat to CFOs’ abilities to make a positive impact on their companies’ financial positions.

Corporate Finance 46

Corporate Finance CFO Risk Management Cost Management 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. Staffing challenges and technology adoption Staffing emerges as a central theme for corporate treasurers.

Treasury 105

Treasury Technology Cash Flow Forecasting Leverage 105

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. Companies are now operating in remote environments, with less staff to run key processes, and under immense cost pressure.

Finance 40

Finance Planning Investments Technology 40

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 20, 2019

The new service, known as LegalBill, enables SMB attorneys to improve their workflows and collaboration efforts and aims to help users transition away from paper-based methods and help users to more effectively manage invoices and track performance analytics.

Construction 46

Construction Treasury Invoicing Budgeting 46

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

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

PYMNTS

MARCH 30, 2018

Its platform provides proprietary cyber-risk analysis technology to corporate customers. The solution facilitates the integration of various back-office functions, including finance, marketing and Human Resources (HR). Kenna said it plans to use the funds to expand its team, focus on sales and continue innovation efforts.

Startups 46

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

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

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

PYMNTS

OCTOBER 18, 2016

That, Adelson noted, is another massive obstacle for SMEs that don’t always have the right banking and FinServ relationships to manage accounts receivable across platforms, both online and off. But automation in accounts receivable — including invoice generation and payment acceptance — is key to cost management, research says.

Accounting 69

Accounting Accounts Payable Invoicing B2B 69