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Evolving CFOs: Driving sustainable growth and cost-efficiency

Future CFO

Benjamin Soh, founder and managing director at Singapore-based ESG data and technology company ESGpedia , believes finance leaders are well-positioned to drive both sustainable growth and cost efficiency, given their oversight of financial strategy, risk management, and capital allocation.

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Benefits of Outsourced Telecom Expense Management

E78 Partners

This ensures their communication systems are optimized for performance and security. Outsourcing also enables internal teams to concentrate on essential business tasks rather than getting weighed down by the challenges of telecom management. Another contributing factor behind telecom outsourcing is the goal of reducing expenses.

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Banks shift from using AI for productivity to improving customer experience

Global Finance

Historically, banks have faced high-cost pressures exacerbated by their legacy systems. According to S&P Global Ratings, operational costs for European banks increased by over 4% annually from 2021 to 2023 , emphasizing the need for effective cost management strategies.

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Business tax planning during times of uncertainty

CFO Dive

Specifically, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), leveraged the Tax Code to drive economic support to businesses in the form of employee retention tax credits, increased interest expense deductions, and net operating loss carryback rules, among others. You can unsubscribe at anytime. TechTarget, Inc.s

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How Outsourced CFOs Help Small Businesses Avoid Financial Crisis

CFO Share

CFO responsibilities extend beyond mere bookkeeping; they encompass financial planning, record-keeping, financial reporting, and risk management. Proactive planning with a fractional CFO means affordable risk management during an economic downturn or cash crisis. You can learn more about fractional CFOs here.

CFO
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Thinking Beyond the Bottom Line with Strategic Accounting

CFO Plans

Discover how our strategic accounting services can embolden your financial strategy and risk management. Cloud-Based Accounting Software for Future Financial Management Gone are the days of manual bookkeeping and cumbersome spreadsheets. The startup was able to scale effectively while maintaining financial stability.

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CFOs as overseers of digital transformation

Future CFO

Jackson Ng Ng thinks the CFO oversees the implementation of robust financial controls and risk management strategies to safeguard the organisation throughout the transformation journey. Overlooking cybersecurity risks or neglecting to implement adequate safeguards can expose the company to potential threats,” Ng says.

CFO