Centage

SEPTEMBER 28, 2022

Despite the basic truth that businesses need to be future looking if they hope to succeed, traditional financial reporting has typically focused on what’s happened in the past and present. To that end, most companies are gathering data on revenue, expenses, and other key ratios rather than predicting what’s coming down the pipeline.

Financial Planning and Analysis (FP&A)

Centage

MARCH 2, 2022

To achieve this, you need a cloud-based financial reporting software that can support frequent forecasting, scenario planning, and reporting. While accuracy in reporting remains a top priority for CEOs, efficiency and speed follow close behind. Financial Reporting & Analytics Made Easy. Learn More.

Financial Reporting

Future CFO

JULY 21, 2024

The finance team can make this possible through the management of associated risks with AI, as it plays a greater role in the accounting and financial reporting of businesses. Advice It is undeniable that the shifts and changes in the finance function make the way to success a more challenging one.

Finance

Centage

OCTOBER 14, 2021

Financial reporting is a critical task for any organization. Understanding where your actual financials stand in relation to budgets and projections is important to keeping your business on track and in helping to create new projections and budgets. When using spreadsheets for financial reporting, these errors are amplified.

Financial Reporting

Centage

JANUARY 4, 2022

Part of that effort requires a deep dive into the overall financial health of your organization. That includes analyzing key financial metrics as part of the financial reporting and analysis process to see where you are today to determine where you want to be tomorrow (and how to get there!).

Financial Reporting

CFO Leadership

OCTOBER 10, 2023

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. AI is a tool and not a replacement for finance professionals.

Financial Planning and Analysis (FP&A)

Centage

SEPTEMBER 27, 2022

Despite the basic truth that businesses need to be future looking if they hope to succeed, traditional financial reporting has typically focused on what’s happened in the past and present. To that end, most companies are gathering data on revenue, expenses, and other key ratios rather than predicting what’s coming down the pipeline.

Financial Planning and Analysis (FP&A)

Centage

SEPTEMBER 7, 2021

Finance needs to support sales leaders (in this particular instance) by continuing to ask why until you find an area to adjust and help. This is what only looking at traditional financial reporting is like. Finance at the Speed of Business. Which is why Business Intelligence is so important.

Finance

Future CFO

JANUARY 2, 2024

Access to Expert Advisors: By outsourcing accounting services, businesses have the ability to work hand-in-hand with experienced and skilled accountants who specialise in various aspects of financial management. This can lead to improved financial reporting, data analysis, and overall financial management.

Accounting

Future CFO

AUGUST 30, 2021

What makes for a sought-after chief finance professional (CFO)? According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances. David Jones.

Financial Planning and Analysis (FP&A)

Fpanda Club

SEPTEMBER 2, 2021

The growing variety and complexity of tasks within the finance function has resulted in the creation of a discipline that is supposed to become a bridge between the finance and business to support decision-making process by leveraging data and technology. This relates to FP&A which stands for financial planning and analysis.

Financial Planning and Analysis (FP&A)

Centage

NOVEMBER 22, 2021

Building and managing an effective budget and plan can be daunting no matter what industry, but financial planning for nonprofits can be particularly difficult. But understanding the financial impact of decisions is just the tip of the iceberg.

Financial Planning and Analysis (FP&A)

Jedox Finance

JULY 11, 2023

According to KPMG, 65% of international dealmakers believe ESG is a key consideration when making investments and in merger and acquisition decisions, 1 and EY reports that 99% of investors use ESG disclosures as a part of their investment decision-making.

Financial Planning and Analysis (FP&A)

Centage

JUNE 7, 2022

Once upon a time the role of CFO was focused on backward-looking data. However, these days, chief financial officers do a great deal more than financial reporting. Keep reading for best practices for impressing owners and employees alike as a new chief financial officer.

CFO

Future CFO

AUGUST 7, 2024

As the business world veer towards constant changes--be it on technological advancements, regulations and policies, or sustainability standards and initiatives, it is imperative that Finance leaders know their way. CFOs are often asked to oversee additional functions on top of traditional finance and accounting."

Data Analysis

Centage

SEPTEMBER 14, 2021

It replaces static spreadsheets with a cloud-based financial tool that gives role-based access to data in real time. Planning Maestro allows you to access historical, current, and future budget and forecast data in one place, with advanced features for data analysis and projections.

Budgeting

The Finance Weekly

JULY 19, 2022

FP&A software assists CFOs, finance leaders, and FP&A experts in ensuring the financial health of their organization by tracking and analyzing current outcomes and forecasting future performance. FP&A stands for "financial planning and analysis," and is the backbone of the modern finance department.

Financial Planning and Analysis (FP&A)

Future CFO

AUGUST 1, 2023

More than 50% of mid-size enterprises plan to automate analytics/BI through cloud applications in the next 12 – 18 months, highlighting the demand for financial reporting and analytics capabilities. This trend is driven by the need for real-time data analysis and insights to make informed business decisions.

Invoicing

Centage

JULY 25, 2023

This is because Excel is easy to use and personal finances often require simple formulas and data entry. To successfully budget, you need access to each data source and up-to-date data. Consolidating your financial data across several general ledgers quickly becomes complicated when you use spreadsheets.

Budgeting

Centage

DECEMBER 1, 2021

They’re focused less on benchmarking current performance to the predicted budget and instead want to leverage real-time data to understand what the future looks like. At the same time, the economy and the workplace continue to evolve, making data-based decision-making more critical than ever. Finance at the Speed of Business.

Forecasting

The Finance Weekly

JANUARY 21, 2024

When you’re making small-talk with someone who isn’t in finance or accounting about how work is going, and they answer with “busy,” do you ever question how hard it really is? spoke to 20 finance teams for research on this article. spoke to 20 finance teams for research on this article. These processes vary.

Financial Planning and Analysis (FP&A)

The Finance Weekly

FEBRUARY 21, 2024

This new product is making waves by seamlessly integrating the entirety of a finance department's operations into the familiar environment of Microsoft Excel, paired with cutting-edge AI capabilities. This feature addresses one of the biggest challenges in financial reporting and analysis: the siloed nature of data across different platforms.

Finance

Centage

OCTOBER 3, 2022

Disadvantages of Excel for Financial Forecasting While Excel is not necessarily bad for data analysis or financial forecasting, it may not be the best option available to your business. Limited Visibility To conduct financial data analysis, your business needs to test various hypothetical scenarios.

Forecasting

Centage

SEPTEMBER 5, 2023

Along with material costs, finance teams need to consider factors such as labor, storage, equipment depreciation, shipping, and rent or mortgage payments. Six: Free Up Time for Deeper Analysis This is another area where the right tool can make all the difference. Your analysis shouldn’t stop there.

Financial Planning and Analysis (FP&A)

Future CFO

JUNE 3, 2024

It is an undeniable fact that chief financial officers now must face matters on sustainability and dedicate ample time to understand the importance of sustainability reporting to harness potential benefits in operations and decision-making procedures.

Finance

Spreadym

OCTOBER 3, 2023

FP&A candidates typically have a background in finance, accounting, or a related field and possess a combination of skills and knowledge in financial analysis, modeling, and strategic planning. Financial Modeling: The ability to create and work with financial models is crucial.

Financial Planning and Analysis (FP&A)

Centage

MAY 23, 2022

Along with aiding in financial reporting, supply chain management, and budgeting, rolling forecasts play a key role in decision making. For more information on how to modernize your office of finance with intelligent planning , view our product demonstration video , or call 800-366-5111.

Forecasting

Adam Kae

JULY 17, 2023

At Adam Kae & Associates, we not only create financial strategies and financial systems for digital marketing agencies, but we are instrumental in helping successfully implement them. CFOAdam takes a holistic view of your finances because every decision you make impacts your finances.

CFO

CFO Share

JULY 27, 2023

As artificial intelligence (AI) continues to reshape industries, it will have a profound impact on the role of Chief Financial Officers (CFOs). The integration of AI in finance operations has already transformed the way CFOs analyze data, make decisions, and navigate complex financial landscapes.

CFO

Planful

JANUARY 11, 2022

To get you started, here are 5 ways you can use AI to transform finance and 5 ways AI can speed your move away from yesterday’s technology for a total of 10 tips you can put to work today. If AI or AI in Finance is a new concept for you, here are some other important terms to know: Artificial intelligence (AI): . Essential Terms.

Financial Planning and Analysis (FP&A)

The Finance Weekly

OCTOBER 13, 2021

Although all members of a finance team play a role in the integration and use of FP&A solutions, the influence of the Financial Controller (FC) is particularly important to note. Compliance: Abide by laws regarding environmental regulations, financial reporting, etc. Complete data analysis (DA).

Financial Planning and Analysis (FP&A)

The Finance Weekly

APRIL 28, 2024

These let you link up your accounting and finance software with all the top business apps out there. Quickbooks Online Overview QuickBooks Online is an accounting software that lets companies, big or small, handle finances from anywhere with an internet connection.

Financial Planning and Analysis (FP&A)

The Charity CFO

NOVEMBER 8, 2023

Data Analysis, Budgeting, and Resource Allocation Budgeting and resource allocation are essential for nonprofit organizations. To get these things right, data analysis has to be done correctly. Do You Struggle to Make Sense of Your Financial Statements? Get the free guide!

Nonprofit

Collectiv

JUNE 13, 2023

Data analysis is a treasure trove for non-profits. Solid processes around nonprofit data give you critical information to highlight unique aspects of your organization, boost morale, increase credibility, enhance transparency, and build community awareness to support your mission.

Nonprofit

Planful

MAY 27, 2015

It also included senior Finance executives from private equity companies as well as portfolio companies. Here’s some of the key points that panelists highlighted: Governance : Adopt public company standards – regular board meetings, financial reporting, auditing. Provide active leadership, execution.

CFO

Centage

SEPTEMBER 5, 2023

Along with material costs, finance teams need to consider factors such as labor, storage, equipment depreciation, shipping, and rent or mortgage payments. Six: Free Up Time for Deeper Analysis This is another area where the right tool can make all the difference. Your analysis shouldn’t stop there.

Financial Planning and Analysis (FP&A)

Centage

OCTOBER 3, 2022

Disadvantages of Excel for Financial Forecasting. While Excel is not necessarily bad for data analysis or financial forecasting, it may not be the best option available to your business. To conduct financial data analysis, your business needs to test various hypothetical scenarios. Limited Visibility.

Forecasting