October, 2021

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5 Strategies to Build Business Credit Easily and Quickly

Business Credit Blogger

Build Business Credit In today’s post we share five key strategies for building business credit easily and quickly. These five strategies provide a fast and efficient way to establish your business credit file with major business credit reporting agencies. If your new to building business credit it’s important to recap on why it’s an essential […].

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Why It’s Time for Finance to change

Jedox Finance

Ask finance and accounting professionals if they would like to do more value adding work and you’ll hear a re-sounding “YES!” Ask them why they are not just doing it already and most often you will hear “I don’t have time”. This is like a chronic disease of the finance function but unlike most chronical diseases this one has a cure! To change the mindset of CFOs and their finance function from “a cost center to becoming a profit driver” as we discussed in a previous article, “Exploring the minds

Finance 119
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The ultimate guide to zero-based budgeting (ZBB)

Anaplan

What is zero-based budgeting (ZBB)? Zero-based budgeting (ZBB) is a methodology to help align company spending with strategic goals. Its approach requires organizations to build their annual budget from zero each year to verify all components of the annual budget are cost-effective, relevant, and drive improved savings. Implemented effectively, ZBB is a cost discipline enabling […].

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Why is Oracle EPM Cloud so Groovy?

Qubix

Have you ever wondered what Groovy is and what makes it so crucial to enhancing the depth and breadth of Oracle Enterprise Performance Management Cloud capabilities? This blog explains what Groovy is, why it matters, and what problems it can solve for your business.

Finance 98
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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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3 Corporate Governance Issues in 2021 and How To Overcome Them

Planful

CFOs play a vital role in informing the board’s corporate governance. It’s the CFO’s responsibility to consider the best interests of both the organization and its stakeholders when evaluating the company’s finances. The person in this role should provide the board the financial knowledge needed to set the company’s larger strategy. As Jonathan Joyce, who […].

Finance 97

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The Benefits of Hiring a Fractional CFO for Cannabis Business

CFO Share

A report by the Cannabis Business Times found the top three business related challenges to the industry were competition/declining prices, compliance, and financial management. How do you tackle these financial hurdles without an experienced CFO? Like all business owners, you want your cannabis business to prosper and grow. With no government funding or protection, a cannabis business’ management team is vital to the success of the business.

CFO 96
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How CFOs can transform to Finance 4.0

Jedox Finance

Change is happening in Finance, and we have outlined both how the mindset should change and how to create time and energy for doing more value-adding work. However, knowing that change should happen and making the change happening are two very different things. Especially if you are a CFO and looking at your finance function and thinking how you can transform it to Finance 4.0.

Finance 98
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Forecasting on a House of Cards: Why You Need Synchronized Financial Statements for Cash Flow Forecasting

Centage

While businesses have adjusted to operating during a global pandemic there is still so much uncertainty. Is now the time to move forward with that planned investment? What about workforce considerations? What decisions need to be made about discretionary expenses? Dynamic market conditions may not be anything new but navigating the current business environment and its unprecedented unpredictability has shined a spotlight on just how critical cash flow forecasting is to an organization.

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Hot-Tip: Watch New Video Overview of the Digital Solutions Economy

Bramasol

New Video on the Digital Solutions Economy. You have probably already heard terms like “solutions economy” and “subscription economy” but these don’t really capture either the breadth of industry applications that are being disrupted or the full scope of related process changes that are needed to create dynamically scalable and manageable systems for market success.

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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How To Prepare for Financial Risk With Continuous Planning

Planful

A CFO should do everything in their power to avoid events that would damage their company’s finances. Yet, many CFOs are risk-averse to a fault. Ernst & Young’s 2020 DNA of the CFO survey revealed that finance teams in private organizations “are seen as too risk-averse and cost-conscious.” These risk-averse CFOs often shy away from […].

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Sustainability, ESG, and the Future of Investing: A Review

CFA Institute

This curated collection of Enterprising Investor 's ESG coverage showcases the key sustainability issues through the perspectives of both ESG proponents and critics.

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How Banks Can Protect Themselves from Losing Customers

FISPAN

It wasn’t long ago that banking customers would remain loyal for life. That’s not because they were happy with their service – many just didn’t have a choice. Historically, financial institutions have made it difficult for people to open accounts elsewhere, and there wasn’t much of a differentiation between what banks offered anyway. Over the last few years, and even more so since the pandemic has gravitated to increasingly digital experiences, that’s started to shift.

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Exploring the mindset of CFO 4.0

Jedox Finance

“What got you here won’t get you there” is a popular saying and CFOs around the world have long since realized this. However, creating the actual change needed to “get us there” is not taking place at the speed required. The WHY is understood but the WHAT and the HOW is where the going gets tough. In a recent post “Behold the Emergence of CFO 4.0” , we explored the emergence of CFO 4.0 and outlined five key changes for CFOs and their finance teams to make to get into the future.

CFO 98
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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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How to Benchmark Your OpEx Profile

The SaaS CFO

When I review a SaaS P&L for the first time, I take a high-level approach to understand the financial health of the business. I break the P&L into two sections, the “top half” and the “bottom half.” The top half contains revenue, COGS departments and our gross profit. The bottom half contains our operating expenses […]. The post How to Benchmark Your OpEx Profile appeared first on The SaaS CFO.

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Hot-Tip: Managing End-to-End Cash Flow for DSE

Bramasol

The Digital Solutions Economy™ (DSE) is radically changing how companies engage with their customers across many different industries. This Hot-Tip takes a quick look at how DSE impacts cash flow processes and explores both the key trends and the actions you can take to integrate and optimize your end-to-end cash management. Watch this short video learn more: Learn more by registering for this webinar.

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ASC 842 and Lessor Accounting: The Adoption Clock Is Ticking

Embark With Us

If you surveyed financial leaders on what's top-of-mind these days, lease accounting would probably make the top ten. Maybe top three. But it’s well-warranted given how much of a curveball ASC 842 has thrown at financial organizations and already bleary-eyed accountants, particularly with the adoption deadline for private companies right around the bend.

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Modern Variants of Capitalism, Part 1: Classical Capitalism and Shareholder Capitalism

CFA Institute

Today, capitalism knows four configurations, Sebastien Canderle writes. The two examined here are inherited and adapted from previous eras.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Employee Spotlight: Meet Nigel Bateman

FISPAN

In this month’s issue of our Employee Spotlight series, we’re getting to know FISPAN’s Technical Pre-Sales Manager , Nigel Bateman. Nigel joined FISPAN three years ago, having previously worked in both Technology (Financial Services) and Management Consulting at Accenture. Since then, Nigel has worked his way across several business areas at FISPAN — today, he’s an integral part of our Sales and Strategy team.

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The Evolving Role of FP&A: The Value of Extended Planning

Jedox Finance

The role Financial Planning & Analysis plays within an organization has always been vitally important. At a recent CFO Magazine Australia event on the 'Future of Finance,' three industry professionals using Jedox shared how FP&A has supported their organizations through very challenging times.

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Month-End Close: How to Speed Up the Process

Planful

If you work in finance, you’ll probably agree that speeding up the headache that is the month-end close wouldn’t be such a bad thing. Who could argue with fewer days spent in consolidation, forecasting, and reporting? But a speedy month-end close isn’t just good for accounting—it’s also good for the business. According to Ventana Research, […].

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Business workflow automation: What are companies’ priorities?

Future CFO

When it comes to business workflow automation, which ones do enterprise executives think are the most important and deliver the greatest value? Accounts payable, transaction processing, and bank statement processing are the top three priorities in terms of business workflow automation , according to a global survey of 800 executives by Kofax. Survey highlights.

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Accounting Software and ERP Readiness Guide

In this white paper, we explore the factors to consider in deciding whether the time is right for your Company to consider a new ERP or accounting software, the total cost of ownership and plans necessary to make the potential leap to these systems.

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Hiring a Virtual Phone Concierge

Capital CFO LLC

Today’s business and office environments are remote, adaptable, and flexible. The virtual phone concierge came about in response to our clients’ request for remote working environments and the need to […]. The post Hiring a Virtual Phone Concierge appeared first on Capital CFO.

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The Next Big Thing: The Age of Fintech, AI, and Big Data

CFA Institute

To celebrate Enterprising Investor ’s 10-year anniversary, Larry Cao, CFA, curates our collection of fintech, AI, and big data coverage.

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Why Banks Must Put the Customer Experience First

FISPAN

There’s a good reason why Apple is considered the world’s most admired company and it’s not all about its actual products. Yes, the iPhone has dramatically changed our lives, but the real reason why people come back to the business time and time again is because of one thing: the customer experience. Over the years, Apple has spent a lot of energy on keeping its customers happy and engaged.

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Accounting for Asset Acquisitions vs. Business Combinations: Sweat the Details

Embark With Us

In accounting, something that looks like a duck and quacks like a duck isn’t necessarily one of our fine feathered friends. Nothing proves that point better than the subtle but crucial differences between an asset acquisition and a business combination. And needless to say, it behooves you to understand those oh-so-important differences when there’s a transaction on the horizon.

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PowerPoint Best Practices for Creating Stellar Presentations

Mastering data visualization in PowerPoint will help accelerate your career because it positions you as someone who can present data that drives business decisions forward. think-cell's PowerPoint Best Practices eBook was created specifically for professionals aiming to master the art and science of data-driven storytelling. What’s inside: Practical Insights: Uncover valuable tips for crafting engaging and persuasive presentations.