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Life sciences and biotech companies often make miracles happen, but the road from a spark of genius to a regulator-approved product isn’t easy. Getting to market involves investment, risk-taking, and strategic planning — all at a rapid pace.
Once upon a time, businesses were satisfied with creating an annual budget. You used your budget as a measuring stick to gauge performance against assumptions made months ago. You celebrated if you were on target; and if you were off the mark, you brainstormed ways to make up the difference. If your board asked you to run new numbers based on fresh assumptions, it took you days or weeks to create a new set of reports.
Startup Office Solution Finding the right turnkey office solution for your startup can be a serious challenge. With traditional office space, not only do you need to find the right location and space, but you also have the hefty costs to consider. In today post, you’ll learn about a turnkey office solution that has all […]. The post Turnkey Startup Office Solution – Builds Business Credit appeared first on Business Credit.
Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i
There's no doubt that the pandemic has brought with it considerable life sciences supply chain challenges , as part of a complex web of obstacles - to which the industry has responded with innovative solutions.
Customer Acquisition Costs and Customer Lifetime Value may be marketing KPIs, But CFO’s use these metrics in their everyday work. CAC and CLV (aka LTV) are essential components of business growth analysis. CFOs use CAC and LTV for forecasting revenue and planning cash flows. CAC and CLV are even useful for evaluating business trends and developing channel strategy.
Our Being Planful podcast has become a great forum for conversations about the people, processes, and purpose of finance, accounting, and FP&A. If you haven’t checked it out yet, you can scan our growing list of episodes here and subscribe using your podcast app of choice. On a recent episode (listen here), I was joined […]. The post Sales Commissions and Planning: Paul Barnhurst on the Being Planful Podcast appeared first on Planful.
From IAS Plus : The IFRS Foundation has released a general requirements prototype that is the proposal of the Technical Readiness Working Group (TRWG) for a general presentation standard of the ISSB. The TRWG was created in March 2021 to facilitate a running start of the ISSB. It was designed to integrate and build on the work of relevant initiatives focused on meeting investors’ information needs, with the purpose of providing technical recommendations for consideration by the ISSB.
Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.
EY’s new survey explores changes to KPIs under IFRS 17 and recommends actions insurers should take now. The post EY Global IFRS 17 KPI survey appeared first on FutureCFO.
The official deadline for the implementation of the Directive (EU) 2019/1023 on restructuring and insolvency was scheduled for 17 July 2021. Like many other Member States, Belgium availed itself of the possibility foreseen in the Directive to benefit from an extension of the implementation period by a maximum of one year. The Directive introduces the obligation to separate creditors into different classes for the purpose of voting on restructuring plans in order to prevent vulnerable creditors f
From IAS Plus : The IFRS Foundation has released a climate-related disclosures prototype that is the proposal of the Technical Readiness Working Group (TRWG) for the first thematic standard of the ISSB. The TRWG was created in March 2021 to facilitate a running start of the ISSB. It was designed to integrate and build on the work of relevant initiatives focused on meeting investors’ information needs, with the purpose of providing technical recommendations for consideration by the ISSB.
In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.
When most business leaders think “annual planning,” the mind jumps to conference rooms and white boards filled with numbers and projections. Important stuff, but incomplete for actually creating and achieving your goals. For that, you need vision to understand your values. What’s important to you as a leader? What’s important to your market?
As discussed in previous blog posts, the The Digital Solutions Economy ™ (DSE) is continuing to disrupt conventional customer engagement business models by shifting away from one-off sales transactions and toward subscriptions, bundling and multi-faceted relationships. DSE is already transforming many B2C markets and is also rapidly making inroads into B2B scenarios as well.
From IAS Plus : The IFRS Foundation has announced the creation of its new International Sustainability Standards Board (ISSB) that will develop a comprehensive global baseline of high-quality sustainability disclosure standards to meet investors’ information needs. In two separate consultations, the IFRS Foundation Trustees consulted on the demand for global sustainability standards and what role the Foundation might play in the development of such standards ( September 2020 ) and on proposed am
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
This post was co-authored by Cristina Silingardi , Vice President with vcfo , and Donna Zinsmeyer , Director of Operations with vcfo. 7 Leadership Practices that Make a Big Difference for Employees and Organizations. As we have celebrated our 25 th anniversary this year, we have also looked back at leadership practices that helped to make it possible.
The world’s most expensive city in 2021 is neither Singapore or Hong Kong though the former has overtaken the latter as the most pricey city in Asia. According to Economist Intelligence Unit (EIU)’s Worldwide Cost of Living Index, Tel Aviv tops the rank of the world's most expensive cities this year. World’s most expensive cities in 2021 according to EIU. 1.
by Rob Joseph, Director, BeaconCFO Plus. Risks Are a Part of Life for Your Business. Any problem that could occur on any given day—a legal issue, changes in the market, a natural or man-made disaster—is a risk to your business if it interrupts your daily operations. While we tend to associate risk with uncertainty and fear, you’ve probably heard some variation of the phrase, “No reward comes without risk.
Your SaaS firm is growing, and it’s time to hire a new CFO or to explore outsourced CFO services. In both cases, generic CFO interview questions just won’t cut it. To find financial leadership that’s as unique as your SaaS business, you'll need to ask targeted questions across four vital areas: Accounting, Finance, Fundraising, and Leadership.
Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.
Anaplan's Bryan Baum and Foodbuy Australia's Andrew Brightmore joined Reuters in a webinar to discuss supply chains' new challenges and ways to become more resilient and agile in an increasingly volatile world.
LONDON – 03 December 2021: ION, a global provider of trading, clearing, analytics, treasury, and risk management solutions for capital. The post ION Global Trading Platform named Derivatives Trading System of the Year at the FOW International Awards 2021 appeared first on ION.
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
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