CFO News Room

JANUARY 2, 2023

While not all of the failed firms are associated with fraud allegations like FTX, anyone who worked at these businesses could face a tough slog finding their next job. I worked with plenty of compliance folks who came from Lehman Brothers…Is it gonna be career-ending for some people? First step is to own it, really,” said.

Compliance 130

Compliance Communication Accounting Currencies 130

https://trustedcfosolutions.com/feed/

JULY 28, 2022

Reports and insights into what products are selling, what products aren’t, table turnover, staffing, overheads, and inventory are just a few of the many reports managers and owners need to be able to make informed business decisions that affect future growth and profitability. Top Accounting Challenges Restaurants Face.

Accounting 113

Accounting General Ledger Sales CFO 113

Collectiv

APRIL 10, 2023

How Does ChatGPT Work With Power BI? Think of ChatGPT as a tool to enhance the way you work in Power BI. Generate More Sophisticated Reports and Visualizations One exciting possibility for ChatGPT in the future is the ability to work not only with language but also with visual content.

Forecasting 72

Forecasting Budgeting Technology Securities 72

Future CFO

NOVEMBER 15, 2023

With disconnected spreadsheets, various individuals or teams might be working on different versions of the same data in isolation. FutureCFO spoke to Waty for her take on the future of spreadsheet use in Asia. Spreadsheet use remains a staple of many business functions. And why not? It is relatively easy to use.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Compliance 52

Collectiv

AUGUST 7, 2023

Enterprises must use the right reporting tools to generate insights and leverage vast amounts of financial data effectively. Generating accurate data-driven insights. Power BI quickly arose as a natural solution to the depth of insights that they needed to achieve. Delivering better, smarter, and faster real estate services.

Problem Solving 52

Problem Solving Budgeting Data Analysis Construction 52

Spreadym

AUGUST 17, 2023

Key features of a financial reporting dashboard include: Visual Representations : Dashboards typically utilize charts, graphs, tables, and other visual elements to display financial data in an intuitive and visually appealing manner. This helps identify trends and patterns that can inform future strategies.

Financial Reporting 52

Financial Reporting CFO Cash Flow Forecasting Budgeting 52

The Charity CFO

MARCH 29, 2024

However, looking at budgeted versus actual expenses can provide helpful insights into where your organization’s money is going. Regularly reviewing budget to actual reports can make it easier to form accurate and effective budget assumptions for the future. Do you know the financial health of your nonprofit organization?

Nonprofit 52

Nonprofit Budgeting CFO Prioritization 52

CFO News Room

NOVEMBER 2, 2022

That was the consensus among a recent gathering of parent and educator experts, focused on what matters most for student success this school year and into the future. That’s the story I would want them to tell so that we work toward those solutions. You can also view the full webinar here.). Heidi Shierholz. What can be done?

Education 130

Education Economics Securities Investments 130

CFO Leadership

JANUARY 28, 2022

As the effects of the coronavirus continue to reshape our world, 2022 will see several factors accelerating the shift to a more digital, hybrid future. In a Deloitte Insights global study of 441 executives across industries, 73% reported piloting or adopting AI in one or more of their business units. Mergers & acquisitions.

Mergers and Acquisitions (M&A) 96

Mergers and Acquisitions (M&A) Leadership CFO Planning 96

The Charity CFO

APRIL 9, 2024

So, naturally our conversation today will include many topics from the viewpoint of the financial statements, those within the organization that Maya is working with directly, and so much more. Who are Maya and her team working with directly within the 501c3 organization? To make it simple, let’s begin with the ‘who?’

Nonprofit 52

Nonprofit Finance CFO Accounting 52

The Charity CFO

JANUARY 12, 2024

After all, you can’t possibly predict: Who’s going to donate to your organization How much they’re going to donate Even when donations are going to happen Still, even as a nonprofit, having some sense of what your finances may look like in the future is crucial to your long-term success.

Nonprofit 52

Nonprofit Forecasting Budgeting Strategic Planning 52

Centage

JULY 19, 2022

Keep reading to learn how these budgeting approaches differ and determine which one is best for your company’s future goals. Top-Down Business Budgeting Conceived with the company’s future goals in mind, a top-down budget offers several advantages over a bottom-down approach. Of course, top-down budgeting does have its drawbacks.

Financial Planning and Analysis (FP&A) 111

Financial Planning and Analysis (FP&A) Budgeting Forecasting Data Analysis 111

Centage

OCTOBER 11, 2022

Managers and directors look at the kind of work in front of them and what their teams have previously done with little understanding of what they will need in the future. Workforce planning is important to meeting your organization’s strategic vision, but it’s something that many consider a kind of fortune telling.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Budgeting Forecasting 98

CFO News Room

DECEMBER 14, 2022

This is even true in the case of positive changes, such as a new job opportunity or relationship: Even though it might be very likely to make the person’s life better, it represents a departure from life as usual, and there is always the risk that the change won’t work out the way it was expected to.

Planning 130

Planning Numbers Communication Entertainment 130

The Charity CFO

FEBRUARY 7, 2024

For him, the journey truly started after he became curious about his son’s humanitarian and missionary work in Africa. Inturn, this would create more opportunities for the individuals in Africa to go to work, experience community engagement, and much much more. Can you imagine walking miles every morning, just to get water?

Nonprofit 97

Nonprofit Problem Solving CFO Economics 97

Spreadym

MAY 23, 2023

Cash forecasting refers to the methods and approaches used by businesses to predict and estimate their future cash flows. To forecast cash flows, companies can use a variety of tools that can include simple models in Excel spreadsheets and special business software that contain tools and features for cash forecasting.

Forecasting 52

Forecasting Cash Flow Forecasting Budgeting Accounts Payable 52

Centage

NOVEMBER 9, 2021

in the wake of the global pandemic and a drastic shift to remote/hybrid work, workforce planning has never been more challenging to manage. To better manage this large budget item, it’s important to capture detailed insight to guide more strategic and thoughtful decisions.

Planning 93

Planning Financial Planning and Analysis (FP&A) Budgeting Forecasting 93

The Charity CFO

FEBRUARY 27, 2024

Start with the certain revenue streams and work your way to the less certain (we’ll cover this in more depth later). Budget tracking is the process of monitoring your nonprofit’s income and expenses to ensure they stay within your planned budget. Think of your nonprofit budget as the financial roadmap for your organization.

Nonprofit 52

Nonprofit Budgeting Profit and Loss CFO 52

Centage

MARCH 2, 2022

To answer their questions, you need up-to-the-minute insight into your business and the ability to test “what if” scenarios on the fly. It can not only help you ditch spreadsheets for good but also transform the way your financial team contributes to the future of your business. Look to the future.

Financial Reporting 98

Financial Reporting Budgeting Forecasting Data Analysis 98

The Charity CFO

MARCH 31, 2023

Selecting an Audit Firm Once your organization has decided to obtain an independent audit, the real work begins. Taking steps to make sure that you are working with the right audit Firm is important. While they may not specifically state that an audit is required, this is a great way to fulfill that obligation.

Nonprofit 98

Nonprofit Auditing Compliance CFO 98

Spreadym

MAY 26, 2023

It helps automate and streamline the budgeting process by providing tools and features to input financial data, allocate funds to different categories, monitor expenses, and generate reports. Goal tracking: Many budgeting software solutions include goal tracking features, allowing users to set specific financial goals (e.g.,

Budgeting 52

Budgeting Forecasting Financial Modeling SAP 52

FISPAN

FEBRUARY 15, 2024

Prior to working at FISPAN, Chris worked as a Product Analyst, where she contributed to the development of a brand-new financial product. Prior to working at FISPAN, Chris worked as a Product Analyst, where she contributed to the development of a brand-new financial product. What drew you to FISPAN originally?

Finance 52

Finance Communication Technology Accounting 52

PYMNTS

SEPTEMBER 15, 2020

Monit says it brings together a company’s past accounting information with the aims, anticipations and “future-facing events” of an owner of a small to medium-sized business (SMB). The new Kabbage Insights offering came on the heels of the firm’s rollout of Kabbage Payments that also works with cash flows for SMBs.

Cash Flow Forecasting 56

Cash Flow Forecasting Forecasting Finance Numbers 56

Jedox Finance

OCTOBER 1, 2020

Having just gone through a severe crisis that saw everyone working remotely and using digital tools makes this transformation more relevant than ever. . Still, it would always involve most of the organization meaning the transformation becomes a way of working rather than a separate project.

Finance 141

Finance Problem Solving Reconciliations Investments 141

Centage

OCTOBER 28, 2021

Forecasting balance sheet and cash flow enables your leadership team to make the most informed decisions and help your organization “future proof” itself to survive as new market variables will inevitably occur. Working with accurate, complete data is incredibly important. Manage Every Dollar Yes, every dollar.

Cash Flow Forecasting 90

Cash Flow Forecasting Forecasting Budgeting Data Analysis 90

PYMNTS

AUGUST 24, 2020

Solutions such as Kubernetes and other containers — products that allow banks to more easily categorize, store and scale software and applications on the cloud — could therefore play crucial roles in banking’s digital future. The Royal Bank of Canada (RBC) is yet another FI eyeing the cloud to give its banking offerings a boost.

Banking 90

Banking Technology Financial Data Accounting 90

The Charity CFO

JUNE 7, 2023

Strategic Uses Financial Planning : Provides insights into the financial health of the organization. Can help in identifying trends, forecasting future revenues and expenses, and making informed decisions about resource allocation, fundraising efforts, and program expansion.

Nonprofit 52

Nonprofit Accounts Payable Budgeting Strategic Planning 52

Centage

MARCH 7, 2023

Evaluating the software means understanding what it can do for you today, tomorrow, and well into the future. After spending months evaluating features and software vendors, the last thing a team wants to do is wait months more to begin using it. So how are CFOs shifting their goals for 2023?

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Investments Budgeting Forecasting 98

The Charity CFO

AUGUST 7, 2023

The programs can automatically flag valuable insights from large data sets that may have otherwise gone unnoticed. Personalization and Donor Engagement Artificial intelligence can also provide a better user experience for critical funders and other partners who work with your nonprofit.

Nonprofit 52

Nonprofit CFO Communication Data Analysis 52

PYMNTS

SEPTEMBER 16, 2020

Having worked with Jonathan, I know that his creativity, keen sense of financial insights and drive for delivering payment innovation will greatly contribute to the growth and visibility of i2c throughout the European market,” said McCarthy in a statement. i2c Inc. ,

Banking 53

Banking Securities Marketing 53

PYMNTS

NOVEMBER 23, 2020

Back then, Edwards noted that mobile check fraud was escalating so much that some banks were shutting off the feature entirely. But the digital features of the mobile cashing or depositing of checks have proven to be attractive to fraudsters (and the paper checks, of course, are exceedingly vulnerable to fraud).

Technology 101

Technology Banking Securities Marketing 101

The Charity CFO

OCTOBER 9, 2023

It’s vital to get these right from the beginning or risk serious consequences in the future. Systems also allow improved forecasting and future planning, as well as making compliance and tax considerations far more straightforward.

Nonprofit 59

Nonprofit Accounting Profit and Loss Compliance 59

Centage

MAY 3, 2023

We are a faith-based organization works alongside 70 local partners to address opportunity gaps in academics, nutrition, physical activity, parenting resources, and more—all with the overarching goal to prepare and send every youth in the neighborhood to college or postsecondary education. all needed to be budgeted and planned for.

Budgeting 52

Budgeting Forecasting Nonprofit Reconciliations 52

Spreadym

JUNE 19, 2023

It involves monitoring, analyzing, and optimizing the flow of cash into and out of an entity to ensure the availability of sufficient funds for operations, expenses, and future growth. Identify patterns or trends in your cash flow and adjust your strategies accordingly to improve future cash flow management.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Accounts Payable 52

The Charity CFO

MARCH 28, 2024

Your analysis should show you where your accounting system is working for your organization and any gaps or areas of concern. Your nonprofit accounting system might not be the most exciting part of your organization, but it’s one of the most important aspects. However, effective accounting isn’t just about following rules.

Nonprofit 52

Nonprofit Accounting Budgeting Compliance 52

The Charity CFO

JANUARY 4, 2024

Imagine this: your nonprofit is busier than ever with fundraising events and field work to help make your community a better place. Many people who work in the nonprofit sector join an organization because they have a passion for the cause. They enjoy the mission and support the work the organization does in the community.

Nonprofit 52

Nonprofit Budgeting CFO Communication 52

PYMNTS

SEPTEMBER 30, 2019

The new service is being featured at the Mastercard Cybersecurity Summit in Croatia from Sept. Threat Scan simulates various fraudulent scenarios from Mastercard ’s “global insights into criminal behaviors.” Mastercard is continually working on ways to improve safety and security in both card-present and card-not-present transactions.

Banking 71

Banking Securities Technology 71