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Why Is Financial Analysis Important?

CFO Network

If you’re a business owner and you can’t easily answer these questions, there is a good chance you need to consider financial analysis. Financial analysis can help you get a better idea of your organization’s larger financial picture. What Is Financial Analysis?

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RStudio – a hidden gem for finance teams

CFO Dive

As a versatile tool, RStudio can be used in various ways to enhance financial analysis, modeling and decision-making processes.

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Finance lags other functions in AI implementation

Future CFO

Most finance functions are behind other functions in AI implementation. According to a survey of 130 finance leaders and 91 associates in administrative support functions by Gartner in June this year, 61% of respondents either have no plans for AI implementation or are still in the initial planning phase.

Finance 59
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Streamlining finance with automation

Future CFO

Finance automation technology integrates machine learning and artificial intelligence for use in areas such as financial analysis, payroll administration, invoice automation, collections action, and preparing financial statements. Which aspects of the finance function would you think will benefit most from automation?

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Preparing Your Finance Organization for the New Era of AI

CFO Leadership

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.

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The 5-Minute Guide to Nonprofit Finances

The Charity CFO

It’s a myth that all stakeholders need to be experts in every aspect of nonprofit finances. Even on nonprofit financial committees, some members may be skilled in accounting, others in banking, and others in investing or financial analysis. Because the basics of nonprofit finances are easy to grasp. .

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PodChat for FutureCFO: Finance as a strategic enabler through analytics

Future CFO

Digital transformation has elevated the role of the finance function from financial steward to enabled. The extended COVID-19 pandemic has upped the ante in the race to finance agility. Source: Financial Accounting Advisory Services (FAAS) | 7th Global Corporate Reporting Survey | February 2021, EY. Best practices.

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