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Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

The position of Chief Financial Officer has evolved significantly over the past few decades. No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making. Delegation and Empowerment: No CFO can do it all alone.

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What is Financial Planning and Analysis (FP&A)?

Spreadym

What is Financial Planning and Analysis or FP&A? FP&A is a process used by organizations to develop and manage their financial plans and make informed decisions based on financial analysis. Resource Allocation: Financial Planning and Analysis helps organizations allocate their resources effectively.

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From Necessary Evil to Mission Fuel: The Strategic Role of Nonprofit Financial Statements

The Charity CFO

This information is crucial for financial planning, budgeting, and identifying potential areas of revenue growth. It enables financial analysis to identify cost-saving opportunities, manage expenses, and ensure efficient resource allocation. This analysis supports financial analysis, budgeting, and investment decision-making.

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Tips for cash management for a nonprofit organization

The Charity CFO

Supporting fundamental financial processes By monitoring and maintaining your cash flow, you can set your organization up for easier and smoother financial reporting processes. It adds an additional layer of accountability, reduces the risk of fraud, and enhances the overall integrity of financial reporting.

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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.

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A Buyer’s Guide for the Top 10 FP&A Software 2022

The Finance Weekly

It’s the budgeting, financial forecasting, financial analysis, and decision-making that support an organization's health and strategy. Their solution covers structured and dynamic planning, consolidation, and reporting.