article thumbnail

Modern Financial Reporting & Analytics: The Path to Business Success During Times of Volatility

Centage

Why Accurate and Granular or Detailed Financial Reporting is Imperative During Times of Volatility. Often, CFOs and executive teams put together a plan that represents a snapshot of what they believe will happen, based on the best data they have available at the time. Enter Modern Financial Reporting.

article thumbnail

How to Create Financial Reporting Dashboard for CFO

Spreadym

A financial reporting dashboard is a visual representation of financial data and key performance indicators (KPIs) presented in a consolidated and easily digestible format. This allows for a personalized view of the financial data. This helps identify trends and patterns that can inform future strategies.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Our Latest Innovation Makes Financial Reporting in Microsoft Office REAL Easy

Planful

Now finance teams can quickly build dynamically refreshed management and financial reports directly within Microsoft Excel, Word, and PowerPoint. With the click of a mouse, data can be instantly refreshed directly within Microsoft Office applications. Faster, Easier Reporting Inside Microsoft Office.

article thumbnail

Accelerating Financial Reporting, From Monthly Reports To Real-Time Analytics

PYMNTS

According to Kurt Rathmann, CEO and founder of SMB accounting firm ScaleFactor , the month-end close may be the traditional way of doing things, but it forces small business owners to examine data that, by the time a financial report is completed, is too old to be of much use. “The news is about 30 days old at best.”

article thumbnail

How Tech Can Help Uncover The Story Behind Financial Data

PYMNTS

.” Some experts are worried a similar trend can be seen within the financial functions of the enterprise itself, with automated accounting and forecasting capabilities now offered quicker and more accurately via robots than humans. The nature of financial reporting is to communicate facts aggregated using accounting rules.

article thumbnail

The evolution of accounting

Future CFO

Modern accounting software integrates seamlessly with diverse financial systems, automating tasks such as data entry, bank reconciliation, and invoice processing. Real-time Data Insights The advent of cloud-based accounting solutions has turned real-time financial data availability into a reality for businesses of all sizes.

article thumbnail

The future of sustainability reporting in the finance function

Future CFO

"It is absolutely critical businesses implement an accounting and reporting system for their ESG data that is as auditable, transparent, and reliable as their financial data accounting," Hasenoehrl says, "2024 is the year we have to start treating enterprise carbon data the same way we treat financial data."

Finance 52