CFO Plans

MAY 16, 2024

Here’s how SaaS accounting software is revolutionizing financial management and why it’s essential for CFOs. Discover SaaS Accounting Solutions Now Real-Time Financial Data for Informed Decision-Making One of the standout features of SaaS accounting platforms is real-time access to financial data.

Accounting 52

Accounting Compliance Manufacturing Financial Data 52

Centage

JANUARY 17, 2023

Your budget vs actual statement is exactly that – an important part of a business’s financial reporting that shows, for a period of time, what your actual income and actual expenses look like compared to what you thought they would. Did manufacturing costs increase? Did commission payouts plummet? Was it a salesmanship issue?

Financial Planning and Analysis (FP&A) 98

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

CFO Plans

JUNE 14, 2024

Cloud-Based Accounting Software for Future Financial Management Gone are the days of manual bookkeeping and cumbersome spreadsheets. These tools provide real-time access to your financial data, enabling you to make informed decisions quickly.

Accounting 52

Accounting Manufacturing CFO Tax Planning 52

CFO Plans

SEPTEMBER 24, 2024

Take, for example, a tech startup that used virtual accounting to manage its finances remotely, saving on overhead costs and allowing for real-time financial tracking. These services can help you keep track of expenses, manage payroll, and ensure accurate financial reporting, all while keeping costs down.

Tax Planning 52

Tax Planning Accounting Planning Budgeting 52

CFO Talks

SEPTEMBER 13, 2024

While based in Bologna, we’ll visit car manufacturers like Ferrari, Lamborghini, and Ducati as part of a mini-MBA program. Past tours have led to real business deals, such as when one of our members signed a distribution agreement with a Mexican car parts manufacturer. There will also be trips to Florence, Venice, and possibly Milan.

Finance 97

Finance Auditing CFO Leadership 97

CFO Plans

AUGUST 9, 2024

By leveraging the expertise of seasoned financial professionals, companies can gain strategic insights without the overhead costs of a full-time CFO. For instance, a mid-sized manufacturing company saw a 15% increase in profitability within a year of engaging an outsourced CFO who streamlined their budgeting and forecasting processes.

Accounting 52

Accounting Tax Planning CFO Startups 52

CFO Plans

MAY 2, 2024

Whether you operate in technology, hospitality, manufacturing, trading, or property management, ensure that your chosen partner has a deep understanding of your industry’s unique challenges and opportunities. This knowledge will be invaluable in developing tailored financial strategies that fit your business perfectly.

Accounting 52

Accounting Problem Solving Communication Compliance 52

CFO Plans

SEPTEMBER 24, 2024

Platforms like QuickBooks and Xero provide real-time insights into financial data, enabling more informed decision-making and efficient tax preparation. This accessibility ensures that business owners and financial advisors can collaborate seamlessly, leading to more effective financial planning and tax strategy formulation.

Tax Planning 52

Tax Planning Compliance CFO Risk Management 52

CFO Talks

AUGUST 21, 2024

Practical Example: A South African manufacturing company, expecting a possible rise in inflation, bought its raw materials in advance. Following local tax laws, international financial reporting standards (IFRS), and other rules is essential but challenging.

Corporate Finance 52

Corporate Finance Finance Cash Flow Forecasting IFRS 52

Centage

NOVEMBER 1, 2023

Your budget vs actual statement is a crucial part of a business’ financial reporting. The budget portion of the statement comes from a financial plan. How do you get started with a budget v actuals report? Did manufacturing costs plummet? Or were the materials for manufacturing available sooner than expected?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Manufacturing Planning 52

CFO Plans

AUGUST 23, 2024

Collaborative Accounting Solutions Outsourced Accounting Solutions Fractional CFOs often work in tandem with outsourced accounting solutions providers to ensure accurate and timely financial data. This collaboration streamlines accounting processes, reduces errors, and provides a clearer picture of financial health.

CFO 52

CFO Tax Planning Leverage Budgeting 52

Michigan CFO

AUGUST 1, 2021

Role of a Chief Financial Officer (CFO) A CFO provides financial leadership for your company. CFOs provide short-term and long-term financial planning , giving founders and CEOs the financial guidance they need. A controller has the organization and attention to detail to create the financial report the CFO reads.

CFO 52

CFO Leadership Accounting Financial Data 52

The Finance Weekly

FEBRUARY 8, 2023

Most recently, he served as CFO at JustFoodForDogs, a manufacturer of fresh food for dogs. This includes utilizing cloud-based solutions, automating manual processes, and implementing real-time analytics tools to gain deeper insights into financial data.

CFO 52

CFO Prioritization Finance Communication 52

Planful

JUNE 3, 2021

Use Planful to centralize multiple data types, from trial balance summary and transaction details to non-financial data such as employee information. To learn more about Planful’s data-integration capabilities, read our white paper on Data Integration with Planful: Creating a Single Source of Truth.

Compliance 40

Compliance Reconciliations Currencies Finance 40

Planful

JANUARY 11, 2022

Your employee satisfaction and retention will suffer, and your business leaders just won’t have the financial insights they need to make better decisions at the speed they now expect,” said Planful CEO Grant Halloran at the Planful Perform event for finance and accounting professionals.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40

Musings on Markets

JULY 14, 2021

Until the early 1900s, reporting by public companies was meager, varied widely across firms, and depended largely on the whims of managers, with smaller, closely held firms among the most secretive. I valued my first company in 1981, using an annual report as the basis for financial data, but my usage of 10-Ks did not begin until the 1990s.

GAAP 52

GAAP Forecasting Accounting Numbers 52