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Nonprofit Leadership: Using Data for Better Decision-Making

The Charity CFO

Types of Data for Nonprofits The types of data a nonprofit might use for decision-making can vary between organizations. Most nonprofits will use at least one of three types of data: Financial data: Financial data includes any data relating to the finances of the organization, such as revenue or expense data.

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The Future of Financial Leadership: Aligning Operational and Strategic CFOs

The Finance Weekly

The CFO role traditionally has two high-level leadership archetypes: strategic and operational. An operational CFO optimizes performance by combining data from various departments with financial data. As a result, a company with operational finance leadership may struggle to prepare for long-term growth.

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Digital acceleration to drive finance leadership in 2022

Future CFO

In these regards, CFOs will seek people with traditional financial skills, in addition to interpersonal skills like leadership, empathy, and adaptability, and cognitive skills like critical thinking, project management and decision-making. The post Digital acceleration to drive finance leadership in 2022 appeared first on FutureCFO.

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PodChats for FutureCFO: Bridging the confidence gap in financial data

Future CFO

According to Terry Smagh , senior vice president & general manager, Asia Pacific & Japan, BlackLine, the company undertook the study is to understand and recognise the critical role that financial data plays in informing businesses about strategy and continuity, the poor visibility if any, and the lack of real-time access to data.

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Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

System and Organization Controls (SOC) reports are critical components in the controls infrastructures of any company relying on third party systems and applications in the production of financial data and reports. With a large and diverse enough data set (e.g.

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5 Things a Fractional CFO Will Not Do

Beacon CFO Plus

A fractional CFO’s role typically falls within the scope of their financial expertise—their job is to provide that financial strategy and leadership needed to guide the operations of your business both short-term and long-term. So what won’t your fractional CFO do? IT-related matters are typically handled by IT professionals.

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How to streamline multi-location healthcare FP&A

Centage

One common hurdle in multi-location operations is the ability to consolidate financial data for closely-knit analysis. A holistic financial view is vital to thoroughly understand the financial health and potential risks of the business.