Future CFO

NOVEMBER 15, 2023

Ervina Waty : Here are some key changes that CFOs might need to put in place: Enhanced Data Governance and Quality Control CFOs should implement stronger data governance practices to ensure the accuracy, consistency, and integrity of financial data.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Compliance 52

Future CFO

JANUARY 25, 2024

The challenge here is getting the balance right, requiring CFOs to leverage technology and rationalise the enterprise-wide IT landscape to avoid costly inefficiencies and duplication. With data volumes exploding, finance leaders are becoming data stewards, necessitating the modernisation of the finance function.

CFO 94

CFO Finance Leadership Investments 94

Future CFO

DECEMBER 8, 2022

An EY study reveals that up to 70% of financial controllers and CFOs in Singapore found an increase in demand for financial analysis and forecasts as stakeholders are increasingly interested in including non-financial data for corporate reporting. These don't need to be highly skilled or specialised data scientists.

Finance 98

Finance CFO Forecasting Leadership 98

Future CFO

APRIL 3, 2023

Leveraging data to offer informed decisions Going beyond RPA, the shift to the cloud and vast amounts of data now available means CFOs have an opportunity and expectation to broaden their focus to not only improve the bottom line, but to also contribute to the top line by leveraging data to provide actionable business insights.

Finance 96

Finance Forecasting CFO Leverage 96

E78 Partners

AUGUST 15, 2023

By analyzing the organization’s historical financial data and combining it with market trends, FP&A best practices and an obsession with learning how all cross-functional areas uniquely add-value, they create actionable plans to deliver on the company goals.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Cash Flow Forecasting Financial Modeling Forecasting 52

Bramasol

SEPTEMBER 29, 2023

They are expected to provide financial leadership and insight into the organization's strategic direction. This involves not just managing financial data but also interpreting it to guide decision-making. The Big Picture View CFOs are increasingly seen as strategic partners to the CEO and the board of directors.

IFRS 95

IFRS Technology SAP Compliance 95

Fpanda Club

SEPTEMBER 2, 2021

The growing variety and complexity of tasks within the finance function has resulted in the creation of a discipline that is supposed to become a bridge between the finance and business to support decision-making process by leveraging data and technology. This relates to FP&A which stands for financial planning and analysis.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Budgeting 130

Future CFO

MARCH 1, 2023

To create more business impact, finance functions may need to reimagine their strategy, leadership, operating model, talent and/or technology ,” said the analyst. This means overstated or inaccurate expenses are even harder to detect , putting companies at risk of fraud.

Finance 91

Finance Benchmarking Compliance SAP 91

The Finance Weekly

FEBRUARY 8, 2023

He has also held financial leadership roles at Nuance Communications, Wyless, and Mimecast. To stay ahead of the curve, CFOs must , embrace technology and invest in digital transformation initiatives that drive innovation and efficiency in financial management.

CFO 52

CFO Prioritization Finance Communication 52

Michigan CFO

JUNE 7, 2023

Understanding the Role of a CFO A CFO is a high-level executive responsible for overseeing the financial activities of an organization. Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team. What Do Virtual CFOs Do?

CFO 52

CFO Problem Solving Budgeting Communication 52

Future CFO

JULY 29, 2020

They have the responsibility to ensure that their sensitive information and financial data are secured. CFOs are in a unique position to help the senior leadership team understand the risk involved in not prioritising cybersecurity.

CFO 52

CFO Securities Leadership Economics 52

Future CFO

MARCH 7, 2021

The idea was born following a conversation I had with a fellow CFO who was having difficulties within her own organisation and was seeking advice to help overcome hurdles with the executive leadership team. While greater female visibility in leadership roles is undoubtedly a positive, a top-down approach alone won’t work in the end.

Finance 52

Finance SAP Leadership CFO 52

Future CFO

APRIL 7, 2024

Editor’s note: Wei Zheng (pictured), Finance Director, Hays Asia shed light on what matters when it comes to leadership, how you can progress to become a leader, and the biggest challenge facing finance leaders today. This interview is part of FutureCFO’s Female Leadership in Finance Series. What’s your career goal now?

Finance 52

Finance Leadership Leverage Cost Management 52

Planful

OCTOBER 19, 2021

From there, you can decide how to leverage your financial acumen and recommend the best way forward. To get c-suite buy-in, Hannan says it’s essential to recognize the metrics that matter to leadership. But corporate governance isn’t static. What value are we getting from our investment in a secure technology?

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) CFO Auditing Communication 40

Future CFO

MARCH 3, 2020

They must consider what new platform capabilities such as AI, machine learning and blockchain will mean for finance organizations, and how it can leverage these to improve actionable data insights, it added. How should data be governed as reporting expands to integrate financial and non-financial data?

Finance 40

Finance Leverage Education Budgeting 40

The Charity CFO

AUGUST 15, 2023

Accountants deserve positions that leverage technology to improve the department and the organization and when they don’t get that, it creates a challenge. Nonprofit accountants should also collaborate with program managers and leadership to create realistic financial plans.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

Future CFO

MARCH 11, 2021

The Women in Leadership report by Wharton noted that women occupy a significant proportion of management roles but are scarce in executive and C-Suite roles. The number of women in the leadership pipeline is shrinking, indicating gender inequality in leadership is going to get even worse.

Finance 52

Finance Leadership CFO Communication 52

Future CFO

OCTOBER 1, 2023

Meanwhile, for Tan, making quick and informed decisions using available financial data marked the most significant change to the FP&A function following the pandemic. Data that is obtainable everywhere--both within and beyond the company needed to be collected and curated promptly,” he said.

Financial Planning and Analysis (FP&A) 98

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

Centage

JANUARY 4, 2024

Cross-department collaboration improves the quality of cash flow forecasts Secondly, encourage interdepartmental collaboration to obtain a unified perspective on financial data. Each arm of the business should work together to create a consolidated framework for maintaining and updating financial projections.

Cash Flow Forecasting 52

Cash Flow Forecasting Financial Planning and Analysis (FP&A) Forecasting Leadership 52

CFO News Room

JANUARY 4, 2023

It requires strong leadership skills, extensive industry knowledge, and the ability to make tough decisions. The Chief Finance Officer of a real estate investment trust manages the organization’s financial health and ensures its long-term stability and growth. But for those who are up to the challenge, the rewards are well worth it.

Investments 130

Investments Budgeting Finance Marketing 130

Bramasol

MAY 6, 2022

Bramasol's core practices are aligned with SAP's recommendations for leveraging a Fit-to-Standard approach to configure solutions that are as close as possible to standard processes. Leveraging RISE with SAP.

SAP 69

SAP Finance Reconciliations Leverage 69

Jedox Finance

MARCH 7, 2023

The organization leverages cross-organizational data to empower end users to derive critical insight from Salesforce, SAP, and Excel. In addition to the rig teams and executive leadership, the marketing team now uses the platform to track revenue backlog and is expanding the solution to other departments.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting SAP 52

Jedox Finance

NOVEMBER 17, 2022

By the same time, 30% of planning applications will be made based on their advanced Extended Planning & Analysis (xP&A) capabilities and the same percentage of organizations will be using AI in combination with their financial management solutions by 2024 as well. Skill #2: Embracing increased collaboration.

Budgeting 98

Budgeting Finance Forecasting Accounting 98

Planful

JUNE 8, 2016

When asked what factors would be most critical for CFOs’ relationship with finance, 39 percent said supporting growth initiatives, 25 percent said aligning finance and operating plans, and 24 percent said leveraging data and analytics. Restructuring FP&A Models. Argyle Virtual Event: Spotlight on FP&A.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Restructuring Forecasting Budgeting 40

PYMNTS

DECEMBER 1, 2017

Procurement is getting a stronger seat at the leadership table as companies become more driven to drive bigger, more impactful outcomes,” he said. Crucial to better outcomes is data analytics and the procurement function is finally getting recognized as a potential source of high-value financial data. “In

Technology 52

Technology Leadership CFO Leverage 52

Bramasol

DECEMBER 13, 2021

The need for carbon accounting solutions that provide tangible and reliable data will be a major issue throughout 2022 and beyond. That's why Bramasol is proactively partnering with SAP to help our clients leverage SAP's Product Footprint Management (PFM) , a new cloud-native application built on SAP Business Technology Platform.

SAP 52

SAP Compliance Profit and Loss IFRS 52

Future CFO

JANUARY 12, 2021

Working capital and cash flow optimisation With uncertain times ahead, CFOs today must monitor the impact of price volatility, foreign exchange fluctuations, and interest rate changes, and be able to rapidly revise financial asset positions and protect against increased credit risks.

Foreign Exchange 40

Foreign Exchange CFO Compliance Reconciliations 40