CFO Share

MAY 10, 2024

Although bookkeepers are not professional financial planners, they can use their intimate knowledge of your transactions to assist business cash flow management. Remember that bookkeepers are not CFOs – do not expect them to advise on general small business financial management strategies.

Forecasting 52

Forecasting Cash Flow Forecasting Invoicing Accounts Payable 52

CFO Network

MARCH 11, 2024

Leveraging Technology for Cash Flow Management Technology plays a crucial role in modern cash flow management for SMBs. Implementing cloud-based accounting platforms can enable SMBs to access financial data anytime, anywhere, and collaborate more effectively with their financial advisors.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Invoicing Forecasting 52

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 CFO Forecasting Leverage 96

Future CFO

AUGUST 21, 2023

As a profession we have made significant progress over the years leveraging technology to streamline how we manage historical data and more recently, leveraging analytics on predicting outcomes.

Finance 98

Finance Compliance Data Analysis Leverage 98

https://trustedcfosolutions.com/feed/

MARCH 30, 2023

Less Stress Leads to More Success: Why a Faster Monthly Close Is Key Faster and more accurate closing cycles ensure your advisors, CFOs, and controllers have up-to-date financial data to base important decisions. Regularly reconcile accounts: Instead of waiting until the end of the month, reconcile your accounts regularly.

Leverage 62

Leverage Financial Data Accounting Communication 62

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. This empowers them to leverage the full potential of the technology.

Financial Planning and Analysis (FP&A) 52

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

Spreadym

JULY 21, 2023

Digital transformation in finance refers to the process of integrating digital technologies and innovations into all aspects of financial services and operations within a financial institution or organization. Data-driven decision-making enables more informed and precise financial strategies.

Finance 52

Finance Prioritization Compliance Leverage 52

PYMNTS

DECEMBER 29, 2020

Consumer Bank Chief Digital Officer Mike Naggar said the FI aims to provide customers "a choice, convenience and control of their financial data. WEX Talks Bank Partnerships To Advance B2B Payments. The company is focusing on users that may be underbanked, lacking traditional bank accounts.

Cash Flow Forecasting 123

Cash Flow Forecasting B2B Startups Financial Data 123

Future CFO

FEBRUARY 25, 2024

Blair Robinson Reimagine Finance Operations The CFO has the opportunity to leverage technology, data, and insights to model future business options and to critically analyze prior decisions. Considering all these, Kuralay and Robinson give tips to ensure that CFOs are future-ready for the business.

CFO 52

CFO SAP Finance Cash Management 52

PYMNTS

DECEMBER 18, 2020

We look forward to working with Brex in pioneering the way financial data is utilized to help businesses grow and achieve their goals.”. Both Finicity and Brex use the Financial Data Exchange (FDX) API standard, which leverages the OAuth standard for authenticating and authorizing account access.

Leadership 97

Leadership Financial Data Leverage Banking 97

The Finance Weekly

NOVEMBER 20, 2023

AI integration in their FP&A function brings various positive outcomes: AI algorithms boost efficiency by swiftly handling large amounts of financial data, reducing the , risk of errors , and enhancing data integrity. Advanced AI solutions offer real-time analysis during data entry.

Financial Planning and Analysis (FP&A) 52

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

https://trustedcfosolutions.com/feed/

FEBRUARY 11, 2023

Leverage AI-Powered Technology The AI-powered technology of Sage Intacct is adding real value to accounting teams by analyzing and interpreting large amounts of data quickly, efficiently, and accurately. You won’t feel like you’re always behind at the end of the close cycle or stuck reviewing manual entries and endless spreadsheets.

Accounts Payable 62

Accounts Payable Reconciliations Leverage CFO 62

The Finance Weekly

FEBRUARY 21, 2024

This approach not only revolutionizes financial processes like reporting, budgeting, and forecasting but also significantly reduces the IT department's workload. This unique blend of comfort and advanced technology ensures finance teams can operate within a known environment while accessing the benefits of modern financial software.

Finance 40

Finance Benchmarking Data Analysis Leverage 40

CFO Share

DECEMBER 13, 2023

We understand the importance of precise financial data. Leverage technology. Accurate bookkeeping isn’t just a necessity—it’s the backbone of strategic decision-making. Relying on luck is not an option. Schedule A Consultation The Hidden Costs of In-House Bookkeeping It’s more than your bookkeeper’s wages.

Auditing 52

Auditing Communication Leverage Accounting 52

Collectiv

JUNE 13, 2023

Solid processes around nonprofit data give you critical information to highlight unique aspects of your organization, boost morale, increase credibility, enhance transparency, and build community awareness to support your mission. Let’s look at three ways to leverage Power BI for nonprofits so you can use your data effectively.

Nonprofit 52

Nonprofit Leverage Budgeting Analyzing Data 52

Spreadym

NOVEMBER 16, 2023

Data Integration: The software should be capable of integrating data from various sources, such as ERP systems, spreadsheets, and other databases. This ensures that financial data is accurate, up-to-date, and consolidated. This helps in understanding the potential impact of various business decisions.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Planning Budgeting Financial Modeling 59

The Finance Weekly

MARCH 5, 2024

Next, came a new solution, Datarails Connect , which leverages Excel's success to transform it into a kind of self-service BI solution, enabling finance professionals to become truly independent by connecting their entire data stack to Excel in a simple and self-service manner.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Leverage Cash Management 52

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

Centage

DECEMBER 8, 2023

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.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Healthcare Budgeting Leadership 52

PYMNTS

NOVEMBER 23, 2020

There’s no shortage of consulting advice and press clippings that will state the importance of actionable data for companies as a selling, operational and marketing strategy. Big data, it used to be called. Last week, the Department of Justice gave the green light to Mastercard’s $825 million acquisition of data aggregator Finicity.

Nonprofit 117

Nonprofit Banking Financial Data Education 117

Spreadym

AUGUST 10, 2023

What is financial reporting software? Financial reporting software refers to specialized tools or applications designed to help organizations generate, manage, and present their financial data in a clear and organized manner. Exporting and Sharing: The ability to export reports in various formats (PDF, Excel, etc.)

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards 52

The Charity CFO

APRIL 1, 2024

With the right tech in place, your organization can more accurately record and report your financial information and save your team a lot of time over paper accounting systems. QuickBooks provides an easy-to-use bookkeeping solution that puts all of your financial data in one place.

Nonprofit 52

Nonprofit Accounting CFO Accounts Payable 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

Adam Kae

MAY 30, 2023

With automation, we can bid adieu to shoeboxes full of receipts and leverage innovative expense tracking software. Make Data-Driven Decisions with Real-Time Reporting Data is the fuel that drives successful digital marketing campaigns, and the same holds true for financial decision-making.

Marketing 52

Marketing Invoicing CFO Reconciliations 52

Centage

NOVEMBER 22, 2023

Finance teams encounter unique hurdles in their FP&A processes when the intricate web of financial data spreads across different business units, locations, or product lines. Leveraging these tools becomes not just a convenience but a strategic imperative for success in a dynamic business environment.

Profit and Loss 52

Profit and Loss Budgeting GAAP Financial Reporting 52

Navigator SAP

FEBRUARY 17, 2022

Adding ERP in finance departments is very popular for good reason, as the system consolidates financial data automatically and generates reports quickly and simply, regardless of file type and without any need to crosscheck and rekey data.

SAP 130

SAP Invoicing Manufacturing Compliance 130

Centage

JANUARY 10, 2024

If you’re a CFO at a company with an expanding footprint or an increasingly complex organizational structure, your job is to provide rigorous fiscal oversight across multiple units, preserving the integrity of their ledgers while ensuring accurate and insightful financial reporting.

Budgeting 52

Budgeting Financial Reporting CFO Finance 52

PYMNTS

JULY 28, 2019

The London Stock Exchange Group ( LSE ) has revealed that it is in discussions to acquire financial data analytics provider Refinitiv Holdings for $27 billion. Refinitiv head David Craig will continue leading the financial data firm as an independent brand within LSE. Refinitiv had $12.2

Benchmarking 43

Benchmarking Financial Data Leverage Technology 43

FISPAN

JANUARY 12, 2022

How FISPAN sees the importance of data and how to grow beyond the point of data aggregation. How data will be delivered and received from FISPAN and the third-party partners we work with. Financial institutions (FIs) are under pressure to drive innovation in financial data access for the commercial banking space.

Reconciliations 96

Reconciliations Banking Securities Leverage 96

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. Businesses are really seeking ways to harness data to leverage their data.

Finance 98

Finance CFO Forecasting Leadership 98

Future CFO

APRIL 7, 2024

Against this backdrop, a quick turnaround of insightful data that enables actions is required of the finance team. And to support a fast decision-making process, we need to have enough financial data points and become data interpreters with insights into the process and system, rather than simply presenting calculations on a spreadsheet.

Finance 52

Finance Leadership Leverage Cost Management 52

Collectiv

AUGUST 7, 2023

But making sound financial decisions is arguably one of the most important considerations. Enterprises must use the right reporting tools to generate insights and leverage vast amounts of financial data effectively.

Problem Solving 52

Problem Solving Budgeting Data Analysis Construction 52

Future CFO

SEPTEMBER 21, 2023

For his part, Parambath suggests CFOs move away from a continued reliance on clunky spreadsheets, and leverage finance automation to streamline processes.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Planning Technology 98

PYMNTS

MAY 11, 2017

With direct, secure integration through Capital One’s new application programming interface (API), small businesses will be able to connect their Capital One financial data to their Xero cloud-accounting solution through a fully digital process. Many of the world’s leading financial institutions now share this vision.

Reconciliations 65

Reconciliations Financial Data Leverage Accounting 65

E78 Partners

AUGUST 15, 2023

They utilize advanced financial modeling techniques to predict outcomes and assess the viability of various business strategies. Leveraging FP&A Consultants for Long-Term Business Value The strategic insights and balance of technical and leadership acumen offered by FP&A consultants can transform a business’s trajectory.

Financial Planning and Analysis (FP&A) 52

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

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

The Finance Weekly

DECEMBER 30, 2021

Large companies are firmly embracing robotic process automation (RPA), leveraging sophisticated data analytics and visualization tools, and exploring the use of blockchain and other new technologies. Due to inadequate training, users aren’t leveraging the ERP system’s full capabilities. For example, could RPA benefit the team?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Technology CFO Leverage 52