The Charity CFO

MARCH 22, 2024

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.

Nonprofit 52

Nonprofit Leadership Benchmarking Leverage 52

Future CFO

JANUARY 14, 2024

Trusting the cloud to manage financial data and reporting can be a game-changer for financial planning and analysis. Financial performance management platform Planful enumerated the benefits that cloud finance solution can bring to the table: Cost savings and predictability. Accessibility. Security.

Finance 52

Finance Budgeting Securities Financial Data 52

Lime Light

OCTOBER 20, 2022

Organizations that are using NetSuite, however, can often find themselves resorting to manual and tedious methods when it comes to financial planning, forecasting revenue, and analyzing financial data. Here are a few common issues: Versioning issues : “Opex Budget Template Version 7 final”. Does that sound familiar?

Budgeting 52

Budgeting Analyzing Data Auditing Financial Data 52

PYMNTS

JANUARY 3, 2021

A web page to which some customers were pointed states that the stolen data “may have included phone number, number of lines subscribed to on your account and, in some cases, call-related information collected as part of the normal operation of your wireless service.”.

Securities 85

Securities Financial Data Numbers Accounting 85

Future CFO

NOVEMBER 8, 2023

Data presented as trends and patterns The best CFOs don't just provide accurate data for your review. They present data in formats that bring meaning to the numbers. Instead of a slew of spreadsheets, they present data in pictures and trending lines so you see how your business is doing.

CFO 52

CFO Strategic Planning Forecasting Planning 52

PYMNTS

MARCH 4, 2020

It’s a result, explained Gillette, of the legacy ERP no longer being suited to address the full range of businesses’ diverse financial and process management needs. He pointed to financial reporting as one example of this shift.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

Future CFO

FEBRUARY 25, 2024

Manage Profitability Finance teams need to be active participants in managing profitability for the business, they may not be responsible solely, but they can best support the business by providing finance data and models in a timely, reliable and enabling fashion. The CFO can play an even bigger part in the future success of the business.

CFO 52

CFO SAP Finance Cash Management 52

Beacon CFO Plus

AUGUST 4, 2022

Without a clear and full understanding of your financial data, you cannot make sound executive decisions—and this is a problem for nearly half of all business owners. CIO Dive highlighted that 41 percent of businesses struggle to turn data into decisions. We live and breathe data—and we champion data literacy.

CFO 52

CFO Startups Financial Data Finance 52

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.

Leverage 62

Leverage Financial Data Accounting Communication 62

Future CFO

APRIL 3, 2023

A core part of the CFO’s responsibility is to forecast future financial performance and traditionally, this has been based on historical financial data and fixed assumptions. However, in a pandemic or similar scenario where all the assumptions go out the window, traditional methods will not provide accurate predictions.

Finance 96

Finance CFO Forecasting Leverage 96

PYMNTS

NOVEMBER 24, 2019

A recent data breach exposed the personal data of more than 1 million prepaid T-Mobile customers, reports said on Friday (Nov. The information exposed did not include any financial information, social security numbers or password data. We promptly reported this to authorities. million on average for enterprises.

Securities 81

Securities Numbers Financial Data Accounting 81

Simply Treasury

JUNE 3, 2021

We all understand that the C-level wants treasury to lake use of huge financial data they sit on and develop more reporting and dashboards. No one will be surprised to see Cash-Flow Forecasting as the number one priority, followed by digitization (and automation) of treasury processes.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

Spreadym

JUNE 13, 2023

It serves as a framework for organizing and classifying financial transactions, providing a standardized structure for recording and reporting financial information. In the chart of accounts, each account is assigned a unique code or number and is categorized into various groups or categories.

Accounting 52

Accounting Financial Analysis Compliance Benchmarking 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. Scan thousands of journal entries in seconds based on specified parameters and build trust in your numbers.

Accounts Payable 62

Accounts Payable Reconciliations Leverage CFO 62

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

The Charity CFO

APRIL 24, 2024

Program KPIs How can you tell if your programs and services are making an impact in your community using data? By implementing program KPIs like: Number of Beneficiaries Served: This straightforward KPI quantifies your organization’s reach by measuring the total number of individuals benefiting from programs.

Nonprofit 52

Nonprofit Auditing CFO Finance 52

The CFO College

AUGUST 31, 2021

If they have to rely on capital raising, it’s hard for companies to attract private or institutional investors in competitive markets without a great accountant and strong financial model. Investors want to see a number of worthy components before they sink money into a company. And much more. Tax law is highly complicated.

Startups 81

Startups Accounting General Ledger Forecasting 81

PYMNTS

DECEMBER 20, 2019

Last month, a data breach exposed the personal data of more than 1 million prepaid T-Mobile customers. The information exposed did not include any financial information, Social Security numbers or password data. Data about rates and features are considered customer proprietary network information (CPNI).

Communication 52

Communication Securities Financial Data Numbers 52

PYMNTS

NOVEMBER 15, 2016

Research by Kaspersky Lab revealed that when the holiday shopping season unofficially kicks off on Block Friday, the number of financial phishing attacks is expected to surge. percent of all phishing attacks were focused on procuring financial data, but in Q4, financial phishing was responsible for 43.38

Financial Data 72

Financial Data Retail Numbers Sales 72

The Charity CFO

FEBRUARY 4, 2022

A bookkeeper records and organizes financial data; an accountant interprets and presents that data. . The nonprofit bookkeeper is the front line in the battle for the accurate financial data you need to run your business, so let’s review the core responsibilities of a nonprofit bookkeeper. .

Nonprofit 98

Nonprofit Invoicing General Ledger GAAP 98

The Charity CFO

FEBRUARY 27, 2023

The major tasks of a treasurer can be summed up as follows: Operations management Oversight and compliance Strategic decision-making Operations management The operational tasks of a treasurer concern financial management. These tasks include organizing financial data into helpful reports to be presented to the other board members.

Nonprofit 52

Nonprofit Compliance CFO Leadership 52

CFO Talks

JUNE 6, 2022

In recent years, Chief Financial Officers have seen their role evolve like never before. From their beginnings as historians of financial data and past performance, they evolved into real-time analysts, and visionaries with predictive technologies at their fingertips. Yet, the modern CFO is far from an exclusive figure.

CFO 52

CFO Financial Data Technology Planning 52

PYMNTS

NOVEMBER 22, 2019

Consider the findings of Fiserv’s 2019 Cybersecurity Awareness Insights Study , which found that 55 percent of respondents know their online financial data is vulnerable, but only 6 percent are doing something to protect it. The tools are there, but mindset matters.

Advertising 70

Advertising Financial Data Currencies Accounting 70

PYMNTS

JANUARY 14, 2020

The deal is only the latest salvo and nod to the importance of data access and connectivity across traditional financial institutions and FinTech upstarts. Delving Into The Numbers. In supplemental materials and commentary provided on the Visa/Plaid call, Visa noted that as many as one in four U.S. The Roadmap.

Financial Data 63

Financial Data Banking Accounting B2B 63

PYMNTS

DECEMBER 27, 2020

While TIDAL doesn’t give out subscriber, user or financial data, its website claims to have more than 70 million songs and 250,000 high-quality videos in its catalog, along with original video series and podcasts. Sound Is Booming. that year, although its overall revenue grew by 25 percent.

Financial Data 139

Financial Data Marketing Numbers 139

The Finance Weekly

NOVEMBER 8, 2022

As the number and quality of software tools increases, companies are constantly looking to find better ways to cut down on manual work and increase efficiency. Finance is responsible for a large number of critical operations in a business. Finance is responsible for a large number of critical operations in a business.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98

Centage

NOVEMBER 1, 2023

The budget portion of the statement comes from a financial plan. This difference between these two numbers is the most important part of a budget vs actual statement: the budget variance. Actuals are derived from the line items on the income statement and balance sheet. What do you do with a budget vs actuals report?

Financial Planning and Analysis (FP&A) 52

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

PYMNTS

APRIL 8, 2019

The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm. “The number of small businesses selling and exiting each year is growing year on year,” said Hutchison.

Profit and Loss 111

Profit and Loss Accounting Financial Data Valuation 111

CFO News Room

JANUARY 24, 2023

This post will be one of a series, where I will put different aspects of financial data under the microscope, to get a sense of how companies are adapting (or not) to a changing world. For data that comes from the market, such as market capitalization and costs of capital, the current data is as of January 1, 2022.

Marketing 130

Marketing Valuation Corporate Finance Currencies 130

CFO Network

SEPTEMBER 9, 2022

The financial data, in particular, makes it a prime target to hackers who want your information- whether you’re an individual or a company! What is a more secure way to store financial data? The nightmare for accountants and businesses alike is a growing issue. Train Your Staff.

Securities 52

Securities Accounting CFO Accounting Standards 52

The Charity CFO

MARCH 27, 2024

Luckily, QuickBooks Online lets your team connect and work with financial data from anywhere with secure internet access. Likewise, if you partner with another organization or business, you may have to work with their accounting team to settle accounts or share financial data.

Nonprofit 40

Nonprofit Accounts Payable Compliance Invoicing 40

https://trustedcfosolutions.com/feed/

MARCH 26, 2023

This includes bank statements, invoices, receipts, and other documents retaining financial data. Check for errors: Make sure your reports have no errors or discrepancies and that all numbers add up correctly. Make sure everything is accurate and there are no discrepancies.

General Ledger 62

General Ledger Accounting Invoicing Financial Data 62

PYMNTS

MAY 29, 2020

At one-third, it’s the highest number since the department began tracking in the 1960s. The Connecticut-based financial data company reported the savings rate was more than 13 percent throughout most of the early 1970s. “The The rate reflects how much people save as a percentage of their income. percent, according to FactSet.

Economics 58

Economics Accounting Firms Financial Data Investments 58

PYMNTS

JANUARY 21, 2021

finance chiefs aren’t sure what to do with the massive borrowed cash piles they’ve accumulated for pandemic relief, the Financial Times (FT) reported. The numbers came out to $2.5 US CFOs Consider How to Use Cash Reserves. trillion borrowed by corporate America last year.

B2B 85

B2B Banking Reconciliations Currencies 85

PYMNTS

FEBRUARY 23, 2020

Credit Karma offers a number of services including free access to one’s credit score and borrowing history, alerts to potential data breaches, and tax preparation and filing. Intuit is known for making online tax filing service TurboTax, which is used by millions of people.

Budgeting 72

Budgeting Finance Financial Data Sales 72

CFO Leadership

OCTOBER 10, 2023

They’re not very good at mathematics or dealing with numbers in general. While other AI models are far superior to humans in their ability to perform complex mathematics and spot trends, patterns, and variances across a broad swath of data, LLMs are not. With a large and diverse enough data set (e.g.

Finance 95

Finance Accounting Auditing IFRS 95

Simply Treasury

AUGUST 26, 2021

Of course, we would all like to go for what creates the least number of problems, the least amount of work with the most plausibility and realism. We must be sure that the solution will create value, with less work and more internal controls. But what is the right solution, the right supplier and the best technology is the question.

Financial Data 130

Financial Data Treasury CFO Construction 130