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Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

This follow-up article delves into how CFOs can effectively manage their diverse responsibilities, from prioritizing tasks to fostering innovation and leading their companies through transformational change. This includes not just financial risks but also operational, regulatory, and strategic risks.

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The BP&B Health Check: Your Roadmap to Financial & Operational Excellence

E78 Partners

Business Planning and Budgeting (BP&B) is a strategic, operational, and financial management process that organizations use to plan, allocate resources, and manage their business performance effectively. Resource Allocation & Prioritization : Evaluate if resources are optimized and aligned with strategic imperatives.

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Budget vs Actuals: The Key to Measuring Business Performance  

Centage

You must prioritize the ones that have the most significant impact on your business. Making Informed Financial Decisions Resource allocation, investment opportunities, and strategic shifts are all made easier using the insights gleaned from budget vs actuals analysis. Which Types of Variances Are Important to Analyze?

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Top 8 AI Uses in Finance Embraced by FP&A Leaders

The Finance Weekly

Equipped with precise forecasts and AI-driven insights, leaders in financial planning and analysis (FP&A) can: Base decisions on data Establish achievable financial objectives Adapt resource distribution Assess investment possibilities 4. Additionally, PWC recently invested 1 billion dollars in Generative AI.

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What is Financial Planning and Analysis (FP&A)?

Spreadym

By providing financial insights and analysis, they assist in evaluating investment opportunities, assessing the financial impact of strategic initiatives, and developing long-term financial plans. Resource Allocation: Financial Planning and Analysis helps organizations allocate their resources effectively.

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Homebound Consumers, Connected Fitness Revs Up Peloton Earnings

PYMNTS

“The extraordinary events taking place over the past two months have measurably expanded our market opportunity and accelerated the ongoing shift to connected fitness,” said Chief Financial Officer Jill Woodworth. Our fiscal year 2020 profitability outlook demonstrates the strength of our financial model when scale and leverage are achieved.

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How To Accelerate Client Growth As An Advice-Only Firm

CFO News Room

Mindy is the owner of Creative Money, an independent RIA based in Seattle, Washington, that offers a unique 12-month financial planning engagement – or as Mindy puts it on her homepage, “financial planning that doesn’t suck” – which has allowed her firm to work with nearly 400 client households just this year.

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