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5 Excel-heavy Pain Points still Dragging down finance teams in 2024

The Finance Weekly

Problem 1: Using Old and Cumbersome Excel Models Many of us have developed a financial reporting process that uses workarounds for limitations in our ERP software and to ensure we can meet our deadlines without accidentally breaking something. These legacy financial models typically appear overly complicated.

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Finance vs. Accounting

CFO Simplified

Accounting teams are responsible for: Invoicing. Recording and paying accounts payable invoices. Within accounting teams, there are accounting managers and accountants. . Overseeing risk management. Invoicing and collections. What is Accounting? . Receiving and posting cash. Reconciling accounts.

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

The Finance Weekly

Risk and Expenses Management AI-driven , tools for risk management empower FP&A leaders to evaluate and address risks more efficiently. These tools examine factors such as market changes, regulations, and credit risks to pinpoint potential threats to financial performance.

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Change Management: The Modern CFO’s Blueprint 

CFO Talks

The CFO needs to consider how AI can be leveraged not just for automating routine tasks, but also for providing deeper insights into financial forecasting, risk management, and strategic decision-making. The CFO ensures regular updates through various channels, such as company-wide emails, intranet posts, or town hall meetings.

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How To Accelerate Client Growth As An Advice-Only Firm

CFO News Room

And then the final thing that you’re going to receive is an invoice from Square. And I get many more questions about implementation than I do maintaining a financial model. College planning, retirement planning, investment planning, risk management planning, long-term disability, life insurance.

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