CFO Share

AUGUST 5, 2021

Your strategic business forecasting must include proper considerations for section 280E – this is essential to planning cash flow and avoiding catastrophic tax bills at year-end. Depreciation and amortization reported for tax purposes in excess of that reported in financial reports. R&D expenses.

Forecasting 96

Forecasting GAAP Profit and Loss Accounting Principles 96

Centage

JANUARY 3, 2024

As we ring in a new year and brace for all of the opportunities and challenges it will bring, one resolution should be near the top of the list for finance professionals: embracing flexible financial forecasting to future-proof your annual budget. Financial forecasting gives businesses the agility to adapt to changing conditions.

Forecasting 52

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

Collectiv

MAY 22, 2023

Accurate and timely business intelligence (BI) is critical to effective planning and forecasting. Each of our consultants has a unique background and skill set to help enterprise teams tackle any and all challenges with BI, planning, and forecasting using the Microsoft Power Platform and Power BI. We live in a data-driven world.

Forecasting 52

Forecasting Planning Healthcare Sales 52

CFO Share

MARCH 23, 2021

A rolling 12-month forecast projects financial performance over a 12-month time horizon using the “add/drop” approach to forecasting. Unlike a budget or calendar year forecast, a rolling 12-month forecast adds one month to the forecast period each time a month is closed so that you are continuously forecasting for 12 months.

Forecasting 52

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

Centage

JANUARY 4, 2022

Part of that effort requires a deep dive into the overall financial health of your organization. That includes analyzing key financial metrics as part of the financial reporting and analysis process to see where you are today to determine where you want to be tomorrow (and how to get there!).

Financial Reporting 94

Financial Reporting Budgeting Accounts Payable Benchmarking 94

Centage

OCTOBER 3, 2022

This accessible program can accomplish various tasks, such as financial forecasting and budgeting. If your business has used Excel for financial forecasting, you may have found some challenges with the program. Why Businesses Use Spreadsheets for Financial Forecasting. Risk of Errors.

Forecasting 52

Forecasting Budgeting Data Analysis Financial Modeling 52

Jedox Finance

AUGUST 10, 2022

Understanding the three critical parts of corporate financial statements. Operating cash flow/net sales. This is in contrast with accrual accounting , which reports revenue and expenses when it is earned, or occurs instead of when payment is received or paid. Earnings are not cash – they occur when a sale or expense is made.

Forecasting 52

Forecasting Profit and Loss CFO Finance 52

CFO Share

MAY 22, 2024

Consistent financial reporting is critical for business management. These reports are the backbone of evaluating business performance – crucial for making informed decisions, attracting investors, and securing loans. What is a Financial Statement? Investors won’t have confidence in your business.

Profit and Loss 105

Profit and Loss General Ledger Accounting Financial Reporting 105

The Finance Weekly

MARCH 25, 2024

Safra Ada Catz Safra Ada Catz, the business leader overseeing ,, Oracle Corporation , a major tech company, handles key aspects like sales, marketing, finance, and legal matters. They also pitch in on major financial moves like mergers and fundraising. Internal factors cover sales trends, labor costs, raw material prices, and more.

CFO 97

CFO Finance Forecasting GAAP 97

CFO Simplified

SEPTEMBER 11, 2023

I think that the Statement of Cash Flows is the disrespected stepsister of financial reporting, much like Cinderella. So, let’s look to see how this Cinderella report can help you plan for and understand your use of cash. The Cash Flow Forecast is a predictive tool. That’s why it’s also called “Sources and Uses of Cash.”

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting Profit and Loss Financial Reporting 52

The Finance Weekly

APRIL 13, 2024

This includes tracking past financial activities, ensuring compliance and reporting, as well as forecasting future financial scenarios for better budgeting. It does this by automatically putting all the data together and making reports, so companies can make important decisions and get insights in real time.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Invoicing Budgeting 52

Centage

SEPTEMBER 5, 2023

To determine profit margins, companies subtract the total cost of providing a product or service from the sales price paid for the item by customers. Gross Profit Margin: Your gross profit margin is the amount of your sales revenue minus the cost of your goods. The goal is to model different assumptions and track them over time.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Benchmarking Valuation 98

Future CFO

AUGUST 1, 2023

Supriya Deka: The general features of financial applications include accounting, reporting & analytics, bank reconciliation, billing & invoicing, asset management, budgeting & forecasting, financial risk management, expense tracking, and payroll management.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

The Finance Weekly

OCTOBER 8, 2023

It might also include features like automated expense categorization, predictions, and reporting. Some software can even integrate with accounting systems to further streamline financial management. Jirav aims to eliminate manual reporting and offers easy-to-use features.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

JULY 19, 2022

FP&A software assists CFOs, finance leaders, and FP&A experts in ensuring the financial health of their organization by tracking and analyzing current outcomes and forecasting future performance. Planful is a cloud-based financial planning and analysis software platform that focuses on continuous planning.

Financial Planning and Analysis (FP&A) 96

Financial Planning and Analysis (FP&A) Budgeting Forecasting Finance 96

Centage

JANUARY 17, 2023

Your budget vs actual statement is exactly that – an important part of a business’s financial reporting that shows, for a period of time, what your actual income and actual expenses look like compared to what you thought they would. More importantly, why did that sale not come in when expected? Was it a salesmanship issue?

Financial Planning and Analysis (FP&A) 98

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

CFO Simplified

NOVEMBER 14, 2022

Forecast and manage cash flow, reporting and more. Develop a cash flow forecast — I hope that you’re not running your company by checkbook. What are the leading indicators for your sales? What is the activity that leads to sales? How did you miss the warning signs? Were you checking your oil on a regular basis?

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting Sales Concentration 52

The Finance Weekly

DECEMBER 20, 2023

Task Automation Workforce planning tools help streamline tasks by automating processes such as demand forecasting, supply analysis, and scenario planning. Support for Related Processes - The ability to assist in processes like Incentive Compensation Management, Sales, and Performance Management. Self-service planning.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning General Ledger Budgeting 52

CFO Share

JULY 13, 2023

Growth planning through uncertainty Business owners struggle to forecast new business growth due to uncertainty. How quickly will the new sales hire ramp up? Determine KPIs and financial reporting to measure progress. Meet weekly or monthly to review reports and collaborate on financial strategy.

CFO 40

CFO Forecasting Tax Planning Advertising 40

The Finance Weekly

DECEMBER 20, 2023

Task Automation Workforce planning tools help streamline tasks by automating processes such as demand forecasting, supply analysis, and scenario planning. Support for Related Processes - The ability to assist in processes like Incentive Compensation Management, Sales, and Performance Management. Self-service planning.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning General Ledger Budgeting 52

Centage

DECEMBER 21, 2022

As an organization, you can decide whether you want to hire more sales representatives, open a new regional office, or expand your product line. How sensitive is my plan to a specific variable, such as sales that are lower than expected, or if insurance rates go up? You can update your forecasts based on the analysis.

Financial Planning and Analysis (FP&A) 98

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

Centage

SEPTEMBER 7, 2021

You’re reviewing the results with your sales team, and you find that one of the team members is 20% below their sales goal for the quarter – and you want to know why. Finance needs to support sales leaders (in this particular instance) by continuing to ask why until you find an area to adjust and help. Watch Demo.

Finance 52

Finance Data Analysis Forecasting Budgeting 52

The Finance Weekly

APRIL 28, 2024

Also, the subscription service comes with cool features such as follows: Keeping tabs on inventory Sorting out your books Sending out invoices smoothly Managing payroll Dishing out financial reports Linking up with other apps for a seamless workflow Plus, you can share access with different permissions for your team.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Invoicing Budgeting Finance 52

Beacon CFO Plus

NOVEMBER 15, 2023

They provide insights into budgeting, forecasting, and financial planning. Fractional CFOs help monitor and optimize cash flow to ensure your company’s financial stability and growth. Financial Reporting: They prepare and analyze financial reports, providing valuable insights into your company’s financial health.

CFO 52

CFO Budgeting Strategic Planning Financial Analysis 52

CFO Simplified

FEBRUARY 17, 2022

Bring Value through CFO Insights: Like any forecasting tool, proper budgeting allows management to make decisions that can help the company avoid future problems. Sales – $25,500,000. A detailed set of reports, complete with sales and costs by item group created a good starting point. Business – CNC Machine Shop.

Budgeting 52

Budgeting Cash Flow Forecasting Profit and Loss CFO 52

Centage

OCTOBER 23, 2023

Sales teams have projected their volumes. It’s easy to be optimistic about sales – or pessimistic if you’re coming off a particularly difficult year. That data could be actuals from previous years, competitor performance analysis, or forecasts based on big data and business intelligence. Sales flop. Or are you?

Budgeting 52

Budgeting Strategic Planning Forecasting Planning 52

Spreadym

JUNE 27, 2023

FP&A is a process used by organizations to develop and manage their financial plans and make informed decisions based on financial analysis. It involves forecasting, budgeting, analyzing, and reporting financial information to support strategic planning and operational decision-making.

Financial Planning and Analysis (FP&A) 52

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

https://trustedcfosolutions.com/feed/

FEBRUARY 13, 2023

Accounting Software: A Controller’s Secret Weapon No matter how good a controller is at his or her job, it will be extremely difficult to carry out daily financial operations without the proper means.

Accounts Payable 111

Accounts Payable CFO Accounting Budgeting 111

CFO News Room

NOVEMBER 15, 2022

The company reported adjusted earnings per share of $1.50 Retail stocks — Retail stocks rose following Walmart and Home Depot ‘s stronger-than-expected financial reports for the third quarter. after the company cut its earnings guidance and cash flow forecast. billion in revenue, per Refinitiv.

Cash Flow Forecasting 130

Cash Flow Forecasting Entertainment Manufacturing Advertising 130

Centage

SEPTEMBER 5, 2023

To determine profit margins, companies subtract the total cost of providing a product or service from the sales price paid for the item by customers. Gross Profit Margin: Your gross profit margin is the amount of your sales revenue minus the cost of your goods. The goal is to model different assumptions and track them over time.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Benchmarking Valuation 52

CFO Share

JULY 27, 2023

AI Advantages and Opportunities for CFOs AI presents key advantages and opportunities for CFOs: AI Enhanced Data Analysis AI enables CFOs to analyze large volumes of financial data quickly and accurately, uncovering valuable insights for decision-making.

CFO 40

CFO Data Analysis Analyzing Data Risk Management 40

Spreadym

NOVEMBER 3, 2023

The specific metrics to focus on may vary depending on your industry, goals, and the size of your organization, but here are some common financial metrics that are crucial for strategic financial planning and management: Revenue: Track your total income or sales to gauge the top-line performance of your business.

Planning 59

Planning Strategic Planning Budgeting Forecasting 59

Future CFO

OCTOBER 18, 2022

Traditional FP&A processes provide a structured approach to budgeting, planning, forecasting, and reporting so that the finance team can deliver analysis that helps senior executives understand the financial impact of their decisions. Out-of-cycle forecast - manual or calibrated? Venkateswaran Sundararaman.

Financial Planning and Analysis (FP&A) 52

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

Centage

NOVEMBER 1, 2023

Your budget vs actual statement is a crucial part of a business’ financial reporting. The budget portion of the statement comes from a financial plan. Minor adjustments in pricing or sales volume will result in a differences between what was planned for and the actual results. Why did that sale come in early?

Financial Planning and Analysis (FP&A) 52

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

CFO Simplified

FEBRUARY 17, 2022

Business – Sales, installation, and service of industrial compressed air systems. Develop a 13-week cash flow forecast to identify the needs of the company in the coming months, eliminating surprises. Financial Reporting. How do you make sure that the right plan is in place, and there’s enough money to do it? 11,500,000.

Profit and Loss 52

Profit and Loss Cash Flow Forecasting CFO Financial Reporting 52

CFO Talks

MARCH 19, 2024

Identifying Strategic Priorities The process begins with a thorough analysis of the current financial landscape and an evaluation of emerging technologies, like AI, that can significantly enhance operational efficiencies. Measuring Progress Finally, establishing clear metrics to measure the success of the finance agenda is essential.

CFO 52

CFO Communication Finance Budgeting 52

Onplan

NOVEMBER 30, 2022

Finance professionals and teams today have numerous solutions available to help them plan, budget, forecast, and analyze financial information. OnPlan is a financial modeling and forecasting tool built by financial planners and analysts. 6 factors when choosing an FP&A tool. Key features.

Financial Planning and Analysis (FP&A) 52

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