Centage

SEPTEMBER 6, 2022

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. So, why are so many companies relying on them to handle their financial needs? Forecasting. Security Disadvantages of Using Excel for Businesses.

Securities 52

Securities Cash Flow Forecasting Budgeting Forecasting 52

The Finance Weekly

MAY 29, 2024

As the FP&A software industry explodes, more and more businesses are looking for tools to help them budget, forecast, and automate their data. The natively integrated artificial intelligence engine within Planful Predict checks for errors, identifies patterns, and offers intelligent forecast recommendations.

Financial Planning and Analysis (FP&A) 52

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

Spreadym

APRIL 27, 2023

Financial analysis and planning (or FA&P) software is a type of business software that helps companies manage their finances and operational activity by analyzing financial data and providing tools to plan, forecast and make budgets for efficient business growth. Visit the link to learn more about it.

Financial Analysis 52

Financial Analysis Tax Planning Budgeting Forecasting 52

CFO Share

MAY 23, 2024

CFO responsibilities include: Managing cash flow, Assessing financial risks, Reporting financial results, Forecasting future performance, Supporting decisions with crucial data and analysis, and Setting strategies that align with long-term business goals. This strategic input is vital for avoiding financial pitfalls.

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CFO Risk Management Cost Management Forecasting 52

The Finance Weekly

MARCH 25, 2024

They also pitch in on major financial moves like mergers and fundraising. They double-check financial reports for accuracy and offer advice to the company leaders and the board. The CFO's job is to decipher various departmental forecasts to create profit projections for the CEO and shareholders.

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CFO Finance Forecasting GAAP 97

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.

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Profit and Loss General Ledger Accounting Financial Reporting 59

Future CFO

DECEMBER 7, 2023

Given this, a CFO’s ability to present a compelling financial narrative can attract potential investors and secure funding for expansion projects. Their involvement in these activities includes: Preparing detailed financial reports and forecasts for investors.

CFO 52

CFO Communication Leadership Forecasting 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.

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

Centage

DECEMBER 21, 2023

Russell Taylor, Controller, Mountain View Hospital Centage saves our users hours (if not days) in budget and forecast creation, thanks in large part to our unique formula-free FP&A design. It became very evident that we needed one source of truth for all things budgeting and forecasting.”

Budgeting 52

Budgeting GAAP Forecasting CFO 52

Future CFO

AUGUST 1, 2023

The rise in digital transformation (DX) initiatives and the adoption of mobile technologies have also contributed to the demand for cloud-based financial applications in Asia/Pacific. Companies are increasingly seeking secure and compliant solutions to manage their financial data.

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Invoicing General Ledger Reconciliations Budgeting 98

Spreadym

NOVEMBER 16, 2023

The best features of FP&A software often include: Budgeting and Forecasting: These features allow organizations to create detailed budgets, forecasts, and financial plans. Users can input data, make adjustments, and project future financial scenarios.

Financial Planning and Analysis (FP&A) 59

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

Adam Kae

JULY 17, 2023

As a Chief Financial Officer (AKA ChiefFUNancial Officer) for digital marketing agencies, CFOAdam plays a vital role in ensuring the financial health and growth of your organization. In this blog post, we will explore key financial strategies that can help you effectively scale your agency and drive long-term success.

CFO 52

CFO Marketing Cash Flow Forecasting Budgeting 52

Beacon CFO Plus

NOVEMBER 30, 2023

Define Roles and Responsibilities: The CFO typically focuses on financial strategy, planning, and management, while the accounting firm handles compliance, audits, and financial reporting. The CFO should work closely with the accounting firm to provide the necessary information for audits and reporting.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

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

JULY 25, 2023

Risk of Errors with Excel Spreadsheets The risk of errors is one of the greatest challenges that businesses face when using Excel spreadsheets for budgeting and financial forecasting. Quick report generation: Planning Maestro allows you to quickly and easily build and distribute consolidated financial reports.

Budgeting 98

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

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

The Finance Weekly

OCTOBER 9, 2022

Enhanced data security - In the finance industry, protecting client data and proprietary information is essential, especially as businesses increasingly rely on technology for day-to-day operations. Implementing , financial reporting software is one of the ways IT may support the development of finance.

Finance 98

Finance Budgeting CFO Forecasting 98

The Charity CFO

APRIL 20, 2023

Budgeting: Tools for creating and managing multiple budgets for different funds or projects and budget to actual reporting. Some tools may also provide forecasting based on historical data. These features might include a platform to file your Form 990-N or the ability to create custom reports. How secure is the system?

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Nonprofit Accounting Accounting Standards Budgeting 98

Spreadym

MAY 15, 2023

FP&A (Financial Planning and Analysis) software is typically designed to meet the specific needs of finance professionals, CFOs, financial analysts, and other stakeholders involved in financial planning and analysis. Also, this process includes such activity as budgeting, forecasting and scenario modelling.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

JANUARY 1, 2023

During inflation and unstable market conditions, it will help companies gain better insights and forecasting, including calculating a variety of what-if scenarios. 2) The Importance of Trustworthy, Independent SOC Reports in FP&A. 2) The Importance of Trustworthy, Independent SOC Reports in FP&A.

Finance 98

Finance Compliance Economics Prioritization 98

The Finance Weekly

DECEMBER 20, 2023

Workforce planning solutions address this by offering customized user permissions to maintain transparency in HR processes within a secure environment. Task Automation Workforce planning tools help streamline tasks by automating processes such as demand forecasting, supply analysis, and scenario planning. Self-service planning.

Financial Planning and Analysis (FP&A) 52

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

VCFO

FEBRUARY 15, 2023

in estimated back VAT taxes, penalty, and interest from 3 EU countries, and then at Pencco, where she managed vendors to secure product availability for more than $6M in revenue. She had complete ownership of financials, reporting, auditing, and compliance for all entities.

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Auditing CFO Risk Management Budgeting 52

The Finance Weekly

DECEMBER 20, 2023

Workforce planning solutions address this by offering customized user permissions to maintain transparency in HR processes within a secure environment. Task Automation Workforce planning tools help streamline tasks by automating processes such as demand forecasting, supply analysis, and scenario planning. Self-service planning.

Financial Planning and Analysis (FP&A) 52

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

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.

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

CFO News Room

DECEMBER 16, 2022

Job security is always a concern when choosing a career, but some fields are more recession-proof than others. After all, people will always need financial services, whether investing their money , taking out loans, or managing their taxes. Financial Reporting Skills. This is why financial reporting skills are essential.

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Finance Budgeting Compliance Financial Analyst 130

Centage

DECEMBER 21, 2022

It allows you to understand the impact of a change in a specific variable on your financial sheets. You can update your forecasts based on the analysis. Financial plans are thoughtful documents – the result of setting goals and establishing a course of action to achieve them. Update rolling forecasts as required.

Financial Planning and Analysis (FP&A) 98

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

CFO Leadership

OCTOBER 10, 2023

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. What data governance, privacy and security procedures do we have in place or need? over at least the next decade.

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Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

Centage

SEPTEMBER 14, 2021

It replaces static spreadsheets with a cloud-based financial tool that gives role-based access to data in real time. Planning Maestro allows you to access historical, current, and future budget and forecast data in one place, with advanced features for data analysis and projections.

Budgeting 96

Budgeting General Ledger Data Analysis Financial Data 96

Boston Startup CFO

FEBRUARY 1, 2023

Creating a pitch deck : A CFO can help you create a compelling pitch deck that highlights the financial aspects of your business, and let you know what gaps needs to be filled before getting in front of investors. They can also bring to your attention many key details that must be communicated to investors to secure their interest.

CFO 40

CFO Startups Cash Flow Forecasting Budgeting 40

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.

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

The Finance Weekly

OCTOBER 15, 2023

But, there are important things to think about, like data security, ethics, rules, and biases. Smarter Decision-Making By using AI-generated insights, CFOs can make informed decisions based on real-time and accurate financial data. This improves forecasting and helps in , managing risks better , leading to better choices.

Financial Data 52

Financial Data Securities Finance Compliance 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

CFO Leadership

OCTOBER 10, 2023

They can generate, drafts for presentations, emails, and reports, saving employees time and effort on routine tasks. Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

Finance 95

Finance Accounting Auditing IFRS 95

Centage

NOVEMBER 27, 2023

Nowhere is that more apparent than in financial planning. Budgeting and financial forecasting are two of the most important business activities for nonprofit FP&A. FP&A SaaS applications are hosted in the cloud, and updates and security are handled automatically by the vendor.

Nonprofit 40

Nonprofit Budgeting Forecasting Planning 40

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. Budgeting and rolling forecasts, as well as what-if scenario planning.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

JULY 28, 2022

Verra, a Nasdaq listed mobility software firm (Nasdaq: VRRM), cited in a , securities filing from April that the report was audited in house by Vena, which breaks the SOC compliance rules: “You'll see in our 10-K, which we expect to file tomorrow, that we had a material weakness associated with a third-party application called Vena.

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Auditing Compliance Budgeting Securities 52