The Charity CFO

MARCH 13, 2025

Keep Every Receipt, No Exceptions Whether its a small office supply purchase or a major equipment investment, maintain records of every expense. Maintain Detailed Financial Reporting Your nonprofits accounting system should allow you to generate detailed reports on every dollar spent. Download it for later.

Nonprofit

The Charity CFO

APRIL 11, 2025

Others prefer to see evidence that your organization is financially stable, highlighting diverse funding sources to avoid the appearance of dependency. For example: A government grant might prioritize detailed evidence of your programs efficiency and sustainability, including administrative costs and compliance plans.

Nonprofit

The Charity CFO

FEBRUARY 19, 2025

She encourages organizations to invest in professional design services if possible, as it can yield substantial returns in terms of donor engagement and fundraising success. This realistic approach helps organizations make the most of their available resources while still prioritizing donor engagement. Get the free guide!

Nonprofit

The Finance Weekly

NOVEMBER 25, 2024

The survey reveals that finance professionals see AI as particularly valuable in automating processes like: Financial Reporting (26%) - By handling repetitive tasks like consolidating reports, AI frees finance teams to focus on strategic analysis. The Numbers Speak Volumes And the trend is only growing.

Finance

E78 Partners

JUNE 16, 2025

Common reasons mergers and acquisitions fail include: Inadequate Integration Planning: Without a comprehensive roadmap that aligns with the deal thesis, organizations struggle to prioritize, sequence, and resource integration activities. Let’s say a mid-sized manufacturer acquires a bolt-on supplier to consolidate operations.

Mergers and Acquisitions (M&A)

The Charity CFO

FEBRUARY 12, 2025

The Shift Towards Impact Investing Sheri highlighted a significant shift in the nonprofit world over the past two decades. The number one factor predicting success in this area is the willingness and commitment of leadership to prioritize impact measurement. If you need help with your accounting and bookkeeping, lets talk.

Nonprofit

The Charity CFO

OCTOBER 28, 2024

Investing in Employee Development Despite budget constraints, Tiffany emphasized the importance of investing in employee development. By prioritizing HR and working with experienced professionals, nonprofits can protect their organizations, support their employees, and focus on fulfilling their missions. Get the free guide!

Nonprofit

The Charity CFO

MARCH 7, 2025

This might come as a surprise to many, but yes, even during the busiest times of the year, Im able to step away and invest in myself and my business. The Power of Community and Strategic Retreats Prioritizing your wellbeing is a critical component but lets shift gears to focusing on working on the business rather than in the business.

CFO

Embark With Us

MARCH 26, 2025

ESRS The EC has proposed a significant revision to the ESRS aimed at streamlining requirements and reducing the reporting burden on companies. Instead, a voluntary standard—based on European Financial Reporting Advisory Group's ( EFRAG) December 2024 guidance for non-listed SMEs—will be made available for companies outside the CSRD’s scope.

Compliance

CFO Dive

JULY 22, 2025

While 49% of respondents said their organizations have established formal cybersecurity risk programs, only 30% reported that such programs are prioritized based on business objectives. Qualys found that just 14% of organizations use a cyber-risk approach that ties together integrated risk scenarios with financial measurements.

Finance

The Charity CFO

DECEMBER 30, 2024

Supportive Work Environment: The organization prioritizes creating a workplace where employees feel valued and supported. Frame donations as investments in your mission rather than mere gifts. Do You Struggle to Make Sense of Your Financial Statements? Look beyond government funding and explore community support.

Nonprofit

CFO Dive

JUNE 24, 2025

Working in concert with the chief information security officer, the CFO can “better understand the probability and exposure to risk, set metrics on spending and ROI, and communicate recommendations for prioritizing cybersecurity spending,” they wrote. You can unsubscribe at anytime. Registered in England and Wales. TechTarget, Inc.s

CFO

The Charity CFO

NOVEMBER 6, 2024

Prioritize Depth Over Volume: Focus on developing deeper relationships with fewer donors rather than casting a wide net. Offer diverse engagement opportunities: Present multiple ways for donors to contribute, including non-financial options. These methods described by Alex point to an important human element. Get the free guide!

Nonprofit

PYMNTS

NOVEMBER 21, 2016

Businesses today are extra careful about where they place their money — if they invest at all, that is. This week, we take a look at how companies are investing. In some cases, firms are investing in outsourced services to stay ahead of the competition. and Europe dominated in 2015. 83% of U.S. and Europe dominated in 2015.

Investments

Spreadym

AUGUST 17, 2023

A financial reporting dashboard is a visual representation of financial data and key performance indicators (KPIs) presented in a consolidated and easily digestible format. Decision Making : Financial reporting dashboards enable data-driven decision making by providing stakeholders with timely and accurate information.

Financial Reporting

Bramasol

JULY 22, 2023

Global ESG Regulatory Requirements One of the major ESG compliance developments to watch is the US Securities and Exchange Commission (SEC) proposed regulation on Climate-Related Disclosures and ESG Investing. The CSRD is part of the EU’s European Green Deal and the Sustainable Finance Agenda.

IFRS

Future CFO

AUGUST 1, 2023

This highlights the demand for financial risk management and expense tracking capabilities in financial applications to identify current risks, prioritise profitability, eliminate the paper trail, and reduce administrative effort. The post Capitalising on the Fintech apps in APAC appeared first on FutureCFO.

Invoicing

The Finance Weekly

OCTOBER 9, 2022

As organizations implement new technologies and launch digital initiatives meant to modernize or wholly transform their operations, effective finance and IT collaboration can help to assure that the organization realizes positive outcomes from those investments. Invest in team-building efforts.

Finance

Fpanda Club

FEBRUARY 1, 2021

Though some activities, such as financial reporting, budgeting and forecasting are periodic, they are always characterized by tough deadlines to be respected. Working with large data sets, making complex calculations and logical conclusions should not be an issue for you. Resilience to stress and ability to work under pressure.

Finance

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. That includes investing in people and business processes that can help your AI initiative be successful.

Financial Planning and Analysis (FP&A)

CFO Talks

AUGUST 21, 2024

Following local tax laws, international financial reporting standards (IFRS), and other rules is essential but challenging. Staying informed about upcoming changes allows for proactive adjustments in financial reporting and tax planning. CFOs must balance short-term financial stability with long-term growth goals.

Corporate Finance

Centage

SEPTEMBER 5, 2023

With more shoppers prioritizing necessities, businesses increasingly have to make adjustments to stay in the black. A low valuation customer who typically purchases high margin items later on is a good investment. When you alleviate manual tasks with the right tools, you have time to invest in deep analysis.

Financial Planning and Analysis (FP&A)

CFO Talks

MARCH 14, 2024

The position of Chief Financial Officer has evolved significantly over the past few decades. No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making. Delegation and Empowerment: No CFO can do it all alone.

Prioritization

Centage

DECEMBER 7, 2022

In addition, here are key requirements to evaluate and prioritize as part of your budgeting and planning process to ensure you are ready for the year ahead. Real-time reporting – specifically around variance reporting, and alerting.

Budgeting

The Charity CFO

JANUARY 21, 2022

Fund accounting differs from for-profit accounting in that it prioritizes accountability, though it does add some complexity to the bookkeeping and accounting process. As a nonprofit, you have to share your profitability, revenue streams, expense reports, and net assets with many different people, including the general public.

Nonprofit

CFO Talks

OCTOBER 10, 2024

By identifying key profit drivers and improving financial reporting , the business was able to grow efficiently and profitably. Whether you’re an SME seeking cost-effective financial leadership or a large organization needing specialized support, fractional CFOs are proving to be a game-changer for businesses worldwide.

Leadership

Michigan CFO

MAY 27, 2025

More Than Just Numbers When TK Mold brought on Dennis Weist from Michigan CFO Associates, the ensuing changes went far beyond financial reporting. Cost Control Recurring expenses were audited and reduced; capital expenditures were prioritized and planned with more discipline. Or they assume a CFO is only viable for larger firms.

Cash Flow Forecasting

CFO Plans

SEPTEMBER 24, 2024

Take, for example, a tech startup that used virtual accounting to manage its finances remotely, saving on overhead costs and allowing for real-time financial tracking. These services can help you keep track of expenses, manage payroll, and ensure accurate financial reporting, all while keeping costs down.

Tax Planning

The Charity CFO

JUNE 7, 2023

Statement of Activities Financial Uses Assessing Revenue Sources : Analyze the various revenue sources of a nonprofit, such as donations, grants, program fees, and investment income. This information is crucial for financial planning, budgeting, and identifying potential areas of revenue growth. accounts payable, loans).

Nonprofit

PYMNTS

OCTOBER 29, 2018

More than 670 professionals at mid-sized and large firms were asked about how they collaborate with human resources and IT departments, both areas of the enterprise that have significant impacts on financial management.

CFO

The Finance Weekly

JULY 19, 2022

FP&A teams are responsible for a variety of activities, including periodic financial close and consolidations, strategic and annual planning, monthly forecasting, cash flow forecasting, financial reporting, financial modeling, and what-if scenario planning and analysis.

Financial Planning and Analysis (FP&A)

Spreadym

SEPTEMBER 22, 2023

Poor Documentation: Failing to document financial processes, decisions, and discussions can create confusion and make it challenging to track and audit financial activities. Inadequate Reporting: Providing incomplete or inaccurate financial reports can mislead team members and decision-makers.

Communication

PYMNTS

JUNE 12, 2019

Azoulai continued, “Goodwill prioritizes sustainability over ownership, and we’re proud to bolster their rapidly growing eCommerce operations by making it easier for people to purchase items from across the country.”.

eCommerce

The Charity CFO

MAY 19, 2023

This involves tracking revenue from various sources (donations, grants, program fees, investment income etc.) Supporting fundamental financial processes By monitoring and maintaining your cash flow, you can set your organization up for easier and smoother financial reporting processes. Get the free guide!

Cash Management

The Charity CFO

OCTOBER 9, 2024

Instead, accounting software prioritizes accuracy, standardization, and regulatory compliance. For nonprofits, GAAP ensures transparency, accuracy, and consistency in financial statements. Accurate and transparent financial data makes it easier for stakeholders and regulators to understand an organization’s financial health.

Accounting

CFO Plans

SEPTEMBER 24, 2024

This accessibility ensures that business owners and financial advisors can collaborate seamlessly, leading to more effective financial planning and tax strategy formulation. Imagine reviewing your financial reports while on a business trip, ensuring you never miss a critical update.

Tax Planning

Spreadym

NOVEMBER 3, 2023

Financial planning typically includes the following key components: Setting Financial Goals: Identify and prioritize your short-term and long-term financial objectives, such as saving for retirement, buying a home, paying off debt, or funding your children's education. Liquidity Ratios: a.

Planning