The Finance Weekly

JANUARY 1, 2023

2) The Importance of Trustworthy, Independent SOC Reports in FP&A. Some tips from the article include how to consolidate data, how to prioritize KPIs, why it’s important to use integrations, and the best way to conduct financial automation. Read the FP&A Software Solution Comparison here. Read the , full article.

Finance 98

Finance Compliance Economics Prioritization 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. But it’s a heavy lift and it requires skill sets you may not have in-house.

Financial Planning and Analysis (FP&A) 115

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

VCFO

JUNE 29, 2023

A CFO will evaluate financial performance, and bring attention to potential issues. They also rely on the CFO’s leadership, providing up to date communication, and accurate financial reporting. Additionally, a fractional CFO can add capacity by taking on select projects and provide specialized expertise as needed.

Nonprofit 69

Nonprofit Finance CFO Compliance 69

Centage

DECEMBER 7, 2022

Earlier this year we announced that we’d teamed up with global technology firm Intuit Inc. , Here are 4 priorities finance teams should be focusing on today: Improve reporting – it’s important to get a strong handle on the metrics of your business – those drivers of your business that you can track and analyze and move your business.

Budgeting 98

Budgeting Planning Forecasting GAAP 98

The Charity CFO

JULY 3, 2023

Check in with them regularly to ensure they understand: How the goals apply to the mission What their role is in achieving the goal How they should be measuring progress Stakeholders, from the board and donors to employees, can help prioritize goals and allow leaders to zero in on the ones that are most critical to success moving forward.

Nonprofit 52

Nonprofit Analyzing Data CFO Prioritization 52

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. IT can assist Finance with Business Reporting.

Finance 98

Finance Budgeting CFO Forecasting 98

Future CFO

OCTOBER 2, 2019

Finance departments can save their teams from 25,000 hours of avoidable rework caused by human errors by deploying RPA in their financial reporting processes, said Gartner recently. However, only 29% of RPA Adopters have implemented the technology for financial reporting, according to the advisory firm.

Finance 40

Finance Prioritization Financial Reporting Accounting 40

PYMNTS

NOVEMBER 21, 2016

Researchers agreed that this shows a continually high level of interest in the financial technology and innovation space among investors, despite the overall drop in VC funding. More than half of CFOs will boost investment in outsourced financial reporting , found the latest data from EY. and Europe dominated in 2015.

Investments 74

Investments Prioritization Startups Financial Reporting 74

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 58

CFO Corporate Finance Finance Risk Management 58

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 130

Finance CFO Communication Prioritization 130

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.”. Other Goodwill member organizations are also tapping into technology platforms.

eCommerce 58

eCommerce Prioritization Auditing Sales 58

Spreadym

JUNE 27, 2023

This includes analyzing revenue and expense trends, profitability, cost drivers, key performance indicators (KPIs), and financial ratios. Resource Allocation: Financial Planning and Analysis helps organizations allocate their resources effectively. They analyze key financial metrics, ratios, and profitability drivers.

Financial Planning and Analysis (FP&A) 52

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

Planful

JANUARY 11, 2022

In 2018, McKinsey reported that CFOs who didn’t adopt digital innovations like artificial intelligence (AI) were in danger of falling behind their counterparts in IT and marketing. When the COVID-19 pandemic hit two years later, it forced businesses to prioritize digital to stay afloat. Essential Terms.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40

The Finance Weekly

APRIL 27, 2022

If formal policies are not in place, first prioritize where to start (i.e., Following that, refine the policies as necessary as you go along (policies affected by technological advances and the transition to remote/hybrid work should be consistently revisited). The key policies need to be documented. Leverage closing checklists.

Leadership 52

Leadership Financial Planning and Analysis (FP&A) CFO Communication 52

The Charity CFO

AUGUST 15, 2023

Outdated workplace: Technology isn’t the wave of the future, it’s an essential element in today’s workplace. Accountants deserve positions that leverage technology to improve the department and the organization and when they don’t get that, it creates a challenge. Do You Struggle to Make Sense of Your Financial Statements?

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

Spreadym

JUNE 19, 2023

Categorize and prioritize your expenses to identify essential versus discretionary spending. This flexibility helps to configure the reporting process considering all peculiarities of business. Reporting Limitations: Some users have reported limitations in terms of advanced reporting capabilities in FreshBooks.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Accounts Payable 52

The Charity CFO

MARCH 2, 2022

I don’t know if my financial reports are inaccurate. You’ve seen a lot of financial reports. Tosha Anderson: But the funny thing is running the financial reports in a modern accounting system does not take any time hardly at all. I don’t know what, I don’t know. So you need to be.

Nonprofit 98

Nonprofit Auditing Reconciliations Accounting 98