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

Centage

AUGUST 15, 2022

For this reason, many companies opt to abandon Excel budgeting in favor of a tool that can handle driver-based planning and forecasting. Data Integrity Are you sure that your current forecasts are accurate? Driver-based planning lets businesses focus on key indicators while ignoring the noise.

Budgeting 105

Budgeting Planning Forecasting GAAP 105

PYMNTS

DECEMBER 18, 2020

billion in revenue on an adjusted (non-GAAP) basis. Management said the company is not offering a fiscal 2021 earnings forecast, and noted that the capital spending outlook for the year stays at $5.1 For Q2 fiscal 2021, FedEx reported $4.83 in diluted earnings per share (EPS) on $20.6 Those results exceeded the $2.51

GAAP 105

GAAP Transportation eCommerce Forecasting 105

The Finance Weekly

MARCH 25, 2024

Specifically, here are some key corporate matters the CFO is in charge of: Forecasting One key thing to note is that CFOs do more than just report the current situation. The CFO's job is to decipher various departmental forecasts to create profit projections for the CEO and shareholders.

CFO 97

CFO Finance Forecasting GAAP 97

Centage

DECEMBER 7, 2022

the maker of QuickBooks Online Advanced, to bring automated budgeting, forecasting, reporting and analytics capabilities to QuickBooks Online Advanced customers and mid-market organizations looking for more robust and streamlined budgeting capabilities. Key Priorities & Requirements for Finance in 2023. Seamless Integration.

Budgeting 98

Budgeting Planning Forecasting GAAP 98

PYMNTS

FEBRUARY 20, 2020

As it sold more wearable devices and average selling price fell, which was driven by more affordable devices as well as higher promotions, Fitbit reported a non-GAAP net loss of $31 million for the fourth quarter. International revenue fell 7 percent year-over-year to arrive at $226 million. revenue dropped 16 percent to $276 million.

GAAP 52

GAAP Forecasting Planning Retail 52

Cube Software

MAY 11, 2023

Think of pro forma statements as a monetary crystal ball, a guiding financial forecast. The Securities and Exchange Commission (SEC) requires that discrepancies between pro forma and GAAP-compliant financial reports be explained when released to the public. A pro forma invoice is not a type of pro forma financial statement.

GAAP 40

GAAP Financial Planning and Analysis (FP&A) Profit and Loss Accounting Principles 40

Centage

APRIL 28, 2022

affordable and intuitive, cloud-native platform that lets its clients easily budget, forecast financial performance, analyze results and share critical information across the organization quickly. Out of the gate, Planning Maestro offered companies of all sizes a better way to plan, budget, forecast and report their financial performance.

Financial Planning and Analysis (FP&A) 98

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

PYMNTS

FEBRUARY 27, 2020

PayPal said that after thoroughly analyzing the evolving Coronavirus effect, it is anticipating about a 1 percent drop in its first-quarter 2020 revenue, closer to the lower end of the forecasted range of $4.78 The payments firm also said it was reaffirming first0quarter 2020 GAAP and non-GAAP EPS guidance. “At

GAAP 52

GAAP Manufacturing Forecasting Currencies 52

The Finance Weekly

FEBRUARY 20, 2022

Cash flow forecasting provides you that much-needed knowledge and is the most efficient approach to begin future-proofing your company for the coming year. Whether you're dealing with one of these challenges or all of them, any of them can make it difficult to get a clear image of your company's forecasted cash position.

Financial Planning and Analysis (FP&A) 52

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

PYMNTS

FEBRUARY 1, 2017

However, Vantiv did see a decrease in its net income per diluted share on a GAAP basis, dropping 6 percent to $0.29. Vantiv’s fourth-quarter profit was $47.8 million, and its total revenue hit $955 million, a 12 percent increase compared to the same period in 2015. It’s adjusted revenue was $502.4

Forecasting 40

Forecasting GAAP Investments 40

PYMNTS

JULY 17, 2017

In a press release late Friday announcing the news, Target said it now expects a modest increase in its second quarter comparable sales and that it anticipates reporting Q2 2017 GAAP and Adjusted EPS Target shares above the high end of its previous guidance range of $0.95 Both GAAP and Adjusted EPS are expected to reflect a $0.05

GAAP 40

GAAP Sales Forecasting Retail 40

PYMNTS

MARCH 13, 2020

Slack forecast billings at $970 million to $1 billion for the fiscal year, representing 27 percent to 31 percent year-over-year growth. But analysts had forecast an average estimate of $1.02 Despite the decline in the markets and its less-than-forecasted billing outlook, Slack reported total revenue of $181.9

GAAP 56

GAAP Forecasting Communication CFO 56

PYMNTS

APRIL 17, 2020

The company retracted its 2020 forecast for gross bookings, adjusted net revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA). It is also anticipating a GAAP revenue drop of $17-$22 million in the first quarter and $60-$80 million in the second quarter.

Profit and Loss 58

Profit and Loss GAAP Forecasting Economics 58

PYMNTS

MARCH 13, 2019

The company posted a 42 percent increase in subscription revenue growth year-over-year, with non-GAAP earnings of 18 cents per share. million GAAP operating loss (compared to $9.1 Yet the company posted a $14.7 million for the same period last year), with net losses at $16.6 million (up from $8.7 million a year prior).

GAAP 46

GAAP Leadership B2B Risk Management 46

Centage

NOVEMBER 8, 2023

Here are three key benefits of adopting nonprofit budgeting and forecasting software. The best financial management software is totally automated and GAAP-compliant, and gets rid of the pain from errors cased by linking complex formulas and macros across spreadsheets. No programming. No formulas. No links and logic to maintain.

Financial Planning and Analysis (FP&A) 52

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

CFO Leadership

OCTOBER 10, 2023

With the pending release of ChatGPT plugins that can do everything from browse the internet to write computer code, an array of additional functionalities such as real-time analytics, advanced forecasting, and intelligent customer service are coming in the very near future. With a large and diverse enough data set (e.g.

Finance 95

Finance Accounting Auditing IFRS 95

Future CFO

APRIL 18, 2022

DOWNLOAD NOW. The post IBM Cognos Controller: Financial close management managed by the office of finance appeared first on FutureCFO.

Finance 52

Finance IFRS GAAP Accounting Principles 52

Strategic Treasurer

MARCH 6, 2023

I think those are those are key aspects because forecasting has to account for bank geography specific activity, forecasting your cash and it looks very different if you’re doing it from an FP&A perspective. And AR would hit a cash clearing account, now those cash clearing accounts are treated as cash for GAAP purposes.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Treasury GAAP 52

Centage

NOVEMBER 22, 2023

This quote, from the Controller at a multi-entity vineyard and winery in California , is representative of the pain points involved with rolling up multiple P&Ls: “I’d have a spreadsheet with 20 tabs , all of which were linked to a GAAP-based P&L on the first tab. In turn, I was able to upload those expenses into Centage.

Profit and Loss 52

Profit and Loss Budgeting GAAP Financial Reporting 52

Onplan

DECEMBER 16, 2021

In the Candy Cane building, he checks in on his naughty or nice accounting team (they do great work but don’t follow GAAP principles, and naughty and nice are never in balance). Santa reviews, revises, and improves his headcount forecasting processes as his needs and goals change and new data becomes available.

Planning 52

Planning Budgeting Forecasting GAAP 52

Onplan

DECEMBER 16, 2021

In the Candy Cane building, he checks in on his naughty or nice accounting team (they do great work but don’t follow GAAP principles, and naughty and nice are never in balance). Santa reviews, revises, and improves his headcount forecasting processes as his needs and goals change and new data becomes available.

Planning 52

Planning Budgeting Forecasting GAAP 52

Onplan

DECEMBER 16, 2021

According to GAAP standards , revenue can only be recognized once it is ‘earned’. They forecast revenue based on accurate pipeline data and continuously track the relationship between bookings, billings, and revenue. Companies that close a lot of yearly billing deals tend to have high deferred revenue.

GAAP 59

GAAP Invoicing Forecasting Financial Systems 59

PYMNTS

DECEMBER 30, 2019

Grubhub’s stock is down about 35 percent year to date and third-quarter sales announced in October totaled $322 million, missing analysts’ forecasts of $330.5 30, Grubhub’s non-GAAP net earnings dropped to $77.5 For the nine months ending Sept. million from $135.7 million a year earlier despite a 35 percent uptick in sales. . “We

Profit and Loss 52

Profit and Loss GAAP Forecasting Sales 52

CFO Leadership

OCTOBER 18, 2023

With the pending release of ChatGPT plugins that can do everything from browse the internet to write computer code, an array of additional functionalities such as real-time analytics, advanced forecasting, and intelligent customer service are coming in the very near future. With a large and diverse enough data set (e.g.

Finance 52

Finance Accounting Auditing IFRS 52

Onplan

DECEMBER 16, 2021

According to GAAP standards , revenue can only be recognized once it is ‘earned’. They forecast revenue based on accurate pipeline data and continuously track the relationship between bookings, billings, and revenue. Companies that close a lot of yearly billing deals tend to have high deferred revenue.

GAAP 52

GAAP Invoicing Forecasting Financial Systems 52

The Finance Weekly

DECEMBER 18, 2021

In addition to accounting processes, the CFO leads prospective financial activities that are part of the vision: forecasting, budgeting, mergers, and investments. Forecasting is another reason to choose a CFO over a controller. The case for a CFO.

CFO 52

CFO Budgeting GAAP Accounting Principles 52

CFO Share

MARCH 14, 2022

Audited financial statements focus on compliance with GAAP accounting standards, whereas Quality of Earnings reports focus on the company’s earnings history and potential. Buyers use the results of a QOE report to feel confident in their acquisition, negotiate better terms, or walk away from a deal with too many problems under the hood.

Auditing 52

Auditing GAAP Accounting Principles Profit and Loss 52

BlueLight

MAY 1, 2020

The Controller is responsible for generating the three main financial statements and ensuring these statements comply with GAAP and other regulatory requirements. The FP&A function helps all groups within the company make better decisions by taking historical data, forecasting future performance, and running sensitivity analyses.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Strategic Planning Startups 52

Planful

SEPTEMBER 6, 2021

Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)-compliant, so you can focus on what matters—telling your company’s financial story. Your financial reports and forecasts should quickly engage shareholders and investors, and manual, Excel-based processes aren’t set up to do that.

Financial Reporting 40

Financial Reporting Valuation IFRS GAAP 40

Centage

NOVEMBER 22, 2021

It’s all automated and GAAP compliant. With Planning Maestro , Centage offers the sophisticated features needed by small and mid-market organizations to integrate budgeting , forecasting , and deep data analysis within one easy-to-use, scalable SaaS solution. No programming. No formulas. No links and logic to maintain.

Financial Planning and Analysis (FP&A) 72

Financial Planning and Analysis (FP&A) Nonprofit Planning Finance 72

The CFO College

JUNE 3, 2021

Acquiring these advanced types of services, like setting up a permanent audit trail, rolling cash forecast, month-end reporting, and strategic planning, is the secret sauce your potential client needs to know how their money flows in and out of their company (and what their financial future will look like).

Accounting 52

Accounting CFO Auditing General Ledger 52

The Charity CFO

MAY 11, 2023

When determining your needs, be sure to consider what your complete financial package looks like and where you might need some help.

Nonprofit 52

Nonprofit Communication Auditing GAAP 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. Budgeting and rolling forecasts, as well as what-if scenario planning. Key features.

Financial Planning and Analysis (FP&A) 52

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

Planful

JANUARY 3, 2017

Orchestrating and managing a rolling forecast process. What-if modeling of different financial or operational scenarios (M&As, reorganizations, new product or market entry, long-range planning, cash flow forecasting, etc.). These customers are able to: Reduce planning and forecasting cycles by up to 50%. Enterprise modeling.

General Ledger 40

General Ledger Budgeting Forecasting Cash Flow Forecasting 40

Musings on Markets

JULY 14, 2021

Almost in parallel, accounting as a profession found its footing and worked on creating rules that would apply to reporting, at least at publicly traded companies, with GAAP (Generally Accepted Accounting Principles) making its appearance in 1933.

GAAP 52

GAAP Forecasting Accounting Numbers 52

Planful

JULY 27, 2016

Not being compliant with US GAAP or IFRS. Most cloud-based applications are part of an integrated suite that supports budgeting, planning, forecasting, financial consolidation, reporting and analysis of the business. Challenges in consolidating multiple spreadsheets and correcting errors. Lack of controls and audit trails.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Value-Added Analysis Budgeting 40