CFO Leadership

FEBRUARY 16, 2022

Use our guide to understand and explore the factors that can make it advantageous to embrace a risk management strategy for foreign exchange. Developing an effective risk-management strategy can be as critical for those businesses as having a viable business model. Develop a clear and simple risk management policy.

Risk Management 52

Risk Management Currencies Foreign Exchange Valuation 52

Spreadym

NOVEMBER 3, 2023

Financial planning is the process of assessing your current financial situation, setting financial goals, and creating a strategy to achieve those goals. It involves evaluating your income, expenses, assets, and liabilities to develop a comprehensive plan for managing your finances effectively.

Planning 59

Planning Strategic Planning Budgeting Forecasting 59

Future CFO

SEPTEMBER 21, 2023

Tony Allen , chief technological officer at subscription management software and recurring billing platform Recurly , dives deeper into the critical partnership between the CFO and CTO. The post The dynamic Duo of CTO, CFO in financial forecasting appeared first on FutureCFO.

Forecasting 52

Forecasting CFO Budgeting Investments 52

Spreadym

JUNE 27, 2023

What is Financial Planning and Analysis or FP&A? FP&A is a process used by organizations to develop and manage their financial plans and make informed decisions based on financial analysis. What is Financial Planning and Analysis? Why Financial Planning and Analysis (FP&A) is important?

Financial Planning and Analysis (FP&A) 52

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

Spreadym

MAY 10, 2023

What-if analysis is a technique used in financial planning and decision-making business software to assess the potential outcomes of different scenarios or changes in variables. The best option in this case is if your planning software allows to collect and analyses information from different sources in real time.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Performance Measuring Risk Management 52

Spreadym

JUNE 15, 2023

Driver-based planning is a strategic planning approach that focuses on identifying and prioritizing key drivers or factors that have a significant impact on the performance and success of a business. It involves analyzing and understanding these drivers to develop effective plans and make informed decisions.

Planning 52

Planning Prioritization Concentration Compliance 52

Fpanda Club

NOVEMBER 15, 2022

Various types of uncertainty can be well illustrated by the so-called Rumsfeld matrix widely used in risk analysis and risk management. From the FP&A’s standpoint the level of awareness and the level of accuracy can be used as these dimensions and then incorporated into forecasting and analysis.

Concentration 130

Concentration Forecasting Risk Management Risk Analysis 130

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. You can learn more about fractional CFOs here.

CFO 52

CFO Risk Management Cost Management Forecasting 52

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

Future CFO

APRIL 26, 2023

The talent challenge is now becoming a table stake for all leaders, with 55% of respondents to the same PwC Pulse Survey acknowledging this as a serious business risk, 78% that plan to enhance their cyber risk management, and 42% who want to see accountability for climate change governance being assigned to a person-in-charge.

CFO 98

CFO Financial Planning and Analysis (FP&A) Risk Management Budgeting 98

CFO Plans

JUNE 14, 2024

Discover how our strategic accounting services can embolden your financial strategy and risk management. Cloud-Based Accounting Software for Future Financial Management Gone are the days of manual bookkeeping and cumbersome spreadsheets. At CFO Plans, we understand the transformative power of strategic accounting services.

Accounting 52

Accounting CFO Manufacturing Tax Planning 52

PYMNTS

NOVEMBER 9, 2017

More than a third (36 percent) of survey respondents said fraud monitoring and risk mitigation are the areas in which CFOs are most falling short. That’s followed closely by performance risk management and strategic/operational risk management, each cited by 32 percent of survey respondents as areas in which CFOs fail to deliver.

Risk Management 43

Risk Management CFO Treasury Communication 43

Spreadym

OCTOBER 3, 2023

Financial Planning and Analysis (FP&A) candidates are professionals who specialize in financial planning, budgeting, forecasting, and analysis within an organization. Strategic Thinking: FP&A candidates align financial goals with the company's strategic objectives, contributing to long-term planning and decision-making.

Financial Planning and Analysis (FP&A) 59

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

Global Finance

JUNE 14, 2024

Banks are now prioritizing four key areas: liquidity management with a balanced portfolio view including commercial real estate (CRE), enterprise protection with anti-fraud and cybersecurity, operational resiliency and sustainability with climate risk and green products. Overall, balanced risk management is the ultimate goal for banks.

Leverage 91

Leverage Risk Management Concentration Compliance 91

Planful

OCTOBER 25, 2016

Another panelist highlighted their investment in inventory, as well as managing growth in the business. How do you balance the core responsibilities of Finance with risk management? Making timely, relevant, and accurate data available across the business is critical to effective decision-making and risk management.

Risk Management 40

Risk Management CFO Budgeting Benchmarking 40

CFO Talks

FEBRUARY 9, 2024

To understand how this decision affects a CFO’s skill set, it’s essential to analyse its diverse impacts: Risk Management: CFOs are the forerunners of risk mitigation within their organisations. The decision to maintain interest rates underscores the importance of astute risk assessment.

CFO 52

CFO Strategic Planning Communication Risk Management 52

Future CFO

JANUARY 7, 2024

By leveraging advanced analytics and cloud technology, CFOs can drive strategic insights, improve forecasting accuracy, and optimise cash management. The challenge is in integrating new technologies such as generative artificial intelligence in the organisation's business models and assessing the total cost of risk at multiple levels.

CFO 52

CFO Risk Management Leverage Strategic Planning 52

PYMNTS

JUNE 25, 2020

But whether it’s a pandemic or a natural disaster, it’s really important to think through your resiliency plan.”. Just as with business continuity strategies, developing a resiliency plan must include an enterprise-wide scope and take into account the many unknowns that create only one certainty: Volatility will continue.

Cash Flow Forecasting 60

Cash Flow Forecasting Planning Treasury Forecasting 60

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.

Financial Analysis 52

Financial Analysis Tax Planning Budgeting Forecasting 52

Future CFO

APRIL 30, 2024

In addition, risk management processes typically deal a lot with information processing and preparation, which Chng says makes everything time consuming for analysts to sift through and extract thematic issues that may not be immediately obvious.

Finance 97

Finance Risk Analysis Financial Modeling Leverage 97

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. Financial Strategy and Planning: The CFO plays a vital role in developing financial strategies, budgeting, forecasting, and financial planning.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

Centage

JUNE 7, 2022

Forecast Risk Very few financial decisions are entirely without risk. However, it’s the CFO’s job to assess a company’s financial future and help navigate risk as much as possible. One of the best things you can do as CFO to protect your new company is improve your ability to forecast risk accurately.

CFO 97

CFO Forecasting Budgeting Data Analysis 97

Centage

JANUARY 18, 2024

Financial planning and analysis is at the heart of strategic decision-making for businesses, and as we step into 2024, it’s crucial to align your FP&A processes with the latest trends and best practices. Integrated planning & reporting All too often, the finance team finds itself in a silo.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Data Analysis Leverage Risk Management 40

Focus CFO

JUNE 28, 2023

Forecasting Macroeconomic Storms The First Storm Front (late 2023 to 2024) Our friends at ITR Economics —known for their forecast accuracy—have been predicting a macroeconomic recession likely to begin toward the end of 2023 and persist throughout 2024. For many years, ITR has been forecasting a MAJOR downturn in the 2030s.

Economics 52

Economics CFO Forecasting Communication 52

VCFO

FEBRUARY 15, 2023

She is highly effective at executing finance function strategically, establishing financial and risk controls, and overseeing capital structure. Lee Ann’s depth and breadth of expertise includes board reporting, audit preparation, business plan development, market research and analysis, risk management, and capital requirements.

Auditing 52

Auditing CFO Risk Management Budgeting 52

CFO Talks

MARCH 14, 2024

They play a crucial role in strategic planning, risk management, and driving innovation, extending their influence far beyond the finance department. Risk Management: Given the CFO’s role in identifying and mitigating risks, tasks related to safeguarding the company’s assets and financial health are critical.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

Future CFO

MAY 22, 2024

Jackson Ng Ng thinks the CFO oversees the implementation of robust financial controls and risk management strategies to safeguard the organisation throughout the transformation journey. Their influence is felt by directing financial plans that propel and uphold the agenda for change.”

CFO 52

CFO Leadership Risk Management Communication 52

Future CFO

FEBRUARY 4, 2024

IDC forecasts that the APAC GenAI market will grow by 85% CAGR from 2022 to 2027, with the financial services industry as one of the leading adopters. For instance, GenAI can help automate mundane tasks such as expense tracking, flag data anomalies, and deliver data-driven recommendations for risk assessments and resource planning.

Finance 98

Finance CFO Leadership Risk Management 98

Beacon CFO Plus

NOVEMBER 15, 2023

They provide insights into budgeting, forecasting, and financial planning. Cash Flow Management: Managing cash flow is critical for SMEs. Risk Management: Identifying and mitigating financial risks is crucial for SMEs.

CFO 52

CFO Budgeting Strategic Planning Financial Analysis 52

The Charity CFO

MAY 22, 2024

Depending on the organization, a CFO may have many different responsibilities, including: Financial planning and budgeting Cash flow management Regulatory compliance Financial reporting to stakeholders Financial analysis and strategic direction Bookkeeping Overall, a CFO provides strategic financial planning and management.

Nonprofit 52

Nonprofit CFO Compliance Budgeting 52

The Finance Weekly

NOVEMBER 20, 2023

AI is , transforming the finance sector, especially in financial planning and analysis (FP&A). Forecasting and Predictive Analytics AI uses its analytical capabilities to examine past financial data, market patterns, and macroeconomic signals. This provides important insights for managing overall cash flow effectively.

Financial Planning and Analysis (FP&A) 52

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

CFO Share

JULY 27, 2023

AI-powered software can extract data from ERPs or accounting software, and automatically generate financial reports, including balance sheets, income statements, cash flow statements, and management discussion and analysis. Part-time CFO services can help your business take the best decisions based on the outputs given by AI.

CFO 40

CFO Data Analysis Analyzing Data Risk Management 40

CFO Leadership

JANUARY 25, 2024

Most of their finance organizations would be using generative artificial intelligence (GenAI) to enhance their business planning and analysis (BP&A) capabilities and/or bolster the company’s fraud-prevention activities. Environmental, social and governance (ESG) metrics and measurements would top their priority lists.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Profit and Loss Compliance Finance 52

Future CFO

MAY 20, 2022

DOWNLOAD NOW. The post A look at Oracle’s Finance Modernization for banking solution appeared first on FutureCFO.

Finance 52

Finance Banking Risk Management Cost Management 52

The Charity CFO

MAY 19, 2023

By monitoring cash flow, nonprofits gain visibility into their financial health and can make informed decisions about resource allocation, budgeting, and planning. Budgeting and forecasting: outlining projected income and expenses for a specific period, typically annually.

Cash Management 52

Cash Management Nonprofit Compliance Budgeting 52

Michigan CFO

JUNE 7, 2023

Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team. Qualifications Required to Be a Virtual CFO To become a virtual CFO, individuals need a solid foundation in finance, accounting, and business management.

CFO 52

CFO Problem Solving Budgeting Communication 52

Spreadym

SEPTEMBER 12, 2023

Budget preparation is the process of creating a detailed financial plan that outlines an organization's expected income and expenses for a specific period, typically for a fiscal year. This process is essential for effective financial management and decision-making, whether it's for a business, government agency or non-profit organization.

Budgeting 59

Budgeting Strategic Planning Forecasting Economics 59