CFO Selections

MAY 12, 2023

There is a misconception that business services companies do not need to prioritize cash flow management in the same way that retail businesses do because they do not have the same kind of inventory demands. However, cash flow planning is just as important for service providers as it is for retailers because cash is the lifeblood of both!

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting Prioritization Retail 52

The Finance Weekly

DECEMBER 5, 2023

Through advanced analytics and cloud solutions, CFOs can leverage strategic insights to enhance forecasting, optimize cash management, and reconsider organizational frameworks. There's a significant demand for individuals proficient in data analysis, forecasting, and the associated technologies.

Financial Planning and Analysis (FP&A) 52

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

PYMNTS

APRIL 28, 2020

But as the coronavirus crisis spread outside of mainland China and became a worldwide phenomenon in the final few weeks of quarter, Starbucks’ earnings took a sharp hit, which is likely to deepen in Q3, according to Starbucks’ current forecasts. billion in revenue.

Forecasting 63

Forecasting Profit and Loss Prioritization Leverage 63

The Finance Weekly

DECEMBER 22, 2022

Larger companies that have already invested in digital technology may consider expanding or supplementing their strategic technology solutions, such as enterprise resource planning platforms, while smaller companies may prioritize addressing tactical pain points, according to Sachs.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Prioritization 98

The Finance Weekly

MAY 14, 2024

Optimize Inventory Receipt and Forecasting Forecasting is all about figuring out how much stuff you need in stock to meet future demand. Knowing how fast products sell is important, and inventory systems with forecasting tools really help with ordering. Supplier delivery times are also a big deal in forecasting.

Forecasting 52

Forecasting Profit and Loss Prioritization Auditing 52

CFO Network

MARCH 11, 2024

SMBs should prioritize timely payment of invoices to maintain positive relationships with suppliers while taking advantage of any available discounts for early payment. Forecasting for Financial Resilience Forecasting and planning are essential components of effective cash flow management for SMBs.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Invoicing Forecasting 52

Planful

APRIL 16, 2021

While there’s no magic formula to define what’s “healthy” debt, you can answer these questions to decide if your company is ready to prioritize growth over business debt. With worldwide spending on cloud computing forecast to grow by 18% this year, many companies already realize the value of cloud-based technology.

Prioritization 40

Prioritization Financial Planning and Analysis (FP&A) Mergers and Acquisitions (M&A) Profit and Loss 40

CFO Share

APRIL 25, 2024

During this process, you can expect weekly or daily meetings to: Review cash forecasts Identify issues Assign action items and responsibilities These meetings should be very organized with clear agendas posted before and meeting minutes published after. The CFO should facilitate efficient discussion, not ramble or preach.

CFO 52

CFO Forecasting Restructuring Prioritization 52

CFO Share

APRIL 25, 2024

During this process, you can expect weekly or daily meetings to: Review cash forecasts Identify issues Assign action items and responsibilities These meetings should be very organized with clear agendas posted before and meeting minutes published after. The CFO should facilitate efficient discussion, not ramble or preach.

CFO 52

CFO Forecasting Restructuring Prioritization 52

CFO Share

APRIL 25, 2024

During this process, you can expect weekly or daily meetings to: Review cash forecasts Identify issues Assign action items and responsibilities These meetings should be very organized with clear agendas posted before and meeting minutes published after. The CFO should facilitate efficient discussion, not ramble or preach.

CFO 52

CFO Forecasting Restructuring Prioritization 52

PYMNTS

DECEMBER 14, 2020

But there are tactics that organizations can deploy in order to move the needle forward towards their cash flow goals, from prioritizing the most lucrative buyer-seller relationships, to finally ditching the Excel spreadsheet. Many Moving Parts. Optimizing Payments.

Accounts Payable 123

Accounts Payable Cash Flow Forecasting Prioritization Invoicing 123

The Finance Weekly

SEPTEMBER 22, 2022

Their finance team was spending 25% of their overall time exclusively on weekly forecasting. And at the same time, data shows that teams are no more accurate when forecasting weekly. By switching to bi-weekly forecasting, Davie and her team freed up 10% of the forecasting time for other things such as business partnering.

Forecasting 98

Forecasting Prioritization Finance Investments 98

CFO Talks

MARCH 14, 2024

Moreover, the advent of big data and advanced analytics has armed CFOs with tools to forecast trends, optimize operations, and shape company strategies with unprecedented precision. Prioritizing Tasks and Responsibilities In the face of the CFO role’s expansion, effective task prioritization becomes paramount.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

Beacon CFO Plus

NOVEMBER 30, 2023

How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. Data Security and Privacy: Both the CFO and the accounting firm should prioritize data security and privacy.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

Jedox Finance

JANUARY 13, 2023

Increasing efficiency in an organization’s planning, budgeting, and forecasting processes is a key component of financial planning software, according to Gartner. To that end, finance leaders can prioritize solutions that facilitate faster data integrations through prebuilt connectors and offer an intuitive user experience to drive adoption.

Planning 52

Planning Prioritization Forecasting Budgeting 52

Future CFO

MAY 31, 2023

S&P forecasts that Asia-Pacific will achieve real growth of 3.5% Of the many technologies being introduced – AI, data analytics, automation, etc – which do you see are the ones finance will prioritize in the short-term, mid-term and long-term? in 2023 while Europe and the U.S. will likely face recession.

Finance 98

Finance General Ledger Prioritization Auditing 98

Centage

APRIL 4, 2023

With more shoppers prioritizing necessities, businesses increasingly have to make adjustments to stay in the black. Sophisticated FP&A software tools like Planning Maestro enable finance teams to automate routine tasks such as manual data entry, accelerating workflows and improving forecasting.

Financial Planning and Analysis (FP&A) 98

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

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

Spreadym

OCTOBER 13, 2023

It involves several key components and strategies, including: Cash Flow Forecasting : Businesses need to project their future cash flows based on historical data, sales forecasts, and other relevant factors. Update your forecasts as conditions change, allowing you to proactively address potential issues.

Cash Flow Forecasting 59

Cash Flow Forecasting Accounts Payable Forecasting Invoicing 59

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

MARCH 2, 2017

billion, which is $100 million more than the bank previously forecasted. Since the announcement of our Payments, Virtual Solutions and Innovation Group in October, our goal has been to redefine the next generation of capabilities and offerings and to prioritize research and development that elevates the customer experience.”.

Forecasting 40

Forecasting Prioritization Accounting Banking 40

Centage

SEPTEMBER 11, 2023

Develop a plan to address the variances in your financial forecasting. You must prioritize the ones that have the most significant impact on your business. Revenue Variances You always want to analyze the differences in your sales forecasting and what the revenue ended up being. Or did it develop from unforeseen events?

Financial Planning and Analysis (FP&A) 105

Financial Planning and Analysis (FP&A) Budgeting Forecasting Performance Measuring 105

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. 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.

Finance 98

Finance Compliance Economics Prioritization 98

Spreadym

AUGUST 2, 2023

Revenue Forecasting: The budgeting process begins with forecasting the company's expected revenues for the budget period. This forecast may be based on historical data, market trends, sales projections, and other relevant factors.

Budgeting 52

Budgeting Forecasting Prioritization Strategic Planning 52

The Finance Weekly

MAY 5, 2024

Strategic Sales Planning When it comes to strategic planning, sales shouldn't just focus on yearly targets but also look ahead with sales forecasts. Sales planning focuses on forecasting potential cash flows and profitability , laying the groundwork for achieving desired sales targets. What is Revenue Planning?

Planning 52

Planning Sales Forecasting Strategic Planning 52

PYMNTS

SEPTEMBER 23, 2020

The application will help to provide prioritization over what work is done, with automatic logging of correspondence and a built-in tonality based on the type of client. Intelligent Planning helps boost accurate cash flow predictions, which in turn can bolster sustainable growth through well-placed strategy, the release noted.

Corporate Finance 70

Corporate Finance Finance Cash Flow Forecasting Vendor Management 70

Onplan

JANUARY 12, 2022

To date, you’ve built a 30-person team colocated with you in California, prioritizing speed over cost efficiency, but now it’s time to consider whether to keep that approach, or start to build out a back office in a lower cost geography. But how do you weigh the headcount cost of each option? Let’s start by laying out the options.

Financial Planning and Analysis (FP&A) 89

Financial Planning and Analysis (FP&A) Planning Forecasting Prioritization 89

PYMNTS

JANUARY 26, 2021

President and CEO Chuck Fagan of credit union service organization PSCU said that while financial institutions (FIs) had forecast returns on assets (ROAs) would fall to 30 basis points in the new year, CUs have told him they are gaining confidence regardless.

Prioritization 110

Prioritization Forecasting Banking Technology 110

KG Virtual CFO

OCTOBER 12, 2020

Utilize Financial Forecasting If you’ve never heard of financial forecasting, here’s a brief rundown. Financial forecasting can help you estimate your business’s future financial health by looking at past financial data and reports. Forecasts can help you estimate future income, expenses, profit, and cash flow.

Budgeting 52

Budgeting Cash Flow Forecasting Prioritization Forecasting 52

PYMNTS

JANUARY 28, 2021

But that reading is better than the 20 percent decline that had been forecast by the organization in April, as the pandemic hit hard across the globe. The World Bank forecasts for 2021 may not occur,” he said. The pressure is such that we may see another 7.5 percent decline this year, said the report. Agrawal is more optimistic.

Marketing 117

Marketing Prioritization Economics Forecasting 117

Centage

APRIL 12, 2022

While over 60 percent wanted to focus on budgeting and forecasting, another 52 percent intended to invest resources into growth, acquisition, and reorganization. A further 39 percent planned to prioritize cash flow and funding activities and purchases. Top Priorities FP&A priorities for 2022 varied among finance leaders.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

NOVEMBER 20, 2023

Forecasting and Predictive Analytics AI uses its analytical capabilities to examine past financial data, market patterns, and macroeconomic signals. These predictions help prioritize accounts that are at risk, making collection efforts more efficient. 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

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

Centage

SEPTEMBER 5, 2023

With more shoppers prioritizing necessities, businesses increasingly have to make adjustments to stay in the black. Sophisticated FP&A software tools like Planning Maestro enable finance teams to automate routine tasks such as manual data entry, accelerating workflows and improving forecasting.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Benchmarking Valuation 98

Spreadym

MAY 10, 2023

By varying one variable at a time while keeping others constant, you can assess the sensitivity of financial models or forecasts to changes in that specific variable. This analysis provides insights into which factors have the most significant impact on your financial results and helps you prioritize your focus.

Financial Planning and Analysis (FP&A) 52

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

Centage

MARCH 15, 2022

If you want to ensure your forecasts are based in reality, it’s crucial to gather up-to-date, reliable information from multiple sources. For best results, involve different people in providing scenarios and data and reviewing the forecasts. Instead, prioritize by focusing on no more than four scenarios to get started.

Planning 98

Planning Forecasting Budgeting Prioritization 98

The Finance Weekly

OCTOBER 13, 2022

This year’s list of Best Companies for Work-Life Balance are known for cultivating workplaces that prioritize their employees’ mental health and flexibility, ultimately creating a more engaged and productive workforce.”. This easy to use finance tool can create accurate reports and forecasting models from your finance databases in real-time.

Financial Planning and Analysis (FP&A) 98

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