CFO Share

OCTOBER 13, 2023

These components aren’t just indicators of present stability—they forecast future success. Key takeaways for business leaders include: Maintaining an emergency fund for unforeseen expenses Timely collection of accounts receivable Monitoring inventory and purchasing vs. forecasts to avoid overstocking.

Cash Flow Forecasting 52

Cash Flow Forecasting Profit and Loss Forecasting Startups 52

CFO Share

MAY 22, 2024

Small businesses have three key financial reports: the balance sheet the income statement (aka profit and loss statement) the cash flow statement A statement of retained earnings is a fourth report common for large, public corporations, but isn’t as useful for small businesses. Investors won’t have confidence in your business.

Profit and Loss 59

Profit and Loss General Ledger Accounting Financial Reporting 59

Jedox Finance

OCTOBER 29, 2021

What are the closing, profit and loss ratios? What percentage comes from reducing the loss ratio? A software solution that offers a single source of truth and ends the need for manual data reconciliation provides the opportunity to bridge that gap. Target market? What is the average length of the sales cycle?

Sales 116

Sales Profit and Loss Reconciliations Planning 116

Planful

JANUARY 11, 2022

Consistent with their 2018 forecast, McKinsey’s late 2020 study found that organizations that invested more in digital than their competitors were twice as likely to report outsize revenue growth. Now is the time for CFOs at organizations of all sizes to lean on AI to plan, budget, and forecast with greater accuracy, speed, and confidence.

Financial Planning and Analysis (FP&A) 40

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

CFO Share

MARCH 14, 2022

QOE reports go beyond the balance sheet and profit and loss statement – they challenge the underlying data through rigorous testing and management interviews to assess accuracy, and risk. Reviews of account reconciliations, account aging, and composition. Transactions with related parties. Book an appointment with a CFO today.

Auditing 52

Auditing GAAP Accounting Principles Profit and Loss 52

PYMNTS

MARCH 2, 2020

Accountants have not historically been considered when it came to financial management automation, so whether it be tax submission or individual P&L [profit and loss] management, it was the job of the accountant to bridge the gap between the different technologies manually.”. Bridging the Payments Divide. A Game of Scale.

Accounting 56

Accounting Reconciliations Profit and Loss B2B 56

Planful

JULY 12, 2021

You might use automation to automatically extract accounts receivable data and feed it into your forecasting system for the financial consolidation process and reconciliation process, saving hours of finance teams’ time and minimizing errors. Provide Quick Forecasts for Better Decisions.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Forecasting Budgeting 40