CFO News

AUGUST 29, 2023

Finance as a function needs to ensure that the data is reliable and that the people concerned have confidence in it. If data quality is a challenge, then managing and evaluating business strategy and investments will also be a challenge.

Finance 98

Finance Investments 98

CFO Dive

OCTOBER 31, 2022

The tax function can bring strategic value to its organization and digital transformation is key to achieving this. But what are the barriers to transformation and how do tax leaders overcome them?

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Future CFO

JANUARY 21, 2024

A Gartner survey of finance function employees revealed some interesting problems faced by both employers and employees in the finance function. 84% of finance employees (participating in the survey) have less engagement and less interest in going above and beyond than their peers and other functions,” Cole revealed.

Finance 98

Finance Communication Accounting Firms Accounting 98

Future CFO

MARCH 10, 2024

Editor’s note: Automation can work wonders but it can also create challenges for the finance function. Sarita Singh, Regional Head & Managing Director, Southeast Asia, India, Greater China, Stripe FutureCFO: What are the major challenges facing CFOs and the finance function in 2024 in terms of automation? a decade earlier.

Finance 52

Finance Invoicing Cost Management Technology 52

Future CFO

NOVEMBER 13, 2023

Most finance functions are behind other functions in AI implementation. According to a survey of 130 finance leaders and 91 associates in administrative support functions by Gartner in June this year, 61% of respondents either have no plans for AI implementation or are still in the initial planning phase.

Finance 59

Finance Financial Analysis Investments Planning 59

Future CFO

APRIL 23, 2024

Gartner says the most common scenario in FP&A functions – the internal consulting model – is to use automation to free staff capacity, so that FP&A teams have more time to spend on value-added activities such as finance business partnering.

Finance 52

Finance Technology Economics Planning 52

The Charity CFO

JANUARY 5, 2022

Functional expense reporting confuses many first-time nonprofit bookkeepers and executives. But, because most for-profit companies don’t track functional expenses, they’re just not familiar with it. Because you’re required to report functional expenses to complete your IRS 990 and maintain nonprofit status.

Nonprofit 96

Nonprofit Auditing GAAP CFO 96

CFO News

APRIL 23, 2023

In this article Sanjeev Jha, CFO- India, Persolkelly India shares that one of the leading CFO organisations conducted a survey for CFOs – ‘Will ChatGPT affect the financial function in any way’ - 65% voted ‘Yes’, 25% voted ‘Let’s See’ and only 10% voted ‘No’.

Finance 98

Finance CFO 98

CFO Dive

FEBRUARY 16, 2022

CFOs have never had access to more data about their organization’s operations and outputs, but they can’t leverage this resource with legacy systems and manual processes.

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Finance Leverage 278

Future CFO

FEBRUARY 11, 2024

Digital transformation and functional improvement are the predominant themes through the top 10 priorities of chief financial officers, according to a recent survey by Gartner. The study, which surveyed 185 CFOs, reveals that CFOs are keen to leading digital transformation efforts in the finance function in 2024.

CFO 52

CFO Leadership Finance Technology 52

Future CFO

JANUARY 25, 2024

Embedding ESG is indeed a cross-functional endeavor within the organisation, as every department – from procurement to marketing to finance – has a distinct role to play in implementing ESG. The embedding of ESG across all functions ensures that sustainability becomes an integral part of the company's DNA rather than a standalone initiative.

Finance 59

Finance Investments Planning Marketing 59

Future CFO

DECEMBER 5, 2023

When it comes to AI success in finance functions, there are three characteristics that the function needs to have and CFOs must understand. According to Gartner , the following three characteristics would help drive AI success in finance functions. The post AI success in finance functions: What do leaders do correctly?

Finance 52

Finance Leverage Planning Technology 52

Navigator SAP

NOVEMBER 12, 2022

Enterprise Resource Management (ERP) is the backbone of any business that deals with supply chain management and distribution. This includes warehousing activities such as receiving and storing inventory, picking, and tracking items for shipping.

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CFO Dive

MARCH 11, 2022

“Generally speaking with any early-stage company, you get a lot of nos. I’m going to have to pivot a lot,” said CFO Karen Molis.

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CFO Healthcare Finance 264

Future CFO

JANUARY 24, 2024

Traditionally, finance functions undertake highly technical work as part of carefully controlled processes--while this can be an important part of the finance team’s role, it can also potentially affect people’s willingness to experiment and innovate.

Finance 52

Finance Leadership CFO 52

Future CFO

JANUARY 8, 2024

The post How ESG data impacts the finance function appeared first on FutureCFO. While other organisations will have set the scene for what businesses can achieve, companies newly establishing the presence of sustainability within their businesses can see the requirement of investors as a benefit.

Finance 52

Finance Leverage Investments Numbers 52

Future CFO

FEBRUARY 1, 2024

According to Susanna Hasenoehrl , head of sustainability for Asia Pacific & Japan at enterprise application software company SAP , sustainability can no longer be considered separately to the finance function because it is increasingly clear that sustainability performance is fundamentally linked to business performance.

Finance 52

Finance SAP Auditing IFRS 52

CFO Thought Leader

JUNE 1, 2023

Dayton also discusses the importance of optimizing SAS gross margins, which is a cross-functional effort that involves finance, sales, cloud ops teams, and customer success teams. Visit Vena www.venasolutions.com The post Ep 23: Leading Cross-Functional Teams appeared first on CFO THOUGHT LEADER, CFO, Finance, Leadership, CPA.

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Performance Measuring CFO Leadership Planning 52

CFO News

APRIL 20, 2023

The author Amit Kulkarni, the Director Finance of an early stage venture fund, Fireside Ventures explores the imperatives of building a finance team in a startup and how founders should look at the function in the making.

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Startups CFO Finance Numbers 98

CFO Leadership

DECEMBER 12, 2022

Here are resources from Robert Half and Protiviti to help you prepare your finance function for the road ahead. Setting the Finance Function Up for Success in 2023 first appeared on CFO Leadership. Setting the Finance Function Up for Success in 2023 appeared first on CFO Leadership. 2022 Global Finance Trends Survey.

Finance 98

Finance Leadership Strategic Planning CFO 98

Future CFO

DECEMBER 6, 2023

The post The integration of blockchain solution in the finance function appeared first on FutureCFO. Investing in training and education for the project team is a proactive measure to maximise the potential benefits of blockchain technology.

Finance 52

Finance Auditing Education Budgeting 52

Future CFO

SEPTEMBER 26, 2022

A touchless close is what finance functions want, Gartner said recently. Finance has also invested heavily in technology to reduce time to close, with three technologies deployed by more than half of functions already: general ledger technology, a financial close solution, or workflow automation, Gartner said.

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Finance General Ledger Reconciliations Auditing 52

CFO News

APRIL 23, 2023

In this article Sanjeev Jha, CFO- India, Persolkelly India shares that one of the leading CFO organisations conducted a survey for CFOs – ‘Will ChatGPT affect the financial function in any way’ - 65% voted ‘Yes’, 25% voted ‘Let’s See’ and only 10% voted ‘No’.

Finance 52

Finance CFO 52

Planful

FEBRUARY 2, 2022

The post 5 Steps CFOs Can Take to Build an Agile Finance Function appeared first on Planful. Picture Muhammad Ali: he was quick on his feet, had superb reflexes, and could deliver a mean left hook faster than the speed of light. He wasn’t the biggest or the strongest boxer of his time, but he used his speed […].

Finance 98

Finance Planning Budgeting 98

Centage

MAY 31, 2022

Visit our website to learn more about the sophisticated FP&A function enjoyed by more than 10,000 users worldwide. The post How to Create a Flexible, Agile FP&A Function appeared first on Centage. Ready to discover the benefits of Planning Maestro by Centage for yourself?

Financial Planning and Analysis (FP&A) 92

Financial Planning and Analysis (FP&A) Forecasting Budgeting Analyzing Data 92

PYMNTS

JANUARY 5, 2021

Enterprise resource planning (ERP) company Unanet has rolled out a number of functionalities to add to its platform for architecture and engineering firms (A/E) in addition to government contractors (GovCons), according to a Tuesday (Jan. 5) announcement.

Construction 72

Construction Economics Numbers Finance 72

Future CFO

AUGUST 8, 2022

Budget cuts for real estate/facilities management and finance functions are the most likely in the next 12 months, said Gartner when releasing results of a July 2022 survey of more than 200 CFOs and finance leaders. The post CFOs: Budget cuts for these two functions likely appeared first on FutureCFO.

Budgeting 52

Budgeting CFO Finance Sales 52

PYMNTS

NOVEMBER 25, 2020

Accounts payable (AP) automation software firm Beanworks has rolled out a function for expense reimbursements to assist companies in automating how they get and handle staffer expenditures, according to an announcement. Supervisors can look over receipts and give the go-ahead for reimbursements from anywhere.

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Accounts Payable Invoicing Accounting Finance 84

Future CFO

JULY 7, 2021

Loreal Jiles (pictured), Director of Research – Digital Technology & Finance Transformation, Institute of Management Accountants (IMA) weighs in on how CFOs can create an agile finance function and why it matters. Agile focuses on iterative, incremental delivery by self-organising, cross-functional, and multidisciplinary teams.

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Financial Planning and Analysis (FP&A) Finance Auditing Accounting 52

CFO News

SEPTEMBER 18, 2023

But before this, minority shareholders as well as employees’ organisations had on several occasions in the recent past questioned the bank’s functioning.

Banking 52

Banking 52

Future CFO

DECEMBER 12, 2021

Many CFOs in Southeast Asia have yet to begin their finance function transformation journeys though they recognise the need to do so, said Deloitte Southeast Asia recently. CFOs should therefore look within their organisations to see if they can borrow or share employees with transferable skillsets from other functions.

Finance 81

Finance CFO Compliance Technology 81

Future CFO

FEBRUARY 15, 2023

CFOs plan budget changes and sales functions are likely to get more resources in 2023, said Gartner recently. According to a Gartner survey of nearly 300 CFOs in November 2022, 73% of CFOs indicated that they planned increases for the sales function while nearly half of them said the increase would e 10% or more.

Budgeting 52

Budgeting Sales Planning Investments 52

Future CFO

JANUARY 13, 2022

Tax functions around the world are undergoing transformation against the backdrop of persistent pressure and challenges that disrupt the way businesses operate, said EY recently when releasing results of its latest EY Tax and Finance Operations survey. Survey highlights.

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Budgeting Compliance Finance Planning 52

Driven Insights

AUGUST 4, 2023

As operators, we know how many balls a small business owner needs to keep in the air. Sales, operations, crisis management, and the crucial yet often neglected realm - financial administration. This is where the services of a virtual CFO can prove invaluable.

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Finance CFO Sales Financial Reporting 98

Future CFO

DECEMBER 19, 2022

CFOs: Are your finance function using low code development technologies to fulfill growing demand for fast application delivery and highly customised automation workflows? The post Is your finance function adopting low code development technologies? billion in 2023, up 19.6% appeared first on FutureCFO.

Technology 52

Technology Finance Forecasting Economics 52

Embark With Us

MAY 17, 2022

If the last few years have taught us anything, it's to expect the unexpected. Up is down, left is right, toilet paper and used cars are the new Pokémon cards and PS5s – nothing makes sense anymore. And to state the obvious, such upheaval and uncertainty don't make life easier for a company's decision-makers.

Finance 105

Finance 105

CFO Dive

APRIL 9, 2024

Companies are turning to interim financial leadership more frequently as they struggle to fill widening gaps in their accounting and finance functions.

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CFO Leadership Finance Accounting 321