CFO Share

MAY 22, 2024

These reports are the backbone of evaluating business performance – crucial for making informed decisions, attracting investors, and securing loans. Take the time to examine your item masters, product codes, general ledger mappings, and the structure of your chart of accounts. Ignoring the system setup.

Profit and Loss 105

Profit and Loss General Ledger Accounting Financial Reporting 105

Future CFO

AUGUST 1, 2023

Companies are increasingly seeking secure and compliant solutions to manage their financial data. Financial and accounting processes include managing the general ledger, accounts receivable & payable, billing and invoicing, reporting & analytics, bank reconciliation, budgeting & forecasting, etc.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

Centage

SEPTEMBER 14, 2021

Accounting has evolved quite a bit since the early days of double-entry systems and general ledgers. An investment bank analysis of Tesla ’s purchase of Solar City undervalued the company by $400 million after double-counting its debt in a spreadsheet. Unlike spreadsheets, reports are easy to build with a few simple keystrokes.

Budgeting 96

Budgeting General Ledger Data Analysis Financial Data 96

Planful

JUNE 22, 2017

Assets, Liabilities, Equity, Revenue, and Expense accounts) from multiple general ledger systems, and mapping it to a centralized chart of accounts. Financial accounting rules generally define a controlling stake as between 20% and 50% of a company. GAAP or International Financial Reporting Standards (IFRS).

Accounting 40

Accounting General Ledger IFRS GAAP 40

Onplan

NOVEMBER 30, 2022

Key features — The top features each platform is known for or has invested in. Since Workday acquired Adaptive Planning, they’ve invested a lot in making the two systems work well together. Customer success — The service levels available and how convenient the implementation process is.

Financial Planning and Analysis (FP&A) 52

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