PYMNTS

AUGUST 12, 2020

In addition, project managers don’t need to find certain projects by general ledger (GL) account code numbers; instead, they can locate them by name. Centsoft links with various enterprise resource planning (ERP) technologies such as NetSuite, SAP Business One, QuickBooks and Dynamics 365.

Construction 69

Construction General Ledger (GL) Accounts Payable General Ledger 69

Fpanda Club

MARCH 28, 2021

This article describes the FP&A maturity assessment model focused on major tasks of the function (strategic planning and budgeting, forecasting, analytics, management reporting, performance management and decision support) and built around 3 key areas – processes, tools/systems and people.

Budgeting 130

Budgeting Forecasting General Ledger Finance 130

Future CFO

AUGUST 2, 2021

Collaboration between financial planning and analysis (FP&A) and business and operations teams when forecasting and planning is greater in organisations within Asia Pacific than those in North America and multinationals, said the Association for Financial Professionals (AFP) recently when releasing results of a survey.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) General Ledger Forecasting Corporate Finance 40

CFO Simplified

DECEMBER 26, 2021

This involves planning for the future. Understanding product costs, manpower costs, and efficiency, management of inventory, analysis of the use of inventory and cash, cash flow planning, analysis of planning for future equipment or facility purchases are all in-scope for a CFO.

Finance 52

Finance General Ledger CFO Auditing 52

The CFO College

AUGUST 31, 2021

Help your startup clients stay cash flow positive with good budgeting and planning services. This data includes a capital plan, proper entity structure, pre-revenue valuation, and raise structure (convertible note or direct equity). Minimize expenses and reduce debt payments or lower the cost of inventory.

Startups 81

Startups Accounting General Ledger Forecasting 81

PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. But the ERP of today doesn’t look like it used to.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

E78 Partners

SEPTEMBER 21, 2023

Implement Robust Documentation Procedures Maintaining organized records is paramount for any organization, necessitating a systematic approach to filing and ensuring easy access to crucial documents like financial statements, general ledgers, bank statements, and invoices.

Auditing 52

Auditing General Ledger Reconciliations Accounting Standards 52

Centage

JANUARY 3, 2024

The need for flexibility in financial forecasting The conventional approach to annual budgeting often involves rigid plans that struggle to accommodate unforeseen changes. Adaptive scenario planning Navigate uncertainty with confidence Centage empowers finance teams to navigate uncertainties by offering adaptive scenario planning.

Forecasting 52

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

CFO Simplified

APRIL 15, 2022

The general ledger layout is generic in nature. The company has never created a budget for planning purposes. To maintain margins and profitability, the company needed to consider changing their sales approach, eliminating the middlemen, and going direct to consumers through the internet marketplace. Recommendation.

Manufacturing 52

Manufacturing General Ledger Budgeting CFO 52

The Finance Weekly

NOVEMBER 27, 2023

They are widely used in , strategic planning and reporting to guide investment decisions. Instead of manually calculating these metrics from general ledger accounts, many businesses use software to automate the process and create dashboards with all the important numbers in one place.

Budgeting 52

Budgeting General Ledger Concentration Benchmarking 52

The Finance Weekly

MARCH 1, 2022

At this stage of maturity, the FP&A function or team is frequently a component of other financial entities such as accounting, treasury, or the finance function in general, with roles and responsibilities that are not clearly defined and processes that lack formal description.

Financial Planning and Analysis (FP&A) 52

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

https://trustedcfosolutions.com/feed/

JUNE 15, 2021

With Visual Explorer, you can transform your business plan and make strategic, data-driven decisions with interactive, visual insights into your financials. Intelligent General Ledger. What if you could make quicker decisions for your company’s future based on real-time data from the past and present?

General Ledger 57

General Ledger CFO Financial Data Budgeting 57

PYMNTS

MARCH 19, 2020

Providing AP automation and enterprise resource planning (ERP) solutions in one product allows businesses to streamline the process and more easily move forward with trusted vendors. Data is essential to this process, Miller said, which must be tailored to each individual client. … [That] really means manual work for the AP team.”.

Accounts Payable 52

Accounts Payable General Ledger Accounting Technology 52

PYMNTS

FEBRUARY 13, 2019

In the accounting space, that means integrations with enterprise resource planning (ERP), accounts receivable, accounts payable, procurement, banking and other portals. “You won’t just crack open your general ledger to a CRM database guy.” “But it’s not because of technology hurdles.”

Finance 75

Finance General Ledger Math Accounts Payable 75

Planful

NOVEMBER 10, 2016

Key EPM processes include modeling, planning, financial consolidation, reporting, and analytics that are linked in a continuous, repeatable management cycle. In budgeting and planning, the integration of prior-year actuals from GLs may be required to “seed” the annual budget process.

General Ledger 40

General Ledger Budgeting Forecasting Financial Data 40

The Finance Weekly

DECEMBER 20, 2023

If you're in charge of a team, you understand the importance of using ,, workforce planning software in today's business world. Importance of Workforce Planning Tools Workforce planning involves analyzing and predicting the number of employees you need to achieve your business goals in the short and long term.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

DECEMBER 20, 2023

If you're in charge of a team, you understand the importance of using ,, workforce planning software in today's business world. Importance of Workforce Planning Tools Workforce planning involves analyzing and predicting the number of employees you need to achieve your business goals in the short and long term.

Financial Planning and Analysis (FP&A) 52

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

CS Lucas

APRIL 28, 2023

This article will cover the information exchanged between CS Lucas and the accounting (Enterprise Resource Planning) system, as well as the methods employed to facilitate this exchange. This file can be configured to be sent at a specified frequency, with the recommended best practice being once a day.

Accounting 52

Accounting General Ledger Accounts Payable Foreign Exchange 52

Centage

JULY 25, 2023

At Centage, we deliver an industry-leading solution known as Planning Maestro® to businesses like yours to overcome the challenges that Excel spreadsheets present. Highly Personalized Many Excel users utilize spreadsheets for personal budgeting and financial planning. You can also review your results with and without adjustments.

Budgeting 98

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

CFO Simplified

NOVEMBER 28, 2022

Enterprise resource planning (ERP) is a system that helps businesses track and manage information related to their operations. If you’re a manufacturer or a wholesale distributor, you should be comparing the value in that inventory value report to one line on your general ledger, and that’s the value of inventory. .

General Ledger 98

General Ledger CFO Accounts Payable Reconciliations 98

Bramasol

JANUARY 18, 2024

Or, in some cases, it can make sense to start small and add functionality according to a pre-determined plan. In this situation, one source document triggers the creation of two separate journal entries directly in the general ledger. However, not all of these elements are required for every implementation.

Compliance 74

Compliance SAP General Ledger B2C 74

Centage

JANUARY 18, 2022

How can we plan for an uncertain economy? Freed from the shackles of a siloed, legacy tool like Excel and managed instead within strategic FP&A solutions, budgets become living, evolving documents that finance teams can use as an in-house planning tool, updating monthly, quarterly or on an ad-hoc basis. Who should be involved?

Budgeting 111

Budgeting Forecasting Financial Planning and Analysis (FP&A) General Ledger 111

Centage

SEPTEMBER 14, 2021

When it comes to business budgeting and planning, traditional spreadsheets are labor-intensive, prone to errors, and static, so it can be difficult to get a clear view on your current and future financial position. Accounting has evolved quite a bit since the early days of double-entry systems and general ledgers. Learn More.

Budgeting 96

Budgeting General Ledger Data Analysis Financial Data 96

Centage

JANUARY 9, 2024

How can we plan for an uncertain economy? Freed from the shackles of a siloed legacy tool like Excel and managed instead within dedicated FP&A software, budgets become living, evolving documents that finance teams can use as an in-house planning tool. How easily can I create and track an accurate budget from the plan?

Budgeting 52

Budgeting Forecasting General Ledger Finance 52

Spreadym

JULY 10, 2023

Subsidiary Ledgers and Reconciliations: Subsidiary ledgers, such as accounts receivable and accounts payable, are reconciled to the general ledger to ensure consistency and accuracy. These entries correct errors, allocate costs, or reclassify transactions to the appropriate accounts.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

Planful

SEPTEMBER 10, 2015

Defining and Describing Enterprise Resource Planning. Enterprise Resource Planning, or ERP, is a system that is designed to process transactions and keep track of the resources within an organization. EPM assists the CFO and finance department in creating initial targets or budgets, and to coordinate planning across the organization.

Planning 40

Planning General Ledger Accounts Payable Budgeting 40

CFO Simplified

NOVEMBER 6, 2023

You might start with one single item, but knowing where you might be two or five years from now will be helpful in developing your strategic plan. Does it have a general ledger with numbered accounts? Plan it month by month. But if you plan well, and succeed, it’s all worth it. Do you need a company? Be realistic.

General Ledger 52

General Ledger Strategic Planning CFO Accounting 52

CFO Simplified

APRIL 22, 2022

Upgrading simple accounting software to an ERP (Enterprise Resource Planning) system that is going to manage every aspect of the company from operations to accounting and finance, and sometimes even sales and customer relations is no small task. There is a significant amount of planning that needs to take place. Change is difficult.

General Ledger 52

General Ledger Accounts Payable Manufacturing Planning 52

CFO Plans

AUGUST 5, 2020

By Fizal Meera, Associate Controller – CFO Plans. Companies plan their overheads to match the revenue. Therefore, it is paramount that each month’s revenue is stated only as it is earned so planning based on that would be accurate. You may have heard of prepaid income or perhaps unearned income. Management Information.

General Ledger 52

General Ledger Accounting Principles Invoicing CFO 52

Planful

JANUARY 3, 2017

Although the name makes it sound like a system that’s optimized for planning, in reality, an ERP system is designed and optimized for back-office transaction processing and operational process support. General ledger accounting. The data in an ERP system is typically summarized in the general ledger module.

General Ledger 40

General Ledger Budgeting Forecasting Cash Flow Forecasting 40

Centage

OCTOBER 3, 2022

These obstacles can become even more pronounced as your business grows and your financial planning gets increasingly complex. For example, you may use spreadsheets to plan your fiscal year or maintain your client sales list. You need to account for these possible outcomes in advance to ensure your business plans appropriately.

Forecasting 98

Forecasting Budgeting Data Analysis Financial Modeling 98

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. While these systems have historically been deployed in on-premises data centers, they are now available as Cloud Financial Planning and Analysis Solutions. .

Accounting 40

Accounting General Ledger IFRS GAAP 40

Future CFO

SEPTEMBER 21, 2020

Think for a moment about how beneficial it would be to work off a single general ledger from anywhere, at any time and in real-time. Accountants are no longer just bookkeepers; they can now tackle tasks like business planning, controls, succession and more.

Accounting 52

Accounting Technology Mergers and Acquisitions (M&A) Leadership 52

CFO Talks

FEBRUARY 20, 2024

Farhaan Moolla: Innovative Leadership: The Journey of a modern and dynamic CFO Written by: Staff writer In this podcast Farhaan Moolla, a seasoned CFO with a notable career in financial leadership and strategic planning, shared his journey, beginning with his entrepreneurial family background. And that’s all.

CFO 52

CFO Leadership Accounting Finance 52

Centage

OCTOBER 3, 2022

These obstacles can become even more pronounced as your business grows and your financial planning gets increasingly complex. For example, you may use spreadsheets to plan your fiscal year or maintain your client sales list. You need to account for these possible outcomes in advance to ensure your business plans appropriately.

Forecasting 52

Forecasting Budgeting Data Analysis Financial Modeling 52

The CFO College

JUNE 3, 2021

Acquiring these advanced types of services, like setting up a permanent audit trail, rolling cash forecast, month-end reporting, and strategic planning, is the secret sauce your potential client needs to know how their money flows in and out of their company (and what their financial future will look like).

Accounting 52

Accounting CFO Auditing General Ledger 52

PYMNTS

JUNE 29, 2018

These travelers might be prepared to pursue opportunities in new markets, but the challenges of cross-border payments can throw a wrench into even the best-laid plans. Corporate payment and virtual cards are designed to mitigate the need for reconciliation by automatically feeding payment information into a company’s general ledger system.

Reconciliations 43

Reconciliations General Ledger Foreign Exchange Currencies 43