Spreadym

JUNE 8, 2023

Planning, budgeting and forecasting for a business are three distinct financial management tools used in business, each serving a different purpose. Key differences between planning, budgeting and forecasting for a business Here are key difference between planning, budgeting and forecasting for a business.

Budgeting 52

Budgeting Forecasting Planning Strategic Planning 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

CFO Talks

OCTOBER 25, 2023

It identifies 34 competencies structured within the four general roles of a CFO: Steward This role focuses on accounting, control, risk management, and asset preservation. Key competencies include staff planning, project management, and corporate finance.

CFO 52

CFO Leadership Risk Management Strategic Planning 52

CFO Share

MAY 23, 2024

CFO responsibilities extend beyond mere bookkeeping; they encompass financial planning, record-keeping, financial reporting, and risk management. Proactive planning with a fractional CFO means affordable risk management during an economic downturn or cash crisis. Ready to solidify your financial foundation?

CFO 52

CFO Risk Management Cost Management Forecasting 52

Focus CFO

MAY 25, 2023

He has successfully managed areas that present significant challenges to companies today, such as stakeholder communications during periods of uncertainty or financial crisis, cybersecurity risks, human resources, financial capacity, operations, enterprise risk management, and strategic planning.

Strategic Planning 52

Strategic Planning Leadership Risk Management CFO 52

Planful

OCTOBER 25, 2016

Another panelist highlighted their investment in inventory, as well as managing growth in the business. How do you balance the core responsibilities of Finance with risk management? Making timely, relevant, and accurate data available across the business is critical to effective decision-making and risk management.

Risk Management 40

Risk Management CFO Budgeting Benchmarking 40

Future CFO

JANUARY 7, 2024

The challenge is in integrating new technologies such as generative artificial intelligence in the organisation's business models and assessing the total cost of risk at multiple levels. With the proliferation of risks, such as geopolitical tensions and cyber breaches, CFOs and the executive team must practice agility and transparency.

CFO 52

CFO Risk Management Leverage Strategic Planning 52

Future CFO

JUNE 10, 2024

With a wealth of digital data available, trade finance becomes ripe for advanced analytics, offering deeper insights for risk management, trend analysis, and strategic planning. Initiating the digital transformation of trade finance workflows starts with comprehensive planning," he says.

Finance 64

Finance Compliance Communication Strategic Planning 64

CFO Network

FEBRUARY 14, 2024

Strategic Financial Planning Effective financial strategy is built on a solid foundation of planning. A Fractional CFO excels in creating long-term financial plans that align with your business goals. Risk Mitigation Financial risks are inherent in any business.

CFO 52

CFO Tax Planning Strategic Planning Financial Analysis 52

Beacon CFO Plus

NOVEMBER 15, 2023

They provide insights into budgeting, forecasting, and financial planning. Cash Flow Management: Managing cash flow is critical for SMEs. Risk Management: Identifying and mitigating financial risks is crucial for SMEs.

CFO 52

CFO Budgeting Strategic Planning Financial Analysis 52

CFO Talks

FEBRUARY 9, 2024

Critical challenges for CFOs: CFOs face significant challenges in figuring out how to spend money on cybersecurity and setting up plans to respond to cyber threats early. Balancing the need for cybersecurity measures with budgetary constraints requires careful strategic planning and resource allocation.

CFO 52

CFO Strategic Planning Leadership Education 52

CFO Simplified

APRIL 15, 2024

Are you missing Strategic Planning? Let’s quickly get through the first three items in any strategic plan. Financial Planning: Develop a robust financial plan. That plan will include not just looking at the future, but also planning for the present. Here’s a quick review.

Strategic Planning 52

Strategic Planning Planning Leadership CFO 52

CFO Share

NOVEMBER 15, 2023

Schedule Time for Future Planning Putting out fires is important, but so is fire-proofing your future business. Without a regiment of routine planning, you may spend all your time addressing urgent issues and fall behind competition. A routine collections process is inexpensive risk management for any business.

Strategic Planning 52

Strategic Planning Risk Management Budgeting Planning 52

Centage

JANUARY 18, 2024

Financial planning and analysis is at the heart of strategic decision-making for businesses, and as we step into 2024, it’s crucial to align your FP&A processes with the latest trends and best practices. Integrated planning & reporting All too often, the finance team finds itself in a silo.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Data Analysis Leverage Risk Management 40

CFO Leadership

JANUARY 25, 2024

Most of their finance organizations would be using generative artificial intelligence (GenAI) to enhance their business planning and analysis (BP&A) capabilities and/or bolster the company’s fraud-prevention activities. Environmental, social and governance (ESG) metrics and measurements would top their priority lists.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Profit and Loss Compliance Finance 52

CFO Talks

MARCH 20, 2024

It’s about making plans for the company’s financial future and finding ways to make the business better. Key Differences in Everyday Tasks: Reporting: The Controller prepares financial reports; the CFO reviews these reports and uses them to make decisions or plan strategies. It’s about leading, not just managing.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

CFO Leadership

JANUARY 5, 2024

Most of their finance organizations would be using generative artificial intelligence (GenAI) to enhance their business planning and analysis (BP&A) capabilities and/or bolster the company’s fraud-prevention activities. Environmental, social and governance (ESG) metrics and measurements would top their priority lists.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Profit and Loss Compliance CFO 52

Future CFO

SEPTEMBER 18, 2023

Flexibility Fractional CFOs can be engaged for specific tasks or projects, such as financial analysis , fundraising, budgeting, strategic planning or improving financial processes. This flexibility allows companies to tailor their financial management needs to the CFO's expertise.

CFO 52

CFO Leadership Strategic Planning Financial Analysis 52

CFO Leadership

DECEMBER 12, 2022

Proactive and strategic planning in advance of exiting a business will ease the transition whether it’s passing the company on or divesting entirely. Succession planning: Good succession planning involves deliberation over what is needed for the long-term success of a business. consumer and small business relationships.

Accounts Payable 95

Accounts Payable Leadership CFO Strategic Planning 95

Spreadym

SEPTEMBER 12, 2023

Budget preparation is the process of creating a detailed financial plan that outlines an organization's expected income and expenses for a specific period, typically for a fiscal year. This process is essential for effective financial management and decision-making, whether it's for a business, government agency or non-profit organization.

Budgeting 59

Budgeting Strategic Planning Forecasting Economics 59

CFO Talks

MARCH 14, 2024

They play a crucial role in strategic planning, risk management, and driving innovation, extending their influence far beyond the finance department. Risk Management: Given the CFO’s role in identifying and mitigating risks, tasks related to safeguarding the company’s assets and financial health are critical.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

Spreadym

OCTOBER 3, 2023

Financial Planning and Analysis (FP&A) candidates are professionals who specialize in financial planning, budgeting, forecasting, and analysis within an organization. Strategic Thinking: FP&A candidates align financial goals with the company's strategic objectives, contributing to long-term planning and decision-making.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Financial Analysis Budgeting Financial Modeling 59

E78 Partners

AUGUST 24, 2023

Rapid Growth: Scaling a business requires robust financial planning and management. An Interim CFO can provide the strategic insights needed to fuel growth while maintaining financial health. See our post here for insights on the interim to permanent transition.

CFO 52

CFO Leadership Restructuring Strategic Planning 52

VCFO

APRIL 21, 2022

He is particularly skilled in strategic planning, resource management, operations management, forecasting, credit and collections, due diligence, financial reporting and documentation, private equity, bank financing, risk management, compliance, and banking relationships.

CFO 52

CFO Strategic Planning Auditing Leadership 52

PYMNTS

FEBRUARY 10, 2020

He handled all aspects of payment operations, including strategic planning, innovation and risk management. He joins PSCU from Bank-Fund Staff FCU in Washington, D.C., where he served as vice president of payments. Young will report to Stevens. “We

Leadership 84

Leadership Strategic Planning Risk Management Planning 84

VCFO

FEBRUARY 15, 2023

She is highly effective at executing finance function strategically, establishing financial and risk controls, and overseeing capital structure. Lee Ann’s depth and breadth of expertise includes board reporting, audit preparation, business plan development, market research and analysis, risk management, and capital requirements.

Auditing 52

Auditing CFO Risk Management Budgeting 52

The Finance Weekly

OCTOBER 13, 2021

These offices, sometimes called the Office of Strategy Management (OSM) or Project Management Offices (PMO), handle measures, reporting, strategic projects, alignment, communications, and strategic planning, which are all under the guise of CPM. A collaborative approach can also vastly improve risk management.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Strategic Planning 52

Future CFO

NOVEMBER 15, 2023

Integration and Automation CFOs should integrate spreadsheets with other financial systems and applications to ensure seamless data flow and reduce the risk of errors during manual data transfers. This might involve implementing automated compliance checks and utilising tools that provide real-time alerts for potential risks.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Compliance 52

PYMNTS

MAY 27, 2020

To lead strategic planning for the firm overall and in conjunction with its regional teams, Chris Newkirk is coming to Visa Inc. as its new chief strategy officer. The executive headed up a diverse tram of associates throughout six businesses, and he served on the Capital One Executive Committee as of 2016.

Leadership 52

Leadership Strategic Planning Risk Management Sales 52

The Charity CFO

AUGUST 28, 2023

This isn’t always a priority for dedicated nonprofit professionals, who may spend more of their time focusing on the issue or cause their group is involved with, as well as programming, donor relations, and event planning decisions. However, financially-minded folks are crucial for a variety of reasons.

Nonprofit 52

Nonprofit Problem Solving Finance CFO 52

Boston Startup CFO

APRIL 3, 2023

Robust contingency plans and proactive risk management strategies help organizations navigate unforeseen disruptions and maintain operational resilience. Ensuring business continuity and sustainability is vital in the face of dynamic market conditions, global challenges, and evolving customer demands.

Accounting 52

Accounting Accounting Principles GAAP Startups 52

PYMNTS

NOVEMBER 14, 2017

Kevin is a skilled strategic thinker who brings a wealth of experience in public accounting and reporting, strategic planning, financial planning and analysis, treasury management, risk management and the development and execution of significant strategic initiatives.”.

CFO 43

CFO Banking Strategic Planning Healthcare 43

PYMNTS

MARCH 30, 2017

Grant Thornton released its 2017 CFO Survey this week to find that most of these executives said strategic planning is their top priority within the enterprise, surpassing other priorities like performance management or even increased cash flow. One of the largest ways it can do so is for risk management.

CFO 51

CFO Strategic Planning Corporate Finance Risk Management 51

CFO Simplified

DECEMBER 12, 2021

Finance focuses primarily on the management of assets, liabilities, and strategic growth planning. A team member in the finance department addresses how a business manages their money, from: Investing and borrowing. Growth planning . Overseeing risk management. Cash flow forecasting.

Accounting 52

Accounting Finance Cash Flow Forecasting Quantitative Analysis 52

CFO News Room

DECEMBER 16, 2022

The CFO role is multi-faceted and includes everything from financial planning and analysis to business budgeting, financial decision-making, and risk management. Most financial managers have previous experience working in market analysis and forecasting positions similar to this one. Financial Decision-Making Skills.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

Planful

JUNE 15, 2017

This was the focus of a recent Argyle/CFO webinar sponsored by Planful. During the event, a panel of two FP&A experts shared their insights on the current state of the FP&A function, the forces driving an increased need for accurate planning and forecasting, and where the function is going in the future. Learn More.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Strategic Planning Forecasting Finance 40

The Finance Weekly

DECEMBER 9, 2021

This sort of prediction in business is referred to as scenario planning. Scenario planning is arguably the most important responsibility of a finance professional. This post will flesh out all these aspects of scenario planning. What is Scenario Planning & Its Purpose? 3 Types of Scenario Planning.

Risk Management 52

Risk Management Planning Construction Leadership 52