The Finance Weekly

FEBRUARY 22, 2025

Key Features of Workday Adaptive Planning 1) Financial Planning Workday Adaptive Planning provides advanced financial tools to streamline forecasting, budgeting, and strategic planning. Scenario Planning - Utilize AI-powered "what-if" modeling to assess financial outcomes and optimize strategies.

Financial Planning and Analysis (FP&A) 52

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

CFO Simplified

DECEMBER 12, 2021

The terms “finance” and “accounting” are often used interchangeably. There are, however, very real differences between finance and accounting. While many business owners look for a CFO to bolster their existing accounting team, here at CFO Simplified, we consider that a CFO would be categorized squarely in the finance category.

Accounting 52

Accounting Finance Cash Flow Forecasting Quantitative Analysis 52

The Charity CFO

NOVEMBER 10, 2022

What should you look for when evaluating nonprofit accounting services? Yes, they might have a board member or volunteer who takes care of the finances, but they often lack specific expertise in nonprofit accounting. Benefits of Nonprofit Accounting Services. Nonprofit organizations exist to further a mission or goal.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

CFO Simplified

JULY 22, 2022

Contact each of your open accounts. Establish a policy so it’s handled uniformly, then communicate it to everyone. A business plan isn’t something that you just create when you start a company, it’s a strategic plan for how you’re going to manage and grow over the next two, five, and 10 years. Examine your open AR.

Cash Flow Forecasting 96

Cash Flow Forecasting Strategic Planning CFO Planning 96

CFO Talks

JUNE 13, 2023

This initiative has attracted prominent CFO associations, including South Africa’s leading African CFO Association, CFO Club, represented by the Chartered Institute for Business Accountants (formerly SAIBA). Several key initiatives were discussed and will shape the alliance’s future activities.

CFO 97

CFO Strategic Planning Finance Communication 97

CFO Share

JULY 16, 2024

A controller primarily oversees accounting processes, ensuring accurate financial records and compliance with regulations. In contrast, a CFO is a more strategic financial professional, focusing on long-term planning, investor relations, and overarching financial strategy. CFOs must also be excellent communicators.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) CFO General Ledger Compliance 98

CFO Talks

NOVEMBER 20, 2024

Members’ Spotlight: Charles Westermeyer In this edition of CFO Club Africa’s Members Spotlight, we are introducing Charles Westermeyer , a seasoned financial professional and the current Director of Bluline Accounting Tax Assurance (Pty) Ltd , where he has been making a significant impact since 2016.

CFO 52

CFO Prioritization Leadership Communication 52

VCFO

NOVEMBER 1, 2023

A common outcome of this mindset is a rationalization on the part of the CEO that they (perhaps along with the CFO) can adequately represent the views of People Ops as strategic planning commences, check some HR-oriented items off the list themselves, and not bring focused People Operations expertise to the table.

Strategic Planning 73

Strategic Planning Leadership Planning Compliance 73

CFO News Room

DECEMBER 16, 2022

Financial managers are responsible for developing long-term financial plans, directing investment activities, and generating financial reports for their company. They may work in various industries, such as investment firms, accounting firms, banks, or the government. Senior Accountants. Insurance Advisor. Investment Banker.

Finance 130

Finance Budgeting Financial Analyst Compliance 130

Future CFO

FEBRUARY 9, 2023

Reflecting on the recent surge in digital transformation within the insurance sector, Boon Boon Lim , head of finance for QBE Malaysia and head of finance operations for QBE Asia, added: “Our business landscape necessitates strong digital infrastructure and capabilities to work, partner and communicate effectively.

Finance 96

Finance Communication Leadership Accounting 96

VCFO

NOVEMBER 1, 2023

These actions might include: A blitz on collection of past due receivables to reduce cash tied up in past due accounts, reduce bad debt exposure and improve DSO (days sales outstanding – a metric often scrutinized by lenders). Read more in our blog about Lease Accounting Updates.) It is important to ensure that is happening.

Finance 88

Finance Strategic Planning Auditing CFO 88

Fpanda Club

FEBRUARY 5, 2024

Moreover, over 30% of finance leaders still do not have a seat at the table during strategic planning discussions. It is extremely important to ensure this specific positioning of the finance business partners with their business focus and proactive approach in regards to other finance, accounting and controlling roles.

Finance 130

Finance Analyzing Data Communication Benchmarking 130

CFO Talks

OCTOBER 31, 2024

Can you share some career highlights and defining moments? I began my career at KPMG and became a Chartered Accountant, then moved on to Kingsley Heath, where the COO said to me, “Come work for me, and I’ll teach you how to run a business.” Collaboration and open communication are also central to how I tackle difficulties.

CFO 97

CFO Leadership Communication Problem Solving 97

Fpanda Club

APRIL 18, 2022

To perform these functions marketing, as a discipline, possesses a wide range of tools and techniques that can be used to analyze data, verify hypotheses and communicate information. SWOT SWOT stands for the analytical tool to uncover Strengths, Weaknesses, Opportunities and Threats and is frequently used in strategic planning exercises.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Marketing Finance Forecasting 130

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.

Forecasting 130

Forecasting Budgeting General Ledger Finance 130

CFO Talks

OCTOBER 25, 2023

The journey from a Chartered Accountant (CA) to a Chief Financial Officer (CFO) is a transformative one, requiring a shift from technical expertise to strategic leadership. Key competencies include staff planning, project management, and corporate finance.

CFO 52

CFO Leadership Risk Management Strategic Planning 52

Spreadym

NOVEMBER 8, 2023

Empowerment: Employees and managers at different levels are empowered to take ownership of their budgets and are more accountable for their financial performance. This can lead to more effective strategic planning. With greater transparency and accountability, such practices are less likely to occur.

Budgeting 59

Budgeting Communication Strategic Planning Analyzing Data 59

The Charity CFO

JUNE 27, 2024

This process should include: Clarifying the vision, mission, and values of the organization Developing a strategic plan for the organization Establishing clear goals and objectives, such as defining nonprofit KPIs Defining and clarifying the goals and mission of your organization sets you up as a successful leader.

Nonprofit 52

Nonprofit Leadership Strategic Planning Communication 52

CFO Simplified

FEBRUARY 13, 2022

Strategically plan for the company’s future . If your company is struggling with cash flow issues, there may be hidden inefficiencies, accounting practices, and operational issues that can be addressed by a CFO who looks at the big picture. Weaknesses in internal controls account for nearly half of all corporate fraud schemes.

CFO 52

CFO Strategic Planning Communication Forecasting 52

Centage

AUGUST 15, 2022

With driver-based planning, companies identify a set of factors that influence their success and model that data to better understand its impact. Managers can then run scenarios with the drivers to improve long-term strategic planning.

Budgeting 105

Budgeting Planning Forecasting GAAP 105

The Charity CFO

NOVEMBER 23, 2022

They handle all payroll and accounting functions and manage investments and fundraising efforts. A Bachelor’s Degree In Accounting, Finance, Or A Related Field Is Required. A bachelor’s degree will give the candidate a strong foundation in accounting and finance principles, which is essential for the role.

Nonprofit 52

Nonprofit Finance Strategic Planning Budgeting 52

The Finance Weekly

OCTOBER 13, 2021

CPM involves a greater emphasis on improving communication and business strategies within a company. The responsibilities of controllers today extend to more than just accounting and forecasting; FCs are now expected to engage in business administration and financial planning. New FC Competencies and Their Relation to CPM.

Financial Planning and Analysis (FP&A) 52

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

CFO Simplified

JANUARY 9, 2022

Banks do not know how your specific business has been affected, therefore communication is key. Arrange for a meeting to discuss your plans, your concerns and tell them the kind of help that you’re going to need to get this process started. . Examine your open Accounts Receivable. Contact each of your open accounts.

Cash Flow Forecasting 52

Cash Flow Forecasting Strategic Planning CFO Budgeting 52

Spreadym

OCTOBER 3, 2023

FP&A candidates typically have a background in finance, accounting, or a related field and possess a combination of skills and knowledge in financial analysis, modeling, and strategic planning. Experience: FP&A candidates may have prior experience in financial analysis, accounting, or related roles.

Financial Planning and Analysis (FP&A) 59

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

VCFO

JUNE 19, 2023

While it’s unlikely that one could find an executive that disagrees with this sentiment, manufacturing entities nonetheless often operate in isolated silos with inadequate communication and interaction between the production units and the corporate team. It also shows respect. Teams, Slack, etc.), and video can also be leveraged.

Prioritization 67

Prioritization Manufacturing Leadership Communication 67

The Charity CFO

JUNE 7, 2023

Stakeholder Communication : Serves as a transparent communication tool for stakeholders, including donors, board members, and grant-making organizations. accounts payable, loans). Strategic Uses Strategic Planning : Contributes to strategic planning by providing information on the organization’s cash flow patterns.

Nonprofit 52

Nonprofit Accounts Payable Budgeting Financial Analysis 52

Future CFO

SEPTEMBER 9, 2024

Once the CFO’s mindset is aligned with the four attributes, the next step is to demonstrate and model corresponding behaviours and communications with the finance team. Further, the questionnaire required the respondents who managed specific finance and accounting responsibilities. All industry segments qualified for the survey.

Finance 98

Finance Problem Solving Investments Nonprofit 98

https://trustedcfosolutions.com/feed/

SEPTEMBER 26, 2022

Your business needs the clarity and insight for multi-level planning and budgeting. Strategic planning becomes a complex and tedious process when there are numerous spreadsheets, multiple sets of numbers, and several documents to sift through. Sage Intacct helps you easily collaborate and plan across departments in real time.

Budgeting 57

Budgeting Planning Forecasting Strategic Planning 57

Future CFO

AUGUST 30, 2021

According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances. What makes for a sought-after chief finance professional (CFO)?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Problem Solving CFO 52

The Finance Weekly

MAY 5, 2024

As companies shift from static sales plans to more dynamic sales planning, leaders see it as a more advanced and adaptable approach that can be tailored to meet the organization's evolving needs. Benefits of Sales Planning Sales planning offers a bunch of perks for businesses. What is Revenue Planning?

Planning 72

Planning Sales Forecasting Strategic Planning 72

Onplan

DECEMBER 16, 2021

Back to the basics: overseeing accounting is one of the basic tasks of every SaaS finance leader. Meticulous accounting sets the foundation for making good decisions. Bookkeepers or outsourced accounting typically handle the accounting of a SaaS business for the first few months.

Financial Planning and Analysis (FP&A) 52

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

Onplan

DECEMBER 16, 2021

Back to the basics: overseeing accounting is one of the basic tasks of every SaaS finance leader. Meticulous accounting sets the foundation for making good decisions. Bookkeepers or outsourced accounting typically handle the accounting of a SaaS business for the first few months.

Financial Planning and Analysis (FP&A) 52

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

Beacon CFO Plus

OCTOBER 21, 2021

Clearly communicate the organization’s purpose, mission, vision, and strategic plan. Some tasks that were performed by a retiring or departing CFO could be handled by an accountant, controller, or other finance team member, and a fractional CFO can step in to bridge the gap.

CFO 52

CFO Strategic Planning Leadership Budgeting 52

The Charity CFO

JULY 2, 2024

Implementing financial management software: Accounting and financial software tools, like QuickBooks , streamline accounting, bookkeeping, and financial reporting. With modern technology, nonprofits can easily plan, market, promote, and collect fundraising efforts digitally.

Nonprofit 52

Nonprofit Auditing Prioritization CFO 52

Jedox Finance

DECEMBER 13, 2022

It takes four perspectives into account: the customer perspective, the internal perspective, the innovation and learning perspective, and the financial perspective. It is crucial to develop a strategic plan that accounts for changing circumstances and considers both management and employees.

Nonprofit 52

Nonprofit Strategic Planning Communication Accounting 52

Spreadym

JUNE 27, 2023

FP&A is a process used by organizations to develop and manage their financial plans and make informed decisions based on financial analysis. It involves forecasting, budgeting, analyzing, and reporting financial information to support strategic planning and operational decision-making. The primary objectives of FP&A.

Financial Planning and Analysis (FP&A) 52

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

Planful

OCTOBER 4, 2021

He then steadily rose through the ranks to lead marketing at several companies, including Nuance Communications, a $2 billion software company. But achieving alignment, or even just overcoming the friction between these two teams, has to start with communication. . Finance manages based on a chart of accounts. To What End?

Finance 40

Finance Planning Marketing Strategic Planning 40