Bramasol

JANUARY 27, 2023

In 2018, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) announced the release of new accounting standards, ASC 842 and IFRS 16, that redefined how organizations must account for leases.

Compliance 79

Compliance IFRS SAP Accounting Standards 79

Bramasol

JULY 26, 2024

In addition to highlighting trends such as the Digital Solutions Economy (DSE), industry-focused solutions, and SAP initiatives like artificial intelligence and S/4HANA cloud, this Insights Series will also periodically provide answers to the top questions that we hear from our clients and partners.

SAP 79

SAP IFRS GAAP Compliance 79

Bramasol

APRIL 28, 2022

This episode focuses on how DSE business models present new challenges with regard to Financial Planning & Analysis (FP&A) processes, which require enhanced agility, scalability and end-to-end integration to handle DSE's inherently dynamic requirements. How is FP&A different from traditional accounting?

Financial Planning and Analysis (FP&A) 79

Financial Planning and Analysis (FP&A) SAP Planning Forecasting 79

Future CFO

FEBRUARY 11, 2024

The accounts payable (AP) department goes beyond just ensuring that all bills and invoices are cleared on time. By accurately managing all APs the business is ensured it complies with appropriate tax regulations, contractual obligations, and financial reporting standards.

Accounts Payable 52

Accounts Payable SAP Invoicing Accounting 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

The Finance Weekly

FEBRUARY 23, 2022

A study by the University of Baltimore and Excel-based FP&A company, , DataRails , lays out the full economic costs of businesses sticking with manually prepared financial reports. billion is the first number that came out of the research and this represents the total amount of money lost by manual financial work.

Financial Planning and Analysis (FP&A) 83

Financial Planning and Analysis (FP&A) Profit and Loss Budgeting Math 83

Future CFO

MARCH 1, 2023

Gartner says finance transformation encompasses strategic initiatives designed to revolutionise the way the corporate finance function manages its strategy, processes, internal controls, and financial reporting. They also help to ensure accountability and alignment across the organisation.

Finance 91

Finance Benchmarking Compliance SAP 91

The Finance Weekly

DECEMBER 2, 2024

When you’re making small-talk with someone who isn’t in finance or accounting about how work is going, and they answer with “busy,” do you ever question how hard it really is? They have a five person accounting team who spend an unwieldy amount of time dumping data from NetSuite into Excel. All involving Excel data manipulation.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 52

Future CFO

FEBRUARY 22, 2024

Additionally, CFOs are now required to oversee compliance beyond traditional financial reporting, which extends to new areas such as ESG," Chee adds. Imagine effortlessly accessing and analysing data from SAP HANA, Oracle, or Microsoft SQL Server. These challenges, like tangled vines, impede progress.

Financial Planning and Analysis (FP&A) 97

Financial Planning and Analysis (FP&A) Finance Compliance SAP 97

Future CFO

MARCH 13, 2023

She also posited that the ability to prove to top management that financial reports and analyses have strategic relevance and value is just as important as it enables management to be better placed to define opportunities ahead. Wong added that it is important to have open communication and improved employee engagement to build trust.

Finance 98

Finance Financial Planning and Analysis (FP&A) Leadership Pharmaceutical 98

The Finance Weekly

JULY 19, 2022

FP&A teams are responsible for a variety of activities, including periodic financial close and consolidations, strategic and annual planning, monthly forecasting, cash flow forecasting, financial reporting, financial modeling, and what-if scenario planning and analysis. Strategic financial planning.

Financial Planning and Analysis (FP&A) 96

Financial Planning and Analysis (FP&A) Budgeting Forecasting Planning 96

CFO Talks

NOVEMBER 29, 2024

Accountability is another key component. The AFE lays out clear lines of responsibility, documenting who approved what and ensuring departments are held accountable for financial decisions. For example, we transitioned payroll management from Excel to SAP, reducing errors and improving efficiency for over 950 employees.

Finance 98

Finance Profit and Loss CFO Leadership 98

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

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

Spreadym

JULY 10, 2023

The financial close process, also known as the accounting close process or month-end close, is a series of steps undertaken by an organization to finalize its financial records for a specific accounting period. 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

The Finance Weekly

JANUARY 21, 2024

When you’re making small-talk with someone who isn’t in finance or accounting about how work is going, and they answer with “busy,” do you ever question how hard it really is? They have a five person accounting team who spend an unwieldy amount of time dumping data from NetSuite into Excel. All involving Excel data manipulation.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 40

The Finance Weekly

MAY 29, 2024

Planful Planful is a cloud-based FP&A software that empowers finance, accounting, and business users with a comprehensive suite of financial applications. These applications including modeling, planning, consolidation, reporting, and analytics were all designed to streamline business-wide operations.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

AUGUST 30, 2022

After taking all of these unique considerations for small businesses into account, our team at The Finance Weekly has compiled a list of the 5 best FP&A solutions for small businesses. It is a financial planning and analysis platform that automates time-consuming manual processes for financial reporting and planning.

Financial Planning and Analysis (FP&A) 95

Financial Planning and Analysis (FP&A) Analyzing Data Budgeting Startups 95

Planful

JUNE 3, 2021

Robust data integration is built into some platforms to provide a single source of truth, making the financial consolidation process easier. Planful integrates with more than 100 source systems, both on-premises and cloud-based, including Acumatica, Sage, Microsoft Dynamics, and SAP, to name a few. The solution?

Compliance 40

Compliance Reconciliations Currencies Finance 40

The Finance Weekly

AUGUST 30, 2022

After taking all of these unique considerations for small businesses into account, our team at The Finance Weekly has compiled a list of the 5 best FP&A solutions for small businesses. It is a financial planning and analysis platform that automates time-consuming manual processes for financial reporting and planning.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Startups Analyzing Data Budgeting 52