The Charity CFO

OCTOBER 9, 2024

Generally Accepted Accounting Principles, or GAAP , is a set of standardized accounting rules and guidelines that govern how you report financial information. For nonprofits, GAAP ensures transparency, accuracy, and consistency in financial statements. Need some help interpreting your financial data?

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

PYMNTS

JUNE 1, 2017

NICE Actimize, a company that offers corporate software to safeguard financial systems, is targeting corruption and bribery for its enterprise clients. We often see the accountancy and audit function has a key role,” said NICE Actimize Global Director of its newly created Anti-Bribery and Corruption business Micah Willbrand in a statement.

Auditing 40

Auditing Financial Systems Analyzing Data Entertainment 40

CFO Share

JULY 27, 2023

As artificial intelligence (AI) continues to reshape industries, it will have a profound impact on the role of Chief Financial Officers (CFOs). The integration of AI in finance operations has already transformed the way CFOs analyze data, make decisions, and navigate complex financial landscapes.

CFO 40

CFO Data Analysis Analyzing Data Risk Management 40

PYMNTS

FEBRUARY 27, 2018

Of course, at the heart of this advancement is increased access to detailed financial data, but it’s not easy for everyone. Small businesses (SMBs) in particular can have trouble not only gaining access to their financial data, but also making sense of it. where regulators aren’t forcing data sharing. In the U.S.,

Cash Flow Forecasting 40

Cash Flow Forecasting B2B Forecasting Financial Data 40

Spreadym

NOVEMBER 8, 2023

Transparency: The process is transparent, with financial data and assumptions shared openly, so participants have a clear understanding of the budget's components. Data Collection and Analysis: Gather historical financial data: Collect information on past budgets, actual financial results, and other relevant performance metrics.

Budgeting 59

Budgeting Communication Strategic Planning Analyzing Data 59

Collectiv

JUNE 13, 2023

Additionally, the manual nature of these spreadsheets makes the process prone to human error when inputting, interpreting, and distributing data. By contrast, a tool like Power BI makes it easier (and quicker) to reliably collect, organize, and analyze data.

Nonprofit 52

Nonprofit Leverage Analyzing Data Budgeting 52

Boston Startup CFO

FEBRUARY 1, 2023

Lack of financial expertise If you or your management team lack financial expertise or experience, a fractional CFO can bring the necessary knowledge and skills to your startup. Additionally, they can help you navigate financial challenges by developing strategies to overcome them.

CFO 40

CFO Startups Cash Flow Forecasting Budgeting 40

PYMNTS

MARCH 27, 2019

For these institutions, the burden of extracting and analyzing data for the purpose of compliance can shift into an opportunity for deeper analytics of a bank and its market position — and that’s very good for business.

Compliance 46

Compliance Banking Analyzing Data Prioritization 46

Spreadym

JUNE 27, 2023

Budgeting involves allocating resources and setting financial targets for various departments or business units within the organization. Financial Analysis: FP&A professionals conduct in-depth analysis of financial data to assess the organization's performance and identify areas for improvement.

Financial Planning and Analysis (FP&A) 52

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

Planful

NOVEMBER 28, 2017

Nearly 75 percent of senior finance executives that responded to the survey say they face rising pressure to more tightly integrate BPF processes and to deliver financial data faster; while 79 percent say that the demands on them to improve collaboration among key decision makers are increasing.

Finance 40

Finance Analyzing Data Restructuring Financial Data 40

Jedox Finance

MARCH 7, 2023

With a solid process for their budgeting cycle and a single source of truth, their data is cleaner and easier to access, and budgeting and planning are accelerated. All team members can analyze data and view holistic performance management autonomously, freeing them up to uncover innovations.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

OCTOBER 13, 2021

Make a financial reporting strategy. One of the most difficult aspects of a merger or acquisition for finance experts is combining the financial data of two independent firms into one. Holding everyone in the organization equally responsible for M&A or divestment success will create collaboration, alignment, and buy-in.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Economics Risk Management Reconciliations 52