The Charity CFO

MARCH 22, 2024

Types of Data for Nonprofits The types of data a nonprofit might use for decision-making can vary between organizations. Most nonprofits will use at least one of three types of data: Financial data: Financial data includes any data relating to the finances of the organization, such as revenue or expense data.

Nonprofit 52

Nonprofit Leadership Benchmarking Leverage 52

Boston Startup CFO

APRIL 12, 2024

13-week Cash Flow Forecasting We offer a comprehensive and forward-looking approach to cash planning. 13-week Cash Flow Forecasting We offer a comprehensive and forward-looking approach to cash planning. Dashboard Reporting We can provide clear and actionable insights into your financial data.

Planning 40

Planning Cash Flow Forecasting Financial Modeling Forecasting 40

Spreadym

JULY 26, 2023

The process of financial variance analysis typically involves the following steps: Setting Budgets: At the beginning of a specific time period (e.g., a month, quarter, or year), businesses establish budgets or financial forecasts based on their expected revenues, expenses, and other financial metrics.

Budgeting 52

Budgeting Benchmarking Forecasting Strategic Planning 52

Spreadym

AUGUST 17, 2023

A financial reporting dashboard is a visual representation of financial data and key performance indicators (KPIs) presented in a consolidated and easily digestible format. This allows for a personalized view of the financial data. Organize the dashboard into sections or tabs for different financial areas (e.g.,

Financial Reporting 52

Financial Reporting CFO Cash Flow Forecasting Budgeting 52

Collectiv

JUNE 13, 2023

Using Power BI for nonprofit data enables you to visualize financial data, customize reports for different audiences, and distribute them automatically. Connect Initiatives to Impact 75% of donors want to see data about a nonprofit’s impact before donating.

Nonprofit 52

Nonprofit Leverage Analyzing Data Budgeting 52

Spreadym

JULY 14, 2023

Financial models can take different forms depending on their purpose and complexity. Some common types of financial models include: Budgeting and forecasting models : These models are used to estimate and plan future financial performance by projecting revenues, expenses, and cash flows over a specific period.

Financial Modeling 52

Financial Modeling Mergers and Acquisitions (M&A) Valuation Budgeting 52

CFO Talks

SEPTEMBER 18, 2024

Use demand forecasting and just-in-time (JIT) inventory practices to keep inventory lean without risking shortages. Regularly review your working capital metrics and establish benchmarks to ensure improvement. Focus on the following areas: Inventory Management: Avoid overstocking, which ties up capital unnecessarily.

Auditing 52

Auditing Leverage Benchmarking CFO 52

Creative CFP

AUGUST 11, 2020

Essentially, the investor wants to assess your business’s financial risk profile. This is a combination of business and financial data about your company that helps the investor decide whether or not to invest. The analytical value derived from this driver includes a comparison to industry benchmarks.

Investments 52

Investments Accounts Payable Benchmarking Cash Flow Forecasting 52

PYMNTS

NOVEMBER 28, 2017

As small business owners demand that accountants play the role of advisor, they’re also looking not only for analysis of financial data, but to have that insight provided in real time, said Rathmann. But access to real-time data is one of the largest pain points for SMBs and their accountants, he said.

Financial Reporting 45

Financial Reporting Accounting Benchmarking Forecasting 45

Jedox Finance

MARCH 16, 2022

Corporate Budgeting is the process of translating an organization’s planning into financial data. With the modern “Beyond Budgeting” approach, traditional, fixed targets can be replaced by relative comparisons with colleagues, benchmarks, and best practices. Corporate Budgeting: Conclusion. What is Corporate Budgeting?

Budgeting 52

Budgeting Benchmarking Planning Financial Data 52

The Finance Weekly

FEBRUARY 21, 2024

In an era where digital transformation dictates the pace of business innovation, a groundbreaking tool is setting new benchmarks for financial management efficiency and IT department relief. Introducing Datarails Connect, a pioneering solution from Datarails, recently acclaimed as one of the Fast 500 companies in 2023 by TechCrunch.

Finance 40

Finance Benchmarking Data Analysis Leverage 40

Michigan CFO

JUNE 7, 2023

Virtual CFOs offer a range of financial services tailored to the specific needs of businesses. The key services provided by a virtual CFO include the following: Financial Planning and Analysis: Virtual CFOs work closely with businesses to develop financial strategies aligned with their goals. What Do Virtual CFOs Do?

CFO 52

CFO Problem Solving Budgeting Communication 52

The Finance Weekly

MARCH 5, 2024

C,ash Management The Open Banking initiative has been a game-changer in the financial services sector by allowing third-party developers to access financial data through banking APIs.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Leverage Cash Management 52

Planful

OCTOBER 5, 2021

Who could argue with fewer days spent in consolidation, forecasting, and reporting? Another impediment to a fast month-end close is the fact that most organizations don’t have a single source of truth collecting and housing all of their real-time data. The reason for this can be summed up in a single word: automation.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Benchmarking 40

Planful

SEPTEMBER 13, 2016

It sits in the center of multiple data flows and pulls information from multiple sources to run sophisticated analyses that solve real business problems. FP&A is instrumental in building a data-driven decision-making culture in the organization. FP&A is also becoming a true business partner.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Education Benchmarking 40

Barry Ritholtz

MAY 21, 2024

When all the experts and forecasts agree, something else is gonna happen. So, so given this, how do you draw a price target or a market forecast from, here’s the average of all the Wall Street strategists, let’s say it’s plus 8%. So, you know, not fundamental data. There’s no surprise there.

Finance 59

Finance Marketing Numbers Investments 59