The Charity CFO

FEBRUARY 27, 2024

Budget tracking is the process of monitoring your nonprofit’s income and expenses to ensure they stay within your planned budget. Effective budget tracking is essential to financial transparency, efficient resource allocation, and strategic planning for your nonprofit.

Nonprofit 52

Nonprofit Budgeting Profit and Loss CFO 52

CFO Talks

FEBRUARY 2, 2024

In the evolving role of a Chief Financial Officer (CFO), mastering risk management, budgeting, and forecasting tools is crucial. A CFO’s role is to identify, evaluate, and mitigate these risks through strategic planning, ensuring the integration of risk management processes across all departments of the organisation.

CFO 52

CFO Strategic Planning Risk Management Forecasting 52

Jedox Finance

JUNE 26, 2019

Our business partners, including the CEO, do not have time for a lengthy budget process and outdated forecasts because the market is moving quickly. Digital leadership is deployed throughout a company, creating an IT strategic plan including data management practices. The CFO needs more, too.

Financial Planning and Analysis (FP&A) 120

Financial Planning and Analysis (FP&A) CFO Leadership Finance 120

Future CFO

OCTOBER 27, 2024

Sustainability and cost efficiency In terms of the role of CFOs in navigating sustainability-related initiatives and cost efficiency, Johary believes that they are a strong contender to lead the organisation. Further, risk management is another area where the CFO shines.

CFO 98

CFO Communication Strategic Planning Economics 98

https://trustedcfosolutions.com/feed/

SEPTEMBER 26, 2022

This year is coming to a close, and for many of us, that means it’s budgeting season. If you dread this time of year and the pressures of budget changes and new demands, you are not alone. Without a solid foundation to build your 2023 budget, you risk missing opportunities and losing revenue.

Budgeting 57

Budgeting Planning Forecasting Strategic Planning 57

VCFO

FEBRUARY 3, 2022

When I served as a panelist for the webinar, “Budgeting Basics: How to Build a Strong Budget,” we discussed a variety of topics, including how budgets affect profitability, when to start building next year’s budget, planning frameworks and the company stakeholders who need to be involved in the process.

Budgeting 68

Budgeting Leadership Communication Planning 68

CFO Share

AUGUST 22, 2024

Over the past ten years, the role of a fractional CFO has changed the small business landscape. Hiring a full-time Chief Financial Officer (CFO) is seldom viable for small businesses and startups. Enter the fractional CFO—a part-time financial expert who can provide top-tier financial oversight without the full-time cost.

CFO 52

CFO Restructuring Strategic Planning Budgeting 52

Focus CFO

NOVEMBER 18, 2024

Building a powerful annual budget that aligns with your company's vision and strategic plans is crucial for success, especially as we head into 2025. This year presents unique challenges and opportunities, making a robust budgeting process more critical than ever. The budget must be closely aligned with these goals.

Budgeting 52

Budgeting Economics Benchmarking CFO 52

KG Virtual CFO

OCTOBER 12, 2020

Your business budget puts you in control of your company. But with the coronavirus in full swing, you may have had to throw your business budget out the window to stay afloat. To get your business budget back on track post-coronavirus, you might need to make some modifications. Sign up to receive periodic business articles.

Budgeting 52

Budgeting Cash Flow Forecasting Prioritization Forecasting 52

CFO News Room

DECEMBER 16, 2022

As a financial executive, the chief financial officer (CFO) is responsible for the financial health of an organization. The CFO role is multi-faceted and includes everything from financial planning and analysis to business budgeting, financial decision-making, and risk management. Budget Analyst.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

Boston Startup CFO

APRIL 12, 2024

Employee Benefits Implementation Our firm will help you design and implement competitive employee benefit packages tailored to your organization's needs and budget. By offering attractive benefits, you can attract and retain top talent, enhance employee satisfaction, and build a strong company culture.

Strategic Planning 40

Strategic Planning Planning Budgeting Prioritization 40

Beacon CFO Plus

OCTOBER 21, 2021

The CFO of your organization is one of your key leaders and strategists. What do you do when a CFO abruptly quits or announces plans to retire? The role of a CFO is hard to fill—and it must be done the right way. It can take years to build a strong relationship between a company’s CFO and CEO or ownership.

CFO 52

CFO Strategic Planning Leadership Budgeting 52

CFO Talks

MARCH 20, 2024

From Controller to CFO: What Changes? Moving from being a Controller to a CFO is a big step up. Both the CFO and Controller deal with the company’s finances, but they focus on different things. The CFO, however, looks at the bigger picture. Budgeting: The Controller gathers info and puts the budget together.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

Fpanda Club

SEPTEMBER 2, 2021

The list of typical FP&A activities usually includes planning, budgeting, forecasting, analysis, management reporting and performance management. Planning relates to determining the company’s short-term (1-year) and long-term (3-5 years) objectives. This process usually occurs once a year and lasts several months.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Budgeting 130

CFO Talks

NOVEMBER 21, 2024

Members’ Profile: Anne-Marie de Bruin In this edition of CFO Club Africa’s Members Spotlight, we are introducing Anne-Marie de Bruin, a highly experienced finance professional and the freelance Financial Manager at AM Cross Country Consulting. Leadership and communication skills are equally important.

CFO 98

CFO Leadership Communication Problem Solving 98

The Charity CFO

NOVEMBER 17, 2022

Financial planning and budgeting are vital for the success and sustainability of any nonprofit organization. . That’s why it’s important to start thinking about your budget for 2023 now. Budgeting should go beyond simply tracking money in and money out. . Intro to Budgets for Nonprofits.

Nonprofit 52

Nonprofit Budgeting Forecasting CFO 52

The Charity CFO

JULY 19, 2024

What is a Chief Financial Officer (CFO)? A Chief Financial Officer (CFO) is a senior executive in charge of the strategic direction and goal setting of a nonprofit’s accounting and financial management. Responsibilities typically include advanced analysis and reporting, budgeting, etc.

CFO 52

CFO Accounting Nonprofit General Ledger 52

CFO Thought Leader

NOVEMBER 3, 2024

In this episode of “Planning Aces,” finance leaders explore the evolving role of FP&A as a strategic partner emphasizing the importance of reliable data in aligning decision-making and resetting priorities. Matt Steinfort, CFO of Digital Ocean, underscores the importance of constraints in Finance and FP&A.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Strategic Planning CFO Education 52

VCFO

MARCH 2, 2023

Challenges Faced by Professional Services Firms (and How a Strategic CFO Can Address Them) Professional services firms are unique entities. Some may think that makes financial management and strategic planning in a professional services firm simpler. What is your long-term plan for the business?”

Strategic Planning 62

Strategic Planning CFO Budgeting Planning 62

BlueLight

MAY 1, 2020

Traditionally, the chief financial officer (CFO) is responsible for tracking the company’s past and present financial situation and ensuring on-time and accurate financial reporting. Today, the CFO is expected to inform strategic decisions that drive the success of the company. The CFO takes on the responsibility of FP&A.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Strategic Planning Startups 52

VCFO

NOVEMBER 1, 2023

Alternatively, if expenses are running over budget, are there line items that can be cut or deferred to pull overall expenses back in line with budget? Tax Planning is Beneficial and Essential A wise person once said that failing to plan is planning to fail. It is important to ensure that is happening.

Finance 88

Finance Strategic Planning Auditing CFO 88

The Finance Weekly

MARCH 25, 2024

Big companies used to hog all the CFO action, but now even small and medium-sized businesses are jumping on the bandwagon. Why the sudden CFO craze? In a nutshell, companies are starting to view CFOs as smart investments rather than just expenses. Highest Paid CFOs in the World in 2024 1. As the Director of Amyris Inc.,

CFO 97

CFO Finance Forecasting GAAP 97

CFO Talks

NOVEMBER 29, 2024

Elizabeth Burns, CFO of Gas du Cameroon (GDC), exemplifies this balance, demonstrating how strategic financial leadership can support environmental responsibility. Similarly, Pieter De Jager, CFO of Tanga Cement, pointed to the complexity of transitioning to renewable energy sources. Elizabeth, thank you so much for joining us.

Finance 80

Finance CFO Profit and Loss Leadership 80

VCFO

NOVEMBER 1, 2023

Strategic Focus with Collaboration Some leaders struggle at year-end with striking a good balance between devoting ample time to the future of the business versus tactical tasks that keep the wheels turning. If planning for the upcoming year has not started, you are a bit behind. Reactive vs. Proactive It is now Q4.

Strategic Planning 73

Strategic Planning Leadership Compliance Planning 73

Future CFO

SEPTEMBER 18, 2023

A fractional chief financial officer is an outsourced financial professional providing high-level financial management and strategic guidance to a company on a part-time or project basis. This is particularly valuable for companies that don't require constant CFO oversight or cannot afford a full-time executive.

CFO 52

CFO Leadership Financial Analysis Strategic Planning 52

CFO Thought Leader

OCTOBER 16, 2024

From fiction as a mental escape to deep dives into leadership, health, and emerging technologies, CFOs featured on the CFO Thought Leader podcast in September shared a diverse range of book recommendations. ADP CFO Don McGuire recommends Getting Things Done by David Allen, a classic guide to productivity and stress management.

CFO 52

CFO Leadership Prioritization Strategic Planning 52

A Fractional CFO

JUNE 8, 2022

By Tony Fremarek | A Fractional CFO, LLC A CFO is responsible for managing the financial operations of a business, this includes accounting, financial reporting, cash management, budgeting, maintaining controls, capital structure issues, and financing.

CFO 40

CFO Strategic Planning Cash Management Budgeting 40

A Fractional CFO

APRIL 29, 2021

By Tony Fremarek | A Fractional CFO, LLC A CFO is responsible for managing the financial operations of a business, this includes accounting, financial reporting, cash management, budgeting, maintaining controls, capital structure issues, and financing.

CFO 40

CFO Strategic Planning Cash Management Budgeting 40

CFO Share

APRIL 1, 2024

What to Expect When You Hire an Outsourced CFO The thought of hiring an outsourced Chief Financial Officer (CFO) has been on your mind, perhaps driven by stalled growth and advice from your mentors. Here’s a journey through the initial months of outsourcing your CFO so you know what to expect. Where could they be?”

CFO 52

CFO Profit and Loss Forecasting Financial Analysis 52

Jedox Finance

JANUARY 23, 2020

In a perfect world, we would like an EPM system that manages organization-wide planning, reporting and analysis. Traditionally, organizations used to look at those processes as part of their “Office of the CFO” activities. Business Intelligence (BI) systems offer some functionalities that can overlap with EPM systems.

Financial Planning and Analysis (FP&A) 88

Financial Planning and Analysis (FP&A) Budgeting Data Analysis Forecasting 88

BlueLight

JULY 30, 2020

The financial implication of these decision is critical and the CFO is the executive helping the CEO navigate these decisions. Historically, the CFO role was focused on backward looking information: ensuring on-time and accurate financial reporting. Their titles include CEO, CTO, COO, CFO, and VP of Finance of venture-backed startups.

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

CFO Plans

NOVEMBER 10, 2024

For businesses poised for expansion, understanding and strategically planning for these costs isn’t just advantageous—it’s essential for success. Consider a mid-sized tech company that expanded its workforce by 30%—initially, they underestimated their onboarding expenses, leading to budget overruns.

Tax Planning 52

Tax Planning Benchmarking Risk Management Compliance 52

CFO News Room

FEBRUARY 1, 2023

The retailer could see upside to expected profit in 2024 and 2025 as its strategic plan takes shape, according to the firm. Snap had a rough 2022 as a slowing economy led many companies to slash their digital ad budgets. Advanced Micro Devices — Shares of chipmaker Advanced Micro Devices jumped 12.6%

Profit and Loss 130

Profit and Loss Strategic Planning Budgeting Manufacturing 130

Boston Startup CFO

OCTOBER 22, 2014

As an entrepreneur who has sold two companies over the past decade, I can speak from experience that it isn’t until a startup reaches some success — systematic product launches, lucrative partnerships, international expansion and reliable revenue growth — until they inevitably begin to ask The CFO Question. Do the Old Rules Still Apply?

Startups 52

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

The Charity CFO

OCTOBER 14, 2024

Many founders don’t anticipate the complexities involved in scaling, from creating proper budgets to managing employees and developing sustainable fundraising strategies. The Importance of Strategic Planning Sarah stressed the need for both a business plan and a strategic plan.

Nonprofit 52

Nonprofit Strategic Planning Budgeting CFO 52

Planful

SEPTEMBER 28, 2016

Why Is Budgeting Such a Challenge for Finance Today? The challenges with the budgeting process are both internal and external. According to Lee Feingold , Senior Associate at the Keystone Group, forecasting and budgeting has always been a challenge. What Are the Key Trends CFOs See in Budgeting?

Budgeting 40

Budgeting Planning Forecasting CFO 40

Planful

NOVEMBER 17, 2015

I recently connected with Steve to learn more about his research and the Beyond Budgeting Roundtable. John: Steve, can you start by talking about the mission of the Beyond Budgeting Round Table (BBRT)? The BBRT is a member-based consortium of companies who have joined together to find better ways to plan and control operations.

Budgeting 40

Budgeting Financial Planning and Analysis (FP&A) Forecasting CFO 40