The Charity CFO

JANUARY 15, 2025

There is often tension as a board focuses either on fundraising or finance. In the latest episode of A Modern Nonprofit Podcast, host Tosha Anderson sat down with Paul Morris, Executive Fundraising Coach at Auxilia , to discuss the critical partnership between finance and development in nonprofits. Check out his first episode here.

Nonprofit 52

Nonprofit Finance Budgeting Leadership 52

Future CFO

MARCH 3, 2025

The finance function is undergoing a seismic shift. Technological advancements, evolving market demands, and a heightened focus on sustainability are converging to reshape the finance landscape. A recent report by McKinsey estimates that automation could potentially displace up to 30% of work activities in finance and accounting.

Finance 69

Finance Communication Leadership Profit and Loss 69

CFO News Room

DECEMBER 16, 2022

One industry that tends to be recession-resistant is finance. After all, people will always need financial services, whether investing their money , taking out loans, or managing their taxes. And while the finance industry has seen its share of ups and downs over the years, it generally bounces back fairly quickly after a downturn.

Finance 130

Finance Budgeting Financial Analyst Compliance 130

The Charity CFO

APRIL 1, 2025

WHATS INSIDE: 6 PILLARS OF NONPROFIT FINANCIAL MANAGEMENT The 30 points in The Charity CFO Financial Blueprint are grouped into six essential categorieseach representing a core component of sustainable nonprofit finance. FINANCIAL FOUNDATION Every great organization begins with a solid financial foundation.

Nonprofit 98

Nonprofit CFO Leadership Cash Flow Forecasting 98

Centage

SEPTEMBER 28, 2022

Also known as FP&A, financial planning and analysis refers to various planning and budgeting activities that help a company to make savvy decisions regarding its long-term goals. By identifying budget variances, companies can better assess how changes will cascade through the rest of the fiscal year.

Financial Planning and Analysis (FP&A) 97

Financial Planning and Analysis (FP&A) Financial Reporting Forecasting Budgeting 97

Centage

DECEMBER 15, 2022

Why Accurate and Granular or Detailed Financial Reporting is Imperative During Times of Volatility. Which is why today it’s more important than ever to have a strong, accurate financial reporting process so you can make key decisions for your business in the days, weeks and months ahead. Beyond Static Reports.

Financial Reporting 98

Financial Reporting Financial Planning and Analysis (FP&A) Profit and Loss Forecasting 98

Centage

NOVEMBER 16, 2022

Recognizing that organizations with access to and insights into the most data have the best chance of weathering the downturn, savvy business owners are taking steps to improve their financial reporting. Key Financial Reports to Run. The Importance of Automated Financial Reporting.

Financial Reporting 98

Financial Reporting Financial Planning and Analysis (FP&A) Leverage Forecasting 98

Centage

MARCH 2, 2022

To achieve this, you need a cloud-based financial reporting software that can support frequent forecasting, scenario planning, and reporting. While accuracy in reporting remains a top priority for CEOs, efficiency and speed follow close behind. Financial Reporting & Analytics Made Easy. Learn More.

Financial Reporting 98

Financial Reporting Budgeting Forecasting Data Analysis 98

Centage

JULY 25, 2023

Though some businesses rely on Excel for budgeting and financial management needs, the software has some notable disadvantages that may make it a less-than-optimal solution for your business. If a member of your team accidentally enters inaccurate data, this could throw off your company’s entire budget.

Budgeting 98

Budgeting Financial Planning and Analysis (FP&A) General Ledger Forecasting 98

The Finance Weekly

FEBRUARY 23, 2025

Strong FP&A practices help finance teams improve data accuracy , use technology effectively, and make well-informed financial decisions. This leads to better budgeting, more reliable forecasting, and stronger financial stability. Improve steps by doing this: Monitor real-time financial performance to stay on track.

Financial Planning and Analysis (FP&A) 52

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

Fpanda Club

FEBRUARY 1, 2021

Young people usually choose their career in finance as it seems to be rather easy to measure success: there is a beaten path from an entry-level accountant/auditor or financial analyst to finance manager and later to CFO. This is the reason for many graduates to pick finance as their career. Finance field is no exception.

Finance 130

Finance Communication CFO Prioritization 130

The Finance Weekly

OCTOBER 29, 2024

Financial modeling involves creating a mathematical representation of a company's financial situation, typically using tools like Excel. This practice allows businesses, investors, and finance professionals to evaluate investment opportunities, assess risks, forecast future scenarios, and support strategic decision-making.

Financial Modeling 52

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

A Fractional CFO

MARCH 26, 2025

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 66

CFO Strategic Planning Cash Management Budgeting 66

Centage

DECEMBER 1, 2021

Once upon a time, businesses were satisfied with creating an annual budget. You used your budget as a measuring stick to gauge performance against assumptions made months ago. If your board asked you to run new numbers based on fresh assumptions, it took you days or weeks to create a new set of reports.

Forecasting 98

Forecasting Budgeting Financial Planning and Analysis (FP&A) Benchmarking 98

Centage

SEPTEMBER 14, 2021

When it comes to business budgeting and planning, traditional spreadsheets are labor-intensive, prone to errors, and static, so it can be difficult to get a clear view on your current and future financial position. With the fast pace of business change, CFOs need accurate financial information to make informed decisions on the fly.

Budgeting 96

Budgeting General Ledger Data Analysis Financial Data 96

Centage

DECEMBER 7, 2022

the maker of QuickBooks Online Advanced, to bring automated budgeting, forecasting, reporting and analytics capabilities to QuickBooks Online Advanced customers and mid-market organizations looking for more robust and streamlined budgeting capabilities. Key Priorities & Requirements for Finance in 2023.

Budgeting 98

Budgeting Planning Forecasting GAAP 98

The Charity CFO

MARCH 26, 2025

If donors know, like, and trust you, theyre more likely to give, engage, and stay loyaleven when budgets get tight or your role changes. Get our FREE GUIDE to nonprofit financial reports, featuring illustrations, annotations, and insights to help you better understand your organization's finances. Get the free guide!

Nonprofit 98

Nonprofit Leadership Education Budgeting 98

Centage

OCTOBER 14, 2021

Financial reporting is a critical task for any organization. Understanding where your actual financials stand in relation to budgets and projections is important to keeping your business on track and in helping to create new projections and budgets. When it comes to financial reporting, Excel just doesn’t hold up.

Financial Reporting 59

Financial Reporting Financial Planning and Analysis (FP&A) Budgeting Concentration 59

Musings on Markets

DECEMBER 11, 2024

I like to make a difference : I do not expect my students to agree with all or even much of what I have to say, but I would like to think that I sometimes change the way they think about finance, and perhaps even affect their choice of professions.

Valuation 130

Valuation Corporate Finance Finance Investments 130

Centage

JANUARY 17, 2023

Between a volatile stock market, high interest rates, supply chain issues, inflation, and a possible recession, having a solid financial planning process in place is an important piece of sustaining your business through challenging times. Budget vs Actual Statement – What It Is and What It Isn’t.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Planning Forecasting 98

Centage

JANUARY 4, 2022

It’s that time of year again when many organizations are busy setting business objectives and planning budgets for the next fiscal year. Part of that effort requires a deep dive into the overall financial health of your organization. There’s no denying these factors play a major role in an organization’s overall long-term success.

Financial Reporting 94

Financial Reporting Budgeting Accounts Payable Benchmarking 94

CFO Talks

OCTOBER 10, 2024

Finance and Strategy: Making Numbers Work for Your Vision Imagine this: Your company has a fantastic vision—perhaps it’s to dominate a new market, launch a groundbreaking product, or grow your team and profits. This is where aligning your finance with strategy comes in. So should your financial management.

Numbers 98

Numbers Finance CFO Leadership 98

The Finance Weekly

OCTOBER 9, 2022

In the past, there was little opportunity for close collaboration between the functions of finance and IT. According to , Jim Caci , CFO of software-as-a-service (SaaS) and data management platform provider AvePoint, the collaboration between finance and IT is essential for any company looking to grow.

Finance 98

Finance Budgeting CFO Forecasting 98

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.

CFO 98

CFO Leadership Communication Problem Solving 98

Collectiv

NOVEMBER 16, 2021

Financial reporting is meant to give stakeholders an accurate depiction of a company’s finances. Instead, they are learning how to legitimately run the company and make better decisions using financial information. Ready to learn a better way to visualize and present financial reporting?

Financial Reporting 75

Financial Reporting Profit and Loss Budgeting Analyzing Data 75

The Finance Weekly

FEBRUARY 26, 2025

Prophix aims to address these challenges by offering advanced, cloud-native financial planning solutions. Prophix is an enterprise financial management software designed to streamline budgeting, planning, reporting, and analysis. Charting and Graphing Tools Create interactive financial visuals to support decision-making.

Financial Planning and Analysis (FP&A) 52

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

The Charity CFO

JANUARY 22, 2025

But what if the key to financial clarity and stability lies in sharing the load? The truth is, many successful nonprofits empower leaders to manage their own department budgets. In this article, well explore why financial management is a shared responsibility and how nonprofits can use this strategy to drive their missions forward.

Nonprofit 52

Nonprofit Leadership Accounting Budgeting 52

The Charity CFO

MAY 31, 2024

But what financial reports are most important to build that trust through transparency with your board of directors? Actual Report Fundraising and Development Report 1. For-profit businesses also call the statement of financial position a balance sheet, and many nonprofits do the same.

Nonprofit 52

Nonprofit Financial Reporting Budgeting CFO 52

Centage

MAY 23, 2022

The current economic circumstances haven’t just resulted in financial uncertainty for millions of Americans. They’ve also helped reveal the problems inherent in conventional budgeting methodologies. Read on to discover the benefits of rolling budgeting, rolling financial forecasting, and mid-year forecasts for your business.

Forecasting 98

Forecasting Financial Planning and Analysis (FP&A) Budgeting Planning 98

The Charity CFO

MAY 31, 2022

It’s a myth that all stakeholders need to be experts in every aspect of nonprofit finances. Even on nonprofit financial committees, some members may be skilled in accounting, others in banking, and others in investing or financial analysis. Because the basics of nonprofit finances are easy to grasp. .

Nonprofit 98

Nonprofit Finance Auditing Accounts Payable 98

CFO Talks

APRIL 8, 2025

Members Profile: Julius Katanaka In this edition of our CFO Spotlight series, we feature Julius Katanaka, Head of Finance at Wazalendo SACCO Ltd, a seasoned finance professional with a strong accounting and strategic financial management background. Workout What sparked your interest in finance?

CFO 52

CFO Leadership Auditing Finance 52

The Finance Weekly

FEBRUARY 22, 2025

Did you know that 47% of businesses still rely on spreadsheets for financial planning, despite the risks of errors and inefficiencies? Workday Adaptive Planning aims to solve this problem by offering a cloud-based Financial Planning & Analysis (FP&A) solution with AI-powered forecasting, budgeting, and workforce planning tools.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

JANUARY 1, 2023

Once again 2022 was not a boring year, both for world events and finance in particular, and the growing number of readers and widely diverse range of topics attests to that. Here at the Finance Weekly, we compiled a list of the five most read articles of 2022: 1) Cloud FP&A Software Solution Comparison – The Complete Guide.

Finance 98

Finance Compliance Economics Forecasting 98

Future CFO

DECEMBER 31, 2021

In response, 82% of CFOs report that investments in digital are accelerating faster than in other areas, including talent, supply chain, business services or fixed assets. What does this mean to the finance and accounting team of 2022? The next stages of digital transformation will drive this growing demand for multi-skilled talent.

Leadership 98

Leadership Finance GAAP Forecasting 98

Future CFO

NOVEMBER 17, 2022

When it comes to cashflow visibility, under 4% of the 1,483 business leaders and finance and accounting executives from different countries report complete confidence, said Blackline recently. The post Cashflow visibility: Finance execs, C-suites report low confidence appeared first on FutureCFO.

Finance 96

Finance Financial Data Economics Budgeting 96

CFO Plans

JUNE 27, 2024

Customized Financial Reporting for Better Decision Making Every business has unique financial needs and goals. Outsourced accounting services provide customized financial reporting that offers a clear and comprehensive picture of a company’s financial health.

Financial Reporting 52

Financial Reporting Tax Planning CFO Manufacturing 52

The Finance Weekly

NOVEMBER 8, 2022

A finance software stack is a list of top solutions that will produce the best results for finance teams. Finance is responsible for a large number of critical operations in a business. Here are the 7 best finance software solutions broken down into different categories: 1) Accounting. Low implementation times.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98