CFO News Room

DECEMBER 16, 2022

One industry that tends to be recession-resistant is finance. 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. If you’re considering a career in finance, you’re probably wondering what the best-paying jobs are. Chief Financial Officer.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

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

Centage

JANUARY 18, 2022

While spreadsheets have long reigned supreme as the foundation of budgeting and forecasting for many organizations, the shortcomings of this legacy, siloed tool have become too hard to ignore. Accuracy is the critical to the budgeting and forecasting process. How valuable is my budget for managing the business next year?

Budgeting 111

Budgeting Forecasting Financial Planning and Analysis (FP&A) General Ledger 111

Centage

AUGUST 15, 2022

In the current economic climate, proper financial planning and management are more essential than ever before. With that in mind, many businesses are turning to budgeting and planning drivers as a way of obtaining more accurate information. Managers can then run scenarios with the drivers to improve long-term strategic planning.

Budgeting 105

Budgeting Planning Forecasting GAAP 105

Centage

OCTOBER 23, 2023

Your teams have spent months creating, adjusting, re-creating, and finalizing your budget for the next year. You’re finally ready to bring your annual budget presentation to the board. Is the board going to care that you’ve allocated 20% of IT’s budget for training? Or that accounting has planned $5,000 for a new printer?

Budgeting 52

Budgeting Forecasting Strategic Planning Planning 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. Their insights illustrate how Finance can proactively drive growth and innovation across departments.

Financial Planning and Analysis (FP&A) 52

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

Centage

OCTOBER 17, 2022

As you start your financial planning for 2023 and beyond, follow these steps to solidify your three-year strategic plan and boost the odds of achieving your business’ goals. To that end, it’s essential to have a software program that lets you create multiple versions of your budget based on different financial models.

Strategic Planning 52

Strategic Planning Planning Cash Flow Forecasting Forecasting 52

The Finance Weekly

OCTOBER 8, 2023

To handle these challenges well, it's crucial to plan carefully and use efficient tools for managing finances. Budgeting software can greatly help by , automating financial tasks , making processes more efficient, and leading the business toward long-term success. Why You Should Use Budgeting Software for Your Business?

Financial Planning and Analysis (FP&A) 52

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

Centage

JANUARY 9, 2024

While spreadsheets have long reigned supreme as the foundation of budgeting and forecasting for many organizations, the shortcomings of this legacy tool, and the silos it creates, have become impossible to ignore. It’s never a bad time to consider how to improve your overall budgeting and forecasting process.

Budgeting 52

Budgeting Forecasting General Ledger Planning 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. Need help scaling?

Nonprofit 52

Nonprofit Strategic Planning Budgeting CFO 52

The Charity CFO

NOVEMBER 23, 2022

The finance director role is critical to the success of any nonprofit, making it one of the most important hires an organization can make. They create and maintain financial records, prepare financial reports, and oversee the organization’s budget. A Bachelor’s Degree In Accounting, Finance, Or A Related Field Is Required.

Nonprofit 52

Nonprofit Finance Strategic Planning Budgeting 52

Spreadym

JUNE 8, 2023

Planning, budgeting and forecasting for a business are three distinct financial management tools used in business, each serving a different purpose. Key differences between planning, budgeting and forecasting for a business Here are key difference between planning, budgeting and forecasting for a business.

Forecasting 52

Forecasting Budgeting Planning Risk Management 52

VCFO

JUNE 29, 2023

Restoring and Ensuring Effective Nonprofit Finance Practices Decades ago, healthcare trailblazer Sister Irene Kraus moved her mantra of “No Margin. Here, we look at what can cause finance and compliance-related practices to go astray in nonprofits, as well as what can be done to get them back on course and keep them there. No Mission.”

Nonprofit 67

Nonprofit Finance CFO Compliance 67

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

JUNE 10, 2022

Your finance committee spends the most time analyzing and studying your nonprofit’s numbers, yet your entire board of directors is responsible for financial oversight. Doing so helps you ensure your team truly understands your finances and can help you do your job more effectively. Activate the Finance Committee.

Nonprofit 52

Nonprofit Finance Strategic Planning Cash Flow Forecasting 52

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 Simplified

DECEMBER 12, 2021

The terms “finance” and “accounting” are often used interchangeably. There are, however, very real differences between finance and accounting. While many business owners look for a CFO to bolster their existing accounting team, here at CFO Simplified, we consider that a CFO would be categorized squarely in the finance category.

Accounting 52

Accounting Finance Cash Flow Forecasting Quantitative Analysis 52

Spreadym

NOVEMBER 3, 2023

It involves evaluating your income, expenses, assets, and liabilities to develop a comprehensive plan for managing your finances effectively. Budgeting : Create a detailed budget that outlines your income and expenses. Budgeting : Create a detailed budget that outlines your income and expenses.

Planning 59

Planning Strategic Planning Budgeting Forecasting 59

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.

Budgeting 52

Budgeting Cash Flow Forecasting Prioritization Forecasting 52

Lime Light

JUNE 12, 2023

Having an accurate and dynamic forecast creates a confident finance function in any business. However, when your skilled FP&A team members spend hours gathering and formatting static spreadsheets, that’s less time being spent on analyzing results, developing what-if-scenarios, and modeling strategic plans and forecasts.

Financial Planning and Analysis (FP&A) 75

Financial Planning and Analysis (FP&A) Planning Strategic Planning Forecasting 75

Centage

APRIL 24, 2023

As change continues to add uncertainty to the Healthcare sector finance leaders remain tasked with effectively analyzing, monitoring and predicting the financial performance of your organization. Accelerate your budgeting cycles and minimize the risk of data errors. Generate detailed personnel plans.

Financial Planning and Analysis (FP&A) 98

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

Future CFO

OCTOBER 27, 2024

At the forefront of this situation, the archipelago's chief financial officers and finance leaders are expected to be sustainability champions, integrating ESG factors into their financial planning and reporting processes.

CFO 98

CFO Communication Strategic Planning Economics 98

The Charity CFO

JANUARY 12, 2024

Financial forecasting is a term you’ll hear thrown around in the business world quite often—but in the world of nonprofits, it can be difficult (and even downright impossible) to plan your organization’s finances with any degree of certainty. What is the Difference Between a Forecast and a Budget?

Nonprofit 52

Nonprofit Forecasting Budgeting Strategic Planning 52

Centage

OCTOBER 11, 2022

In reality, it’s more science than art, and should be a critical component of management’s operational planning – especially during uncertain times. So today, workforce planning has never been more challenging to manage as these factors add pressure to effectively executing workforce planning and budgeting.

Financial Planning and Analysis (FP&A) 98

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

Future CFO

AUGUST 30, 2021

What makes for a sought-after chief finance professional (CFO)? 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.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Problem Solving 52

CFO Thought Leader

JANUARY 27, 2024

This episode of Planning Aces sheds light on the critical role financial leadership and strategic planning plays in guiding companies through turbulent times and the importance of balancing short-term opportunities with long-term strategic planning.

Strategic Planning 52

Strategic Planning Leadership CFO Planning 52

CFO Share

AUGUST 22, 2024

Whether you are an entrepreneur hiring a fractional CFO or a finance professional considering a change to the fractional profession, understanding fractional CFO salary trends can help you make an informed decision. 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

The Charity CFO

JULY 3, 2024

This means your review should include all aspects of your organization’s finances–from budgets to grant status. Budget vs. Actual Comparison: This lets you compare your actual financial performance against the projected budget. Step 2: Analyze budget variances. Step 4: Evaluate cash flow and liquidity.

Nonprofit 52

Nonprofit Budgeting Compliance CFO 52

The Finance Weekly

DECEMBER 20, 2023

To align human resources (HR) strategies with ,, business objectives , you should consider the costs associated with developing and sustaining your workforce within your overall financial planning. The planning and modeling capabilities make it a complete solution for finance and HR planning. Self-service planning.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

JANUARY 8, 2024

It's a crucial question for finance leaders in any business. It's not just about knowing your current financial situation, but also projecting into the future based on your plans. Is Budgeting Different from Forecasting? Budgeting, on the other hand, is the strategic planning of a company's finances in crucial areas.

Forecasting 52

Forecasting Budgeting Startups Strategic Planning 52

VCFO

MARCH 2, 2023

Some may think that makes financial management and strategic planning in a professional services firm simpler. This approach often manifests itself through mental exercises of “we did X in revenue this year and want to do Y% more next year,” but lacks sufficient thought and planning as to how that’s going to happen.

Strategic Planning 62

Strategic Planning CFO Budgeting Planning 62

The Finance Weekly

DECEMBER 20, 2023

To align human resources (HR) strategies with ,, business objectives , you should consider the costs associated with developing and sustaining your workforce within your overall financial planning. Facilitates teamwork among budgeting and workforce planning team members by enabling them to share data, leave comments, and assign tasks.

Financial Planning and Analysis (FP&A) 52

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

Fpanda Club

SEPTEMBER 2, 2021

The growing variety and complexity of tasks within the finance function has resulted in the creation of a discipline that is supposed to become a bridge between the finance and business to support decision-making process by leveraging data and technology. This relates to FP&A which stands for financial planning and analysis.

Financial Planning and Analysis (FP&A) 130

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

Fpanda Club

MARCH 28, 2021

Recent technological advancements and constant changes in the business environment enable the finance function in general and FP&A teams in particular to adopt new ways of work, new practices, new tools to meet the needs of their internal and external customers.

Budgeting 130

Budgeting Forecasting General Ledger Finance 130

CFO Share

JULY 16, 2024

The CFO is a strategic financial leader of the organization. They collaborate with executives, investors, and the finance team to manage risk, choose investments, and collaborate on strategic decisions. Strategic Planning and Forecasting CFOs create long-term financial plans and forecasts.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) CFO Compliance General Ledger 98

Future CFO

JULY 23, 2024

This is the view of Georgeta Elena Precup (Moran), CPA,CGMA , Operating Partner - Acting CFO, Advisory at Beyond Podiatry , emphasising how CFOs occupy a unique vantage point, overseeing not only financial health but also strategic planning , risk management, and corporate governance.

Auditing 59

Auditing Communication CFO Strategic Planning 59