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

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. Watch Demo.

Forecasting 98

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

CFO Talks

NOVEMBER 29, 2024

Elizabeth Burns exemplifies this dynamic role, demonstrating how financial frameworks can be leveraged to meet sustainability objectives and deliver value to diverse stakeholders. Our CSR efforts are guided by defined policies and a dedicated budget. My time at Coca-Cola Tanzania was a pivotal experience in my career.

Finance 98

Finance Profit and Loss CFO Leadership 98

The Finance Weekly

OCTOBER 29, 2024

Financial modeling can also help in performing sensitivity analysis, preparing budgets for capital expenditures, and evaluating the potential value of mergers or acquisitions. Forecasting - Estimating future financial outcomes based on historical data. Investment Evaluation - Assessing mergers, acquisitions, or new projects.

Financial Modeling 52

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

CFO Plans

JUNE 27, 2024

By leveraging tailored financial solutions, companies can drive growth and navigate the financial landscape with confidence. Customized Financial Reporting for Better Decision Making Every business has unique financial needs and goals. Discover how customized accounting can transform your business.

Financial Reporting 52

Financial Reporting Tax Planning CFO Manufacturing 52

The Charity CFO

MARCH 13, 2025

Establish clear approval processes for all financial transactions, including vendor payments and employee reimbursements. Pro Tip: Leverage expense approval tools to ensure all vendor invoices and credit card transactions are reviewed and approved at the appropriate levels. Do You Struggle to Make Sense of Your Financial Statements?

Nonprofit 52

Nonprofit Auditing Compliance Leadership 52

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

CFO Talks

JANUARY 8, 2025

For instance, when inflation rises, some businesses instinctively slash budgets across the board. Cutting this budget may save money in the short term, but it risks creating a skills gap that hinders future growth. Leverage Technology for Efficiency In the face of economic challenges, efficiency becomes critical.

Economics 52

Economics Leadership Budgeting Communication 52

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

NOVEMBER 27, 2024

Create a “priority budget” that focuses on essential spending. Automate routine tasks: Use software to handle things like expense tracking, financial reporting, or payroll. This insight helps you decide whether to adjust budgets or wait it out. Build a safety net: Aim to have a cash reserve for emergencies.

CFO 52

CFO Budgeting Forecasting Communication 52

The Charity CFO

MARCH 29, 2024

One of the best ways to get a quick read on your organization’s financial health is to compare your nonprofit budget to actual performance. A budget to actual analysis helps you look at your estimated revenue and expense versus what your organization actually saw. This helps improve donor confidence in your organization.

Nonprofit 52

Nonprofit Budgeting CFO Prioritization 52

The Charity CFO

JUNE 26, 2024

Dana and Tosha’s conversation today will focus on digital marketing and how this tool can be leveraged, especially in nonprofit organizations, to assist in fundraising. The other side is the intentionality of business planning with a marketing budget in mind. Marketing is a fun game in the business world. Get the free guide!

Nonprofit 52

Nonprofit Leverage Marketing Budgeting 52

Spreadym

AUGUST 10, 2023

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have. What is financial reporting software?

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) Accounting Standards CFO 52

CFO Share

JULY 16, 2024

In contrast, a CFO is a more strategic financial professional, focusing on long-term planning, investor relations, and overarching financial strategy. Purpose of the Role The controller ensures financial reporting compliance and accuracy while preventing and detecting fraud.

Financial Planning and Analysis (FP&A) 98

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

CFO Talks

NOVEMBER 21, 2024

My goal is to leverage my experience and skills in finance and strategic management to drive growth, operational efficiency, and long-term success for an organization. First and foremost is financial acumen—understanding financial reporting, budgeting, forecasting, and compliance is foundational.

CFO 98

CFO Leadership Communication Problem Solving 98

Planful

MARCH 18, 2019

The financial reporting manager must be able to clearly explain specific financial concepts at a high level for busy executives. FP&A teams can do so by leveraging these four essential types of financial reports techniques. Department Budget vs. Actual Reports.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Financial Reporting Cash Flow Forecasting Budgeting 40

The Finance Weekly

OCTOBER 13, 2021

Compliance: Abide by laws regarding environmental regulations, financial reporting, etc. CPM software includes budgeting, forecasting and planning functions, as well as graphical scorecards and dashboards to deliver and to display corporate information. Internal: Employee experience and quality of company management.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Strategic Planning 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 Forecasting 130

The Charity CFO

FEBRUARY 12, 2025

On this episode of A Modern Nonprofit Podcast, host Tosha Anderson welcomed Sheri Chaney Jones , CEO and Founder of SureImpact , to discuss how nonprofits can leverage data to better engage donors and stakeholders. Book a FREE consultation here Do You Struggle to Make Sense of Your Financial Statements? Get the free guide!

Nonprofit 52

Nonprofit Leadership Communication Prioritization 52

CFO Plans

SEPTEMBER 24, 2024

For instance, consider a local bakery that leveraged financial advisory services to streamline their expenses and increase profitability by 20% within a year. These professionals can help you develop a robust financial strategy, ensuring that your business remains profitable and compliant with tax regulations.

Tax Planning 52

Tax Planning Accounting Planning Budgeting 52

Future CFO

AUGUST 7, 2024

"Orchestration at this level includes education, influencing, execution project management and performance reporting and other." "As As opposed budgeting, I prefer to set ‘targets’', says Ho. Budgets encourage a ‘fixed mindset’ and caps under which we operate. There is a fine line between the two but a very necessary one.

Data Analysis 98

Data Analysis CFO Budgeting Performance Measuring 98

CFO Plans

JUNE 13, 2024

One game-changing strategy that’s become increasingly popular is leveraging Fractional CFO services. These part-time financial experts provide strategic guidance without the hefty price tag of a full-time CFO, making high-level financial leadership accessible to all businesses.

CFO 52

CFO Tax Planning Manufacturing Leverage 52

CFO Plans

JUNE 7, 2024

One game-changing strategy that’s become increasingly popular is leveraging Fractional CFO services. These part-time financial experts provide strategic guidance without the hefty price tag of a full-time CFO, making high-level financial leadership accessible to all businesses.

CFO 52

CFO Tax Planning Manufacturing Leverage 52

CFO Plans

SEPTEMBER 24, 2024

Robust financial management is not a luxury but a necessity. Yet, many budding entrepreneurs face the challenge of budget constraints, making it difficult to hire a full-time CFO. Enter affordable virtual CFO services—a game-changer that offers scalable financial strategies tailored specifically for startups.

Startups 52

Startups CFO Financial Analysis Risk Management 52

CFO Plans

AUGUST 9, 2024

Outsourced CFO Services Revolutionize Financial Management Outsourced CFO services have revolutionized financial management for businesses of all sizes. By leveraging the expertise of seasoned financial professionals, companies can gain strategic insights without the overhead costs of a full-time CFO.

Accounting 52

Accounting Tax Planning CFO Startups 52

CFO Plans

JULY 18, 2024

Certified public accountants (CPAs) with expertise in real estate can offer invaluable insights into managing cash flow, budgeting, and financial forecasting. By partnering with a CPA specializing in real estate, they implemented a robust financial management system that included detailed budgeting and forecasting.

Accounting 52

Accounting Compliance CFO Restructuring 52

CFO Plans

SEPTEMBER 24, 2024

Discover Scalable Accounting Solutions Small Business Financial Advisory Lays the Foundation When launching a startup, every financial decision counts. Small Business Financial Advisory services provide the foundational support needed to navigate initial financial hurdles.

Startups 52

Startups Accounting CFO Tax Planning 52

CFO Plans

SEPTEMBER 24, 2024

Get Started with CFO Plans Today Small Business Financial Advisory as Your Strategic Partner Navigating the financial landscape can be daunting for small business owners. Robust Small Business Financial Advisory services offer tailored advice, helping businesses make informed decisions.

Accounting 52

Accounting CFO Compliance Financial Reporting 52

Fpanda Club

FEBRUARY 1, 2021

Though some activities, such as financial reporting, budgeting and forecasting are periodic, they are always characterized by tough deadlines to be respected. Working with large data sets, making complex calculations and logical conclusions should not be an issue for you. Resilience to stress and ability to work under pressure.

Finance 130

Finance Communication CFO Prioritization 130

CFO Plans

MAY 16, 2024

This capability provides CFOs with up-to-the-minute insights into their company’s financial health, fostering more informed decision-making and quicker responses to market changes. In contrast, SaaS-based solutions operate on a subscription model, making them more budget-friendly.

Accounting 52

Accounting Compliance Financial Data Manufacturing 52

CFO Talks

OCTOBER 15, 2024

Start by leveraging data from your accounting systems and working with your finance team to create simple forecasting models. Regulatory Compliance Regulatory risks—like changes in tax laws, financial reporting standards, or environmental regulations—can create significant headaches for CFOs.

Risk Management 95

Risk Management Compliance Forecasting Credit Risk 95

CFO Plans

SEPTEMBER 24, 2024

In today’s dynamic business environment, small businesses face a myriad of financial challenges. The need for strategic financial planning and real-time financial reporting has never been more critical. For instance, a boutique marketing agency might use strategic financial planning to expand its service offerings.

CFO 52

CFO Startups Tax Planning Accounting 52

Centage

NOVEMBER 22, 2023

Why consolidating multiple P&L statements in Excel is challenging and costly While the benefits of managing multiple P&L statements across an organization are clear, so are the problems this process introduces — especially when the finance team is stuck in a decades-old, spreadsheet-only budgeting methodology.

Profit and Loss 52

Profit and Loss Budgeting GAAP Financial Reporting 52

Future CFO

FEBRUARY 26, 2025

Modern ERP solutions allow finance leaders to leverage AI to transform financial management through integrating AI-driven capabilities such as: Enhance Forecasting Accuracy Predict cash f low, monitor budget trends, and optimize financial planning with AI-powered analytics.

Accounts Payable 52

Accounts Payable Leverage Risk Management Budgeting 52

The Finance Weekly

JUNE 17, 2024

With over 1,300 customers, including renowned companies such as Bose, 23andMe, and Five Guys, Planful is relied upon to improve its planning, budgeting, consolidation, reporting, and analytics processes. By leveraging Planful, these organizations can speed up cycle times, improve productivity, and ensure accurate reporting.

Financial Planning and Analysis (FP&A) 52

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

The Charity CFO

AUGUST 21, 2024

Accountants work to safeguard the financial health of the nonprofit by keeping detailed records and ensuring that funds are used appropriately. During these meetings, both teams can discuss upcoming fundraising campaigns, budget needs, and financial constraints to ensure everyone is on the same page.

Communication 52

Communication Accounting Nonprofit Budgeting 52

Michigan CFO

JUNE 7, 2023

Understanding the Role of a CFO A CFO is a high-level executive responsible for overseeing the financial activities of an organization. Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team. What Do Virtual CFOs Do?

CFO 52

CFO Problem Solving Budgeting Financial Systems 52