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. Real-time reporting – specifically around variance reporting, and alerting.

Budgeting 98

Budgeting Planning Forecasting GAAP 98

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

MARCH 2, 2022

CEOs and boards of directors ask their teams tough questions for a reason: They want to know how their company is performing against plans and identify risks or opportunities that lie ahead. To achieve this, you need a cloud-based financial reporting software that can support frequent forecasting, scenario planning, and reporting.

Financial Reporting 98

Financial Reporting Budgeting Forecasting Data Analysis 98

Centage

DECEMBER 15, 2022

Why Accurate and Granular or Detailed Financial Reporting is Imperative During Times of Volatility. Often, CFOs and executive teams put together a plan that represents a snapshot of what they believe will happen, based on the best data they have available at the time. Enter Modern Financial Reporting.

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

CFO Talks

DECEMBER 4, 2024

Instead, it’s the ability to adapt to challenges, consider new perspectives, and adjust plans while keeping the bigger picture in mind. A rigid approach might involve sticking to an existing budget and hoping the situation resolves itself. Create contingency plans for best-case, worst-case, and middle-ground scenarios.

Leadership 96

Leadership CFO Problem Solving Budgeting 96

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

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. And gone are the days when you could wait for a quarterly budget review to make decisions about corporate spending.

Budgeting 96

Budgeting General Ledger Data Analysis Financial Data 96

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. This hindsight focus is a necessary aspect of planning for the future of the business.

Financial Reporting 94

Financial Reporting Budgeting Accounts Payable Benchmarking 94

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

CFO Talks

NOVEMBER 29, 2024

From the financial side, I am heavily involved in the scoping of the AFE, ensuring all financial models, scenario planning, and required returns are accurately detailed. Our CSR efforts are guided by defined policies and a dedicated budget. Balancing these demands requires careful planning and prioritization.

Finance 98

Finance Profit and Loss CFO Leadership 98

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. Produce scenario plans.

Forecasting 98

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

The Finance Weekly

FEBRUARY 23, 2025

Did you know that 35% of organizations identify data quality and timeliness as significant barriers to effective financial planning and analysis (FP&A)? Strong FP&A practices help finance teams improve data accuracy , use technology effectively, and make well-informed financial decisions.

Financial Planning and Analysis (FP&A) 52

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

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

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

Centage

DECEMBER 21, 2022

The Value of Stress Testing Your Financial Plan. As we approach the end of the fiscal year and begin a new one, business leaders have an overriding concern: How accurate are the assumptions we made when we created our plan? All plans, to a certain extent, are based on assumptions. Scenario Planning and Goal Alignment.

Financial Planning and Analysis (FP&A) 98

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

Collectiv

NOVEMBER 16, 2021

The most valuable indicators of the financial health and position of an organization are the metrics that are tracked in financial statements—Balance Sheets, Profit and Loss Statements, Cash Flow Statements, Account Receivables, and more. Financial reporting is meant to give stakeholders an accurate depiction of a company’s finances.

Financial Reporting 75

Financial Reporting Profit and Loss Budgeting Analyzing Data 75

The Finance Weekly

FEBRUARY 26, 2025

Political shifts, rising inflation, and unpredictable market trends are forcing businesses to rethink their financial planning strategies. Prophix aims to address these challenges by offering advanced, cloud-native financial planning solutions. Investment Planning Evaluate potential investments through dynamic modeling.

Financial Planning and Analysis (FP&A) 52

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

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

E78 Partners

MARCH 3, 2025

Despite these favorable conditions, successful IPOs require meticulous preparation, robust financial reporting, and a governance framework that instills investor confidence. Companies must ensure they are operationally, financially, and strategically ready for the transition to public markets.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) GAAP Marketing Compliance 52

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

Lime Light

MARCH 11, 2025

Manual financial reporting processes, heavily reliant on spreadsheets and human data entry, create significant room for errors, delays, and inconsistencies. These inefficiencies can severely impact decision-making, and ultimately, a businesss bottom line.

Financial Reporting 52

Financial Reporting Forecasting Budgeting Planning 52

CFO Talks

JANUARY 8, 2025

For instance, when inflation rises, some businesses instinctively slash budgets across the board. Embrace Scenario Planning No one can predict the future, but planning for multiple outcomes can make your business adaptable. Without scenario planning, businesses can find themselves blindsided by unexpected events.

Economics 52

Economics Leadership Budgeting Communication 52

CFO Talks

MARCH 4, 2025

You have all your ingredients laid out, the recipe in hand, and a clear plan for how everything should come together. If you stick rigidly to the plan without adapting, things fall apart. Here are seven key financial strategies to help you stay in control and thrive no matter whats on the menu. No oven, no fridge, no lights.

Budgeting 52

Budgeting Forecasting Invoicing Sales 52

Centage

SEPTEMBER 27, 2022

Successful businesses recognize the importance of financial planning and analysis. 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. Greater Accuracy.

Financial Planning and Analysis (FP&A) 52

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

CFO Simplified

FEBRUARY 17, 2022

Nobody likes creating a budget. But budgeting is vital because it’s the company’s plan for the coming year. No plan can be created without good, reliable data and analysis. If the proper analysis is done, then the budget becomes a tool to guide the company forward. Create an initial budget for evaluation.

Budgeting 52

Budgeting Cash Flow Forecasting Profit and Loss CFO 52

The Charity CFO

FEBRUARY 13, 2025

What well explore in this blog are three important takeaways: Key Takeaways Financial Red Flags : Nonprofits should be vigilant about red flags such as insufficient unrestricted funding and low cash reserves. Importance of Cash Flow : Understanding cash flow is crucial for maintaining operational stability and planning for future growth.

Nonprofit 52

Nonprofit Strategic Planning CFO Budgeting 52

Centage

JUNE 21, 2022

For most businesses, the current economic circumstances – and looking at what may lay ahead – haven’t just resulted in financial uncertainty, it’s also brought to light the inherent challenges with using conventional budgeting methodologies to track and anticipate future business performance. The answer?

Forecasting 52

Forecasting Financial Planning and Analysis (FP&A) Budgeting 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. Decision Making : Financial reporting dashboards enable data-driven decision making by providing stakeholders with timely and accurate information.

Financial Reporting 52

Financial Reporting CFO Cash Flow Forecasting Budgeting 52

CFO Plans

SEPTEMBER 24, 2024

Ready to elevate your small business’s financial strategy? Discover expert tax planning and accounting services designed to help you thrive. Navigating the financial landscape of a small business can be overwhelming. Get cost-effective financial solutions for your business.

Tax Planning 52

Tax Planning Accounting Planning Budgeting 52

Bramasol

APRIL 28, 2022

This episode focuses on how DSE business models present new challenges with regard to Financial Planning & Analysis (FP&A) processes, which require enhanced agility, scalability and end-to-end integration to handle DSE's inherently dynamic requirements. How is FP&A different from traditional accounting?

Financial Planning and Analysis (FP&A) 80

Financial Planning and Analysis (FP&A) SAP Planning Forecasting 80

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

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 Talks

MARCH 20, 2025

Tact: Managing Financial Realities Without Chaos Difficult financial conversations are inevitablewhether its tightening budgets, reporting a downturn, or defending investment decisions to the board. A CFO must be the voice of reason in financial discussions. The challenge is balancing honesty with reassurance.

Leadership 52

Leadership CFO Communication Numbers 52

Centage

NOVEMBER 22, 2021

Building and managing an effective budget and plan can be daunting no matter what industry, but financial planning for nonprofits can be particularly difficult. Benefits of Budgeting Software for Nonprofits Improved Efficiencies – Retire the spreadsheet already! The time for change is now. No programming.

Financial Planning and Analysis (FP&A) 72

Financial Planning and Analysis (FP&A) Nonprofit Planning Finance 72