Spreadym

NOVEMBER 3, 2023

Financial planning typically includes the following key components: Setting Financial Goals: Identify and prioritize your short-term and long-term financial objectives, such as saving for retirement, buying a home, paying off debt, or funding your children's education. A higher turnover indicates efficient inventory management.

Planning 59

Planning Strategic Planning Budgeting Forecasting 59

CFO Plans

OCTOBER 21, 2024

Prioritizing High-Interest Debt High-interest debts can quickly deplete your resources, affecting your business financial forecasting. Regularly Reviewing Financial Plans The financial landscape is ever-changing, making regular reviews of your financial plans crucial.

CFO 52

CFO Profit and Loss Startups Prioritization 52

CFO Thought Leader

OCTOBER 16, 2024

McGuire finds the book especially helpful during busy times, such as year-end closings or strategic planning periods. He appreciates how the book offers practical techniques to organize tasks, prioritize effectively, and maintain focus.

CFO 52

CFO Leadership Prioritization Strategic Planning 52

CFO Talks

NOVEMBER 20, 2024

I then prioritize tasks and break down the challenge into manageable steps. I aim to build a team of skilled professionals who can offer deeper financial insights, strategic planning, and operational efficiencies that empower our clients to achieve sustainable growth.

CFO 52

CFO Prioritization Leadership Communication 52

The Charity CFO

JUNE 27, 2024

This process should include: Clarifying the vision, mission, and values of the organization Developing a strategic plan for the organization Establishing clear goals and objectives, such as defining nonprofit KPIs Defining and clarifying the goals and mission of your organization sets you up as a successful leader.

Nonprofit 52

Nonprofit Leadership Strategic Planning Communication 52

CFO Simplified

MARCH 27, 2022

This, however, does not necessarily mean that strategic planning is off the table. A proactive way for business owners to mitigate their risk is through contingency planning. When it comes to contingency planning, a company starts by identifying potential risk factors and delays (i.e. Prioritize the People.

CFO 98

CFO Planning Risk Management Prioritization 98

Spreadym

JUNE 27, 2023

FP&A is a process used by organizations to develop and manage their financial plans and make informed decisions based on financial analysis. It involves forecasting, budgeting, analyzing, and reporting financial information to support strategic planning and operational decision-making.

Financial Planning and Analysis (FP&A) 52

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

The Charity CFO

JUNE 7, 2023

This information is crucial for financial planning, budgeting, and identifying potential areas of revenue growth. This analysis supports financial analysis, budgeting, and investment decision-making. cash, investments, receivables) and liabilities (e.g., accounts payable, loans).

Nonprofit 52

Nonprofit Accounts Payable Budgeting Financial Analysis 52

The Finance Weekly

MAY 5, 2024

When it comes to sales planning, it's all about creating a flexible strategy that your sales team can rely on to hit those sales goals within a set time frame. This plan covers everything from activities and target markets to budget, resources, and market positioning. What is Revenue Planning?

Planning 72

Planning Sales Forecasting Strategic Planning 72

CFO Talks

NOVEMBER 21, 2024

First and foremost is financial acumen—understanding financial reporting, budgeting, forecasting, and compliance is foundational. However, transitioning to a CFO role requires a broader skill set beyond technical expertise. Strategic thinking is crucial. What advice would you give to someone aspiring to be a CFO?

CFO 98

CFO Leadership Communication Problem Solving 98

CFO Talks

MARCH 14, 2024

They play a crucial role in strategic planning, risk management, and driving innovation, extending their influence far beyond the finance department. Prioritizing Tasks and Responsibilities In the face of the CFO role’s expansion, effective task prioritization becomes paramount.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

Spreadym

JUNE 15, 2023

Driver-based planning is a strategic planning approach that focuses on identifying and prioritizing key drivers or factors that have a significant impact on the performance and success of a business. It involves analyzing and understanding these drivers to develop effective plans and make informed decisions.

Planning 52

Planning Prioritization Concentration Compliance 52

CFO Talks

NOVEMBER 11, 2024

Once I have a clear picture, I prioritize the challenges based on their impact and urgency. Next, I develop a plan that outlines potential solutions. This includes proficiency in budgeting, forecasting, and financial modelling to make informed strategic decisions. Seek out diverse experiences within your organization.

CFO 52

CFO Leadership Problem Solving Communication 52

VCFO

JUNE 29, 2023

A fractional CFO comes with extensive finance leadership experience that enables them step in and prioritize triage to close gaps and bring stability when a full-time CFO isn’t in place. Supporting strategic planning, budget development, cash flow projections, analysis, and related activities.

Nonprofit 67

Nonprofit Finance CFO Compliance 67

The Finance Weekly

AUGUST 27, 2023

This article will compare Planful and Datarails, two of the best FP&A tools that also have AI capabilities tailored for finance teams. For quite some time, , Datarails has been at the forefront of revolutionizing the automation of manual tasks and enabling finance experts to concentrate on their strategic contributions.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

JUNE 5, 2024

FP&A, or Financial Planning & Analysis, is where finance and corporate management meet, helping make all the important present and future decisions in the company. This makes it easier to find new growth areas and prioritize market strategies. This post dives into the reviews of Anaplan, a popular FP&A software.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Forecasting Auditing Microsoft Office 52

Centage

JULY 12, 2022

Kate Drenckhahn is Centage’s Senior Product Manager focused on the strategic planning and execution of new and existing Planning Maestro functionality. This facilitates prioritizing customer requests along with product advancements which in my past experience, has always been a bit of a chess match.

Compliance 52

Compliance Budgeting Data Analysis Prioritization 52

Planful

JULY 9, 2020

So, what did respondents cite as the highest-priority planning capabilities and what changed since last year? Unsurprisingly, budgeting and planning capabilities continue to remain a foundational aspect of any FP&A solution, and the annual financial budget once again clinched the top spot.

Financial Planning and Analysis (FP&A) 40

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

Spreadym

JUNE 19, 2023

Categorize and prioritize your expenses to identify essential versus discretionary spending. The list of tools that the platform supports is quite broad and it covers operational and strategic planning, budgeting, forecasting, scenario modelling.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Accounts Payable 52

The Charity CFO

JANUARY 12, 2022

Are you a nonprofit leader struggling with how prioritize revenue to avoid the trap of money becoming the mission? Bill is the founder of FiveTwo Network and focuses on helping entrepreneurs grow their mission and build better programs by prioritizing revenue generation. It’s usually not, oh, well, it’s not in my budget.

Nonprofit 52

Nonprofit Prioritization Communication Accounting 52

Barry Ritholtz

FEBRUARY 21, 2023

And we had prioritized all our strategic plans, we had to figure out how to get them done while people were remote. You’d hope for information ratio, but you have a bigger risk budget or standard deviation. And so as we look at it, we look towards strategies, well, maybe it’s the same, a little bit higher.

Leadership 110

Leadership Investments Profit and Loss Technology 110

CFO Talks

OCTOBER 1, 2024

Strategic Planning and Innovation: CFOs are key players in a company’s strategic planning , and part of their role is to look for areas where investments can boost innovation and long-term growth. We work hard to measure tangible improvements in efficiency, cost reductions, or new value creation.

Leverage 52

Leverage Investments Economics Accounting 52