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Generative AI is a game changer

Future CFO

Yes, in the sense that there are a lot of analyses that can now be handled by Gen AI and No, because it transforms accountants from number crunchers to strategic advisors. It goes beyond business analytics, which guides future actions from past performance. Is it there to replace the seasoned financial professional? Yes and No.

Auditing 111
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The Talent Tussle: Labor Shortage Hits CPAs and CFOs Alike

Global Finance

Bokhari’s observations, they agreed, highlight a serious issue in the corporate finance world: making numbers cool again. Over 50% of the respondents confessed that they are not just crunching numbers but also doing succession planning and ramping up their mentoring efforts. Many of the participants on the CFO Alliance webinar nodded.

CFO 105
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Is Your Business Ready for a Part-Time CFO?

CFO Simplified

A part-time CFO can give advice on things such as: The structure of your business financially. Business analytics. Below we’ve outlined two cases in which business owners learned they were, in fact, NOT ready to hire a part-time CFO. Strategic planning. The Microgreens Case Study.

CFO 97
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3 Levels of Stress Testing Your 2023 Financial Plan

Centage

What-if planning can be defensive — how will we make our numbers in light of the reduced demand for goods? Adopt a tool that will process all inputs according to your business structure and automatically update all of your financial outputs – P&L, cash flow, balance sheet – based on your testing. Test Frequently.

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Today In Data: Lost Revenue, ICO Lapses And Interchange Rates

PYMNTS

Here are the numbers: $200 billion | Value of potential revenue on which online merchants missed out because of frustrating, slow, complicated checkout procedures. . information and analytics firm RELX has agreed to purchase digital identity company ThreatMetrix in its quest for scale, robust digital identities and real-time actionable data.

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Modern Financial Reporting & Analytics: The Path to Business Success During Times of Volatility

Centage

To keep up with the pace of business today and the challenges of constant change, finance teams need the ability to dynamically generate a variety of visual reports during the close cycle and beyond. Which is where powerful business analytics dashboards come in. Enter Modern Financial Reporting. Performance Dashboards.

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Busting 6 Top Performance Management and EPM Software Myths

Planful

Truth: Enterprise performance management (EPM) projects differ from other IT projects in a number of ways, and it’s essential to be aware of this in advance. EPM solutions leverage data from ERP, CRM and other data sources, and are not as disruptive to your business. Myth: EPM software will require a huge learning curve.