CFO Talks

AUGUST 21, 2024

Strategic Measure: CFOs should focus on strong cash flow forecasting and planning for different scenarios. By creating different financial plans for various economic situations, CFOs can better prepare for and respond to potential problems.

Corporate Finance 52

Corporate Finance Finance Cash Flow Forecasting IFRS 52

CFO Simplified

NOVEMBER 14, 2022

Develop a cash flow forecast — I hope that you’re not running your company by checkbook. But it’s important to have a plan to check some important things regularly. Let’s take a look at seven things that you should be doing regularly that will keep you from getting a bad surprise. That’s normal.

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting Sales Concentration 52

Centage

JUNE 21, 2022

Rolling budgets come with a number of advantages, including the ability to better predict outcomes and plan for where your company is headed. Plan Ahead with a Rolling Forecast Like rolling budgets, rolling forecasts provide companies with future numbers for use in planning and management.

Forecasting 52

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

Planful

AUGUST 7, 2020

Planful is full of FP&A professionals, from our product and sales teams to our services and implementation teams, and, of course, our finance team. Planful was built this way so we’re always talking to our customers in the language of finance. It was typically performed on a quarterly cadence from a financial reporting standpoint.

Financial Planning and Analysis (FP&A) 40

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

CFO Simplified

JUNE 1, 2023

Most business owners get financial reports monthly: Profit and Loss, Balance Sheet, Statement of Cash Flows. The problem is, those monthly reports show your financial performance in the past — what has already occurred in your business. For example, do you have a cash flow forecast?

Cash Flow Forecasting 52

Cash Flow Forecasting Profit and Loss Strategic Planning CFO 52

Spreadym

JUNE 19, 2023

Here is a general process for effective cash flow management: Establish a Cash Flow Forecast: Begin by creating a cash flow forecast, which estimates the expected cash inflows and outflows over a specific period (e.g., monthly, quarterly, or annually).

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Accounts Payable 52

CFO Simplified

FEBRUARY 17, 2022

But sometimes the plans are erratic, spur of the moment, or not fully formed. How do you make sure that the right plan is in place, and there’s enough money to do it? Conduct a cash flow analysis to verify how much money was spent and where it went. Financial Reporting. Bringing Value Through CFO Insights.

Profit and Loss 52

Profit and Loss Cash Flow Forecasting CFO Financial Reporting 52

CFO Talks

OCTOBER 23, 2024

Here’s an article to help you choose the right forecasting tool for your business. Understand Your Needs Before diving into the world of forecasting tools, start by defining your business’s needs. Are you primarily focused on cash flow forecasting, sales projections, or workforce planning?

Forecasting 52

Forecasting Cash Flow Forecasting CFO Financial Data 52

CFO Simplified

MARCH 20, 2022

A chief financial officer (CFO) holds the highest financial position in a business. A CFO, according to NetSuite , is responsible for: Tracking cash flow and financial planning. Analyzing the company’s financial strengths and weaknesses. Overcome financial challenges. Optimize strategy.

CFO 97

CFO Cash Flow Forecasting Strategic Planning Auditing 97

Centage

SEPTEMBER 6, 2022

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. So, why are so many companies relying on them to handle their financial needs? Scenario planning. Security Disadvantages of Using Excel for Businesses.

Securities 52

Securities Cash Flow Forecasting Budgeting Forecasting 52

Adam Kae

JULY 17, 2023

At Adam Kae & Associates, we not only create financial strategies and financial systems for digital marketing agencies, but we are instrumental in helping successfully implement them. Mastering Budgeting and Forecasting Optimizing financial planning is crucial.

CFO 52

CFO Marketing Cash Flow Forecasting Forecasting 52

Boston Startup CFO

FEBRUARY 1, 2023

Preparing for fundraising If you are planning to raise funds for your startup, there are many pitfalls and unknowns. A fractional CFO can provide significant value to the process by: Developing a financial plan : A financial plan is a key component of any fundraising effort.

CFO 40

CFO Startups Cash Flow Forecasting Budgeting 40

The Charity CFO

APRIL 28, 2023

This system should then be able to support your organization in maintaining accurate records of each fund, tracking revenue and expenses, and preparing financial reports that show how each fund is performing. Accounting firms that specialize in nonprofits can help your organization with financial management and reporting.

Nonprofit 52

Nonprofit Accounting Firms Accounting Auditing 52

PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. He pointed to financial reporting as one example of this shift.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

Centage

DECEMBER 1, 2021

According to Gartner , 71% of financial leaders are conducting cash flow forecasts more frequently than once a week — and they are being asked to share these financial scenarios with their superiors just as often. Review all of your cash outflows/payments. Produce scenario plans. Manage every dollar.

Forecasting 98

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

CFO Simplified

FEBRUARY 17, 2022

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. Bring Value through CFO Insights: Like any forecasting tool, proper budgeting allows management to make decisions that can help the company avoid future problems. Sales – $25,500,000.

Budgeting 52

Budgeting Cash Flow Forecasting Profit and Loss CFO 52

The Charity CFO

JUNE 10, 2022

PRO TIP: To get even more capacity from your finance committee, include them in your strategic plan! Every nonprofit should periodically develop a strategic plan. As part of the strategic plan, your organization should set goals for financial oversight and the overall accounting function. Budget to Actual report.

Nonprofit 52

Nonprofit Finance Strategic Planning Cash Flow Forecasting 52

CFO Simplified

FEBRUARY 17, 2022

Since the owners weren’t drawing large salaries, and sales were increasing, questions arose as to the actual use of cash and the company’s profitability. Develop a cash-flow forecast so that the company could understand cash availability and plan on payments to their vendors and the primary lender.

Accounting 52

Accounting Retail Profit and Loss Cash Flow Forecasting 52

The Finance Weekly

JULY 19, 2022

FP&A stands for "financial planning and analysis," and is the backbone of the modern finance department. It’s the budgeting, financial forecasting, financial analysis, and decision-making that support an organization's health and strategy. Strategic financial planning. What is FP&A?

Financial Planning and Analysis (FP&A) 96

Financial Planning and Analysis (FP&A) Budgeting Forecasting Finance 96

CFO Simplified

APRIL 8, 2022

He didn’t understand where the cash was going. Develop a cash flow forecast, identifying cash to be received and cash expenditures each week. Match the forecast to actuals on a weekly basis. Pay the owner a pre-determined amount of cash as a regular draw, whenever the employees get paid.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Reconciliations Forecasting 52

Future CFO

JULY 13, 2020

Malaysian group Ahmad Zaki Resources Berhad (AZRB), on the other hand, has been trying to ensure that its construction business has some breathing space in its cash flow as the government recently lifted the lockdown that kept the industry into a standstill for more than two months.

Planning 52

Planning Finance Manufacturing Advertising 52

CFO Simplified

OCTOBER 10, 2023

Financial Needs – Understand your financial needs. If you have a cash flow forecast, make sure that all your cash needs are shown on it, and that you have projected out your needs for more than the typical 13-week forecast. How often are they going to want financial reports?

Banking 52

Banking Cash Flow Forecasting Forecasting Treasury 52

Creative CFP

NOVEMBER 2, 2020

The cash flow statement is the final piece of the puzzle when it comes to the monthly management reports that we prepare here at Creative CFO. This is without a doubt one of the most important and often overlooked financial reports within the monthly report pack. Plan for the unexpected.

Profit and Loss 52

Profit and Loss Cash Flow Forecasting Invoicing Forecasting 52

CFO Share

MARCH 23, 2021

Unlike a budget or calendar year forecast, a rolling 12-month forecast adds one month to the forecast period each time a month is closed so that you are continuously forecasting for 12 months. This enables continuous planning of future performance based on actual performance. Advantages of a rolling forecast.

Forecasting 52

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