FASB studies AI use in financial data analysis
CFO Dive
MARCH 3, 2023
The surge in use of conversational artificial intelligence has prompted scrutiny of the technology’s role in financial decisions.
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CFO Dive
MARCH 3, 2023
The surge in use of conversational artificial intelligence has prompted scrutiny of the technology’s role in financial decisions.
CFO Dive
DECEMBER 12, 2023
AI can analyze vast amounts of financial data to predict trends, model budget scenarios, and deliver insights, writes Falconi’s Bernardo Miranda.
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CFO Dive
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Nearly half of execs expect cyber attacks on financial data to increase in 2023, but the majority of finance leaders don't have consistent communication with their CIO to mitigate this risk.
Book of Secrets on the Month-End Close
How To Break Digital Transformation Barriers And Accelerate AI Adoption
Forecasting Failures Are Costly: Heres How To Fix Them
Operational Strength Starts with People: The New Rules of Finance Leadership
What Your Financial Statements Are Telling You—And How to Listen!
CFO Plans
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In the ever-evolving landscape of financial services, the role of a Chief Financial Officer (CFO) is more pivotal than ever, particularly in industries like hospitality. Here, financial nuances can make or break expansion efforts. As businesses aim for growth, astute financial management becomes essential.
Speaker: David Worrell, CFO, Author & Speaker
Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements. This isn’t a dry accounting lesson—it’s a dynamic session designed to help you decode your numbers and turn financial data into a strategic advantage! Register now!
Simply Treasury
AUGUST 26, 2021
The situation is so complex sometimes and the treasury so important in the complete review of the whole finance, that the problem must be decided by the CFO himself. Some MNCs have decided to do this, taking the risk, but with the certainty that they will eventually be able to manage the integrated data in a single system.
CFO Plans
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In today’s fast-paced digital landscape, the role of a Chief Financial Officer (CFO) in the financial services industry has evolved significantly. No longer confined to traditional financial management, CFOs now play a pivotal role in safeguarding their organizations against increasingly sophisticated cyber threats.
CFO Talks
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Members’ Profile: Rofhiwa Irene Singo In this edition of our CFO Spotlight series, we are featuring Rofhiwa Irene Singo, an accomplished finance leader whose journey is a testament to resilience, adaptability, and impactful leadership. What key skills should a newly qualified accountant develop on their path to becoming a CFO?
CFO Thought Leader
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For Matt Collis, CFO of PairSoft, storytelling is more than a skillits a strategic tool for aligning teams and scaling businesses. Whether leading acquisitions or guiding cross-functional teams, Collis uses financial narratives to clarify priorities and inspire action. These growth strategies make this an exciting time for PairSoft.
CFO Thought Leader
MARCH 3, 2025
Guillenwho led the automakers push for production scale and supply chain agilitybelieved a different path could better serve the company, but needed someone with operational and financial data at her fingertips. Today, as CFO of Mytra AI, Gantus tells us she carries forward the mindset that met success at Tesla.
CFO Talks
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In a role filled with financial data, strategic meetings, and high-stakes decisions, active listening can drive better outcomes and turn tough conversations into collaborative wins. Examples from the CFO World Dealing with Teams CFOs frequently negotiate with internal teams over budgets, resources, and targets.
CFO News Room
DECEMBER 2, 2022
Frances, who was promoted to CFO in August 2021, particularly enjoys this aspect of her role which she says is much more commercial and strategic than her previous one. “I I really enjoy presenting financial data in a way that’s easy for someone without a financial background to understand and explaining things in laymen’s terms.” . “I’m
CFO Simplified
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What Role Does Your CFO Play in Contingency Planning? A business’ finance and accounting departments look up to the CFO for guidance—especially now, in light of the unexpected nature of the past two years’ fluctuations. This considered, the role of CFOs in contingency planning and crisis management is indispensable.
CFO Share
JULY 16, 2024
When building your back office, you may consider whether you need a financial controller or a CFO. The skills and responsibilities of these roles overlap, and to make matters more confusing, an underqualified CFO (yes, there are plenty out there) will perform similar to or worse than an excellent controller.
CFO Dive
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AI analytics technology is turbocharging anti-fraud measures through its ability to process oceans of financial data.
CFO Leadership
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Businesses can use it to generate product descriptions, performance goals with employee-specific target metrics, and narrative reporting to accompany financial data. Making this a reality starts with accurate, real-time, and expansive financial data.
CFO Plans
FEBRUARY 23, 2025
Discover how to transform your financial reports into investment magnets by aligning them with investor expectations. Clear, precise, and comprehensive financial reports that meet investor expectations are indispensable. Emphasizing robust financial performance and growth prospects is key.
CFO Talks
APRIL 17, 2025
If You Dont Use the Data, Someone Else Will! For todays CFO, information is not a by-product of operations, it is the engine of sustainable growth. As the role of the finance leader evolves beyond compliance and control, strategic decision-making increasingly relies on the intelligent use of data. But not just any data.
CFO Thought Leader
FEBRUARY 24, 2025
As OneStreams CFO, he was juggling the details of going public when a small AI startup called DataSense caught his attention. By championing technology that marries predictive power with secure financial data, Koefoed tells us he is helping steer OneStream toward a future where finance and AI intertwine.
The Finance Weekly
NOVEMBER 6, 2022
CFOs are well experienced finance professionals who know how to lead their team and the finance company through many different scenarios. Supposing a CFO has a couple years of experience, they have been through many ups and downs, uncertainties, and market changes that would have left them prepared for future challenges.
Centage
JUNE 7, 2022
Once upon a time the role of CFO was focused on backward-looking data. However, these days, chief financial officers do a great deal more than financial reporting. Marry Finance With Strategy It’s not enough to provide accurate financial data.
CFO Dive
MARCH 7, 2023
The majority of leaders at financial institutions say interest rates will drive business model guidance this year but few are leveraging financial data to support these changes.
CFO Talks
MARCH 13, 2025
Now, picture the opposite: instant access to real-time financial insights, automated compliance checks, and AI-driven forecasts guiding your next move. This is the power of Financial Information Systems (FIS). Often, finance teams work separately from sales, operations, and HR, leading to inconsistent financial data.
CFO Talks
AUGUST 28, 2024
Navigating South Africa’s Reporting Maze: What Every CFO Needs to Know Navigating the complex landscape of regulatory reporting in South Africa can be daunting, especially for CFOs who bear the responsibility of ensuring compliance while also driving strategic financial decisions.
CFO Talks
NOVEMBER 27, 2024
Whether it’s market disruptions, new regulations, global events, or unexpected crises, Chief Financial Officers (CFOs) are often the ones steering the ship through stormy seas. Making the right decisions during uncertain times can be tough, but it’s also one of the most important skills a CFO can have.
Onplan
DECEMBER 16, 2021
A great CFO doesn’t just understand finance, operational drivers, and shifting market conditions. A great CFO has to persuade the rest of the management team to follow their advice. That’s why storytelling is such an essential skill needed to be a CFO. That’s why storytelling is such an essential skill needed to be a CFO.
Future CFO
DECEMBER 4, 2024
Wong says the ability to connect financial insights to the broader business landscape is crucial. “A A great finance leader sees the bigger picture, understanding how financial data aligns with organisational goals and drives growth. “I believe impactful leaders empower others to grow, creating strong, capable teams.”
CFO Share
JUNE 18, 2024
Implement Sign-Offs and Quality Assurance from Other Departments Asking your bookkeeper to validate all financial data is unrealistic and sets them up for failure. Instead, create a system where department heads are responsible for confirming the accuracy of some data. This is where a fractional CFO can be invaluable.
Future CFO
FEBRUARY 15, 2021
At a recent roundtable, one CFO commented she can’t recall a period in recent years where her team had done so many “what if” analysis than in 2020. Another CFO pointed out that COVID-19 has elevated stress testing to a whole new level. Only 28% were completely confident in the accuracy of their company’s financial data.
The Charity CFO
JANUARY 22, 2025
Many nonprofit leaders think accounting belongs solely to their CFO or accountant. But what if the key to financial clarity and stability lies in sharing the load? In this article, well explore why financial management is a shared responsibility and how nonprofits can use this strategy to drive their missions forward.
CFO Talks
JANUARY 8, 2025
If someone struggles with presenting financial data, offer tips, resources, or even a mentor to help them improve. As CFO, you can drive this by introducing tools that streamline processes and improve decision-making. Tools for automation, predictive analytics, and financial dashboards are becoming essential.
The Finance Weekly
JANUARY 5, 2025
With over 200 integrations (think ERP and CRM systems), its built to streamline financial data management, budgeting, forecasting, and more. Real-time data consolidation and anomaly detection. Tailored for CFO needs with predictive insights. Tailored for CFO needs with predictive insights.
Jedox Finance
SEPTEMBER 10, 2020
This allows CFOs to stay laser-focused on triggers and initiatives that account for most of their business value. For dynamic forecasting to work effectively, CFOs need a scenario and modeling platform that supports real-time data updates. It combines financial data, customer, and sales data with operational data at scale.
Future CFO
DECEMBER 29, 2024
Giselle Arellano-Geronimo For instance, integrating cloud-based systems allows for greater flexibility and accessibility of financial data, enabling finance teams to collaborate more effectively. This involves investing in technology that automates routine tasks and provides valuable insights that can drive competitive advantage.
CFO Talks
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Members’ Profile: Yvonne Dias In this edition of CFO Club Africa’s Members Spotlight, we are introducing Yvonne Dias, the Group CFO at MINT Management Technologies. Serving as the CFO has been a role that I’ve truly enjoyed. What advice would you give to someone aspiring to be a CFO? Focus on: 1.
Future CFO
FEBRUARY 2, 2025
Charlie Cheah , managing director, Esker Asia , believes that CFOs and in a bigger context, the Office of the CFO in Asia, face several challenges when integrating AI into financial systems, given the region's diverse technological landscape. "In Regulatory Variations: APACs regulatory environment for AI is still evolving.
CFO Talks
MARCH 5, 2025
To make sure everything aligns: Set up strong internal processes Have a clear system in place for collecting and verifying financial data. Some useful tools include: ERP (Enterprise Resource Planning) systems These systems (such as SAP, Oracle, or Sage) help track financial transactions and automate reporting.
CFO Talks
FEBRUARY 5, 2025
This isnt always easy, but looking at past financial data and market trends can help create more accurate estimates. Steps to Creating a Budget That Works Creating an accurate budget starts with looking at past financial records. The post How to Create Accurate Budgets for Business Units appeared first on CFO Club Africa.
CFO Plans
AUGUST 23, 2024
For many companies, particularly small to mid-sized enterprises, hiring a full-time Chief Financial Officer (CFO) isn’t always feasible due to budget constraints. However, this doesn’t mean they have to compromise on financial strategy and oversight. Discover how a Fractional CFO can transform your business today.
The Charity CFO
MARCH 13, 2025
Nonprofits that prioritize financial transparency can: Build stronger trust with donors and grant providers Make informed, strategic decisions to drive impact Strengthen their fundraising efforts with credible financial data At The Charity CFO, we specialize in helping nonprofits navigate audits, donor scrutiny, and financial management challenges.
https://trustedcfosolutions.com/feed/
MARCH 22, 2023
You can track invoices, payments, and expenses in real time and securely access your financial data from anywhere. Sage Intacct provides centralized access to all your financial data, from bills and payment status to approvals and audit trails, so you can be sure your financial statements are accurate.
CFO Talks
FEBRUARY 20, 2025
The real value lies not in reporting the past but in questioning, interpreting, and challenging financial data to drive better decisions for the future. Financial reports are produced the same way they have always been. The post Numbers Never Lie but They Rarely Tell the Whole Story appeared first on CFO Club Africa.
The Charity CFO
FEBRUARY 20, 2025
Keeping that in mind, let’s go over what we’ve learned at The Charity CFO While supporting hundreds of nonprofits with their budgets. Use Historical Data : Analyze past financial data to identify trends and anticipate future needs. At The Charity CFO , were here to help you master nonprofit budgeting.
The Charity CFO
JULY 19, 2024
What is a Chief Financial Officer (CFO)? A Chief Financial Officer (CFO) is a senior executive in charge of the strategic direction and goal setting of a nonprofit’s accounting and financial management. As an executive-level role, the CFO is in charge of guiding the overall financial strategy of the organization.
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