Future CFO

FEBRUARY 14, 2025

He concedes that AI has significantly transformed finance teams by automating processes, improving forecasting, and enhancing risk management, but he notes that its effectiveness depends on access to up-to-date data.

Cash Flow Forecasting 78

Cash Flow Forecasting Compliance Leverage Reconciliations 78

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 97

CFO Forecasting Data Analysis Budgeting 97

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 83

CFO Auditing Compliance IFRS 83

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

Accounts Payable 52

Accounts Payable Accounting Invoicing CFO 52

CFO Talks

NOVEMBER 7, 2024

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.

CFO 52

CFO Leadership Communication Finance 52

Beacon CFO Plus

NOVEMBER 30, 2023

How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. This ensures your company’s financial and accounting needs are met effectively.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

PYMNTS

OCTOBER 29, 2018

More than 670 professionals at mid-sized and large firms were asked about how they collaborate with human resources and IT departments, both areas of the enterprise that have significant impacts on financial management. Fifty-five percent of CFOs said their relationship with the CIO is one of “tension and disagreement.”

CFO 58

CFO Corporate Finance Risk Management Finance 58

The Charity CFO

JULY 19, 2024

Properly managing an organization’s taxes helps ensure the nonprofit maintains its exempt tax status. 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.

CFO 52

CFO Accounting Nonprofit General Ledger 52

CFO Talks

AUGUST 15, 2024

Futuristic Finance: Strategic Thinking for Tomorrow’s CFO In an era where rapid technological advancements and global economic shifts are the norm, Chief Financial Officers (CFOs) are not just financial stewards but strategic visionaries. Developing a Strategic Mindset Tomorrow’s CFO must think like a strategist.

CFO 52

CFO Finance Problem Solving Budgeting 52

Future CFO

FEBRUARY 4, 2024

NP: Training AI models to understand and interpret complex financial data accurately requires dedicated time and resources. Teams may also lack the skills required to develop a robust AI model, ranging from AI, data analytics to business acumen and risk management skills.

Finance 98

Finance CFO Risk Management Leadership 98

Michigan CFO

JUNE 7, 2023

In today’s ever-evolving business landscape, the role of the Chief Financial Officer (CFO) has become crucial for effective financial management and decision-making. However, not all businesses have the resources or the need for a full-time, in-house CFO. This is where virtual CFOs come into play.

CFO 52

CFO Problem Solving Budgeting Communication 52

CFO Plans

OCTOBER 4, 2024

Start Optimizing Your Financial Strategy Today with efficient bookkeeping services and strategic services that go beyond what your in-house team can offer. Outsourced CFO Services: The Financial Superpower Outsourced CFO services aren’t just a nice-to-have for tech companies—they’re a must.

Management Consulting 52

Management Consulting Risk Management CFO Startups 52

CFO Plans

SEPTEMBER 24, 2024

Cloud-based accounting solutions ensure that your financial data is accessible anytime, anywhere. Say goodbye to cumbersome paperwork and hello to real-time financial monitoring with state-of-the-art online accounting platforms. That’s why customizable CFO services are designed to fit your specific requirements.

Accounting 52

Accounting Tax Planning CFO Risk Management 52

Future CFO

OCTOBER 19, 2021

Gartner forecasts that global spending on security and risk management will exceed US$150 billion in 2021 adding cloud adoption and remote working to the mix of reasons for the spend. CFOs should neither ignore these fresh vulnerabilities nor go it alone,” says Alexander Bant , practice vice president, Gartner.

Securities 52

Securities CFO Risk Management Finance 52

Future CFO

JANUARY 25, 2024

These contradictory demands form paradoxes that are inherent in the CFO role.” Source: 2023 EY Global DNA of the CFO study The three challenges The 2023 EY Global DNA of the CFO study found three challenges for CFOs across Southeast Asia that arise from the evolving role. Respondents could select all areas that applied.

CFO 94

CFO Finance Leadership Investments 94

Future CFO

MARCH 3, 2025

The ability to analyse data, identify insights, and communicate those insights effectively is highly valued. Finance professionals need to be able to tell a story with the numbers, explaining the implications of financial data for the business.

Finance 69

Finance Communication Leadership Profit and Loss 69

CFO Leadership

OCTOBER 10, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. With a large and diverse enough data set (e.g. a model could be trained to become an expert in finance and accounting.

Accounting 95

Accounting Finance Auditing IFRS 95

CFO Plans

SEPTEMBER 24, 2024

Yet, many budding entrepreneurs face the challenge of budget constraints, making it difficult to hire a full-time CFO. Enter affordable virtual CFO services—a game-changer that offers scalable financial strategies tailored specifically for startups. Learn more about cloud-based accounting solutions today.

Startups 52

Startups CFO Financial Analysis Risk Management 52

CFO Plans

SEPTEMBER 24, 2024

Platforms like QuickBooks and Xero provide real-time insights into financial data, enabling more informed decision-making and efficient tax preparation. Utilize Real-Time Financial Reporting Real-time financial reporting is a game-changer for small businesses.

Tax Planning 52

Tax Planning Compliance CFO Risk Management 52

CFO Share

JULY 27, 2023

Read on to learn about the evolving AI landscape and explore the advantages, challenges, and future implications for CFOs, shedding light on how this powerful tool is revolutionizing the traditional responsibilities of finance leaders. Part-time CFO services can help your business take the best decisions based on the outputs given by AI.

CFO 40

CFO Data Analysis Analyzing Data Risk Management 40

Future CFO

JULY 21, 2024

The finance team can make this possible through the management of associated risks with AI, as it plays a greater role in the accounting and financial reporting of businesses. Now, beyond interpreting financial data, we’re now also embracing sustainability reporting and assurance – a rapidly growing field."

Finance 104

Finance Accounting Principles Problem Solving Accounting 104

CFO Plans

SEPTEMBER 24, 2024

Get Expert Financial Forecasting Services Now Understanding Small Business Financial Advisory Services Financial forecasting is an integral part of Small Business Financial Advisory services. Enhanced Risk Management: Forecasting enables businesses to identify potential risks and develop strategies to mitigate them.

Forecasting 52

Forecasting Planning Strategic Planning Leverage 52

CFO Plans

JUNE 14, 2024

Discover how our strategic accounting services can embolden your financial strategy and risk management. Cloud-Based Accounting Software for Future Financial Management Gone are the days of manual bookkeeping and cumbersome spreadsheets.

Accounting 52

Accounting Manufacturing CFO Tax Planning 52

Future CFO

AUGUST 1, 2023

The rise in digital transformation (DX) initiatives and the adoption of mobile technologies have also contributed to the demand for cloud-based financial applications in Asia/Pacific. Companies are increasingly seeking secure and compliant solutions to manage their financial data.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

CFO News Room

DECEMBER 16, 2022

As a financial executive, the chief financial officer (CFO) is responsible for the financial health of an organization. The CFO role is multi-faceted and includes everything from financial planning and analysis to business budgeting, financial decision-making, and risk management.

Finance 130

Finance Budgeting Financial Analyst Compliance 130

Future CFO

JULY 14, 2022

With an increasing focus on climate-related risk management and disclosures, including those under the Taskforce on Climate-Related Financial Disclosures (TCFD) framework, companies are recognising that climate change also has an impact on their businesses, operations and financials. “It

Risk Management 98

Risk Management Compliance Finance Strategic Planning 98

Future CFO

MARCH 1, 2023

Gartner says finance transformation encompasses strategic initiatives designed to revolutionise the way the corporate finance function manages its strategy, processes, internal controls, and financial reporting. The post ExecOpinion: Finance transformation: Strategies in 2023 appeared first on FutureCFO.

Finance 91

Finance Benchmarking Compliance SAP 91

Future CFO

DECEMBER 15, 2024

As a result, users can complete tasks like reconciling accounts, forecasting, while analysing financial data can be completed with unprecedented speed and accuracy. This allows CFOs and their teams to shift their focus from manual processes to higher-value activities like strategic planning and risk management.

Leadership 52

Leadership Strategic Planning Finance Risk Management 52

CFO Plans

AUGUST 30, 2024

Here are some cutting-edge tools that are transforming the industry: Cloud-Based Accounting Services Cloud-based accounting services offer real-time access to financial data from anywhere, at any time. Virtual CFO Services Virtual CFO services provide expert accounting advice without the need for a full-time, in-house CFO.

Accounting 52

Accounting CFO Compliance Leverage 52

Future CFO

JULY 29, 2020

FutureCFO: What is the CFO’s role in an organisation when it comes to cyber risk management? David Sajoto (DS): Cybersecurity is a top priority for every organisation and this issue is especially significant to a CFO. Firstly, a CFO is a stakeholder in a cybersecurity purchase.

CFO 52

CFO Securities Leadership Economics 52

Future CFO

DECEMBER 31, 2021

Our survey saw that CFOs in Singapore believe future finance leaders will need to possess a wide range of skills to keep the function thriving. Their responsibilities already entail ensuring that the financial report is accurate, complete and verifiable, according to GAAP accounting standards and disclosures.

Leadership 98

Leadership Finance GAAP Forecasting 98

CFO Leadership

OCTOBER 18, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. With a large and diverse enough data set (e.g. a model could be trained to become an expert in finance and accounting.

Accounting 52

Accounting Finance Auditing IFRS 52

Future CFO

FEBRUARY 18, 2021

At the launch of a recent report examining the effectiveness of financial fraud risk management, Julie Bell Lindsay - the Executive Director at the Center for Audit Quality — was quoted as saying that “the risk of financial statement fraud at public companies is real, and that risk has only increased during the pandemic.”.

Risk Management 52

Risk Management Auditing Accounting CFO 52

The Charity CFO

AUGUST 28, 2023

However, financially-minded folks are crucial for a variety of reasons. They can provide guidance on: Budgeting Investments Risk management Complex compliance and legal issue All are necessary for keeping the lights on and charting the organization’s path ahead. Do You Struggle to Make Sense of Your Financial Statements?

Nonprofit 52

Nonprofit Problem Solving Finance CFO 52

Future CFO

OCTOBER 9, 2024

Risk Management: AI-driven applications can comprehensively analyze expansive amounts of financial data, identify trends and patterns, craft narratives, and suggest recommendations, thereby streamlining the process for time efficiency and enabling informed decision-making, offering a strategic advantage in speed and insight.

Risk Management 52

Risk Management Compliance Communication Leverage 52

Future CFO

JULY 14, 2024

There are data security issues, privacy issues, and all those sorts of things that we worry about, but I feel we're reasonably confident with our finance and accounting data and employee data." Vitasoy group director for internal audit and risk management Terence Chow commented that it's more than just financial data.

SAP 52

SAP Auditing Finance CFO 52

The Finance Weekly

OCTOBER 13, 2021

While using M&A and divestitures to accomplish organizational growth can be extremely advantageous, it is also one of the most difficult tasks a CFO can face. Make a financial reporting strategy. When it comes to something as vital as risk management, though, best practices must be followed: 1. Secure a quick win.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Economics Risk Management Reconciliations 52