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How to Create Accurate Budgets for Business Units 

CFO Talks

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.

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The Changing Role of CFOs in a Technology-Driven World

Bramasol

Driven by sweeping changes such as digital transformation, globalization of markets, the subscription-based Digital Solutions Economy™ (DSE), carbon-accounting mandates, a rising emphasis on artificial intelligence, and other disruptive trends, the role of Chief Financial Officer (CFO) is undergoing radical transformation too.

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From Chaos to Clarity Smarter Regulatory Reporting for CFOs 

CFO Talks

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.

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ExecOpinion: Finance transformation: Strategies in 2023

Future CFO

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. Gartner Gartner research finds that 85% of finance teams today are in the middle of a finance transformation initiative.

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Getting the decisions right: how can CFOs be future-ready

Future CFO

Chief financial officers need to get decisions right for their organisations to provide business confidence in investing in growth. Considering all these, Kuralay and Robinson give tips to ensure that CFOs are future-ready for the business. The CFO can play an even bigger part in the future success of the business.

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Navigating the EPM labyrinth: A guide for modern finance leaders

Future CFO

Chee Kien Loh These challenges create three major issues that every CFO is familiar with. First are fragmented data islands. One major benefit is that EPM can act as a central hub, consolidating financial and non-financial data from diverse sources into a single source of truth.

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The future of sustainability reporting in the finance function

Future CFO

According to Susanna Hasenoehrl , head of sustainability for Asia Pacific & Japan at enterprise application software company SAP , sustainability can no longer be considered separately to the finance function because it is increasingly clear that sustainability performance is fundamentally linked to business performance.

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