CFO Talks

SEPTEMBER 28, 2024

To translate financial performance into actionable results, start by understanding the key drivers behind your financial data. Create a narrative for your financial results each quarter. Turn Data into Decisions Data is your secret weapon. Imagine you’re running a pizza parlor.

Communication 98

Communication CFO Numbers Leverage 98

Fpanda Club

SEPTEMBER 2, 2021

The growing variety and complexity of tasks within the finance function has resulted in the creation of a discipline that is supposed to become a bridge between the finance and business to support decision-making process by leveraging data and technology. This relates to FP&A which stands for financial planning and analysis.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Forecasting 130

CFO Talks

NOVEMBER 7, 2024

Her journey is marked by a commitment to strategic analysis, effective communication, and fostering collaboration, earning her recognition as a Women in Tech 2023 Winner at Sentech Africa Tech Week. This involves honest, transparent communication with all parties involved. Finally, collaboration is key to creating win-win situations.

CFO 52

CFO Leadership Communication Finance 52

CFO Share

JULY 16, 2024

They are highly collaborative and often work with other departments to align financial strategies with overall business goals. CFOs must also be excellent communicators. For small businesses employing a fractional CFO , understanding the core responsibilities of a CFO can help leverage their expertise effectively.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) CFO General Ledger Compliance 98

Global Finance

FEBRUARY 12, 2025

Real-time data access Millennials and gen Z clients have high expectations for immediacy in financial information. Real-time access to financial data, performance metrics, and market insights not only improves transparency but also empowers clients to make informed decisions.

Compliance 52

Compliance Communication Technology Investments 52

Navigator SAP

FEBRUARY 17, 2022

Adding ERP in finance departments is very popular for good reason, as the system consolidates financial data automatically and generates reports quickly and simply, regardless of file type and without any need to crosscheck and rekey data.

SAP 130

SAP Invoicing Manufacturing Compliance 130

Future CFO

AUGUST 21, 2023

As a profession we have made significant progress over the years leveraging technology to streamline how we manage historical data and more recently, leveraging analytics on predicting outcomes.

Finance 98

Finance Compliance Data Analysis Leverage 98

PYMNTS

JUNE 29, 2020

Open banking is one of the most significant emerging trends in the financial industry, allowing banks and FinTechs to share financial data in a quick, easy and secure manner across a network of platforms. One 2018 study found that 81 percent of open banking-related breaches were the result of stolen or weak passwords.

Securities 96

Securities Banking Leverage Communication 96

Future CFO

MAY 15, 2024

They are standardising KPIs to better compare ESG performance across different organisations, leveraging technology for complex operations and supply chain visibility, and actively engaging with regulators and governments to optimise reporting practices,” she continues.

Finance 98

Finance Auditing Compliance Leverage 98

https://trustedcfosolutions.com/feed/

MARCH 30, 2023

Less Stress Leads to More Success: Why a Faster Monthly Close Is Key Faster and more accurate closing cycles ensure your advisors, CFOs, and controllers have up-to-date financial data to base important decisions. Regularly reconcile accounts: Instead of waiting until the end of the month, reconcile your accounts regularly.

Leverage 62

Leverage Financial Data Accounting Financial Systems 62

The Finance Weekly

SEPTEMBER 22, 2024

Leveraging Automation Automation is a viable solution for organizations struggling with staffing shortages. However, leveraging this concept during the 2025 budgeting season can provide a fresh perspective on financial planning. Visualize Data Effectively Numbers alone can be overwhelming.

Budgeting 69

Budgeting Forecasting Compliance Economics 69

Bramasol

JULY 26, 2024

As shown below, everything that is needed can be combined within a unified architecture that leverages the inherent scalability of S/4HANA Public Cloud and SAP Business Technology Platform (BTP). Manual Processes: Reliance on manual data entry and spreadsheet-based reconciliations can be time-consuming and error-prone.

SAP 79

SAP IFRS GAAP Compliance 79

Future CFO

AUGUST 7, 2024

This, according to Ho, can be any combination of investor relations, corporate communications, technology, procurement, legal and corporate service and, strategy and development. However, Ho concedes that CFOs will find it challenging to scale the data analytics function without an understanding of data structures and data warehouse.

Data Analysis 98

Data Analysis CFO Budgeting Performance Measuring 98

The Charity CFO

MARCH 22, 2024

A better way to make decisions is using data. Leveraging data for strategic decision-making has many benefits–from improving your efficiency to increasing the success rate of campaigns or strategies. Types of Data for Nonprofits The types of data a nonprofit might use for decision-making can vary between organizations.

Nonprofit 52

Nonprofit Leadership Benchmarking Leverage 52

Future CFO

SEPTEMBER 21, 2023

Cloud solutions provide real-time collaboration, version tracking, and communication. Data Analytics and Visualisation : Analyse spreadsheet data with data analytics and visualisation tools. Improved Collaboration Tools : Encourage team members to collaborate on spreadsheets simultaneously.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Planning Technology 98

Future CFO

MARCH 1, 2023

Part of a finance transformation initiative could entail adopting enterprise applications to automate or digitalise manual expense processes, at the same time leveraging data and analytics to help gain greater control and deeper insights into spend and operations. Let’s use the implementation of a new T&E policy as an example.

Finance 91

Finance Benchmarking Compliance SAP 91

Centage

SEPTEMBER 13, 2022

Elements of Financial Forecasts A forecast includes both budgeted items and actual results to show where your business is headed. When leveraged correctly, a forecast is useful for implementing innovative decisions and changing strategies. If you want to apply for capital like a bank loan, you will need forecasts.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Forecasting Profit and Loss 98

The Finance Weekly

DECEMBER 22, 2022

A Tradeshift/CFO Dive survey of 300 finance professionals found that 37% said they "lacked the internal expertise to properly analyze their financial data." In 2023, this may continue to be a challenge for organizations. Born has a different perspective on the technical skills that will be in demand for finance professionals in 2023.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Prioritization 98

Future CFO

NOVEMBER 15, 2023

Ervina Waty : Here are some key changes that CFOs might need to put in place: Enhanced Data Governance and Quality Control CFOs should implement stronger data governance practices to ensure the accuracy, consistency, and integrity of financial data.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Compliance 52

Global Finance

JUNE 6, 2024

Each invoice is automatically processed based on electronic data interchange communication. Input data is decomposed into structured code, and the system then transforms it into invoices written to the verify invoices interface and then sent for approval.

Technology 59

Technology Invoicing Finance Compliance 59

Spreadym

NOVEMBER 16, 2023

Data Integration: The software should be capable of integrating data from various sources, such as ERP systems, spreadsheets, and other databases. This ensures that financial data is accurate, up-to-date, and consolidated. This can improve communication and coordination during the financial planning process.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Planning Budgeting Financial Modeling 59

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

E78 Partners

DECEMBER 12, 2024

Automation Solutions: Streamlining Back-Office Operations The operational complexity of private equity, from regulatory compliance to financial data management, can burden resources and divert attention from strategic priorities.

Technology 52

Technology Compliance Leverage Valuation 52

E78 Partners

DECEMBER 12, 2024

Automation Solutions: Streamlining Back-Office Operations The operational complexity of private equity, from regulatory compliance to financial data management, can burden resources and divert attention from strategic priorities.

Technology 52

Technology Compliance Leverage Valuation 52

CFO News Room

DECEMBER 26, 2022

Creating Visual Deliverables That Clearly Communicate Financial Planning Concepts – While technical expertise is necessary to formulate a financial plan, being able to clearly communicate the findings to a client can make all the difference between whether or not the client will understand and agree to implement the advisor’s recommendations.

Planning 130

Planning Benchmarking Profit and Loss Communication 130

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.

CFO 58

CFO Corporate Finance Risk Management Finance 58

CFO Share

DECEMBER 13, 2023

We understand the importance of precise financial data. Leverage technology. Communicate effectively. Accurate bookkeeping isn’t just a necessity—it’s the backbone of strategic decision-making. Relying on luck is not an option. Install checks-and-balances.

Auditing 52

Auditing Communication Leverage Accounting 52

CFO Plans

AUGUST 9, 2024

Discover how CFO Plans can transform your financial management and set your business on the path to success. Outsourced CFO Services Revolutionize Financial Management Outsourced CFO services have revolutionized financial management for businesses of all sizes. Leverage remote accounting support for your global business.

Accounting 52

Accounting Tax Planning CFO Startups 52

Spreadym

JULY 21, 2023

Digital transformation in finance refers to the process of integrating digital technologies and innovations into all aspects of financial services and operations within a financial institution or organization. Data-driven decision-making enables more informed and precise financial strategies.

Finance 52

Finance Prioritization Compliance Leverage 52

Collectiv

JUNE 13, 2023

Solid processes around nonprofit data give you critical information to highlight unique aspects of your organization, boost morale, increase credibility, enhance transparency, and build community awareness to support your mission. Let’s look at three ways to leverage Power BI for nonprofits so you can use your data effectively.

Nonprofit 52

Nonprofit Leverage Analyzing Data Budgeting 52

PYMNTS

AUGUST 29, 2019

This helps FIs communicate with each other and makes it easier for them to comply with transparency regulations while providing their customers with more control over their data. Aggregating financial data from a smorgasbord of FIs enables CUs to create customer profiles and forecast the services they will likely use.

Banking 63

Banking Securities Accounting Forecasting 63

Bramasol

SEPTEMBER 29, 2023

They are expected to provide financial leadership and insight into the organization's strategic direction. This involves not just managing financial data but also interpreting it to guide decision-making. The Big Picture View CFOs are increasingly seen as strategic partners to the CEO and the board of directors.

Technology 88

Technology IFRS SAP Compliance 88

PYMNTS

NOVEMBER 7, 2016

This makes up what he calls a digital handprint, which GIACT can compile by leveraging social and email intelligence, as well as looking at a device in real time.

Communication 73

Communication Leverage Financial Data Technology 73

Spreadym

JULY 10, 2023

Automation and Technology: Leverage financial software and technology solutions to automate repetitive tasks, improve data accuracy, and streamline the close process. Clear communication channels, regular meetings, and shared access to information facilitate the resolution of issues and timely completion of tasks.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

The Finance Weekly

NOVEMBER 20, 2023

AI integration in their FP&A function brings various positive outcomes: AI algorithms boost efficiency by swiftly handling large amounts of financial data, reducing the , risk of errors , and enhancing data integrity. Advanced AI solutions offer real-time analysis during data entry.

Financial Planning and Analysis (FP&A) 52

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

Michigan CFO

JUNE 7, 2023

Virtual CFOs leverage cloud-based accounting systems, collaborative tools, and remote communication to provide financial services to businesses on a part-time or “fractional” basis. Virtual CFOs offer a range of financial services tailored to the specific needs of businesses. What Do Virtual CFOs Do?

CFO 52

CFO Problem Solving Budgeting Financial Systems 52

CFO Plans

SEPTEMBER 6, 2024

For many businesses, especially startups and small to medium-sized enterprises, hiring a full-time Chief Financial Officer (CFO) can be financially daunting. Enter the fractional CFO—a cost-effective solution that delivers high-level financial expertise on a flexible basis. Discover how CFO Plans can help your business grow.

CFO 52

CFO Startups Tax Planning Planning 52