Future CFO

AUGUST 1, 2023

More than 50% of mid-size enterprises plan to automate analytics/BI through cloud applications in the next 12 – 18 months, highlighting the demand for financial reporting and analytics capabilities. This trend is driven by the need for real-time data analysis and insights to make informed business decisions.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

The Finance Weekly

DECEMBER 2, 2024

Problem 1: Using Old and Cumbersome Excel Models Many of us have developed a financial reporting process that uses workarounds for limitations in our ERP software and to ensure we can meet our deadlines without accidentally breaking something. Are there companies in this space solving this problem?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 52

CFO Plans

DECEMBER 2, 2024

Join us as we explore unique perspectives on financial reporting and data analysis, offering actionable insights for hospitality business owners seeking growth opportunities without a dedicated financial strategist. This strategic approach not only enhances profitability but also supports broader expansion efforts.

CFO 52

CFO Benchmarking Financial Analysis Financial Data 52

Centage

OCTOBER 3, 2022

Disadvantages of Excel for Financial Forecasting While Excel is not necessarily bad for data analysis or financial forecasting, it may not be the best option available to your business. Limited Visibility To conduct financial data analysis, your business needs to test various hypothetical scenarios.

Forecasting 98

Forecasting Budgeting Data Analysis Financial Modeling 98

Future CFO

AUGUST 7, 2024

Ho notes that CFOs, with their wider lens, can lead a team to draw insights from data to address specific strategic needs. There is a clear distinction between data analysis for analysis sake (e.g. The post Fulfilling CFOs' future roles appeared first on FutureCFO.

CFO 86

CFO Data Analysis Budgeting Performance Measuring 86

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. Centage Corporation’s Planning Maestro is a cloud planning & analytics platform that delivers year-round financial intelligence.

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CFO Forecasting Budgeting Data Analysis 97

Embark With Us

JANUARY 19, 2022

Put another way, with Alteryx involved, information from disparate data sources can flow into your chart of accounts or general ledger without the manual heavy-lifting that's traditionally plagued accounting functions. And don't forget about the advantages such data integrity and immediate data analysis can have on your decision-making.

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Accounting Finance Data Analysis General Ledger 98

Future CFO

JANUARY 2, 2024

Access to Expert Advisors: By outsourcing accounting services, businesses have the ability to work hand-in-hand with experienced and skilled accountants who specialise in various aspects of financial management. This can lead to improved financial reporting, data analysis, and overall financial management.

Accounting 52

Accounting Finance Data Analysis Compliance 52

Spreadym

OCTOBER 3, 2023

Communication Skills: They excel in conveying complex financial information to non-financial stakeholders, including senior management and department heads, in a clear and understandable manner. Financial Modeling: The ability to create and work with financial models is crucial.

Financial Planning and Analysis (FP&A) 59

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

Centage

SEPTEMBER 6, 2022

As organizations expand, they will need to rely on more complex reporting functions. Unfortunately, Excel has very defined limits that can make it challenging for businesses to publish their financial reports more quickly and efficiently. Still, many depend on this program for these critical tasks.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

Centage

MAY 23, 2022

Along with aiding in financial reporting, supply chain management, and budgeting, rolling forecasts play a key role in decision making. Centage Corporation’s Planning Maestro is a cloud planning & analytics platform that delivers year-round financial intelligence.

Forecasting 98

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

Centage

SEPTEMBER 7, 2021

This is what only looking at traditional financial reporting is like. But without digging into more underlying data, it’s difficult to get a complete picture on why. As defined by Wikipedia, Business Intelligence comprises the strategies and technologies used by enterprises for the data analysis of business information.

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Finance Data Analysis Forecasting Budgeting 52

CFO Plans

NOVEMBER 4, 2024

Consider a financial services company that managed to scale its operations by prioritizing cash flow optimization. By employing advanced forecasting tools and real-time financial reporting, they maintained a healthy cash reserve, allowing them to invest in new markets and technologies confidently.

CFO 52

CFO Cost Management Leverage Planning 52

Centage

JULY 25, 2023

Quick report generation: Planning Maestro allows you to quickly and easily build and distribute consolidated financial reports. Our software automates repetitive tasks to provide actionable, accurate reports while minimizing the burden on your team. Download unformatted financial results from the accounting solution 2.

Budgeting 98

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

Centage

DECEMBER 1, 2021

They recognize the importance of modern budgeting tools that can help you present your case to them, because they understand the value in their business lies in making data-backed decisions. In fact, 39% of firms with less than $500 million in revenue have automated their financial report generation for this purpose.

Forecasting 98

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

Fpanda Club

SEPTEMBER 2, 2021

This is true in all possible economic situations: in times of growth FP&A participates in setting business objectives, analyzing options of growth, assessing market opportunities and risks, while in times of recession FP&A can contribute to corrective action plans, cost-cutting and other initiatives to preserve company’s financial health.

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

Collectiv

AUGUST 8, 2022

By automatically cleaning your data before moving it into a data model, it ensures that you’re reporting accurate metrics to your end users. Power Query is particularly useful for financial reports , especially those created in Excel. A well-built data model helps make the DAX process much easier.

Data Analysis 52

Data Analysis Financial Reporting 52

Centage

SEPTEMBER 5, 2023

Ideal for today’s volatile economy, Planning Maestro is a financial budgeting, planning and analysis software created by and for modern finance leaders.

Financial Planning and Analysis (FP&A) 98

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

Adam Kae

JULY 17, 2023

It's important to have a specialized hire to help you go over industry benchmarks, historical data analysis, and forecasting techniques to enhance your decision-making process. Financial Reporting and Performance Metrics: Effective financial reporting and analysis provide valuable insights into your agency's performance.

CFO 52

CFO Marketing Cash Flow Forecasting Forecasting 52

CFO Share

JULY 27, 2023

AI Advantages and Opportunities for CFOs AI presents key advantages and opportunities for CFOs: AI Enhanced Data Analysis AI enables CFOs to analyze large volumes of financial data quickly and accurately, uncovering valuable insights for decision-making. Where will you take AI in your business?

CFO 40

CFO Data Analysis Analyzing Data Risk Management 40

The Finance Weekly

JULY 19, 2022

FP&A teams are responsible for a variety of activities, including periodic financial close and consolidations, strategic and annual planning, monthly forecasting, cash flow forecasting, financial reporting, financial modeling, and what-if scenario planning and analysis.

Financial Planning and Analysis (FP&A) 96

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

CFO Leadership

OCTOBER 10, 2023

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

The Charity CFO

NOVEMBER 8, 2023

Data Analysis, Budgeting, and Resource Allocation Budgeting and resource allocation are essential for nonprofit organizations. To get these things right, data analysis has to be done correctly. Do You Struggle to Make Sense of Your Financial Statements? Get the free guide!

Nonprofit 52

Nonprofit Data Analysis Compliance Budgeting 52

The Finance Weekly

JANUARY 21, 2024

Problem 1: Using Old and Cumbersome Excel Models Many of us have developed a financial reporting process that uses workarounds for limitations in our ERP software and to ensure we can meet our deadlines without accidentally breaking something. Are there companies in this space solving this problem?

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 40

Collectiv

JUNE 13, 2023

Data analysis is a treasure trove for non-profits. 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.

Nonprofit 52

Nonprofit Leverage Analyzing Data Budgeting 52

Centage

NOVEMBER 22, 2021

Budgeting and planning software for nonprofits quickly put analytics-based actionable reports and dashboards at every stakeholder’s fingertips to drive faster, more confident decisions. For more information on how to modernize your office of finance with intelligent planning , view our product demonstration video , or call 800-366-5111.

Financial Planning and Analysis (FP&A) 72

Financial Planning and Analysis (FP&A) Nonprofit Planning Finance 72

Planful

MAY 27, 2015

Here’s some of the key points that panelists highlighted: Governance : Adopt public company standards – regular board meetings, financial reporting, auditing. Key traits of CFO in private equity company: Be objective, data-oriented. Ensure credibility – accurate reporting and forecasting, data analysis, advice.

CFO 40

CFO Auditing Data Analysis Forecasting 40

Centage

JANUARY 19, 2024

Collating detailed financial reports and insights from each location/unit enables you to take calculated steps towards financial optimization. Reducing reliance on manual data analysis and automating cost allocations significantly improves efficiency and speed. This is where automation comes into play.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Data Analysis Numbers 52

Centage

OCTOBER 3, 2022

Disadvantages of Excel for Financial Forecasting. While Excel is not necessarily bad for data analysis or financial forecasting, it may not be the best option available to your business. To conduct financial data analysis, your business needs to test various hypothetical scenarios. Limited Visibility.

Forecasting 52

Forecasting Budgeting Data Analysis Financial Modeling 52

The Finance Weekly

FEBRUARY 21, 2024

This unique blend of comfort and advanced technology ensures finance teams can operate within a known environment while accessing the benefits of modern financial software. AI-Driven Insights and IT Relief One of the most compelling features of Datarails Connect is its AI capabilities, which automate and optimize financial data analysis.

Finance 40

Finance Benchmarking Data Analysis Leverage 40

Future CFO

AUGUST 30, 2021

According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. What makes for a sought-after chief finance professional (CFO)? These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Problem Solving 52

Centage

SEPTEMBER 6, 2022

As organizations expand, they will need to rely on more complex reporting functions. Unfortunately, Excel has very defined limits that can make it challenging for businesses to publish their financial reports more quickly and efficiently. Sensitivity analysis. Faster publishing for financial reports and dashboards.

Securities 52

Securities Cash Flow Forecasting Budgeting Forecasting 52

The Finance Weekly

APRIL 28, 2024

Also, the subscription service comes with cool features such as follows: Keeping tabs on inventory Sorting out your books Sending out invoices smoothly Managing payroll Dishing out financial reports Linking up with other apps for a seamless workflow Plus, you can share access with different permissions for your team.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Invoicing Budgeting Finance 52

Boston Startup CFO

FEBRUARY 1, 2023

Creating financial reports : A CFO can help you create financial reports, such as budget vs. actual reports, to help you understand how your business is performing against your budget. This can help you to be more productive and effective as a business owner, and to better utilize your time and resources.

CFO 40

CFO Startups Cash Flow Forecasting Budgeting 40

The Charity CFO

AUGUST 7, 2023

Enhanced Data Analysis and Decision Making Tired of number crunching? The programs can automatically flag valuable insights from large data sets that may have otherwise gone unnoticed. Do You Struggle to Make Sense of Your Financial Statements? Let’s take a closer look at a few of the most important.

Nonprofit 52

Nonprofit Communication CFO Data Analysis 52

The Finance Weekly

OCTOBER 13, 2021

Compliance: Abide by laws regarding environmental regulations, financial reporting, etc. Complete data analysis (DA). The business metrics of CPM fall into 5 categories: Customer: Satisfaction and loyalty of customers. Strategic: Quality of various strategies helping companies reach short and long term goals.

Financial Planning and Analysis (FP&A) 52

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

Jedox Finance

JULY 11, 2023

In 2022, requirements related to several ESG issues accelerated with the European Financial Reporting Advisory Group (EFRAG) approving the European Sustainability Reporting Standards (ESRS). The standards are designed to bring sustainability reporting on par with financial reporting over time.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Profit and Loss Compliance 52