This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Build Business Credit In today’s post we share five key strategies for building business credit easily and quickly. These five strategies provide a fast and efficient way to establish your business credit file with major business credit reporting agencies. If your new to building business credit it’s important to recap on why it’s an essential […].
Ask finance and accounting professionals if they would like to do more value adding work and you’ll hear a re-sounding “YES!” Ask them why they are not just doing it already and most often you will hear “I don’t have time”. This is like a chronic disease of the finance function but unlike most chronical diseases this one has a cure! To change the mindset of CFOs and their finance function from “a cost center to becoming a profit driver” as we discussed in a previous article, “Exploring the minds
What is zero-based budgeting (ZBB)? Zero-based budgeting (ZBB) is a methodology to help align company spending with strategic goals. Its approach requires organizations to build their annual budget from zero each year to verify all components of the annual budget are cost-effective, relevant, and drive improved savings. Implemented effectively, ZBB is a cost discipline enabling […].
Have you ever wondered what Groovy is and what makes it so crucial to enhancing the depth and breadth of Oracle Enterprise Performance Management Cloud capabilities? This blog explains what Groovy is, why it matters, and what problems it can solve for your business.
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
Editor’s note: “Venture outside your comfort zone. Never say never” are words that Siew Shan Sim, CFO AirAsia, Aviation Group (pictured) lives by. Not only did she take up the CFO role at low-cost airline AirAsia three months before the pandemic hit and then quickly create various measures for managing liquidity, team morale, and relationship with stakeholders during the pandemic, she also challenged her self—as an introvert—to speak publicly in professional conferences.
CFOs play a vital role in informing the board’s corporate governance. It’s the CFO’s responsibility to consider the best interests of both the organization and its stakeholders when evaluating the company’s finances. The person in this role should provide the board the financial knowledge needed to set the company’s larger strategy. As Jonathan Joyce, who […].
CFOs play a vital role in informing the board’s corporate governance. It’s the CFO’s responsibility to consider the best interests of both the organization and its stakeholders when evaluating the company’s finances. The person in this role should provide the board the financial knowledge needed to set the company’s larger strategy. As Jonathan Joyce, who […].
Remote work’s existence began years ago with the dawn of digital transformation. This development reshaped the very fabric of the corporate world as we know it. For the past year and a half, this profound transition has manifested itself more clearly than ever due to the COVID-19 epidemic, as virtually all office workers were forced to make the exodus from their in-person workplaces to a work-from-home new normal.
From overarching sales targets to more specific sub-goals and milestones, how should they be defined? What do you need to consider? In this blog post, we look at sales targets and goal setting from different perspectives and discuss what to consider when defining them. Most everyone has goals of some type they aim to achieve. Some reach for the stars, others prefer a more modest approach.
A report by the Cannabis Business Times found the top three business related challenges to the industry were competition/declining prices, compliance, and financial management. How do you tackle these financial hurdles without an experienced CFO? Like all business owners, you want your cannabis business to prosper and grow. With no government funding or protection, a cannabis business’ management team is vital to the success of the business.
For those of us on a calendar fiscal, we are probably getting into the process of planning for 2022 and beyond. Since the GFC planning has been focused mostly around growth and a stable economy. The 2022 planning cycle, given recent economic data points, could be anything but another round of the same. Specifically, it will be critical to consider the impact of rising and sustained inflation in our next year forecasts.
In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.
While businesses have adjusted to operating during a global pandemic there is still so much uncertainty. Is now the time to move forward with that planned investment? What about workforce considerations? What decisions need to be made about discretionary expenses? Dynamic market conditions may not be anything new but navigating the current business environment and its unprecedented unpredictability has shined a spotlight on just how critical cash flow forecasting is to an organization.
ZS Associates, a major analytics consulting and professional services firm, works with industry-leading clients every day on transformative business strategy and implementing the technology to support it. However, within their own operations, some areas of the business continued to rely on more traditional analysis methods. Ryan McConnell had been the FP&A Manager at ZS Associates for several years, then his role expanded to include reporting processes across finance and human resources.
Change is happening in Finance, and we have outlined both how the mindset should change and how to create time and energy for doing more value-adding work. However, knowing that change should happen and making the change happening are two very different things. Especially if you are a CFO and looking at your finance function and thinking how you can transform it to Finance 4.0.
Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.
A CFO should do everything in their power to avoid events that would damage their company’s finances. Yet, many CFOs are risk-averse to a fault. Ernst & Young’s 2020 DNA of the CFO survey revealed that finance teams in private organizations “are seen as too risk-averse and cost-conscious.” These risk-averse CFOs often shy away from […].
As one of SAP's longest serving partners, Bramasol has seen and participated in many major changes during our 25 years of working in the SAP ecosystem. When we express how excited we are with the new RISE with SAP initiative that was launched in Q1 2021, it comes with that deep history and perspective in mind. We are particularly pleased with how seamlessly RISE with SAP aligns with the ongoing Comply, Optimize, Transform™ paradigm that Bramasol instituted some years ago.
Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.
A few weeks ago, I valued Zomato, the Indian online food delivery company, just prior to its IPO, and argued that the excitement about its potential was tied to the potential for growth in India and the shifting habits of Indian consumers. Since its public offering, Zomato's stock price has reflected that excitement, more than doubling from its offering price of 74 rupees per share.
“What got you here won’t get you there” is a popular saying and CFOs around the world have long since realized this. However, creating the actual change needed to “get us there” is not taking place at the speed required. The WHY is understood but the WHAT and the HOW is where the going gets tough. In a recent post “Behold the Emergence of CFO 4.0” , we explored the emergence of CFO 4.0 and outlined five key changes for CFOs and their finance teams to make to get into the future.
When I review a SaaS P&L for the first time, I take a high-level approach to understand the financial health of the business. I break the P&L into two sections, the “top half” and the “bottom half.” The top half contains revenue, COGS departments and our gross profit. The bottom half contains our operating expenses […]. The post How to Benchmark Your OpEx Profile appeared first on The SaaS CFO.
It wasn’t long ago that banking customers would remain loyal for life. That’s not because they were happy with their service – many just didn’t have a choice. Historically, financial institutions have made it difficult for people to open accounts elsewhere, and there wasn’t much of a differentiation between what banks offered anyway. Over the last few years, and even more so since the pandemic has gravitated to increasingly digital experiences, that’s started to shift.
Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.
Enterprises in every industry know it’s important to make data-driven decisions in 2021 and beyond. However, becoming a data-driven organization is often far more complicated than business leaders expect. Simply implementing the best BI tools isn’t enough to reap the benefits of your organization’s data. Shifting to a data-driven approach involves a high-level change in mindset and strategy.
In a post a few weeks ago , I argued that the disclosure process had lost its moorings, as corporate disclosures (annual filings, prospectuses for IPOs) have become more bulky, while also become less informative. I argued that some of this disclosure complexity could be attributed to the law of unintended consequences, with good intentions driving bad disclosure rules, and that some of it is deliberate, as companies use disclosures to confuse and confound, rather than to inform.
The role Financial Planning & Analysis plays within an organization has always been vitally important. At a recent CFO Magazine Australia event on the 'Future of Finance,' three industry professionals using Jedox shared how FP&A has supported their organizations through very challenging times.
Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.
We organize all of the trending information in your field so you don't have to. Join 39,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content