December, 2021

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Key Considerations When Choosing an ERP System as a Startup

Navigator SAP

Efficiency, cost savings, and competitive advantages are likely the key reasons your startup needs an enterprise resource planning (ERP) solution. With so many features and options available, however, it may be hard to know which ones will be the best at helping you achieve those goals.

Startups 209
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Will Human, Founder and Managing Director, Quartus Gain

Generation CFO

Will Human has worked as a Financial Director for multinational groups, trading in complex, high volume and low margin industries. Due to the nature of the business, finance had to be efficient and effective, which led to multiple finance transformation programs. . “In our search for optimum efficiency, we discovered ‘Intelligent Automation’ which was a game changer.

Finance 140
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Are you being productive, or are you just busy?

CFO News Room

There is an ongoing pressure on the CFO to run a tight ship. Of course, this starts with the finance team, ensuring it is efficient and effective and trying to extract the maximum value from the resource available. . So, with everyone working at full tilt, how can the CFO improve the productivity of the finance team? This article provides my ideas and thoughts.

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Apple Shines

Corporate Finance

Moody's recently upgraded its rating on Apple's long-term debt. Apple joins Microsoft and and Johnson & Johnson as the only three U.S non-financial corporations with AAA rated debt. Moody's credits the better credit rating with substantial operating scale, large installed base of products and services, strong customer loyalty, and brand positioning.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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3 key factors for a sales compensation plan that sparks motivation

Jedox Finance

A sales compensation plan that motivates your sales team to reach their maximum potential is something sales executive dreams of. Ultimately, the most success is achieved through effective motivation. This blog post outlines three key factors that transform your sales compensation plan into a powerful source of motivation. A lack of oversight into performance, delayed compensation payments, unsatisfactory sales incentives and commission payments.

Sales 119

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Benefits and Pitfalls of ERP for Startups

Navigator SAP

Life sciences and biotech companies often make miracles happen, but the road from a spark of genius to a regulator-approved product isn’t easy. Getting to market involves investment, risk-taking, and strategic planning — all at a rapid pace.

Startups 168
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Make HR your BFF for Financial Workforce Planning

Generation CFO

I recently spent a very enjoyable hour discussing financial workforce planning with Mark White of MHR. I did not fully appreciate how workforce planning has developed over the years, the huge difference between private and public sector, the GDPR conundrum nor the potential number of drivers that can be used in a salary plan. This article summarises our discussion. .

Planning 131
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Top 5 Transamerica Funds

CFO News Room

Retirees looking for dependable income during their golden years can no longer rely on money market funds and certificates of deposit (CDs) since the interest rate is too low to make them a viable primary savings instrument for retirement. Instead, a key to combating increasing costs of living is the smart diversification of funds. Transamerica offers a relatively slim lineup of only 133 funds as of 2018, but these five funds can create a well-diversified nest egg that will last you throughout r

Numbers 130
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American Airlines Fights Acquisition

Corporate Finance

Airlines have often suffered losses and were hit particularly hard during the COVID-19 pandemic. As a result, American Airlines (AA) has amassed significant losses. In fact, AA has an accrued tax benefit benefit due to $16.5 billion in net operating losses. To help avoid a hostile takeover which would allow the acquirer to claim the tax benefit, as well as a takeover for any other reason, AA has implemented a rights offering.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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The Top 7 FP&A Trends for 2022

Jedox Finance

According to Gartner, 70% of new financial planning and analysis (FP&A) projects are slated to become extended planning and analysis (xP&A) projects by 2024. In other words, the Office of Finance will increase its collaboration with rest of the enterprise through new tools and more efficient processes that allow for better cross-departmental data management.

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When Does Your Nonprofit Need an Audit?

The Charity CFO

Contrary to what many people envision, a nonprofit audit doesn’t usually start with a letter from the IRS. Instead, an independent nonprofit audit is something you choose to build trust in your nonprofit organization. In fact, the IRS doesn’t require nonprofits to be audited, but other federal and state agencies do in some circumstances. Plus, many grantmakers, foundations, lenders, and donors will require an independent audit before giving money to your nonprofit organization. .

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What Is At The Heart Of Any ERP System?

Navigator SAP

Through automation, Enterprise Resource Planning (ERP) systems help manage several organizational functions and streamline day-to-day operations. The importance of ERP systems centers on what sort of services they can offer your business or organization. The software comes up with an accurate and efficient system that gives you a comprehensive view of your business.

Planning 130
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Understanding and Overcoming The Skill Wall

ProCFO Partners

Who’s the better employee – the deeply committed, personally invested person who lacks some raw skills, or the highly skilled person who can sometimes be tough to manage? Should you hire for skill, or for “fit”? What does any of that even mean? In this article we’ll try to make sense of the skill wall , including insights and perspective on when to explore hard skills versus passion, and why having a vision of success for the role before even exploring options is critical

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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The Elizabeth Holmes Trial: Closing Arguments Begin

CFO News Room

SAN JOSE, Calif.—Closing arguments begin Thursday in. Elizabeth Holmes’s. criminal-fraud trial, marking the final opportunity for prosecutors and defense lawyers to sway jurors to their side of the case. Ms. Holmes, the founder of now-defunct blood-testing startup Theranos Inc., is fighting 11 charges of conspiracy and fraud claiming that she lied to investors and patients about the company’s technology.

Startups 130
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Why Financial Forecasting Is More Important Than Your Annual Budget

Centage

Once upon a time, businesses were satisfied with creating an annual budget. You used your budget as a measuring stick to gauge performance against assumptions made months ago. You celebrated if you were on target; and if you were off the mark, you brainstormed ways to make up the difference. If your board asked you to run new numbers based on fresh assumptions, it took you days or weeks to create a new set of reports.

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Time to pay your SS tax deferral!

CFO Share

Remember that flurry of CARES act tax credits, stimulus, and tax deferrals? There was lots of free money in the CARES act, but one component needs to be repaid this December: the social security tax deferral. When Covid-19 first began, it was easy to check a box in payroll systems to automatically defer social security tax payments. That means your business incurred social security tax expense, but did not pay it in 2020.

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How to Build a Remote-First Workforce Planning Model: Best Practices for Planning a Cost-Effective Hybrid Workforce

Onplan

We’re nearly two years into Covid, and like many companies, you might be looking at the cost of your office space and considering the business case of moving at least part of your staff into permanent work-from-home or remote status. Being the good employer you are—and recognizing the war for talent you’re in—you also want to ensure that your current team and future hires have benefits that allow them to work from home effectively and feel connected to the organization.

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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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What Is An ERP System In Accounting?

Navigator SAP

An excellent Enterprise Resource Planning (ERP) System like that of SAP Business ByDesign aids companies in streamlining their accounting needs through the integration of data. But what is an ERP System exactly?

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Brownie Points Testimonial

Focus CFO

Brownie Points Testimonial. Listen to Lisa King, CEO of Brownie Points, share her “life changing” experience utilizing a Fractional CFO from FocusCFO. Dec 2021. 855-236-0600. Follow Follow Follow. About FocusCFO. Owners, Presidents, & CEO’s. Strategic Partners. Join Our Team. The post Brownie Points Testimonial appeared first on FocusCFO.

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CFO Yeah! – Prioritizing Growth & Supporting Women’s Financial Independence, with Jana Ludwig-Martyushev

CFO News Room

CFO Yeah! Prioritizing Growth & Supporting … CFO Yeah! by CFO Connect. Jana is not only the VP Finance at omni:us, but she is also the inventor of the finance toolbox, a playbook to help startups create their finance processes from scratch. In this episode, we spoke with Jana about her experience building the finance team at omni:us, managing productivity on a four-day work week, investing in yourself throug … See more.

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Turnkey Startup Office Solution – Builds Business Credit

Business Credit Blogger

Startup Office Solution Finding the right turnkey office solution for your startup can be a serious challenge. With traditional office space, not only do you need to find the right location and space, but you also have the hefty costs to consider. In today post, you’ll learn about a turnkey office solution that has all […]. The post Turnkey Startup Office Solution – Builds Business Credit appeared first on Business Credit.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O'Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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Read the eBook: The 2022 CFO Playbook for Strategic Decision-Making

Planful

The strategic role of the CFO has become less about finance and accounting and more about becoming a strategic partner to the entire organization. It’s especially true as 2022 promised to bring continued uncertainty along with new opportunities for growth. Pushing forward requires CFOs to get involved in the business and convey the importance of […].

CFO 92
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4 ways to improve the secret skill needed to be a CFO: storytelling

Onplan

A great CFO doesn’t just understand finance, operational drivers, and shifting market conditions. A great CFO has to persuade the rest of the management team to follow their advice. And that requires distilling their insights into a narrative of the business. Where it’s been. Where it could go in the future. That’s why storytelling is such an essential skill needed to be a CFO.

CFO 95
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The Center for Breakthrough Medicines Implements GMP Validated System | Press Release

Navigator SAP

The Center for Breakthrough Medicines Implements GMP Validated System Delivered by Navigator Business Solutions.

SAP 132
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Michael Stier on the BuilderNuggets Podcast

Focus CFO

The BuilderNuggets Podcast. with Michael Stier. Michael Stier discusses the benefits of a fractional CFO (and fractional other titles for that matter) that can help you propel your business forward without having to add someone to your staff full time. In this episode we dive into the power of having someone like a fractional CFO (and fractional other titles for that matter) that can help you propel your business forward.

CFO 94
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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.