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
Fast-changing environment of the digital age requires not only rapid adaptation of business but also of the finance function, which leads to the evolving responsibilities and roles of the finance professionals. Today’s digital era is known as a turbulent environment with constant changes which forces companies to be extremely nimble to mitigate risks and, what is more important, to identify and capture opportunities.
There are hundreds of reports that we could create to manage our SaaS businesses. In fact, I’m sure our CRM, accounting, and BI systems are littered with reports that no longer see the light of day. With so much data trapped in our SaaS business, it can be extremely hard to limit our focus to […].
Digital transformation efforts have taken on a new urgency to help businesses drive performance with agility. Especially now, with condensed project timelines and teams scattered due to remote work, these transformation projects need a strong leader who can rally cross-functional teams around operational execution and financial performance. Whether you’re a finance leader heading up a […].
Properly quoting (and collecting) accounting fees can be an overwhelming hurdle for many bookkeepers, especially those just opening up their own practice. If you don’t have a pricing system in place, you run the risk of undercutting your value and inviting potential clients to hire a cheaper (or automated) option. Fortunately, that overwhelm you may be feeling can be easily dissolved with a few tips and reassessment of your value.
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.
At the launch of a recent report examining the effectiveness of financial fraud risk management, Julie Bell Lindsay - the Executive Director at the Center for Audit Quality — was quoted as saying that “the risk of financial statement fraud at public companies is real, and that risk has only increased during the pandemic.”. The risks associated with financial fraud that modern CFOs face today is particularly high.
Did you miss out on relief funds during the first round of PPP? We have good news! On January 13th, 2021, Congress opened up $285 billion for PPP2 (Paycheck Protection Program) funding making it possible for you to strengthen your business with available financial funding of 2.5x to 3.5x your monthly payroll in a 100% forgivable loan. PPP2 Program Updates.
Did you miss out on relief funds during the first round of PPP? We have good news! On January 13th, 2021, Congress opened up $285 billion for PPP2 (Paycheck Protection Program) funding making it possible for you to strengthen your business with available financial funding of 2.5x to 3.5x your monthly payroll in a 100% forgivable loan. PPP2 Program Updates.
To ‘decide’ on something is to arrive at a conclusion after consideration – to choose one option, perhaps out of many that you have been pondering; one root of the word means to cut or kill off! And that can be a daunting thing when it comes to our business decisions: once we decide – we’re committed! Of course, it’s not just in business – pretty much whatever we do in life, we have choices.
The speed and scale of the global shutdown of economies and societies has had a profound impact on every business. Companies have had to respond with their own momentum to stay in control of their business. Since early April, FSN has been interviewing CFOs of global organisations among the Modern Finance Forum to see what strategies they are deploying to manage through the crisis.
Cash forecasting has and always will be a practice that successful businesses utilise to stay ahead of unprecedented events. COVID-19 created a level of financial strain that businesses could not have accounted for. In times like these, keeping a close eye on your cash flow, monitoring your position and having a clear view of your finances will help future proof your organisation.
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.
Two young fish are swimming along when they happen to meet an older fish swimming the other way, who nods at them and says "Morning, boys. How's the water?" The two young fish swim on for a bit, and then eventually one of them looks over at the other and says, "What on earth is water?” The moral of the story is that we do not always understand the fundamental nature of things that surround us every day.
A recent Gartner survey suggests that the answer to the question of whether CFOs would plan to hold Bitcoin as a corporate asset is a no. Only 5% of finance executives polled in February 2021 said they had plan to do so, said Gartner when releasing results of a poll of 77 finance executives including 50 CFOs. In addition, 84% of respondents said they did not plan to ever hold bitcoin as a corporate asset, Gartner noted.
2020 may have been a forgettable year for business leaders in Asia, but 2021 may be a different story altogether. With growth forecasts of about +5.4%, we are expecting cautious optimism and investments to move forward. Analysts are predicting the digital economy to accelerate recovery. IDC forecasts that over 65% of the APAC GDP to be digitalized and spending to hit US$ 1.2 trillion between 2020 and 2023.
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.
India’s GDP could grow 10% in fiscal 2022, said S&P Global Ratings recently. Consistently good agriculture performance, a flattening of the Covid-19 infection curve, and a pickup in government spending are all supporting the Indian economy, according to a report by the rating agency. India’s fiscal year begins on April 1 and ends on March 31 in the following year.
BlackLine recently published a report titled, Finance & Accounting: in a Post-COVID World: Navigating the Changing Landscape. The report noted that 43% of respondents to the study say their organisations have become more focused on scenario planning and stress testing as a result of the pandemic. FutureCFO’s discussions with finance leaders in Asia identified similar conditions.
Mastercard said recently that it has partnered with SAP Concur to deliver an expense and invoice management process to banks, companies and government agencies in Asia Pacific for transactions with corporate cards. As businesses and governments seek to increase visibility across payments, optimise credit lines and leverage data to strengthen supplier relationships, the partnership offers transaction solutions along with closer alignment between commercial card providers and their clients, Master
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.
More than 90% of finance leaders in Singapore view people as an organisation’s most important asset, said ACCA recently when releasing a report based on a survey of more than 160 finance leaders jointly done with EY. While it’s through people that digital initiatives can be driven and gaps between current and desired digital culture within their finance teams can be closed, having a strong digital culture with clear strategies is what sets successful digital transformation apart, survey results
Some risk elements remain consistent such as cyber threats and data risk, but the future of work and the need for operational resilience are creating a need for agility like never before, said Protiviti. The post 2021 executive perspectives on top risks appeared first on FutureCFO.
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