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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. The emerging FP&A practice steps out of the shadow of other finance functions becoming a standalone entity which involves its own mission, goals, organization, proce
I’m Planful’s Chief Customer Officer (CCO). This means I have a responsibility for doing everything possible to create a consistent, value-focused customer experience, from the first time they interact with our brand to their continued retention as a loyal and satisfied customer. I’ve been deeply entrenched in this work for over 20 years and have […].
When companies consider financing the purchase of a new or used piece of equipment, the monthly payment amount can be critical. In many cases, the target amount of the payment is determined based upon cash flow needs or what the business can afford.
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.
Startups tend to operate on shaky ground. Look at the facts: 82% of small businesses fail due to poor cash flow. 90% of startups will fail - period. From the moment a CEO starts pouring time and money into an idea, a rock-solid financial foundation is key to increasing the odds of success. If company owners don’t have a realistic view of their financials and are not set up for capital raising, reports, and tax prep, their dream may fade away before they ever get a chance to open their door
Remember the old days when you just went out in public? Ah, good times. But, for now, virtual and online events remain the best alternative. While we’d so much rather be with you in person at Planful Perform 2021, virtual is how we’re helping finance and accounting professionals Accelerate Now. So how can you get […]. The post 4 Ways To Get the Most Out of Planful Perform 2021 (And All Other Virtual Events) appeared first on Planful.
Remember the old days when you just went out in public? Ah, good times. But, for now, virtual and online events remain the best alternative. While we’d so much rather be with you in person at Planful Perform 2021, virtual is how we’re helping finance and accounting professionals Accelerate Now. So how can you get […]. The post 4 Ways To Get the Most Out of Planful Perform 2021 (And All Other Virtual Events) appeared first on Planful.
By Casey Gillam, Sales Manager @ CFO Plans Inc. We are living in a time in the US where you can start to feel hungry, pull out an electronic device from your pocket, choose a few pictures, and have almost any food you’re craving delivered right to your front door in about 30 minutes. Amazing. Consider the struggles of the lives of your ancestors. Consider the effort and energy that used to go into that process.
Support measures for borrowers will limit the asset quality decline in Thailand, Indonesia, and the Philippines and banks in these countries have sufficient capital and provisions to absorb losses, though the resurgence of coronavirus cases will hinder their economic recovery and raise asset risks for banks , said Moody’s recently. "Thai banks' overall asset quality deterioration will be modest, with nonperforming loans (NPLs) rising to 5%-6% of gross loans by the end of 2022, from about 4% as o
Do you know how much your business is worth? As a business owner, you should always know the value of your business. But did you know that business valuation can give you more insight into your business than just the economic value? Keep reading to learn more about why business valuation is such an important process for every business. To Get a Baseline.
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.
It has come to our attention a number of businesses are being approached by firms with proposals to conduct the research needed to file employee retention credit. We would like to alert you that these companies often expect a significant percentage of your return and require payment upfront, before the returns are issued. Worse yet, we’ve seen examples of these companies making inaccurate estimates, which could leave your business at a large loss.
For nonprofit organizations, ensuring continuity of service to their clients, maintaining relationships with donors and volunteers, and navigating the challenges of the pandemic proved to be a mammoth task. Digitization was the key to success for one of Australia's most successful social enterprises: Learn more in this article.
Audit functions that fail to adapt well to hybrid auditing risk a loss of effectiveness and influence at a time when real-time assurance has never been more vital to the wider organisation, said Gartner recently. With hybrid auditing—emerging as remote audits become necessary during the pandemic—is here to stay for the foreseeable future given the many benefits, audit leaders must ensure audit processes are still effective and staff remain engaged, according to the advisory firm.
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?. In this episode, we interview Matthew Harlan the Treasury Director at Toast POS. Toast is a company that empowers the restaurant community. They provide powerful cloud based software and all-in-one platform that covers point of sale, guest marketing, digital ordering & delivery, and payroll & HR. ?
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.
Remember the old days when you just went out in public? Ah, good times. But, for now, virtual and online events remain the best alternative. While we’d so much rather be with you in person at Planful Perform 2021 , virtual is how we’re helping finance and accounting professionals Accelerate Now. So how can you get the most out of this, and any other, virtual conference?
For the last two decades, China has been the dominant story for both the global economy and capital markets, as the country's immense growth and infrastructure investments have sustained commodity prices, and altered the balance of world economic power. That growth has come (or should have come) with the recognition that in almost every venture in China, public or private, the Chinese government is not just a player, but often the key player determining the venture's success and failure.
Phishing attacks on employees have increased in 70% of Singaporean organisations, said Sophos recently when releasing a report. In addition, the vast majority (70%) of all IT teams globally said the number of phishing emails hitting their employees increased during 2020, according to the report, adding that this rose to 82% globally of IT teams in organisations that had been struck by ransomware during the year.
What makes for a sought-after chief finance professional (CFO)? According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances. But these are table stakes of the profession.
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.
Accountancy bodies including ACCA and Chartered Accountants Australia and New Zealand (CA ANZ) recently urged professional accounts to make the necessary connections between artificial intelligence (AI) and its relationship to environmental, social and governance (ESG) dimensions. Polling more than 5,700 respondents across 21 countries and geographies, the research by the two professional bodies reveal indicate that fewer than half (43%) believing that the impact of AI on their rights as an indi
I’m Planful’s Chief Customer Officer (CCO). This means I have a responsibility for doing everything possible to create a consistent, value-focused customer experience, from the first time they interact with our brand to their continued retention as a loyal and satisfied customer. I’ve been deeply entrenched in this work for over 20 years and have a passion for it. .
Pay rises are making a comeback in Asia Pacific, said Willis Towers Watson recently. . Companies in the region plan to give employees larger rises next year as they recover from the economic fallout of the pandemic and face mounting challenges attracting and retaining employees, according to the latest Salary Budget Planning Report by the company. As a fast-growing region, markets in APAC will see the highest 2022 pay rises, while countries in North America and Western Europe are expected to sta
Risk management as we knew it has been catapulted by the ongoing pandemic, and accountants have been presented with an unmissable opportunity to reassess how they can add more value in this transformation. The post Rethinking risk for the future appeared first on FutureCFO.
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.
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