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Belize is well-known for its coral reefs and scuba diving, including the Great Blue Hole , which Jacques Cousteau called one the five best dive sites in the world. Now, Belize may help save its coral reefs through bonds. Belize has a "superbond" outstanding, which is a combination of previous bond restructurings. The par value of $572 billion is part of Belize's 133 percent debt-to-GDP ratio, which the International Monetary Fund has stated is unsustainable.
Traditionally, finance teams have always worked on-premises, either due to security risks or limited access to data. But that was in a world before COVID-19. Now, the future of finance is looking remote—61% of financial services CFOs say “they plan to make remote work permanent for roles that allow it.” As your finance teams look […].
Did you know that outsourcing can save your business money ? It’s true! Outsourcing business functions like accounting can save you time and money. If you’ve been wanting to learn more about how outsourced accounting can actually save your business money, we’ve put together the ultimate guide. Keep reading to learn more about outsourced accounting and how outsourcing this business element can improve your overall business operations.
Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.
Adapting to xP&A (Extended Planning and Analysis, or what we call FP&A 2.0 ) means more than adopting new technology. For accounting and finance teams to successfully become trusted advisors in their enterprise, they must start viewing their role in a whole new way. Change management is essential when introducing any new technology or tool, but maybe not for the reasons that you think.
As a CFO, your mind is constantly on finances: Where’s the money coming from? How’s cash flowing through the business? And, of course, what are the best ways to allocate your company’s capital? If that’s where your head is at, it’s in the right place. As CFA Ryan Barnes puts it, “Capital allocation decisions are […]. The post Best Capital Allocation Practices for CFOs in 2021 appeared first on Planful.
As a CFO, your mind is constantly on finances: Where’s the money coming from? How’s cash flowing through the business? And, of course, what are the best ways to allocate your company’s capital? If that’s where your head is at, it’s in the right place. As CFA Ryan Barnes puts it, “Capital allocation decisions are […]. The post Best Capital Allocation Practices for CFOs in 2021 appeared first on Planful.
Shifting ideas and ideals are impacting your ability to plan for next year and beyond. From pandemic realities to acknowledging the “ Great Resignation ”, new energy on diversity in the workplace, and employees embracing a more personal, relationship-driven work experience, the modern business leader and business must adapt not only to keep up, but to lead.
What Is A Virtual CFO, Exactly (And Why Do I Need One?). First of all, what is a virtual CFO exactly? And why does your business need one? Take a look at everything you need to know today. Keyword(s): virtual cfo. The average salary for a CFO in the United States is $395,820. If you’re an entrepreneur or a small business owner, this figure might make you panic.
Managing people effectively is key in withstanding future crises, said the Association for Financial Professionals (AFP) recently when releasing results of its 2021 AFP Risk Survey supported by Marsh McLennan. In a poll of 272 treasury practitioners, the survey found that 84% of respondents believe managing people effectively during a crisis will assist them in coping better during the next crisis, AFP pointed out.
Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.
by Rob Joseph, Director, BeaconCFO Plus. What comes to mind when you picture a CFO at work? You might imagine an individual wearing a suit, seated alone at a mahogany desk in a corner office. He stares at spreadsheets on his laptop and occasionally punches numbers into a calculator. This perception of what a CFO does is common, but it is incomplete.
Accounting and finance specialists have been battling new obstacles for the past year. While some businesses fought to stay afloat due to declining demand, others were on the point of going bankrupt. In addition, digital services accelerated dramatically in 2020. The finance industry in specific is ready to be equipped to implement long-term initiatives in 2021.
Regent Assay is pleased to announce that it has acted as the exclusive financial advisor to FOLAN on its acquisition of Mainframe Communications. The acquisition of manufacturer Mainframe Communications sees the company enter the UK market through a well-known player already firmly established in the rapidly expanding fibre sector. Created in 1988 and owned until now by its founders, brothers Ian and Bill Carter, the company is known for its expertise in the design, assembly and distribution of
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
The number of countries developing central bank digital currencies (CBDCs) has dramatically increased as consumer preferences for digital payments shifted more rapidly as a result of the coronavirus pandemic, said Moody’s recently. The advancement of CBDCs has also been driven by the rise of stablecoins and the acceleration of digitalisation, while financial inclusion, security costs of cash, reducing informality and improving payment efficiency, especially in emerging markets, are other catalys
by Rob Joseph, Director, BeaconCFO Plus. Technology is an asset to every organization. Think of where we were before laptops and smartphones and 5G high-speed Internet. For those of us in the financial industry, technology has given us an alternative to the infamous spreadsheet. Many organizations have realized that while Excel has its place in the accounting world, there are far more dynamic and collaborative tools available that should be utilized.
Why do you think up to half of organizations don't , measure their digital transformations ? Because it can be challenging. And, let's be honest, deciding on key performance indicators (KPIs) for digital transformation isn't the most thrilling element of the process. It is, nonetheless, necessary for success. Because you have defined KPIs for digital transformation, you can perform early check-ins on your progress and make changes and course corrections to boost your chances of success.
Loans can help you quickly access the necessary funds to invest in either building or expanding your business. Although you may be eager to jump at the prospect of quickly acquiring "starter money," navigating the lending process can be daunting. Before you step forth to conquer the mountain of paperwork and bureaucracy that it takes to acquire an SBA loan , you want to review your application qualifications and get organized.
Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.
CFOs and other business leaders: Are you prepared for increasing your organisation’s budget for improved inclusion in a hybrid work setting? According to Gartner , organisations that effectively manage the transition to a hybrid work environment and employ sustainable initiatives can boost inclusion by 24%. Prior to the COVID-19 pandemic, many of the ways organisations fostered inclusion were designed for a mostly on-site world, including employee resource groups (ERGs) and their sponsorship of
Do you know how much debt your business has? What your cash flow is like? How your revenue last year compared with your revenue 5 years ago? If you’re a business owner and you can’t easily answer these questions, there is a good chance you need to consider financial analysis. Financial analysis can help you get a better idea of your organization’s larger financial picture.
Imagine a world where financial reports are delivered in real-time without your direct involvement and you stop working late nights, weekends, and during your family vacations? As the CFO or Venture Capitalist of a Private Equity Fund, you may already have an ERP system in place. Most companies are running Netsuite, Great Plains, or possibly QuickBooks. .
As a CFO, your mind is constantly on finances: Where’s the money coming from? How’s cash flowing through the business? And, of course, what are the best ways to allocate your company’s capital? If that’s where your head is at, it’s in the right place. As CFA Ryan Barnes puts it , “Capital allocation decisions are vital in determining the future of the company and, as such, are some of the most important responsibilities of company management.”.
As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R
Hong Kong’s export index in Q3 fell 9.7 points back to its first-quarter level of 39.0, after rising for five consecutive quarters, said the Hong Kong Trade Development Council ( HKTDC ) recently. Business confidence in Hong Kong's exports for the near term has been undermined by continuing uncertainties over the pandemic and surging transportation costs, HKTDC Director of Research Nicholas Kwan noted.
Belize is well-known for its coral reefs and scuba diving, including the Great Blue Hole , which Jacques Cousteau called one the five best dive sites in the world. Now, Belize may help save its coral reefs through bonds. Belize has a "superbond" outstanding, which is a combination of previous bond restructurings. The par value of $572 billion is part of Belize's 133 percent debt-to-GDP ratio, which the International Monetary Fund has stated is unsustainable.
“I think we need a CFO”. This is what we hear from business owners who contact us. The truth is often they don’t. Outsourced, fractional, or interim CFOs seem to be everywhere. You see them on LinkedIn pitching their services every day. Maybe you’ve met a couple on the golf course playing around with friends. Most owners hear the words “Financing” or “Strategy” and convince themselves that’s what they need.
A hybrid workforce is a challenge to organisations as 61% of respondents to a survey said they struggle to provide the necessary remote security to support work-from-home capabilities, said Palo Alto Networks recently. That’s according to results of the vendor’s recently released The State of Hybrid Workforce Security 2021 report, based on a survey of of more than 3,000 enterprise IT professionals in multiple markets involved in information security, network operations and application developmen
Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
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