2021

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5 Strategies to Build Business Credit Easily and Quickly

Business Credit Blogger

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 […].

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How Mexico’s Central Bank Plans To Move Payments To Digital

PYMNTS

In Mexico, the pandemic is moving the needle toward digital payments — specifically mobile payments — to become more widely embraced by businesses and consumers alike. Slowly. In an interview with PYMNTS' Karen Webster, Miguel Diaz , general director of payment systems and market infrastructures at the Central Bank of Mexico (Banxico), said that making and receiving payments across devices in an affordable manner, with faster payments infrastructure already in place, means that “every Mexican

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Get More out Your CRM: Tips for Better Sales Forecasting

Jedox Finance

The need to understand how to best manage the relationships a business has with its customers is not a new concept. Managing basic information such as who your customers are, where they are located, and what they want to buy was around long before the advent of desktop computers and the Internet. However, forecasting or predicting how much your customers want to buy or how well a business would perform in the future was much more difficult to achieve way back then.

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Five Critical Reports to Manage Your SaaS Business

The SaaS CFO

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 […].

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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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The ultimate guide to zero-based budgeting (ZBB)

Anaplan

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 […].

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Digital acceleration to drive finance leadership in 2022

Future CFO

According to the Gartner View from the Board of Directors 2021 survey , 69% of board members want to accelerate digital business. In response, 82% of CFOs report that investments in digital are accelerating faster than in other areas, including talent, supply chain, business services or fixed assets. What does this mean to the finance and accounting team of 2022?

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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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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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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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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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What the Surge in Real-Time Collections Means for Treasurers

Bank of the West

Trade publications have had plenty of coverage on real-time payments, but are just now starting to make headlines as transaction volume is expected to grow exponentially. Payment systems company ACI Worldwide called request to pay (R2P) “the global trend in payments for 2021” in a report published in March 2021. Mastercard launched a request to pay (R2P) framework in the UK in April on the heels of European payment infrastructure provider EBA Clearing’s November 2020 R2P launch

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New Prepaid Business Credit Card – Reports to Dun and Bradstreet and SBFE

Business Credit Blogger

New Prepaid Business Credit Card Not all businesses can get approved for a line of credit or unsecured business credit card. Whether it’s due to limited credit or negative credit or little to no business credit, a prepaid business credit card offers an ideal solution. With a pay-as-you-go option, the prepaid business credit card puts […]. The post New Prepaid Business Credit Card – Reports to Dun and Bradstreet and SBFE appeared first on Business Credit.

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Robinhood May Sell Shares Directly To Users If It IPOs

PYMNTS

Robinhood is considering selling shares directly to its users if it opts to hold an initial public offering (IPO). The FinTech group is reportedly mulling setting aside a significant number of shares for users if it goes public, but it has yet to make any final decisions, according to Bloomberg, who cited unnamed sources. Bloomberg notes that such an offering would be unusual, as retail investors generally do not get an opportunity to participate in an IPO at the offering price.

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Sales Performance Management: Connecting the dots to xP&A

Jedox Finance

Do you remember when a scanner, printer, copier, and fax machine used to all be separate devices? While that wouldn’t make much sense these days, think about revenue planning, data, and processes. Does it make sense to have a complete separation between your company goals, sales reps targets, and compensation models? In this blog post, we’ll look at how you connect the dots between Sales Performance Management and xP&A.

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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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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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Anaplan on Google Cloud: Enterprise planning with even more choice and flexibility

Anaplan

Enterprise planning looks and operates differently for every business despite the fact that end goals are similar: cutting costs, optimizing resources, and reducing processes while simultaneously increasing security, tightening compliance, and enhancing agility. Despite taking different routes to get from point A to point B, the common denominator is this: Successful, scalable planning is underpinned […].

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Tesla's Trillion Dollar Moment: A Valuation Revisit!

Musings on Markets

I have been writing about, and valuing, Tesla for most of its lifetime in public markets, and while it remains a company that draws strong reactions, it is also one that I truly enjoy valuing. It has been a while since my last valuation of the company, which occurred in January 2020, and given how much the landscape has changed since, partly as a result of the company's own actions and partly because of how COVID has upended its competitors in the automobile business, it is time to revisit the c

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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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Why is Oracle EPM Cloud so Groovy?

Qubix

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.

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AirAsia CFO: Failure is nothing to fear

Future CFO

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.

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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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A Finance Primer on the New Payments Ecosystem

Bank of the West

Structural changes have been spurring participants to evaluate the future of the business and their role. Payment gateway providers are becoming more sophisticated as they innovate to include value-added services to meet heightened customer expectations. Increased competition from fintech firms is also driving the development of this open and collaborative payments ecosystem.

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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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Three Tips for Driving a Customer-Centric Mindset

Planful

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 […].

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Jumio Sees Vaccine Passports Intersecting With Digital ID

PYMNTS

For the travel industry, there is light at the end of the tunnel. Vaccines against COVID-19 are (slowly) being rolled out. And while it will take a while to return to any semblance of normal, cruise ships and airlines will at some point once again bustle with travelers journeying for business and pleasure. But no matter where crowds gather, it’s likely that some things will change.

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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.

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Business and Leadership Growth: What Got You Here (Still) Won’t Get You There

ProCFO Partners

Management and leadership styles need to change as a company grows. The management style that works best at the early stages of a company, might not work when the company starts to grow. There are different management styles that suit different phases of business growth. These changes in management style happen gradually and all at once. Early on, the CEO is the primary decision-maker and team members are encouraged to contribute ideas during meetings.

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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.