CFO News Room

DECEMBER 16, 2022

One industry that tends to be recession-resistant is finance. After all, people will always need financial services, whether investing their money , taking out loans, or managing their taxes. And while the finance industry has seen its share of ups and downs over the years, it generally bounces back fairly quickly after a downturn.

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Future CFO

NOVEMBER 17, 2022

When it comes to cashflow visibility, under 4% of the 1,483 business leaders and finance and accounting executives from different countries report complete confidence, said Blackline recently. The post Cashflow visibility: Finance execs, C-suites report low confidence appeared first on FutureCFO.

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CFO Talks

AUGUST 15, 2024

Futuristic Finance: Strategic Thinking for Tomorrow’s CFO In an era where rapid technological advancements and global economic shifts are the norm, Chief Financial Officers (CFOs) are not just financial stewards but strategic visionaries. This frees up time for the finance team to focus on more strategic tasks.

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Future CFO

MAY 15, 2024

For instance, 87% of C-suites claim to have dedicated staff to oversee ESG reporting, yet only 68% of managers say this is so. More interestingly, 62% of executives claim their companies apply the same diligence to ESG reporting as they do to financial reporting. Only 32% of managers say the same.

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The Charity CFO

JULY 29, 2024

The effectiveness of a nonprofit’s finance committee can be a major factor in an organization’s success. An effective, engaged committee helps the organization proactively and effectively manage its finances to advance its mission. Are you worried your finance committee isn’t as effective as it should be?

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CFO Talks

AUGUST 21, 2024

Anticipating Financial Challenges: Strategic Measures for Corporate Finance As a CFO in South Africa or elsewhere in Africa, you’re no stranger to the financial hurdles that come your way. Economic shifts, new regulations, and technological changes constantly test your ability to keep your company financially stable.

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Future CFO

FEBRUARY 1, 2024

Among the things finance leaders must focus on for the new year is undoubtedly the rising interest and trend on sustainability. ESG reporting is likely to be more on the center stage in 2024 , making evaluation of the organisation’s governance structure and sustainability strategy an imperative to identify gaps in time to address them.

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Future CFO

MARCH 1, 2023

Gartner says finance transformation encompasses strategic initiatives designed to revolutionise the way the corporate finance function manages its strategy, processes, internal controls, and financial reporting. CFOs must accelerate their finance transformation journey towards autonomous finance or risk falling behind.

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Finance Benchmarking Compliance SAP 91

Future CFO

JANUARY 14, 2024

Trusting the cloud to manage financial data and reporting can be a game-changer for financial planning and analysis. Organisations can find several benefits when they invest in a cloud-based solution and finance leaders must be able to maximise such. A cloud-based platform ensures data is secure.

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CFO Leadership

OCTOBER 10, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals.

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The Finance Weekly

APRIL 13, 2024

Every modern enterprise, regardless of size, requires finance software to manage various aspects of its financial health. This includes tracking past financial activities, ensuring compliance and reporting, as well as forecasting future financial scenarios for better budgeting.

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Future CFO

FEBRUARY 22, 2024

The financial landscape is evolving at breakneck speed, driven by big data, globalisation, and digitisation. The pressure on finance leaders to deliver strategic insights and ensure compliance is mounting in this dynamic environment. The increased workload can hobble finance team productivity and limit their scope of analysis.

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Future CFO

JUNE 3, 2024

It is an undeniable fact that chief financial officers now must face matters on sustainability and dedicate ample time to understand the importance of sustainability reporting to harness potential benefits in operations and decision-making procedures.

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Finance Compliance Auditing Leverage 40

Future CFO

DECEMBER 31, 2021

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? The next stages of digital transformation will drive this growing demand for multi-skilled talent.

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Jedox Finance

JULY 11, 2023

According to KPMG, 65% of international dealmakers believe ESG is a key consideration when making investments and in merger and acquisition decisions, 1 and EY reports that 99% of investors use ESG disclosures as a part of their investment decision-making.

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CFO Talks

SEPTEMBER 13, 2024

In this role, I introduced a risk-based auditing approach and later became the bank’s financial manager. After a year in that position, I received a scholarship to pursue an MSc in Investment Management and Risk Finance at the University of Westminster in the UK. Nicolaas van Wyk: What an impressive career path!

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The Finance Weekly

NOVEMBER 8, 2022

A finance software stack is a list of top solutions that will produce the best results for finance teams. Finance is responsible for a large number of critical operations in a business. Here are the 7 best finance software solutions broken down into different categories: 1) Accounting. Low implementation times.

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The Finance Weekly

FEBRUARY 21, 2024

This new product is making waves by seamlessly integrating the entirety of a finance department's operations into the familiar environment of Microsoft Excel, paired with cutting-edge AI capabilities. This feature addresses one of the biggest challenges in financial reporting and analysis: the siloed nature of data across different platforms.

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The Charity CFO

NOVEMBER 23, 2022

The finance director role is critical to the success of any nonprofit, making it one of the most important hires an organization can make. They are responsible for the financial health of the organization. They create and maintain financial records, prepare financial reports, and oversee the organization’s budget.

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Lime Light

NOVEMBER 4, 2024

According to the 2024 Global Finance Trends Survey, 69% of finance leaders recognize the critical role of financial planning and profitability analysis in strategic decision-making. Interpreting financial data, especially complex datasets, can pose challenges, even for seasoned professionals.

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CFO Leadership

OCTOBER 18, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals.

Accounting 52

Accounting Finance Auditing IFRS 52

Future CFO

OCTOBER 1, 2019

Bonnet defined master data management (MDM) as the software and practices for ensuring that data, as held by the company, is clean, is used managing the data of a company, ensuring that the data is clean and adheres to good governance. How does MDM support the finance function?

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CFO Share

JULY 16, 2024

In contrast, a CFO is a more strategic financial professional, focusing on long-term planning, investor relations, and overarching financial strategy. Purpose of the Role The controller ensures financial reporting compliance and accuracy while preventing and detecting fraud.

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Planful

JULY 20, 2018

It’s enough to make your already frantic job in finance a tedious and manual copy-and-paste career. Now finance teams can quickly build dynamically refreshed management and financial reports directly within Microsoft Excel, Word, and PowerPoint. No manual data entry. Well, there’s good news.

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Centage

SEPTEMBER 7, 2021

Finance needs to support sales leaders (in this particular instance) by continuing to ask why until you find an area to adjust and help. This is what only looking at traditional financial reporting is like. Finance at the Speed of Business. Only understanding why are you able to adjust to the actual situation.

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CFO Share

JUNE 18, 2024

As your business grows and success becomes more tangible, the complexities of managing your finances increase as well. Whether you’re working with a bookkeeper or virtual bookkeeping services , adopting advanced techniques can significantly improve your financial management. Operations – validates inventory records.

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CFO Plans

SEPTEMBER 24, 2024

Did you know that businesses can reduce their financial management costs by up to 40% with the right accounting solutions? In today’s fast-paced business environment, managing your finances efficiently is paramount to success. By leveraging the cloud, businesses can access their financial data anytime, anywhere.

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CFO Talks

AUGUST 28, 2024

Understanding the Regulatory Framework South Africa’s regulatory environment is governed by a myriad of laws and standards that mandate specific reporting obligations. These include the Companies Act, the Tax Administration Act, the Financial Sector Regulation Act, and the International Financial Reporting Standards (IFRS), among others.

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The Finance Weekly

MARCH 25, 2024

(GOOGL) stock worth over $20 million, his financial portfolio is quite diversified. Anthony Noto Anthony Noto, a famous finance executive and former NFL exec, now wears the CEO and CFO hats at a fintech company named SoFi. Ianniello is well-known in finance circles. They're all about keeping the company's finances in good shape.

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PYMNTS

JULY 5, 2017

But Born said the human element is the key that’s often missing in these innovations to corporate financial reporting. “Many reporting solutions offer predictive algorithms to predict a future result using historical and external data,” he said. These facts can be audited back to the source.

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CFO Plans

SEPTEMBER 24, 2024

Embrace Virtual Accounting Services for Startups For startups, managing finances can be particularly challenging. Take, for example, a tech startup that used virtual accounting to manage its finances remotely, saving on overhead costs and allowing for real-time financial tracking.

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The Charity CFO

AUGUST 21, 2024

Timing and urgency of information needs: The difference between when a team needs information can cause delays in gathering and reporting accurate financial data. Transparent Financial Reporting Accountants provide a variety of financial reports for the board of directors and other stakeholders.

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Future CFO

SEPTEMBER 8, 2022

Environmental, social and governance (ESG) programs can pose unique challenges to finance chiefs charged with maximizing returns. He suggests that having good governance and good ESG performance can also help you attract investors and even get access to new sources of financing like green bonds or sustainability-linked loans.

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The Charity CFO

OCTOBER 9, 2024

For nonprofits, GAAP ensures transparency, accuracy, and consistency in financial statements. Accurate and transparent financial data makes it easier for stakeholders and regulators to understand an organization’s financial health. Need some help interpreting your financial data? Get the free guide!

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Cube Software

AUGUST 29, 2023

An ERP system , or enterprise resource management system, is a software solution that helps companies manage day-to-day operations like accounting, procurement, HR, finance and more. The GL serves as the cornerstone for all financial reporting and procedures, establishing the framework for financial data management.

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E78 Partners

OCTOBER 30, 2024

A strategic FP&A capability built on the right infrastructure of data, insights & collaboration allow our clients to enhance forecasting, streamline budgeting, and adapt quickly to risk & opportunities that arise in the business. This approach helps eliminate these issues and enables more informed decision-making.

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CFO Plans

SEPTEMBER 24, 2024

In today’s dynamic business environment, small businesses face a myriad of financial challenges. The need for strategic financial planning and real-time financial reporting has never been more critical. These services encompass everything from bookkeeping and payroll to tax preparation and financial analysis.

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