Remove Financial Data Remove Financial Reporting Remove General Ledger
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Advanced Bookkeeping Techniques for Growing Businesses

CFO Share

This practice reduces clutter in your general ledger and minimizes the risk of errors. Strategically assess your software stack and determine which details belong in the general ledger and which should be managed by other systems. This keeps your books simple, clean, and focused on critical financial information.

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Today’s Business Budgeting; Can Your Spreadsheet Software Keep Up

Centage

With the fast pace of business change, CFOs need accurate financial information to make informed decisions on the fly. Accounting has evolved quite a bit since the early days of double-entry systems and general ledgers. Compounded over many rows, even a simple mistake can lead to faulty financial data.

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The Key Differences Between a Controller and a CFO in Small Businesses

CFO Share

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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How Data Guides A New Era For The ERP

PYMNTS

It’s a result, explained Gillette, of the legacy ERP no longer being suited to address the full range of businesses’ diverse financial and process management needs. He pointed to financial reporting as one example of this shift. Modernizing the ERP.

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Why Excel Spreadsheets Are Not Meant for Business Budgeting

Centage

Otherwise, you risk sharing incorrect financial data. Consolidating your financial data across several general ledgers quickly becomes complicated when you use spreadsheets. Fortunately, Planning Maestro offers cloud budgeting and planning software that simplifies the financial consolidation process. .

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The Basics of Nonprofit Bookkeeping

The Charity CFO

A bookkeeper records and organizes financial data; an accountant interprets and presents that data. . The nonprofit bookkeeper is the front line in the battle for the accurate financial data you need to run your business, so let’s review the core responsibilities of a nonprofit bookkeeper. . Manage payroll .

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NetSuite and Cube: how integrating your ERP and FP&A systems unlocks productivity

Cube Software

Most companies use an ERP to manage their General Ledger (GL). The GL serves as the cornerstone for all financial reporting and procedures, establishing the framework for financial data management. NetSuite is a popular ERP system built for organizations of all sizes.