CFO Talks

FEBRUARY 5, 2025

It requires careful planning, accurate numbers, and constant checking to make sure things stay on track. A business unit budget is a financial plan that outlines how much money a department expects to earn and spend. One important part of budgeting is forecasting predicting how much money will come in and go out in the future.

Budgeting 52

Budgeting SAP Financial Data Planning 52

Future CFO

SEPTEMBER 26, 2024

This is in the aim of producing timely financial data and other outputs, such as visualisations. Interpersonal skills are also important, as analysts and modelers can be tasked with communicating complex financial data to colleagues in other functions or locations, or with quickly educating senior leaders.

Forecasting 52

Forecasting Planning Budgeting Financial Data 52

Simply Treasury

JUNE 3, 2021

Major priorities over the next one to two years: We are not surprised that Cash-Flow Forecasting comes out on top when the COVID crisis has been hitting us for the past year. The uncertainties surrounding the economy explain the difficulty in producing reliable and accurate forecasts. Next comes the use of very promising API’s (i.e.,

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

FEBRUARY 14, 2017

Whatever they use, he said, these companies need the ability to manage and forecast their cash, and they do so in a very different way than other businesses. Before SaaS took off as a cloud-based, subscription industry, software companies really struggled to make accurate financial forecasts, he noted.

Financial Data 53

Financial Data Forecasting B2B Auditing 53

Future CFO

MARCH 3, 2025

By 2025, the traditional image of number-crunching accountants confined to back offices will be a relic of the past. The ability to analyse data, identify insights, and communicate those insights effectively is highly valued. The finance function is undergoing a seismic shift.

Finance 69

Finance Communication Leadership Profit and Loss 69

Future CFO

AUGUST 23, 2019

The days of manual, spreadsheet-based budgeting, planning and forecasting processes are numbered.

Forecasting 52

Forecasting Budgeting Planning Financial Data 52

Future CFO

JUNE 24, 2024

The basic concepts I always hold on to when it comes to financial statement analysis are as follows: The financial statements should tell the story of the period. The budget and forecast should reflect the Company’s plans, visions, expectations and educated guesses on the market trends. No coding is required.

Auditing 111

Auditing Financial Analysis Forecasting Reconciliations 111

Centage

SEPTEMBER 14, 2021

Today’s business budgeting and financial planning solutions must provide business insight in real time and let budget owners and planners collaborate with confidence in numbers. Compounded over many rows, even a simple mistake can lead to faulty financial data. Change is here.

Budgeting 96

Budgeting General Ledger Data Analysis Financial Data 96

Centage

SEPTEMBER 13, 2022

During turbulent times, your business can forecast and do scenario planning for the future with our forecasting and scenario planning tools at Centage. What Is Financial Forecasting? These trends can tell you more about what your business’s financial status may be in the future.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Forecasting Profit and Loss 98

Global Finance

SEPTEMBER 9, 2024

And while the latest tools of the trade—artificial intelligence (AI) and machine learning (ML)—promise to make tasks such as liquidity forecasting, cash management, and risk management easier, they come with their own complications and tie the treasury team even more closely into management’s strategic planning.

Treasury 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

CFO Talks

JANUARY 8, 2025

If someone struggles with presenting financial data, offer tips, resources, or even a mentor to help them improve. Expose the Team to Broader Perspectives A finance team can sometimes operate in a silo, focusing solely on numbers. Breaking out of this bubble is critical for growth.

Finance 52

Finance Budgeting Problem Solving Accounts Payable 52

Centage

OCTOBER 3, 2022

This accessible program can accomplish various tasks, such as financial forecasting and budgeting. Excel is an easy-to-use platform for inputting numbers and getting results with simple formulas. If your business has used Excel for financial forecasting, you may have found some challenges with the program.

Forecasting 52

Forecasting Budgeting Data Analysis Financial Modeling 52

Fpanda Club

SEPTEMBER 2, 2021

The list of typical FP&A activities usually includes planning, budgeting, forecasting, analysis, management reporting and performance management. Forecasting is the practice of making regular predictions about the company’s expected future results based on the past and present data as well as on the anticipated future events.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Forecasting 130

Collectiv

MAY 22, 2023

We live in a data-driven world. Accurate and timely business intelligence (BI) is critical to effective planning and forecasting. But organizations face many challenges in their data journey because every facet requires specialized knowledge and expertise to devise the best solution. Collectiv is like a BI Swiss Army knife.

Forecasting 52

Forecasting Planning Healthcare Sales 52

https://trustedcfosolutions.com/feed/

FEBRUARY 18, 2022

It used to be the domain of a relatively small number of wealthy families. As families continue to increase their wealth, family offices continue to grow and need to be able to organize and centralize the family’s business and personal financial affairs. Family offices are growing in popularity.

GAAP 116

GAAP IFRS Compliance Forecasting 116

Centage

SEPTEMBER 6, 2022

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. With its widespread use, some businesses may see Excel as their only solution for corporate financial planning.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

PYMNTS

JULY 5, 2017

For a chief financial officer (CFO), having technology — from ERP systems to cloud accounting and cash forecasting tools — has become paramount when deploying a successful growth strategy. But Born said the human element is the key that’s often missing in these innovations to corporate financial reporting.

Financial Data 52

Financial Data Auditing Financial Reporting CFO 52

Future CFO

APRIL 3, 2023

Leveraging data to offer informed decisions Going beyond RPA, the shift to the cloud and vast amounts of data now available means CFOs have an opportunity and expectation to broaden their focus to not only improve the bottom line, but to also contribute to the top line by leveraging data to provide actionable business insights.

Finance 96

Finance Forecasting CFO Leverage 96

PYMNTS

MARCH 4, 2020

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.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

CFO Talks

SEPTEMBER 28, 2024

Translating Financial Performance into Tangible Results: A CFO’s Guide In the dynamic world of finance, one of the greatest challenges for CFOs is translating financial performance into tangible results. Understand the Story Behind the Numbers Numbers tell a story, and as a CFO, you’re the storyteller.

Communication 98

Communication CFO Numbers Leverage 98

Centage

MAY 3, 2022

the maker of QuickBooks Online Advanced, to bring automated budgeting, forecasting, reporting and analytics capabilities to QuickBooks Online Advanced customers and mid-market organizations looking for cloud-based FP&A solutions. This transforms data into useful information that helps to accelerate business decisions.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Forecasting Data Analysis 98

CFO Thought Leader

FEBRUARY 24, 2025

Read More Still, the numbers looked promising, and so did the technology. Sitting in late-night calls, Koefoed listened to DataSenses University of Michigantrained engineers describe predictive models that could charge up OneStreams demand forecasting. Getting that talent on board could pay huge dividends, he recalls thinking.

CFO 40

CFO Forecasting Startups Investments 40

Planful

MARCH 24, 2016

Traditional spreadsheet-based budgeting and forecasting has numerous limitations and is often prone to error. Planning, Budgeting and Forecasting with Enterprise Performance Management (EPM). EPM software can improve the efficiency of the process, while minimizing errors and increasing the accuracy of forecasts.

Forecasting 40

Forecasting Budgeting Planning Accounting 40

CFO Leadership

JANUARY 5, 2024

Businesses can use it to generate product descriptions, performance goals with employee-specific target metrics, and narrative reporting to accompany financial data. Perhaps one of the most significant shifts worth noting is the growing number of e-invoicing mandates globally.

CFO 97

CFO Invoicing Cash Management Leadership 97

Centage

JUNE 7, 2022

Keep reading for best practices for impressing owners and employees alike as a new chief financial officer. Marry Finance With Strategy It’s not enough to provide accurate financial data. Master the Art of Analytics Of course, input is always better received when there’s data behind it.

CFO 97

CFO Forecasting Data Analysis Budgeting 97

Future CFO

FEBRUARY 3, 2021

Only 30% of F&A professionals and business leaders in Singapore are confident that the financial data used for financial analysis and forecasting is accurate, said BlackLine which recently released results of a survey. .

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Forecasting Financial Analysis Financial Data 40

Centage

JANUARY 9, 2024

While spreadsheets have long reigned supreme as the foundation of budgeting and forecasting for many organizations, the shortcomings of this legacy tool, and the silos it creates, have become impossible to ignore. It’s never a bad time to consider how to improve your overall budgeting and forecasting process.

Forecasting 40

Forecasting Budgeting General Ledger Planning 40

Centage

DECEMBER 7, 2022

the maker of QuickBooks Online Advanced, to bring automated budgeting, forecasting, reporting and analytics capabilities to QuickBooks Online Advanced customers and mid-market organizations looking for more robust and streamlined budgeting capabilities. Key Priorities & Requirements for Finance in 2023. Seamless Integration.

Budgeting 98

Budgeting Planning Forecasting GAAP 98

The CFO College

AUGUST 31, 2021

Using a rolling cash forecast is a value-add service you can provide to assist in cash forecasting. A rolling cash forecast will normally look forward 6 or 9 months, and each month the oldest month is removed and a new month added. The rolling cash forecast is one of many CFO-level skills we teach in our program.

Startups 81

Startups Accounting General Ledger Forecasting 81

Centage

DECEMBER 15, 2022

They need visual representations of multiple datasets layered on top of one another so that business managers can drill down to understand the results behind the numbers. This is why the most savvy companies have modernized their budgeting, forecasting and financial reporting processes by implementing a modern FP&A solution.

Financial Reporting 98

Financial Reporting Financial Planning and Analysis (FP&A) Profit and Loss Forecasting 98

Jedox Finance

JANUARY 23, 2020

Collection of organization-wide financial and non-financial data. Measurement of success and re-forecasting. Analysis and calculation of major KPIs. Set organizational, strategic, high level goals and targets. Cascade goals into functional areas of the organization. Target setting for select business drivers.

Financial Planning and Analysis (FP&A) 88

Financial Planning and Analysis (FP&A) Budgeting Data Analysis Forecasting 88

Planful

MARCH 16, 2016

This makes it difficult for companies to have confidence in their financial forecasts and models, resulting in a weakened ability to inform business decisions. The cloud also makes it easy to integrate operational and financial data, which increases accuracy and ensures forecasts are aligned with company goals.

Forecasting 40

Forecasting Financial Data Financial Modeling Budgeting 40

The Finance Weekly

SEPTEMBER 22, 2024

Essential Strategies for Improving Your Budget Forecast Delivering a compelling budget forecast presentation can significantly impact how stakeholders perceive your financial insights. Different stakeholders have varying levels of financial expertise, and their priorities will differ.

Budgeting 69

Budgeting Forecasting Compliance Economics 69

Centage

JULY 25, 2023

Risk of Errors with Excel Spreadsheets The risk of errors is one of the greatest challenges that businesses face when using Excel spreadsheets for budgeting and financial forecasting. To maintain multiple spreadsheets, you will be required to perform manual data entry. Otherwise, you risk sharing incorrect financial data.

Budgeting 98

Budgeting Financial Planning and Analysis (FP&A) General Ledger Forecasting 98

Jedox Finance

SEPTEMBER 3, 2020

The room for poor assumptions and missed forecasts shrank. In the old world, fragmented data, disconnected systems, and manual processes made this difficult, if not impossible. Cloud scenario planning platforms can now capture financial data and sub-ledger transactions in real time to provide constant feedback on cost and revenue.

Forecasting 81

Forecasting CFO Planning Budgeting 81

Centage

JANUARY 17, 2023

If, on the other hand, the office of finance has access to reporting and analytics tools with their accounting software that collates financial data from across the business, the financial analysis of the reasons for a positive or negative variance becomes clearer.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Planning Forecasting 98

CFO Plans

OCTOBER 4, 2024

By embracing accounting automation for startups , tech companies ensure their financial data is always on point, setting the stage for sharp decision-making. Efficient bookkeeping, paired with budgeting and forecasting for growth , equips tech companies to map out their financial journeys with confidence.

Management Consulting 52

Management Consulting Risk Management CFO Startups 52