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

CFO Share

Strategic Planning and Forecasting CFOs create long-term financial plans and forecasts. They analyze market trends and economic data to predict future financial performance and guide strategic decision-making. They regularly audit processes to maintain the integrity of financial operations.

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The Difference between a Bookkeeper, an Accountant, and a CFO

The Charity CFO

Common nonprofit bookkeeping tasks include: Recording donations Entering accounts payable and receivable Organizing and reviewing bank statements Maintaining the general ledger These everyday financial duties help bookkeepers provide a clear and up-to-date picture of the nonprofit’s financial status.

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Why Excel Spreadsheets Are Not Meant for Business Budgeting

Centage

Otherwise, you risk sharing incorrect financial data. One miscalculation may lead to major monetary loss, and if you notice mistakes in your Excel spreadsheets, you may want to consider switching to a more accurate software like Planning Maestro. Focus on results, regardless of how many locations, products, or entities you have.

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10 KPIs to Track Business Performance

The Finance Weekly

Financial KPIs provide insights into a business's financial well-being compared to its internal goals, competitors, and other industries. They are widely used in , strategic planning and reporting to guide investment decisions. Monitoring your business's financial performance closely is crucial for long-term success.

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Strategic Budgeting and Forecasting: Five Questions to Consider

Centage

Freed from the shackles of a siloed, legacy tool like Excel and managed instead within strategic FP&A solutions, budgets become living, evolving documents that finance teams can use as an in-house planning tool, updating monthly, quarterly or on an ad-hoc basis.

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Strategic budgeting and forecasting: Five questions to consider

Centage

Freed from the shackles of a siloed legacy tool like Excel and managed instead within dedicated FP&A software, budgets become living, evolving documents that finance teams can use as an in-house planning tool. Flexible FP&A software lets you update plans monthly, quarterly, or on an ad-hoc basis.