CFO Network

MARCH 11, 2024

SMBs should prioritize timely payment of invoices to maintain positive relationships with suppliers while taking advantage of any available discounts for early payment. Leveraging Technology for Cash Flow Management Technology plays a crucial role in modern cash flow management for SMBs.

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Accounts Payable Cash Flow Forecasting Invoicing Forecasting 52

CFO Plans

SEPTEMBER 24, 2024

By leveraging advanced software, businesses can streamline their accounting processes, reduce errors, and save valuable time. Platforms like QuickBooks and Xero provide real-time insights into financial data, enabling more informed decision-making and efficient tax preparation.

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Tax Planning Compliance CFO Risk Management 52

PYMNTS

OCTOBER 29, 2018

More than 670 professionals at mid-sized and large firms were asked about how they collaborate with human resources and IT departments, both areas of the enterprise that have significant impacts on financial management.

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CFO Corporate Finance Finance Risk Management 58

CFO Plans

SEPTEMBER 24, 2024

For instance, consider a local bakery that leveraged financial advisory services to streamline their expenses and increase profitability by 20% within a year. These professionals can help you develop a robust financial strategy, ensuring that your business remains profitable and compliant with tax regulations.

Tax Planning 52

Tax Planning Accounting Planning Budgeting 52

Bramasol

JANUARY 15, 2025

The Spread of Agentic AI Over the past two years, the rise of Generative AI applications, started by Open AI's ChatGPT and quickly followed by big players such as Google, Meta, Apple and more, have radically changed the world of business and personal usage cases for leveraging artificial intelligence.

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SAP Compliance Leverage B2C 54

The Finance Weekly

FEBRUARY 8, 2023

To stay ahead of the curve, CFOs must , embrace technology and invest in digital transformation initiatives that drive innovation and efficiency in financial management. This includes utilizing cloud-based solutions, automating manual processes, and implementing real-time analytics tools to gain deeper insights into financial data.

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CFO Prioritization Finance Communication 52

The Finance Weekly

NOVEMBER 20, 2023

AI integration in their FP&A function brings various positive outcomes: AI algorithms boost efficiency by swiftly handling large amounts of financial data, reducing the , risk of errors , and enhancing data integrity. Advanced AI solutions offer real-time analysis during data entry.

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Financial Planning and Analysis (FP&A) Finance Cash Flow Forecasting Forecasting 52

The Charity CFO

AUGUST 21, 2024

Misaligned goals and priorities: Fundraisers focus on securing funds quickly, while accountants prioritize accurate recording and management. Timing and urgency of information needs: The difference between when a team needs information can cause delays in gathering and reporting accurate financial data.

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Communication Accounting Nonprofit Budgeting 52

The Finance Weekly

MARCH 5, 2024

Next, came a new solution, Datarails Connect , which leverages Excel's success to transform it into a kind of self-service BI solution, enabling finance professionals to become truly independent by connecting their entire data stack to Excel in a simple and self-service manner.

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Financial Planning and Analysis (FP&A) Finance Leverage Cash Management 52

PYMNTS

OCTOBER 30, 2020

Businesses also prioritize having up-to-date financial status data that will enable them to carefully oversee liquidity across all their various bank accounts and to make accurate decisions. Managing Cash Flow Reporting in B2B. On the consumer side, [cash flow reporting is] not a concern,” Carter said. “If

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B2B Banking Economics Prioritization 59

CFO Talks

NOVEMBER 7, 2024

By working together, we can leverage diverse perspectives and expertise to develop innovative solutions. Professionally, my primary objective is to propel our business forward by leveraging advanced AI technologies. Proficiency in these areas can significantly enhance one’s ability to manage and interpret financial data.

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CFO Leadership Communication Finance 52

Spreadym

JUNE 27, 2023

Budgeting involves allocating resources and setting financial targets for various departments or business units within the organization. Financial Analysis: FP&A professionals conduct in-depth analysis of financial data to assess the organization's performance and identify areas for improvement.

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Financial Planning and Analysis (FP&A) Planning Financial Analysis Budgeting 52

CFO News Room

DECEMBER 26, 2022

In addition, taking a systematic approach towards participating in and using industry benchmarking studies also indirectly helps advisory firm owners overcome the challenges of collecting, organizing, and comparing their firm’s data. Traditional options to do so include tapping the advisor’s network (e.g., lawyers and accountants).

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Planning Benchmarking Profit and Loss Communication 130

The Charity CFO

AUGUST 15, 2023

Accountants deserve positions that leverage technology to improve the department and the organization and when they don’t get that, it creates a challenge. When you work in an environment that prioritizes these things, you’ll never have to wonder if everyone has the same goals.

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Nonprofit Accounting Profit and Loss Budgeting 52

Planful

OCTOBER 19, 2021

From there, you can decide how to leverage your financial acumen and recommend the best way forward. Organizations that don’t prioritize net-zero transition run the risk of having BlackRock voting against management and selling its shares. But corporate governance isn’t static. Recently, Larry Fink , CEO of BlackRock Inc.,

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) CFO Auditing Communication 40