Future CFO

FEBRUARY 15, 2021

According to Terry Smagh , senior vice president & general manager, Asia Pacific & Japan, BlackLine, the company undertook the study is to understand and recognise the critical role that financial data plays in informing businesses about strategy and continuity, the poor visibility if any, and the lack of real-time access to data.

Financial Data 52

Financial Data Finance Benchmarking CFO 52

PYMNTS

APRIL 7, 2020

What we’re trying to do is leverage open banking to replicate a FedEx or Amazon experience where businesses know where their payment is at any given point of time, so they have real-time cash flow positioning.”. This ‘technology trust’ is something that FinTech companies can deliver.”. That is a powerful offering.

Leverage 83

Leverage Banking B2C B2B 83

The Finance Weekly

DECEMBER 30, 2021

For businesses, this might spell out the adoption of a new strategy, scheduling approach, or technology implementation. Technology implementation has been a popular course of action in recent years for many organizations. Moreover, how do you ensure data quality, security, and privacy as cybersecurity breaches stubbornly persist?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Technology CFO Leverage 52

Future CFO

JUNE 1, 2022

Rigid data silos have been replaced with more fluid methods of working as technology-enabled collaboration provides a comprehensive, company-wide, real-time overview for agility when plans change. It is not about becoming tech-dependent, but about leveraging its ability to accelerate processes with precision.

Technology 52

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

E78 Partners

OCTOBER 30, 2024

Changing economic conditions, technological advancements, and an increasing demand for quick decisions based on cross-functional data have fundamentally reshaped how businesses operate. Creating a ‘Single Source of Truth’ for Financial and Operational Data Accurate and reliable financial information is essential.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Marketing Forecasting Financial Modeling 59

PYMNTS

FEBRUARY 2, 2018

Information technology (IT) management solutions provider Kaseya, which targets managed service providers (MSPs) with its offerings, is linking up with small and medium-sized business (SMB) accounting firm Xero to help businesses gain greater control over their financial data. The companies said Thursday (Feb.

Financial Data 46

Financial Data Invoicing Accounting Firms Leverage 46

CFO Talks

SEPTEMBER 28, 2024

To translate financial performance into actionable results, start by understanding the key drivers behind your financial data. Bridge the Gap with Strategic Investments One of the most effective ways to translate financial performance into results is through strategic investments.

Communication 98

Communication CFO Numbers Leverage 98

CFO Plans

SEPTEMBER 24, 2024

Get Expert Financial Forecasting Services Now Understanding Small Business Financial Advisory Services Financial forecasting is an integral part of Small Business Financial Advisory services. These tools provide real-time data and analytics, enhancing the precision and reliability of your forecasts.

Forecasting 52

Forecasting Planning Strategic Planning Leverage 52

CFO Plans

AUGUST 23, 2024

Strategic Financial Planning and Tax Savings Tax Planning and Preparation Effective tax planning and preparation can significantly impact your business’s bottom line. A Fractional CFO leverages their in-depth knowledge of tax laws to ensure compliance and identify opportunities for tax savings.

CFO 52

CFO Tax Planning Leverage Budgeting 52

The Charity CFO

MARCH 22, 2024

A better way to make decisions is using data. Leveraging data for strategic decision-making has many benefits–from improving your efficiency to increasing the success rate of campaigns or strategies. Types of Data for Nonprofits The types of data a nonprofit might use for decision-making can vary between organizations.

Nonprofit 52

Nonprofit Leadership Benchmarking Leverage 52

Future CFO

OCTOBER 9, 2024

Risk Management: AI-driven applications can comprehensively analyze expansive amounts of financial data, identify trends and patterns, craft narratives, and suggest recommendations, thereby streamlining the process for time efficiency and enabling informed decision-making, offering a strategic advantage in speed and insight.

Risk Management 52

Risk Management Compliance Communication Leverage 52

Future CFO

AUGUST 21, 2023

Mark D McDonald “Just like any disruptive technology throughout history, AI will inevitably displace and replace some roles and skills, but new roles, skills, and opportunities will also emerge." What level of maturity in terms of experience at work and in the use of technology should a finance person have for AI to make a difference?

Finance 98

Finance Compliance Data Analysis Leverage 98

Future CFO

JULY 21, 2024

It is why the accounting profession is in need to keep up with the technological trends and not be caught off guard by the hurdles on the way, fully understanding the weight and importance of upskilling and reskilling. This transformation is an intertwined act of two complimentary forces: Sustainability and Technology," Abrol explains.

Finance 104

Finance Accounting Principles Problem Solving Accounting 104

CFO Network

MARCH 11, 2024

Leveraging Technology for Cash Flow Management Technology plays a crucial role in modern cash flow management for SMBs. Implementing cloud-based accounting platforms can enable SMBs to access financial data anytime, anywhere, and collaborate more effectively with their financial advisors.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Invoicing Forecasting 52

Spreadym

JULY 21, 2023

Digital transformation in finance refers to the process of integrating digital technologies and innovations into all aspects of financial services and operations within a financial institution or organization. What is a Goal of Digital Transformation in Finance?

Finance 52

Finance Prioritization Compliance Leverage 52

CFO Plans

AUGUST 30, 2024

Leveraging technology to streamline accounting processes is no longer a luxury but a necessity. Tech-Enabled Accounting Tools Revolutionizing Real Estate Modern technology offers a plethora of solutions to address these challenges, making real estate accounting more efficient and less prone to errors.

Accounting 52

Accounting CFO Compliance Leverage 52

Future CFO

MAY 15, 2024

Efforts to standardise reporting practices are also underway, and we see firms investing in technology to enhance their disclosure capabilities. Businesses can also leverage regulatory technology solutions that automate compliance monitoring, identify regulatory changes, and help organisations quickly adapt to new requirements.”

Finance 98

Finance Auditing Compliance Leverage 98

Bramasol

OCTOBER 2, 2024

However, SAP understands the critical role technology can play in creating promising results in addressing issues like climate change and creating a more circular economy. SAP green ledger provides bottom-up, audit-ready sustainability values that are managed with the same precision as corporate financial data.

SAP 84

SAP Prioritization Education Compliance 84

https://trustedcfosolutions.com/feed/

MARCH 30, 2023

Less Stress Leads to More Success: Why a Faster Monthly Close Is Key Faster and more accurate closing cycles ensure your advisors, CFOs, and controllers have up-to-date financial data to base important decisions. Regularly reconcile accounts: Instead of waiting until the end of the month, reconcile your accounts regularly.

Leverage 62

Leverage Financial Data Accounting Communication 62

Future CFO

NOVEMBER 15, 2023

Ervina Waty : Here are some key changes that CFOs might need to put in place: Enhanced Data Governance and Quality Control CFOs should implement stronger data governance practices to ensure the accuracy, consistency, and integrity of financial data.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Compliance 52

The Finance Weekly

SEPTEMBER 22, 2024

Leveraging Automation Automation is a viable solution for organizations struggling with staffing shortages. CFOs must budget for technology investments that support compliance, allocate funds for employee training, and ensure organizational flexibility to adapt to new regulations.

Budgeting 52

Budgeting Forecasting Compliance Economics 52

CFO Plans

JUNE 27, 2024

By leveraging tailored financial solutions, companies can drive growth and navigate the financial landscape with confidence. By leveraging the expertise of professional accountants, businesses can optimize their tax strategies and allocate resources more effectively. Get expert tax planning and maximize your savings.

Financial Reporting 52

Financial Reporting Tax Planning CFO Manufacturing 52

PYMNTS

DECEMBER 29, 2020

Consumer Bank Chief Digital Officer Mike Naggar said the FI aims to provide customers "a choice, convenience and control of their financial data. WEX Talks Bank Partnerships To Advance B2B Payments. Radius Bank Ramps Up SMB Services With Narmi.

Cash Flow Forecasting 123

Cash Flow Forecasting B2B Startups Financial Data 123

CFO Talks

SEPTEMBER 18, 2024

Leverage Asset Utilisation Maximizing the usage of your assets ensures that the capital employed in assets delivers maximum value. Use Data Analytics for Decision Making: Leverage financial data to assess the return potential of different projects before committing capital.

Auditing 52

Auditing Leverage Benchmarking 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

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.

CFO 52

CFO Finance Problem Solving Budgeting 52

PYMNTS

JUNE 24, 2020

Specifically, payments giants are buying up data aggregators, which let consumers share data with thousands of apps — and in the process are taking on the roles of trusted intermediaries as information flows across the financial services landscape. We’ll leverage expertise, and we’ll leverage technology.”.

Financial Data 105

Financial Data Leverage Banking Securities 105

CFO Plans

SEPTEMBER 24, 2024

Unlocking the Power of Virtual Accounting Services for Small Businesses Virtual accounting services for small businesses provide access to high-quality financial expertise without the hefty price tag. These services offer numerous benefits, including cost savings, flexibility, and access to a wide range of financial expertise.

CFO 52

CFO Startups Tax Planning Accounting 52

https://trustedcfosolutions.com/feed/

FEBRUARY 11, 2023

Leverage AI-Powered Technology The AI-powered technology of Sage Intacct is adding real value to accounting teams by analyzing and interpreting large amounts of data quickly, efficiently, and accurately. Scan thousands of journal entries in seconds based on specified parameters and build trust in your numbers.

Accounts Payable 62

Accounts Payable Reconciliations Leverage CFO 62

The Finance Weekly

FEBRUARY 21, 2024

This approach not only revolutionizes financial processes like reporting, budgeting, and forecasting but also significantly reduces the IT department's workload. This unique blend of comfort and advanced technology ensures finance teams can operate within a known environment while accessing the benefits of modern financial software.

Finance 40

Finance Benchmarking Data Analysis Leverage 40

CFO Share

DECEMBER 13, 2023

We understand the importance of precise financial data. Leverage technology. Our team uses the best technology on the market to be efficient while protecting your privacy. Accurate bookkeeping isn’t just a necessity—it’s the backbone of strategic decision-making. Relying on luck is not an option.

Auditing 52

Auditing Communication Leverage Accounting 52

Future CFO

AUGUST 7, 2024

As the business world veer towards constant changes--be it on technological advancements, regulations and policies, or sustainability standards and initiatives, it is imperative that Finance leaders know their way. CFOs will find it even more challenging to move into the space of non-financial data and customer data platforms."

CFO 86

CFO Data Analysis Budgeting Performance Measuring 86

Future CFO

SEPTEMBER 21, 2023

However, we may belittle it as a product of the late 70s technology, the spreadsheet remains a preferred first tool for organising ideas into some order – whether it is a list of people attending an event or expenses. Integration improves data accuracy, real-time changes, workflow, and repetitive spreadsheet activities.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Planning Technology 98

The Charity CFO

AUGUST 21, 2024

We’ll also look at the most effective strategies for improving communications and how technology can help bridge the gap. Timing and urgency of information needs: The difference between when a team needs information can cause delays in gathering and reporting accurate financial data.

Communication 52

Communication Accounting Nonprofit Budgeting 52

Bramasol

JULY 26, 2024

As shown below, everything that is needed can be combined within a unified architecture that leverages the inherent scalability of S/4HANA Public Cloud and SAP Business Technology Platform (BTP). Manual Processes: Reliance on manual data entry and spreadsheet-based reconciliations can be time-consuming and error-prone.

SAP 72

SAP IFRS GAAP Compliance 72

Future CFO

FEBRUARY 25, 2024

Blair Robinson Reimagine Finance Operations The CFO has the opportunity to leverage technology, data, and insights to model future business options and to critically analyze prior decisions. Considering all these, Kuralay and Robinson give tips to ensure that CFOs are future-ready for the business.

CFO 52

CFO SAP Finance Cash Management 52

The Charity CFO

APRIL 1, 2024

Implementing technology into your nonprofit accounting process can help solve a variety of issues—from tracking receipts to properly recording donations. In most cases, technology helps improve the efficiency and accuracy of nonprofit accounting. You’ll need to use the right technology systems to get these benefits.

Nonprofit 52

Nonprofit Accounting CFO Accounts Payable 52