Remove Financial Reporting Remove Financial Systems Remove Numbers
article thumbnail

Nonprofit treasurer duties: Where you should focus

The Charity CFO

The major tasks of a treasurer can be summed up as follows: Operations management Oversight and compliance Strategic decision-making Operations management The operational tasks of a treasurer concern financial management. These tasks include organizing financial data into helpful reports to be presented to the other board members.

article thumbnail

Understanding and driving finance transformation in 2023

Future CFO

Is the company looking to improve the accuracy of its financial reporting, or to increase the efficiency of its financial close processes? Alternatively, are they looking at reducing costs related to financial processes? These metrics need to be concrete, measurable and directly linked to transformation outcomes.

Finance 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Case Study: Partnering with a Mission-Driven Organization

The Charity CFO

Essentially the focus on programs and results is dependent on the financial function. The Problem Unfortunately, when the financial system is not built for scale, it pulls the executive director into a position of spending time on financial minutiae. Do You Struggle to Make Sense of Your Financial Statements?

article thumbnail

Continuing value-creation for the digital CFO

Future CFO

Even as we compare the responsibilities of a CFO today versus just two years ago, the scope has changed quite significantly – for instance, as a McKinsey survey had highlighted, the number of functions reporting to CFOs is on the rise and have expanded from four roles two years ago to six discrete roles today.

CFO 52
article thumbnail

Guide to Avoiding a Year-End Financial Close Meltdown

Planful

To discuss the topic of financial reporting tips that will help create a smoother year-end close, Planful, in cooperation with CFO.com, invited thought leaders from The Hackett Group to participate in a webinar titled, The CFO Playbook on Financial Reporting: Tips for a Smoother Year-End Close.

article thumbnail

Is My Nonprofit Ready For Federal Grant Funding?

The Charity CFO

Those numbers may be skewed by some outliers, like education, but, regardless, there is still a lot of federal money up for grabs. You have an active Employer Identification Number (EIN), which would be issued and maintained by the IRS. You have been issued a DUNS number (Data Universal Numbering System).

Nonprofit 119
article thumbnail

Best Workforce Planning Software Tools for 2024

The Finance Weekly

Importance of Workforce Planning Tools Workforce planning involves analyzing and predicting the number of employees you need to achieve your business goals in the short and long term. FP&A team can compile the numbers and conduct scenario analysis. It helps with budgeting, forecasting, financial reporting, and workforce planning.