The Charity CFO

FEBRUARY 20, 2025

Administrative Costs : Operational essentials such as technology, office supplies, and HR fall into this category. Prioritize Cash Flow Management Even a great budget can fall short without strong cash flow management. Encourage department heads to regularly review financial reports for greater accountability.

Nonprofit 52

Nonprofit Budgeting Prioritization CFO 52

The Charity CFO

MARCH 13, 2025

Maintain Detailed Financial Reporting Your nonprofits accounting system should allow you to generate detailed reports on every dollar spent. If you dont have real-time access to financial reports, its time to upgrade your processes or invest in better financial management technology.

Nonprofit 52

Nonprofit Auditing Compliance Leadership 52

Future CFO

MAY 31, 2023

Technology has made financial reporting easy for everyone involved in the process, from the finance and accounts team preparing reports to the regulators, investors, and others who use those reports. That said, technology is only one aspect of the reporting process.

Finance 98

Finance General Ledger Prioritization Auditing 98

Future CFO

AUGUST 1, 2023

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. Automating the reporting process can help identify errors and potential frauds, improve forecasting and budgeting, understand sales trends, and so on.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

NOVEMBER 21, 2016

Researchers agreed that this shows a continually high level of interest in the financial technology and innovation space among investors, despite the overall drop in VC funding. More than half of CFOs will boost investment in outsourced financial reporting , found the latest data from EY. and Europe dominated in 2015.

Investments 74

Investments Prioritization Startups Financial Reporting 74

The Finance Weekly

JANUARY 1, 2023

2) The Importance of Trustworthy, Independent SOC Reports in FP&A. Some tips from the article include how to consolidate data, how to prioritize KPIs, why it’s important to use integrations, and the best way to conduct financial automation. Read the FP&A Software Solution Comparison here. Read the , full article.

Finance 98

Finance Compliance Economics Forecasting 98

CFO Leadership

OCTOBER 10, 2023

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. But it’s a heavy lift and it requires skill sets you may not have in-house.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

Fpanda Club

FEBRUARY 1, 2021

Though some activities, such as financial reporting, budgeting and forecasting are periodic, they are always characterized by tough deadlines to be respected. Working with large data sets, making complex calculations and logical conclusions should not be an issue for you. Resilience to stress and ability to work under pressure.

Finance 130

Finance Communication CFO Prioritization 130

Bramasol

JULY 22, 2023

The CSRD is intended to revamp and expand information that was already required to be reported since 2017 under the EU’s existing Non-Financial Reporting Directive (NFRD). The CSRD is part of the EU’s European Green Deal and the Sustainable Finance Agenda.

IFRS 82

IFRS Accounting SAP Compliance 82

The Charity CFO

JULY 2, 2024

If this feels relatable, this article will walk you through the steps you need to modernize your nonprofit operations–from adopting technology solutions to improving data security. Once you have a clear picture of your current operations, you can start prioritizing pain points.

Nonprofit 52

Nonprofit Auditing Prioritization CFO 52

Centage

DECEMBER 7, 2022

Earlier this year we announced that we’d teamed up with global technology firm Intuit Inc. , Here are 4 priorities finance teams should be focusing on today: Improve reporting – it’s important to get a strong handle on the metrics of your business – those drivers of your business that you can track and analyze and move your business.

Budgeting 98

Budgeting Planning Forecasting GAAP 98

The Finance Weekly

OCTOBER 9, 2022

As organizations implement new technologies and launch digital initiatives meant to modernize or wholly transform their operations, effective finance and IT collaboration can help to assure that the organization realizes positive outcomes from those investments. IT can assist Finance with Business Reporting.

Finance 98

Finance Budgeting CFO Forecasting 98

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.

CFO 58

CFO Corporate Finance Risk Management Finance 58

The Charity CFO

JULY 1, 2024

Let’s explore the key factors to consider when researching nonprofit accounting services–from the firm’s expertise to its technology recommendations–so you can be sure you’re getting the nonprofit accounting your organization needs. Technology and Tools The modern world is built on technology, and nonprofits are no different.

Nonprofit 52

Nonprofit Accounting Budgeting Accounting Firms 52

CFO Talks

MARCH 14, 2024

The position of Chief Financial Officer has evolved significantly over the past few decades. No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

CFO Plans

MAY 2, 2024

Whether you operate in technology, hospitality, manufacturing, trading, or property management, ensure that your chosen partner has a deep understanding of your industry’s unique challenges and opportunities. This knowledge will be invaluable in developing tailored financial strategies that fit your business perfectly.

Accounting 52

Accounting Problem Solving Communication Compliance 52

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. Misaligned goals and priorities: Fundraisers focus on securing funds quickly, while accountants prioritize accurate recording and management.

Communication 52

Communication Accounting Nonprofit Budgeting 52

CFO Talks

OCTOBER 10, 2024

By identifying key profit drivers and improving financial reporting , the business was able to grow efficiently and profitably. Whether you’re an SME seeking cost-effective financial leadership or a large organization needing specialized support, fractional CFOs are proving to be a game-changer for businesses worldwide.

Leadership 98

Leadership CFO Communication Financial Reporting 98

The Charity CFO

OCTOBER 9, 2024

Modern nonprofit leaders are always looking for ways to use technology to make everyday tasks easier. This makes it challenging to create technology that tracks data for fundraising purposes while still following accounting principles. Instead, accounting software prioritizes accuracy, standardization, and regulatory compliance.

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

CFO Talks

AUGUST 21, 2024

Anticipating Financial Challenges: Strategic Measures for Corporate Finance As a CFO in South Africa or elsewhere in Africa, you’re no stranger to the financial hurdles that come your way. Economic shifts, new regulations, and technological changes constantly test your ability to keep your company financially stable.

Corporate Finance 52

Corporate Finance Finance Cash Flow Forecasting IFRS 52

PYMNTS

JUNE 12, 2019

Azoulai continued, “Goodwill prioritizes sustainability over ownership, and we’re proud to bolster their rapidly growing eCommerce operations by making it easier for people to purchase items from across the country.”. Other Goodwill member organizations are also tapping into technology platforms.

eCommerce 58

eCommerce Prioritization Auditing Sales 58

VCFO

JUNE 29, 2023

A CFO will evaluate financial performance, and bring attention to potential issues. They also rely on the CFO’s leadership, providing up to date communication, and accurate financial reporting. Additionally, a fractional CFO can add capacity by taking on select projects and provide specialized expertise as needed.

Nonprofit 67

Nonprofit Finance CFO Compliance 67

Future CFO

OCTOBER 2, 2019

Finance departments can save their teams from 25,000 hours of avoidable rework caused by human errors by deploying RPA in their financial reporting processes, said Gartner recently. However, only 29% of RPA Adopters have implemented the technology for financial reporting, according to the advisory firm.

Finance 40

Finance Financial Reporting Prioritization Accounting 40

The Charity CFO

JUNE 27, 2024

You’ll likely have to prioritize the most important roles to hire for immediate success. Identifying opportunities to use technology to streamline processes and reduce costs. Ensuring transparency and accountability in the financial practices of the organization. Do You Struggle to Make Sense of Your Financial Statements?

Nonprofit 52

Nonprofit Leadership Strategic Planning Communication 52

The Charity CFO

JULY 3, 2023

Check in with them regularly to ensure they understand: How the goals apply to the mission What their role is in achieving the goal How they should be measuring progress Stakeholders, from the board and donors to employees, can help prioritize goals and allow leaders to zero in on the ones that are most critical to success moving forward.

Nonprofit 52

Nonprofit Analyzing Data CFO Prioritization 52

The Finance Weekly

APRIL 27, 2022

If formal policies are not in place, first prioritize where to start (i.e., Following that, refine the policies as necessary as you go along (policies affected by technological advances and the transition to remote/hybrid work should be consistently revisited). The key policies need to be documented. Leverage closing checklists.

Leadership 52

Leadership Financial Planning and Analysis (FP&A) Communication Reconciliations 52

Spreadym

JUNE 27, 2023

This includes analyzing revenue and expense trends, profitability, cost drivers, key performance indicators (KPIs), and financial ratios. Resource Allocation: Financial Planning and Analysis helps organizations allocate their resources effectively. They analyze key financial metrics, ratios, and profitability drivers.

Financial Planning and Analysis (FP&A) 52

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

CFO Talks

OCTOBER 1, 2024

Role of Data and Technology: The potential of data as a strategic business asset, but underutilization in South Africa due to regulatory and economic barriers. Comparisons between South Africa and other countries, where open data initiatives and technology sectors are more advanced. Why is this important for CFOs? IFRS, US GAAP).

Leverage 52

Leverage Investments Economics Accounting 52

Planful

JANUARY 11, 2022

In 2018, McKinsey reported that CFOs who didn’t adopt digital innovations like artificial intelligence (AI) were in danger of falling behind their counterparts in IT and marketing. When the COVID-19 pandemic hit two years later, it forced businesses to prioritize digital to stay afloat. Essential Terms.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40

The Charity CFO

AUGUST 15, 2023

Outdated workplace: Technology isn’t the wave of the future, it’s an essential element in today’s workplace. Accountants deserve positions that leverage technology to improve the department and the organization and when they don’t get that, it creates a challenge. Do You Struggle to Make Sense of Your Financial Statements?

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

The Charity CFO

MARCH 2, 2022

I don’t know if my financial reports are inaccurate. You’ve seen a lot of financial reports. Tosha Anderson: But the funny thing is running the financial reports in a modern accounting system does not take any time hardly at all. I don’t know what, I don’t know. So you need to be.

Nonprofit 98

Nonprofit Auditing Reconciliations Accounting 98

The Finance Weekly

AUGUST 7, 2024

Simplifies and automates the financial reporting process, saving time and reducing errors. Vena's standout feature is its deep integration with Microsoft technology, utilizing a native Excel interface at its core. Vena, in contrast, prioritizes enhancing collaboration within teams.

Financial Planning and Analysis (FP&A) 52

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

Spreadym

JUNE 19, 2023

Categorize and prioritize your expenses to identify essential versus discretionary spending. This flexibility helps to configure the reporting process considering all peculiarities of business. Reporting Limitations: Some users have reported limitations in terms of advanced reporting capabilities in FreshBooks.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Accounts Payable 52

The Finance Weekly

NOVEMBER 25, 2024

The survey reveals that finance professionals see AI as particularly valuable in automating processes like: Financial Reporting (26%) - By handling repetitive tasks like consolidating reports, AI frees finance teams to focus on strategic analysis. It’s the new currency of career advancement in finance.

Finance 52

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

The Finance Weekly

FEBRUARY 8, 2023

Furnari previously served as Vice President of Finance at Dynatrace, a global technology company. He has also held financial leadership roles at Nuance Communications, Wyless, and Mimecast. As a CFO, success requires a broad understanding of business operations, technology trends, and regulatory requirements.

CFO 52

CFO Prioritization Finance Communication 52

The Charity CFO

MARCH 7, 2025

Streamline Easier Tasks : as an owner of a few businesses, I have leveraged technology to make sure the easy tasks stay easy. The Power of Community and Strategic Retreats Prioritizing your wellbeing is a critical component but lets shift gears to focusing on working on the business rather than in the business. Get the free guide!

CFO 97

CFO Nonprofit Prioritization Accounting 97

The Charity CFO

DECEMBER 30, 2024

Supportive Work Environment: The organization prioritizes creating a workplace where employees feel valued and supported. Leveraging Technology: Miller emphasized the importance of staying current with technology, not just for operational efficiency but also for attracting tech-savvy talent. Book a FREE consultation here.

Nonprofit 52

Nonprofit Leadership Performance Measuring CFO 52