CFO Talks

MARCH 5, 2025

Follow standard accounting rules In most industries, this means using IFRS (International Financial Reporting Standards) or IFRS for SME (International Financial Reporting Standard for Small and Medium-sized Entities) to prepare financial statements.

IFRS 52

IFRS Auditing Compliance Financial Data 52

Bramasol

SEPTEMBER 29, 2023

The first is the Financial Accounting Standards Board (FASB) in the United States. The other is the International Accounting Standards Board (IASB), whose rules for financial reporting are known as International Financial Reporting Standards (IFRS). More details on climate issues below.)

Technology 88

Technology IFRS SAP Compliance 88

Bramasol

JULY 26, 2024

In addition to highlighting trends such as the Digital Solutions Economy (DSE), industry-focused solutions, and SAP initiatives like artificial intelligence and S/4HANA cloud, this Insights Series will also periodically provide answers to the top questions that we hear from our clients and partners.

SAP 79

SAP IFRS GAAP Compliance 79

Bramasol

JANUARY 27, 2023

These new leasing standards represent more than just an accounting change, with far-reaching and profound implications on lease/buy decisions, internal process coordination and financial reporting. SAP Contract and Lease Management (CLM) is a leading end-to-end solution for managing contracts for both lessors and lessees.

Compliance 79

Compliance IFRS SAP Accounting Standards 79

The Finance Weekly

DECEMBER 2, 2024

Problem 1: Using Old and Cumbersome Excel Models Many of us have developed a financial reporting process that uses workarounds for limitations in our ERP software and to ensure we can meet our deadlines without accidentally breaking something. This makes what is likely an already time-consuming task even slower.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 52

Bramasol

APRIL 28, 2022

Within the SAP ecosystem, SAP Analytics Cloud (SAC) has become an important unifying capability for pulling together disparate information from both SAP and non-SAP applications, giving users the ability to analyze, plan, predict and report all in one place.

Financial Planning and Analysis (FP&A) 80

Financial Planning and Analysis (FP&A) SAP Planning Forecasting 80

Bramasol

MARCH 24, 2022

From a global perspective, the International Sustainability Standards Board (ISSB) is also working on developing uniform financial reporting rules. If adopted by December 2022, the new disclosure requirements would be phased in over Fiscal Years 2023 through 2025, depending on companies' SEC registration types.

Accounting 75

Accounting SAP Analyzing Data IFRS 75

CFO Talks

NOVEMBER 29, 2024

For example, we transitioned payroll management from Excel to SAP, reducing errors and improving efficiency for over 950 employees. CFOs will need to lead the way in incorporating sustainability metrics into financial reporting and decision-making. Internally, we overhauled controls and processes.

Finance 98

Finance Profit and Loss CFO Leadership 98

Spreadym

SEPTEMBER 27, 2023

SAP Business Planning and Consolidation (BPC): SAP BPC is part of the SAP ecosystem and offers comprehensive financial planning and consolidation capabilities. It integrates with other SAP solutions and has strong reporting and analytics features.

SAP 59

SAP Budgeting Forecasting Auditing 59

Future CFO

FEBRUARY 1, 2024

According to Susanna Hasenoehrl , head of sustainability for Asia Pacific & Japan at enterprise application software company SAP , sustainability can no longer be considered separately to the finance function because it is increasingly clear that sustainability performance is fundamentally linked to business performance.

Finance 52

Finance SAP Auditing IFRS 52

Future CFO

FEBRUARY 11, 2024

By accurately managing all APs the business is ensured it complies with appropriate tax regulations, contractual obligations, and financial reporting standards. It also allows you to accurately project cash flow – an important indicator of a company’s financial health.

Accounts Payable 52

Accounts Payable SAP Invoicing Accounting 52

The Finance Weekly

FEBRUARY 23, 2022

A study by the University of Baltimore and Excel-based FP&A company, , DataRails , lays out the full economic costs of businesses sticking with manually prepared financial reports. billion is the first number that came out of the research and this represents the total amount of money lost by manual financial work.

Financial Planning and Analysis (FP&A) 83

Financial Planning and Analysis (FP&A) Profit and Loss Budgeting Math 83

Future CFO

MARCH 1, 2023

Gartner says finance transformation encompasses strategic initiatives designed to revolutionise the way the corporate finance function manages its strategy, processes, internal controls, and financial reporting. Gartner Gartner research finds that 85% of finance teams today are in the middle of a finance transformation initiative.

Finance 91

Finance Benchmarking Compliance SAP 91

Future CFO

FEBRUARY 22, 2024

Additionally, CFOs are now required to oversee compliance beyond traditional financial reporting, which extends to new areas such as ESG," Chee adds. Imagine effortlessly accessing and analysing data from SAP HANA, Oracle, or Microsoft SQL Server. These challenges, like tangled vines, impede progress.

Financial Planning and Analysis (FP&A) 97

Financial Planning and Analysis (FP&A) Finance Compliance SAP 97

Future CFO

MARCH 11, 2021

Laura Houldsworth, SVP and general manager at SAP Concur, says tax management involves financial analysis and decision making. Proper tax management can lead to lower effective tax rates, better business decision-making, and greater accuracy in financial reporting," according to Houldsworth.

SAP 52

SAP CFO Finance Compliance 52

Future CFO

MARCH 13, 2023

She also posited that the ability to prove to top management that financial reports and analyses have strategic relevance and value is just as important as it enables management to be better placed to define opportunities ahead. Wong added that it is important to have open communication and improved employee engagement to build trust.

Finance 98

Finance Financial Planning and Analysis (FP&A) Leadership Pharmaceutical 98

The Finance Weekly

JULY 19, 2022

FP&A teams are responsible for a variety of activities, including periodic financial close and consolidations, strategic and annual planning, monthly forecasting, cash flow forecasting, financial reporting, financial modeling, and what-if scenario planning and analysis. Very Good). 3 Key Pointers.

Financial Planning and Analysis (FP&A) 96

Financial Planning and Analysis (FP&A) Forecasting Budgeting Planning 96

Spreadym

OCTOBER 3, 2023

Financial Modeling Software: Tools like Microsoft Power BI, Tableau, or specialized financial modeling software can be valuable for data visualization and creating interactive financial models. Expense Management Software: Expense management tools like Concur or Expensify can assist in tracking and managing company expenses.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Financial Analysis Financial Modeling Budgeting 59

Future CFO

AUGUST 30, 2021

According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. What makes for a sought-after chief finance professional (CFO)? These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

AUGUST 30, 2022

It is a financial planning and analysis platform that automates time-consuming manual processes for financial reporting and planning. A few examples are full integrations with SAP, Microsoft Dynamics, Oracle E-Business Suite, PeopleSoft, NetSuite, Infor, and many more.

Financial Planning and Analysis (FP&A) 95

Financial Planning and Analysis (FP&A) Analyzing Data Budgeting Startups 95

The Finance Weekly

MAY 29, 2024

Vena Foundation for FP&A offers tools for financial planning and analysis, including data integration and analysis. Automate financial reporting tasks to save time, allowing for a greater focus on analysis and insights. Simplify regulatory reporting and minimize errors.

Financial Planning and Analysis (FP&A) 52

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

Spreadym

JULY 10, 2023

Post-Close Activities: After the books are closed, post-close activities may include archiving financial records, preparing management reports and analysis, conducting financial reviews, and initiating the next period's accounting processes. They facilitate collaboration, version control, and document sharing among team members.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

The Finance Weekly

JANUARY 21, 2024

Problem 1: Using Old and Cumbersome Excel Models Many of us have developed a financial reporting process that uses workarounds for limitations in our ERP software and to ensure we can meet our deadlines without accidentally breaking something. This makes what is likely an already time-consuming task mind-numbingly slow.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 40

Planful

JUNE 3, 2021

Robust data integration is built into some platforms to provide a single source of truth, making the financial consolidation process easier. Planful integrates with more than 100 source systems, both on-premises and cloud-based, including Acumatica, Sage, Microsoft Dynamics, and SAP, to name a few.

Compliance 40

Compliance Reconciliations Currencies Finance 40

The Finance Weekly

AUGUST 30, 2022

It is a financial planning and analysis platform that automates time-consuming manual processes for financial reporting and planning. A few examples are full integrations with SAP, Microsoft Dynamics, Oracle E-Business Suite, PeopleSoft, NetSuite, Infor, and many more.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Startups Analyzing Data Budgeting 52

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). As an SAP partner for over 26 years, Bramasol is closely tracking SAP's proactive actions to deliver comprehensive ESG and carbon accounting solutions.

IFRS 81

IFRS Accounting SAP Compliance 81