CFO Talks

MARCH 4, 2025

Thats why businesses need rolling forecasts instead of rigid budgets. Instead of setting a financial plan in stone for 12 months and hoping for the best, rolling forecasts allow businesses to update their budgets every few months based on real-time data. Predictive analytics Past sales patterns can help forecast future demand.

Budgeting 52

Budgeting Forecasting Invoicing Sales 52

Spreadym

JUNE 6, 2023

Financial forecasting refers to the process of estimating or predicting future financial outcomes and performance based on historical data, trends, and assumptions. Financial forecasting is a critical aspect of financial planning and decision-making for businesses, organizations, and individuals.

Forecasting 52

Forecasting Budgeting Planning Financial Modeling 52

CFO News Room

DECEMBER 24, 2022

Economists have been forecasting a recession for months now, and most see it starting early next year. It forecasts additional rate hikes, up to about 5.1% in 2023, and it does not forecast a recession. ” The central bank forecasts unemployment could rise next year to 4.6% April 6, 2020. related investing news.

Forecasting 130

Forecasting Economics Marketing Banking 130

Future CFO

MARCH 10, 2025

It empowers finance leaders to forecast financial trends, optimise cash flow , and improve capital allocation. Effective integration of AI technologies Integrating AI into existing financial systems poses unique challenges for organisations.

Finance 52

Finance Invoicing Compliance Leverage 52

Future CFO

SEPTEMBER 2, 2024

For example, AI automates risk management and cash forecasting processes using machine learning to generate more accurate and timely predictions,” he elaborates. In what ways can finance enhance the organisation’s business resilience against regional disruptions through advanced AI-driven planning and forecasting?

Compliance 116

Compliance Leverage Forecasting Risk Management 116

Centage

MAY 31, 2022

For truly effective forecasting, businesses and financial departments need to find new ways of assembling and analyzing data. The Need for Accurate Forecasting It’s no secret that accurate forecasting is essential in today’s complex economy. In fact, Centage’s survey revealed that improved reporting was the No.

Financial Planning and Analysis (FP&A) 92

Financial Planning and Analysis (FP&A) Forecasting Planning Analyzing Data 92

PYMNTS

AUGUST 6, 2020

In an interview, the London-based executive projected that a transition to an all-blockchain-based financial system, with all assets and liabilities native to that, could happen in “the next five to 10 years,” CNBC reported. “So PYMNTS noted this spring that Goldman Sachs has shifted its forecast on bitcoin.

Forecasting 103

Forecasting Currencies Financial Systems Finance 103

Global Finance

OCTOBER 10, 2024

Bangladesh has suffered years of financial system dysfunctionality. Still, the full extent of the malfeasance of Hasina’s Awami League regime is set to emerge, as Mansur described the “designed robbery of the financial system” in a BBC interview given shortly after his appointment. in 2023 and is forecast to hit 5.8%

Benchmarking 98

Benchmarking Foreign Exchange Forecasting Economics 98

Future CFO

FEBRUARY 2, 2025

Charlie Cheah , managing director, Esker Asia , believes that CFOs and in a bigger context, the Office of the CFO in Asia, face several challenges when integrating AI into financial systems, given the region's diverse technological landscape. "In

Accounts Payable 52

Accounts Payable Accounting Invoicing CFO 52

Future CFO

DECEMBER 31, 2021

According to Gartner , finance leaders anticipate a greater percentage of their time will be spent in improving flexibility of budgeting & forecasting (58%), closely followed by developing digital skills (56%) and redefining employee value proposition in hybrid environments. What does this mean to the finance and accounting team of 2022?

Leadership 98

Leadership Finance GAAP Forecasting 98

Simply Treasury

JULY 12, 2021

These companies are often managing finance and treasury on separate financial systems which are poorly integrated, if integrated at all. From the complexity, lack of integration and absence of dedicated tools, big issues and problems arise over time. creating huge dangers for investors and stakeholders.

Treasury 130

Treasury Cash Flow Forecasting Concentration Finance 130

Lime Light

NOVEMBER 17, 2024

Cube FP&A is a well-known financial planning and analysis (FP&A) tool that has gained popularity for its ability to streamline financial reporting, budgeting and forecasting processes.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Budgeting Forecasting Financial Systems 40

PYMNTS

MAY 13, 2020

Seegolam noted that any digital currency would need to be distributed via the current banking system to steer clear of the risk of putting the island’s financial system in an uneven position. The action was, for the most part, forecasted after a court took the side of the U.S. In other news, JPMorgan Chase & Co.

Currencies 61

Currencies Banking Forecasting Financial Systems 61

PYMNTS

FEBRUARY 20, 2020

So, on Thursday, major Chinese lenders reduced their one-year loan prime rate, a key number used across the Chinese financial system, by 0.1 S&P also forecast that China’s annual economic rate could fall as low as 4.4 S&P had previously warned China that it would face a surge of bad loans numbering up to $1.1

Forecasting 52

Forecasting Manufacturing Financial Systems Banking 52

Future CFO

NOVEMBER 21, 2023

Despite recent data signalling continued disinflation in major developed economies, the continued resilience of the US consumer could yet lead to an ‘even-higher-for-even-longer’ interest rate scenario should demand data be stronger than expected and exceed central bank forecasts, the credit rating agency noted.

Credit Risk 52

Credit Risk Valuation Forecasting Financial Systems 52

BlueLight

JUNE 2, 2020

How should we adjust the forecast going forward? Year-to-Date (YTD) & Full Year Forecast Source: Wall Street Prep The image above is a sample budget vs actual variance analysis. The left section is budget vs actual performance year-to-date and the right section is the full year budget and forecast. per sales representative.

Budgeting 52

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

Adam Kae

JULY 17, 2023

In this blog post, we will explore key financial strategies that can help you effectively scale your agency and drive long-term success. From budgeting and forecasting to optimizing revenue streams, we'll cover essential considerations to empower your agency's growth journey.

CFO 52

CFO Marketing Cash Flow Forecasting Forecasting 52

Global Finance

JULY 26, 2024

According to Anand Sampath, managing director and head of global payments, collections & implementation at FAB, APIs are revolutionizing corporate treasury functions in the Middle East by enabling greater automation, efficiency, and integration across financial systems. in 2023 but is forecast to pick up again to 3.6%

Cash Management 52

Cash Management Treasury Cash Flow Forecasting Forecasting 52

Spreadym

JUNE 27, 2023

FP&A is a process used by organizations to develop and manage their financial plans and make informed decisions based on financial analysis. It involves forecasting, budgeting, analyzing, and reporting financial information to support strategic planning and operational decision-making. annual or multi-year).

Financial Planning and Analysis (FP&A) 52

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

Michigan CFO

JUNE 7, 2023

Virtual CFOs offer a range of financial services tailored to the specific needs of businesses. Virtual CFOs act as strategic partners, helping businesses navigate financial challenges and capitalize on opportunities. Insights for Growth and Profitability: Virtual CFOs conduct profitability analysis and identify growth opportunities.

CFO 52

CFO Problem Solving Budgeting Financial Systems 52

The Finance Weekly

DECEMBER 20, 2023

Task Automation Workforce planning tools help streamline tasks by automating processes such as demand forecasting, supply analysis, and scenario planning. Cube ,, Cube is a tool that assists organizations in managing their finances, budgets, forecasts, and headcount planning. Connects with various financial systems.

Financial Planning and Analysis (FP&A) 52

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

Beacon CFO Plus

SEPTEMBER 27, 2023

These are just a few reasons to consider working with a seasoned part-time CFO as you launch your business: Financial Strategy and Planning: Startups often lack the financial expertise needed to develop sound strategies and plans for sustainable growth.

Startups 52

Startups Compliance CFO Financial Modeling 52

Bramasol

JULY 26, 2024

The Expected Cost Plus Margin method involves forecasting your company's expected costs for satisfying a performance obligation and then adding an appropriate margin for the good or service. GAAP, IFRS) for various countries and ensuring accuracy in financial reporting can add significant complexity and time to the close process.

SAP 79

SAP IFRS GAAP Compliance 79

Global Finance

SEPTEMBER 4, 2024

However, doing innovation sometimes means competing with the financial sector for people. In the recent past, with Pix [Brazil’s instant payments system] and Open Finance, for example, we have lost people to the financial system. This touches both the administrative and financial autonomy that we seek.

Banking 105

Banking Economics Currencies Finance 105

The Finance Weekly

DECEMBER 20, 2023

Task Automation Workforce planning tools help streamline tasks by automating processes such as demand forecasting, supply analysis, and scenario planning. Jedox ,, Jedox is a software platform designed for business planning, budgeting, and forecasting. Integration with various data sources like HR systems and payroll systems.

Financial Planning and Analysis (FP&A) 52

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

PYMNTS

APRIL 23, 2020

While we are experiencing an uncharted global pandemic, we recognize that our connected ecosystem will be significantly affected, undoubtedly reshaping many aspects of how businesses function — even though experts believe the financial system is stronger now than during the last financial crisis in 2008.

Vendor Management 63

Vendor Management Forecasting Financial Systems Planning 63

Future CFO

SEPTEMBER 14, 2020

Forecasting will also become more challenging because COVID-19 has introduced a lot of uncertainties. A lot of FP&A depends on this type of data for forecasting. Without data, it becomes difficult to forecast “because we don’t carry a crystal ball,” said Gunarso. But they will face immense challenges from the onset.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Forecasting Planning Foreign Exchange 52

Spreadym

MAY 15, 2023

FP&A (Financial Planning and Analysis) software is typically designed to meet the specific needs of finance professionals, CFOs, financial analysts, and other stakeholders involved in financial planning and analysis. Also, this process includes such activity as budgeting, forecasting and scenario modelling.

Financial Planning and Analysis (FP&A) 52

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

Beacon CFO Plus

MARCH 12, 2024

Create accurate cash flow forecasts to anticipate potential cash flow gaps and actively manage working capital. Evaluate your company’s current financial systems and identify areas for improvement and automation. Implement cost control measures, negotiate contracts, and advise on strategic cost-saving initiatives.

Cash Flow Forecasting 52

Cash Flow Forecasting CFO Financial Analysis Invoicing 52

Planful

JULY 12, 2021

. “Finding ways to seamlessly integrate new technology that blends well with your existing business diagnostics and general financial system is key.” ” The ideal functions suited for financial planning automation are repetitive and rule-based. Provide Quick Forecasts for Better Decisions.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Forecasting Budgeting 40

Future CFO

MAY 6, 2020

Fitch forecasts that China's economic growth will slow to 0.7% China faces more pressure to improve regulatory framework In addition, Chinese authorities will face increased pressure to improve the regulatory framework to allow the financial system to cope better with the increase in credit events, Fitch said. .

Finance 52

Finance Economics Banking Forecasting 52

PYMNTS

APRIL 8, 2016

Lendified announced last week the acquisition of Mentio, a cash flow forecasting company using data from cloud-based financial systems to analyze and predict the future performance of a business. The Cash Flow Forecasting Legacy. Should they partner with third parties?” That doesn’t mean everyone does it, though. “A

Cash Flow Forecasting 40

Cash Flow Forecasting Forecasting Finance Cash Management 40

Planful

JANUARY 28, 2016

Due to being such a dynamic and high-growth industry, budgeting and forecasting is a challenging process. The webinar focuses on the difficulties that high-growth biotech companies face in the planning and forecasting process. ” In addition to being labor-intensive, Tantoco emphasized that their former system was prone to errors.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Forecasting Budgeting Pharmaceutical 40

Onplan

DECEMBER 16, 2021

To understand your financial health and growth prospects, consider how often your company provides services, and how often customers pay for them. They forecast revenue based on accurate pipeline data and continuously track the relationship between bookings, billings, and revenue. The most successful SaaS businesses look forward.

GAAP 59

GAAP Invoicing Accounting Forecasting 59

Planful

NOVEMBER 24, 2015

Putting Stress on Financial Systems. One of the biggest challenges may be in long overdue rehabilitation of their existing financial systems. There are several common problems with many of the accounting and financial systems in use today. Acquisitions often bring their diverse systems into the mix, too.

Accounting 40

Accounting Finance Financial Systems Budgeting 40

CFO Plans

SEPTEMBER 24, 2024

However, with the advent of scalable accounting solutions, businesses of all sizes can streamline their financial operations and focus on growth. Imagine having a seamless financial system that not only saves you time but also propels your business forward.

Accounting 52

Accounting CFO Compliance Financial Reporting 52

Cube Software

SEPTEMBER 22, 2023

Tailor sections (budgeting, forecasting, etc.) Link calendar to financial systems if required and offer training to users. to company needs, promote collaboration, facilitate reviews, integrate quarterly and year-end summaries, etc. Review and approve. I ntegrate and train.

Budgeting 52

Budgeting Finance CFO Planning 52