https://trustedcfosolutions.com/feed/

NOVEMBER 30, 2022

From sales (Salesforce/Hubspot), to A/P (Bill.com/Routable) to A/R (Harvest), this ecosystem provides for the continuous flow of data to the general ledger. This allows for better forecasting and creating accurate what-if scenarios to boost efficiency. The Right Software is Smart Software.

General Ledger 108

General Ledger Compliance Forecasting Finance 108

Centage

JANUARY 3, 2023

The software offers users an accurate way to plan, budget, forecast, and communicate financial performance. Connectivity: Our software can automatically integrate with your general ledger for budget analysis, offering a clearer picture of your company’s financials.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) General Ledger Budgeting Forecasting 98

Centage

OCTOBER 3, 2022

This accessible program can accomplish various tasks, such as financial forecasting and budgeting. If your business has used Excel for financial forecasting, you may have found some challenges with the program. Why Businesses Use Spreadsheets for Financial Forecasting. Disadvantages of Excel for Financial Forecasting.

Forecasting 52

Forecasting Budgeting Data Analysis Financial Modeling 52

Future CFO

AUGUST 1, 2023

Supriya Deka: The general features of financial applications include accounting, reporting & analytics, bank reconciliation, billing & invoicing, asset management, budgeting & forecasting, financial risk management, expense tracking, and payroll management.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

The CFO College

AUGUST 31, 2021

Using a rolling cash forecast is a value-add service you can provide to assist in cash forecasting. A rolling cash forecast will normally look forward 6 or 9 months, and each month the oldest month is removed and a new month added. The rolling cash forecast is one of many CFO-level skills we teach in our program.

Startups 81

Startups Accounting General Ledger Forecasting 81

Centage

JANUARY 3, 2024

As we ring in a new year and brace for all of the opportunities and challenges it will bring, one resolution should be near the top of the list for finance professionals: embracing flexible financial forecasting to future-proof your annual budget. Financial forecasting gives businesses the agility to adapt to changing conditions.

Forecasting 40

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

Focus CFO

JUNE 16, 2023

He has served as the full-time CFO of 2 companies and has extensive experience in general ledger accounting, financial planning, modeling and analysis, cash forecasting, cost reduction, capital structures, contract negotiation, and successful exits.

General Ledger 52

General Ledger Leadership Manufacturing Forecasting 52

CFO Share

MAY 22, 2024

Without clear financial statements, it’s challenging to understand your business’s financial health, forecast cash flows, and manage expenses effectively. Take the time to examine your item masters, product codes, general ledger mappings, and the structure of your chart of accounts. Ignoring the system setup.

Profit and Loss 105

Profit and Loss General Ledger Financial Reporting Accounting 105

Centage

JULY 25, 2023

Risk of Errors with Excel Spreadsheets The risk of errors is one of the greatest challenges that businesses face when using Excel spreadsheets for budgeting and financial forecasting. Consolidating your financial data across several general ledgers quickly becomes complicated when you use spreadsheets.

Budgeting 98

Budgeting Financial Planning and Analysis (FP&A) General Ledger Forecasting 98

Centage

JANUARY 9, 2024

While spreadsheets have long reigned supreme as the foundation of budgeting and forecasting for many organizations, the shortcomings of this legacy tool, and the silos it creates, have become impossible to ignore. It’s never a bad time to consider how to improve your overall budgeting and forecasting process.

Forecasting 40

Forecasting Budgeting General Ledger Planning 40

PYMNTS

MARCH 4, 2020

Similar challenges have emerged in the traditional ERP’s ability to meet modern financial planning, cash flow forecasting, and risk analytics needs, he added. These applications tend to back right into the General Ledger, the central financial data repository at the heart or ERP core financials,” he said.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

Cube Software

AUGUST 29, 2023

Most companies use an ERP to manage their General Ledger (GL). An ERP system , or enterprise resource management system, is a software solution that helps companies manage day-to-day operations like accounting, procurement, HR, finance and more. NetSuite is a popular ERP system built for organizations of all sizes.

General Ledger (GL) 52

General Ledger (GL) General Ledger Financial Data Financial Reporting 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. ERPs, General Ledgers, HRIS) to ensure scalability and adaptability. Offers a quick overview of the General Ledger. by employee, position type).

Financial Planning and Analysis (FP&A) 52

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

The Charity CFO

JULY 19, 2024

Common nonprofit bookkeeping tasks include: Recording donations Entering accounts payable and receivable Organizing and reviewing bank statements Maintaining the general ledger These everyday financial duties help bookkeepers provide a clear and up-to-date picture of the nonprofit’s financial status.

CFO 52

CFO Accounting Nonprofit General Ledger 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. ERPs, General Ledgers, HRIS) to ensure scalability and adaptability. Offers a quick overview of the General Ledger. by employee, position type).

Financial Planning and Analysis (FP&A) 52

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

Future CFO

AUGUST 2, 2021

Collaboration between financial planning and analysis (FP&A) and business and operations teams when forecasting and planning is greater in organisations within Asia Pacific than those in North America and multinationals, said the Association for Financial Professionals (AFP) recently when releasing results of a survey.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) General Ledger Forecasting Corporate Finance 40

PYMNTS

FEBRUARY 25, 2020

They need the remittance data, whether it’s incoming or outgoing, to be able to sync up with their general ledger system.”. Other key areas of opportunity for corporates to improve B2B payments exist outside the scope of the payment and into fields like financing, cash flow management and forecasting.

B2B 69

B2B Accounts Payable General Ledger Reconciliations 69

Embark With Us

JANUARY 19, 2022

Put another way, with Alteryx involved, information from disparate data sources can flow into your chart of accounts or general ledger without the manual heavy-lifting that's traditionally plagued accounting functions. Needless to say, it's crucial to every aspect of your operations, not just FP&A.

Accounting 98

Accounting Finance Data Analysis General Ledger 98

Planful

JANUARY 3, 2017

General ledger accounting. The data in an ERP system is typically summarized in the general ledger module. Orchestrating and managing a rolling forecast process. Let’s take a look at how an EPM suite handles some of these processes – starting with budgeting, planning, and forecasting. Fixed asset management.

General Ledger 40

General Ledger Budgeting Forecasting Cash Flow Forecasting 40

The Finance Weekly

NOVEMBER 3, 2021

Account reconciliation is the matching and validating of balances in the general ledger (GL) to internal and external sources or other independent calculations to accurately close month-ends and year-ends. For both internal and external sources, each balance has to match the corresponding account in the general ledger.

Reconciliations 52

Reconciliations Accounting General Ledger (GL) Finance 52

Bramasol

SEPTEMBER 8, 2024

Event-based revenue recognition is fully integrated with the General Ledger and the recognition data is stored in the same location as cost and revenue data. With Universal Parallel Accounting, you can benefit from the flexibility of the parallel ledgers not only in General Ledger Accounting but also in various subledgers.

SAP 58

SAP General Ledger Compliance Accounting Standards 58

The Finance Weekly

MARCH 1, 2022

At this stage of maturity, the FP&A function or team is frequently a component of other financial entities such as accounting, treasury, or the finance function in general, with roles and responsibilities that are not clearly defined and processes that lack formal description. The toolkit is the final component.

Financial Planning and Analysis (FP&A) 52

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

Planful

NOVEMBER 10, 2016

For example, the integration of financial data from general ledgers (GLs) and operational data from human capital management (HCM) and other sources is required to support the financial consolidation and reporting process. Historic financial results are also required to support periodic forecasting, as well as rolling forecasts.

General Ledger 40

General Ledger Budgeting Forecasting Financial Data 40

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.

SAP 79

SAP IFRS GAAP Compliance 79

Planful

SEPTEMBER 10, 2015

ERP includes a general ledger which summarizes all of the details from other modules like purchasing, accounts payable, and accounts receivable. For instance, Enterprise Resource Planning software tracks materials from the procurement phase through production to the paid-in-full deliverable product.

Planning 40

Planning General Ledger Accounts Payable Budgeting 40

The CFO College

JUNE 3, 2021

Acquiring these advanced types of services, like setting up a permanent audit trail, rolling cash forecast, month-end reporting, and strategic planning, is the secret sauce your potential client needs to know how their money flows in and out of their company (and what their financial future will look like).

Accounting 52

Accounting CFO Auditing General Ledger 52

PYMNTS

NOVEMBER 6, 2019

Synchronoss also offers GL (general ledger) coding to each expense on an invoice, while providing supply chain and finance teams with visualized reports to not only analyze past expenses, but aggregate historical data for accurate, actionable forecasting.

Invoicing 40

Invoicing Accounts Payable General Ledger Forecasting 40

Creative CFP

OCTOBER 2, 2020

There is drill-down functionality available from the general ledger, and you can click right through to the supplier invoice. I never had time for the exciting things, like forecasting and presenting valuable business insights to business owners and helping them to grow their business.

Accounting 52

Accounting Finance Cash Flow Forecasting General Ledger 52

Planful

NOVEMBER 12, 2019

Financial planning is built around general ledgers, accounts, journal entries, cost centers, debits and credits. Whereas Marketing is more deeply involved with their dynamic plans before the quarter even starts, making sure sales has enough pipeline to cover their quotas and forecasts.

Planning 40

Planning General Ledger Forecasting Finance 40

Spreadym

JULY 10, 2023

Subsidiary Ledgers and Reconciliations: Subsidiary ledgers, such as accounts receivable and accounts payable, are reconciled to the general ledger to ensure consistency and accuracy. These entries correct errors, allocate costs, or reclassify transactions to the appropriate accounts.

Financial Planning and Analysis (FP&A) 52

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

CFO Thought Leader

AUGUST 5, 2024

His approach to Lean extended to leveraging AI for forecasting and inventory management, exploring opportunities to further streamline operations. Upon joining BVI Medical in 2023, Patriacca continued to champion Lean principles. He established a Center of Excellence in Poland, centralizing operations to enhance efficiency and scalability.

CFO 52

CFO Accounts Payable Finance Manufacturing 52

CFO Talks

FEBRUARY 20, 2024

The conversation delves into the evolving landscape of the telecom industry, the impact of technology on business models, and the necessity for CFOs to embrace change and innovation, particularly in leveraging AI for forecasting and strategic planning. It helps you actually look into the future and forecast. And that’s all.

Leadership 52

Leadership CFO Accounting Finance 52

Onplan

NOVEMBER 30, 2022

Finance professionals and teams today have numerous solutions available to help them plan, budget, forecast, and analyze financial information. OnPlan is a financial modeling and forecasting tool built by financial planners and analysts. Budgeting and rolling forecasts, as well as what-if scenario planning. Key features.

Financial Planning and Analysis (FP&A) 52

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