3 Steps to Make CFOs Champions of the Data Revolution Posted: November 20, 2019 CFOs are well suited to help companies harness the power of data and embrace a forward-looking approach. Following three steps can help, starting with determining which metrics truly matter.
Making Inclusion a Priority for the Board Posted: November 12, 2019 Whether it’s a board of directors or board of trustees, today’s boards are more diverse than they were even five years ago. When an inclusive culture also exists at an organization, true change is possible. It’s a board’s responsibility to help govern an organization with an awareness of both diversity and inclusion policies.
Finance Teams Avoid RPA for Financial Reporting Posted: October 7, 2019 Companies are implementing robotic process automation, but some are reluctant to apply the technology to the financial reporting process. Reasons include the perception of a low return on investment and a hesitancy to replace human judgment, according to Gartner.
Building Efficiency in Accounts Receivable Posted: October 7, 2019 Cash flow can be improved through a well-designed process that incorporates data analytics.
Data Holds the Answer, But Finance Finds It Posted: September 24, 2019 Machines can crunch numbers, but accountants who learn to interpret the data and apply the analysis to solve problems provide the real value to a business.
5 Skills Necessary to Transition from CFO to CEO Posted: September 16, 2019 It takes a special combination of ambition and abilities for a CFO to climb to the top spot on the org chart. Five traits are particularly important for CFOs to possess if they want to succeed as CEOs.
Managing the Business in Good Times and Bad: Is There a Difference? Posted: September 3, 2019 A company with an overall strong business model and culture will tend to be relatively prosperous in good times and bad. Here are some best practices to consider.
