- CFO Ed Talk: Do You Know What the Income Trap Is? You’d Better.
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- If you could increase your income, would it solve a lot of problems? Focusing solely on income is a trap and could put your business at risk. It’s not what you make, it’s what you keep. - Joe Connors, Vice President Relationship Banking Officer
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Take Assessment Watch Video- Finance Transformation: How Cloud Solutions Can Be A Catalyst For Process Improvement As Well As A Driver Of Business Transformation.
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- Finance transformation is critical if you want to keep up with the evolving ideas and strategies of today’s business landscape. It will revolutionise processes and systems within organisations to make them more effective, and more profitable. Cloud solutions and Software as a Service (SaaS) is one key area offering transformative results.
- Thinking About The Upside of Risk
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- Making intelligent and informed decisions is intrinsic to effective risk management. Many times risk management decisions are centered around loss events and the negative consequences that might eventuate. The positive aspects of risk taking are hardly noticeable.
Governance & Controls – structure and controls.
Transaction Recording – systems, transaction processing and closing the books.
Reporting - efficient, timely and accurate information for decision making and meeting compliance requirements.
Accounting
Business Planning - provide the financial roadmap for the company with supporting analytics.
Financial Forecasting - integrate the company’s current performance relative to budget with the real-time business environment.
Investment Analysis - the framework to analyze new opportunities as they present themselves.
Finance
Cash Management - the discipline to ensure cash is available to operate the business normally.
Funding - Planning for and raising funds to meet the needs of the business.
Risk Management – Identification and mitigation of key business risks.
Treasury
Self-Awareness - Internal.
Team Building - External.
Strategy & Culture – Motivate people to follow you.
Leadership
Four Pillars of Executive Expertise
CFO.University is built around the Four Pillars of CFO Success. These Pillars are supported with Core Competencies. Our framework allows you to master your role as a senior financial officer. The Four Pillars are made up of:
Accounting – Governance & Controls, Transaction Recording and Reporting
Finance – Business Planning, Financial Forecasting and Investment Analysis
Treasury – Cash Management, Funding (Capital Raising) and Risk Management
Leadership – Self Awareness, Team Building and Strategy & Culture
