- CFO Talk: AIs Role In Evaluating Business Performance with Prashanth Southekal
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- In this episode of CFO TALK: AI’s Role In Evaluating Business Performance with Prashanth Southekal, we tackle how to integrate AI in finance and how AI can transform storytelling and data interpretation within organizations.
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Take Assessment Watch Video- Perfecting Finance Operations through Recs and Retrieval
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- This article tackles three issues facing CFOs and other finance leaders. How spreadsheets are collapsing under the weight of big data and how can we shore them up Managing the impact on finance operations in the age of data source proliferation How manual processes are limiting capabilities and what to do about it
- Is Strategy Drowning Your Tactics?
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- Enjoy this series of shorts on Strategy from Jim. By now most effective leaders know that strategy is about the “What,” and tactics are about the “How.” I’m finding a strange conflation of the two, which shows up like this: “We’re planning to improve our gross margin this year by two basis points, increase sales by 5 percent, and increase our pre-tax profit margin by 25 basis points.” (An increase of 25 basis points means that profitability moves from 3.5 percent to 3.75 percent).
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
