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Fractional Chief Financial Officer - ALIGNMT A Fractional Chief Financial Officer can play a major role in helping validate many types of data so your entire organization can make informed decisions that drive sustainable revenue growth and quality of earnings. When your organization doesn’t have this critical resource, or your CFO is under staffed, business can really suffer. ALIGNMT helps with substantially every responsibility of this role so your business can keep on growing, making informed financial decisions without taking avoidable risks.

Fractional Chief Financial Officer - ALIGNMT A Fractional Chief Financial Officer can play a major role in helping validate many types of data so your entire organization can make informed decisions that drive sustainable revenue growth and quality of earnings. When your organization doesn’t have this critical resource, or your CFO is under staffed, business can really suffer. ALIGNMT helps with substantially every responsibility of this role so your business can keep on growing, making informed financial decisions without taking avoidable risks.

Act! Names Andrew Kane as Chief Financial Officer. Read the full story - https://lnkd.in/ds7xDF6E Bruce Reading #martech #martechedge #executiveleadership #leadershipteam #cfo #customerrelationshipmanagement #financeandaccounting #technology

As a CEO and business owner, optimizing financial management is essential to avoid leaving money on the table. Here are some strategies to achieve that: Outsourced CFO Services: Consider engaging an outsourced CFO service. These services provide a team of finance experts with industry-specific experience at a fraction of the cost of hiring a full-time CFO. They can generate valuable reports, analyze financial data, and guide your business toward growth and sound financial health. Reporting and Data Accuracy: Ensure you have accurate financial data. Incomplete or inaccurate information can hinder decision-making. Work with professionals who understand your industry’s key performance indicators (KPIs) and can provide nuanced reports that account for overhead, cost of goods sold, and other critical factors. Differentiation: Stand out from competitors by emphasizing unique selling points. Craft compelling copy that highlights your business’s strengths and resonates with your target audience. Avoid sounding like everyone else in your industry. Conversion Rate Optimization: Continuously test and refine your messaging. Monitor conversion rates and make data-driven adjustments to improve results. A well-managed financial strategy can lead to improved revenues, profits, and overall business performance. Consider exploring CFO as a service a Norris CFO, visit norriscfo.com for details.

There is one financial expert that I would recommend to every small business owner. Because it will streamline your strategic financial planning in a way that you can’t imagine. A "Fractional VP of Finance" can transform your approach to financial management, improved investor relations and provid a cost-effective solution to having financial expertise on board. Here are 5 benefits of a Fractional VP of Finance that will challenge how you think about financial management: 1. "The Importance of a Fractional VP of Finance" Having a Fractional VP of Finance on your team can be a game-changer. They offer the expertise of a full-time Vice President of Finance, but on a part-time basis, making it affordable for small businesses. 2. "Strategic Financial Planning" A Fractional VP of Finance goes beyond basic bookkeeping. They provide strategic financial planning, helping businesses make informed decisions about growth, investments, and risk management. 3. "Cost-Effective Solution" For a small business, hiring a full-time VP of Finance can be cost-prohibitive. A Fractional VP of Finance, offers the same level of expertise but at a fraction of the cost. 4. "Expertise in Raising Capital" A Fractional VP of Finance has the expertise and connections to help you navigate the complex process of raising capital. 5. "Improved Investor Relations" A Fractional VP of Finance can communicate effectively with investors, providing regular updates and answering any financial questions they may have. This can lead to improved investor relations. If you have utilized the expertise of a Fractional VP of Finance, I’d love to hear about your experiences and benefits in the comments. Considering investing in a Fractional VP of Finance? Click the link in my bio for more information. #SmallBusiness #FinancialManagement #FractionalVP #StrategicPlanning #InvestorRelations

Strategic financial planning Credits to Carl Seidman, CSP, CPA, follow him for more practical finance content. Here's the original post ----- Strategic financial planning at a company should be comprehensive. What role do budgets, forecasts, and projections play? Each of these financial tools is forward-looking. They all relate to each other. But they serve very different purposes. 🟨 Budgets Budgets should be tied to the strategic plan. They may be used to communicate targeted performance to outside third parties including lenders and investors. Embracing budget ownership by functional leaders is a key to encouraging fiscal responsibility and accountability. 🟦 Forecasts Rolling forecasts are among the most important tools for agile planning. They reflect current data and assumptions. And in contrast to budgets which consider strategic targets, rolling forecasts are more likely to contemplate what's likely to happen versus what's planned. 🟩Projections Projections are much like forecasts and may leverage them. They should be used when considering major decisions such as: Key program rollouts Other transactions Capex investment Facility expansion Capital raises Layoffs M&A Every company should invest seriously and fully in a rolling forecast. That may require going outside of traditional spreadsheet software and embracing a robust planning tool. Not every company may need a budget or projections. ----- Follow our page FP&A Secrets to grow your career in Financial Planning & Analysis

The Power of Partnership in FP&A: Why Relationships Matter Traditionally, FP&A (Financial Planning & Analysis) has been seen as the number-crunching arm of the business. But in today's dynamic environment, strong partnerships are what take FP&A to the next level. Here's why building relationships across the organization is key: 1- Deeper Business Understanding: Partnerships with different departments unlock a wealth of business knowledge. You gain insights into operational challenges, market trends, and customer needs – all crucial for informed financial analysis. 2- Actionable Insights: Financial data is powerful, but it's the collaboration that breathes life into it. By partnering with stakeholders, you can translate insights into actionable recommendations that drive strategic decision-making. 3- Improved Communication & Alignment: Strong relationships foster clear communication. You can ensure everyone understands financial goals and how their actions contribute to the bigger picture. Remember, FP&A professionals are not just number analysts, but strategic business partners. I'd love to hear from you! What are your experiences with building partnerships in FP&A? How have they helped your team's success? —————————————- 📥 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐘𝐨𝐮𝐫 𝐂𝐨𝐩𝐲: Download my work in PDF format by visiting my profile ➡️ and clicking (𝐀𝐜𝐜𝐞𝐬𝐬 𝐦𝐲 𝐅𝐏&𝐀 𝐫𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬). Your journey toward financial excellence begins. —————————————- 🤝 𝐓𝐡𝐢𝐬 𝐢𝐬 𝐡𝐨𝐰 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐡𝐞𝐥𝐩 𝐦𝐞 𝐜𝐫𝐞𝐚𝐭𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭: 𝐋𝐢𝐤𝐞, 𝐒𝐡𝐚𝐫𝐞, 𝐂𝐨𝐦𝐦𝐞𝐧𝐭, 𝐅𝐨𝐥𝐥𝐨𝐰 ⤵

Engaging a part-time Chief Financial Officer (CFO) can be a strategic move for businesses seeking financial expertise without the commitment of a full-time executive. Here are key benefits to consider: 𝗖𝗼𝘀𝘁-𝗘𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗘𝘅𝗽𝗲𝗿𝘁𝗶𝘀𝗲 𝗮𝘁 𝗬𝗼𝘂𝗿 𝗙𝗶𝗻𝗴𝗲𝗿𝘁𝗶𝗽𝘀: Access high-level financial guidance at a fraction of the cost of a full-time CFO, making it ideal for small and medium-sized enterprises 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗣𝗹𝗮𝗻𝗻𝗶𝗻𝗴: Part-time CFOs assist in developing financial strategies aligned with your business goals, offering insights into budgeting, forecasting, and growth opportunities 𝗙𝗹𝗲𝘅𝗶𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗻𝗱 𝗦𝗰𝗮𝗹𝗮𝗯𝗶𝗹𝗶𝘁𝘆: Their part-time status allows you to adjust engagement levels based on your business needs, providing flexibility as your company evolves 𝗥𝗶𝘀𝗸 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁: They help identify potential financial risks and implement strategies to mitigate them, safeguarding your business's financial health 𝗜𝗺𝗽𝗿𝗼𝘃𝗲𝗱 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗥𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴: Ensuring accurate and timely financial reports supports informed decision-making and enhances transparency with stakeholders 𝗢𝗯𝗷𝗲𝗰𝘁𝗶𝘃𝗲 𝗘𝘃𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻: Offering an unbiased perspective on financial operations, part-time CFOs can identify inefficiencies and recommend improvements 𝗔𝗰𝗰𝗲𝘀𝘀 𝘁𝗼 𝗗𝗶𝘃𝗲𝗿𝘀𝗲 𝗘𝘅𝗽𝗲𝗿𝘁𝗶𝘀𝗲: With experience across various industries, they bring a broad range of knowledge and best practices to your business Considering these advantages, a part-time CFO can be a valuable asset in steering your business toward financial success. 𝙒𝙖𝙣𝙩 𝙚𝙭𝙥𝙚𝙧𝙩 𝙛𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝙜𝙪𝙞𝙙𝙖𝙣𝙘𝙚 𝙬𝙞𝙩𝙝𝙤𝙪𝙩 𝙩𝙝𝙚 𝙛𝙪𝙡𝙡-𝙩𝙞𝙢𝙚 𝙘𝙤𝙨𝙩? A part-time CFO can provide strategic insights, improve cash flow, and help your business grow. Give us a call today at (813) 977-0089 to learn how we can help you take your business to the next level!

Working in Financial Planning and Analysis (FP&A) offers a unique blend of strategic influence, financial expertise, and career development opportunities. Let me share the key benefits from my perspective: Introduction: FP&A is a critical function within any organization, providing insights that drive key business decisions. As someone working in FP&A, I’m responsible for analyzing financial data, creating forecasts, and offering recommendations that help shape the direction of the company. This role allows me to not only work with numbers but also contribute to broader business strategies. 1. Strategic Influence: One of the biggest benefits I’ve experienced in FP&A is having a direct influence on company strategy. By analyzing financial data and forecasting future trends, I get to provide insights that help leadership make informed decisions. It’s fulfilling to know that my work contributes to the long-term growth and success of the business. 2. Cross-functional Collaboration: FP&A gives me the chance to collaborate with various departments, including marketing, operations, and sales. This cross-functional exposure helps me gain a deeper understanding of how different areas of the business work, which is not only interesting but also broadens my expertise. 3. Problem-Solving and Analytical Skills: In FP&A, I’m constantly challenged to think critically and solve complex problems. Whether it’s identifying cost-saving opportunities or forecasting revenue growth, every day requires sharp analytical skills. This keeps the job dynamic and intellectually stimulating. 4. Career Growth and Development: Working in FP&A offers a solid foundation for career progression. The skills I’ve honed—financial analysis, strategic thinking, and communication—are highly transferable. Whether I want to move into a leadership role within finance or transition to another area of the business, FP&A opens up a lot of doors. 5. High Visibility with Leadership: Since FP&A plays such a vital role in business decisions, I often get to present my analyses and recommendations to senior leadership. This high visibility helps me build relationships with key stakeholders and accelerates my career development. Conclusion: Overall, working in FP&A offers a fulfilling mix of analytical work, strategic involvement, and opportunities for growth. It’s a role that keeps me engaged, continuously learning, and playing an essential part in shaping the future of the organization.

The second quarter of the year is an opportune time for corporate FP&A professionals to develop the company’s strategic financial planning model. Head to Bridgepoint’s blog to learn some essential tips and strategies for success. #financialplanning #FPandA #financialmodel #financialstrategy  https://lnkd.in/gGvQDJkE