In the past, the role of chief financial officers (CFOs) in a company had been limited to traditional financial management. Focusing on accounting and treasury operations, CFOs were expected to analyse trends and find ways to increase cash flow and reduce costs.

What’s in a good payroll system? While there are certainly a lot of requirements that a good payroll software should fulfill, these three are considered as the most important:

From predictive analytics to cloud software, technological innovations have paved the way for the digital transformation of businesses. This necessitated chief financial officers (CFOs) to reimagine the role of finance in the business. More than just their traditional roles, CFOs are expected to be more innovative and digitally engaged to drive profitability and add value to the business.

  When you have made the decision to venture into outsourced accountancy, there are a few things to consider to ensure that the outsourcing company is a great fit for your firm. We have listed down a few tips for you to remember when outsourcing your bookkeeping:

Having an effective and insightful chief financial officer (CFO) is critical to the growth of a firm. As one of the executives in the firm, they have multiple roles to play: an administrator, a strategist, a catalyst, and a risk manager. All of these are important finance officer responsibilities. Let us take a closer look at them:

Pop quiz. Imagine you’re the Chief Financial Officer of your company. You have two immediate advisors and assistants - your company’s treasurer and your finance controller. Suddenly, a crisis. Out of time and options, you turn to your two trusted advisors. We’ve already clarified the differences between a treasurer and a controller in an earlier blog post, and now it’s time to put their merits to the test.