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Increase confidence in forecasts

Better forecasting is the number one aim for CFOs according to the CFO Connect community members. Let's focus on increasing our confidence in forecasts.

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Aim for real-time data

Processes like the monthly close mean that finance teams can be flying blind for the periods in between. Can we get the data we need instantly, without waiting for updates?

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Reduce friction

Friction comes from the need to constantly harass other teams and so much of our finance team's time is wasted on data entry and other manual processes. Let's find ways to automate processes and reduce overall friction.

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Improve cash management

Regardless of the financial position our company is in, having a solid grasp on our cash management is incredibly important. This quarter or year, let's focus on improving our cash management.

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Build a strategic plan and budget to hit targets

Let’s ensure we set ourselves up for success next year by building out a plan that sets every team up to hit and exceed targets.

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Build and lead a world-class finance team

Build out a collaborative and effective finance team, and provide continuous coaching opportunities for everyone on the team.

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Fast and factual reporting to the team

The best plan in the world can get beat when the world changes. Let’s ensure our team is in tune with the financial results as they happen so teams can make adjustments as needed.

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Implement a new one-on-one program across the team to foster better communications between managers and their direct reports

One-on-ones are a great opportunity to build trust, share feedback, and engage with each team member. They provide a dedicated time and place to discuss everything from roadblocks to career aspirations, let’s make them count.

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Improve your management skills

Great managers keep their team engaged, high performing and retained. Even if you are already a great manager, there's always room for improvement. Let’s make a concerted effort to continue to listen, learn, and grow in our management skills and foster a culture of sharing and actioning on feedback.

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