Running a business can be challenging. There are many different factors to consider, and it is important to have a clear picture of the company's financial situation in order to make informed decisions. One important term that all entrepreneurs should be familiar with is working capital. In this article, we will explain what working capital is and how it affects the financial health of a company.
The EU's Sustainable Finance Disclosure Regulation (SFDR) requires all financial sector actors to provide information on their sustainability risks and impacts. The SFDR's new disclosure requirements first came into force in the spring of 2021, and have been gradually supplemented since then. What has changed and where are we now?
Being in control of your company's finances is an important factor in achieving success and profitability. Cash flow analysis is a method of tracking money coming in and out of a company's bank account over a period of time, and is an important part of a company's financial planning.
Social responsibility is becoming an increasingly important part of business. Various stakeholders expect companies to be responsible, and the EU Corporate Sustainability Reporting Directive (CSRD) will oblige companies to address sustainability issues. However, it is the company values that should drive the sustainability work – the desire to truly contribute to the common good and a better world.
Netvisor's built-in BI module allows you to generate a variety of reports. However, if the user needs highly customised and deep-dive reports, third-party software and integrations can provide the answer.
When reading articles and posts about business development and the use of analytics, concepts like data-driven culture and digital intelligence inevitably pop up. But behind these impressive buzzwords, there’s often a lot of exploration, trial and error, training, and new learning before they truly become part of daily work habits and a smarter working culture.
Greenstep Podcast was happy to sit down with René Rohrbeck, an academic and practitioner of corporate foresight for more than 20 years. We discussed the fascinating topic of corporate foresight.
Reporting has been a vital part of business and trade ever since people were bartering animal pelts. The idea has always been simple: up-to-date reporting should help leaders steer the business more effectively. Yet collecting information and producing reports often consumes a staggering amount of an organisation's resources. Over the years, working with different companies of all sizes, I’ve often found myself asking: why is it done this way - and how could it be made smarter?
In an ERP project, CFO is the person who creates the circumstances for the team to succeed and sets the budget as well as targets for the project. CFO also works traditionally as the project sponsor and is a keen part of the steering group. Our experts collected their best tips for a CFO willing to create a successful ERP project.