Anders Liu-Lindberg on LinkedIn: #financemaster (2024)

From CFNo to CFGrow.Could it be the new brand of the CFO?Historically, CFOs have been most comfortable dealing with balance sheet optimization and productivity improvements.However, to thrive and prosper all companies need growth.That's why it should also be one of the CFO's top priorities for 2024.How do CFOs drive growth in a company?We can look at this through three lenses...👓 Strategic lens👓 Operational lens👓 Financial lensThrough these lenses, we look at specific growth levers...🧾 Historical levers🌐 External levers🚀 Internal leversCombine them all and you get "The CFO's Growth Matrix"!You can learn more about the matrix 👇.To get started ask yourself these questions:✅ Which growth initiatives are running?✅ What value has been realized so far?✅ Which levers are you not working on?✅ What are your competitors doing?✅ How can you free more resources for growth?✅ What role is the finance team playing?✅ Are people being held accountable?Discuss the answers within Finance and then with the management team.Next, get started on the next stage of your growth journey!How are you driving growth in your company?Do you think it's time for the CFGrow?----------🧑💼 I'm a partner at Business Partnering Institute🆘 Need immediate help in your finance team, call us!🤝 We help increase the influence of your finance team🔔 To see more of my content, hit the bell on my profile📻 #FinanceMaster podcast: https://bit.ly/3NLSt73📄 Check out all our templates and cheat sheets here: https://lnkd.in/eC_zuCU4

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Does growth and CFO go together?Many would say no. CFOs have historically focused on optimizing profitability rather than growing the company.Some would even argue that CFOs have been detrimental to growth in many companies.They have been labeled “CFNo” focusing more on risk mitigation and cost-cutting rather than building the business.CFOs may feel most comfortable in driving the remaining levers, however, why limit your remit in terms of driving value creation?This week we discuss tangible ways CFOs can contribute to the levers that drive growth.You can be a part of the show too! Just raise your hand to come on stage to share your perspectives or ask questions.Will we see you there?#growth #finance #cfo #business #financemaster

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Does growth and CFO go together?Many would say no.CFOs have historically focused on optimizing profitability rather than growing the company.Some would even argue that CFOs have been detrimental to growth in many companies.They have been labeled “CFNo” focusing more on risk mitigation and cost-cutting rather than building the business.However, it’s time for CFOs to change their approach and earn the label “CFOGrow”.Why is that? It’s because most levers for value creation are related to growth.These are size of revenue, R&D investment, industry trend, geography trend, M&A program, capital expenditure, and differentiation improvement. CFOs may feel most comfortable in driving the remaining levers (debt capacity, resource re-allocation, and productivity improvement), however, why limit your remit in terms of driving value creation?This week we discuss tangible ways CFOs can contribute to the levers that drive growth.#finance #cfo #accountingandaccountants #growth #financemaster

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Think a few years back. Interest rates are near zero or even negative.Cash is free and companies have taken on significantly more debt in the decade following the financial crisis.CFOs didn’t have a worry in the world as resources were abundant and investments could easily be funded.It wasn’t exactly like this, but you get the picture.Today it’s different. Interest rates have risen fast, capital markets have tightened, and resources aren’t as easily available.Now it’s time for CFOs to spring into action.Their mountain of debt needs to be reduced and cost levels, having increased significantly during the past two years, need to be brought under control.We discuss how to do this in the next episode of the #FinanceMaster Show.You can be a part of this too! Just raise your hand to come on stage to share your perspectives or ask questions.Will we see you there?#cfo #debt #finance #accountingandaccountants

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Ad: "The future belongs to data-driven organizations" and today it became a reality...The quote is from the Chief Marketing and Solutions Officer at SAP, Julia White, and was said today at SAP Data Unleashed 2024.The technology capabilities available to business and finance teams today are truly amazing!I have shared what I learned at today's event 👇.Learn more about it here: https://bit.ly/3V21b5eHere are my five key takeaways for FP&A professionals:1️⃣ SAP Datasphere + SAP Analytics Cloud enables true XP&AAll departments are on the same platform sharing data.This enables a free-flowing value chain and true collaboration.2️⃣ The bar for generating insights just got raised significantly!The analytical capabilities of this tech stack are insane.This was mindblowing compared to the mundane Excel-driven analysis that most FP&A professionals suffer through today!3️⃣ Joule copilot will save you countless analysis hoursJoule is SAP's copilot and does what a copilot should but built on top of an unparalleled tech stack it becomes powerful beyond imagination.4️⃣ No code scenario modeling is now available for everyoneThis had me the most excited!I've been talking about this for a while.Conduct scenario modeling around your key assumptions on the spot.Now you can make truly data-driven decisions even at the strategic level!5️⃣ Spot trends and patterns like never before with knowledge graphThe capabilities unleashed with SAP Datasphere Knowledge Graph are downright scary.Imagine seeing the relationships between every single data point across your organization.It's hard to believe just how insightful that will be and I cannot wait (on behalf of companies out there) for the feature to be released!----------You do need a data-literate organization to make this work.Likewise, implementation isn't always straightforward, however, we heard from Bosch and HUGO BOSS how they had tackled some of these challenges.And if they can do it, so can you!How is your company building a data-literate organization?----------🧑💼 I'm a partner at Business Partnering Institute🆘 Need immediate help in your finance team, call us!🤝 We help increase the influence of your finance team🔔 To see more of my content, hit the bell on my profile📻 #FinanceMaster podcast: https://bit.ly/3NLSt73📄 Check out all our templates and cheat sheets here: https://lnkd.in/eC_zuCU4

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What's most important, time or energy management 🤷♂️Finance and accounting professionals are busy peopleThat's not a good thing.There's hardly time for adding value.It feels like constantly treading the hamster wheel.We hear this often from companies we work withWe help them understand their time spent.We equip them with tools to free time for important work.They can usually free as much as one day per week, isn't that great?Yes, but time is ultimately a limited resource, your energy is not!Focus on effectiveness, not just efficiency.You need to manage your energy all day - every day.It's time to unleash The Power of Full Engagement into your life.To become fully engaged be on top of your energy sources...Engagement = Physical + Emotional + Mental + Spiritual EnergyThis concept has changed my life and it can change yours too 🫵.PS. How are you managing your energy?----------🧑💼 I'm a partner at Business Partnering Institute🆘 Need immediate help in your finance team, call us!🤝 We help increase the influence of your finance team🔔 To see more of my content, hit the bell on my profile📻 #FinanceMaster podcast: https://bit.ly/3NLSt73📄 Check out all our templates and cheat sheets here: https://lnkd.in/eC_zuCU4

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The Finance Process House.An overview of all the core processes in the finance function.21 processes for CFOs to master:1. Financial Planning & Analysis2. Financial Reporting3. Accounting4. Treasury Management5. Tax Management6. Risk Management7. Capital Allocation8. Financial Systems and Technology9. Cost Management10. Financial Compliance11. Strategic Financial Management12. Financial Communication13. Employee Benefits Management14. Financial Policy Development15. Vendor and Supplier Management16. Financial Education and Training17. Sustainability and ESG Reporting18. Financial Analytics and Business Intelligence19. Asset Management20. Cash Handling and Banking21. Regulatory ComplianceIt's a tough job to manage these just on a high level yet each can be divided into subprocesses that require a whole specialism in their own right.CFOs can manage these successfully without a great team to back them up.Each team is a brick which is crucial to the stability and performance of the house.If one team starts to struggle it may just impact the whole house (finance function).What are you doing to manage all these processes in your company?Do you even cover all of them?Did we miss any key processes in this overview?----------🧑💼 I'm a partner at Business Partnering Institute🆘 Need immediate help in your finance team, call us!🤝 We help increase the influence of your finance team🔔 To see more of my content, hit the bell on my profile📻 #FinanceMaster podcast: https://bit.ly/3NLSt73📄 Check out all our templates and cheat sheets here: https://lnkd.in/eC_zuCU4

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22,000+ bookmarks and a 4.8 of 5 rating - the first month of our LinkedIn Learning course has been crazy!It's amazing to see such great interest from all of you to learn how to become more impactful finance and accounting professionals.The course "Driving Business Impact for Finance Professionals" is designed around our Impact Equation (TM).We discuss how to generate more and better insights.We show you how to become influential.We lay out the framework for creating more value in your role.The course offers time for reflection and concrete models that you can use immediately in your role.For a limited time, I'm making the course free for you to learn what 22,000+ others have shown an interest in.What are you doing to drive impact in your role?#finance #accountingandaccountants #cfo #financemaster

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One cheat sheet for finance and accounting professionals to rule them all...Download a PDF with all the links in one place here: https://lnkd.in/ehGeqwFEHere's what you'll get... 1. 100 KPIs to drive business performance 2. 100 KPIs to drive the finance function 3. The CFO's Guide to Managing the Finance Function 4. All about financial statements 5. The ultimate Finance cheat sheet 6. All about cash flow 7. What you need to know about managing a company 8. The best finance career tips 9. What CPAs need to know about Corporate Finance10. The Accounting 101 cheat sheet11. Literally All About FP&A from the original author12. Your guide to business valuation13. How to do transfer pricing14. The ins and outs of financial analysis15. The most debated key metric EBITDA cheat sheet...and the list goes on...You can access all the cheat sheets below...The CFO’s Finance Function Cheat Sheet: https://bit.ly/3CVuuw4The CFO’s KPI Cheat Sheet: https://bit.ly/3O3CAZRThe CFO’s Business Cheat Sheet: https://bit.ly/3JNRpx9Finance Career Cheat Sheet: https://bit.ly/3JPIoUaFinance & Accounting Designations Cheat Sheet: https://bit.ly/3PKYrGCAccounting vs. Finance Cheat Sheet: https://bit.ly/3D0BNmeAccounting Cheat Sheet: https://bit.ly/3D514vGFinancial Statement Cheat Sheet: https://bit.ly/46EKsInP&L Cheat Sheet: https://bit.ly/44DabiTBalance Sheet Cheat Sheet: https://bit.ly/3JNpnC0The Cash Flow Cheat Sheet: https://bit.ly/3NAiwggThe COGS Cheat Sheet: https://bit.ly/3O1vntcThe OPEX Cheat Sheet: https://bit.ly/46GMBmUGross Profit Cheat Sheet: https://bit.ly/3NI1s83The EBITDA Cheat Sheet: https://bit.ly/44iqjGEThe EBIT Cheat Sheet: https://bit.ly/3D8Cmu0The Net Income Cheat Sheet: https://bit.ly/3ril5MxWorking Capital Cheat Sheet: https://bit.ly/3JLevUYThe CAPEX Cheat Sheet: https://bit.ly/3D1IogjThe Management Cheat Sheet: https://bit.ly/46ByJdMThe Finance Cheat Sheet: https://bit.ly/3pHDMZqCorporate Finance Cheat Sheet: https://bit.ly/3pHLFhBFP&A Cheat Sheet: https://bit.ly/43eXLMWFinancial Analysis Cheat Sheet: https://bit.ly/3JNbmErKPI Cheat Sheet: https://bit.ly/3JNbSlzFinancial Ratios Cheat Sheet: https://bit.ly/3Q4ywdtThe Valuation Cheat Sheet: https://bit.ly/3rnaa4kThe IRR Cheat Sheet: https://bit.ly/44fnIgIThe NPV Cheat Sheet: https://bit.ly/3pM5rIJTransfer Pricing Cheat Sheet: https://bit.ly/44zEnv3Which one is your favorite?Make sure to follow all the creators behind the cheat sheets!What cheat sheets (if any) do you feel like we're missing?----------🧑💼 I'm a partner at Business Partnering Institute🆘 Need immediate help in your finance team, call us!🤝 We help increase the influence of your finance team🔔 To see more of my content, hit the bell on my profile📻 #FinanceMaster podcast: https://bit.ly/3NLSt73📄 Check out all our templates and cheat sheets here: https://lnkd.in/eC_zuCU4

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