Nicolas Boucher on LinkedIn: Top 10 CASH KPIs 1/ Cash Burn Rate Description: Net Cash spent by a… | 19 comments (2024)

CFO Skills👉What You Don't SeeCFOs are more than advanced bookkeepers.Here is what they are:Skills You See:💰 Financial reporting:Ensuring accurate and timely financial statements, budgeting, and forecasting.💸 Cash flow management:Overseeing cash flow, working capital, and liquidity.🎯 Strategic planning:Aligning financial strategy with overall business strategy and goals.🔍 Risk management:Identifying, assessing, and mitigating financial risks.📜 Compliance and regulation:Ensuring adherence to financial laws and regulations.💰 Cost control:Monitoring and optimizing operational costs, finding opportunities for cost reduction and increased efficiency.Skills You Don't See:🧠 Emotional intelligence:Understanding and managing emotions, both personally and within the team.👥 Leadership:Motivating and guiding teams, managing change, and fostering a positive work environment.💬 Communication:Effectively conveying financial concepts and data to non-financial stakeholders.🔍 Analytical thinking:Identifying trends, patterns, and opportunities in complex financial data.🤝 Relationship management:Building and maintaining strong relationships with internal and external stakeholders.💻 Technology and innovation:Staying current with financial technology advancements and leveraging them for increased efficiency and decision-making.💪 Adaptability and resilience:Embracing change and adapting to new challenges in a dynamic business environment.👉 Which other skills do you think are less visible?-----------------------------------------🤖 Learn ChatGPT and use it to become more productiveAnd secure your future against the rise of AI!Take my ChatGPT for Finance Video Course• 2.5 hours of on demand videos• 92 Pages of PDF• 450+ prompts• Practical exercises•10 Prompt Engineering Methods for Finance• Taken by more than 1,000 people and rated 5 starsI reduced the price this week for only 7 days. Don't wait until this is over:https://lnkd.in/deSWSChd

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Oracle vs SAPWhich one should you use?Do you like Oracle?Do you like SAP?Here are the main differences:🔴 OraclePros• Robust financial management functionalities• Extensive customization options• Integration capabilities with other Oracle applicationsCons• Complex implementation process• Limited out-of-the-box reporting capabilities• Requires specialized technical expertise for maintenanceUse Oracle for:Cloud Solutions:Focused on cloud-based solutions for ERP, HCM, and more.Database Management:Leader in the database management system (DBMS) market.Customization and Flexibility:Oracle systems are known for their flexibility and customization options.🔵 SAPPros• Comprehensive financial management capabilities• Seamless integration with other SAP modules• Robust reporting toolsCons• Steep learning curve for beginners• Higher implementation and maintenance costs• Requires dedicated IT resources for managementUse SAP for:Industry Focus:Strong choice for businesses like manufacturing, retail, and utilitiesIntegrated Suite of Products:Integrated suite with finance, supply chain, and human resources.Business Intelligence & Analytics:Offers robust business intelligence tools like SAP BusinessObjects.👉 I am curious to hear from the users.Do you like Oracle?Do you like SAP?----🤖 Learn ChatGPT and use it to become more productiveAnd secure your future against the rise of AI!Take my ChatGPT for Finance Video Course• 2.5 hours of on demand videos• 92 Pages of PDF• 450+ prompts• Practical exercises•10 Prompt Engineering Methods for Finance• Taken by more than 1,000 people and rated 5 starsSpecial price for one week only: https://lnkd.in/eq4prPGf

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Did you know all of these 10 Prompt Engineering Techniques?Learn this skill now to secure your futureHere are the 10 most important techniques I am teaching in my course"Prompt Engineering for Finance"You can access it today for a special bundle offer together with the course "ChatGPT for Finance"Here: https://lnkd.in/e9JupMt2Here is what you need to learn:1. Chain of ThoughtsBreaking down a complex problem into a simple step-by-step process and or steps.2. ChunkingComplex information or problems are broken down into smaller, more manageable 'chunks'3. Explicit ReasoningA technique where the AI details its process or reasoning in a clear, step-by-step manner.4. Agent PromptingFraming prompts as if they are tasks or queries for an 'agent' within the AI's framework.5. Team PromptingDifferent hypothetical 'agents' each with distinct roles, are defined and assigned specific tasks.6. Meta CognitionEncouraging the AI to reflect on its own thought processes, biases and decision-making strategies.7. Socratic PromptingAsking questions that lead the AI to explore a topic deeply, uncovering underlying assumptions.8. Prompt Optimization & ExpansionA technique where you start with a basic prompt and ask the AI to improve it based on your desired results.9. Fact CheckingUsing prompts to verify accuracy and credibility of information.10. Iterative Inquiry & Sequential QuestioningProcess of asking questions to gradually refine and improve the understanding or output of a task.👉 How many did you know?👉 Which ones are you using?When I teach ChatGPT for Finance in trainings for corporate team, often they lack this knowledge.When I bring them these skills, it unleashes for them many use cases on how to use ChatGPT for Finance.I am convince more and more people need to learn these techniques.Like using the right formula in Excel or knowing how to make a financial model.The more you know, the more productive you can be!

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Top 20 PowerPoint Videos on YouTubeBecome a pro at crafting outstanding presentationsI have built this for you so you don't lose time and can start learning now🙏 Comment or Repost so other people can learn it too!1. Create Professional PowerPoint Slides for Business & FinanceBy Kenji Farréhttps://lnkd.in/eAqHexiQ2. The BEST PowerPoint Shortcuts for Business & FinanceBy Kenji Farréhttps://lnkd.in/eypB-vUP3. 5 QUICK Ways to Improve Your PowerPoint DesignBy Leila Gharanihttps://lnkd.in/e9efWpT24. PowerPoint Storytelling: How McKinsey, Bain and BCG create compelling presentationsBy Analyst Academyhttps://lnkd.in/evpf42kC 5. Present with CONFIDENCE with THESE 3 PowerPoint TipsBy Leila Gharanihttps://lnkd.in/eaj7Xjhr 6.How to make a presentations look professional in 5 minutesBy Nicolas Boucherhttps://lnkd.in/eHewNYer 7. 3 Cool Effects You Did NOT Think are Possible in PowerPointBy Leila Gharanihttps://lnkd.in/evdBTBTA 8. How to Practice your Presentation with PowerPoint Rehearse with Coach FeatureBy Soufyan Hamidhttps://lnkd.in/ea2vSbAg 9. Most PowerPoint slides are bad. Here's how to fix themBy Analyst Academyhttps://lnkd.in/eaV8T7td 10. How to make a Professional Powerpoint slide!By PowerPoint Prohttps://lnkd.in/eR3NN-2c 11. How to create PowerPoint templatesBy Nuts and Bolts Consultinghttps://lnkd.in/eNAtn2qb12. 10X Your PowerPoint Skills with AIBy Kevin Stratvert https://lnkd.in/eMXctVWN 13. Use PowerPoint Slide ZOOM the Right Way Creating Prezi-Like PresentationsBy Leila Gharanihttps://lnkd.in/eUKw4isJ 14. Animated PowerPoint Slide Design TutorialBy One Skill PowerPointhttps://lnkd.in/e9QdWi8s 15. Easy Modern PowerPoint Slide TutorialBy Slide Skillshttps://lnkd.in/eHncnu2F 16. Ex-McKinsey consultant creates a Slide Presentation with youBy Heinrich Rusche https://lnkd.in/eZHJ3q-K 17. PowerPoint Tips & TricksBy Kevin Stratvert https://lnkd.in/eNqvzfAU 18. How I Created Animated Video in PowerPointBy Presentation Processhttps://lnkd.in/eTciKiZM 19. How to Link Excel to PowerPoint | Excel to PPTBy Kevin Stratvert https://lnkd.in/ew_E7eTH 20. 3 PowerPoint HACKS for INSTANT Improvement (incl. Morph between Shapes)By Leila Gharani https://lnkd.in/eqc2eKe3 ——📊 Master Powerpoint to be more productive & impress your boss.Get the only Powerpoint guide for Finance Professionals:https://lnkd.in/eGMYedQb

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ChatGPT for Finance - Cheatsheet(100+ Use Cases)My goal is to convince all finance pros to use ChatGPT.This is why I am inviting you to register to our free masterclass for this Tuesday 5 March.Christian Wattig and I will give you insights on how to automate your processes and how to use AI in Finance.Register here: https://lnkd.in/eZheDm4Y(Sponsored by DocuWare)If you ignore ChatGPT, you are missing out.Here are 100+ use cases you can learn from me:📝 Writing1. Emails2. Memos3. Instructions4. Presentations5. Speech6. Dunning Letter7. Minutes8. Report9. Checklist10. Action Plan11. Executive Summary12. Agenda13. Proposal14. Template15. Cover Letter16. Press Release17. Notes to Financial Statements18. Project plan19. Policy Document20. User Manual📑 Draft Procedures21. Invoice Approval Procedure22. Expense Reimbursem*nt Protocol23. Monthly Closing Checklist24. Budget Management Guide25. Payroll Processing Workflow26. Cash Handling Manual27. Financial Reporting Framework28. Tax Compliance Procedure29. Vendor Management Policy30. Internal Audit Guidelines31. Credit Management Procedure32. Debt Collection Protocol33. Capital Expenditure Approval Process34. Fixed Asset Management Policy35. Investment Evaluation Procedure36. Financial Forecasting Guide37. Fraud Prevention and Detection Protocol38. Purchasing and Procurement Procedure39. Financial Risk Assessment Framework40. External Audit Coordination Procedure📊 Financial Analysis41. Cost42. Pricing43. Liquidity44. Revenue45. Cash flow46. Sensitivity47. Profitability48. Break-even49. Financial ratio50. Working capital51. Debt and equity52. Budget variance53. Capital structure54. Capital budgeting55. Financial statement56. Investment appraisal57. Risk assessment58. Cost-volume-profit (CVP)59. Financial performance benchmarking60. Return on Investment (ROI)💡 Solve complex problems61. Risk mitigation ideas62. Tax liability reduction63. Vendor management64. Inventory optimization65. Cost-saving strategies66. Cash flow optimization67. Cost driver identification68. Cost allocation optimization69. Capital investment decisions70. Capital expenditure approval71. Capital structure optimization72. Working capital management73. Sustainable finance initiatives74. Financial performance metrics75. Financial controls improvement76. Financial reporting improvement77. Financial modeling enhancement78. Foreign currency risk management79. Financial forecasting enhancement80. Financial performance monitoring⚙️ Tool teacher81. Word82. Excel83. Outlook84. PowerBI85. Powerpoint86. PowerQuery87. SAP88. Xero89. Sage90. Oracle91. Netsuite92. Anaplan93. Bloomberg94. Quickbooks95. Thomson Reuters96. Microsoft Dynamics97. SQL98. HTML99. Python100. Javascript🧠 Other use cases (see Cheatsheet below)

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You don't need 100 KPIs... but do you know all of them?I have created this catalog of the 100 most important KPIsYou can download it for free here: https://lnkd.in/eAZHnxf5What is inside:• 10 Accounting KPIs• 10 Cash KPIs• 10 CEO KPIs• 10 SaaS KPIs• 10 Investors KPIs• 10 Headcount KPIs• 10 CAPEX KPIs• 10 Balance Sheet KPIs• 10 Tax KPIs• 10 Inventory KPIs👉 What are the most valuable KPIs in this list?👉 Which one do you think are not useful?📊 Master Powerpoint to be more productive and impress your boss.Get the only Powerpoint guide for Finance Professionals.https://lnkd.in/eiYU-FiF

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Should we learn Finance like we were kids again?EBITDA is hard to understand for many people.But learning it like you were a kid could help you make it stick.Or if you are the one teaching it, you should explained it to adults like they are kids.Let me know what you think!PS. I created a free cheat sheet on the top 100 tips for productivityYou can download it here for free: https://lnkd.in/eTDf6GfJ

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