Data Analytics
CFOs Bring Clarity to the Financial Situation
In our 2020-2021 CFO Survey, AAFCPAs asked respondents the same question we asked back in 2017: What does your CEO/Executive Director want most from you? CFOs are unquestionably responsible and accountable for interpreting and presenting analytics related to financial metrics. The major change is about what the concept of “bringing clarity” means. Financial metrics were […]
How CFOs Plan to Use Data
CFOs are ready for change when it comes to how they use data. An AAFCPAs survey of 200+ New England financial executives revealed they are seeking better ways to predict what is coming, in addition to the age-old practice of analyzing what has been. Their challenge lies in solving for people, process, and system limitations.
Pay for Success: a funding model with data at its core
There is at long last solid momentum gathering behind the pay-for-success (PFS) model of funding socially oriented projects and services: a shift in approach that emphasizes outcomes rather than activities. Through PFS contracts, the ecosystem of investors, government, and service providers is working together to create new opportunities and meet more impactful social goals. PFS […]
AAFCPAs’ 2021 CFO Survey Finds Data Management Is Catalyst for Change
CFOs seek better inputs, predictability, and the talent to translate data Boston, MA (August 10, 2021) – AAFCPAs, a best-in-class CPA and consulting firm known for assurance, tax, accounting, wealth management, valuation, business process, and IT advisory solutions, today released its 2021 CFO Survey Report. The survey found that across the board, CFOs are prioritizing […]
The Skills, Tools & Technology Needed Now to Be Future Ready
This year’s Annual Nonprofit Seminar is packed full of insight and inspiration to take nonprofits into the future, including discussions related to Pay for Success, Impact Reporting, and Leveraging Data Analytics & Predictive Modeling! Unfortunately, some nonprofits may be unable to equip for the future without addressing significant lags in the present. Time Is Of […]
Leet, Kontoglis Promoted to Directors, Business Process & IT Consulting
AAFCPAs (Westborough, Boston, Wellesley, and Waltham) happily announces the following promotions to support the continued growth of the firm’s Business Process & IT Consulting practice. Promotions Robyn Leet (left) has been promoted to AAFCPAs’ Director, Business Process Assessments & Attestations. She is a solution-oriented, business process improvement architect & strategist with broad expertise in identifying […]
Collect Data to Create Business Insight
Do You Make Sense of the Data You Collect? There are numerous and diverse reasons for nonprofits to adopt data analytics and predictive modeling tools. The implications are enormous if you commit to making sense of the swathes of data you collect every single day. For example: They are helping membership organizations to more positively […]
AAFCPAs Explains Descriptive, Predictive, Prescriptive, and Compliance Data Analytics
Key Business Questions (KBQs) are questions that establish a framework for an organization looking to gain insights produced by analytics. They are central to understanding the past and overall strategy you are deploying or considering deploying in the future. AAFCPAs assists clients in defining and prioritizing high-value KBQs in order to bridge the divide between […]
Keys to a Successful Accounting Software Implementation
Implementing a new accounting software application requires significant investments in time, energy, and financial resources. A proper implementation plan is key to maximizing the long-term value of your new system. AAFCPAs Provides the Following Best Practice Recommendations to Ensure Clients Get the Most Out of Their New System: Change is Hard AAFCPAs advises clients to […]