How to Think Like a CFO: Utilizing Financial and Management Reporting

In this episode of the Prime Resources Podcast, BDR Financial Coach Brittany Baimbridge shares what it means to think like a CFO. You don't have to be in the Fortune 500 to apply the same thought processes as a Chief Financial Officer to your company. Tune in to learn how you can fine-tune your financial and management reports and utilize them as strategic, decision-making tools.

(01:57) - Brittany's industry background

(03:37) - What does it mean to think like a CFO?

(06:00) - Who in a company needs to think like a CFO?

(07:38) - Sharing the "why" of financial data collection and reporting

(09:15) - Examples of financial reporting

(10:28) - What is needed to generate financial reporting

(15:12) - Having the end in mind with reporting

(18:20) - Elements of a financial closing process

(25:02) - The power of checklists

(27:09) - How to utilize financial reporting

(28:56) - What is management reporting?

(34:00) - Capturing opportunity with management reporting

(35:00) - Examples of management reporting

(39:00) - The partnership of financial and management reporting

(42:11) - Focusing your management reporting on what's most important