Analyzing Data, Budgeting and Communication

Collaborative Budgeting Process

Spreadym

NOVEMBER 8, 2023

Collaborative budgeting is an approach to financial planning and management that involves the active participation of multiple individuals or teams within an organization. It goes beyond the traditional top-down budgeting process, where senior management sets financial targets and allocates resources.

Budgeting

Budgeting Communication Strategic Planning Analyzing Data

Why Data is So Important to Manufacturing Budgets

Centage

JUNE 2, 2023

While all of this data helps manufacturing companies to be more efficient, when it comes it comes to creating a manufacturing budget , data is also just as critical. What is a Manufacturing Budget? A manufacturing budget centers around the expenses involved in the production of a given product.

Manufacturing

Manufacturing Budgeting Forecasting Analyzing Data

What is Financial Planning and Analysis (FP&A)?

Spreadym

JUNE 27, 2023

It involves forecasting, budgeting, analyzing, and reporting financial information to support strategic planning and operational decision-making. This involves projecting revenues, expenses, and other key financial metrics based on historical data, market trends, and business strategies. The primary objectives of FP&A.

Financial Planning and Analysis (FP&A)

Financial Planning and Analysis (FP&A) Planning Financial Analysis Budgeting

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3 Ways to Use Power BI To Make the Most Of Nonprofit Data

Collectiv

JUNE 13, 2023

Additionally, the manual nature of these spreadsheets makes the process prone to human error when inputting, interpreting, and distributing data. By contrast, a tool like Power BI makes it easier (and quicker) to reliably collect, organize, and analyze data.

Nonprofit

Nonprofit Leverage Budgeting Analyzing Data

9 Signs Your Startup Needs a Fractional CFO - By JP Puchulu

Boston Startup CFO

FEBRUARY 1, 2023

They can also bring to your attention many key details that must be communicated to investors to secure their interest. No budgeting process in place A budget is a financial plan that outlines how you will allocate your resources over a certain period of time.

CFO

CFO Startups Cash Flow Forecasting Budgeting

4 Types of Financial Reports Every FP&A Team Should Be Using

Planful

MARCH 18, 2019

The FP&A team is numbers-oriented, but also requires a great deal of communication skills. Department Budget vs. Actual Reports. Every department in the business is responsible for a budget. The financial reporting manager must be able to clearly explain specific financial concepts at a high level for busy executives.

Financial Planning and Analysis (FP&A)

Financial Planning and Analysis (FP&A) Financial Reporting Cash Flow Forecasting Budgeting

To Sustain DEI Momentum, Companies Must Invest in 3 Areas

CFO News Room

NOVEMBER 4, 2022

While 58% of companies in our dataset have a dedicated DEI budget, just 21% of companies have a senior role fully dedicated to DEI. This client was able to have an impact on a short time horizon by being laser-focused on hiring and measuring data to track progress toward the desired changes. Source link.

Investments

Investments Leadership Accounting Analyzing Data

How to Make Your Annual Budget Process More Efficient and Collaborative

Centage

AUGUST 1, 2023

Getting ready for budget season is a big task. If you don’t handle it effectively, you can struggle through the process to create a workable budget. Budgeting probably won’t be fun. Leaders would most likely rank “budget season” far down on the list of favorite times of the year.

Budgeting

Budgeting Financial Planning and Analysis (FP&A) Benchmarking Communication

3 PR Trends to Watch in 2018

PYMNTS

DECEMBER 27, 2017

There are many tools available to harvest data about your customers and stakeholders, both internally and externally: CRM systems, social media analytics, web analytics and more. Some smart systems have all this data available in one platform. That is a pure communication function right there.

Analyzing Data

Analyzing Data Budgeting B2B Communication

What is Enterprise Performance Management (EPM)?

Planful

FEBRUARY 2, 2017

To support this, EPM includes the following management processes: Budgeting, planning, forecasting and modeling. Analyzing performance vs. plan, prior years, across divisions or products. Packages such as Hyperion Pillar helped manage the process of budgeting and planning across the enterprise.

Budgeting

Budgeting Forecasting Analyzing Data Finance

3 FP&A Trends Shaping Our Digital Economy

Planful

APRIL 29, 2021

Agile FP&A involves prioritizing people over process, with a focus on continuous changes and proactive communication. Microplanning requires the ability to pull and analyze data on the fly. Companies like 24 Hour Fitness and ALDO Group had to close down hundreds of locations or file for bankruptcy.

Financial Planning and Analysis (FP&A)

Financial Planning and Analysis (FP&A) CFO Finance Analyzing Data

How To Revolutionize The FP&A Professional

Jedox Finance

AUGUST 6, 2019

In the past, what made you a successful FP&A professional was your technical skills like Excel modeling and ability to analyze data. Finally, one way to improve soft skills such as influencing and communication is via a mentorship program where ideally the mentors come from both Finance and non-Finance backgrounds.

CFO

CFO Analyzing Data Communication Finance

How to put finance business partnering puzzle together?

Fpanda Club

FEBRUARY 5, 2024

Get the basics right Advancements in automation, data practices, and innovative systems make it much easier to generate financial and non-financial insights. This is supposed to enable finance professionals to devote more time to interpreting and analyzing data, offering meaningful insights that contribute to better decision-making.

Finance

Finance Analyzing Data Benchmarking Communication

TripActions’ Travel and Expense Predictions for 2023

CFO Leadership

DECEMBER 15, 2022

Following a year of flight cancellations, a lack of real-time updates, and overall dissatisfaction with outdated solutions, travel providers will enable more tech-driven solutions in 2023 to increase visibility and communicate with customers more efficiently. We will be asked to do more with less, including resources and budgets.

Mergers and Acquisitions (M&A)

Mergers and Acquisitions (M&A) Budgeting Leadership Analyzing Data

What the Heck Is Power Automate?

Collectiv

SEPTEMBER 26, 2023

Approval Flows Approval flows automate the process of requesting approval for things like invoices, budgets, or scheduling requests. Some of these tasks include saving emailed reports to SharePoint, sending bulk emails to communicate salary changes, or triggering status changes when a new sales lead comes into the system.

Analyzing Data

Analyzing Data Communication Invoicing Budgeting

TEST-TripActions’ Travel and Expense Predictions for 2023

CFO Leadership

DECEMBER 15, 2022

Following a year of flight cancellations, a lack of real-time updates, and overall dissatisfaction with outdated solutions, travel providers will enable more tech-driven solutions in 2023 to increase visibility and communicate with customers more efficiently. We will be asked to do more with less, including resources and budgets.

Mergers and Acquisitions (M&A)

Mergers and Acquisitions (M&A) Budgeting Leadership Analyzing Data

The Best Power BI Visuals for Financial Reporting

Collectiv

NOVEMBER 16, 2021

When creating column charts (and really, any Power BI visualizations), your responsibility as a report builder is to clearly communicate the information you’re showing. When you need to look at a series of data points over time (days, months, quarters, years), use a line chart. Highlighting budget changes on a certain project.

Financial Reporting

Financial Reporting Profit and Loss Budgeting Analyzing Data

Extended Planning and Analysis (xP&A) is the Future of FP&A

The Finance Weekly

NOVEMBER 27, 2022

xP&A allows all users in the organization to , access a single source of truth - a centralized database that can integrate data from multiple sources such as ERP, GL, and CRM. But other than when one directly affects another, each department’s plans are created in silos separate from each other.

Financial Planning and Analysis (FP&A)

Financial Planning and Analysis (FP&A) Planning Forecasting Leadership

Corporate Finance Brief

Collaborative Budgeting Process

Why Data is So Important to Manufacturing Budgets

Webinars

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What is Financial Planning and Analysis (FP&A)?

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How to Make Your Annual Budget Process More Efficient and Collaborative

3 PR Trends to Watch in 2018

What is Enterprise Performance Management (EPM)?

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How To Revolutionize The FP&A Professional

How to put finance business partnering puzzle together?

TripActions’ Travel and Expense Predictions for 2023

What the Heck Is Power Automate?

TEST-TripActions’ Travel and Expense Predictions for 2023

The Best Power BI Visuals for Financial Reporting

Extended Planning and Analysis (xP&A) is the Future of FP&A

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