Centage

OCTOBER 17, 2022

As you start your financial planning for 2023 and beyond, follow these steps to solidify your three-year strategic plan and boost the odds of achieving your business’ goals. If you want to forecast your financial future, start by looking back at past performance. Set the past as your baseline to predict the future.

Strategic Planning 52

Strategic Planning Planning Cash Flow Forecasting Budgeting 52

Centage

APRIL 24, 2023

You’ll be able to free up Finance staff from repetitive, manual tasks so they can focus on strategic planning to lead your organization’s growth and success, while always maintaining accurate and compliant data. With a modern solution, you’ll have a better, more strategic and accurate view of your financial health and performance.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Healthcare Forecasting Planning 98

VCFO

MARCH 4, 2022

Financial Forecasting Best Practices – 7 Tips for Success. Financial forecasts are critically important planning tools. In creating the forecast, research into the profitability of current operations and areas of potential expansion are essential to success. Prepare multiple forecast views. Top down / Bottom up.

Forecasting 88

Forecasting Planning Reconciliations Leadership 88

Centage

JANUARY 18, 2022

While spreadsheets have long reigned supreme as the foundation of budgeting and forecasting for many organizations, the shortcomings of this legacy, siloed tool have become too hard to ignore. Accuracy is the critical to the budgeting and forecasting process. How easily can I create and track an accurate budget from the plan?

Budgeting 111

Budgeting Forecasting Financial Planning and Analysis (FP&A) General Ledger 111

Spreadym

JUNE 2, 2023

Rolling forecast is a financial planning and forecasting approach that involves continuously updating and extending the forecast based on the latest available data and information. As the current period elapses, the forecast is extended by adding a new period, maintaining the same forecast horizon.

Forecasting 52

Forecasting Budgeting Communication Planning 52

Centage

JANUARY 9, 2024

While spreadsheets have long reigned supreme as the foundation of budgeting and forecasting for many organizations, the shortcomings of this legacy tool, and the silos it creates, have become impossible to ignore. It’s never a bad time to consider how to improve your overall budgeting and forecasting process.

Budgeting 52

Budgeting Forecasting General Ledger Finance 52

Planful

JUNE 17, 2021

But not every CFO thrives in the strategic planning side of their role. Many finance leaders confuse financial planning with strategic planning. But when it comes to strategic planning components, CFOs shouldn’t be in a pure finance mindset. Strategic Planning Component #1: Revenue.

Strategic Planning 40

Strategic Planning Financial Planning and Analysis (FP&A) Planning CFO 40

Spreadym

JUNE 8, 2023

Planning, budgeting and forecasting for a business are three distinct financial management tools used in business, each serving a different purpose. Key differences between planning, budgeting and forecasting for a business Here are key difference between planning, budgeting and forecasting for a business.

Budgeting 52

Budgeting Forecasting Planning Strategic Planning 52

CFO Selections

MARCH 4, 2024

The “branches” off each decision alternative that result use data analysis to forecast the most likely outcome of each decision. A decision tree is a critical part of strategic planning because it allows decision makers to analyze the effects of a significant change throughout different areas of the business.

Planning 86

Planning Data Analysis Strategic Planning Forecasting 86

CFO Share

MARCH 23, 2021

A rolling 12-month forecast projects financial performance over a 12-month time horizon using the “add/drop” approach to forecasting. Unlike a budget or calendar year forecast, a rolling 12-month forecast adds one month to the forecast period each time a month is closed so that you are continuously forecasting for 12 months.

Forecasting 52

Forecasting Financial Planning and Analysis (FP&A) Budgeting Cash Flow Forecasting 52

CFO Talks

FEBRUARY 2, 2024

In the evolving role of a Chief Financial Officer (CFO), mastering risk management, budgeting, and forecasting tools is crucial. A CFO’s role is to identify, evaluate, and mitigate these risks through strategic planning, ensuring the integration of risk management processes across all departments of the organisation.

CFO 52

CFO Strategic Planning Risk Management Forecasting 52

VCFO

OCTOBER 10, 2023

monthly, annual) performance, much more is needed for effective strategic planning – proactive planning that looks beyond what the business will do in the short term to where you want it to be in five years, ten years, or a similar timeframe. While the Income Statement does provide a view of historical (e.g.,

Strategic Planning 83

Strategic Planning Cash Flow Forecasting Profit and Loss CFO 83

CS Lucas

FEBRUARY 16, 2021

Cash forecasting has and always will be a practice that successful businesses utilise to stay ahead of unprecedented events. Tips for cash forecasting: Analyze your cash flow. Begin forecasting by assessing your business’ current cash flow and conducting a deep analysis of your incoming receipts and outgoings payment.

Forecasting 52

Forecasting Cash Flow Forecasting Strategic Planning Invoicing 52

Spreadym

NOVEMBER 3, 2023

Budget Variance: Compare actual financial results to budgeted or forecasted figures. Regularly tracking and analyzing these metrics can help you make informed strategic decisions, identify areas for improvement, and ensure your financial plans align with your organization's objectives. and "How will we get there?"

Planning 59

Planning Strategic Planning Budgeting Forecasting 59

VCFO

NOVEMBER 1, 2023

A common outcome of this mindset is a rationalization on the part of the CEO that they (perhaps along with the CFO) can adequately represent the views of People Ops as strategic planning commences, check some HR-oriented items off the list themselves, and not bring focused People Operations expertise to the table.

Strategic Planning 75

Strategic Planning Leadership Compliance Planning 75

Lime Light

JUNE 12, 2023

Having an accurate and dynamic forecast creates a confident finance function in any business. However, when your skilled FP&A team members spend hours gathering and formatting static spreadsheets, that’s less time being spent on analyzing results, developing what-if-scenarios, and modeling strategic plans and forecasts.

Financial Planning and Analysis (FP&A) 75

Financial Planning and Analysis (FP&A) Planning Strategic Planning Forecasting 75

Cube Software

DECEMBER 3, 2023

Understanding Planful: strengths and limitations Planful is a provider of cloud-based financial planning software that allows FP&A teams to analyze their financial data and create more insightful forecasts and reports.

Planning 52

Planning Strategic Planning Forecasting Financial Data 52

Barry Ritholtz

AUGUST 26, 2023

Davis explains why Vanguard doesn’t play the forecasting game, noting the “forecasting game is really hard and even harder for the short-term.” Davis adds “ Instead of forecasting events you have no control over, you can control your diversification and costs.”

Treasury 98

Treasury Forecasting Strategic Planning Investments 98

The Finance Weekly

MAY 5, 2024

As companies shift from static sales plans to more dynamic sales planning, leaders see it as a more advanced and adaptable approach that can be tailored to meet the organization's evolving needs. Benefits of Sales Planning Sales planning offers a bunch of perks for businesses. What is Revenue Planning?

Planning 52

Planning Sales Forecasting Strategic Planning 52

CFO Simplified

JULY 22, 2022

Create a cash flow forecast. A business plan isn’t something that you just create when you start a company, it’s a strategic plan for how you’re going to manage and grow over the next two, five, and 10 years. The pandemic changed plans for nearly every business. Update your strategic plan.

Cash Flow Forecasting 96

Cash Flow Forecasting Strategic Planning CFO Planning 96

CFO Selections

MARCH 9, 2023

As companies continue to battle unexpectedly high inflation and economic uncertainty , understanding this year’s prevailing trends across financial forecasting, fintech stacks, procurement, and customer attribution can help them to increase revenue and market share.

Strategic Planning 52

Strategic Planning CFO Forecasting Economics 52

CFO News Room

FEBRUARY 1, 2023

The retailer could see upside to expected profit in 2024 and 2025 as its strategic plan takes shape, according to the firm. The company’s fiscal second-quarter revenue topped analysts’ forecasts, according to Refinitiv. Advanced Micro Devices — Shares of chipmaker Advanced Micro Devices jumped 12.6%

Profit and Loss 130

Profit and Loss Strategic Planning Budgeting Manufacturing 130

Future CFO

NOVEMBER 8, 2023

For companies starting out in the business, some resort to hiring fractional chief financial officers to share their expertise in finance, strategic planning, and other CFO-related activities. CFOs partner with business owners to develop an annual plan that's focused on your goals and dreams.

CFO 52

CFO Strategic Planning Forecasting Planning 52

CFO Talks

FEBRUARY 9, 2024

When interest rates remain stable, CFOs can confidently plan their finances, minimising the risks associated with interest rate fluctuations. Financial Planning and Analysis: Forecasting and analysing financial trends are fundamental skills for today’s CFOs.

CFO 52

CFO Strategic Planning Communication Risk Management 52

Boston Startup CFO

APRIL 12, 2024

13-week Cash Flow Forecasting We offer a comprehensive and forward-looking approach to cash planning. Budget vs. Actuals, Monthly Rolling Forecasts By analyzing your financial performance against budgeted targets, we will identify variances and recommend actionable strategies to improve cost efficiency and revenue generation.

Planning 40

Planning Cash Flow Forecasting Forecasting Benchmarking 40

VCFO

MARCH 2, 2023

Some may think that makes financial management and strategic planning in a professional services firm simpler. Visualizing and articulating goals for the business provides an endpoint that one can then walk back year-on-year to chart milestones, build meaningful budgets, and form the basis of the strategic plan.

Strategic Planning 64

Strategic Planning CFO Budgeting Planning 64

Centage

NOVEMBER 14, 2023

For the finance team, reforecasting (sometimes called budget reforecasting or financial reforecasting) is the best mechanism for effectively managing changes in strategic planning throughout the budget year. There is no question of the value that budgeting and forecasting provides an organization. What is budget reforecasting?

Budgeting 52

Budgeting Forecasting Strategic Planning Leadership 52

Jedox Finance

SEPTEMBER 29, 2021

Those are all good approaches, but SPM must be holistic and combine those approaches and offer better planning, forecasting, and control of different stages of sales processes. Effective sales incentive models should signal the desired results in light of the overall strategy, such as higher compensation for strategic products.

Financial Planning and Analysis (FP&A) 124

Financial Planning and Analysis (FP&A) Sales Forecasting Budgeting 124

Future CFO

JANUARY 7, 2024

By leveraging advanced analytics and cloud technology, CFOs can drive strategic insights, improve forecasting accuracy, and optimise cash management. With the vast volumes of data available, CFOs are increasingly assuming the role of data stewards.

CFO 52

CFO Risk Management Leverage Strategic Planning 52

Spreadym

JUNE 27, 2023

FP&A is a process used by organizations to develop and manage their financial plans and make informed decisions based on financial analysis. It involves forecasting, budgeting, analyzing, and reporting financial information to support strategic planning and operational decision-making.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Financial Analysis Budgeting 52

PYMNTS

MAY 24, 2018

However, the company topped analysts’ profit and sales forecasts for at least its eighth consecutive quarter. We start the new year with a solid foundation — including a clear strategic plan to deliver long-term growth and value creation, an engaged global organization, and a strong balance sheet.

Forecasting 40

Forecasting Sales Strategic Planning Planning 40

CFO Share

APRIL 1, 2024

Forecast Review Call: A Shift in Perspective As you prepare for the forecast review call, apprehensions once again cloud your mind. You know that’s a problem, and don’t see how a CFO’s forecast can help you solve the issue. Outsourced CFO duties include: Financial analysis and strategic planning.

CFO 52

CFO Profit and Loss Forecasting Strategic Planning 52

Focus CFO

JANUARY 31, 2022

His focus has been on the forward-looking areas of finance such as strategic planning, forecasting, financing, and M&A. Tom has over 30 years of experience in finance roles, including working directly with entrepreneurs. Read More About Tom. 855-236-0600.

Strategic Planning 52

Strategic Planning Forecasting Finance Planning 52

Centage

OCTOBER 23, 2023

What are the plans for the organization? This may seem like more of a strategic planning question than a budgeting process one, but the two are intertwined. At the same time, they will want to know that you’ve considered what it will take, financially, to accomplish those plans. What happens if it all goes wrong?

Budgeting 52

Budgeting Strategic Planning Forecasting Planning 52

Focus CFO

DECEMBER 6, 2021

Turning Goals into a Strategic Plan. A long to-do list or a list of goals is not a strategic plan. Businesses that set goals and try to hit them without an overarching strategic plan can end up wasting resources, pulling their teams in too many directions, and thwarting their own expansion efforts.

Financial Planning and Analysis (FP&A) 92

Financial Planning and Analysis (FP&A) Strategic Planning CFO Communication 92

Centage

AUGUST 16, 2023

Quickly compare performance against the plan and find holes and ways to improve. Freeing up time spent on manual budgeting processes gives leaders more resources to spend on strategic planning and forecasting. Automated budgeting tools allow you to: Build budget models in little time that can be the skeleton of your plan.

Budgeting 98

Budgeting Forecasting Strategic Planning Planning 98

CFO Simplified

FEBRUARY 13, 2022

Strategically plan for the company’s future . Additionally, a CFO’s ability to forecast a company’s financials based on past numbers and projections is arguably the most important piece of the puzzle. Review your business’ financial performance with your CFO prior to making any set-in-stone plans regarding your exit. .

CFO 52

CFO Strategic Planning Communication Forecasting 52