CFO Network

SEPTEMBER 13, 2021

Keep reading to learn how business owners can use data through benchmarking and reporting to gain a competitive edge and improve business operations. What is Benchmarking? Benchmarking is the idea of comparing your company and its process and operations against your competitors. Why is Benchmarking so Important?

Benchmarking

Centage

SEPTEMBER 11, 2023

Benchmarking Performance Budget vs actuals analysis provides a starting point you can measure your business’s financial performance against. Improving Accountability Fostering accountability within your organization is another big advantage budget vs actuals analysis gives you.

Financial Planning and Analysis (FP&A)

Spreadym

SEPTEMBER 19, 2023

They serve as a benchmark against which actual performance is measured, and any deviations from the budget may require approval or justification. Performance Measurement Budget: Budgets are primarily used to measure actual performance against planned performance.

Forecasting

CFO Talks

MARCH 20, 2024

The modern CFO: Guardian, Change-maker, Manager, Planner To help new accountants get ready for a CFO role at large companies, the Institute of Chartered Accountants of Ontario (ICAO) and Queen’s University conducted extensive research on the roles of the CFO. Strategist (Planner) , plotting the company’s financial future.

CFO

CFO Talks

MARCH 14, 2024

Link Performance Measures to Strategy: Aligning performance metrics with the company’s strategic goals is vital. The CFO should review and adjust the existing measurement systems to ensure they are driving the desired behaviors and outcomes.

CFO

Spreadym

JUNE 27, 2023

Performance Measurement: Financial Planning and Analysis establishes performance metrics and key performance indicators (KPIs) to monitor and evaluate the organization's financial performance against set targets. FP&A identifies areas for cost savings, process improvements, and resource reallocation.

Financial Planning and Analysis (FP&A)

Barry Ritholtz

OCTOBER 24, 2022

I think a lot of people think of Morningstar, and rightly so for the star ratings, which are performance measurements. And he outlines credit cards, and he outlines mutual funds and money market funds and retirement accounts. NORTON: Concentrated portfolios or willing to stick our necks out and look different than a benchmark.

Investments