Cube Software

MAY 11, 2023

Introduction to the percentage-of-sales method The percentage-of-sales method is a financial forecasting model to assess a company’s financial future by making financial forecasts based on monthly sales revenue and current sales data. That makes it an accessible forecasting method for less experienced business owners.

Sales 52

Sales Financial Planning and Analysis (FP&A) Forecasting Accounts Payable 52

PYMNTS

NOVEMBER 25, 2020

percent year on year since just Sunday alone, and Adobe is reiterating its forecast for record online sales for Thanksgiving Day, Black Friday and Cyber Monday. Retailers certainly hope consumers will be shopping early so that their purchases can be shipped and delivered in time.”. percent gain year over year — and accounts for 38.6

Forecasting 87

Forecasting Sales Retail eCommerce 87

Planful

SEPTEMBER 23, 2015

Despite some advances in the application of new costing techniques such as activity-based costing, are management accountants adequately satisfying the needs of managers and employee teams for decision-based cost information? That is, are the accountants still just counting the beans, or are they helping to grow the beans?

Accounting 40

Accounting Business Analytics Valuation Economics 40

Planful

NOVEMBER 12, 2019

Financial planning is built around general ledgers, accounts, journal entries, cost centers, debits and credits. An income statement prepared for a global manufacturing conglomerate is very similar to one prepared for a local retailer. Dynamic Planning Tailored to Every Need.

Planning 40

Planning General Ledger Forecasting Finance 40

Planful

APRIL 28, 2015

In the last few decades, management accountants have made significant strides in improving the utility and accuracy of the costs they calculate and report. Examples include driver-based rolling financial forecasts and true marginal cost analysis for what-if scenarios. . What is the purpose of management accounting?

Accounting 40

Accounting Cost Analysis Forecasting Budgeting 40

CFO Simplified

APRIL 15, 2022

The company used Cash Basis accounting for their operating statements because taxes were calculated on a Cash Basis. Business – E-commerce retailer. A cash flow forecast was developed to manage the company’s cash shortfall. As a result, reporting always showed today’s sales with COGS from two months ago.

Financial Reporting 52

Financial Reporting Cash Flow Forecasting Profit and Loss Forecasting 52

PYMNTS

NOVEMBER 16, 2020

Of those persons, half said they expect to decrease retail spending in the next three months and nearly six in 10 (59 percent) will do less discretionary spending. PYMNTS data shows that all three dynamics will become solid planning factors as the holiday season ramps up. percent of consumers will spend more than they did in 2019.

Entertainment 121

Entertainment Retail Forecasting Sales 121

Future CFO

FEBRUARY 15, 2022

Finance and accounting outsourcing (FAO) buyers are increasingly open to third-party support for complex, judgment-intensive processes, and digital solutions; providers are further differentiating themselves with talent strategies, governance models and ESG initiatives. Trends driving FAO. Other findings.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Healthcare Leverage Finance 52

CFO News Room

FEBRUARY 5, 2022

The Union Budget for 2022-23 made a string of other announcements on digital payments, including a plan to offer netbanking to depositors with India Post and another to set up 75 digital banking units across as many districts. Depending on which is ready first, the central bank plans to release digital currencies for a pilot.

Budgeting 130

Budgeting Currencies Finance Banking 130

PYMNTS

JULY 13, 2020

From telehealth to new financing options for patient treatments to big retailers like Walmart , Walgreens and CVS mashing up retail with healthcare, everyone from startups to incumbents are using the pandemic as an opportunity to disrupt — and reinvent — healthcare. Here’s a look at some of the latest developments. We’re in healthcare.

Healthcare 87

Healthcare Concentration Startups Retail 87

VCFO

APRIL 21, 2022

Gary is a finance professional with more than 45 years of expertise in business development, global accounting, and process improvement across multiple industries. Gary is also a Certified Public Accountant. vcfo is delighted to announce that Gary Golden has joined the vcfo Dallas team as a Consulting CFO. About vcfo.

CFO 52

CFO Strategic Planning Auditing Leadership 52

Future CFO

JULY 13, 2020

While we were working from home, we started to look at the cash flow forecast for the next six months to anticipate the cash flow issues that we are going to face. We use our products, EPM to do a lot of these scenario planning as well as revisiting our balance sheets as well as forecast on users and sources of cash.

Planning 52

Planning Finance Manufacturing Advertising 52

CFO Leadership

APRIL 5, 2023

In fact, in many organizations, HR’s talent game plan swings from industrywide hiring “binges” to job “chops” as external conditions and revenue forecasts dictate. 3 The largest increases in job openings were in accommodation and food services, retail trade, and construction. The unemployment rate was 3.4%.

Leadership 105

Leadership Manufacturing CFO Construction 105

PYMNTS

FEBRUARY 18, 2020

billion cost-cutting plan to try and combat decaying revenues and the general stagnation of mall traffic in recent years. While S&P thought the company’s cost-cutting plan was a step in the right direction, it also said it was a sign that the chain’s competitive advantage had eroded more than S&P thought.

Forecasting 55

Forecasting Sales Retail Planning 55

CFO Talks

MARCH 19, 2024

The CFO needs to consider how AI can be leveraged not just for automating routine tasks, but also for providing deeper insights into financial forecasting, risk management, and strategic decision-making. The CFO fosters engagement by involving key team members in the planning process, encouraging feedback, and addressing concerns.

CFO 52

CFO Communication Finance Budgeting 52

PYMNTS

FEBRUARY 18, 2020

Walmart is in good company, of course – joining Macy’s, Kohl’s and Target on the roster of retailers that were seeking solid performance during the year’s most active and avid shopping season – and came up short. percent forecast. He noted that the company planned to address the scheduling issues, but didn’t elaborate further.

Forecasting 53

Forecasting Sales eCommerce Retail 53

Centage

SEPTEMBER 13, 2022

There is some risk to using past performance to inform your long-term plans, and this can be compounded during times of economic uncertainty. Your company needs to make plans for the future. What Is Financial Forecasting? Forecast vs. Budget Though similar, a budget and a forecast serve different purposes.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Forecasting Profit and Loss 98

PYMNTS

MAY 20, 2020

billion analysts forecast and rising 11.3 The use of those services accounted for about 5 percent of the quarter’s comparable-sales growth. As for what’s next, Target has like many retailers withdrawn its forecast for the year in the face of the incredible uncertainty that COVID-19 has created. Revenue clocked in at $19.62

Sales 89

Sales Forecasting Numbers Accounting 89

PYMNTS

OCTOBER 19, 2020

The OECD forecasted that the measures could bring in a further $100 billion in business tax revenues each year. . France Will Proceed With Controversial Digital Services Tax Plan. France will proceed with intentions to gather its controversial digital services tax in the middle of December, Accounting Today reported.

Tax Planning 57

Tax Planning Compliance Planning Economics 57

PYMNTS

NOVEMBER 21, 2018

Recurring Payments Market Forecast, 2017–2021: Set It and Forget It,” has explored U.S. Amazon , for example, has captured an estimated $7 billion to $10 billion in annual Amazon Prime subscription fees, enabling its one-click purchasing function that uses stored card and account data.

Forecasting 66

Forecasting Retail Accounting Marketing 66

Planful

AUGUST 7, 2020

Planful is full of FP&A professionals, from our product and sales teams to our services and implementation teams, and, of course, our finance team. Planful was built this way so we’re always talking to our customers in the language of finance. That makes the need for accurate cash flow forecasts even more important.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Cash Flow Forecasting Forecasting Planning 40

PYMNTS

DECEMBER 2, 2020

It enables banks to use existing infrastructure to provide better service 24/7, with faster speeds, clarity on fees and predictability on when an end beneficiary’s account will be credited. Adobe adjusted its online sales forecast to $184 billion for the entire holiday season (down from $189 billion), a 30 percent hike over 2019.

Sales 56

Sales Forecasting Retail Leverage 56

PYMNTS

OCTOBER 20, 2020

It’s just a week into the earlier-than-usual 2020 holiday selling season and already three facts are clarifying the retail picture: consumers are going to spend less overall, they are going to spend more time online and they don’t want to touch anything in the process. Some forecasts put total retail spending slightly ahead of last year.

eCommerce 63

eCommerce Retail Education Forecasting 63

PYMNTS

MAY 3, 2020

Forecasting when recovery starts and what it will look like is challenging in the absence of comparative data. Consumers, as PYMNTS most recent survey on the subject forecast, may miss life as normal, but they are by no means raring to get back out there. 31 percent of consumers plan to save their stimulus funds for a rainy day.

Forecasting 125

Forecasting Retail Accounting Planning 125

PYMNTS

AUGUST 10, 2020

for college students, according to the National Retail Federation (NRF). We’d say that back-to-school purchases prime the pump for the rush of shopping to come in Q4, but that underplays how much business back-to-school commerce accounts for in and of itself. But these aren’t normal times. per K-12 student and $976.78 For many U.S.

Education 56

Education Forecasting Retail Planning 56

PYMNTS

MARCH 26, 2020

Apple was originally planning an ambitious launch of the new phone, telling suppliers to be ready to manufacture as many as 100 million with four designs, sources told Nikkei. and Europe — which account for over 50 percent of sales, the sources told Nikkei. “They need the first 5G iPhone to be a hit.”.

Manufacturing 56

Manufacturing Forecasting Planning Sales 56

CFO News Room

NOVEMBER 16, 2022

In the second post, I pointed to inconsistencies in how accountants classify operating, capital and financing expenses , and the consequences for reported accounting numbers. If you are a numbers valuation, you start with some advantages.

Marketing 130

Marketing Valuation Advertising Numbers 130

PYMNTS

JANUARY 7, 2019

The Sunday Times reported that the plan will be revealed this week by the nation’s Small Business (SMB) Commissioner Paul Uppal. Improving the nation’s productivity forecasts starts by speaking out on late payments today. is launching a traffic-light warning system to spotlight large companies that fail to pay their suppliers on time.

Forecasting 72

Forecasting Retail Accounting Planning 72

PYMNTS

APRIL 3, 2020

Essential retail is starting to show some consistency as the acute phase of the COVID-19 crisis enters its second month. For example, forecasting sales and shipment allocations three months from now may be just as challenging as planning for the next two weeks.

Sales 52

Sales Manufacturing Forecasting Leverage 52

PYMNTS

NOVEMBER 16, 2018

The retailer also reported revenues of $3.65 Through a recent review of credit card accounts, Nordstrom said that some cardholders were being charged higher interest rates by mistake, but the company forecasts that less than 4 percent of cardholders will receive a refund or credit – and most of them will receive an amount less than $100.

Forecasting 46

Forecasting Retail Sales eCommerce 46

PYMNTS

JANUARY 22, 2019

Moreover, food-at-home accounts for 20 percent of spending for consumers between the ages of 25 and 34. These are some of the ways that retailers from Walmart to Publix – as well as Kroger , Albertson’s and ALDI – are bringing grocery shoppers through their doors or other sales channels. households at the end of its fiscal year.

Retail 59

Retail Budgeting Forecasting Technology 59

PYMNTS

SEPTEMBER 26, 2016

Over 171 million Americans plan to celebrate Halloween this year, spending an average of $82.93, forecasting a total spend of $8.4 Halloween sales, which would amount to an all-time high, according to data provided by the National Retail Federation. consumers about their Halloween shopping plans from Sept. billion on U.S.

Sales 60

Sales Planning Retail Forecasting 60

Centage

SEPTEMBER 13, 2022

There is some risk to using past performance to inform your long-term plans, and this can be compounded during times of economic uncertainty. Your company needs to make plans for the future. What Is Financial Forecasting? Forecast vs. Budget. Though similar, a budget and a forecast serve different purposes.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Forecasting Profit and Loss 52

PYMNTS

OCTOBER 23, 2020

PayPal is jumping into the world of digital currency , allowing those who have wallets to purchase, sell, and keep tokens such as ethereum, bitcoin, litecoin and bitcoin cash in their PayPal accounts. And, beginning next year, they will be able to spend their crypto collections with any of the 26 million retailers currently taking PayPal.

Invoicing 59

Invoicing Healthcare Forecasting Currencies 59

Planful

FEBRUARY 24, 2021

Winter21, which is now available to Planful customers, is here to help. Easier Workforce Planning. These new Workforce Planning capabilities bring more speed and efficiency to the planning process. These new Workforce Planning capabilities bring more speed and efficiency to the planning process.

Planning 40

Planning CFO Forecasting Communication 40

PYMNTS

AUGUST 21, 2019

Target investors liked what they saw when the retailer announced its latest round of quarterly results on Wednesday (Aug. billion in sales forecast. The retailer is now calling for adjusted earnings per share to fall within a range of $5.90 percentage points to its overall same-store sales growth. per share at this time in 2018.

Sales 44

Sales Forecasting Retail Leverage 44

PYMNTS

APRIL 24, 2019

Doug Collins and Senate Judiciary Committee Chairman Chuck Grassley, aims to “take into account the unique needs of small businesses and streamline existing reorganization processes.” particularly retail – are seeing insolvency rates surge. “The retail market, as USA Today reported earlier this year. In the U.S.,

Forecasting 56

Forecasting Retail Economics Numbers 56