Centage
DECEMBER 14, 2023
Forecasting errors are an inevitable part of the budgeting process. Understanding and addressing these errors is crucial for effective budget management. Quickly identifying forecast errors in your budget is not a sign of failure, but an opportunity for improvement. There’s no such thing as a flawless budget.
Centage
MAY 31, 2022
Data Isn’t Enough Clearly, data is an essential tool for businesses looking to navigate everything from the continuing COVID-19 pandemic to evolving economic conditions and setbacks. For truly effective forecasting, businesses and financial departments need to find new ways of assembling and analyzing data.
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Planful
APRIL 29, 2021
Following the start of the pandemic in 2020, 89% of CFOs found the “external economic and financial uncertainties facing their business as high or very high,” which was up by 34% from the previous quarter. Navigating unprecedented events requires looking at the most recent data impacting your company.
Jedox Finance
APRIL 9, 2020
While times of crisis do eventually pass, history shows that the measurable economic impact can linger. The importance of real time data. A modern enterprise performance management solution helps decision makers to prepare and analyze data and share insights. Better agility increases resiliency.
Centage
DECEMBER 13, 2021
Modern FP&A professionals are charged with providing strategic, data-driven advice that helps leadership make sound decisions in the near and long-term future. Finance teams need to answer specific questions, such as: What will the business look like given the economic climate? Where and what are the risks we need to watch out for?
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