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How Data Guides A New Era For The ERP

PYMNTS

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. But the ERP of today doesn’t look like it used to.

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Need For Excel Skills Falling By The Wayside, CFOs Say

PYMNTS

“Spreadsheet” can be a four-letter word in corporate finance, but analysts say professionals continue to rely on the manual tool for everything from reconciliation to payroll. Two years ago, 78 percent of CFOs said proficiency in Excel is the most important skill for their financial planning and analysis (FP&A) teams.

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Marking Time: A new year, a fresh semester and its class time!

Musings on Markets

Last week, was my data week, where I download and analyze data on all publicly traded companies, listed anywhere in the world, and I will post extensively on what the numbers look like after a most tumultuous year. The class times for the coming semester are below: Corporate Finance: Mondays & Wednesdays, 12.30

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Suplari Customizes AI Analytics For Procurement Teams

PYMNTS

Finance and procurement are generally last in line for engineering or data science resources.” With businesses looking more closely at AI as a way to enhance spend analytics, companies are planning significant investments in the technology. billion by 2022.

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Data Update 1 for 2024: The data speaks, but what does it say?

Musings on Markets

After all, I had no plans on becoming a data service, and making them available to others cost me absolutely nothing. In my corporate finance class, I describe all decisions that companies make as falling into one of three buckets – investing decisions, financing decision and dividend decisions. Financing Flows 5.

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People, Processes & Technologies: Defining the Tools for Best-in-Class FP&A

Centage

Now more than ever, FP&A teams need to forecast, budget and plan on a monthly, and sometimes even a weekly, basis, but for many, that’s a tall order, especially if they rely on spreadsheets to reforecast and provide strategic advice on a regular basis. Data-Driven Planning Process. Watch Demo.

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Reaching the Full Potential of IFP&A

The Finance Weekly

A powerful trend in corporate finance in recent years has been a more dynamic approach to FP&A referred to as “Intelligent FP&A” (IFP&A). However, fully grasping the concept of IFP&A is no easy task given the typical poor approach finance leaders have in teaching and defining it to their subordinates.