Planful

SEPTEMBER 22, 2016

What are some of the biggest problems with the annual budget, and how can teams improve budget planning? Budgets Are Simple and Yet So Complex. Budgets can be strange. After all, a budget is simply a financial plan for a set duration of the company, including the projected income and expenses of the business.

Budgeting 40

Budgeting Financial Planning and Analysis (FP&A) Strategic Planning Forecasting 40

The Finance Weekly

NOVEMBER 27, 2023

They are widely used in , strategic planning and reporting to guide investment decisions. This measure aids in predicting future profits and establishing profitability goals and benchmarks. These objectives may include things like total revenue, profit, or the ratio of debt to equity.

Budgeting 52

Budgeting General Ledger Concentration Benchmarking 52

Centage

JANUARY 18, 2024

Finance teams often get asked to do more with less, which makes it important that you adopt the right FP&A tools to amplify your capabilities and create more time for strategic planning. Stronger interdepartmental communication and collaboration is a good benchmark to set as a best practice for this year.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Data Analysis Leverage Risk Management 40

CFO Talks

MARCH 19, 2024

This list should encompass both quick wins, such as automating invoice processing to improve cash flow management, and long-term objectives, like integrating AI-driven analytics for more accurate financial forecasting and strategic planning. These KPIs serve as benchmarks to measure the organization’s progress toward its goals.

CFO 52

CFO Communication Finance Budgeting 52

Future CFO

AUGUST 30, 2021

According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances. What makes for a sought-after chief finance professional (CFO)?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Problem Solving 52

Planful

OCTOBER 25, 2016

One recommendation was to establish baselines for the business based on prior experience, or to use external benchmarking information to evaluate performance and risk. And as such, it should be considered as part of corporate goal setting, strategic planning, and financial and operational planning and reporting.

Risk Management 40

Risk Management CFO Budgeting Benchmarking 40

VCFO

NOVEMBER 1, 2023

Alternatively, if expenses are running over budget, are there line items that can be cut or deferred to pull overall expenses back in line with budget? Tax Planning is Beneficial and Essential A wise person once said that failing to plan is planning to fail. It is important to ensure that is happening.

Finance 91

Finance Strategic Planning Auditing CFO 91

Fpanda Club

FEBRUARY 5, 2024

Moreover, over 30% of finance leaders still do not have a seat at the table during strategic planning discussions. Otherwise, they will just add up to the budget of the finance function instead of adding value. The State of Strategic Finance. Vena Industry Benchmark Report 2022. FSN The Modern Finance Forum, 2022.

Finance 130

Finance Analyzing Data Benchmarking Communication 130

VCFO

MARCH 17, 2023

A benchmark exercise can also provide insight here. While a 12-month projection is needed to support broader budgeting and forecasting, sharpening their view of those peak periods is a must. Large companies will have historical information to look back on. Request a Free Consultation from a vcfo expert who can help.

Manufacturing 73

Manufacturing Benchmarking Forecasting Profit and Loss 73

VCFO

MARCH 30, 2023

A good place to start is benchmarking yourself against your competition. Technology investments are often punted forward to satisfy budget concerns or to calm fears of painful implementations, but those reasons should never get in the way of evaluating the potential return on technology investments.

Valuation 89

Valuation SAP Concentration Benchmarking 89

Barry Ritholtz

FEBRUARY 21, 2023

And we had prioritized all our strategic plans, we had to figure out how to get them done while people were remote. And right now, you look back over 10 years, our active funds, 94 percent are outperforming their competitive group averages, 68 percent are outperforming their benchmarks. So you look for more excess return.

Leadership 107

Leadership Investments Profit and Loss Technology 107