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Why Financial Forecasting Is More Important Than Your Annual Budget

Centage

But times have changed – which is why financial forecasting is more important than your annual budget. They’re focused less on benchmarking current performance to the predicted budget and instead want to leverage real-time data to understand what the future looks like. What’s the Financial Forecast Look Like?

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Scaling A Digital Marketing Agency: A CFO's Guide to Success

Adam Kae

From budgeting and forecasting to optimizing revenue streams, we'll cover essential considerations to empower your agency's growth journey. Mastering Budgeting and Forecasting Optimizing financial planning is crucial. We'll also cover cash flow forecasting techniques and risk management to minimize financial uncertainties.

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FP&A Survey Results – Finance Trends and Predictions for 2022

Centage

Our goal is to establish benchmarks, identify trends, and support on-going development of products and services that best fulfill our customers’ needs. While over 60 percent wanted to focus on budgeting and forecasting, another 52 percent intended to invest resources into growth, acquisition, and reorganization.

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Preparing Your Finance Organization for the New Era of AI

CFO Leadership

Scenario analysis may also leverage AI to model various scenarios to better understand potential consequences of different decisions and market changes. Generative AI a subset of AI that uses learning patterns and structures from existing data to generate original content, including text and images. over at least the next decade.

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Elevating tomorrow’s finance leaders today

Future CFO

What makes for a sought-after chief finance professional (CFO)? CFO: The disruption of 2020 highlighted the need for the finance function to be more responsive – continually re-evaluating both short and long-term goals and strategies. These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances.

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PodChats for FutureCFO: Bridging the confidence gap in financial data

Future CFO

At a recent roundtable, one CFO commented she can’t recall a period in recent years where her team had done so many “what if” analysis than in 2020. Another CFO pointed out that COVID-19 has elevated stress testing to a whole new level. FutureCFO’s discussions with finance leaders in Asia identified similar conditions.

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Building a career in digital finance post COVID-19

Future CFO

Asked what the priorities of the financial planning and analysis teams were in 2018, three-quarters of CFOs surveyed by FutureCFO between March and April 2020 picked planning, budgeting and forecasting as a key function of the department. She noted that the CFO function is at an inflection point.