Remove Benchmarking Remove Communication Remove Financial Modeling Remove Technology
article thumbnail

The Future of Financial Leadership: Aligning Operational and Strategic CFOs

The Finance Weekly

It involves analyzing financial statements and data from different business units. Specialists in operational finance create financial models that outline the details of business processes and their impact on the company's goals, staff plans, budget, and cash flow. Help department heads make the case for new hires.

article thumbnail

What is Financial Planning and Analysis (FP&A)?

Spreadym

By providing financial insights and analysis, they assist in evaluating investment opportunities, assessing the financial impact of strategic initiatives, and developing long-term financial plans. They develop financial models that simulate various scenarios and assess the outcomes on key financial metrics.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The BP&B Health Check: Your Roadmap to Financial & Operational Excellence

E78 Partners

At its core, a BP&B Health Check is a benchmarking exercise that evaluates an organization’s strategic alignment and financial agility against industry standards. Additionally, it optimizes resource allocation, fosters integrated insights, and harnesses modern technology for a competitive edge.

article thumbnail

Change Management: The Modern CFO’s Blueprint 

CFO Talks

By distilling these goals into a concise list and communicating them consistently—whether in formal presentations or casual discussions—the CFO ensures everyone understands and aligns with the finance department’s direction. This might involve enhancing digital finance capabilities or adopting sustainable business practices.

CFO 52
article thumbnail

What is a Virtual CFO? A Guide for Businesses

Michigan CFO

CFOs play a pivotal role in strategic decision-making, ensuring the financial health and stability of the business. Evolution of the Virtual CFO Concept With the rise of remote work and advancements in technology, the concept of a virtual CFO has gained significant traction. What Do Virtual CFOs Do?

CFO 52
article thumbnail

10 Best FP&A Software Tools: A Comprehensive Buyer’s Guide [2023]

Onplan

Our guide to the best FP&A tools compares each vendor based on five criteria: Adoption — How easy it is for users to adopt the technology and learn and leverage its full extent of features and capabilities. OnPlan is a financial modeling and forecasting tool built by financial planners and analysts. Customers success.