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Workday: How CFOs can make agile budgeting successful

Future CFO

Editor’s note: Have you already adopted agile budgeting? Pannie Sia (pictured), general manager, ASEAN, Workda y explains what it is, how it’s different from traditional budgeting, the benefits it brings, and how CFOs can make agile budgeting effective and successful. FutureCFO: Why do finance functions do agile budgeting?

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The Ins and Outs of Budgeting and Planning Drivers

Centage

With that in mind, many businesses are turning to budgeting and planning drivers as a way of obtaining more accurate information. A newer approach to financial management, driver-based planning involves examining a company’s main business and value drivers with a goal of designing plans and budgets with them in mind.

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The Mentoring Round | Jeff Bray, CFO, Semperis

CFO Thought Leader

Inside The Mentoring Round, Semperis CFO Jeff Bray emphasizes the importance of concentrating investments on the best ideas rather than spreading resources too thinly. He also plans to improve budget reporting to business units and implement stronger governance structures to support scaling operations.

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How global treasurers and CFOs should approach an erratic economy

Future CFO

Challenging during volatility—but can’t be neglected Frequent and accurate cash forecasts are an organisation’s eyes and ears for maintaining cash visibility and liquidity while predicting cash flow amid a fickle market (and between a pandemic, geopolitical instability, and recession worries, fickle has become the baseline).

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Difference between Sales Planning and Revenue Planning

The Finance Weekly

This plan covers everything from activities and target markets to budget, resources, and market positioning. Strategic Sales Planning When it comes to strategic planning, sales shouldn't just focus on yearly targets but also look ahead with sales forecasts.

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Financial Planning for Efficient Financial Management

Spreadym

Budgeting : Create a detailed budget that outlines your income and expenses. A budget helps you understand where your money is going and allows you to make informed decisions about spending and saving. Budget Variance: Compare actual financial results to budgeted or forecasted figures.

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Comprehensive Guide to FP&A Salaries

The Finance Weekly

Financial Planning and Analysis (FP&A) involve a range of activities, including planning, forecasting, budgeting, and analytical tasks, all of which are vital in providing essential support for a company's major business decisions and overall financial well-being.