Spreadym

OCTOBER 10, 2023

Variance reporting is a financial and management accounting process used to analyze the differences between budgeted or expected figures and actual performance results. Key aspects of variance reporting include: Budget or Target Figures: This is the baseline against which actual performance is compared.

Budgeting 59

Budgeting Sales Financial Data Manufacturing 59

Fpanda Club

SEPTEMBER 2, 2021

FP&A analyst, in turn, is a promising yet developing profession that can be interesting to graduates with finance, statistics, economics or business degrees as well as to finance professionals from adjacent disciplines. Planning, budgeting and forecasting are linked together forming financial planning processes.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Forecasting 130

Future CFO

NOVEMBER 17, 2022

This comes despite findings that suggest that visibility over cash flow and other financial metrics could be the key to businesses weathering the growing global economic storm, the firm added. Singapore: survey highlights.

Finance 96

Finance Financial Data Economics Budgeting 96

CFO News Room

DECEMBER 16, 2022

And while there’s no guarantee that any job will be immune to cutbacks or layoffs, some industries weather economic storms better than others. After all, people will always need financial services, whether investing their money , taking out loans, or managing their taxes. Financial Examiner. Budget Analyst.

Finance 130

Finance Budgeting Financial Analyst Compliance 130

Future CFO

MARCH 3, 2025

The ability to analyse data, identify insights, and communicate those insights effectively is highly valued. Finance professionals need to be able to tell a story with the numbers, explaining the implications of financial data for the business.

Finance 69

Finance Communication Leadership Profit and Loss 69

Future CFO

DECEMBER 18, 2022

Growing economic volatility will continue to add uncertainty to an already challenging and unpredictable global business environment as we head into 2023. Steering companies through the economic volatility ahead. Doing more with less will be a key priority as companies pivot from growth to finding efficiencies. Source: Gartner 2022.

Economics 98

Economics CFO Leadership Financial Data 98

Embark With Us

MARCH 20, 2025

Ensure Consistent Financial Data Consistent financial data is another critical component of accurate reporting, analysis, and decision-making, all of which are crucial for supporting patient care initiatives. Better Patient Care : Financial stability ensures resources are available for patient care initiatives.

Healthcare 52

Healthcare Auditing Compliance Leadership 52

Future CFO

FEBRUARY 2, 2025

This technology drives human-centric transformation, fortifies an organisation's ecosystem position, enhances employee relationships, and builds resilience for future economic shifts." These insights, Cheah believes, also empower Office of the CFO and AP teams to make proactive decisions that ensure financial health.

Accounts Payable 52

Accounts Payable Accounting Invoicing CFO 52

CFO Strategic Partners

APRIL 14, 2025

Let’s take a look at 5 reasons to accelerate your financial learning curve. 5 Reasons to Prioritize Financial Literacy Poor financial literacy negatively impacts overall business performance, financial decision-making, fundraising, M&A, and much more.

Mergers and Acquisitions (M&A) 40

Mergers and Acquisitions (M&A) Leadership Auditing Valuation 40

Michigan CFO

APRIL 25, 2025

Source: Survey: Half of US small businesses encounter fiscal challenges due to a lack of financial literacy This situation can place both business and personal finances at risk, partiulcarly if no financial safety net exists. A gap in financial confidence leads to fear or avoidance of financial management.

Strategic Planning 40

Strategic Planning CFO Budgeting Financial Data 40

Centage

OCTOBER 17, 2022

However, in today’s unstable economic circumstances, adhering too strongly to your preconceived notions can result in significant financial loss. To that end, it’s essential to have a software program that lets you create multiple versions of your budget based on different financial models.

Strategic Planning 98

Strategic Planning Planning Cash Flow Forecasting Forecasting 98

Spreadym

JUNE 8, 2023

Planning, budgeting and forecasting for a business are three distinct financial management tools used in business, each serving a different purpose. Key differences between planning, budgeting and forecasting for a business Here are key difference between planning, budgeting and forecasting for a business.

Forecasting 52

Forecasting Budgeting Planning Risk Management 52

Centage

OCTOBER 3, 2022

This accessible program can accomplish various tasks, such as financial forecasting and budgeting. If your business has used Excel for financial forecasting, you may have found some challenges with the program. With these spreadsheets, you can store, organize and analyze valuable data.

Forecasting 98

Forecasting Budgeting Data Analysis Financial Modeling 98

PYMNTS

NOVEMBER 9, 2020

there are indications that the opening of data flows between financial services companies has led to strong innovation (and demand for that innovation), and more regulation may loom. The mechanic of digital conduits, and the consent, open the door to digitization and data aggregation, simplifying and streamlining daily financial life.

Banking 114

Banking Financial Data Prioritization Economics 114

Future CFO

OCTOBER 1, 2023

Among these are the changes that were faced in the financial planning and analysis function. How the pandemic dictated changes in FP&A Chew said that moving data to the cloud and creating more standardised dashboards for more proactive management actions are a few of the FP&A practices that were influenced by the COVID-19 situation.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Forecasting Planning 98

Centage

DECEMBER 15, 2022

Why Accurate and Granular or Detailed Financial Reporting is Imperative During Times of Volatility. Business moves at a fast clip, whether during times of economic expansion or times of uncertainty like we are experiencing today. Enter Modern Financial Reporting. The Path to Business Success.

Financial Reporting 98

Financial Reporting Financial Planning and Analysis (FP&A) Profit and Loss Forecasting 98

Navigator SAP

FEBRUARY 17, 2022

How do you keep employees engaged and business thriving in an economic landscape marred by the ongoing effects of the COVID-19 pandemic on society at large? The ERP functional areas of management are extensive, as they aid almost every part of a business.

SAP 130

SAP Invoicing Manufacturing Compliance 130

Future CFO

AUGUST 7, 2024

Partnering with other C-suites executives To be able to adapt with the shifts, Ho takes note of the fact that CFOs often have a seat at the Board and are required to act as the CEOs' business partner working hand-in-hand to steer the company through the current economic climate. As opposed budgeting, I prefer to set ‘targets’', says Ho.

Data Analysis 98

Data Analysis CFO Budgeting Performance Measuring 98

Planful

AUGUST 31, 2016

It’s on account of all these economic and industry variables that Finance teams require a high degree of agility. Whether the cost of oil is increasing or the demand for products is on the decline, Finance teams need to be able to respond immediately to ensure their budgets and plans reflect these shifting circumstances.

Budgeting 40

Budgeting Planning Forecasting Finance 40

Simply Treasury

JUNE 3, 2021

We all understand that the C-level wants treasury to lake use of huge financial data they sit on and develop more reporting and dashboards. automatic reconciliation, Straight Through Processing / STP, use of mass data, etc.). Robotics and RPA’s are an intermediary steps to automation, which explains its high ranking.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

Centage

MAY 8, 2023

Your role is critical and complex as you know and understand the financial operations of your organization inside and out – and are ultimately responsible. You are a master of your companyʼsʼ financial data – and there is so much of it to manage. Plan to work with them early in your board presentation development stage.

Nonprofit 98

Nonprofit Budgeting Finance CFO 98

CFO Talks

OCTOBER 9, 2024

As a CFO, you must not only communicate financial results but also articulate the company’s strategic goals in a way that resonates with everyone—from junior staff to the board of directors. Simplify complex financial data when communicating with non-financial staff.

Leadership 98

Leadership Problem Solving CFO Communication 98

Centage

SEPTEMBER 13, 2022

There is some risk to using past performance to inform your long-term plans, and this can be compounded during times of economic uncertainty. Forecast vs. Budget Though similar, a budget and a forecast serve different purposes. Companies typically create a budget before a forecast.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Forecasting Profit and Loss 98

CFO Talks

OCTOBER 15, 2024

Practical Applications of Predictive Analytics in Risk Management To get started with predictive analytics, you don’t need to be a data scientist. Financial Risk Forecasting Predictive models can analyse your company’s financial data—such as revenue patterns, cash flow, and expenses—to identify potential financial risks.

Risk Management 95

Risk Management Compliance Forecasting Credit Risk 95

Spreadym

OCTOBER 3, 2023

Financial Planning and Analysis (FP&A) candidates are professionals who specialize in financial planning, budgeting, forecasting, and analysis within an organization. They play a critical role in helping companies make informed financial decisions and allocate resources effectively.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Financial Analysis Financial Modeling Budgeting 59

Future CFO

SEPTEMBER 26, 2024

This is in the aim of producing timely financial data and other outputs, such as visualisations. Interpersonal skills are also important, as analysts and modelers can be tasked with communicating complex financial data to colleagues in other functions or locations, or with quickly educating senior leaders.

Forecasting 52

Forecasting Planning Budgeting Financial Data 52

CFO Share

JULY 16, 2024

Strategic Planning and Forecasting CFOs create long-term financial plans and forecasts. They analyze market trends and economic data to predict future financial performance and guide strategic decision-making. They ensure these decisions align with the company’s strategic objectives and financial goals.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) CFO General Ledger Compliance 98

PYMNTS

MAY 13, 2020

These solutions also provide detailed AP data that can help buyers recognize when they can afford to pay suppliers early without risking their own budgets. This month’s Next-Gen AP Automation Tracker ® examines how AP tools are smoothing B2B transactions and helping companies to better weather the economic downturn.

Invoicing 79

Invoicing Accounts Payable B2B Budgeting 79

CFO News Room

JANUARY 4, 2023

The Chief Finance Officer of a real estate investment trust manages the organization’s financial health and ensures its long-term stability and growth. By leveraging their expertise in operations and administration, they ensure that everything runs within budget and on time. Economic contribution of REITs in the United States.

Investments 130

Investments Budgeting Finance Marketing 130

Future CFO

DECEMBER 31, 2021

According to Gartner , finance leaders anticipate a greater percentage of their time will be spent in improving flexibility of budgeting & forecasting (58%), closely followed by developing digital skills (56%) and redefining employee value proposition in hybrid environments. What does this mean to the finance and accounting team of 2022?

Leadership 98

Leadership Finance GAAP Forecasting 98

Jedox Finance

SEPTEMBER 3, 2020

In the old world, fragmented data, disconnected systems, and manual processes made this difficult, if not impossible. Cloud scenario planning platforms can now capture financial data and sub-ledger transactions in real time to provide constant feedback on cost and revenue. Add a little seasonality, and the plan was good enough.

Forecasting 81

Forecasting CFO Planning Budgeting 81

Jedox Finance

NOVEMBER 17, 2022

In many cases, the business planning most commonly conducted by finance has morphed into xP&A projects with cross-departmental collaboration as the centerpiece of modern planning, budgeting and forecasting. Unifying data stuck in silos is vital for CPAs to be able to truly embrace what the digital era offers.

Accounting 98

Accounting Budgeting Forecasting Finance 98

CFO Talks

AUGUST 15, 2024

Futuristic Finance: Strategic Thinking for Tomorrow’s CFO In an era where rapid technological advancements and global economic shifts are the norm, Chief Financial Officers (CFOs) are not just financial stewards but strategic visionaries. This capability is crucial for accurate forecasting and strategic decision-making.

CFO 52

CFO Finance Problem Solving Budgeting 52

Future CFO

DECEMBER 17, 2023

Technology and some budget flexibility will boost confidence The theme of 2023 is doing more with less, and that will continue to be the case as economic uncertainty carries over into 2024, said Tom Lavin, Chief Controlling Officer, Marketing and Solutions. Finance teams spend significant time on financial planning," he said.

SAP 52

SAP Finance Budgeting Data Analysis 52

Centage

JULY 26, 2022

While you might not be able to prevent the next economic downturn, there are steps your business can take to ensure you’re in the best possible position to handle what’s to come. To survive and thrive in the current corporate environment, you need to have more financial data than the competition.

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting Budgeting Data Analysis 52

The Finance Weekly

MAY 29, 2024

A study revealed that inefficiencies in the traditional FP&A role, like manual preparation of P&Ls, balance sheets, and cash flows, lead to an annual economic loss of $6.1 billion in economic potential remains untapped by overlooking growth opportunities in FP&A. Additionally, a further $1.7

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Budgeting Forecasting 52

Collectiv

AUGUST 18, 2022

Financial planning and forecasting go far beyond just day-to-day budgeting. By analyzing existing financial data, planners are able to create detailed models to predict future performance. This type of financial planning also considers broader social and economic trends and how they will affect the business.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Forecasting Planning Finance 52