The Finance Weekly

FEBRUARY 23, 2022

A study by the University of Baltimore and Excel-based FP&A company, , DataRails , lays out the full economic costs of businesses sticking with manually prepared financial reports. billion is the first number that came out of the research and this represents the total amount of money lost by manual financial work.

Financial Planning and Analysis (FP&A) 83

Financial Planning and Analysis (FP&A) Profit and Loss Budgeting Math 83

Centage

SEPTEMBER 5, 2023

Sophisticated FP&A software tools like Planning Maestro enable finance teams to automate routine tasks such as manual data entry, accelerating workflows and improving forecasting. The end result is that you get the data you need faster for more accurate forecasts all without overburdening staff and increasing budgets.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Benchmarking Valuation 52

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. Investing Time and Resources Commitment is also measured in terms of resource allocation.

CFO 52

CFO Communication Finance Budgeting 52

Centage

JANUARY 17, 2023

Between a volatile stock market, high interest rates, supply chain issues, inflation, and a possible recession, having a solid financial planning process in place is an important piece of sustaining your business through challenging times. Budget vs Actual Statement – What It Is and What It Isn’t.

Financial Planning and Analysis (FP&A) 98

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

The Finance Weekly

JANUARY 9, 2022

Environmental standards may seem like a non-urgent issue if laws haven’t been passed yet, but the CFO needs to be the reminder that these issues are imminent for budgeting, forecasting, and the overall long term vision of the company. This particularly affects budgeting and forecasting, and makes financial planning that much more difficult.

CFO 52

CFO Forecasting Leadership Budgeting 52

Michigan CFO

NOVEMBER 15, 2021

Like a regular CFO, a virtual CFO provides consulting on strategy, investigates measures to increase net returns, and helps with forecasting, cash planning and improves systems & processes. Check out these blogs: CFO for Manufacturing Companies. Standardized Reporting. Interested in learning more? Independence.

CFO 52

CFO Budgeting Forecasting Manufacturing 52

Planful

FEBRUARY 2, 2017

We’ve touched on the definition of EPM in a number of other posts, but I thought this would be a good time to define EPM from the Planful perspective. companies, government entities, educational institutions, and non-profits) link their strategies to their plans and execution. Reporting results to internal and external stakeholders.

Budgeting 40

Budgeting Forecasting Analyzing Data Finance 40

Centage

DECEMBER 21, 2022

The Value of Stress Testing Your Financial Plan. As we approach the end of the fiscal year and begin a new one, business leaders have an overriding concern: How accurate are the assumptions we made when we created our plan? All plans, to a certain extent, are based on assumptions. Scenario Planning and Goal Alignment.

Financial Planning and Analysis (FP&A) 98

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

Planful

JANUARY 11, 2022

Now is the time for CFOs at organizations of all sizes to lean on AI to plan, budget, and forecast with greater accuracy, speed, and confidence. This was great for business but led to increasingly long financial reconciliation times. AI can automatically detect issues like budget padding and human error at the granular level.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40

Planful

SEPTEMBER 6, 2021

In an ideal world, financial reports should build shareholder trust by offering accurate data about the performance of the company. In reality, a company’s financial report can be more flimsy—involving estimates and judgment from leadership that’s far from the truth. at its peak to $0.26

Financial Reporting 40

Financial Reporting Valuation IFRS GAAP 40

Michigan CFO

JULY 8, 2022

Financial Reporting. A CFO can create financial reports that simplify the bookkeeper or accountant numbers into informative metrics that a business owner can act upon. A CFO can create financial reports that simplify the bookkeeper or accountant numbers into informative metrics that a business owner can act upon.

CFO 40

CFO Forecasting Accounting Planning 40

VCFO

NOVEMBER 1, 2023

Identify opportunities for operational improvement and incorporate strategic adjustments in the planning for the year ahead. Finishing Strong Evaluate Year-to-Date Financial Performance and Push Hard to the Finish How is performance year-to-date? These opportunities have deadlines that must be met, and planning is essential.

Finance 91

Finance Strategic Planning Auditing CFO 91

CFO Simplified

APRIL 15, 2022

Knowing the actual cost of production is critical to setting accurate pricing and therefore profitability for any manufacturing company. Significant Findings, Recommendations and Course of Action: Monthly Reporting Package. Cost segregation and production reporting were excellent, but financial reporting was weak.

Profit and Loss 52

Profit and Loss Manufacturing CFO Accounts Payable 52

Onplan

NOVEMBER 30, 2022

Finance professionals and teams today have numerous solutions available to help them plan, budget, forecast, and analyze financial information. In this buyer’s guide to the best FP&A software, we’ll provide an overview of the top financial planning and analysis tools to consider. Customers success.

Financial Planning and Analysis (FP&A) 52

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